Can I retire at age 52 with 2,470,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$203,970$202,153$200,381$198,651$196,961$191,347
2 years$100,975$99,095$97,272$95,505$93,791$88,178
3 years$66,648$64,760$62,942$61,191$59,505$54,070
4 years$49,488$47,605$45,805$44,085$42,439$37,223
5 years$39,195$37,323$35,547$33,861$32,262$27,279
6 years$32,335$30,477$28,727$27,079$25,528$20,783
7 years$27,436$25,595$23,872$22,263$20,761$16,254
8 years$23,765$21,939$20,246$18,676$17,223$12,952
9 years$20,910$19,102$17,438$15,908$14,504$10,465
10 years$18,628$16,838$15,202$13,713$12,358$8,545
11 years$16,762$14,989$13,384$11,934$10,629$7,035
12 years$15,208$13,454$11,878$10,468$9,211$5,829
13 years$13,894$12,158$10,612$9,242$8,032$4,856
14 years$12,769$11,052$9,535$8,204$7,041$4,062
15 years$11,795$10,096$8,609$7,316$6,199$3,410
16 years$10,943$9,263$7,805$6,551$5,479$2,871
17 years$10,192$8,531$7,102$5,886$4,858$2,423
18 years$9,526$7,883$6,484$5,304$4,319$2,049
19 years$8,930$7,306$5,935$4,793$3,850$1,735
20 years$8,395$6,789$5,447$4,341$3,439$1,472
21 years$7,911$6,323$5,010$3,940$3,077$1,250
22 years$7,472$5,903$4,618$3,582$2,758$1,062
23 years$7,071$5,521$4,264$3,262$2,476$903
24 years$6,705$5,172$3,943$2,975$2,226$769
25 years$6,368$4,854$3,652$2,717$2,003$655
26 years$6,058$4,562$3,387$2,485$1,804$558
27 years$5,771$4,293$3,145$2,274$1,626$476
28 years$5,505$4,046$2,924$2,084$1,468$406
29 years$5,258$3,817$2,721$1,911$1,325$346
30 years$5,028$3,604$2,535$1,754$1,197$296
31 years$4,813$3,407$2,363$1,611$1,083$252
32 years$4,612$3,224$2,205$1,480$979$215
33 years$4,423$3,053$2,058$1,361$886$184
34 years$4,246$2,894$1,923$1,252$802$157
35 years$4,080$2,745$1,798$1,153$727$134
36 years$3,923$2,605$1,682$1,062$658$115
37 years$3,775$2,474$1,574$978$597$98
38 years$3,635$2,351$1,474$902$541$84
39 years$3,502$2,236$1,381$831$491$71
40 years$3,377$2,127$1,295$767$445$61
41 years$3,258$2,025$1,214$707$404$52
42 years$3,145$1,929$1,139$653$366$45
43 years$3,037$1,838$1,069$603$332$38
44 years$2,935$1,752$1,003$557$302$33
45 years$2,837$1,670$942$514$274$28
46 years$2,744$1,593$885$475$249$24
47 years$2,655$1,521$831$439$226$20
48 years$2,570$1,452$781$405$205$17
49 years$2,489$1,386$734$375$186$15
50 years$2,412$1,324$690$346$169$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,470,000, adding $2,786 every year, while hoping to spend $29,440 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: 51/20/29 Blend
51$2,470,000$2,470,000$2,470,000$2,470,000
52$2,724,814$2,593,904$2,555,619$2,841,353
53$2,971,421$2,689,681$2,609,908$3,018,762
54$3,242,195$2,789,165$2,665,029$3,208,406
55$3,539,571$2,892,506$2,720,979$3,414,060
56$3,866,229$2,999,860$2,777,754$3,637,262
57$4,225,123$3,111,392$2,835,348$3,879,706
58$4,619,507$3,227,272$2,893,753$4,143,255
59$5,052,966$3,347,678$2,952,964$4,429,957
60$5,529,450$3,472,795$3,012,969$4,742,070
61$6,053,309$3,602,817$3,073,759$5,082,075
62$6,629,337$3,737,946$3,135,320$5,452,706
63$7,262,815$3,878,391$3,197,640$5,856,970
64$7,959,563$4,024,373$3,260,701$6,298,180
65$8,725,992$4,176,120$3,324,487$6,779,982
66$9,569,164$4,333,871$3,388,979$7,306,389
67$10,496,863$4,497,876$3,454,154$7,881,822
68$11,517,665$4,668,393$3,519,990$8,511,149
69$12,641,017$4,845,694$3,586,460$9,199,727
70$13,877,330$5,030,063$3,653,536$9,953,460
71$15,238,075$5,221,794$3,721,187$10,778,847
72$16,735,892$5,421,195$3,789,380$11,683,046
73$18,384,708$5,628,588$3,858,079$12,673,942
74$20,199,868$5,844,309$3,927,245$13,760,218
75$22,198,282$6,068,708$3,996,835$14,951,438
76$24,398,582$6,302,150$4,066,804$16,258,137
77$26,821,299$6,545,017$4,137,104$17,691,920
78$29,489,057$6,797,707$4,207,681$19,265,569
79$32,426,782$7,060,637$4,278,481$20,993,165
80$35,661,946$7,334,240$4,349,442$22,890,221
81$39,224,818$7,618,971$4,420,501$24,973,822
82$43,148,750$7,915,301$4,491,589$27,262,795
83$47,470,498$8,223,727$4,562,633$29,777,878
84$52,230,563$8,544,763$4,633,555$32,541,919
85$57,473,574$8,878,950$4,704,272$35,580,088
86$63,248,709$9,226,850$4,774,696$38,920,116
87$69,610,163$9,589,051$4,844,734$42,592,558
88$76,617,653$9,966,167$4,914,286$46,631,075
89$84,336,985$10,358,841$4,983,246$51,072,754
90$92,840,676$10,767,742$5,051,503$55,958,459
91$102,208,634$11,193,571$5,118,938$61,333,212
92$112,528,918$11,637,059$5,185,425$67,246,618
93$123,898,563$12,098,971$5,250,833$73,753,335
94$136,424,501$12,580,105$5,315,020$80,913,587
95$150,224,565$13,081,295$5,377,838$88,793,728
96$165,428,606$13,603,414$5,439,131$97,466,873
97$182,179,714$14,147,372$5,498,732$107,013,585
98$200,635,574$14,714,122$5,556,469$117,522,632
99$220,969,948$15,304,659$5,612,155$129,091,827
100$243,374,318$15,920,023$5,665,598$141,828,946