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

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 $2,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$203,970$202,153$200,381$198,651$196,961$190,580
2 years$100,975$99,095$97,272$95,505$93,791$87,422
3 years$66,648$64,760$62,942$61,191$59,505$53,348
4 years$49,488$47,605$45,805$44,085$42,439$36,542
5 years$39,195$37,323$35,547$33,861$32,262$26,639
6 years$32,335$30,477$28,727$27,079$25,528$20,184
7 years$27,436$25,595$23,872$22,263$20,761$15,697
8 years$23,765$21,939$20,246$18,676$17,223$12,434
9 years$20,910$19,102$17,438$15,908$14,504$9,985
10 years$18,628$16,838$15,202$13,713$12,358$8,102
11 years$16,762$14,989$13,384$11,934$10,629$6,628
12 years$15,208$13,454$11,878$10,468$9,211$5,456
13 years$13,894$12,158$10,612$9,242$8,032$4,514
14 years$12,769$11,052$9,535$8,204$7,041$3,750
15 years$11,795$10,096$8,609$7,316$6,199$3,126
16 years$10,943$9,263$7,805$6,551$5,479$2,613
17 years$10,192$8,531$7,102$5,886$4,858$2,189
18 years$9,526$7,883$6,484$5,304$4,319$1,837
19 years$8,930$7,306$5,935$4,793$3,850$1,544
20 years$8,395$6,789$5,447$4,341$3,439$1,300
21 years$7,911$6,323$5,010$3,940$3,077$1,095
22 years$7,472$5,903$4,618$3,582$2,758$924
23 years$7,071$5,521$4,264$3,262$2,476$780
24 years$6,705$5,172$3,943$2,975$2,226$658
25 years$6,368$4,854$3,652$2,717$2,003$556
26 years$6,058$4,562$3,387$2,485$1,804$470
27 years$5,771$4,293$3,145$2,274$1,626$398
28 years$5,505$4,046$2,924$2,084$1,468$336
29 years$5,258$3,817$2,721$1,911$1,325$285
30 years$5,028$3,604$2,535$1,754$1,197$241
31 years$4,813$3,407$2,363$1,611$1,083$204
32 years$4,612$3,224$2,205$1,480$979$173
33 years$4,423$3,053$2,058$1,361$886$146
34 years$4,246$2,894$1,923$1,252$802$124
35 years$4,080$2,745$1,798$1,153$727$105
36 years$3,923$2,605$1,682$1,062$658$89
37 years$3,775$2,474$1,574$978$597$75
38 years$3,635$2,351$1,474$902$541$64
39 years$3,502$2,236$1,381$831$491$54
40 years$3,377$2,127$1,295$767$445$46
41 years$3,258$2,025$1,214$707$404$39
42 years$3,145$1,929$1,139$653$366$33
43 years$3,037$1,838$1,069$603$332$28
44 years$2,935$1,752$1,003$557$302$24
45 years$2,837$1,670$942$514$274$20
46 years$2,744$1,593$885$475$249$17
47 years$2,655$1,521$831$439$226$14
48 years$2,570$1,452$781$405$205$12
49 years$2,489$1,386$734$375$186$10
50 years$2,412$1,324$690$346$169$9

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 $4,810 every year, while hoping to spend $21,899 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: 45/40/15 Blend
51$2,470,000$2,470,000$2,470,000$2,470,000
52$2,726,902$2,595,992$2,557,707$2,837,707
53$2,981,745$2,699,895$2,620,089$3,019,346
54$3,261,849$2,808,155$2,683,828$3,213,608
55$3,569,766$2,920,963$2,748,945$3,423,787
56$3,908,310$3,038,518$2,815,462$3,651,364
57$4,280,579$3,161,028$2,883,402$3,897,966
58$4,689,990$3,288,709$2,952,787$4,165,383
59$5,140,303$3,421,790$3,023,640$4,455,579
60$5,635,664$3,560,508$3,095,982$4,770,711
61$6,180,640$3,705,111$3,169,836$5,113,154
62$6,780,263$3,855,859$3,245,223$5,485,514
63$7,440,077$4,013,024$3,322,165$5,890,658
64$8,166,191$4,176,888$3,400,684$6,331,739
65$8,965,336$4,347,750$3,480,801$6,812,221
66$9,844,930$4,525,918$3,562,537$7,335,917
67$10,813,143$4,711,719$3,645,912$7,907,019
68$11,878,981$4,905,491$3,730,948$8,530,138
69$13,052,366$5,107,589$3,817,664$9,210,345
70$14,344,231$5,318,384$3,906,079$9,953,222
71$15,766,623$5,538,265$3,996,212$10,764,909
72$17,332,815$5,767,637$4,088,083$11,652,161
73$19,057,437$6,006,926$4,181,707$12,622,414
74$20,956,605$6,256,574$4,277,104$13,683,849
75$23,048,080$6,517,048$4,374,289$14,845,471
76$25,351,434$6,788,833$4,473,277$16,117,193
77$27,888,231$7,072,437$4,574,083$17,509,925
78$30,682,238$7,368,393$4,676,722$19,035,676
79$33,759,639$7,677,258$4,781,205$20,707,669
80$37,149,291$7,999,612$4,887,544$22,540,459
81$40,882,992$8,336,067$4,995,750$24,550,072
82$44,995,782$8,687,258$5,105,832$26,754,153
83$49,526,271$9,053,854$5,217,798$29,172,131
84$54,517,010$9,436,552$5,331,653$31,825,400
85$60,014,885$9,836,082$5,447,403$34,737,518
86$66,071,562$10,253,210$5,565,050$37,934,429
87$72,743,978$10,688,734$5,684,596$41,444,703
88$80,094,874$11,143,492$5,806,040$45,299,804
89$88,193,388$11,618,360$5,929,379$49,534,386
90$97,115,709$12,114,255$6,054,609$54,186,614
91$106,945,794$12,632,136$6,181,721$59,298,525
92$117,776,163$13,173,009$6,310,707$64,916,419
93$129,708,770$13,737,924$6,441,553$71,091,295
94$142,855,964$14,327,982$6,574,245$77,879,327
95$157,341,555$14,944,336$6,708,765$85,342,392
96$173,301,976$15,588,190$6,845,090$93,548,650
97$190,887,574$16,260,809$6,983,198$102,573,186
98$210,264,031$16,963,512$7,123,059$112,498,710
99$231,613,923$17,697,685$7,264,642$123,416,338
100$255,138,447$18,464,776$7,407,912$135,426,447