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%19.6%
1 years$199,841$198,061$196,325$194,629$192,974$185,538
2 years$98,931$97,089$95,303$93,572$91,892$84,489
3 years$65,299$63,449$61,667$59,952$58,300$51,163
4 years$48,486$46,641$44,878$43,192$41,580$34,763
5 years$38,401$36,567$34,827$33,176$31,609$25,129
6 years$31,680$29,860$28,146$26,531$25,011$18,874
7 years$26,881$25,076$23,389$21,813$20,341$14,544
8 years$23,283$21,495$19,836$18,298$16,874$11,412
9 years$20,487$18,715$17,085$15,586$14,211$9,075
10 years$18,251$16,497$14,895$13,435$12,108$7,290
11 years$16,423$14,686$13,113$11,693$10,413$5,901
12 years$14,900$13,181$11,638$10,256$9,024$4,806
13 years$13,613$11,912$10,397$9,055$7,869$3,934
14 years$12,510$10,828$9,342$8,038$6,898$3,232
15 years$11,556$9,891$8,435$7,168$6,074$2,663
16 years$10,722$9,075$7,647$6,418$5,368$2,200
17 years$9,986$8,358$6,959$5,767$4,760$1,822
18 years$9,333$7,723$6,352$5,197$4,232$1,511
19 years$8,749$7,158$5,815$4,696$3,772$1,255
20 years$8,225$6,651$5,337$4,253$3,369$1,043
21 years$7,751$6,195$4,909$3,860$3,015$868
22 years$7,320$5,783$4,524$3,510$2,703$723
23 years$6,928$5,409$4,177$3,196$2,426$603
24 years$6,569$5,068$3,863$2,915$2,181$502
25 years$6,239$4,756$3,578$2,662$1,962$419
26 years$5,935$4,470$3,319$2,434$1,767$350
27 years$5,654$4,207$3,082$2,228$1,594$292
28 years$5,394$3,964$2,865$2,041$1,438$244
29 years$5,152$3,739$2,666$1,872$1,298$204
30 years$4,926$3,531$2,483$1,718$1,173$170
31 years$4,716$3,338$2,315$1,578$1,061$142
32 years$4,519$3,159$2,160$1,450$959$119
33 years$4,334$2,991$2,017$1,334$868$99
34 years$4,160$2,835$1,884$1,227$786$83
35 years$3,997$2,689$1,762$1,129$712$69
36 years$3,844$2,552$1,648$1,040$645$58
37 years$3,698$2,424$1,543$958$585$48
38 years$3,561$2,304$1,445$883$530$40
39 years$3,432$2,191$1,353$815$481$34
40 years$3,309$2,084$1,269$751$436$28
41 years$3,192$1,984$1,190$693$396$24
42 years$3,081$1,890$1,116$640$359$20
43 years$2,976$1,800$1,047$591$326$17
44 years$2,875$1,716$983$545$296$14
45 years$2,780$1,636$923$504$268$12
46 years$2,689$1,561$867$465$244$10
47 years$2,602$1,490$814$430$221$8
48 years$2,518$1,422$765$397$201$7
49 years$2,439$1,358$719$367$183$6
50 years$2,363$1,297$676$339$166$5

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 $3,047 every year, while hoping to spend $34,418 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: 41/43/16 Blend
51$2,420,000$2,420,000$2,420,000$2,420,000
52$2,669,983$2,541,723$2,504,213$2,766,729
53$2,905,701$2,629,647$2,551,484$2,923,421
54$3,164,308$2,720,726$2,599,184$3,089,315
55$3,448,104$2,815,077$2,647,293$3,268,135
56$3,759,619$2,912,825$2,695,786$3,461,077
57$4,101,643$3,014,096$2,744,638$3,669,455
58$4,477,247$3,119,023$2,793,820$3,894,712
59$4,889,816$3,227,745$2,843,303$4,138,435
60$5,343,078$3,340,405$2,893,053$4,402,367
61$5,841,139$3,457,152$2,943,038$4,688,425
62$6,388,524$3,578,141$2,993,218$4,998,717
63$6,990,217$3,703,534$3,043,555$5,335,563
64$7,651,709$3,833,497$3,094,004$5,701,511
65$8,379,052$3,968,207$3,144,522$6,099,367
66$9,178,910$4,107,844$3,195,058$6,532,215
67$10,058,627$4,252,596$3,245,560$7,003,451
68$11,026,294$4,402,661$3,295,974$7,516,810
69$12,090,826$4,558,242$3,346,240$8,076,403
70$13,262,047$4,719,551$3,396,294$8,686,752
71$14,550,777$4,886,811$3,446,072$9,352,836
72$15,968,941$5,060,250$3,495,501$10,080,136
73$17,529,679$5,240,108$3,544,506$10,874,682
74$19,247,468$5,426,635$3,593,008$11,743,117
75$21,138,258$5,620,088$3,640,922$12,692,749
76$23,219,627$5,820,739$3,688,159$13,731,627
77$25,510,941$6,028,867$3,734,625$14,868,613
78$28,033,541$6,244,766$3,780,219$16,113,465
79$30,810,941$6,468,738$3,824,835$17,476,926
80$33,869,053$6,701,102$3,868,363$18,970,828
81$37,236,426$6,942,186$3,910,683$20,608,201
82$40,944,523$7,192,335$3,951,673$22,403,394
83$45,028,011$7,451,905$3,991,200$24,372,209
84$49,525,089$7,721,270$4,029,126$26,532,052
85$54,477,852$8,000,816$4,065,306$28,902,093
86$59,932,685$8,290,948$4,099,585$31,503,446
87$65,940,700$8,592,086$4,131,803$34,359,369
88$72,558,222$8,904,669$4,161,789$37,495,479
89$79,847,316$9,229,153$4,189,364$40,939,995
90$87,876,374$9,566,013$4,214,340$44,724,002
91$96,720,762$9,915,745$4,236,518$48,881,743
92$106,463,529$10,278,866$4,255,691$53,450,939
93$117,196,192$10,655,913$4,271,639$58,473,146
94$129,019,597$11,047,447$4,284,133$63,994,144
95$142,044,876$11,454,052$4,292,931$70,064,369
96$156,394,490$11,876,337$4,297,781$76,739,383
97$172,203,387$12,314,937$4,298,416$84,080,402
98$189,620,276$12,770,512$4,294,556$92,154,867
99$208,809,031$13,243,754$4,285,910$101,037,084
100$229,950,234$13,735,380$4,272,170$110,808,916