Can I retire at age 52 with 2,840,000?

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 $2,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$234,525$232,436$230,397$228,408$226,466$225,038
2 years$116,101$113,939$111,843$109,812$107,841$106,401
3 years$76,632$74,460$72,370$70,357$68,419$67,011
4 years$56,901$54,736$52,667$50,689$48,797$47,432
5 years$45,066$42,914$40,872$38,934$37,094$35,777
6 years$37,178$35,042$33,030$31,136$29,352$28,083
7 years$31,546$29,429$27,448$25,598$23,871$22,651
8 years$27,324$25,226$23,278$21,474$19,803$18,633
9 years$24,042$21,964$20,050$18,291$16,677$15,556
10 years$21,418$19,360$17,480$15,767$14,210$13,137
11 years$19,273$17,235$15,389$13,722$12,221$11,196
12 years$17,486$15,469$13,657$12,036$10,590$9,612
13 years$15,975$13,980$12,202$10,626$9,235$8,303
14 years$14,682$12,707$10,963$9,433$8,095$7,208
15 years$13,561$11,608$9,899$8,412$7,128$6,284
16 years$12,582$10,650$8,974$7,532$6,300$5,498
17 years$11,719$9,808$8,166$6,768$5,586$4,825
18 years$10,953$9,063$7,455$6,099$4,966$4,246
19 years$10,268$8,400$6,825$5,511$4,427$3,745
20 years$9,652$7,806$6,263$4,991$3,954$3,309
21 years$9,096$7,271$5,761$4,530$3,538$2,929
22 years$8,591$6,787$5,310$4,119$3,172$2,597
23 years$8,131$6,348$4,903$3,751$2,847$2,305
24 years$7,709$5,947$4,534$3,421$2,559$2,049
25 years$7,322$5,581$4,199$3,124$2,303$1,822
26 years$6,965$5,245$3,895$2,857$2,074$1,623
27 years$6,635$4,937$3,617$2,615$1,870$1,446
28 years$6,330$4,652$3,362$2,396$1,687$1,289
29 years$6,046$4,388$3,129$2,197$1,524$1,150
30 years$5,781$4,144$2,914$2,016$1,377$1,027
31 years$5,534$3,918$2,717$1,852$1,245$917
32 years$5,303$3,707$2,535$1,702$1,126$820
33 years$5,086$3,511$2,367$1,565$1,019$733
34 years$4,882$3,327$2,211$1,440$923$655
35 years$4,691$3,156$2,068$1,326$836$586
36 years$4,511$2,995$1,934$1,221$757$525
37 years$4,340$2,845$1,810$1,125$686$469
38 years$4,179$2,704$1,695$1,037$622$420
39 years$4,027$2,571$1,588$956$564$376
40 years$3,883$2,446$1,489$882$512$337
41 years$3,746$2,328$1,396$813$464$302
42 years$3,616$2,217$1,309$751$421$270
43 years$3,492$2,113$1,229$693$382$242
44 years$3,374$2,014$1,153$640$347$217
45 years$3,262$1,920$1,083$591$315$194
46 years$3,155$1,832$1,017$546$286$174
47 years$3,053$1,748$956$504$260$156
48 years$2,955$1,669$898$466$236$140
49 years$2,862$1,594$844$431$214$125
50 years$2,773$1,522$794$398$195$112

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,840,000, adding $6,268 every year, while hoping to spend $30,173 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: 67/20/13 Blend
51$2,840,000$2,840,000$2,840,000$2,840,000
52$3,136,145$2,985,625$2,941,605$3,336,612
53$3,423,928$3,099,817$3,008,045$3,585,159
54$3,740,054$3,218,593$3,075,700$3,852,660
55$4,087,381$3,342,146$3,144,578$4,144,367
56$4,469,060$3,470,677$3,214,687$4,462,650
57$4,888,560$3,604,396$3,286,035$4,810,115
58$5,349,704$3,743,522$3,358,628$5,189,633
59$5,856,704$3,888,285$3,432,472$5,604,361
60$6,414,200$4,038,923$3,507,572$6,057,777
61$7,027,304$4,195,686$3,583,931$6,553,708
62$7,701,649$4,358,834$3,661,552$7,096,368
63$8,443,439$4,528,640$3,740,437$7,690,396
64$9,259,514$4,705,387$3,820,585$8,340,900
65$10,157,406$4,889,372$3,901,996$9,053,504
66$11,145,415$5,080,905$3,984,667$9,834,403
67$12,232,688$5,280,310$4,068,594$10,690,416
68$13,429,302$5,487,925$4,153,771$11,629,054
69$14,746,360$5,704,102$4,240,192$12,658,589
70$16,196,096$5,929,212$4,327,846$13,788,129
71$17,791,993$6,163,638$4,416,724$15,027,709
72$19,548,904$6,407,784$4,506,812$16,388,377
73$21,483,196$6,662,069$4,598,095$17,882,307
74$23,612,906$6,926,935$4,690,555$19,522,904
75$25,957,907$7,202,839$4,784,173$21,324,934
76$28,540,098$7,490,262$4,878,926$23,304,666
77$31,383,608$7,789,705$4,974,790$25,480,016
78$34,515,027$8,101,691$5,071,737$27,870,724
79$37,963,655$8,426,770$5,169,735$30,498,533
80$41,761,778$8,765,512$5,268,752$33,387,397
81$45,944,973$9,118,516$5,368,749$36,563,706
82$50,552,445$9,486,407$5,469,686$40,056,530
83$55,627,392$9,869,839$5,571,519$43,897,898
84$61,217,420$10,269,496$5,674,199$48,123,094
85$67,374,986$10,686,090$5,777,674$52,770,993
86$74,157,896$11,120,369$5,881,887$57,884,425
87$81,629,848$11,573,114$5,986,777$63,510,577
88$89,861,036$12,045,141$6,092,278$69,701,438
89$98,928,812$12,537,302$6,198,318$76,514,288
90$108,918,411$13,050,491$6,304,823$84,012,241
91$119,923,764$13,585,640$6,411,710$92,264,831
92$132,048,377$14,143,725$6,518,891$101,348,675
93$145,406,311$14,725,767$6,626,273$111,348,191
94$160,123,257$15,332,832$6,733,756$122,356,393
95$176,337,726$15,966,037$6,841,233$134,475,768
96$194,202,349$16,626,549$6,948,590$147,819,240
97$213,885,327$17,315,588$7,055,706$162,511,238
98$235,572,010$18,034,431$7,162,452$178,688,866
99$259,466,652$18,784,415$7,268,691$196,503,193
100$285,794,336$19,566,937$7,374,277$216,120,682