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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.7%
1 years$238,653$236,528$234,454$232,429$230,453$224,154
2 years$118,145$115,945$113,812$111,745$109,739$103,440
3 years$77,981$75,771$73,644$71,596$69,623$63,520
4 years$57,903$55,700$53,594$51,581$49,656$43,795
5 years$45,859$43,669$41,591$39,619$37,748$32,146
6 years$37,833$35,659$33,612$31,684$29,868$24,531
7 years$32,102$29,947$27,932$26,049$24,291$19,219
8 years$27,805$25,670$23,688$21,852$20,152$15,341
9 years$24,466$22,350$20,403$18,613$16,971$12,418
10 years$21,795$19,701$17,788$16,044$14,460$10,158
11 years$19,612$17,538$15,660$13,964$12,436$8,379
12 years$17,794$15,741$13,898$12,248$10,777$6,957
13 years$16,257$14,226$12,417$10,813$9,398$5,807
14 years$14,940$12,931$11,156$9,599$8,238$4,868
15 years$13,800$11,812$10,073$8,560$7,253$4,095
16 years$12,804$10,838$9,132$7,665$6,410$3,455
17 years$11,925$9,981$8,310$6,887$5,684$2,922
18 years$11,146$9,223$7,586$6,206$5,054$2,476
19 years$10,449$8,548$6,945$5,608$4,505$2,102
20 years$9,822$7,943$6,374$5,079$4,024$1,787
21 years$9,256$7,399$5,862$4,610$3,601$1,521
22 years$8,742$6,906$5,403$4,191$3,228$1,296
23 years$8,274$6,459$4,989$3,817$2,897$1,105
24 years$7,845$6,052$4,614$3,481$2,604$943
25 years$7,451$5,679$4,273$3,179$2,343$805
26 years$7,088$5,338$3,963$2,907$2,111$688
27 years$6,752$5,024$3,680$2,661$1,903$588
28 years$6,441$4,734$3,421$2,438$1,717$502
29 years$6,152$4,466$3,184$2,236$1,551$430
30 years$5,883$4,217$2,966$2,052$1,401$368
31 years$5,631$3,987$2,765$1,884$1,267$315
32 years$5,396$3,772$2,580$1,732$1,146$269
33 years$5,176$3,572$2,409$1,593$1,037$230
34 years$4,968$3,386$2,250$1,465$939$197
35 years$4,774$3,211$2,104$1,349$850$169
36 years$4,590$3,048$1,968$1,242$770$145
37 years$4,417$2,895$1,842$1,145$698$124
38 years$4,253$2,751$1,725$1,055$633$106
39 years$4,098$2,616$1,616$973$574$91
40 years$3,951$2,489$1,515$897$521$78
41 years$3,812$2,369$1,421$828$472$67
42 years$3,679$2,257$1,332$764$429$57
43 years$3,554$2,150$1,250$705$389$49
44 years$3,434$2,049$1,174$651$353$42
45 years$3,320$1,954$1,102$601$321$36
46 years$3,211$1,864$1,035$555$291$31
47 years$3,107$1,779$972$513$264$26
48 years$3,007$1,698$914$474$240$23
49 years$2,913$1,622$859$438$218$19
50 years$2,822$1,549$808$405$198$17

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 $6,539 every year, while hoping to spend $51,374 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: 44/47/9 Blend
51$2,890,000$2,890,000$2,890,000$2,890,000
52$3,191,525$3,038,355$2,993,560$3,323,474
53$3,462,399$3,132,573$3,039,183$3,509,867
54$3,759,180$3,229,686$3,084,612$3,705,997
55$4,084,457$3,329,781$3,129,787$3,917,395
56$4,441,080$3,432,948$3,174,643$4,145,482
57$4,832,189$3,539,282$3,219,113$4,391,819
58$5,261,242$3,648,876$3,263,123$4,658,123
59$5,732,048$3,761,830$3,306,596$4,946,283
60$6,248,802$3,878,244$3,349,452$5,258,376
61$6,816,125$3,998,224$3,391,604$5,596,686
62$7,439,109$4,121,876$3,432,962$5,963,725
63$8,123,360$4,249,310$3,473,428$6,362,260
64$8,875,058$4,380,641$3,512,903$6,795,331
65$9,701,006$4,515,985$3,551,278$7,266,287
66$10,608,704$4,655,463$3,588,440$7,778,812
67$11,606,409$4,799,199$3,624,271$8,336,961
68$12,703,222$4,947,319$3,658,644$8,945,197
69$13,909,169$5,099,956$3,691,426$9,608,435
70$15,235,294$5,257,243$3,722,479$10,332,083
71$16,693,767$5,419,321$3,751,654$11,122,097
72$18,297,994$5,586,331$3,778,798$11,985,034
73$20,062,749$5,758,421$3,803,748$12,928,115
74$22,004,308$5,935,741$3,826,331$13,959,289
75$24,140,603$6,118,448$3,846,369$15,087,314
76$26,491,393$6,306,701$3,863,671$16,321,830
77$29,078,450$6,500,664$3,878,039$17,673,458
78$31,925,762$6,700,507$3,889,263$19,153,892
79$35,059,762$6,906,404$3,897,125$20,776,016
80$38,509,572$7,118,533$3,901,394$22,554,017
81$42,307,286$7,337,078$3,901,828$24,503,524
82$46,488,263$7,562,229$3,898,173$26,641,753
83$51,091,467$7,794,179$3,890,164$28,987,669
84$56,159,833$8,033,130$3,877,520$31,562,161
85$61,740,668$8,279,285$3,859,949$34,388,243
86$67,886,103$8,532,857$3,837,144$37,491,269
87$74,653,581$8,794,062$3,808,784$40,899,167
88$82,106,399$9,063,124$3,774,531$44,642,710
89$90,314,306$9,340,272$3,734,032$48,755,797
90$99,354,161$9,625,741$3,686,918$53,275,777
91$109,310,657$9,919,774$3,632,802$58,243,801
92$120,277,120$10,222,619$3,571,277$63,705,206
93$132,356,391$10,534,532$3,501,919$69,709,943
94$145,661,795$10,855,776$3,424,285$76,313,051
95$160,318,208$11,186,619$3,337,908$83,575,169
96$176,463,241$11,527,340$3,242,304$91,563,115
97$194,248,534$11,878,221$3,136,964$100,350,508
98$213,841,187$12,239,557$3,021,355$110,018,468
99$235,425,339$12,611,646$2,894,921$120,656,375
100$259,203,903$12,994,796$2,757,080$132,362,717