Can I retire at age 52 with 2,880,000?

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 $2,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$237,828$235,709$233,642$231,625$229,655$224,468
2 years$117,736$115,544$113,419$111,358$109,360$104,162
3 years$77,711$75,509$73,389$71,348$69,382$64,335
4 years$57,703$55,507$53,409$51,402$49,484$44,627
5 years$45,701$43,518$41,447$39,482$37,617$32,964
6 years$37,702$35,536$33,496$31,574$29,765$25,321
7 years$31,991$29,843$27,835$25,959$24,207$19,972
8 years$27,709$25,581$23,606$21,776$20,082$16,055
9 years$24,381$22,273$20,332$18,548$16,912$13,090
10 years$21,720$19,632$17,726$15,989$14,410$10,789
11 years$19,544$17,478$15,606$13,915$12,393$8,968
12 years$17,732$15,687$13,850$12,205$10,739$7,505
13 years$16,200$14,176$12,374$10,776$9,365$6,315
14 years$14,888$12,886$11,118$9,565$8,209$5,337
15 years$13,752$11,772$10,038$8,531$7,228$4,528
16 years$12,759$10,800$9,101$7,638$6,388$3,853
17 years$11,884$9,947$8,281$6,863$5,664$3,287
18 years$11,107$9,191$7,560$6,185$5,036$2,810
19 years$10,413$8,518$6,921$5,589$4,489$2,407
20 years$9,788$7,916$6,351$5,062$4,010$2,065
21 years$9,224$7,373$5,842$4,594$3,588$1,774
22 years$8,712$6,882$5,384$4,177$3,216$1,525
23 years$8,245$6,437$4,972$3,804$2,887$1,313
24 years$7,818$6,031$4,598$3,469$2,595$1,131
25 years$7,425$5,660$4,259$3,168$2,335$975
26 years$7,063$5,319$3,950$2,897$2,103$841
27 years$6,729$5,006$3,668$2,652$1,896$726
28 years$6,419$4,717$3,409$2,429$1,711$627
29 years$6,131$4,450$3,173$2,228$1,545$541
30 years$5,862$4,203$2,955$2,045$1,396$468
31 years$5,612$3,973$2,755$1,878$1,262$404
32 years$5,377$3,759$2,571$1,726$1,142$349
33 years$5,158$3,560$2,400$1,587$1,033$302
34 years$4,951$3,374$2,243$1,460$936$261
35 years$4,757$3,200$2,097$1,344$847$226
36 years$4,574$3,038$1,961$1,238$768$195
37 years$4,401$2,885$1,836$1,141$696$169
38 years$4,238$2,742$1,719$1,051$631$146
39 years$4,084$2,607$1,611$969$572$127
40 years$3,937$2,480$1,510$894$519$110
41 years$3,799$2,361$1,416$825$471$95
42 years$3,667$2,249$1,328$761$427$82
43 years$3,541$2,143$1,246$703$388$71
44 years$3,422$2,042$1,170$649$352$61
45 years$3,308$1,948$1,098$599$319$53
46 years$3,200$1,858$1,031$554$290$46
47 years$3,096$1,773$969$511$263$40
48 years$2,997$1,693$911$473$239$35
49 years$2,902$1,616$856$437$217$30
50 years$2,812$1,544$805$404$197$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,880,000, adding $2,658 every year, while hoping to spend $37,506 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: 62/28/10 Blend
51$2,880,000$2,880,000$2,880,000$2,880,000
52$3,176,502$3,023,862$2,979,222$3,366,164
53$3,460,599$3,132,125$3,039,120$3,601,685
54$3,772,417$3,244,436$3,099,767$3,854,088
55$4,114,743$3,360,953$3,161,149$4,128,651
56$4,490,650$3,481,843$3,223,251$4,427,519
57$4,903,520$3,607,276$3,286,053$4,753,052
58$5,357,079$3,737,433$3,349,535$5,107,846
59$5,855,433$3,872,499$3,413,677$5,494,760
60$6,403,105$4,012,670$3,478,453$5,916,939
61$7,005,078$4,158,147$3,543,838$6,377,843
62$7,666,841$4,309,141$3,609,801$6,881,283
63$8,394,442$4,465,872$3,676,313$7,431,452
64$9,194,544$4,628,569$3,743,339$8,032,966
65$10,074,489$4,797,470$3,810,842$8,690,907
66$11,042,364$4,972,824$3,878,782$9,410,871
67$12,107,081$5,154,888$3,947,118$10,199,018
68$13,278,459$5,343,933$4,015,802$11,062,131
69$14,567,316$5,540,240$4,084,785$12,007,679
70$15,985,571$5,744,101$4,154,014$13,043,886
71$17,546,359$5,955,821$4,223,433$14,179,811
72$19,264,150$6,175,719$4,292,981$15,425,427
73$21,154,890$6,404,126$4,362,592$16,791,720
74$23,236,148$6,641,387$4,432,198$18,290,789
75$25,527,284$6,887,864$4,501,725$19,935,958
76$28,049,628$7,143,930$4,571,094$21,741,906
77$30,826,686$7,409,978$4,640,222$23,724,797
78$33,884,357$7,686,417$4,709,019$25,902,439
79$37,251,182$7,973,672$4,777,391$28,294,446
80$40,958,607$8,272,186$4,845,238$30,922,425
81$45,041,286$8,582,424$4,912,455$33,810,177
82$49,537,402$8,904,868$4,978,927$36,983,922
83$54,489,032$9,240,021$5,044,536$40,472,544
84$59,942,541$9,588,410$5,109,155$44,307,863
85$65,949,020$9,950,582$5,172,652$48,524,933
86$72,564,769$10,327,109$5,234,884$53,162,375
87$79,851,826$10,718,588$5,295,704$58,262,735
88$87,878,554$11,125,641$5,354,952$63,872,890
89$96,720,287$11,548,918$5,412,463$70,044,483
90$106,460,037$11,989,096$5,468,062$76,834,414
91$117,189,282$12,446,882$5,521,563$84,305,371
92$129,008,824$12,923,016$5,572,771$92,526,426
93$142,029,747$13,418,266$5,621,481$101,573,678
94$156,374,457$13,933,437$5,667,477$111,530,977
95$172,177,845$14,469,368$5,710,530$122,490,707
96$189,588,554$15,026,936$5,750,402$134,554,660
97$208,770,384$15,607,054$5,786,838$147,834,996
98$229,903,842$16,210,678$5,819,576$162,455,294
99$253,187,836$16,838,804$5,848,334$178,551,723
100$278,841,563$17,492,473$5,872,821$196,274,322