Can I retire at age 52 with 2,370,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$195,712$193,969$192,268$190,608$188,987$183,896
2 years$96,887$95,083$93,334$91,639$89,994$84,901
3 years$63,950$62,138$60,393$58,714$57,096$52,161
4 years$47,484$45,678$43,951$42,300$40,721$35,982
5 years$37,608$35,812$34,108$32,490$30,956$26,425
6 years$31,025$29,243$27,564$25,983$24,494$20,176
7 years$26,326$24,558$22,906$21,362$19,920$15,816
8 years$22,802$21,051$19,426$17,920$16,526$12,632
9 years$20,064$18,329$16,732$15,264$13,917$10,231
10 years$17,874$16,156$14,587$13,158$11,858$8,375
11 years$16,083$14,383$12,842$11,451$10,198$6,913
12 years$14,592$12,909$11,397$10,044$8,838$5,743
13 years$13,332$11,666$10,183$8,867$7,707$4,797
14 years$12,252$10,604$9,149$7,872$6,756$4,024
15 years$11,317$9,687$8,260$7,020$5,948$3,388
16 years$10,500$8,888$7,489$6,286$5,257$2,860
17 years$9,780$8,185$6,815$5,648$4,661$2,421
18 years$9,140$7,564$6,221$5,090$4,145$2,053
19 years$8,569$7,010$5,695$4,599$3,694$1,744
20 years$8,055$6,514$5,227$4,165$3,300$1,484
21 years$7,591$6,067$4,808$3,780$2,953$1,264
22 years$7,169$5,664$4,431$3,437$2,647$1,077
23 years$6,785$5,297$4,091$3,130$2,376$919
24 years$6,433$4,963$3,784$2,855$2,136$785
25 years$6,110$4,658$3,504$2,607$1,922$671
26 years$5,813$4,377$3,250$2,384$1,731$574
27 years$5,537$4,120$3,018$2,182$1,561$491
28 years$5,282$3,882$2,806$1,999$1,408$420
29 years$5,045$3,662$2,611$1,833$1,272$359
30 years$4,824$3,458$2,432$1,683$1,149$308
31 years$4,618$3,269$2,267$1,545$1,039$263
32 years$4,425$3,094$2,115$1,420$940$226
33 years$4,244$2,930$1,975$1,306$850$193
34 years$4,074$2,777$1,845$1,202$770$166
35 years$3,915$2,634$1,725$1,106$697$142
36 years$3,764$2,500$1,614$1,019$632$122
37 years$3,622$2,374$1,511$939$573$104
38 years$3,488$2,256$1,415$865$519$89
39 years$3,361$2,145$1,325$798$471$77
40 years$3,240$2,041$1,242$736$427$66
41 years$3,126$1,943$1,165$679$387$56
42 years$3,017$1,851$1,093$626$352$48
43 years$2,914$1,763$1,025$578$319$41
44 years$2,816$1,681$963$534$290$36
45 years$2,722$1,603$904$493$263$30
46 years$2,633$1,529$849$456$239$26
47 years$2,548$1,459$797$421$217$22
48 years$2,466$1,393$749$389$197$19
49 years$2,388$1,330$704$359$179$16
50 years$2,314$1,271$662$332$162$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,370,000, adding $4,717 every year, while hoping to spend $22,611 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 35/48/17 Blend
51$2,370,000$2,370,000$2,370,000$2,370,000
52$2,616,606$2,490,996$2,454,261$2,694,376
53$2,859,441$2,588,996$2,512,420$2,849,479
54$3,126,289$2,691,042$2,571,771$3,014,261
55$3,419,573$2,797,305$2,632,328$3,191,577
56$3,741,965$2,907,969$2,694,107$3,382,552
57$4,096,410$3,023,224$2,757,124$3,588,420
58$4,486,151$3,143,269$2,821,394$3,810,536
59$4,914,760$3,268,311$2,886,932$4,050,383
60$5,386,174$3,398,567$2,953,754$4,309,594
61$5,904,731$3,534,264$3,021,872$4,589,957
62$6,475,210$3,675,639$3,091,300$4,893,437
63$7,102,875$3,822,939$3,162,053$5,222,192
64$7,793,529$3,976,424$3,234,143$5,578,593
65$8,553,564$4,136,364$3,307,581$5,965,243
66$9,390,023$4,303,041$3,382,381$6,385,004
67$10,310,667$4,476,751$3,458,552$6,841,019
68$11,324,046$4,657,803$3,536,104$7,336,744
69$12,439,584$4,846,520$3,615,049$7,875,978
70$13,667,661$5,043,240$3,695,393$8,462,897
71$15,019,718$5,248,314$3,777,144$9,102,091
72$16,508,361$5,462,113$3,860,310$9,798,611
73$18,147,480$5,685,023$3,944,896$10,558,008
74$19,952,379$5,917,445$4,030,906$11,386,390
75$21,939,924$6,159,803$4,118,345$12,290,475
76$24,128,700$6,412,536$4,207,213$13,277,653
77$26,539,185$6,676,108$4,297,511$14,356,056
78$29,193,943$6,950,999$4,389,240$15,534,629
79$32,117,841$7,237,714$4,482,395$16,823,217
80$35,338,280$7,536,781$4,576,974$18,232,654
81$38,885,453$7,848,751$4,672,971$19,774,862
82$42,792,631$8,174,202$4,770,378$21,462,962
83$47,096,479$8,513,737$4,869,185$23,311,400
84$51,837,397$8,867,988$4,969,380$25,336,073
85$57,059,907$9,237,615$5,070,950$27,554,484
86$62,813,069$9,623,309$5,173,878$29,985,900
87$69,150,945$10,025,793$5,278,145$32,651,533
88$76,133,108$10,445,824$5,383,730$35,574,740
89$83,825,208$10,884,193$5,490,608$38,781,234
90$92,299,588$11,341,727$5,598,752$42,299,330
91$101,635,967$11,819,293$5,708,131$46,160,208
92$111,922,194$12,317,797$5,818,712$50,398,201
93$123,255,076$12,838,187$5,930,457$55,051,118
94$135,741,292$13,381,456$6,043,326$60,160,599
95$149,498,399$13,948,643$6,157,273$65,772,501
96$164,655,944$14,540,834$6,272,249$71,937,327
97$181,356,682$15,159,167$6,388,201$78,710,704
98$199,757,929$15,804,831$6,505,071$86,153,896
99$220,033,043$16,479,074$6,622,797$94,334,384
100$242,373,063$17,183,198$6,741,310$103,326,498