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%17.7%
1 years$234,525$232,436$230,397$228,408$226,466$219,392
2 years$116,101$113,939$111,843$109,812$107,841$100,777
3 years$76,632$74,460$72,370$70,357$68,419$61,587
4 years$56,901$54,736$52,667$50,689$48,797$42,249
5 years$45,066$42,914$40,872$38,934$37,094$30,848
6 years$37,178$35,042$33,030$31,136$29,352$23,412
7 years$31,546$29,429$27,448$25,598$23,871$18,238
8 years$27,324$25,226$23,278$21,474$19,803$14,473
9 years$24,042$21,964$20,050$18,291$16,677$11,644
10 years$21,418$19,360$17,480$15,767$14,210$9,466
11 years$19,273$17,235$15,389$13,722$12,221$7,758
12 years$17,486$15,469$13,657$12,036$10,590$6,399
13 years$15,975$13,980$12,202$10,626$9,235$5,305
14 years$14,682$12,707$10,963$9,433$8,095$4,417
15 years$13,561$11,608$9,899$8,412$7,128$3,689
16 years$12,582$10,650$8,974$7,532$6,300$3,090
17 years$11,719$9,808$8,166$6,768$5,586$2,595
18 years$10,953$9,063$7,455$6,099$4,966$2,183
19 years$10,268$8,400$6,825$5,511$4,427$1,839
20 years$9,652$7,806$6,263$4,991$3,954$1,551
21 years$9,096$7,271$5,761$4,530$3,538$1,310
22 years$8,591$6,787$5,310$4,119$3,172$1,107
23 years$8,131$6,348$4,903$3,751$2,847$937
24 years$7,709$5,947$4,534$3,421$2,559$793
25 years$7,322$5,581$4,199$3,124$2,303$672
26 years$6,965$5,245$3,895$2,857$2,074$569
27 years$6,635$4,937$3,617$2,615$1,870$483
28 years$6,330$4,652$3,362$2,396$1,687$409
29 years$6,046$4,388$3,129$2,197$1,524$347
30 years$5,781$4,144$2,914$2,016$1,377$295
31 years$5,534$3,918$2,717$1,852$1,245$250
32 years$5,303$3,707$2,535$1,702$1,126$212
33 years$5,086$3,511$2,367$1,565$1,019$180
34 years$4,882$3,327$2,211$1,440$923$153
35 years$4,691$3,156$2,068$1,326$836$130
36 years$4,511$2,995$1,934$1,221$757$110
37 years$4,340$2,845$1,810$1,125$686$94
38 years$4,179$2,704$1,695$1,037$622$80
39 years$4,027$2,571$1,588$956$564$68
40 years$3,883$2,446$1,489$882$512$57
41 years$3,746$2,328$1,396$813$464$49
42 years$3,616$2,217$1,309$751$421$41
43 years$3,492$2,113$1,229$693$382$35
44 years$3,374$2,014$1,153$640$347$30
45 years$3,262$1,920$1,083$591$315$25
46 years$3,155$1,832$1,017$546$286$22
47 years$3,053$1,748$956$504$260$18
48 years$2,955$1,669$898$466$236$16
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 $4,700 every year, while hoping to spend $36,919 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: 54/39/7 Blend
51$2,840,000$2,840,000$2,840,000$2,840,000
52$3,134,528$2,984,008$2,939,988$3,298,405
53$3,414,968$3,090,943$2,999,196$3,516,698
54$3,722,776$3,201,880$3,059,150$3,749,686
55$4,060,704$3,316,977$3,119,837$4,002,356
56$4,431,784$3,436,397$3,181,239$4,276,577
57$4,839,356$3,560,311$3,243,341$4,574,406
58$5,287,100$3,688,895$3,306,122$4,898,104
59$5,779,069$3,822,336$3,369,562$5,250,156
60$6,319,728$3,960,824$3,433,636$5,633,298
61$6,913,997$4,104,561$3,498,320$6,050,537
62$7,567,295$4,253,756$3,563,584$6,505,182
63$8,285,594$4,408,625$3,629,399$7,000,872
64$9,075,473$4,569,395$3,695,732$7,541,614
65$9,944,178$4,736,303$3,762,546$8,131,814
66$10,899,697$4,909,594$3,829,804$8,776,322
67$11,950,826$5,089,524$3,897,462$9,480,475
68$13,107,260$5,276,361$3,965,477$10,250,150
69$14,379,680$5,470,382$4,033,801$11,091,812
70$15,779,855$5,671,878$4,102,380$12,012,579
71$17,320,751$5,881,151$4,171,161$13,020,287
72$19,016,656$6,098,516$4,240,083$14,123,564
73$20,883,313$6,324,301$4,309,084$15,331,908
74$22,938,068$6,558,849$4,378,095$16,655,776
75$25,200,035$6,802,516$4,447,045$18,106,684
76$27,690,274$7,055,676$4,515,857$19,697,311
77$30,431,993$7,318,714$4,584,449$21,441,620
78$33,450,762$7,592,037$4,652,734$23,354,988
79$36,774,759$7,876,066$4,720,620$25,454,348
80$40,435,032$8,171,241$4,788,008$27,758,349
81$44,465,794$8,478,021$4,854,795$30,287,533
82$48,904,746$8,796,884$4,920,871$33,064,520
83$53,793,428$9,128,330$4,986,119$36,114,228
84$59,177,619$9,472,879$5,050,415$39,464,103
85$65,107,761$9,831,075$5,113,629$43,144,374
86$71,639,439$10,203,485$5,175,622$47,188,342
87$78,833,906$10,590,699$5,236,249$51,632,688
88$86,758,655$10,993,334$5,295,355$56,517,818
89$95,488,066$11,412,036$5,352,777$61,888,245
90$105,104,097$11,847,474$5,408,343$67,793,004
91$115,697,066$12,300,351$5,461,873$74,286,115
92$127,366,496$12,771,397$5,513,176$81,427,089
93$140,222,061$13,261,378$5,562,049$89,281,487
94$154,384,614$13,771,089$5,608,281$97,921,540
95$169,987,336$14,301,363$5,651,649$107,426,823
96$187,176,982$14,853,068$5,691,918$117,885,008
97$206,115,278$15,427,111$5,728,840$129,392,686
98$226,980,436$16,024,440$5,762,156$142,056,278
99$249,968,844$16,646,041$5,791,592$155,993,035
100$275,296,917$17,292,948$5,816,861$171,332,143