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

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 $2,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$198,190$196,424$194,702$193,021$191,379$188,442
2 years$98,114$96,286$94,516$92,799$91,133$88,180
3 years$64,759$62,924$61,158$59,457$57,819$54,943
4 years$48,086$46,256$44,507$42,835$41,237$38,460
5 years$38,084$36,265$34,539$32,902$31,347$28,678
6 years$31,418$29,613$27,913$26,312$24,804$22,245
7 years$26,659$24,869$23,196$21,632$20,172$17,725
8 years$23,091$21,318$19,672$18,147$16,735$14,398
9 years$20,318$18,561$16,943$15,457$14,093$11,866
10 years$18,100$16,360$14,772$13,324$12,008$9,888
11 years$16,287$14,565$13,005$11,596$10,327$8,313
12 years$14,777$13,072$11,541$10,171$8,950$7,038
13 years$13,500$11,814$10,311$8,980$7,804$5,993
14 years$12,407$10,738$9,265$7,971$6,841$5,128
15 years$11,460$9,810$8,365$7,109$6,023$4,405
16 years$10,633$9,000$7,584$6,365$5,324$3,796
17 years$9,904$8,289$6,901$5,719$4,720$3,280
18 years$9,256$7,659$6,300$5,154$4,197$2,842
19 years$8,677$7,099$5,767$4,657$3,741$2,466
20 years$8,157$6,596$5,293$4,218$3,341$2,145
21 years$7,687$6,144$4,868$3,828$2,990$1,867
22 years$7,260$5,735$4,487$3,481$2,680$1,628
23 years$6,871$5,364$4,143$3,170$2,406$1,421
24 years$6,515$5,026$3,832$2,891$2,163$1,242
25 years$6,188$4,717$3,549$2,640$1,946$1,086
26 years$5,886$4,433$3,291$2,414$1,753$950
27 years$5,607$4,172$3,056$2,210$1,580$832
28 years$5,349$3,931$2,841$2,025$1,426$729
29 years$5,109$3,708$2,644$1,857$1,288$639
30 years$4,885$3,502$2,463$1,704$1,163$560
31 years$4,677$3,311$2,296$1,565$1,052$491
32 years$4,481$3,133$2,142$1,438$951$431
33 years$4,298$2,967$2,000$1,323$861$379
34 years$4,126$2,812$1,869$1,217$780$332
35 years$3,964$2,667$1,747$1,120$706$292
36 years$3,812$2,531$1,634$1,032$640$256
37 years$3,668$2,404$1,530$951$580$225
38 years$3,532$2,285$1,433$876$526$198
39 years$3,403$2,173$1,342$808$477$174
40 years$3,281$2,067$1,258$745$432$153
41 years$3,165$1,968$1,180$687$392$134
42 years$3,056$1,874$1,107$634$356$118
43 years$2,951$1,785$1,038$586$323$104
44 years$2,852$1,702$975$541$293$91
45 years$2,757$1,623$915$499$266$80
46 years$2,666$1,548$860$461$242$70
47 years$2,580$1,477$808$426$219$62
48 years$2,498$1,410$759$394$199$54
49 years$2,419$1,347$713$364$181$48
50 years$2,343$1,287$671$336$164$42

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 $4,924 every year, while hoping to spend $24,972 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: 65/20/15 Blend
51$2,400,000$2,400,000$2,400,000$2,400,000
52$2,649,879$2,522,679$2,485,479$2,812,266
53$2,893,597$2,619,720$2,542,173$3,018,556
54$3,161,337$2,720,680$2,599,928$3,240,541
55$3,455,523$2,825,723$2,658,756$3,482,495
56$3,778,825$2,935,022$2,718,663$3,746,367
57$4,134,186$3,048,759$2,779,659$4,034,304
58$4,524,846$3,167,121$2,841,751$4,348,669
59$4,954,376$3,290,306$2,904,945$4,692,061
60$5,426,710$3,418,519$2,969,249$5,067,344
61$5,946,182$3,551,974$3,034,666$5,477,666
62$6,517,568$3,690,896$3,101,203$5,926,497
63$7,146,129$3,835,518$3,168,862$6,417,656
64$7,837,661$3,986,086$3,237,646$6,955,346
65$8,598,553$4,142,855$3,307,557$7,544,196
66$9,435,841$4,306,090$3,378,596$8,189,304
67$10,357,280$4,476,072$3,450,762$8,896,282
68$11,371,414$4,653,091$3,524,054$9,671,311
69$12,487,657$4,837,451$3,598,469$10,521,199
70$13,716,382$5,029,470$3,674,001$11,453,441
71$15,069,018$5,229,479$3,750,646$12,476,294
72$16,558,161$5,437,827$3,828,396$13,598,850
73$18,197,688$5,654,875$3,907,241$14,831,125
74$20,002,891$5,881,002$3,987,172$16,184,150
75$21,990,618$6,116,604$4,068,175$17,670,077
76$24,179,438$6,362,094$4,150,236$19,302,288
77$26,589,810$6,617,906$4,233,338$21,095,528
78$29,244,277$6,884,490$4,317,461$23,066,037
79$32,167,683$7,162,320$4,402,586$25,231,705
80$35,387,402$7,451,889$4,488,688$27,612,241
81$38,933,599$7,753,713$4,575,741$30,229,357
82$42,839,513$8,068,332$4,663,715$33,106,970
83$47,141,773$8,396,310$4,752,579$36,271,432
84$51,880,741$8,738,236$4,842,298$39,751,772
85$57,100,895$9,094,728$4,932,833$43,579,973
86$62,851,247$9,466,431$5,024,144$47,791,272
87$69,185,806$9,854,017$5,116,184$52,424,489
88$76,164,087$10,258,193$5,208,905$57,522,397
89$83,851,675$10,679,695$5,302,254$63,132,120
90$92,320,840$11,119,295$5,396,174$69,305,579
91$101,651,224$11,577,798$5,490,604$76,099,979
92$111,930,587$12,056,049$5,585,477$83,578,352
93$123,255,639$12,554,928$5,680,724$91,810,145
94$135,732,953$13,075,358$5,776,267$100,871,878
95$149,479,969$13,618,304$5,872,025$110,847,862
96$164,626,100$14,184,776$5,967,913$121,830,997
97$181,313,961$14,775,829$6,063,837$133,923,643
98$199,700,708$15,392,567$6,159,699$147,238,588
99$219,959,524$16,036,147$6,255,392$161,900,110
100$242,281,254$16,707,776$6,350,806$178,045,147