Can I retire at age 52 with 2,930,000?

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 $2,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$241,957$239,801$237,699$235,646$233,642$229,394
2 years$119,781$117,550$115,388$113,292$111,258$106,994
3 years$79,060$76,820$74,664$72,587$70,587$66,438
4 years$58,704$56,471$54,336$52,295$50,343$46,343
5 years$46,494$44,274$42,167$40,167$38,270$34,430
6 years$38,356$36,153$34,077$32,122$30,282$26,605
7 years$32,546$30,361$28,318$26,409$24,627$21,116
8 years$28,190$26,025$24,016$22,154$20,431$17,083
9 years$24,804$22,660$20,685$18,870$17,206$14,020
10 years$22,097$19,973$18,034$16,267$14,660$11,634
11 years$19,884$17,781$15,877$14,157$12,608$9,738
12 years$18,040$15,959$14,090$12,417$10,926$8,207
13 years$16,482$14,423$12,589$10,963$9,528$6,957
14 years$15,147$13,110$11,311$9,731$8,352$5,924
15 years$13,991$11,976$10,212$8,679$7,354$5,064
16 years$12,981$10,988$9,259$7,771$6,499$4,343
17 years$12,091$10,119$8,425$6,982$5,763$3,734
18 years$11,300$9,351$7,691$6,292$5,124$3,219
19 years$10,593$8,666$7,041$5,686$4,567$2,779
20 years$9,958$8,053$6,462$5,149$4,079$2,404
21 years$9,384$7,501$5,944$4,673$3,651$2,082
22 years$8,863$7,002$5,478$4,249$3,272$1,806
23 years$8,388$6,549$5,058$3,870$2,937$1,568
24 years$7,953$6,136$4,678$3,530$2,640$1,362
25 years$7,554$5,758$4,332$3,223$2,376$1,185
26 years$7,186$5,412$4,018$2,947$2,140$1,031
27 years$6,846$5,093$3,731$2,698$1,929$898
28 years$6,530$4,799$3,469$2,472$1,741$782
29 years$6,237$4,527$3,228$2,267$1,572$681
30 years$5,964$4,276$3,007$2,080$1,420$594
31 years$5,709$4,042$2,803$1,910$1,284$518
32 years$5,471$3,824$2,615$1,756$1,162$452
33 years$5,247$3,622$2,442$1,615$1,051$394
34 years$5,037$3,433$2,282$1,486$952$344
35 years$4,840$3,256$2,133$1,368$862$301
36 years$4,654$3,090$1,995$1,259$781$262
37 years$4,478$2,935$1,868$1,160$708$229
38 years$4,312$2,789$1,749$1,070$642$200
39 years$4,155$2,652$1,639$986$582$175
40 years$4,006$2,524$1,536$910$528$153
41 years$3,865$2,402$1,440$839$479$133
42 years$3,730$2,288$1,351$775$435$117
43 years$3,603$2,180$1,268$715$394$102
44 years$3,481$2,078$1,190$660$358$89
45 years$3,366$1,981$1,117$610$325$78
46 years$3,255$1,890$1,049$563$295$68
47 years$3,150$1,804$986$520$268$59
48 years$3,049$1,722$926$481$243$52
49 years$2,953$1,644$871$444$221$45
50 years$2,861$1,571$819$411$201$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,930,000, adding $6,284 every year, while hoping to spend $59,786 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: 76/14/10 Blend
51$2,930,000$2,930,000$2,930,000$2,930,000
52$3,235,342$3,080,052$3,034,637$3,475,061
53$3,501,735$3,167,363$3,072,685$3,721,075
54$3,793,296$3,256,948$3,110,005$3,982,452
55$4,112,530$3,348,856$3,146,507$4,267,268
56$4,462,194$3,443,135$3,182,101$4,577,830
57$4,845,324$3,539,835$3,216,688$4,916,678
58$5,265,265$3,639,005$3,250,165$5,286,610
59$5,725,700$3,740,694$3,282,423$5,690,707
60$6,230,685$3,844,953$3,313,349$6,132,362
61$6,784,690$3,951,830$3,342,821$6,615,312
62$7,392,635$4,061,377$3,370,712$7,143,674
63$8,059,942$4,173,642$3,396,889$7,721,982
64$8,792,582$4,288,676$3,421,210$8,355,229
65$9,597,132$4,406,528$3,443,527$9,048,918
66$10,480,839$4,527,248$3,463,685$9,809,108
67$11,451,686$4,650,884$3,481,520$10,642,475
68$12,518,465$4,777,485$3,496,858$11,556,373
69$13,690,866$4,907,098$3,509,520$12,558,905
70$14,979,560$5,039,772$3,519,315$13,658,998
71$16,396,306$5,175,552$3,526,043$14,866,485
72$17,954,058$5,314,483$3,529,494$16,192,201
73$19,667,089$5,456,609$3,529,449$17,648,083
74$21,551,123$5,601,974$3,525,677$19,247,285
75$23,623,485$5,750,619$3,517,935$21,004,297
76$25,903,264$5,902,582$3,505,969$22,935,086
77$28,411,491$6,057,903$3,489,513$25,057,244
78$31,171,339$6,216,616$3,468,288$27,390,157
79$34,208,341$6,378,756$3,442,001$29,955,184
80$37,550,629$6,544,352$3,410,345$32,775,859
81$41,229,201$6,713,433$3,372,999$35,878,114
82$45,278,213$6,886,024$3,329,628$39,290,525
83$49,735,297$7,062,147$3,279,877$43,044,579
84$54,641,924$7,241,818$3,223,380$47,174,970
85$60,043,786$7,425,053$3,159,749$51,719,931
86$65,991,232$7,611,861$3,088,580$56,721,590
87$72,539,742$7,802,246$3,009,452$62,226,368
88$79,750,447$7,996,208$2,921,920$68,285,422
89$87,690,712$8,193,741$2,825,523$74,955,120
90$96,434,764$8,394,833$2,719,778$82,297,579
91$106,064,396$8,599,467$2,604,177$90,381,247
92$116,669,740$8,807,616$2,478,192$99,281,554
93$128,350,112$9,019,247$2,341,270$109,081,618
94$141,214,953$9,234,321$2,192,832$119,873,032
95$155,384,862$9,452,786$2,032,276$131,756,732
96$170,992,731$9,674,585$1,858,970$144,843,943
97$188,184,998$9,899,649$1,672,254$159,257,233
98$207,123,033$10,127,897$1,471,440$175,131,671
99$227,984,658$10,359,239$1,255,808$192,616,098
100$250,965,823$10,593,572$1,024,608$211,874,535