Can I retire at age 52 with 2,480,000?

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 $2,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$204,796$202,972$201,192$199,455$197,759$190,515
2 years$101,384$99,496$97,666$95,892$94,171$86,953
3 years$66,918$65,022$63,196$61,439$59,746$52,782
4 years$49,688$47,798$45,991$44,263$42,611$35,954
5 years$39,353$37,474$35,691$33,998$32,392$26,059
6 years$32,465$30,600$28,843$27,189$25,631$19,626
7 years$27,548$25,698$23,969$22,353$20,845$15,167
8 years$23,861$22,028$20,328$18,752$17,293$11,936
9 years$20,995$19,179$17,508$15,972$14,563$9,521
10 years$18,703$16,906$15,264$13,768$12,408$7,672
11 years$16,830$15,050$13,438$11,983$10,672$6,231
12 years$15,270$13,508$11,926$10,510$9,248$5,092
13 years$13,950$12,207$10,655$9,279$8,064$4,182
14 years$12,821$11,096$9,574$8,237$7,069$3,448
15 years$11,842$10,137$8,644$7,346$6,224$2,851
16 years$10,987$9,300$7,837$6,577$5,501$2,364
17 years$10,234$8,565$7,131$5,910$4,878$1,965
18 years$9,564$7,915$6,510$5,326$4,337$1,635
19 years$8,966$7,335$5,959$4,812$3,866$1,363
20 years$8,429$6,816$5,469$4,359$3,453$1,138
21 years$7,943$6,349$5,031$3,956$3,090$951
22 years$7,502$5,927$4,637$3,597$2,770$795
23 years$7,100$5,543$4,281$3,275$2,486$665
24 years$6,732$5,193$3,959$2,987$2,235$557
25 years$6,394$4,874$3,667$2,728$2,011$466
26 years$6,082$4,581$3,401$2,495$1,811$391
27 years$5,794$4,311$3,158$2,283$1,633$328
28 years$5,527$4,062$2,936$2,092$1,474$275
29 years$5,279$3,832$2,732$1,918$1,331$230
30 years$5,048$3,619$2,545$1,761$1,202$193
31 years$4,832$3,421$2,373$1,617$1,087$162
32 years$4,631$3,237$2,214$1,486$983$136
33 years$4,441$3,066$2,067$1,367$890$114
34 years$4,264$2,905$1,931$1,257$806$96
35 years$4,096$2,756$1,805$1,157$730$80
36 years$3,939$2,616$1,689$1,066$661$67
37 years$3,790$2,484$1,581$982$599$57
38 years$3,650$2,361$1,480$905$543$48
39 years$3,517$2,245$1,387$835$493$40
40 years$3,391$2,136$1,300$770$447$33
41 years$3,271$2,033$1,219$710$405$28
42 years$3,157$1,936$1,143$656$368$24
43 years$3,049$1,845$1,073$605$334$20
44 years$2,947$1,759$1,007$559$303$17
45 years$2,849$1,677$946$516$275$14
46 years$2,755$1,600$888$477$250$12
47 years$2,666$1,527$834$440$227$10
48 years$2,581$1,457$784$407$206$8
49 years$2,499$1,392$737$376$187$7
50 years$2,421$1,330$693$348$170$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,480,000, adding $6,840 every year, while hoping to spend $26,322 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: 80/11/9 Blend
51$2,480,000$2,480,000$2,480,000$2,480,000
52$2,740,015$2,608,575$2,570,135$2,955,027
53$2,991,491$2,708,389$2,628,229$3,196,805
54$3,267,734$2,812,212$2,687,386$3,457,903
55$3,571,244$2,920,211$2,747,614$3,743,624
56$3,904,774$3,032,565$2,808,922$4,056,415
57$4,271,355$3,149,455$2,871,316$4,398,972
58$4,674,330$3,271,074$2,934,801$4,774,262
59$5,117,377$3,397,622$2,999,382$5,185,555
60$5,604,552$3,529,309$3,065,064$5,636,449
61$6,140,323$3,666,352$3,131,851$6,130,909
62$6,729,613$3,808,979$3,199,744$6,673,301
63$7,377,843$3,957,429$3,268,746$7,268,434
64$8,090,990$4,111,950$3,338,856$7,921,604
65$8,875,637$4,272,802$3,410,073$8,638,646
66$9,739,038$4,440,255$3,482,397$9,425,985
67$10,689,186$4,614,594$3,555,823$10,290,701
68$11,734,887$4,796,113$3,630,347$11,240,591
69$12,885,845$4,985,121$3,705,963$12,284,245
70$14,152,751$5,181,943$3,782,663$13,431,125
71$15,547,388$5,386,913$3,860,438$14,691,657
72$17,082,735$5,600,386$3,939,276$16,077,323
73$18,773,097$5,822,728$4,019,165$17,600,777
74$20,634,236$6,054,325$4,100,091$19,275,956
75$22,683,519$6,295,578$4,182,035$21,118,217
76$24,940,084$6,546,907$4,264,978$23,144,477
77$27,425,018$6,808,751$4,348,900$25,373,377
78$30,161,558$7,081,567$4,433,777$27,825,453
79$33,175,309$7,365,837$4,519,581$30,523,331
80$36,494,487$7,662,060$4,606,283$33,491,942
81$40,150,184$7,970,759$4,693,852$36,758,754
82$44,176,659$8,292,482$4,782,253$40,354,029
83$48,611,665$8,627,802$4,871,446$44,311,115
84$53,496,806$8,977,314$4,961,390$48,666,753
85$58,877,923$9,341,646$5,052,040$53,461,426
86$64,805,535$9,721,450$5,143,346$58,739,741
87$71,335,308$10,117,410$5,235,257$64,550,848
88$78,528,585$10,530,239$5,327,714$70,948,906
89$86,452,965$10,960,684$5,420,656$77,993,588
90$95,182,937$11,409,527$5,514,017$85,750,650
91$104,800,586$11,877,584$5,607,727$94,292,545
92$115,396,369$12,365,709$5,701,710$103,699,112
93$127,069,965$12,874,795$5,795,883$114,058,324
94$139,931,218$13,405,776$5,890,161$125,467,118
95$154,101,172$13,959,629$5,984,451$138,032,312
96$169,713,216$14,537,375$6,078,655$151,871,610
97$186,914,340$15,140,083$6,172,666$167,114,714
98$205,866,526$15,768,870$6,266,374$183,904,544
99$226,748,273$16,424,906$6,359,659$202,398,589
100$249,756,285$17,109,414$6,452,395$222,770,394