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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.8%
1 years$233,699$231,617$229,586$227,604$225,668$216,800
2 years$115,692$113,538$111,450$109,425$107,461$98,635
3 years$76,362$74,198$72,115$70,110$68,178$59,672
4 years$56,701$54,544$52,481$50,510$48,625$40,504
5 years$44,907$42,763$40,728$38,797$36,964$29,248
6 years$37,047$34,919$32,914$31,026$29,248$21,943
7 years$31,435$29,325$27,352$25,508$23,787$16,890
8 years$27,228$25,137$23,196$21,398$19,733$13,237
9 years$23,958$21,886$19,979$18,226$16,618$10,514
10 years$21,343$19,292$17,418$15,711$14,160$8,435
11 years$19,205$17,174$15,335$13,674$12,178$6,819
12 years$17,424$15,415$13,609$11,994$10,553$5,546
13 years$15,919$13,930$12,159$10,589$9,202$4,533
14 years$14,630$12,662$10,925$9,399$8,067$3,719
15 years$13,514$11,567$9,864$8,383$7,103$3,060
16 years$12,538$10,613$8,943$7,506$6,277$2,525
17 years$11,678$9,774$8,138$6,744$5,566$2,087
18 years$10,914$9,032$7,429$6,077$4,949$1,728
19 years$10,232$8,370$6,801$5,492$4,411$1,433
20 years$9,618$7,778$6,241$4,974$3,940$1,190
21 years$9,064$7,245$5,741$4,514$3,526$989
22 years$8,561$6,763$5,291$4,104$3,160$822
23 years$8,102$6,325$4,885$3,738$2,837$684
24 years$7,682$5,926$4,518$3,409$2,550$569
25 years$7,296$5,562$4,185$3,113$2,295$474
26 years$6,941$5,227$3,881$2,847$2,067$395
27 years$6,612$4,919$3,604$2,606$1,863$329
28 years$6,307$4,635$3,350$2,387$1,681$275
29 years$6,024$4,373$3,118$2,189$1,518$229
30 years$5,761$4,130$2,904$2,009$1,372$191
31 years$5,514$3,904$2,707$1,845$1,240$159
32 years$5,284$3,694$2,526$1,696$1,122$133
33 years$5,068$3,498$2,359$1,559$1,015$111
34 years$4,865$3,316$2,204$1,435$919$92
35 years$4,674$3,145$2,060$1,321$833$77
36 years$4,495$2,985$1,927$1,216$754$64
37 years$4,325$2,835$1,804$1,121$684$54
38 years$4,165$2,694$1,689$1,033$620$45
39 years$4,013$2,562$1,583$953$562$37
40 years$3,869$2,437$1,483$879$510$31
41 years$3,733$2,320$1,391$811$463$26
42 years$3,603$2,210$1,305$748$420$22
43 years$3,480$2,105$1,224$691$381$18
44 years$3,362$2,007$1,149$638$346$15
45 years$3,251$1,914$1,079$589$314$13
46 years$3,144$1,826$1,014$544$285$11
47 years$3,042$1,742$952$503$259$9
48 years$2,945$1,663$895$464$235$7
49 years$2,852$1,588$841$429$213$6
50 years$2,763$1,517$791$397$194$5

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 $4,534 every year, while hoping to spend $54,117 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: 72/21/7 Blend
51$2,830,000$2,830,000$2,830,000$2,830,000
52$3,123,337$2,973,347$2,929,482$3,344,710
53$3,384,337$3,061,461$2,970,039$3,579,501
54$3,670,146$3,152,078$3,010,142$3,829,293
55$3,983,236$3,245,266$3,049,717$4,101,263
56$4,326,331$3,341,089$3,088,688$4,397,583
57$4,702,432$3,439,617$3,126,974$4,720,642
58$5,114,841$3,540,920$3,164,489$5,073,071
59$5,567,199$3,645,068$3,201,143$5,457,767
60$6,063,511$3,752,135$3,236,839$5,877,918
61$6,608,195$3,862,195$3,271,479$6,337,036
62$7,206,111$3,975,323$3,304,954$6,838,990
63$7,862,618$4,091,597$3,337,153$7,388,038
64$8,583,614$4,211,095$3,367,957$7,988,871
65$9,375,601$4,333,897$3,397,242$8,646,655
66$10,245,739$4,460,085$3,424,876$9,367,081
67$11,201,917$4,589,741$3,450,722$10,156,417
68$12,252,825$4,722,951$3,474,634$11,021,565
69$13,408,037$4,859,800$3,496,458$11,970,130
70$14,678,102$5,000,375$3,516,034$13,010,490
71$16,074,641$5,144,765$3,533,194$14,151,874
72$17,610,456$5,293,061$3,547,758$15,404,446
73$19,299,656$5,445,354$3,559,541$16,779,406
74$21,157,780$5,601,736$3,568,345$18,289,094
75$23,201,955$5,762,303$3,573,966$19,947,101
76$25,451,048$5,927,148$3,576,187$21,768,404
77$27,925,846$6,096,370$3,574,780$23,769,503
78$30,649,255$6,270,065$3,569,509$25,968,575
79$33,646,514$6,448,333$3,560,122$28,385,651
80$36,945,431$6,631,274$3,546,359$31,042,798
81$40,576,647$6,818,989$3,527,944$33,964,330
82$44,573,925$7,011,579$3,504,590$37,177,038
83$48,974,466$7,209,148$3,475,995$40,710,441
84$53,819,264$7,411,798$3,441,843$44,597,065
85$59,153,488$7,619,635$3,401,803$48,872,747
86$65,026,909$7,832,762$3,355,529$53,576,978
87$71,494,371$8,051,285$3,302,657$58,753,269
88$78,616,308$8,275,310$3,242,807$64,449,567
89$86,459,313$8,504,941$3,175,582$70,718,705
90$95,096,764$8,740,284$3,100,566$77,618,898
91$104,609,522$8,981,446$3,017,322$85,214,295
92$115,086,686$9,228,530$2,925,396$93,575,584
93$126,626,442$9,481,641$2,824,310$102,780,656
94$139,336,982$9,740,884$2,713,567$112,915,343
95$153,337,527$10,006,361$2,592,645$124,074,227
96$168,759,456$10,278,174$2,461,000$136,361,530
97$185,747,539$10,556,423$2,318,062$149,892,102
98$204,461,307$10,841,207$2,163,236$164,792,499
99$225,076,556$11,132,622$1,995,900$181,202,182
100$247,787,007$11,430,762$1,815,404$199,274,832