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%19.2%
1 years$241,131$238,983$236,887$234,842$232,845$224,227
2 years$119,372$117,149$114,994$112,905$110,879$102,293
3 years$78,791$76,558$74,409$72,339$70,346$62,063
4 years$58,504$56,278$54,150$52,116$50,171$42,255
5 years$46,335$44,123$42,023$40,030$38,139$30,610
6 years$38,225$36,030$33,961$32,013$30,178$23,040
7 years$32,435$30,258$28,222$26,319$24,543$17,795
8 years$28,094$25,936$23,934$22,079$20,361$13,997
9 years$24,720$22,582$20,614$18,806$17,147$11,158
10 years$22,022$19,905$17,972$16,211$14,610$8,986
11 years$19,816$17,720$15,822$14,108$12,565$7,293
12 years$17,979$15,905$14,042$12,375$10,889$5,956
13 years$16,425$14,373$12,546$10,925$9,495$4,888
14 years$15,095$13,065$11,272$9,698$8,323$4,027
15 years$13,944$11,935$10,177$8,649$7,329$3,328
16 years$12,937$10,950$9,227$7,744$6,477$2,758
17 years$12,049$10,085$8,396$6,958$5,743$2,290
18 years$11,261$9,319$7,665$6,271$5,106$1,905
19 years$10,557$8,637$7,017$5,666$4,551$1,587
20 years$9,924$8,025$6,440$5,132$4,065$1,323
21 years$9,352$7,475$5,923$4,657$3,638$1,105
22 years$8,833$6,978$5,459$4,235$3,261$923
23 years$8,360$6,526$5,041$3,857$2,927$772
24 years$7,926$6,115$4,662$3,517$2,631$645
25 years$7,528$5,738$4,318$3,212$2,368$540
26 years$7,161$5,393$4,004$2,937$2,133$452
27 years$6,822$5,076$3,718$2,688$1,923$379
28 years$6,508$4,783$3,457$2,463$1,735$317
29 years$6,216$4,512$3,217$2,259$1,567$266
30 years$5,944$4,261$2,996$2,073$1,416$223
31 years$5,690$4,028$2,793$1,904$1,280$187
32 years$5,452$3,811$2,606$1,750$1,158$157
33 years$5,229$3,609$2,434$1,609$1,048$131
34 years$5,020$3,421$2,274$1,480$949$110
35 years$4,823$3,245$2,126$1,363$859$92
36 years$4,638$3,080$1,989$1,255$778$77
37 years$4,463$2,925$1,861$1,156$706$65
38 years$4,297$2,780$1,743$1,066$640$54
39 years$4,140$2,643$1,633$983$580$46
40 years$3,992$2,515$1,531$907$526$38
41 years$3,851$2,394$1,435$836$477$32
42 years$3,718$2,280$1,346$772$433$27
43 years$3,590$2,172$1,263$713$393$23
44 years$3,469$2,071$1,186$658$357$19
45 years$3,354$1,975$1,113$608$324$16
46 years$3,244$1,884$1,046$561$294$13
47 years$3,139$1,798$983$519$267$11
48 years$3,039$1,716$923$479$243$9
49 years$2,943$1,639$868$443$220$8
50 years$2,851$1,565$816$409$200$7

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 $2,849 every year, while hoping to spend $43,646 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: 78/12/10 Blend
51$2,920,000$2,920,000$2,920,000$2,920,000
52$3,220,779$3,066,019$3,020,759$3,466,338
53$3,502,859$3,169,815$3,075,515$3,731,912
54$3,812,249$3,277,234$3,130,643$4,017,200
55$4,151,688$3,388,407$3,186,109$4,328,829
56$4,524,193$3,503,472$3,241,876$4,669,405
57$4,933,088$3,622,570$3,297,907$5,041,800
58$5,382,034$3,745,847$3,354,158$5,449,175
59$5,875,064$3,873,457$3,410,585$5,895,012
60$6,416,622$4,005,557$3,467,141$6,383,143
61$7,011,601$4,142,313$3,523,774$6,917,793
62$7,665,393$4,283,895$3,580,429$7,503,610
63$8,383,938$4,430,481$3,637,048$8,145,719
64$9,173,780$4,582,255$3,693,570$8,849,759
65$10,042,129$4,739,408$3,749,927$9,621,946
66$10,996,926$4,902,139$3,806,050$10,469,125
67$12,046,923$5,070,655$3,861,863$11,398,836
68$13,201,763$5,245,170$3,917,289$12,419,387
69$14,472,066$5,425,907$3,972,241$13,539,926
70$15,869,537$5,613,097$4,026,632$14,770,535
71$17,407,073$5,806,981$4,080,367$16,122,318
72$19,098,880$6,007,809$4,133,345$17,607,510
73$20,960,615$6,215,841$4,185,461$19,239,591
74$23,009,526$6,431,346$4,236,603$21,033,408
75$25,264,621$6,654,605$4,286,652$23,005,323
76$27,746,841$6,885,910$4,335,484$25,173,360
77$30,479,263$7,125,563$4,382,967$27,557,381
78$33,487,312$7,373,880$4,428,961$30,179,265
79$36,799,006$7,631,189$4,473,319$33,063,121
80$40,445,217$7,897,829$4,515,887$36,235,512
81$44,459,961$8,174,154$4,556,501$39,725,707
82$48,880,723$8,460,534$4,594,990$43,565,954
83$53,748,807$8,757,350$4,631,173$47,791,787
84$59,109,727$9,065,002$4,664,858$52,442,357
85$65,013,634$9,383,902$4,695,846$57,560,805
86$71,515,793$9,714,482$4,723,926$63,194,667
87$78,677,102$10,057,190$4,748,875$69,396,321
88$86,564,666$10,412,491$4,770,461$76,223,484
89$95,252,429$10,780,871$4,788,439$83,739,753
90$104,821,877$11,162,833$4,802,552$92,015,204
91$115,362,800$11,558,903$4,812,529$101,127,057
92$126,974,143$11,969,628$4,818,087$111,160,402
93$139,764,941$12,395,574$4,818,927$122,209,000
94$153,855,341$12,837,334$4,814,738$134,376,169
95$169,377,746$13,295,523$4,805,191$147,775,761
96$186,478,054$13,770,781$4,789,943$162,533,229
97$205,317,042$14,263,777$4,768,633$178,786,819
98$226,071,882$14,775,203$4,740,884$196,688,868
99$248,937,809$15,305,783$4,706,298$216,407,243
100$274,129,968$15,856,269$4,664,462$238,126,928