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%17.8%
1 years$201,493$199,698$197,947$196,238$194,569$188,416
2 years$99,749$97,891$96,091$94,345$92,652$86,509
3 years$65,839$63,973$62,177$60,448$58,782$52,842
4 years$48,887$47,027$45,249$43,549$41,924$36,231
5 years$38,719$36,870$35,115$33,450$31,870$26,441
6 years$31,942$30,107$28,378$26,750$25,218$20,056
7 years$27,103$25,284$23,582$21,993$20,509$15,615
8 years$23,476$21,673$20,000$18,449$17,014$12,384
9 years$20,656$18,870$17,226$15,715$14,328$9,957
10 years$18,402$16,633$15,018$13,546$12,208$8,090
11 years$16,558$14,807$13,221$11,789$10,500$6,626
12 years$15,023$13,290$11,734$10,341$9,099$5,462
13 years$13,725$12,011$10,483$9,129$7,934$4,525
14 years$12,614$10,917$9,419$8,104$6,955$3,764
15 years$11,651$9,973$8,504$7,227$6,124$3,142
16 years$10,810$9,150$7,710$6,471$5,412$2,630
17 years$10,069$8,427$7,016$5,814$4,799$2,207
18 years$9,410$7,787$6,405$5,240$4,267$1,855
19 years$8,822$7,217$5,863$4,735$3,803$1,561
20 years$8,293$6,706$5,381$4,288$3,397$1,316
21 years$7,815$6,247$4,950$3,892$3,040$1,111
22 years$7,381$5,831$4,562$3,539$2,725$938
23 years$6,985$5,454$4,212$3,223$2,446$793
24 years$6,623$5,110$3,895$2,939$2,199$671
25 years$6,291$4,795$3,608$2,684$1,978$568
26 years$5,984$4,507$3,346$2,454$1,782$481
27 years$5,701$4,241$3,107$2,247$1,607$407
28 years$5,438$3,997$2,889$2,058$1,450$345
29 years$5,194$3,770$2,688$1,888$1,309$292
30 years$4,967$3,561$2,504$1,732$1,183$248
31 years$4,754$3,366$2,334$1,591$1,069$210
32 years$4,556$3,185$2,178$1,462$967$178
33 years$4,370$3,016$2,033$1,345$875$151
34 years$4,195$2,859$1,900$1,237$793$128
35 years$4,030$2,711$1,776$1,139$718$109
36 years$3,875$2,573$1,662$1,049$650$92
37 years$3,729$2,444$1,555$966$590$78
38 years$3,591$2,323$1,457$891$534$67
39 years$3,460$2,209$1,365$821$485$56
40 years$3,336$2,102$1,279$758$440$48
41 years$3,218$2,000$1,199$699$399$41
42 years$3,106$1,905$1,125$645$362$35
43 years$3,000$1,815$1,056$595$328$29
44 years$2,899$1,730$991$550$298$25
45 years$2,803$1,650$930$508$271$21
46 years$2,711$1,574$874$469$246$18
47 years$2,623$1,502$821$433$223$15
48 years$2,539$1,434$772$400$203$13
49 years$2,459$1,369$725$370$184$11
50 years$2,382$1,308$682$342$167$9

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 $5,621 every year, while hoping to spend $49,765 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: 40/34/26 Blend
51$2,440,000$2,440,000$2,440,000$2,440,000
52$2,694,678$2,565,358$2,527,538$2,781,566
53$2,916,586$2,638,111$2,559,261$2,917,742
54$3,159,460$2,712,761$2,590,379$3,059,898
55$3,425,387$2,789,348$2,620,819$3,212,728
56$3,716,664$2,867,914$2,650,503$3,377,238
57$4,035,820$2,948,498$2,679,352$3,554,536
58$4,385,643$3,031,144$2,707,279$3,745,843
59$4,769,199$3,115,891$2,734,194$3,952,502
60$5,189,869$3,202,781$2,760,001$4,175,992
61$5,651,376$3,291,857$2,784,601$4,417,941
62$6,157,818$3,383,160$2,807,887$4,680,143
63$6,713,713$3,476,732$2,829,748$4,964,575
64$7,324,034$3,572,615$2,850,068$5,273,413
65$7,994,262$3,670,849$2,868,722$5,609,053
66$8,730,434$3,771,478$2,885,580$5,974,138
67$9,539,198$3,874,541$2,900,508$6,371,576
68$10,427,882$3,980,079$2,913,361$6,804,574
69$11,404,556$4,088,132$2,923,988$7,276,661
70$12,478,111$4,198,741$2,932,232$7,791,731
71$13,658,343$4,311,944$2,937,926$8,354,069
72$14,956,043$4,427,779$2,940,896$8,968,400
73$16,383,103$4,546,283$2,940,959$9,639,929
74$17,952,621$4,667,492$2,937,923$10,374,392
75$19,679,030$4,791,442$2,931,586$11,178,110
76$21,578,234$4,918,165$2,921,736$12,058,048
77$23,667,753$5,047,694$2,908,153$13,021,881
78$25,966,891$5,180,058$2,890,604$14,078,067
79$28,496,920$5,315,287$2,868,845$15,235,928
80$31,281,276$5,453,407$2,842,622$16,505,734
81$34,345,783$5,594,441$2,811,667$17,898,807
82$37,718,895$5,738,410$2,775,700$19,427,621
83$41,431,965$5,885,335$2,734,428$21,105,926
84$45,519,539$6,035,229$2,687,544$22,948,871
85$50,019,682$6,188,106$2,634,728$24,973,156
86$54,974,341$6,343,975$2,575,642$27,197,182
87$60,429,733$6,502,839$2,509,936$29,641,231
88$66,436,788$6,664,700$2,437,241$32,327,653
89$73,051,624$6,829,553$2,357,171$35,281,080
90$80,336,078$6,997,391$2,269,326$38,528,661
91$88,358,293$7,168,198$2,173,283$42,100,313
92$97,193,354$7,341,954$2,068,603$46,029,010
93$106,923,999$7,518,633$1,954,825$50,351,090
94$117,641,404$7,698,203$1,831,468$55,106,602
95$129,446,036$7,880,624$1,698,031$60,339,683
96$142,448,604$8,065,847$1,553,987$66,098,977
97$156,771,105$8,253,817$1,398,789$72,438,092
98$172,547,972$8,444,468$1,231,863$79,416,110
99$189,927,346$8,637,728$1,052,611$87,098,145
100$209,072,469$8,833,510$860,408$95,555,956