Can I retire at age 52 with 2,460,000?

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 $2,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$203,145$201,335$199,570$197,846$196,164$192,203
2 years$100,567$98,694$96,878$95,118$93,411$89,438
3 years$66,378$64,497$62,687$60,943$59,264$55,403
4 years$49,288$47,412$45,620$43,906$42,268$38,548
5 years$39,036$37,172$35,403$33,724$32,131$28,563
6 years$32,204$30,354$28,611$26,970$25,424$22,012
7 years$27,325$25,491$23,776$22,173$20,677$17,421
8 years$23,668$21,850$20,164$18,600$17,153$14,053
9 years$20,825$19,025$17,367$15,843$14,446$11,499
10 years$18,552$16,769$15,141$13,657$12,308$9,513
11 years$16,694$14,929$13,330$11,886$10,586$7,937
12 years$15,146$13,399$11,830$10,426$9,173$6,668
13 years$13,838$12,109$10,569$9,204$7,999$5,633
14 years$12,717$11,007$9,496$8,170$7,012$4,781
15 years$11,747$10,055$8,574$7,287$6,174$4,073
16 years$10,899$9,225$7,774$6,524$5,457$3,480
17 years$10,151$8,496$7,074$5,862$4,838$2,982
18 years$9,487$7,851$6,457$5,283$4,302$2,561
19 years$8,894$7,276$5,911$4,774$3,834$2,203
20 years$8,361$6,761$5,425$4,323$3,425$1,899
21 years$7,879$6,298$4,990$3,924$3,065$1,638
22 years$7,441$5,879$4,599$3,568$2,747$1,415
23 years$7,043$5,498$4,247$3,249$2,466$1,224
24 years$6,678$5,152$3,927$2,963$2,217$1,059
25 years$6,342$4,834$3,637$2,706$1,995$918
26 years$6,033$4,544$3,374$2,474$1,797$795
27 years$5,748$4,276$3,133$2,265$1,620$690
28 years$5,483$4,029$2,912$2,075$1,462$598
29 years$5,237$3,801$2,710$1,903$1,320$519
30 years$5,007$3,590$2,524$1,746$1,193$451
31 years$4,793$3,394$2,353$1,604$1,078$392
32 years$4,593$3,211$2,196$1,474$975$340
33 years$4,405$3,041$2,050$1,356$883$296
34 years$4,229$2,882$1,916$1,247$799$257
35 years$4,063$2,734$1,791$1,148$724$223
36 years$3,907$2,595$1,675$1,057$656$194
37 years$3,760$2,464$1,568$974$594$169
38 years$3,620$2,342$1,468$898$539$147
39 years$3,488$2,227$1,376$828$489$128
40 years$3,363$2,119$1,290$764$443$111
41 years$3,245$2,017$1,209$705$402$97
42 years$3,132$1,921$1,134$650$365$84
43 years$3,025$1,830$1,064$600$331$73
44 years$2,923$1,744$999$554$301$64
45 years$2,826$1,664$938$512$273$55
46 years$2,733$1,587$881$473$248$48
47 years$2,645$1,514$828$437$225$42
48 years$2,560$1,446$778$404$204$36
49 years$2,479$1,381$731$373$186$32
50 years$2,402$1,319$687$345$169$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,460,000, adding $5,119 every year, while hoping to spend $34,048 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: 33/41/26 Blend
51$2,460,000$2,460,000$2,460,000$2,460,000
52$2,716,200$2,585,820$2,547,690$2,784,169
53$2,957,026$2,676,299$2,596,811$2,926,453
54$3,221,275$2,770,069$2,646,436$3,076,286
55$3,511,300$2,867,258$2,696,547$3,237,095
56$3,829,693$2,967,994$2,747,122$3,409,873
57$4,179,310$3,072,414$2,798,139$3,595,712
58$4,563,296$3,180,659$2,849,573$3,795,809
59$4,985,116$3,292,875$2,901,398$4,011,480
60$5,448,587$3,409,215$2,953,584$4,244,172
61$5,957,915$3,529,839$3,006,101$4,495,473
62$6,517,731$3,654,910$3,058,914$4,767,130
63$7,133,140$3,784,601$3,111,988$5,061,065
64$7,809,765$3,919,091$3,165,284$5,379,387
65$8,553,801$4,058,566$3,218,761$5,724,420
66$9,372,072$4,203,219$3,272,373$6,098,716
67$10,272,099$4,353,253$3,326,073$6,505,084
68$11,262,167$4,508,876$3,379,811$6,946,614
69$12,351,406$4,670,308$3,433,532$7,426,706
70$13,549,872$4,837,776$3,487,178$7,949,099
71$14,868,648$5,011,517$3,540,688$8,517,908
72$16,319,945$5,191,776$3,593,996$9,137,664
73$17,917,218$5,378,811$3,647,033$9,813,350
74$19,675,290$5,572,889$3,699,724$10,550,453
75$21,610,497$5,774,288$3,751,993$11,355,012
76$23,740,838$5,983,298$3,803,754$12,233,674
77$26,086,144$6,200,220$3,854,921$13,193,759
78$28,668,270$6,425,370$3,905,399$14,243,323
79$31,511,294$6,659,074$3,955,091$15,391,239
80$34,641,751$6,901,674$4,003,892$16,647,273
81$38,088,878$7,153,524$4,051,691$18,022,183
82$41,884,893$7,414,996$4,098,371$19,527,811
83$46,065,296$7,686,475$4,143,811$21,177,202
84$50,669,207$7,968,363$4,187,879$22,984,720
85$55,739,732$8,261,079$4,230,439$24,966,184
86$61,324,372$8,565,059$4,271,346$27,139,018
87$67,475,470$8,880,759$4,310,448$29,522,411
88$74,250,704$9,208,652$4,347,585$32,137,499
89$81,713,633$9,549,233$4,382,586$35,007,565
90$89,934,296$9,903,018$4,415,275$38,158,252
91$98,989,871$10,270,543$4,445,464$41,617,808
92$108,965,407$10,652,368$4,472,956$45,417,350
93$119,954,622$11,049,078$4,497,543$49,591,154
94$132,060,792$11,461,281$4,519,009$54,176,983
95$145,397,721$11,889,612$4,537,124$59,216,434
96$160,090,819$12,334,734$4,551,648$64,755,333
97$176,278,283$12,797,336$4,562,329$70,844,166
98$194,112,401$13,278,138$4,568,900$77,538,555
99$213,760,991$13,777,893$4,571,084$84,899,776
100$235,408,986$14,297,383$4,568,588$92,995,339