Can I retire at age 52 with 2,440,000?

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 $2,440,000?

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$201,493$199,698$197,947$196,238$194,569$191,110
2 years$99,749$97,891$96,091$94,345$92,652$89,179
3 years$65,839$63,973$62,177$60,448$58,782$55,403
4 years$48,887$47,027$45,249$43,549$41,924$38,665
5 years$38,719$36,870$35,115$33,450$31,870$28,740
6 years$31,942$30,107$28,378$26,750$25,218$22,221
7 years$27,103$25,284$23,582$21,993$20,509$17,646
8 years$23,476$21,673$20,000$18,449$17,014$14,284
9 years$20,656$18,870$17,226$15,715$14,328$11,730
10 years$18,402$16,633$15,018$13,546$12,208$9,740
11 years$16,558$14,807$13,221$11,789$10,500$8,157
12 years$15,023$13,290$11,734$10,341$9,099$6,880
13 years$13,725$12,011$10,483$9,129$7,934$5,835
14 years$12,614$10,917$9,419$8,104$6,955$4,972
15 years$11,651$9,973$8,504$7,227$6,124$4,254
16 years$10,810$9,150$7,710$6,471$5,412$3,650
17 years$10,069$8,427$7,016$5,814$4,799$3,141
18 years$9,410$7,787$6,405$5,240$4,267$2,709
19 years$8,822$7,217$5,863$4,735$3,803$2,341
20 years$8,293$6,706$5,381$4,288$3,397$2,027
21 years$7,815$6,247$4,950$3,892$3,040$1,757
22 years$7,381$5,831$4,562$3,539$2,725$1,525
23 years$6,985$5,454$4,212$3,223$2,446$1,325
24 years$6,623$5,110$3,895$2,939$2,199$1,152
25 years$6,291$4,795$3,608$2,684$1,978$1,003
26 years$5,984$4,507$3,346$2,454$1,782$873
27 years$5,701$4,241$3,107$2,247$1,607$761
28 years$5,438$3,997$2,889$2,058$1,450$663
29 years$5,194$3,770$2,688$1,888$1,309$579
30 years$4,967$3,561$2,504$1,732$1,183$505
31 years$4,754$3,366$2,334$1,591$1,069$441
32 years$4,556$3,185$2,178$1,462$967$385
33 years$4,370$3,016$2,033$1,345$875$336
34 years$4,195$2,859$1,900$1,237$793$294
35 years$4,030$2,711$1,776$1,139$718$256
36 years$3,875$2,573$1,662$1,049$650$224
37 years$3,729$2,444$1,555$966$590$196
38 years$3,591$2,323$1,457$891$534$171
39 years$3,460$2,209$1,365$821$485$150
40 years$3,336$2,102$1,279$758$440$131
41 years$3,218$2,000$1,199$699$399$114
42 years$3,106$1,905$1,125$645$362$100
43 years$3,000$1,815$1,056$595$328$88
44 years$2,899$1,730$991$550$298$77
45 years$2,803$1,650$930$508$271$67
46 years$2,711$1,574$874$469$246$59
47 years$2,623$1,502$821$433$223$51
48 years$2,539$1,434$772$400$203$45
49 years$2,459$1,369$725$370$184$39
50 years$2,382$1,308$682$342$167$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,440,000, adding $5,040 every year, while hoping to spend $54,752 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: 53/40/7 Blend
51$2,440,000$2,440,000$2,440,000$2,440,000
52$2,694,079$2,564,759$2,526,939$2,832,093
53$2,910,619$2,632,176$2,553,336$2,993,586
54$3,147,411$2,701,062$2,578,781$3,162,772
55$3,406,464$2,771,431$2,603,187$3,345,510
56$3,689,987$2,843,295$2,626,458$3,543,091
57$4,000,416$2,916,666$2,648,494$3,756,934
58$4,340,431$2,991,555$2,669,191$3,988,601
59$4,712,984$3,067,971$2,688,439$4,239,814
60$5,121,328$3,145,921$2,706,120$4,512,467
61$5,569,042$3,225,410$2,722,115$4,808,643
62$6,060,072$3,306,443$2,736,293$5,130,639
63$6,598,761$3,389,020$2,748,520$5,480,984
64$7,189,894$3,473,141$2,758,655$5,862,462
65$7,838,741$3,558,803$2,766,548$6,278,139
66$8,551,108$3,646,000$2,772,043$6,731,392
67$9,333,391$3,734,723$2,774,976$7,225,941
68$10,192,633$3,824,961$2,775,174$7,765,884
69$11,136,596$3,916,699$2,772,457$8,355,733
70$12,173,830$4,009,918$2,766,635$9,000,462
71$13,313,751$4,104,595$2,757,508$9,705,548
72$14,566,739$4,200,704$2,744,869$10,477,024
73$15,944,222$4,298,215$2,728,499$11,321,540
74$17,458,797$4,397,092$2,708,168$12,246,420
75$19,124,339$4,497,294$2,683,636$13,259,734
76$20,956,135$4,598,775$2,654,652$14,370,373
77$22,971,030$4,701,485$2,620,951$15,588,136
78$25,187,582$4,805,364$2,582,260$16,923,817
79$27,626,237$4,910,348$2,538,287$18,389,311
80$30,309,524$5,016,367$2,488,731$19,997,725
81$33,262,268$5,123,341$2,433,276$21,763,501
82$36,511,818$5,231,183$2,371,589$23,702,554
83$40,088,312$5,339,799$2,303,326$25,832,420
84$44,024,955$5,449,085$2,228,122$28,172,425
85$48,358,336$5,558,926$2,145,600$30,743,863
86$53,128,771$5,669,198$2,055,363$33,570,202
87$58,380,684$5,779,767$1,956,996$36,677,301
88$64,163,025$5,890,487$1,850,066$40,093,658
89$70,529,731$6,001,198$1,734,121$43,850,675
90$77,540,236$6,111,730$1,608,687$47,982,962
91$85,260,032$6,221,896$1,473,270$52,528,654
92$93,761,284$6,331,498$1,327,353$57,529,781
93$103,123,513$6,440,319$1,170,397$63,032,658
94$113,434,344$6,548,127$1,001,838$69,088,327
95$124,790,335$6,654,674$821,088$75,753,035
96$137,297,887$6,759,690$627,531$83,088,770
97$151,074,245$6,862,888$420,527$91,163,846
98$166,248,609$6,963,961$199,406$100,053,544
99$182,963,349$7,062,577$0$109,840,828
100$201,375,350$7,158,383$0$120,619,861