Can I retire at age 52 with 2,890,000?

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 $2,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$238,653$236,528$234,454$232,429$230,453$222,808
2 years$118,145$115,945$113,812$111,745$109,739$102,112
3 years$77,981$75,771$73,644$71,596$69,623$62,252
4 years$57,903$55,700$53,594$51,581$49,656$42,598
5 years$45,859$43,669$41,591$39,619$37,748$31,021
6 years$37,833$35,659$33,612$31,684$29,868$23,479
7 years$32,102$29,947$27,932$26,049$24,291$18,238
8 years$27,805$25,670$23,688$21,852$20,152$14,430
9 years$24,466$22,350$20,403$18,613$16,971$11,574
10 years$21,795$19,701$17,788$16,044$14,460$9,380
11 years$19,612$17,538$15,660$13,964$12,436$7,663
12 years$17,794$15,741$13,898$12,248$10,777$6,299
13 years$16,257$14,226$12,417$10,813$9,398$5,205
14 years$14,940$12,931$11,156$9,599$8,238$4,318
15 years$13,800$11,812$10,073$8,560$7,253$3,594
16 years$12,804$10,838$9,132$7,665$6,410$3,000
17 years$11,925$9,981$8,310$6,887$5,684$2,509
18 years$11,146$9,223$7,586$6,206$5,054$2,103
19 years$10,449$8,548$6,945$5,608$4,505$1,765
20 years$9,822$7,943$6,374$5,079$4,024$1,483
21 years$9,256$7,399$5,862$4,610$3,601$1,248
22 years$8,742$6,906$5,403$4,191$3,228$1,051
23 years$8,274$6,459$4,989$3,817$2,897$885
24 years$7,845$6,052$4,614$3,481$2,604$747
25 years$7,451$5,679$4,273$3,179$2,343$630
26 years$7,088$5,338$3,963$2,907$2,111$532
27 years$6,752$5,024$3,680$2,661$1,903$449
28 years$6,441$4,734$3,421$2,438$1,717$379
29 years$6,152$4,466$3,184$2,236$1,551$320
30 years$5,883$4,217$2,966$2,052$1,401$271
31 years$5,631$3,987$2,765$1,884$1,267$229
32 years$5,396$3,772$2,580$1,732$1,146$193
33 years$5,176$3,572$2,409$1,593$1,037$163
34 years$4,968$3,386$2,250$1,465$939$138
35 years$4,774$3,211$2,104$1,349$850$117
36 years$4,590$3,048$1,968$1,242$770$99
37 years$4,417$2,895$1,842$1,145$698$84
38 years$4,253$2,751$1,725$1,055$633$71
39 years$4,098$2,616$1,616$973$574$60
40 years$3,951$2,489$1,515$897$521$51
41 years$3,812$2,369$1,421$828$472$43
42 years$3,679$2,257$1,332$764$429$36
43 years$3,554$2,150$1,250$705$389$31
44 years$3,434$2,049$1,174$651$353$26
45 years$3,320$1,954$1,102$601$321$22
46 years$3,211$1,864$1,035$555$291$19
47 years$3,107$1,779$972$513$264$16
48 years$3,007$1,698$914$474$240$13
49 years$2,913$1,622$859$438$218$11
50 years$2,822$1,549$808$405$198$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,890,000, adding $6,817 every year, while hoping to spend $38,093 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: 48/28/24 Blend
51$2,890,000$2,890,000$2,890,000$2,890,000
52$3,191,812$3,038,642$2,993,847$3,322,947
53$3,476,846$3,147,005$3,053,610$3,523,734
54$3,789,677$3,259,400$3,114,099$3,737,316
55$4,133,100$3,375,987$3,175,297$3,968,489
56$4,510,193$3,496,927$3,237,186$4,218,927
57$4,924,349$3,622,393$3,299,748$4,490,467
58$5,379,303$3,752,561$3,362,960$4,785,134
59$5,879,172$3,887,616$3,426,799$5,105,153
60$6,428,489$4,027,751$3,491,239$5,452,973
61$7,032,251$4,173,167$3,556,251$5,831,288
62$7,695,960$4,324,072$3,621,805$6,243,063
63$8,425,680$4,480,683$3,687,868$6,691,561
64$9,228,090$4,643,227$3,754,402$7,180,373
65$10,110,550$4,811,940$3,821,369$7,713,451
66$11,081,169$4,987,068$3,888,728$8,295,146
67$12,148,880$5,168,866$3,956,432$8,930,249
68$13,323,527$5,357,602$4,024,434$9,624,032
69$14,615,954$5,553,552$4,092,680$10,382,301
70$16,038,113$5,757,007$4,161,116$11,211,448
71$17,603,168$5,968,268$4,229,681$12,118,511
72$19,325,628$6,187,650$4,298,312$13,111,241
73$21,221,477$6,415,480$4,366,941$14,198,173
74$23,308,329$6,652,100$4,435,495$15,388,706
75$25,605,591$6,897,866$4,503,896$16,693,192
76$28,134,648$7,153,148$4,572,063$18,123,030
77$30,919,063$7,418,333$4,639,909$19,690,777
78$33,984,801$7,693,825$4,707,339$21,410,263
79$37,360,472$7,980,044$4,774,256$23,296,720
80$41,077,602$8,277,428$4,840,556$25,366,928
81$45,170,930$8,586,434$4,906,127$27,639,369
82$49,678,735$8,907,539$4,970,852$30,134,402
83$54,643,197$9,241,239$5,034,607$32,874,454
84$60,110,797$9,588,054$5,097,260$35,884,232
85$66,132,753$9,948,524$5,158,673$39,190,952
86$72,765,505$10,323,212$5,218,699$42,824,598
87$80,071,244$10,712,707$5,277,184$46,818,202
88$88,118,504$11,117,623$5,333,962$51,208,155
89$96,982,804$11,538,599$5,388,863$56,034,549
90$106,747,364$11,976,304$5,441,703$61,341,555
91$117,503,886$12,431,434$5,492,291$67,177,839
92$129,353,425$12,904,717$5,540,425$73,597,016
93$142,407,337$13,396,911$5,585,893$80,658,161
94$156,788,334$13,908,808$5,628,469$88,426,360
95$172,631,639$14,441,235$5,667,918$96,973,327
96$190,086,265$14,995,054$5,703,991$106,378,073
97$209,316,418$15,571,166$5,736,429$116,727,658
98$230,503,049$16,170,509$5,764,956$128,118,007
99$253,845,561$16,794,066$5,789,283$140,654,812
100$279,563,693$17,442,859$5,809,109$154,454,533