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%18.3%
1 years$233,699$231,617$229,586$227,604$225,668$218,095
2 years$115,692$113,538$111,450$109,425$107,461$99,906
3 years$76,362$74,198$72,115$70,110$68,178$60,878
4 years$56,701$54,544$52,481$50,510$48,625$41,636
5 years$44,907$42,763$40,728$38,797$36,964$30,305
6 years$37,047$34,919$32,914$31,026$29,248$22,924
7 years$31,435$29,325$27,352$25,508$23,787$17,797
8 years$27,228$25,137$23,196$21,398$19,733$14,073
9 years$23,958$21,886$19,979$18,226$16,618$11,281
10 years$21,343$19,292$17,418$15,711$14,160$9,136
11 years$19,205$17,174$15,335$13,674$12,178$7,459
12 years$17,424$15,415$13,609$11,994$10,553$6,128
13 years$15,919$13,930$12,159$10,589$9,202$5,060
14 years$14,630$12,662$10,925$9,399$8,067$4,195
15 years$13,514$11,567$9,864$8,383$7,103$3,489
16 years$12,538$10,613$8,943$7,506$6,277$2,910
17 years$11,678$9,774$8,138$6,744$5,566$2,432
18 years$10,914$9,032$7,429$6,077$4,949$2,037
19 years$10,232$8,370$6,801$5,492$4,411$1,708
20 years$9,618$7,778$6,241$4,974$3,940$1,435
21 years$9,064$7,245$5,741$4,514$3,526$1,206
22 years$8,561$6,763$5,291$4,104$3,160$1,015
23 years$8,102$6,325$4,885$3,738$2,837$854
24 years$7,682$5,926$4,518$3,409$2,550$720
25 years$7,296$5,562$4,185$3,113$2,295$607
26 years$6,941$5,227$3,881$2,847$2,067$512
27 years$6,612$4,919$3,604$2,606$1,863$432
28 years$6,307$4,635$3,350$2,387$1,681$364
29 years$6,024$4,373$3,118$2,189$1,518$308
30 years$5,761$4,130$2,904$2,009$1,372$260
31 years$5,514$3,904$2,707$1,845$1,240$219
32 years$5,284$3,694$2,526$1,696$1,122$185
33 years$5,068$3,498$2,359$1,559$1,015$156
34 years$4,865$3,316$2,204$1,435$919$132
35 years$4,674$3,145$2,060$1,321$833$112
36 years$4,495$2,985$1,927$1,216$754$94
37 years$4,325$2,835$1,804$1,121$684$80
38 years$4,165$2,694$1,689$1,033$620$67
39 years$4,013$2,562$1,583$953$562$57
40 years$3,869$2,437$1,483$879$510$48
41 years$3,733$2,320$1,391$811$463$41
42 years$3,603$2,210$1,305$748$420$34
43 years$3,480$2,105$1,224$691$381$29
44 years$3,362$2,007$1,149$638$346$25
45 years$3,251$1,914$1,079$589$314$21
46 years$3,144$1,826$1,014$544$285$18
47 years$3,042$1,742$952$503$259$15
48 years$2,945$1,663$895$464$235$13
49 years$2,852$1,588$841$429$213$11
50 years$2,763$1,517$791$397$194$9

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 $6,600 every year, while hoping to spend $34,916 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: 56/36/8 Blend
51$2,830,000$2,830,000$2,830,000$2,830,000
52$3,125,468$2,975,478$2,931,613$3,294,307
53$3,407,115$3,084,126$2,992,672$3,517,599
54$3,716,320$3,196,928$3,054,605$3,756,226
55$4,055,857$3,314,049$3,117,407$4,015,277
56$4,428,782$3,435,665$3,181,067$4,296,703
57$4,838,461$3,561,955$3,245,576$4,602,649
58$5,288,602$3,693,109$3,310,921$4,935,474
59$5,783,291$3,829,323$3,377,088$5,297,773
60$6,327,028$3,970,802$3,444,063$5,692,399
61$6,924,773$4,117,759$3,511,827$6,122,491
62$7,581,988$4,270,417$3,580,361$6,591,504
63$8,304,692$4,429,009$3,649,644$7,103,238
64$9,099,516$4,593,776$3,719,653$7,661,874
65$9,973,766$4,764,970$3,790,361$8,272,015
66$10,935,492$4,942,855$3,861,739$8,938,725
67$11,993,562$5,127,705$3,933,758$9,667,578
68$13,157,749$5,319,807$4,006,382$10,464,711
69$14,438,820$5,519,457$4,079,576$11,336,877
70$15,848,637$5,726,969$4,153,300$12,291,513
71$17,400,274$5,942,666$4,227,511$13,336,804
72$19,108,132$6,166,887$4,302,163$14,481,762
73$20,988,082$6,399,985$4,377,206$15,736,312
74$23,057,611$6,642,329$4,452,587$17,111,380
75$25,335,988$6,894,303$4,528,249$18,618,997
76$27,844,444$7,156,309$4,604,130$20,272,412
77$30,606,374$7,428,765$4,680,166$22,086,216
78$33,647,557$7,712,108$4,756,285$24,076,477
79$36,996,400$8,006,794$4,832,412$26,260,892
80$40,684,204$8,313,298$4,908,470$28,658,949
81$44,745,461$8,632,117$4,984,371$31,292,115
82$49,218,177$8,963,770$5,060,027$34,184,034
83$54,144,234$9,308,797$5,135,340$37,360,748
84$59,569,781$9,667,763$5,210,209$40,850,942
85$65,545,673$10,041,258$5,284,525$44,686,212
86$72,127,949$10,429,897$5,358,174$48,901,366
87$79,378,360$10,834,323$5,431,034$53,534,743
88$87,364,955$11,255,206$5,502,975$58,628,581
89$96,162,717$11,693,248$5,573,862$64,229,407
90$105,854,276$12,149,180$5,643,549$70,388,479
91$116,530,688$12,623,766$5,711,884$77,162,265
92$128,292,292$13,117,804$5,778,705$84,612,973
93$141,249,656$13,632,126$5,843,842$92,809,140
94$155,524,626$14,167,605$5,907,115$101,826,272
95$171,251,468$14,725,148$5,968,334$111,747,557
96$188,578,144$15,305,706$6,027,299$122,664,645
97$207,667,699$15,910,271$6,083,799$134,678,515
98$228,699,809$16,539,879$6,137,610$147,900,419
99$251,872,469$17,195,612$6,188,500$162,452,936
100$277,403,867$17,878,603$6,236,220$178,471,120