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%16.2%
1 years$226,267$224,251$222,285$220,366$218,491$212,950
2 years$112,013$109,927$107,905$105,945$104,044$98,497
3 years$73,934$71,839$69,822$67,880$66,010$60,631
4 years$54,898$52,809$50,812$48,904$47,079$41,909
5 years$43,479$41,403$39,433$37,563$35,788$30,843
6 years$35,869$33,809$31,867$30,039$28,318$23,601
7 years$30,436$28,392$26,482$24,697$23,030$18,542
8 years$26,362$24,337$22,459$20,718$19,106$14,845
9 years$23,196$21,190$19,344$17,647$16,090$12,052
10 years$20,664$18,678$16,864$15,212$13,709$9,890
11 years$18,594$16,628$14,847$13,239$11,790$8,184
12 years$16,870$14,924$13,176$11,612$10,217$6,818
13 years$15,413$13,487$11,772$10,252$8,910$5,710
14 years$14,165$12,260$10,577$9,100$7,810$4,803
15 years$13,084$11,199$9,550$8,116$6,877$4,055
16 years$12,139$10,275$8,658$7,267$6,078$3,433
17 years$11,307$9,463$7,879$6,529$5,389$2,914
18 years$10,567$8,744$7,192$5,884$4,792$2,479
19 years$9,906$8,104$6,584$5,317$4,271$2,112
20 years$9,312$7,531$6,043$4,815$3,815$1,802
21 years$8,776$7,015$5,558$4,370$3,414$1,540
22 years$8,288$6,548$5,123$3,974$3,060$1,317
23 years$7,844$6,124$4,730$3,619$2,747$1,127
24 years$7,438$5,738$4,374$3,301$2,469$966
25 years$7,064$5,385$4,052$3,014$2,222$828
26 years$6,720$5,061$3,758$2,756$2,001$710
27 years$6,402$4,763$3,489$2,523$1,804$609
28 years$6,107$4,488$3,244$2,311$1,628$523
29 years$5,833$4,234$3,019$2,120$1,470$449
30 years$5,577$3,998$2,812$1,945$1,328$386
31 years$5,339$3,780$2,621$1,787$1,201$332
32 years$5,116$3,576$2,446$1,642$1,086$285
33 years$4,907$3,387$2,284$1,510$983$245
34 years$4,711$3,210$2,134$1,389$890$211
35 years$4,526$3,045$1,995$1,279$806$181
36 years$4,352$2,890$1,866$1,178$730$156
37 years$4,187$2,745$1,747$1,085$662$134
38 years$4,032$2,608$1,636$1,000$600$115
39 years$3,885$2,480$1,532$922$544$99
40 years$3,746$2,360$1,436$851$494$85
41 years$3,614$2,246$1,347$785$448$73
42 years$3,488$2,139$1,263$724$406$63
43 years$3,369$2,038$1,185$669$369$54
44 years$3,256$1,943$1,113$617$335$47
45 years$3,147$1,853$1,045$570$304$40
46 years$3,044$1,768$981$527$276$35
47 years$2,946$1,687$922$487$251$30
48 years$2,851$1,610$866$450$228$26
49 years$2,761$1,538$814$416$207$22
50 years$2,675$1,469$766$384$188$19

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 $6,360 every year, while hoping to spend $40,893 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: 73/17/10 Blend
51$2,740,000$2,740,000$2,740,000$2,740,000
52$3,026,040$2,880,820$2,838,350$3,240,844
53$3,291,187$2,978,471$2,889,925$3,481,200
54$3,582,007$3,079,535$2,941,857$3,738,662
55$3,901,078$3,184,138$2,994,115$4,019,518
56$4,251,235$3,292,409$3,046,666$4,326,070
57$4,635,605$3,404,480$3,099,473$4,660,853
58$5,057,628$3,520,492$3,152,497$5,026,656
59$5,521,098$3,640,587$3,205,697$5,426,552
60$6,030,190$3,764,916$3,259,028$5,863,922
61$6,589,507$3,893,635$3,312,443$6,342,491
62$7,204,118$4,026,904$3,365,891$6,866,362
63$7,879,607$4,164,892$3,419,318$7,440,051
64$8,622,128$4,307,772$3,472,665$8,068,534
65$9,438,457$4,455,725$3,525,872$8,757,288
66$10,336,064$4,608,940$3,578,873$9,512,348
67$11,323,176$4,767,611$3,631,598$10,340,361
68$12,408,857$4,931,941$3,683,974$11,248,648
69$13,603,095$5,102,140$3,735,921$12,245,274
70$14,916,894$5,278,429$3,787,358$13,339,120
71$16,362,378$5,461,033$3,838,196$14,539,973
72$17,952,907$5,650,190$3,888,342$15,858,611
73$19,703,200$5,846,145$3,937,697$17,306,909
74$21,629,473$6,049,153$3,986,157$18,897,949
75$23,749,598$6,259,480$4,033,612$20,646,143
76$26,083,263$6,477,402$4,079,945$22,567,368
77$28,652,166$6,703,204$4,125,033$24,679,116
78$31,480,212$6,937,186$4,168,746$27,000,657
79$34,593,742$7,179,657$4,210,948$29,553,226
80$38,021,783$7,430,939$4,251,493$32,360,213
81$41,796,317$7,691,368$4,290,231$35,447,394
82$45,952,588$7,961,291$4,327,000$38,843,164
83$50,529,429$8,241,072$4,361,632$42,578,813
84$55,569,633$8,531,086$4,393,949$46,688,813
85$61,120,354$8,831,727$4,423,764$51,211,149
86$67,233,550$9,143,402$4,450,880$56,187,673
87$73,966,478$9,466,535$4,475,091$61,664,499
88$81,382,230$9,801,567$4,496,178$67,692,440
89$89,550,332$10,148,958$4,513,914$74,327,483
90$98,547,394$10,509,184$4,528,058$81,631,321
91$108,457,838$10,882,745$4,538,358$89,671,931
92$119,374,694$11,270,155$4,544,550$98,524,215
93$131,400,475$11,671,955$4,546,354$108,270,710
94$144,648,147$12,088,705$4,543,481$119,002,362
95$159,242,193$12,520,987$4,535,623$130,819,387
96$175,319,790$12,969,408$4,522,459$143,832,211
97$193,032,101$13,434,602$4,503,654$158,162,520
98$212,545,703$13,917,225$4,478,855$173,944,397
99$234,044,159$14,417,963$4,447,690$191,325,598
100$257,729,750$14,937,530$4,409,774$210,468,935