Can I retire at age 52 with 2,390,000?

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 $2,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$197,364$195,606$193,891$192,217$190,582$187,194
2 years$97,705$95,885$94,122$92,412$90,753$87,351
3 years$64,490$62,662$60,903$59,209$57,578$54,268
4 years$47,885$46,063$44,322$42,657$41,065$37,873
5 years$37,925$36,114$34,396$32,765$31,217$28,151
6 years$31,287$29,490$27,797$26,202$24,701$21,766
7 years$26,548$24,766$23,099$21,542$20,088$17,284
8 years$22,995$21,229$19,590$18,071$16,665$13,992
9 years$20,233$18,483$16,873$15,393$14,035$11,490
10 years$18,025$16,292$14,710$13,269$11,958$9,540
11 years$16,219$14,504$12,951$11,548$10,284$7,990
12 years$14,715$13,018$11,493$10,129$8,912$6,739
13 years$13,444$11,764$10,268$8,942$7,772$5,716
14 years$12,355$10,694$9,226$7,938$6,813$4,871
15 years$11,413$9,769$8,330$7,079$5,998$4,166
16 years$10,589$8,963$7,552$6,339$5,301$3,575
17 years$9,862$8,254$6,872$5,695$4,701$3,077
18 years$9,217$7,627$6,274$5,133$4,180$2,654
19 years$8,641$7,069$5,743$4,638$3,725$2,293
20 years$8,123$6,569$5,271$4,200$3,327$1,985
21 years$7,655$6,119$4,848$3,812$2,978$1,721
22 years$7,230$5,711$4,468$3,466$2,669$1,493
23 years$6,842$5,342$4,126$3,157$2,396$1,298
24 years$6,488$5,005$3,816$2,879$2,154$1,128
25 years$6,162$4,697$3,534$2,629$1,938$982
26 years$5,862$4,414$3,278$2,404$1,746$855
27 years$5,584$4,154$3,044$2,201$1,574$745
28 years$5,327$3,915$2,829$2,016$1,420$650
29 years$5,088$3,693$2,633$1,849$1,282$567
30 years$4,865$3,488$2,453$1,697$1,159$495
31 years$4,657$3,297$2,286$1,558$1,047$432
32 years$4,463$3,120$2,133$1,432$948$377
33 years$4,280$2,954$1,992$1,317$858$329
34 years$4,109$2,800$1,861$1,212$776$288
35 years$3,948$2,656$1,740$1,115$703$251
36 years$3,796$2,521$1,628$1,027$637$220
37 years$3,653$2,394$1,523$947$577$192
38 years$3,517$2,275$1,427$872$524$168
39 years$3,389$2,164$1,337$804$475$147
40 years$3,268$2,058$1,253$742$431$128
41 years$3,152$1,959$1,175$685$391$112
42 years$3,043$1,866$1,102$632$354$98
43 years$2,939$1,778$1,034$583$322$86
44 years$2,840$1,695$971$538$292$75
45 years$2,745$1,616$911$497$265$66
46 years$2,655$1,542$856$459$241$57
47 years$2,569$1,471$804$424$219$50
48 years$2,487$1,405$756$392$198$44
49 years$2,409$1,341$710$362$180$38
50 years$2,333$1,281$668$335$164$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,390,000, adding $5,049 every year, while hoping to spend $56,690 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: 54/18/28 Blend
51$2,390,000$2,390,000$2,390,000$2,390,000
52$2,638,988$2,512,318$2,475,273$2,760,698
53$2,847,847$2,575,104$2,497,877$2,908,184
54$3,076,110$2,639,066$2,519,338$3,062,445
55$3,325,695$2,704,203$2,539,558$3,229,263
56$3,598,717$2,770,510$2,558,434$3,409,863
57$3,897,502$2,837,980$2,575,857$3,605,598
58$4,224,612$2,906,606$2,591,713$3,817,959
59$4,582,868$2,976,375$2,605,882$4,048,586
60$4,975,378$3,047,275$2,618,236$4,299,291
61$5,405,563$3,119,288$2,628,643$4,572,068
62$5,877,192$3,192,395$2,636,964$4,869,115
63$6,394,415$3,266,572$2,643,052$5,192,856
64$6,961,804$3,341,793$2,646,754$5,545,962
65$7,584,394$3,418,027$2,647,906$5,931,377
66$8,267,732$3,495,240$2,646,341$6,352,346
67$9,017,927$3,573,393$2,641,879$6,812,447
68$9,841,709$3,652,442$2,634,335$7,315,621
69$10,746,491$3,732,339$2,623,513$7,866,214
70$11,740,440$3,813,031$2,609,208$8,469,019
71$12,832,552$3,894,457$2,591,204$9,129,314
72$14,032,740$3,976,553$2,569,276$9,852,921
73$15,351,922$4,059,246$2,543,189$10,646,255
74$16,802,127$4,142,458$2,512,695$11,516,390
75$18,396,609$4,226,104$2,477,536$12,471,121
76$20,149,969$4,310,089$2,437,439$13,519,041
77$22,078,294$4,394,311$2,392,122$14,669,622
78$24,199,309$4,478,662$2,341,287$15,933,305
79$26,532,542$4,563,019$2,284,623$17,321,598
80$29,099,508$4,647,255$2,221,805$18,847,188
81$31,923,916$4,731,228$2,152,494$20,524,057
82$35,031,886$4,814,789$2,076,333$22,367,618
83$38,452,198$4,897,773$1,992,950$24,394,859
84$42,216,565$4,980,006$1,901,956$26,624,506
85$46,359,927$5,061,299$1,802,944$29,077,200
86$50,920,786$5,141,450$1,695,489$31,775,691
87$55,941,566$5,220,240$1,579,148$34,745,054
88$61,469,011$5,297,437$1,453,455$38,012,929
89$67,554,630$5,372,792$1,317,925$41,609,781
90$74,255,179$5,446,035$1,172,052$45,569,186
91$81,633,198$5,516,882$1,015,307$49,928,155
92$89,757,602$5,585,026$847,137$54,727,479
93$98,704,325$5,650,141$666,964$60,012,118
94$108,557,045$5,711,876$474,186$65,831,627
95$119,407,966$5,769,860$268,174$72,240,622
96$131,358,691$5,823,696$48,270$79,299,301
97$144,521,180$5,872,960$0$87,074,012
98$159,018,806$5,917,201$0$95,693,569
99$174,987,518$5,955,938$0$105,201,887
100$192,577,126$5,988,660$0$115,673,580