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%11.7%
1 years$238,653$236,528$234,454$232,429$230,453$228,809
2 years$118,145$115,945$113,812$111,745$109,739$108,082
3 years$77,981$75,771$73,644$71,596$69,623$68,003
4 years$57,903$55,700$53,594$51,581$49,656$48,086
5 years$45,859$43,669$41,591$39,619$37,748$36,232
6 years$37,833$35,659$33,612$31,684$29,868$28,409
7 years$32,102$29,947$27,932$26,049$24,291$22,889
8 years$27,805$25,670$23,688$21,852$20,152$18,807
9 years$24,466$22,350$20,403$18,613$16,971$15,683
10 years$21,795$19,701$17,788$16,044$14,460$13,229
11 years$19,612$17,538$15,660$13,964$12,436$11,260
12 years$17,794$15,741$13,898$12,248$10,777$9,655
13 years$16,257$14,226$12,417$10,813$9,398$8,329
14 years$14,940$12,931$11,156$9,599$8,238$7,222
15 years$13,800$11,812$10,073$8,560$7,253$6,288
16 years$12,804$10,838$9,132$7,665$6,410$5,494
17 years$11,925$9,981$8,310$6,887$5,684$4,815
18 years$11,146$9,223$7,586$6,206$5,054$4,231
19 years$10,449$8,548$6,945$5,608$4,505$3,726
20 years$9,822$7,943$6,374$5,079$4,024$3,288
21 years$9,256$7,399$5,862$4,610$3,601$2,906
22 years$8,742$6,906$5,403$4,191$3,228$2,572
23 years$8,274$6,459$4,989$3,817$2,897$2,280
24 years$7,845$6,052$4,614$3,481$2,604$2,023
25 years$7,451$5,679$4,273$3,179$2,343$1,797
26 years$7,088$5,338$3,963$2,907$2,111$1,598
27 years$6,752$5,024$3,680$2,661$1,903$1,421
28 years$6,441$4,734$3,421$2,438$1,717$1,265
29 years$6,152$4,466$3,184$2,236$1,551$1,127
30 years$5,883$4,217$2,966$2,052$1,401$1,005
31 years$5,631$3,987$2,765$1,884$1,267$896
32 years$5,396$3,772$2,580$1,732$1,146$799
33 years$5,176$3,572$2,409$1,593$1,037$713
34 years$4,968$3,386$2,250$1,465$939$637
35 years$4,774$3,211$2,104$1,349$850$569
36 years$4,590$3,048$1,968$1,242$770$508
37 years$4,417$2,895$1,842$1,145$698$454
38 years$4,253$2,751$1,725$1,055$633$406
39 years$4,098$2,616$1,616$973$574$363
40 years$3,951$2,489$1,515$897$521$324
41 years$3,812$2,369$1,421$828$472$290
42 years$3,679$2,257$1,332$764$429$259
43 years$3,554$2,150$1,250$705$389$232
44 years$3,434$2,049$1,174$651$353$207
45 years$3,320$1,954$1,102$601$321$185
46 years$3,211$1,864$1,035$555$291$166
47 years$3,107$1,779$972$513$264$148
48 years$3,007$1,698$914$474$240$133
49 years$2,913$1,622$859$438$218$119
50 years$2,822$1,549$808$405$198$106

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 $4,406 every year, while hoping to spend $47,182 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: 53/23/24 Blend
51$2,890,000$2,890,000$2,890,000$2,890,000
52$3,189,325$3,036,155$2,991,360$3,336,934
53$3,464,435$3,134,725$3,041,369$3,537,817
54$3,766,024$3,236,544$3,091,472$3,751,073
55$4,096,745$3,341,721$3,141,623$3,982,169
56$4,459,517$3,450,369$3,191,771$4,232,825
57$4,857,556$3,562,605$3,241,863$4,504,935
58$5,294,404$3,678,551$3,291,844$4,800,584
59$5,773,965$3,798,331$3,341,652$5,122,065
60$6,300,536$3,922,076$3,391,224$5,471,906
61$6,878,852$4,049,919$3,440,492$5,852,887
62$7,514,130$4,182,001$3,489,383$6,268,070
63$8,212,116$4,318,463$3,537,822$6,720,828
64$8,979,141$4,459,456$3,585,728$7,214,875
65$9,822,177$4,605,134$3,633,014$7,754,298
66$10,748,909$4,755,655$3,679,589$8,343,602
67$11,767,801$4,911,185$3,725,359$8,987,747
68$12,888,178$5,071,896$3,770,220$9,692,196
69$14,120,317$5,237,962$3,814,067$10,462,966
70$15,475,535$5,409,569$3,856,784$11,306,685
71$16,966,307$5,586,905$3,898,254$12,230,654
72$18,606,375$5,770,168$3,938,349$13,242,915
73$20,410,878$5,959,559$3,976,937$14,352,329
74$22,396,500$6,155,290$4,013,878$15,568,654
75$24,581,623$6,357,579$4,049,022$16,902,643
76$26,986,500$6,566,652$4,082,216$18,366,141
77$29,633,447$6,782,742$4,113,294$19,972,198
78$32,547,054$7,006,091$4,142,084$21,735,192
79$35,754,415$7,236,951$4,168,406$23,670,964
80$39,285,385$7,475,581$4,192,067$25,796,965
81$43,172,860$7,722,251$4,212,868$28,132,426
82$47,453,090$7,977,240$4,230,597$30,698,531
83$52,166,016$8,240,835$4,245,032$33,518,627
84$57,355,651$8,513,337$4,255,942$36,618,431
85$63,070,492$8,795,056$4,263,081$40,026,286
86$69,363,981$9,086,313$4,266,194$43,773,418
87$76,295,006$9,387,440$4,265,009$47,894,235
88$83,928,456$9,698,784$4,259,246$52,426,649
89$92,335,835$10,020,702$4,248,608$57,412,437
90$101,595,938$10,353,563$4,232,784$62,897,631
91$111,795,589$10,697,753$4,211,448$68,932,955
92$123,030,466$11,053,670$4,184,258$75,574,303
93$135,406,000$11,421,726$4,150,857$82,883,262
94$149,038,370$11,802,350$4,110,869$90,927,700
95$164,055,603$12,195,983$4,063,902$99,782,401
96$180,598,776$12,603,088$4,009,545$109,529,772
97$198,823,352$13,024,140$3,947,365$120,260,623
98$218,900,645$13,459,634$3,876,913$132,075,017
99$241,019,437$13,910,082$3,797,716$145,083,223
100$265,387,759$14,376,017$3,709,279$159,406,749