Can I retire at age 52 with 2,830,000?

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 $2,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$233,699$231,617$229,586$227,604$225,668$218,883
2 years$115,692$113,538$111,450$109,425$107,461$100,682
3 years$76,362$74,198$72,115$70,110$68,178$61,618
4 years$56,701$54,544$52,481$50,510$48,625$42,334
5 years$44,907$42,763$40,728$38,797$36,964$30,959
6 years$37,047$34,919$32,914$31,026$29,248$23,535
7 years$31,435$29,325$27,352$25,508$23,787$18,365
8 years$27,228$25,137$23,196$21,398$19,733$14,600
9 years$23,958$21,886$19,979$18,226$16,618$11,767
10 years$21,343$19,292$17,418$15,711$14,160$9,584
11 years$19,205$17,174$15,335$13,674$12,178$7,870
12 years$17,424$15,415$13,609$11,994$10,553$6,505
13 years$15,919$13,930$12,159$10,589$9,202$5,404
14 years$14,630$12,662$10,925$9,399$8,067$4,508
15 years$13,514$11,567$9,864$8,383$7,103$3,774
16 years$12,538$10,613$8,943$7,506$6,277$3,168
17 years$11,678$9,774$8,138$6,744$5,566$2,666
18 years$10,914$9,032$7,429$6,077$4,949$2,247
19 years$10,232$8,370$6,801$5,492$4,411$1,898
20 years$9,618$7,778$6,241$4,974$3,940$1,604
21 years$9,064$7,245$5,741$4,514$3,526$1,358
22 years$8,561$6,763$5,291$4,104$3,160$1,151
23 years$8,102$6,325$4,885$3,738$2,837$976
24 years$7,682$5,926$4,518$3,409$2,550$828
25 years$7,296$5,562$4,185$3,113$2,295$703
26 years$6,941$5,227$3,881$2,847$2,067$597
27 years$6,612$4,919$3,604$2,606$1,863$508
28 years$6,307$4,635$3,350$2,387$1,681$431
29 years$6,024$4,373$3,118$2,189$1,518$367
30 years$5,761$4,130$2,904$2,009$1,372$312
31 years$5,514$3,904$2,707$1,845$1,240$266
32 years$5,284$3,694$2,526$1,696$1,122$226
33 years$5,068$3,498$2,359$1,559$1,015$192
34 years$4,865$3,316$2,204$1,435$919$164
35 years$4,674$3,145$2,060$1,321$833$139
36 years$4,495$2,985$1,927$1,216$754$119
37 years$4,325$2,835$1,804$1,121$684$101
38 years$4,165$2,694$1,689$1,033$620$86
39 years$4,013$2,562$1,583$953$562$73
40 years$3,869$2,437$1,483$879$510$62
41 years$3,733$2,320$1,391$811$463$53
42 years$3,603$2,210$1,305$748$420$45
43 years$3,480$2,105$1,224$691$381$39
44 years$3,362$2,007$1,149$638$346$33
45 years$3,251$1,914$1,079$589$314$28
46 years$3,144$1,826$1,014$544$285$24
47 years$3,042$1,742$952$503$259$20
48 years$2,945$1,663$895$464$235$17
49 years$2,852$1,588$841$429$213$15
50 years$2,763$1,517$791$397$194$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,830,000, adding $6,054 every year, while hoping to spend $32,319 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: 49/22/29 Blend
51$2,830,000$2,830,000$2,830,000$2,830,000
52$3,124,905$2,974,915$2,931,050$3,251,976
53$3,409,258$3,086,298$2,994,853$3,453,213
54$3,721,532$3,202,057$3,059,710$3,668,064
55$4,064,540$3,322,370$3,125,623$3,900,881
56$4,441,383$3,447,426$3,192,591$4,153,382
57$4,855,475$3,577,420$3,260,613$4,427,455
58$5,310,579$3,712,559$3,329,689$4,725,178
59$5,810,837$3,853,054$3,399,813$5,048,838
60$6,360,818$3,999,129$3,470,982$5,400,950
61$6,965,551$4,151,015$3,543,189$5,784,282
62$7,630,578$4,308,956$3,616,427$6,201,881
63$8,362,006$4,473,204$3,690,686$6,657,101
64$9,166,562$4,644,023$3,765,956$7,153,630
65$10,051,660$4,821,689$3,842,224$7,695,533
66$11,025,466$5,006,488$3,919,476$8,287,281
67$12,096,980$5,198,722$3,997,694$8,933,798
68$13,276,115$5,398,703$4,076,860$9,640,505
69$14,573,798$5,606,758$4,156,954$10,413,369
70$16,002,065$5,823,229$4,237,952$11,258,963
71$17,574,180$6,048,472$4,319,827$12,184,524
72$19,304,758$6,282,858$4,402,553$13,198,021
73$21,209,902$6,526,777$4,486,097$14,308,229
74$23,307,356$6,780,634$4,570,426$15,524,814
75$25,616,674$7,044,852$4,655,502$16,858,421
76$28,159,398$7,319,873$4,741,286$18,320,772
77$30,959,270$7,606,161$4,827,732$19,924,782
78$34,042,449$7,904,196$4,914,794$21,684,672
79$37,437,760$8,214,483$5,002,421$23,616,109
80$41,176,967$8,537,547$5,090,558$25,736,349
81$45,295,070$8,873,940$5,179,144$28,064,402
82$49,830,639$9,224,234$5,268,117$30,621,208
83$54,826,173$9,589,030$5,357,407$33,429,833
84$60,328,504$9,968,955$5,446,942$36,515,690
85$66,389,241$10,364,663$5,536,644$39,906,772
86$73,065,250$10,776,838$5,626,428$43,633,921
87$80,419,198$11,206,196$5,716,206$47,731,114
88$88,520,140$11,653,482$5,805,882$52,235,781
89$97,444,170$12,119,479$5,895,355$57,189,164
90$107,275,143$12,605,001$5,984,518$62,636,698
91$118,105,463$13,110,902$6,073,254$68,628,442
92$130,036,955$13,638,071$6,161,443$75,219,549
93$143,181,829$14,187,441$6,248,956$82,470,787
94$157,663,735$14,759,985$6,335,655$90,449,107
95$173,618,932$15,356,720$6,421,396$99,228,279
96$191,197,574$15,978,710$6,506,024$108,889,582
97$210,565,127$16,627,068$6,589,376$119,522,573
98$231,903,931$17,302,955$6,671,281$131,225,928
99$255,414,919$18,007,588$6,751,557$144,108,375
100$281,319,517$18,742,236$6,830,010$158,289,713