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%11.2%
1 years$241,131$238,983$236,887$234,842$232,845$231,669
2 years$119,372$117,149$114,994$112,905$110,879$109,692
3 years$78,791$76,558$74,409$72,339$70,346$69,185
4 years$58,504$56,278$54,150$52,116$50,171$49,045
5 years$46,335$44,123$42,023$40,030$38,139$37,051
6 years$38,225$36,030$33,961$32,013$30,178$29,130
7 years$32,435$30,258$28,222$26,319$24,543$23,535
8 years$28,094$25,936$23,934$22,079$20,361$19,393
9 years$24,720$22,582$20,614$18,806$17,147$16,219
10 years$22,022$19,905$17,972$16,211$14,610$13,721
11 years$19,816$17,720$15,822$14,108$12,565$11,715
12 years$17,979$15,905$14,042$12,375$10,889$10,077
13 years$16,425$14,373$12,546$10,925$9,495$8,721
14 years$15,095$13,065$11,272$9,698$8,323$7,586
15 years$13,944$11,935$10,177$8,649$7,329$6,627
16 years$12,937$10,950$9,227$7,744$6,477$5,810
17 years$12,049$10,085$8,396$6,958$5,743$5,109
18 years$11,261$9,319$7,665$6,271$5,106$4,505
19 years$10,557$8,637$7,017$5,666$4,551$3,982
20 years$9,924$8,025$6,440$5,132$4,065$3,526
21 years$9,352$7,475$5,923$4,657$3,638$3,128
22 years$8,833$6,978$5,459$4,235$3,261$2,780
23 years$8,360$6,526$5,041$3,857$2,927$2,473
24 years$7,926$6,115$4,662$3,517$2,631$2,203
25 years$7,528$5,738$4,318$3,212$2,368$1,964
26 years$7,161$5,393$4,004$2,937$2,133$1,753
27 years$6,822$5,076$3,718$2,688$1,923$1,566
28 years$6,508$4,783$3,457$2,463$1,735$1,399
29 years$6,216$4,512$3,217$2,259$1,567$1,252
30 years$5,944$4,261$2,996$2,073$1,416$1,120
31 years$5,690$4,028$2,793$1,904$1,280$1,003
32 years$5,452$3,811$2,606$1,750$1,158$898
33 years$5,229$3,609$2,434$1,609$1,048$805
34 years$5,020$3,421$2,274$1,480$949$722
35 years$4,823$3,245$2,126$1,363$859$647
36 years$4,638$3,080$1,989$1,255$778$581
37 years$4,463$2,925$1,861$1,156$706$521
38 years$4,297$2,780$1,743$1,066$640$468
39 years$4,140$2,643$1,633$983$580$420
40 years$3,992$2,515$1,531$907$526$377
41 years$3,851$2,394$1,435$836$477$338
42 years$3,718$2,280$1,346$772$433$304
43 years$3,590$2,172$1,263$713$393$273
44 years$3,469$2,071$1,186$658$357$245
45 years$3,354$1,975$1,113$608$324$220
46 years$3,244$1,884$1,046$561$294$198
47 years$3,139$1,798$983$519$267$178
48 years$3,039$1,716$923$479$243$160
49 years$2,943$1,639$868$443$220$144
50 years$2,851$1,565$816$409$200$129

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 $2,009 every year, while hoping to spend $58,063 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: 55/24/21 Blend
51$2,920,000$2,920,000$2,920,000$2,920,000
52$3,219,912$3,065,152$3,019,892$3,378,539
53$3,486,565$3,153,566$3,059,280$3,575,746
54$3,778,470$3,244,366$3,098,041$3,784,088
55$4,098,142$3,337,608$3,136,094$4,009,725
56$4,448,350$3,433,349$3,173,350$4,254,331
57$4,832,143$3,531,644$3,209,719$4,519,748
58$5,252,880$3,632,554$3,245,104$4,808,007
59$5,714,260$3,736,135$3,279,401$5,121,341
60$6,220,357$3,842,448$3,312,503$5,462,211
61$6,775,658$3,951,552$3,344,296$5,833,328
62$7,385,105$4,063,508$3,374,660$6,237,677
63$8,054,144$4,178,378$3,403,469$6,678,546
64$8,788,770$4,296,223$3,430,590$7,159,557
65$9,595,592$4,417,104$3,455,881$7,684,699
66$10,481,886$4,541,086$3,479,197$8,258,367
67$11,455,669$4,668,230$3,500,381$8,885,402
68$12,525,774$4,798,600$3,519,270$9,571,140
69$13,701,931$4,932,260$3,535,694$10,321,455
70$14,994,860$5,069,272$3,549,471$11,142,823
71$16,416,370$5,209,701$3,560,413$12,042,377
72$17,979,474$5,353,611$3,568,321$13,027,976
73$19,698,506$5,501,063$3,572,986$14,108,279
74$21,589,261$5,652,123$3,574,188$15,292,828
75$23,669,140$5,806,851$3,571,698$16,592,136
76$25,957,317$5,965,312$3,565,274$18,017,789
77$28,474,917$6,127,565$3,554,664$19,582,549
78$31,245,215$6,293,673$3,539,602$21,300,484
79$34,293,858$6,463,694$3,519,810$23,187,092
80$37,649,105$6,637,688$3,494,997$25,259,453
81$41,342,090$6,815,711$3,464,856$27,536,385
82$45,407,122$6,997,820$3,429,068$30,038,629
83$49,882,004$7,184,069$3,387,297$32,789,038
84$54,808,390$7,374,510$3,339,193$35,812,795
85$60,232,177$7,569,192$3,284,387$39,137,652
86$66,203,941$7,768,164$3,222,496$42,794,192
87$72,779,409$7,971,470$3,153,115$46,816,115
88$80,019,989$8,179,152$3,075,825$51,240,560
89$87,993,346$8,391,249$2,990,183$56,108,453
90$96,774,042$8,607,794$2,895,729$61,464,896
91$106,444,238$8,828,820$2,791,980$67,359,589
92$117,094,470$9,054,353$2,678,431$73,847,305
93$128,824,503$9,284,413$2,554,555$80,988,401
94$141,744,271$9,519,018$2,419,802$88,849,394
95$155,974,915$9,758,178$2,273,593$97,503,586
96$171,649,925$10,001,897$2,115,328$107,031,755
97$188,916,402$10,250,175$1,944,376$117,522,924
98$207,936,443$10,503,001$1,760,079$129,075,193
99$228,888,670$10,760,358$1,561,752$141,796,675
100$251,969,920$11,022,221$1,348,676$155,806,509