Can I retire at age 52 with 2,640,000?

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 $2,640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$218,009$216,067$214,172$212,323$210,517$205,930
2 years$107,925$105,915$103,967$102,078$100,246$95,648
3 years$71,235$69,217$67,274$65,403$63,600$59,134
4 years$52,894$50,882$48,958$47,119$45,360$41,061
5 years$41,892$39,892$37,993$36,192$34,482$30,362
6 years$34,560$32,575$30,704$28,943$27,285$23,347
7 years$29,325$27,356$25,515$23,796$22,190$18,436
8 years$25,400$23,449$21,639$19,961$18,408$14,838
9 years$22,349$20,417$18,638$17,003$15,503$12,112
10 years$19,910$17,996$16,249$14,657$13,209$9,995
11 years$17,916$16,021$14,305$12,756$11,360$8,318
12 years$16,255$14,380$12,695$11,188$9,844$6,970
13 years$14,850$12,995$11,343$9,878$8,585$5,873
14 years$13,648$11,812$10,191$8,768$7,525$4,971
15 years$12,606$10,791$9,201$7,820$6,626$4,223
16 years$11,696$9,900$8,342$7,002$5,856$3,598
17 years$10,894$9,118$7,591$6,291$5,192$3,074
18 years$10,181$8,425$6,930$5,669$4,617$2,632
19 years$9,545$7,808$6,344$5,123$4,115$2,258
20 years$8,973$7,256$5,822$4,640$3,676$1,940
21 years$8,455$6,759$5,355$4,211$3,289$1,669
22 years$7,986$6,309$4,936$3,829$2,948$1,437
23 years$7,558$5,901$4,557$3,487$2,647$1,239
24 years$7,166$5,528$4,215$3,180$2,379$1,069
25 years$6,806$5,188$3,904$2,904$2,141$923
26 years$6,475$4,876$3,620$2,656$1,928$797
27 years$6,168$4,589$3,362$2,431$1,738$689
28 years$5,884$4,324$3,125$2,227$1,569$596
29 years$5,620$4,079$2,908$2,042$1,416$516
30 years$5,374$3,852$2,709$1,874$1,280$446
31 years$5,144$3,642$2,526$1,721$1,157$386
32 years$4,929$3,446$2,356$1,582$1,047$335
33 years$4,728$3,263$2,200$1,455$947$290
34 years$4,539$3,093$2,056$1,339$858$251
35 years$4,361$2,934$1,922$1,232$777$217
36 years$4,193$2,784$1,798$1,135$704$188
37 years$4,035$2,645$1,683$1,046$638$163
38 years$3,885$2,513$1,576$964$578$142
39 years$3,743$2,390$1,476$889$524$123
40 years$3,609$2,274$1,384$820$476$106
41 years$3,482$2,164$1,298$756$432$92
42 years$3,361$2,061$1,217$698$392$80
43 years$3,246$1,964$1,142$644$355$69
44 years$3,137$1,872$1,072$595$323$60
45 years$3,032$1,785$1,007$549$293$52
46 years$2,933$1,703$946$507$266$45
47 years$2,838$1,625$888$469$241$39
48 years$2,747$1,551$835$433$219$34
49 years$2,661$1,482$785$400$199$29
50 years$2,578$1,415$738$370$181$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,640,000, adding $6,912 every year, while hoping to spend $53,863 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: 72/5/23 Blend
51$2,640,000$2,640,000$2,640,000$2,640,000
52$2,916,410$2,776,490$2,735,570$3,109,286
53$3,156,574$2,855,228$2,769,901$3,317,519
54$3,419,429$2,936,019$2,803,578$3,538,472
55$3,707,234$3,018,907$2,836,521$3,779,162
56$4,022,474$3,103,935$2,868,646$4,041,542
57$4,367,887$3,191,149$2,899,867$4,327,768
58$4,746,488$3,280,592$2,930,089$4,640,212
59$5,161,599$3,372,310$2,959,216$4,981,488
60$5,616,876$3,466,348$2,987,144$5,354,476
61$6,116,349$3,562,750$3,013,765$5,762,349
62$6,664,455$3,661,563$3,038,964$6,208,604
63$7,266,081$3,762,831$3,062,621$6,697,093
64$7,926,611$3,866,599$3,084,608$7,232,058
65$8,651,975$3,972,913$3,104,793$7,818,178
66$9,448,708$4,081,817$3,123,035$8,460,605
67$10,324,006$4,193,356$3,139,186$9,165,017
68$11,285,797$4,307,573$3,153,092$9,937,669
69$12,342,817$4,424,512$3,164,589$10,785,457
70$13,504,687$4,544,216$3,173,505$11,715,978
71$14,782,009$4,666,727$3,179,662$12,737,601
72$16,186,464$4,792,086$3,182,870$13,859,553
73$17,730,918$4,920,334$3,182,932$15,091,998
74$19,429,550$5,051,509$3,179,638$16,446,139
75$21,297,980$5,185,648$3,172,772$17,934,319
76$23,353,419$5,322,789$3,162,104$19,570,142
77$25,614,828$5,462,966$3,147,395$21,368,598
78$28,103,100$5,606,212$3,128,393$23,346,207
79$30,841,256$5,752,556$3,104,834$25,521,173
80$33,854,661$5,902,028$3,076,443$27,913,558
81$37,171,263$6,054,654$3,042,930$30,545,470
82$40,821,856$6,210,456$3,003,992$33,441,272
83$44,840,372$6,369,455$2,959,312$36,627,813
84$49,264,199$6,531,667$2,908,558$40,134,681
85$54,134,535$6,697,107$2,851,383$43,994,481
86$59,496,774$6,865,782$2,787,421$48,243,147
87$65,400,939$7,037,699$2,716,293$52,920,277
88$71,902,146$7,212,858$2,637,601$58,069,509
89$79,061,132$7,391,254$2,550,927$63,738,936
90$86,944,820$7,572,879$2,455,836$69,981,553
91$95,626,957$7,757,715$2,351,872$76,855,765
92$105,188,806$7,945,743$2,238,559$84,425,936
93$115,719,913$8,136,932$2,115,399$92,762,995
94$127,318,950$8,331,248$1,981,871$101,945,109
95$140,094,651$8,528,647$1,837,431$112,058,418
96$154,166,832$8,729,077$1,681,512$123,197,855
97$169,667,525$8,932,479$1,513,519$135,468,033
98$186,742,222$9,138,780$1,332,832$148,984,242
99$205,551,250$9,347,902$1,138,803$163,873,533
100$226,271,281$9,559,752$930,756$180,275,920