Can I retire at age 52 with 2,920,000?

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 $2,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$241,131$238,983$236,887$234,842$232,845$231,087
2 years$119,372$117,149$114,994$112,905$110,879$109,106
3 years$78,791$76,558$74,409$72,339$70,346$68,614
4 years$58,504$56,278$54,150$52,116$50,171$48,493
5 years$46,335$44,123$42,023$40,030$38,139$36,520
6 years$38,225$36,030$33,961$32,013$30,178$28,620
7 years$32,435$30,258$28,222$26,319$24,543$23,046
8 years$28,094$25,936$23,934$22,079$20,361$18,926
9 years$24,720$22,582$20,614$18,806$17,147$15,773
10 years$22,022$19,905$17,972$16,211$14,610$13,296
11 years$19,816$17,720$15,822$14,108$12,565$11,311
12 years$17,979$15,905$14,042$12,375$10,889$9,693
13 years$16,425$14,373$12,546$10,925$9,495$8,356
14 years$15,095$13,065$11,272$9,698$8,323$7,240
15 years$13,944$11,935$10,177$8,649$7,329$6,299
16 years$12,937$10,950$9,227$7,744$6,477$5,500
17 years$12,049$10,085$8,396$6,958$5,743$4,817
18 years$11,261$9,319$7,665$6,271$5,106$4,230
19 years$10,557$8,637$7,017$5,666$4,551$3,723
20 years$9,924$8,025$6,440$5,132$4,065$3,282
21 years$9,352$7,475$5,923$4,657$3,638$2,899
22 years$8,833$6,978$5,459$4,235$3,261$2,564
23 years$8,360$6,526$5,041$3,857$2,927$2,271
24 years$7,926$6,115$4,662$3,517$2,631$2,014
25 years$7,528$5,738$4,318$3,212$2,368$1,787
26 years$7,161$5,393$4,004$2,937$2,133$1,588
27 years$6,822$5,076$3,718$2,688$1,923$1,411
28 years$6,508$4,783$3,457$2,463$1,735$1,256
29 years$6,216$4,512$3,217$2,259$1,567$1,118
30 years$5,944$4,261$2,996$2,073$1,416$995
31 years$5,690$4,028$2,793$1,904$1,280$887
32 years$5,452$3,811$2,606$1,750$1,158$791
33 years$5,229$3,609$2,434$1,609$1,048$705
34 years$5,020$3,421$2,274$1,480$949$629
35 years$4,823$3,245$2,126$1,363$859$561
36 years$4,638$3,080$1,989$1,255$778$501
37 years$4,463$2,925$1,861$1,156$706$447
38 years$4,297$2,780$1,743$1,066$640$399
39 years$4,140$2,643$1,633$983$580$357
40 years$3,992$2,515$1,531$907$526$318
41 years$3,851$2,394$1,435$836$477$284
42 years$3,718$2,280$1,346$772$433$254
43 years$3,590$2,172$1,263$713$393$227
44 years$3,469$2,071$1,186$658$357$203
45 years$3,354$1,975$1,113$608$324$181
46 years$3,244$1,884$1,046$561$294$162
47 years$3,139$1,798$983$519$267$145
48 years$3,039$1,716$923$479$243$130
49 years$2,943$1,639$868$443$220$116
50 years$2,851$1,565$816$409$200$104

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,920,000, adding $4,391 every year, while hoping to spend $41,014 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: 32/42/26 Blend
51$2,920,000$2,920,000$2,920,000$2,920,000
52$3,222,369$3,067,609$3,022,349$3,299,719
53$3,507,412$3,174,284$3,079,959$3,465,698
54$3,820,155$3,284,810$3,138,125$3,640,394
55$4,163,380$3,399,335$3,196,821$3,827,747
56$4,540,151$3,518,009$3,256,021$4,028,895
57$4,953,844$3,640,989$3,315,695$4,245,090
58$5,408,178$3,768,439$3,375,812$4,477,709
59$5,907,248$3,900,528$3,436,338$4,728,261
60$6,455,568$4,037,435$3,497,236$4,998,405
61$7,058,109$4,179,342$3,558,466$5,289,965
62$7,720,347$4,326,440$3,619,986$5,604,945
63$8,448,316$4,478,930$3,681,749$5,945,549
64$9,248,663$4,637,017$3,743,707$6,314,198
65$10,128,712$4,800,916$3,805,807$6,713,556
66$11,096,532$4,970,852$3,867,993$7,146,552
67$12,161,013$5,147,058$3,930,205$7,616,408
68$13,331,948$5,329,776$3,992,379$8,126,667
69$14,620,130$5,519,259$4,054,447$8,681,227
70$16,037,449$5,715,768$4,116,336$9,284,378
71$17,597,005$5,919,577$4,177,970$9,940,840
72$19,313,234$6,130,970$4,239,266$10,655,807
73$21,202,040$6,350,244$4,300,138$11,434,993
74$23,280,949$6,577,706$4,360,492$12,284,691
75$25,569,269$6,813,677$4,420,232$13,211,824
76$28,088,278$7,058,492$4,479,254$14,224,016
77$30,861,422$7,312,496$4,537,448$15,329,658
78$33,914,532$7,576,054$4,594,698$16,537,988
79$37,276,074$7,849,541$4,650,881$17,859,177
80$40,977,416$8,133,350$4,705,867$19,304,424
81$45,053,118$8,427,890$4,759,519$20,886,062
82$49,541,266$8,733,587$4,811,693$22,617,669
83$54,483,826$9,050,883$4,862,236$24,514,198
84$59,927,042$9,380,242$4,910,986$26,592,118
85$65,921,870$9,722,144$4,957,774$28,869,565
86$72,524,463$10,077,091$5,002,422$31,366,513
87$79,796,695$10,445,605$5,044,739$34,104,961
88$87,806,748$10,828,231$5,084,529$37,109,139
89$96,629,757$11,225,534$5,121,581$40,405,738
90$106,348,515$11,638,108$5,155,676$44,024,154
91$117,054,255$12,066,567$5,186,583$47,996,769
92$128,847,514$12,511,554$5,214,059$52,359,256
93$141,839,077$12,973,737$5,237,847$57,150,907
94$156,151,027$13,453,814$5,257,679$62,415,009
95$171,917,894$13,952,513$5,273,273$68,199,248
96$189,287,924$14,470,591$5,284,332$74,556,155
97$208,424,481$15,008,839$5,290,546$81,543,604
98$229,507,586$15,568,080$5,291,588$89,225,354
99$252,735,618$16,149,174$5,287,114$97,671,647
100$278,327,184$16,753,016$5,276,765$106,959,871