Can I retire at age 52 with 2,900,000?

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 $2,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$239,479$237,346$235,265$233,234$231,250$229,312
2 years$118,554$116,346$114,206$112,132$110,119$108,166
3 years$78,251$76,033$73,899$71,844$69,864$67,957
4 years$58,103$55,893$53,780$51,759$49,828$47,980
5 years$46,018$43,821$41,735$39,756$37,878$36,096
6 years$37,964$35,783$33,728$31,793$29,972$28,257
7 years$32,213$30,050$28,028$26,139$24,375$22,729
8 years$27,902$25,759$23,770$21,927$20,221$18,644
9 years$24,550$22,428$20,473$18,677$17,029$15,520
10 years$21,871$19,769$17,849$16,100$14,510$13,067
11 years$19,680$17,599$15,714$14,012$12,479$11,102
12 years$17,855$15,796$13,946$12,290$10,814$9,502
13 years$16,313$14,275$12,460$10,850$9,430$8,181
14 years$14,992$12,975$11,195$9,632$8,266$7,079
15 years$13,848$11,853$10,108$8,590$7,278$6,151
16 years$12,848$10,875$9,164$7,691$6,433$5,364
17 years$11,967$10,016$8,339$6,911$5,704$4,691
18 years$11,184$9,255$7,612$6,228$5,071$4,113
19 years$10,485$8,577$6,969$5,627$4,520$3,615
20 years$9,856$7,970$6,396$5,097$4,038$3,183
21 years$9,288$7,424$5,883$4,626$3,613$2,807
22 years$8,772$6,930$5,422$4,206$3,239$2,479
23 years$8,302$6,482$5,006$3,830$2,907$2,192
24 years$7,872$6,073$4,630$3,493$2,613$1,941
25 years$7,477$5,699$4,288$3,190$2,351$1,720
26 years$7,112$5,356$3,977$2,917$2,118$1,525
27 years$6,776$5,041$3,693$2,670$1,910$1,354
28 years$6,463$4,750$3,433$2,446$1,723$1,202
29 years$6,173$4,481$3,195$2,243$1,556$1,069
30 years$5,903$4,232$2,976$2,059$1,406$950
31 years$5,651$4,001$2,774$1,891$1,271$845
32 years$5,415$3,785$2,588$1,738$1,150$752
33 years$5,193$3,585$2,417$1,598$1,040$670
34 years$4,986$3,398$2,258$1,470$942$596
35 years$4,790$3,223$2,111$1,354$853$531
36 years$4,606$3,059$1,975$1,247$773$473
37 years$4,432$2,905$1,849$1,149$701$422
38 years$4,268$2,761$1,731$1,059$635$376
39 years$4,112$2,625$1,622$976$576$335
40 years$3,965$2,498$1,520$900$522$299
41 years$3,825$2,378$1,425$831$474$267
42 years$3,692$2,264$1,337$767$430$238
43 years$3,566$2,157$1,255$708$390$212
44 years$3,446$2,056$1,178$653$354$189
45 years$3,331$1,961$1,106$603$322$169
46 years$3,222$1,871$1,039$557$292$151
47 years$3,118$1,785$976$515$265$134
48 years$3,018$1,704$917$476$241$120
49 years$2,923$1,628$862$440$219$107
50 years$2,831$1,555$810$406$199$96

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,900,000, adding $5,597 every year, while hoping to spend $44,620 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: 48/27/25 Blend
51$2,900,000$2,900,000$2,900,000$2,900,000
52$3,201,573$3,047,873$3,002,923$3,332,226
53$3,480,658$3,149,744$3,056,046$3,526,187
54$3,786,715$3,255,110$3,109,453$3,731,826
55$4,122,446$3,364,097$3,163,106$3,954,254
56$4,490,831$3,476,834$3,216,965$4,195,074
57$4,895,150$3,593,453$3,270,988$4,456,046
58$5,339,017$3,714,093$3,325,127$4,739,111
59$5,826,411$3,838,898$3,379,334$5,046,400
60$6,361,719$3,968,018$3,433,555$5,380,264
61$6,949,769$4,101,606$3,487,734$5,743,285
62$7,595,885$4,239,824$3,541,812$6,138,309
63$8,305,927$4,382,837$3,595,725$6,568,468
64$9,086,354$4,530,818$3,649,404$7,037,208
65$9,944,281$4,683,948$3,702,778$7,548,327
66$10,887,547$4,842,410$3,755,771$8,106,004
67$11,924,788$5,006,400$3,808,300$8,714,840
68$13,065,519$5,176,116$3,860,281$9,379,903
69$14,320,224$5,351,767$3,911,622$10,106,774
70$15,700,451$5,533,569$3,962,226$10,901,600
71$17,218,929$5,721,745$4,011,992$11,771,147
72$18,889,677$5,916,528$4,060,812$12,722,873
73$20,728,146$6,118,160$4,108,571$13,764,988
74$22,751,358$6,326,891$4,155,149$14,906,536
75$24,978,070$6,542,982$4,200,419$16,157,480
76$27,428,947$6,766,702$4,244,248$17,528,793
77$30,126,762$6,998,332$4,286,492$19,032,564
78$33,096,606$7,238,165$4,327,004$20,682,110
79$36,366,127$7,486,502$4,365,626$22,492,100
80$39,965,789$7,743,658$4,402,192$24,478,696
81$43,929,162$8,009,960$4,436,527$26,659,702
82$48,293,235$8,285,747$4,468,450$29,054,732
83$53,098,768$8,571,371$4,497,765$31,685,398
84$58,390,673$8,867,199$4,524,271$34,575,508
85$64,218,441$9,173,611$4,547,754$37,751,292
86$70,636,607$9,491,003$4,567,988$41,241,653
87$77,705,264$9,819,785$4,584,739$45,078,432
88$85,490,631$10,160,385$4,597,758$49,296,715
89$94,065,678$10,513,246$4,606,786$53,935,158
90$103,510,812$10,878,830$4,611,548$59,036,353
91$113,914,639$11,257,617$4,611,759$64,647,232
92$125,374,796$11,650,104$4,607,117$70,819,505
93$137,998,877$12,056,811$4,597,307$77,610,149
94$151,905,443$12,478,275$4,581,997$85,081,947
95$167,225,145$12,915,058$4,560,841$93,304,076
96$184,101,956$13,367,741$4,533,475$102,352,765
97$202,694,526$13,836,931$4,499,517$112,312,006
98$223,177,685$14,323,258$4,458,568$123,274,353
99$245,744,087$14,827,376$4,410,209$135,341,790
100$270,606,035$15,349,969$4,354,002$148,626,697