Can I retire at age 52 with 2,800,000?

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 $2,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$231,221$229,162$227,152$225,191$223,276$217,086
2 years$114,466$112,334$110,268$108,265$106,322$100,132
3 years$75,553$73,412$71,351$69,366$67,455$61,459
4 years$56,100$53,965$51,925$49,975$48,109$42,353
5 years$44,431$42,309$40,296$38,385$36,572$31,071
6 years$36,655$34,549$32,565$30,697$28,938$23,698
7 years$31,102$29,014$27,062$25,238$23,535$18,555
8 years$26,940$24,870$22,951$21,171$19,524$14,803
9 years$23,704$21,654$19,767$18,033$16,442$11,975
10 years$21,117$19,087$17,234$15,545$14,010$9,790
11 years$19,001$16,992$15,172$13,529$12,049$8,070
12 years$17,240$15,251$13,465$11,866$10,441$6,696
13 years$15,750$13,783$12,030$10,476$9,105$5,586
14 years$14,475$12,528$10,809$9,300$7,981$4,679
15 years$13,370$11,445$9,759$8,294$7,027$3,934
16 years$12,405$10,500$8,848$7,426$6,211$3,316
17 years$11,554$9,670$8,051$6,672$5,507$2,803
18 years$10,799$8,936$7,350$6,013$4,896$2,373
19 years$10,123$8,282$6,728$5,433$4,364$2,013
20 years$9,516$7,696$6,175$4,921$3,898$1,710
21 years$8,968$7,168$5,680$4,466$3,489$1,454
22 years$8,470$6,691$5,235$4,061$3,127$1,238
23 years$8,016$6,258$4,833$3,698$2,807$1,055
24 years$7,601$5,864$4,470$3,373$2,523$899
25 years$7,219$5,503$4,140$3,080$2,270$767
26 years$6,867$5,172$3,840$2,816$2,045$655
27 years$6,542$4,867$3,566$2,578$1,844$559
28 years$6,241$4,586$3,315$2,362$1,664$478
29 years$5,961$4,327$3,085$2,166$1,502$408
30 years$5,700$4,086$2,873$1,988$1,357$349
31 years$5,456$3,863$2,679$1,826$1,227$298
32 years$5,228$3,655$2,499$1,678$1,110$255
33 years$5,014$3,461$2,334$1,543$1,005$218
34 years$4,814$3,280$2,180$1,420$910$187
35 years$4,625$3,111$2,038$1,307$824$160
36 years$4,447$2,953$1,907$1,204$746$137
37 years$4,279$2,805$1,785$1,109$677$117
38 years$4,120$2,666$1,671$1,022$613$100
39 years$3,970$2,535$1,566$942$556$86
40 years$3,828$2,412$1,468$869$504$73
41 years$3,693$2,296$1,376$802$458$63
42 years$3,565$2,186$1,291$740$415$54
43 years$3,443$2,083$1,211$683$377$46
44 years$3,327$1,986$1,137$631$342$39
45 years$3,216$1,893$1,068$583$311$34
46 years$3,111$1,806$1,003$538$282$29
47 years$3,010$1,724$942$497$256$25
48 years$2,914$1,646$885$459$233$21
49 years$2,822$1,571$832$425$211$18
50 years$2,734$1,501$782$392$192$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,800,000, adding $5,417 every year, while hoping to spend $29,420 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$2,800,000$2,800,000$2,800,000$2,800,000
52$3,091,188$2,942,788$2,899,388$3,310,695
53$3,375,186$3,055,682$2,965,214$3,569,273
54$3,687,166$3,173,121$3,032,260$3,848,206
55$4,029,952$3,295,298$3,100,535$4,152,895
56$4,406,652$3,422,413$3,170,048$4,485,878
57$4,820,693$3,554,674$3,240,808$4,849,950
58$5,275,851$3,692,300$3,312,822$5,248,187
59$5,776,282$3,835,518$3,386,096$5,683,977
60$6,326,571$3,984,566$3,460,638$6,161,048
61$6,931,763$4,139,692$3,536,452$6,683,506
62$7,597,422$4,301,156$3,613,542$7,255,871
63$8,329,674$4,469,227$3,691,911$7,883,123
64$9,135,272$4,644,190$3,771,560$8,570,742
65$10,021,653$4,826,339$3,852,491$9,324,767
66$10,997,015$5,015,983$3,934,703$10,151,845
67$12,070,387$5,213,443$4,018,193$11,059,300
68$13,251,722$5,419,057$4,102,957$12,055,195
69$14,551,983$5,633,176$4,188,991$13,148,414
70$15,983,251$5,856,167$4,276,288$14,348,739
71$17,558,837$6,088,414$4,364,839$15,666,948
72$19,293,411$6,330,319$4,454,633$17,114,910
73$21,203,133$6,582,298$4,545,657$18,705,701
74$23,305,813$6,844,792$4,637,897$20,453,725
75$25,621,075$7,118,256$4,731,337$22,374,847
76$28,170,544$7,403,169$4,825,955$24,486,548
77$30,978,046$7,700,031$4,921,731$26,808,082
78$34,069,837$8,009,364$5,018,640$29,360,663
79$37,474,851$8,331,712$5,116,654$32,167,658
80$41,224,967$8,667,647$5,215,743$35,254,815
81$45,355,317$9,017,766$5,315,874$38,650,497
82$49,904,612$9,382,690$5,417,009$42,385,956
83$54,915,513$9,763,071$5,519,109$46,495,619
84$60,435,024$10,159,591$5,622,129$51,017,419
85$66,514,947$10,572,962$5,726,020$55,993,150
86$73,212,363$11,003,927$5,830,733$61,468,857
87$80,590,170$11,453,266$5,936,209$67,495,276
88$88,717,683$11,921,792$6,042,388$74,128,305
89$97,671,284$12,410,357$6,149,204$81,429,535
90$107,535,140$12,919,849$6,256,588$89,466,828
91$118,402,003$13,451,200$6,364,462$98,314,957
92$130,374,081$14,005,384$6,472,746$108,056,310
93$143,564,007$14,583,417$6,581,352$118,781,668
94$158,095,896$15,186,364$6,690,188$130,591,056
95$174,106,521$15,815,339$6,799,152$143,594,693
96$191,746,602$16,471,507$6,908,140$157,914,023
97$211,182,229$17,156,085$7,017,037$173,682,866
98$232,596,431$17,870,348$7,125,722$191,048,674
99$256,190,901$18,615,629$7,234,067$210,173,928
100$282,187,900$19,393,321$7,341,936$231,237,661