Can I retire at age 52 with 2,420,000?

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 $2,420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$199,841$198,061$196,325$194,629$192,974$188,616
2 years$98,931$97,089$95,303$93,572$91,892$87,525
3 years$65,299$63,449$61,667$59,952$58,300$54,060
4 years$48,486$46,641$44,878$43,192$41,580$37,499
5 years$38,401$36,567$34,827$33,176$31,609$27,699
6 years$31,680$29,860$28,146$26,531$25,011$21,277
7 years$26,881$25,076$23,389$21,813$20,341$16,782
8 years$23,283$21,495$19,836$18,298$16,874$13,491
9 years$20,487$18,715$17,085$15,586$14,211$10,999
10 years$18,251$16,497$14,895$13,435$12,108$9,065
11 years$16,423$14,686$13,113$11,693$10,413$7,535
12 years$14,900$13,181$11,638$10,256$9,024$6,306
13 years$13,613$11,912$10,397$9,055$7,869$5,306
14 years$12,510$10,828$9,342$8,038$6,898$4,485
15 years$11,556$9,891$8,435$7,168$6,074$3,805
16 years$10,722$9,075$7,647$6,418$5,368$3,237
17 years$9,986$8,358$6,959$5,767$4,760$2,762
18 years$9,333$7,723$6,352$5,197$4,232$2,361
19 years$8,749$7,158$5,815$4,696$3,772$2,023
20 years$8,225$6,651$5,337$4,253$3,369$1,735
21 years$7,751$6,195$4,909$3,860$3,015$1,490
22 years$7,320$5,783$4,524$3,510$2,703$1,282
23 years$6,928$5,409$4,177$3,196$2,426$1,103
24 years$6,569$5,068$3,863$2,915$2,181$950
25 years$6,239$4,756$3,578$2,662$1,962$819
26 years$5,935$4,470$3,319$2,434$1,767$707
27 years$5,654$4,207$3,082$2,228$1,594$610
28 years$5,394$3,964$2,865$2,041$1,438$526
29 years$5,152$3,739$2,666$1,872$1,298$455
30 years$4,926$3,531$2,483$1,718$1,173$393
31 years$4,716$3,338$2,315$1,578$1,061$340
32 years$4,519$3,159$2,160$1,450$959$294
33 years$4,334$2,991$2,017$1,334$868$254
34 years$4,160$2,835$1,884$1,227$786$219
35 years$3,997$2,689$1,762$1,129$712$190
36 years$3,844$2,552$1,648$1,040$645$164
37 years$3,698$2,424$1,543$958$585$142
38 years$3,561$2,304$1,445$883$530$123
39 years$3,432$2,191$1,353$815$481$106
40 years$3,309$2,084$1,269$751$436$92
41 years$3,192$1,984$1,190$693$396$80
42 years$3,081$1,890$1,116$640$359$69
43 years$2,976$1,800$1,047$591$326$60
44 years$2,875$1,716$983$545$296$52
45 years$2,780$1,636$923$504$268$45
46 years$2,689$1,561$867$465$244$39
47 years$2,602$1,490$814$430$221$34
48 years$2,518$1,422$765$397$201$29
49 years$2,439$1,358$719$367$183$25
50 years$2,363$1,297$676$339$166$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,420,000, adding $5,825 every year, while hoping to spend $57,838 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: 68/12/20 Blend
51$2,420,000$2,420,000$2,420,000$2,420,000
52$2,672,848$2,544,588$2,507,078$2,840,959
53$2,883,940$2,607,734$2,529,526$3,017,266
54$3,114,624$2,672,035$2,550,788$3,202,780
55$3,366,838$2,737,488$2,570,762$3,404,311
56$3,642,716$2,804,085$2,589,343$3,623,435
57$3,944,606$2,871,818$2,606,419$3,861,890
58$4,275,094$2,940,675$2,621,872$4,121,586
59$4,637,028$3,010,643$2,635,579$4,404,631
60$5,033,545$3,081,704$2,647,411$4,713,347
61$5,468,098$3,153,839$2,657,230$5,050,291
62$5,944,490$3,227,024$2,664,894$5,418,281
63$6,466,912$3,301,232$2,670,252$5,820,422
64$7,039,978$3,376,433$2,673,146$6,260,136
65$7,668,770$3,452,593$2,673,411$6,741,192
66$8,358,886$3,529,671$2,670,872$7,267,746
67$9,116,493$3,607,626$2,665,347$7,844,375
68$9,948,384$3,686,407$2,656,644$8,476,124
69$10,862,040$3,765,963$2,644,563$9,168,551
70$11,865,706$3,846,232$2,628,893$9,927,785
71$12,968,461$3,927,151$2,609,414$10,760,574
72$14,180,309$4,008,647$2,585,895$11,674,359
73$15,512,272$4,090,641$2,558,093$12,677,340
74$16,976,490$4,173,049$2,525,756$13,778,551
75$18,586,340$4,255,777$2,488,617$14,987,951
76$20,356,560$4,338,723$2,446,399$16,316,512
77$22,303,386$4,421,778$2,398,810$17,776,328
78$24,444,709$4,504,821$2,345,547$19,380,727
79$26,800,236$4,587,725$2,286,290$21,144,398
80$29,391,686$4,670,349$2,220,707$23,083,527
81$32,242,985$4,752,544$2,148,448$25,215,954
82$35,380,497$4,834,146$2,069,148$27,561,340
83$38,833,271$4,914,982$1,982,427$30,141,351
84$42,633,312$4,994,863$1,887,886$32,979,866
85$46,815,887$5,073,589$1,785,108$36,103,202
86$51,419,855$5,150,943$1,673,657$39,540,361
87$56,488,034$5,226,692$1,553,077$43,323,304
88$62,067,602$5,300,589$1,422,894$47,487,259
89$68,210,547$5,372,367$1,282,610$52,071,045
90$74,974,151$5,441,742$1,131,707$57,117,446
91$82,421,537$5,508,409$969,641$62,673,612
92$90,622,256$5,572,043$795,846$68,791,506
93$99,652,951$5,632,298$609,732$75,528,395
94$109,598,074$5,688,803$410,680$82,947,391
95$120,550,686$5,741,163$198,047$91,118,047
96$132,613,334$5,788,958$0$100,117,015
97$145,899,016$5,831,738$0$110,034,934
98$160,532,249$5,869,028$0$121,004,241
99$176,650,246$5,900,317$0$133,085,385
100$194,404,205$5,925,067$0$146,391,600