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%16.9%
1 years$218,009$216,067$214,172$212,323$210,517$204,599
2 years$107,925$105,915$103,967$102,078$100,246$94,329
3 years$71,235$69,217$67,274$65,403$63,600$57,869
4 years$52,894$50,882$48,958$47,119$45,360$39,859
5 years$41,892$39,892$37,993$36,192$34,482$29,226
6 years$34,560$32,575$30,704$28,943$27,285$22,279
7 years$29,325$27,356$25,515$23,796$22,190$17,434
8 years$25,400$23,449$21,639$19,961$18,408$13,900
9 years$22,349$20,417$18,638$17,003$15,503$11,238
10 years$19,910$17,996$16,249$14,657$13,209$9,182
11 years$17,916$16,021$14,305$12,756$11,360$7,564
12 years$16,255$14,380$12,695$11,188$9,844$6,272
13 years$14,850$12,995$11,343$9,878$8,585$5,228
14 years$13,648$11,812$10,191$8,768$7,525$4,377
15 years$12,606$10,791$9,201$7,820$6,626$3,677
16 years$11,696$9,900$8,342$7,002$5,856$3,098
17 years$10,894$9,118$7,591$6,291$5,192$2,616
18 years$10,181$8,425$6,930$5,669$4,617$2,213
19 years$9,545$7,808$6,344$5,123$4,115$1,876
20 years$8,973$7,256$5,822$4,640$3,676$1,592
21 years$8,455$6,759$5,355$4,211$3,289$1,353
22 years$7,986$6,309$4,936$3,829$2,948$1,151
23 years$7,558$5,901$4,557$3,487$2,647$980
24 years$7,166$5,528$4,215$3,180$2,379$835
25 years$6,806$5,188$3,904$2,904$2,141$712
26 years$6,475$4,876$3,620$2,656$1,928$607
27 years$6,168$4,589$3,362$2,431$1,738$518
28 years$5,884$4,324$3,125$2,227$1,569$442
29 years$5,620$4,079$2,908$2,042$1,416$377
30 years$5,374$3,852$2,709$1,874$1,280$322
31 years$5,144$3,642$2,526$1,721$1,157$275
32 years$4,929$3,446$2,356$1,582$1,047$235
33 years$4,728$3,263$2,200$1,455$947$201
34 years$4,539$3,093$2,056$1,339$858$172
35 years$4,361$2,934$1,922$1,232$777$147
36 years$4,193$2,784$1,798$1,135$704$126
37 years$4,035$2,645$1,683$1,046$638$107
38 years$3,885$2,513$1,576$964$578$92
39 years$3,743$2,390$1,476$889$524$79
40 years$3,609$2,274$1,384$820$476$67
41 years$3,482$2,164$1,298$756$432$57
42 years$3,361$2,061$1,217$698$392$49
43 years$3,246$1,964$1,142$644$355$42
44 years$3,137$1,872$1,072$595$323$36
45 years$3,032$1,785$1,007$549$293$31
46 years$2,933$1,703$946$507$266$26
47 years$2,838$1,625$888$469$241$22
48 years$2,747$1,551$835$433$219$19
49 years$2,661$1,482$785$400$199$16
50 years$2,578$1,415$738$370$181$14

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 $3,231 every year, while hoping to spend $22,763 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: 50/39/11 Blend
51$2,640,000$2,640,000$2,640,000$2,640,000
52$2,912,613$2,772,693$2,731,773$3,049,502
53$3,185,480$2,884,335$2,799,068$3,255,209
54$3,485,416$3,000,685$2,867,854$3,475,950
55$3,815,159$3,121,949$2,938,157$3,715,299
56$4,177,724$3,248,343$3,010,004$3,975,009
57$4,576,433$3,380,093$3,083,421$4,257,007
58$5,014,947$3,517,436$3,158,433$4,563,407
59$5,497,298$3,660,617$3,235,068$4,896,538
60$6,027,931$3,809,895$3,313,350$5,258,955
61$6,611,740$3,965,540$3,393,307$5,653,469
62$7,254,119$4,127,834$3,474,965$6,083,172
63$7,961,013$4,297,071$3,558,350$6,551,461
64$8,738,970$4,473,561$3,643,489$7,062,075
65$9,595,205$4,657,626$3,730,406$7,619,124
66$10,537,669$4,849,603$3,819,128$8,227,129
67$11,575,123$5,049,845$3,909,680$8,891,066
68$12,717,220$5,258,721$4,002,088$9,616,407
69$13,974,595$5,476,617$4,096,377$10,409,173
70$15,358,970$5,703,937$4,192,572$11,275,991
71$16,883,258$5,941,104$4,290,696$12,224,151
72$18,561,690$6,188,558$4,390,774$13,261,679
73$20,409,947$6,446,762$4,492,830$14,397,406
74$22,445,308$6,716,199$4,596,886$15,641,054
75$24,686,812$6,997,376$4,702,964$17,003,323
76$27,155,441$7,290,821$4,811,087$18,495,991
77$29,874,312$7,597,088$4,921,275$20,132,028
78$32,868,902$7,916,755$5,033,548$21,925,709
79$36,167,284$8,250,430$5,147,926$23,892,752
80$39,800,393$8,598,747$5,264,427$26,050,465
81$43,802,315$8,962,368$5,383,068$28,417,903
82$48,210,616$9,341,989$5,503,865$31,016,051
83$53,066,688$9,738,335$5,626,834$33,868,014
84$58,416,145$10,152,168$5,751,988$36,999,239
85$64,309,251$10,584,284$5,879,339$40,437,748
86$70,801,396$11,035,515$6,008,898$44,214,404
87$77,953,616$11,506,733$6,140,674$48,363,195
88$85,833,173$11,998,851$6,274,674$52,921,557
89$94,514,186$12,512,824$6,410,905$57,930,720
90$104,078,332$13,049,652$6,549,370$63,436,100
91$114,615,618$13,610,380$6,690,069$69,487,716
92$126,225,227$14,196,105$6,833,003$76,140,670
93$139,016,459$14,807,974$6,978,168$83,455,652
94$153,109,760$15,447,186$7,125,558$91,499,519
95$168,637,855$16,114,998$7,275,164$100,345,917
96$185,747,010$16,812,727$7,426,976$110,075,975
97$204,598,404$17,541,749$7,580,978$120,779,065
98$225,369,654$18,303,508$7,737,154$132,553,642
99$248,256,491$19,099,512$7,895,480$145,508,169
100$273,474,608$19,931,342$8,055,934$159,762,137