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

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 $2,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$239,479$237,346$235,265$233,234$231,250$228,077
2 years$118,554$116,346$114,206$112,132$110,119$106,928
3 years$78,251$76,033$73,899$71,844$69,864$66,754
4 years$58,103$55,893$53,780$51,759$49,828$46,822
5 years$46,018$43,821$41,735$39,756$37,878$34,987
6 years$37,964$35,783$33,728$31,793$29,972$27,197
7 years$32,213$30,050$28,028$26,139$24,375$21,719
8 years$27,902$25,759$23,770$21,927$20,221$17,683
9 years$24,550$22,428$20,473$18,677$17,029$14,608
10 years$21,871$19,769$17,849$16,100$14,510$12,203
11 years$19,680$17,599$15,714$14,012$12,479$10,285
12 years$17,855$15,796$13,946$12,290$10,814$8,730
13 years$16,313$14,275$12,460$10,850$9,430$7,454
14 years$14,992$12,975$11,195$9,632$8,266$6,394
15 years$13,848$11,853$10,108$8,590$7,278$5,507
16 years$12,848$10,875$9,164$7,691$6,433$4,759
17 years$11,967$10,016$8,339$6,911$5,704$4,125
18 years$11,184$9,255$7,612$6,228$5,071$3,583
19 years$10,485$8,577$6,969$5,627$4,520$3,119
20 years$9,856$7,970$6,396$5,097$4,038$2,720
21 years$9,288$7,424$5,883$4,626$3,613$2,376
22 years$8,772$6,930$5,422$4,206$3,239$2,078
23 years$8,302$6,482$5,006$3,830$2,907$1,819
24 years$7,872$6,073$4,630$3,493$2,613$1,595
25 years$7,477$5,699$4,288$3,190$2,351$1,399
26 years$7,112$5,356$3,977$2,917$2,118$1,228
27 years$6,776$5,041$3,693$2,670$1,910$1,079
28 years$6,463$4,750$3,433$2,446$1,723$948
29 years$6,173$4,481$3,195$2,243$1,556$834
30 years$5,903$4,232$2,976$2,059$1,406$734
31 years$5,651$4,001$2,774$1,891$1,271$646
32 years$5,415$3,785$2,588$1,738$1,150$568
33 years$5,193$3,585$2,417$1,598$1,040$501
34 years$4,986$3,398$2,258$1,470$942$441
35 years$4,790$3,223$2,111$1,354$853$389
36 years$4,606$3,059$1,975$1,247$773$342
37 years$4,432$2,905$1,849$1,149$701$302
38 years$4,268$2,761$1,731$1,059$635$266
39 years$4,112$2,625$1,622$976$576$235
40 years$3,965$2,498$1,520$900$522$207
41 years$3,825$2,378$1,425$831$474$182
42 years$3,692$2,264$1,337$767$430$161
43 years$3,566$2,157$1,255$708$390$142
44 years$3,446$2,056$1,178$653$354$125
45 years$3,331$1,961$1,106$603$322$110
46 years$3,222$1,871$1,039$557$292$97
47 years$3,118$1,785$976$515$265$86
48 years$3,018$1,704$917$476$241$76
49 years$2,923$1,628$862$440$219$67
50 years$2,831$1,555$810$406$199$59

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 $6,181 every year, while hoping to spend $53,337 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: 61/12/27 Blend
51$2,900,000$2,900,000$2,900,000$2,900,000
52$3,202,176$3,048,476$3,003,526$3,373,936
53$3,472,047$3,141,101$3,047,394$3,584,119
54$3,767,659$3,236,477$3,090,944$3,807,131
55$4,091,578$3,334,683$3,134,108$4,049,426
56$4,446,635$3,435,798$3,176,817$4,312,895
57$4,835,946$3,539,907$3,218,995$4,599,624
58$5,262,943$3,647,093$3,260,562$4,911,908
59$5,731,407$3,757,443$3,301,434$5,252,275
60$6,245,500$3,871,048$3,341,522$5,623,512
61$6,809,810$3,987,998$3,380,731$6,028,687
62$7,429,388$4,108,388$3,418,964$6,471,179
63$8,109,800$4,232,313$3,456,114$6,954,715
64$8,857,177$4,359,874$3,492,070$7,483,395
65$9,678,271$4,491,170$3,526,717$8,061,741
66$10,580,524$4,626,306$3,559,931$8,694,732
67$11,572,131$4,765,389$3,591,582$9,387,856
68$12,662,122$4,908,526$3,621,534$10,147,159
69$13,860,446$5,055,832$3,649,643$10,979,302
70$15,178,062$5,207,419$3,675,757$11,891,626
71$16,627,047$5,363,405$3,699,717$12,892,218
72$18,220,704$5,523,910$3,721,356$13,989,990
73$19,973,692$5,689,057$3,740,498$15,194,762
74$21,902,161$5,858,973$3,756,956$16,517,355
75$24,023,904$6,033,786$3,770,537$17,969,693
76$26,358,529$6,213,628$3,781,037$19,564,916
77$28,927,637$6,398,634$3,788,240$21,317,502
78$31,755,031$6,588,942$3,791,921$23,243,406
79$34,866,938$6,784,694$3,791,844$25,360,211
80$38,292,256$6,986,034$3,787,761$27,687,292
81$42,062,826$7,193,109$3,779,411$30,246,000
82$46,213,734$7,406,071$3,766,521$33,059,863
83$50,783,640$7,625,075$3,748,805$36,154,809
84$55,815,145$7,850,276$3,725,963$39,559,411
85$61,355,187$8,081,837$3,697,680$43,305,155
86$67,455,490$8,319,922$3,663,627$47,426,741
87$74,173,051$8,564,698$3,623,458$51,962,407
88$81,570,670$8,816,337$3,576,813$56,954,291
89$89,717,554$9,075,013$3,523,312$62,448,831
90$98,689,961$9,340,905$3,462,559$68,497,201
91$108,571,921$9,614,193$3,394,139$75,155,796
92$119,456,033$9,895,064$3,317,618$82,486,764
93$131,444,331$10,183,705$3,232,541$90,558,595
94$144,649,255$10,480,309$3,138,433$99,446,762
95$159,194,706$10,785,071$3,034,798$109,234,441
96$175,217,216$11,098,190$2,921,114$120,013,293
97$192,867,239$11,419,868$2,796,838$131,884,329
98$212,310,567$11,750,312$2,661,402$144,958,866
99$233,729,897$12,089,729$2,514,211$159,359,578
100$257,326,554$12,438,333$2,354,644$175,221,652