Can I retire at age 52 with 2,400,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$198,190$196,424$194,702$193,021$191,379$184,296
2 years$98,114$96,286$94,516$92,799$91,133$84,077
3 years$64,759$62,924$61,158$59,457$57,819$51,011
4 years$48,086$46,256$44,507$42,835$41,237$34,730
5 years$38,084$36,265$34,539$32,902$31,347$25,159
6 years$31,418$29,613$27,913$26,312$24,804$18,937
7 years$26,659$24,869$23,196$21,632$20,172$14,626
8 years$23,091$21,318$19,672$18,147$16,735$11,504
9 years$20,318$18,561$16,943$15,457$14,093$9,171
10 years$18,100$16,360$14,772$13,324$12,008$7,386
11 years$16,287$14,565$13,005$11,596$10,327$5,994
12 years$14,777$13,072$11,541$10,171$8,950$4,895
13 years$13,500$11,814$10,311$8,980$7,804$4,017
14 years$12,407$10,738$9,265$7,971$6,841$3,310
15 years$11,460$9,810$8,365$7,109$6,023$2,735
16 years$10,633$9,000$7,584$6,365$5,324$2,267
17 years$9,904$8,289$6,901$5,719$4,720$1,882
18 years$9,256$7,659$6,300$5,154$4,197$1,565
19 years$8,677$7,099$5,767$4,657$3,741$1,304
20 years$8,157$6,596$5,293$4,218$3,341$1,088
21 years$7,687$6,144$4,868$3,828$2,990$908
22 years$7,260$5,735$4,487$3,481$2,680$758
23 years$6,871$5,364$4,143$3,170$2,406$634
24 years$6,515$5,026$3,832$2,891$2,163$530
25 years$6,188$4,717$3,549$2,640$1,946$444
26 years$5,886$4,433$3,291$2,414$1,753$372
27 years$5,607$4,172$3,056$2,210$1,580$311
28 years$5,349$3,931$2,841$2,025$1,426$261
29 years$5,109$3,708$2,644$1,857$1,288$219
30 years$4,885$3,502$2,463$1,704$1,163$183
31 years$4,677$3,311$2,296$1,565$1,052$154
32 years$4,481$3,133$2,142$1,438$951$129
33 years$4,298$2,967$2,000$1,323$861$108
34 years$4,126$2,812$1,869$1,217$780$90
35 years$3,964$2,667$1,747$1,120$706$76
36 years$3,812$2,531$1,634$1,032$640$64
37 years$3,668$2,404$1,530$951$580$53
38 years$3,532$2,285$1,433$876$526$45
39 years$3,403$2,173$1,342$808$477$38
40 years$3,281$2,067$1,258$745$432$31
41 years$3,165$1,968$1,180$687$392$26
42 years$3,056$1,874$1,107$634$356$22
43 years$2,951$1,785$1,038$586$323$19
44 years$2,852$1,702$975$541$293$16
45 years$2,757$1,623$915$499$266$13
46 years$2,666$1,548$860$461$242$11
47 years$2,580$1,477$808$426$219$9
48 years$2,498$1,410$759$394$199$8
49 years$2,419$1,347$713$364$181$6
50 years$2,343$1,287$671$336$164$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,400,000, adding $5,064 every year, while hoping to spend $21,995 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: 58/29/13 Blend
51$2,400,000$2,400,000$2,400,000$2,400,000
52$2,650,024$2,522,824$2,485,624$2,794,807
53$2,896,923$2,623,039$2,545,489$2,993,371
54$3,168,270$2,727,429$2,606,624$3,206,832
55$3,466,533$2,836,173$2,669,045$3,438,996
56$3,794,435$2,949,461$2,732,774$3,691,665
57$4,154,974$3,067,491$2,797,828$3,966,816
58$4,551,454$3,190,470$2,864,228$4,266,627
59$4,987,513$3,318,614$2,931,990$4,593,493
60$5,467,162$3,452,149$3,001,135$4,950,047
61$5,994,820$3,591,311$3,071,680$5,339,189
62$6,575,354$3,736,348$3,143,644$5,764,107
63$7,214,128$3,887,517$3,217,044$6,228,310
64$7,917,052$4,045,088$3,291,898$6,735,661
65$8,690,637$4,209,343$3,368,222$7,290,409
66$9,542,059$4,380,578$3,446,034$7,897,232
67$10,479,222$4,559,099$3,525,349$8,561,279
68$11,510,837$4,745,230$3,606,183$9,288,218
69$12,646,504$4,939,307$3,688,552$10,084,289
70$13,896,798$5,141,684$3,772,469$10,956,361
71$15,273,372$5,352,727$3,857,948$11,911,995
72$16,789,069$5,572,824$3,945,002$12,959,520
73$18,458,039$5,802,377$4,033,644$14,108,104
74$20,295,872$6,041,807$4,123,884$15,367,841
75$22,319,751$6,291,555$4,215,734$16,749,849
76$24,548,606$6,552,082$4,309,202$18,266,371
77$27,003,301$6,823,871$4,404,297$19,930,888
78$29,706,822$7,107,425$4,501,026$21,758,247
79$32,684,502$7,403,273$4,599,394$23,764,802
80$35,964,255$7,711,967$4,699,407$25,968,561
81$39,576,838$8,034,083$4,801,067$28,389,363
82$43,556,149$8,370,226$4,904,376$31,049,054
83$47,939,537$8,721,028$5,009,334$33,971,700
84$52,768,162$9,087,151$5,115,939$37,183,810
85$58,087,379$9,469,285$5,224,186$40,714,583
86$63,947,166$9,868,155$5,334,072$44,596,183
87$70,402,601$10,284,518$5,445,587$48,864,043
88$77,514,374$10,719,167$5,558,721$53,557,193
89$85,349,365$11,172,931$5,673,464$58,718,631
90$93,981,274$11,646,678$5,789,798$64,395,726
91$103,491,315$12,141,317$5,907,707$70,640,659
92$113,968,984$12,657,797$6,027,171$77,510,922
93$125,512,905$13,197,113$6,148,166$85,069,848
94$138,231,757$13,760,307$6,270,665$93,387,215
95$152,245,303$14,348,469$6,394,639$102,539,899
96$167,685,518$14,962,739$6,520,054$112,612,595
97$184,697,838$15,604,310$6,646,873$123,698,618
98$203,442,530$16,274,433$6,775,055$135,900,779
99$224,096,203$16,974,415$6,904,554$149,332,353
100$246,853,481$17,705,627$7,035,322$164,118,144