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%17.8%
1 years$234,525$232,436$230,397$228,408$226,466$219,304
2 years$116,101$113,939$111,843$109,812$107,841$100,691
3 years$76,632$74,460$72,370$70,357$68,419$61,504
4 years$56,901$54,736$52,667$50,689$48,797$42,171
5 years$45,066$42,914$40,872$38,934$37,094$30,775
6 years$37,178$35,042$33,030$31,136$29,352$23,344
7 years$31,546$29,429$27,448$25,598$23,871$18,174
8 years$27,324$25,226$23,278$21,474$19,803$14,414
9 years$24,042$21,964$20,050$18,291$16,677$11,589
10 years$21,418$19,360$17,480$15,767$14,210$9,416
11 years$19,273$17,235$15,389$13,722$12,221$7,712
12 years$17,486$15,469$13,657$12,036$10,590$6,357
13 years$15,975$13,980$12,202$10,626$9,235$5,267
14 years$14,682$12,707$10,963$9,433$8,095$4,382
15 years$13,561$11,608$9,899$8,412$7,128$3,657
16 years$12,582$10,650$8,974$7,532$6,300$3,061
17 years$11,719$9,808$8,166$6,768$5,586$2,568
18 years$10,953$9,063$7,455$6,099$4,966$2,159
19 years$10,268$8,400$6,825$5,511$4,427$1,817
20 years$9,652$7,806$6,263$4,991$3,954$1,532
21 years$9,096$7,271$5,761$4,530$3,538$1,293
22 years$8,591$6,787$5,310$4,119$3,172$1,092
23 years$8,131$6,348$4,903$3,751$2,847$923
24 years$7,709$5,947$4,534$3,421$2,559$781
25 years$7,322$5,581$4,199$3,124$2,303$661
26 years$6,965$5,245$3,895$2,857$2,074$560
27 years$6,635$4,937$3,617$2,615$1,870$474
28 years$6,330$4,652$3,362$2,396$1,687$402
29 years$6,046$4,388$3,129$2,197$1,524$340
30 years$5,781$4,144$2,914$2,016$1,377$289
31 years$5,534$3,918$2,717$1,852$1,245$245
32 years$5,303$3,707$2,535$1,702$1,126$208
33 years$5,086$3,511$2,367$1,565$1,019$176
34 years$4,882$3,327$2,211$1,440$923$149
35 years$4,691$3,156$2,068$1,326$836$127
36 years$4,511$2,995$1,934$1,221$757$108
37 years$4,340$2,845$1,810$1,125$686$91
38 years$4,179$2,704$1,695$1,037$622$77
39 years$4,027$2,571$1,588$956$564$66
40 years$3,883$2,446$1,489$882$512$56
41 years$3,746$2,328$1,396$813$464$47
42 years$3,616$2,217$1,309$751$421$40
43 years$3,492$2,113$1,229$693$382$34
44 years$3,374$2,014$1,153$640$347$29
45 years$3,262$1,920$1,083$591$315$25
46 years$3,155$1,832$1,017$546$286$21
47 years$3,053$1,748$956$504$260$18
48 years$2,955$1,669$898$466$236$15
49 years$2,862$1,594$844$431$214$13
50 years$2,773$1,522$794$398$195$11

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 $3,473 every year, while hoping to spend $56,132 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: 55/40/5 Blend
51$2,840,000$2,840,000$2,840,000$2,840,000
52$3,133,262$2,982,742$2,938,722$3,302,210
53$3,393,131$3,069,173$2,977,446$3,502,882
54$3,677,625$3,157,957$3,015,585$3,714,684
55$3,989,197$3,249,151$3,053,061$3,943,880
56$4,330,548$3,342,812$3,089,791$4,192,125
57$4,704,651$3,438,997$3,125,687$4,461,244
58$5,114,783$3,537,766$3,160,655$4,753,240
59$5,564,552$3,639,177$3,194,598$5,070,321
60$6,057,932$3,743,292$3,227,412$5,414,916
61$6,599,298$3,850,171$3,258,988$5,789,697
62$7,193,473$3,959,876$3,289,210$6,197,607
63$7,845,766$4,072,469$3,317,958$6,641,884
64$8,562,029$4,188,014$3,345,103$7,126,094
65$9,348,703$4,306,574$3,370,512$7,654,164
66$10,212,889$4,428,215$3,394,043$8,230,414
67$11,162,407$4,553,000$3,415,546$8,859,605
68$12,205,871$4,680,995$3,434,865$9,546,979
69$13,352,772$4,812,267$3,451,836$10,298,306
70$14,613,568$4,946,881$3,466,285$11,119,944
71$15,999,777$5,084,903$3,478,031$12,018,893
72$17,524,092$5,226,401$3,486,882$13,002,865
73$19,200,495$5,371,441$3,492,639$14,080,351
74$21,044,394$5,520,089$3,495,090$15,260,709
75$23,072,761$5,672,413$3,494,015$16,554,241
76$25,304,300$5,828,479$3,489,182$17,972,300
77$27,759,617$5,988,352$3,480,348$19,527,391
78$30,461,416$6,152,100$3,467,258$21,233,290
79$33,434,714$6,319,786$3,449,644$23,105,173
80$36,707,074$6,491,474$3,427,226$25,159,758
81$40,308,868$6,667,230$3,399,711$27,415,467
82$44,273,562$6,847,113$3,366,791$29,892,593
83$48,638,031$7,031,187$3,328,144$32,613,496
84$53,442,905$7,219,510$3,283,432$35,602,809
85$58,732,956$7,412,141$3,232,301$38,887,675
86$64,557,516$7,609,135$3,174,382$42,497,999
87$70,970,946$7,810,546$3,109,288$46,466,733
88$78,033,146$8,016,426$3,036,612$50,830,182
89$85,810,120$8,226,824$2,955,932$55,628,351
90$94,374,600$8,441,786$2,866,803$60,905,319
91$103,806,730$8,661,353$2,768,761$66,709,655
92$114,194,823$8,885,567$2,661,322$73,094,880
93$125,636,196$9,114,460$2,543,977$80,119,964
94$138,238,084$9,348,065$2,416,196$87,849,889
95$152,118,655$9,586,407$2,277,425$96,356,259
96$167,408,123$9,829,506$2,127,084$105,717,977
97$184,249,978$10,077,378$1,964,568$116,021,987
98$202,802,339$10,330,033$1,789,244$127,364,096
99$223,239,444$10,587,471$1,600,451$139,849,879
100$245,753,299$10,849,689$1,397,497$153,595,672