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%11.3%
1 years$239,479$237,346$235,265$233,234$231,250$229,986
2 years$118,554$116,346$114,206$112,132$110,119$108,843
3 years$78,251$76,033$73,899$71,844$69,864$68,616
4 years$58,103$55,893$53,780$51,759$49,828$48,617
5 years$46,018$43,821$41,735$39,756$37,878$36,709
6 years$37,964$35,783$33,728$31,793$29,972$28,845
7 years$32,213$30,050$28,028$26,139$24,375$23,292
8 years$27,902$25,759$23,770$21,927$20,221$19,182
9 years$24,550$22,428$20,473$18,677$17,029$16,033
10 years$21,871$19,769$17,849$16,100$14,510$13,556
11 years$19,680$17,599$15,714$14,012$12,479$11,567
12 years$17,855$15,796$13,946$12,290$10,814$9,943
13 years$16,313$14,275$12,460$10,850$9,430$8,600
14 years$14,992$12,975$11,195$9,632$8,266$7,476
15 years$13,848$11,853$10,108$8,590$7,278$6,526
16 years$12,848$10,875$9,164$7,691$6,433$5,718
17 years$11,967$10,016$8,339$6,911$5,704$5,025
18 years$11,184$9,255$7,612$6,228$5,071$4,428
19 years$10,485$8,577$6,969$5,627$4,520$3,911
20 years$9,856$7,970$6,396$5,097$4,038$3,461
21 years$9,288$7,424$5,883$4,626$3,613$3,068
22 years$8,772$6,930$5,422$4,206$3,239$2,724
23 years$8,302$6,482$5,006$3,830$2,907$2,421
24 years$7,872$6,073$4,630$3,493$2,613$2,155
25 years$7,477$5,699$4,288$3,190$2,351$1,920
26 years$7,112$5,356$3,977$2,917$2,118$1,712
27 years$6,776$5,041$3,693$2,670$1,910$1,528
28 years$6,463$4,750$3,433$2,446$1,723$1,365
29 years$6,173$4,481$3,195$2,243$1,556$1,220
30 years$5,903$4,232$2,976$2,059$1,406$1,091
31 years$5,651$4,001$2,774$1,891$1,271$976
32 years$5,415$3,785$2,588$1,738$1,150$874
33 years$5,193$3,585$2,417$1,598$1,040$782
34 years$4,986$3,398$2,258$1,470$942$701
35 years$4,790$3,223$2,111$1,354$853$628
36 years$4,606$3,059$1,975$1,247$773$563
37 years$4,432$2,905$1,849$1,149$701$504
38 years$4,268$2,761$1,731$1,059$635$452
39 years$4,112$2,625$1,622$976$576$406
40 years$3,965$2,498$1,520$900$522$364
41 years$3,825$2,378$1,425$831$474$327
42 years$3,692$2,264$1,337$767$430$293
43 years$3,566$2,157$1,255$708$390$263
44 years$3,446$2,056$1,178$653$354$236
45 years$3,331$1,961$1,106$603$322$212
46 years$3,222$1,871$1,039$557$292$190
47 years$3,118$1,785$976$515$265$171
48 years$3,018$1,704$917$476$241$153
49 years$2,923$1,628$862$440$219$138
50 years$2,831$1,555$810$406$199$124

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 $5,237 every year, while hoping to spend $56,836 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: 39/40/21 Blend
51$2,900,000$2,900,000$2,900,000$2,900,000
52$3,201,202$3,047,502$3,002,552$3,305,844
53$3,467,252$3,136,356$3,042,664$3,470,552
54$3,758,533$3,227,660$3,082,216$3,642,760
55$4,077,561$3,321,472$3,121,127$3,827,811
56$4,427,102$3,417,855$3,159,315$4,026,902
57$4,810,206$3,516,870$3,196,692$4,241,350
58$5,230,231$3,618,579$3,233,164$4,472,604
59$5,690,873$3,723,048$3,268,634$4,722,260
60$6,196,206$3,830,342$3,302,997$4,992,073
61$6,750,717$3,940,526$3,336,145$5,283,975
62$7,359,346$4,053,668$3,367,962$5,600,094
63$8,027,537$4,169,836$3,398,327$5,942,771
64$8,761,286$4,289,098$3,427,111$6,314,584
65$9,567,198$4,411,525$3,454,181$6,718,372
66$10,452,550$4,537,187$3,479,393$7,157,261
67$11,425,356$4,666,156$3,502,599$7,634,695
68$12,494,448$4,798,503$3,523,642$8,154,465
69$13,669,555$4,934,302$3,542,356$8,720,746
70$14,961,393$5,073,626$3,558,569$9,338,140
71$16,381,771$5,216,550$3,572,097$10,011,711
72$17,943,699$5,363,149$3,582,749$10,747,042
73$19,661,510$5,513,496$3,590,325$11,550,281
74$21,550,995$5,667,669$3,594,612$12,428,200
75$23,629,554$5,825,742$3,595,389$13,388,262
76$25,916,357$5,987,792$3,592,424$14,438,688
77$28,432,527$6,153,896$3,585,471$15,588,533
78$31,201,336$6,324,128$3,574,276$16,847,778
79$34,248,428$6,498,566$3,558,570$18,227,417
80$37,602,056$6,677,284$3,538,070$19,739,564
81$41,293,354$6,860,359$3,512,484$21,397,567
82$45,356,625$7,047,865$3,481,500$23,216,134
83$49,829,666$7,239,876$3,444,796$25,211,471
84$54,754,128$7,436,466$3,402,033$27,401,435
85$60,175,903$7,637,706$3,352,855$29,805,703
86$66,145,559$7,843,668$3,296,890$32,445,959
87$72,718,820$8,054,422$3,233,749$35,346,095
88$79,957,085$8,270,034$3,163,025$38,532,441
89$87,928,013$8,490,571$3,084,292$42,034,011
90$96,706,158$8,716,096$2,997,103$45,882,776
91$106,373,672$8,946,671$2,900,992$50,113,968
92$117,021,083$9,182,354$2,795,472$54,766,415
93$128,748,144$9,423,201$2,680,031$59,882,900
94$141,664,780$9,669,262$2,554,137$65,510,572
95$155,892,118$9,920,587$2,417,231$71,701,392
96$171,563,637$10,177,219$2,268,732$78,512,616
97$188,826,423$10,439,197$2,108,029$86,007,344
98$207,842,556$10,706,556$1,934,486$94,255,112
99$228,790,644$10,979,325$1,747,438$103,332,550
100$251,867,504$11,257,525$1,546,192$113,324,105