Can I retire at age 52 with 2,740,000?

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 $2,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$226,267$224,251$222,285$220,366$218,491$217,479
2 years$112,013$109,927$107,905$105,945$104,044$103,022
3 years$73,934$71,839$69,822$67,880$66,010$65,010
4 years$54,898$52,809$50,812$48,904$47,079$46,109
5 years$43,479$41,403$39,433$37,563$35,788$34,851
6 years$35,869$33,809$31,867$30,039$28,318$27,415
7 years$30,436$28,392$26,482$24,697$23,030$22,161
8 years$26,362$24,337$22,459$20,718$19,106$18,271
9 years$23,196$21,190$19,344$17,647$16,090$15,290
10 years$20,664$18,678$16,864$15,212$13,709$12,943
11 years$18,594$16,628$14,847$13,239$11,790$11,058
12 years$16,870$14,924$13,176$11,612$10,217$9,517
13 years$15,413$13,487$11,772$10,252$8,910$8,242
14 years$14,165$12,260$10,577$9,100$7,810$7,174
15 years$13,084$11,199$9,550$8,116$6,877$6,271
16 years$12,139$10,275$8,658$7,267$6,078$5,501
17 years$11,307$9,463$7,879$6,529$5,389$4,842
18 years$10,567$8,744$7,192$5,884$4,792$4,272
19 years$9,906$8,104$6,584$5,317$4,271$3,779
20 years$9,312$7,531$6,043$4,815$3,815$3,349
21 years$8,776$7,015$5,558$4,370$3,414$2,973
22 years$8,288$6,548$5,123$3,974$3,060$2,643
23 years$7,844$6,124$4,730$3,619$2,747$2,354
24 years$7,438$5,738$4,374$3,301$2,469$2,098
25 years$7,064$5,385$4,052$3,014$2,222$1,872
26 years$6,720$5,061$3,758$2,756$2,001$1,672
27 years$6,402$4,763$3,489$2,523$1,804$1,495
28 years$6,107$4,488$3,244$2,311$1,628$1,337
29 years$5,833$4,234$3,019$2,120$1,470$1,197
30 years$5,577$3,998$2,812$1,945$1,328$1,072
31 years$5,339$3,780$2,621$1,787$1,201$961
32 years$5,116$3,576$2,446$1,642$1,086$861
33 years$4,907$3,387$2,284$1,510$983$772
34 years$4,711$3,210$2,134$1,389$890$693
35 years$4,526$3,045$1,995$1,279$806$622
36 years$4,352$2,890$1,866$1,178$730$558
37 years$4,187$2,745$1,747$1,085$662$501
38 years$4,032$2,608$1,636$1,000$600$450
39 years$3,885$2,480$1,532$922$544$405
40 years$3,746$2,360$1,436$851$494$364
41 years$3,614$2,246$1,347$785$448$327
42 years$3,488$2,139$1,263$724$406$294
43 years$3,369$2,038$1,185$669$369$264
44 years$3,256$1,943$1,113$617$335$237
45 years$3,147$1,853$1,045$570$304$214
46 years$3,044$1,768$981$527$276$192
47 years$2,946$1,687$922$487$251$173
48 years$2,851$1,610$866$450$228$155
49 years$2,761$1,538$814$416$207$140
50 years$2,675$1,469$766$384$188$126

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,740,000, adding $4,355 every year, while hoping to spend $28,863 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: 72/7/21 Blend
51$2,740,000$2,740,000$2,740,000$2,740,000
52$3,023,972$2,878,752$2,836,282$3,225,923
53$3,301,707$2,989,101$2,900,588$3,471,302
54$3,606,804$3,103,890$2,966,080$3,736,102
55$3,942,023$3,223,305$3,032,768$4,025,404
56$4,310,405$3,347,542$3,100,662$4,341,638
57$4,715,300$3,476,806$3,169,768$4,687,477
58$5,160,399$3,611,308$3,240,094$5,065,868
59$5,649,769$3,751,271$3,311,646$5,480,055
60$6,187,889$3,896,927$3,384,430$5,933,611
61$6,779,696$4,048,519$3,458,450$6,430,472
62$7,430,627$4,206,298$3,533,710$6,974,970
63$8,146,674$4,370,530$3,610,213$7,571,881
64$8,934,439$4,541,490$3,687,959$8,226,464
65$9,801,196$4,719,467$3,766,949$8,944,509
66$10,754,958$4,904,761$3,847,182$9,732,400
67$11,804,555$5,097,686$3,928,655$10,597,163
68$12,959,719$5,298,572$4,011,364$11,546,543
69$14,231,169$5,507,761$4,095,303$12,589,070
70$15,630,718$5,725,610$4,180,466$13,734,141
71$17,171,382$5,952,496$4,266,842$14,992,110
72$18,867,503$6,188,808$4,354,421$16,374,382
73$20,734,884$6,434,956$4,443,190$17,893,525
74$22,790,940$6,691,367$4,533,135$19,563,382
75$25,054,858$6,958,486$4,624,237$21,399,207
76$27,547,782$7,236,780$4,716,477$23,417,808
77$30,293,009$7,526,736$4,809,833$25,637,700
78$33,316,214$7,828,864$4,904,280$28,079,286
79$36,645,685$8,143,695$4,999,791$30,765,045
80$40,312,595$8,471,787$5,096,334$33,719,745
81$44,351,296$8,813,720$5,193,877$36,970,677
82$48,799,638$9,170,102$5,292,382$40,547,912
83$53,699,334$9,541,570$5,391,809$44,484,582
84$59,096,345$9,928,786$5,492,114$48,817,195
85$65,041,322$10,332,446$5,593,250$53,585,981
86$71,590,076$10,753,276$5,695,163$58,835,264
87$78,804,112$11,192,034$5,797,799$64,613,887
88$86,751,202$11,649,514$5,901,096$70,975,671
89$95,506,031$12,126,547$6,004,989$77,979,920
90$105,150,899$12,624,000$6,109,409$85,691,982
91$115,776,495$13,142,781$6,214,278$94,183,866
92$127,482,758$13,683,838$6,319,518$103,534,918
93$140,379,818$14,248,164$6,425,040$113,832,573
94$154,589,033$14,836,798$6,530,752$125,173,180
95$170,244,138$15,450,825$6,636,556$137,662,907
96$187,492,505$16,091,380$6,742,346$151,418,746
97$206,496,535$16,759,652$6,848,008$166,569,615
98$227,435,189$17,456,882$6,953,424$183,257,575
99$250,505,680$18,184,371$7,058,466$201,639,170
100$275,925,332$18,943,478$7,162,997$221,886,905