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%14.7%
1 years$241,957$239,801$237,699$235,646$233,642$229,112
2 years$119,781$117,550$115,388$113,292$111,258$106,713
3 years$79,060$76,820$74,664$72,587$70,587$66,168
4 years$58,704$56,471$54,336$52,295$50,343$46,084
5 years$46,494$44,274$42,167$40,167$38,270$34,183
6 years$38,356$36,153$34,077$32,122$30,282$26,372
7 years$32,546$30,361$28,318$26,409$24,627$20,895
8 years$28,190$26,025$24,016$22,154$20,431$16,876
9 years$24,804$22,660$20,685$18,870$17,206$13,825
10 years$22,097$19,973$18,034$16,267$14,660$11,451
11 years$19,884$17,781$15,877$14,157$12,608$9,566
12 years$18,040$15,959$14,090$12,417$10,926$8,047
13 years$16,482$14,423$12,589$10,963$9,528$6,808
14 years$15,147$13,110$11,311$9,731$8,352$5,785
15 years$13,991$11,976$10,212$8,679$7,354$4,935
16 years$12,981$10,988$9,259$7,771$6,499$4,223
17 years$12,091$10,119$8,425$6,982$5,763$3,624
18 years$11,300$9,351$7,691$6,292$5,124$3,116
19 years$10,593$8,666$7,041$5,686$4,567$2,685
20 years$9,958$8,053$6,462$5,149$4,079$2,317
21 years$9,384$7,501$5,944$4,673$3,651$2,003
22 years$8,863$7,002$5,478$4,249$3,272$1,733
23 years$8,388$6,549$5,058$3,870$2,937$1,501
24 years$7,953$6,136$4,678$3,530$2,640$1,301
25 years$7,554$5,758$4,332$3,223$2,376$1,129
26 years$7,186$5,412$4,018$2,947$2,140$980
27 years$6,846$5,093$3,731$2,698$1,929$851
28 years$6,530$4,799$3,469$2,472$1,741$740
29 years$6,237$4,527$3,228$2,267$1,572$643
30 years$5,964$4,276$3,007$2,080$1,420$559
31 years$5,709$4,042$2,803$1,910$1,284$487
32 years$5,471$3,824$2,615$1,756$1,162$423
33 years$5,247$3,622$2,442$1,615$1,051$369
34 years$5,037$3,433$2,282$1,486$952$321
35 years$4,840$3,256$2,133$1,368$862$279
36 years$4,654$3,090$1,995$1,259$781$243
37 years$4,478$2,935$1,868$1,160$708$212
38 years$4,312$2,789$1,749$1,070$642$185
39 years$4,155$2,652$1,639$986$582$161
40 years$4,006$2,524$1,536$910$528$140
41 years$3,865$2,402$1,440$839$479$122
42 years$3,730$2,288$1,351$775$435$106
43 years$3,603$2,180$1,268$715$394$93
44 years$3,481$2,078$1,190$660$358$81
45 years$3,366$1,981$1,117$610$325$70
46 years$3,255$1,890$1,049$563$295$61
47 years$3,150$1,804$986$520$268$54
48 years$3,049$1,722$926$481$243$47
49 years$2,953$1,644$871$444$221$41
50 years$2,861$1,571$819$411$201$35

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 $5,639 every year, while hoping to spend $54,884 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: 45/47/8 Blend
51$2,930,000$2,930,000$2,930,000$2,930,000
52$3,234,677$3,079,387$3,033,972$3,372,738
53$3,506,217$3,171,880$3,077,214$3,561,171
54$3,803,616$3,267,067$3,120,065$3,759,256
55$4,129,452$3,365,020$3,162,454$3,972,772
56$4,486,566$3,465,816$3,204,306$4,203,161
57$4,878,086$3,569,532$3,245,541$4,452,005
58$5,307,460$3,676,247$3,286,075$4,721,045
59$5,778,481$3,786,044$3,325,819$5,012,198
60$6,295,331$3,899,005$3,364,678$5,327,568
61$6,862,614$4,015,215$3,402,554$5,669,474
62$7,485,402$4,134,763$3,439,342$6,040,466
63$8,169,283$4,257,736$3,474,930$6,443,349
64$8,920,412$4,384,227$3,509,202$6,881,210
65$9,745,568$4,514,328$3,542,034$7,357,449
66$10,652,221$4,648,136$3,573,298$7,875,806
67$11,648,601$4,785,747$3,602,856$8,440,397
68$12,743,771$4,927,261$3,630,564$9,055,757
69$13,947,719$5,072,781$3,656,272$9,726,876
70$15,271,449$5,222,410$3,679,820$10,459,249
71$16,727,083$5,376,254$3,701,040$11,258,925
72$18,327,976$5,534,421$3,719,756$12,132,567
73$20,088,845$5,697,023$3,735,783$13,087,512
74$22,025,902$5,864,172$3,748,926$14,131,840
75$24,157,011$6,035,983$3,758,982$15,274,448
76$26,501,853$6,212,574$3,765,735$16,525,139
77$29,082,116$6,394,064$3,768,961$17,894,707
78$31,921,693$6,580,574$3,768,422$19,395,041
79$35,046,912$6,772,229$3,763,871$21,039,239
80$38,486,784$6,969,155$3,755,048$22,841,728
81$42,273,274$7,171,481$3,741,680$24,818,399
82$46,441,601$7,379,338$3,723,480$26,986,762
83$51,030,577$7,592,857$3,700,148$29,366,101
84$56,082,964$7,812,175$3,671,371$31,977,664
85$61,645,883$8,037,428$3,636,819$34,844,860
86$67,771,257$8,268,757$3,596,146$37,993,478
87$74,516,300$8,506,301$3,548,993$41,451,929
88$81,944,058$8,750,205$3,494,979$45,251,518
89$90,124,001$9,000,613$3,433,709$49,426,735
90$99,132,679$9,257,674$3,364,769$54,015,580
91$109,054,448$9,521,535$3,287,724$59,059,921
92$119,982,259$9,792,349$3,202,121$64,605,892
93$132,018,542$10,070,266$3,107,484$70,704,323
94$145,276,165$10,355,441$3,003,317$77,411,221
95$159,879,505$10,648,029$2,889,099$84,788,299
96$175,965,619$10,948,186$2,764,288$92,903,555
97$193,685,536$11,256,072$2,628,316$101,831,916
98$213,205,685$11,571,843$2,480,589$111,655,944
99$234,709,462$11,895,660$2,320,485$122,466,613
100$258,398,963$12,227,684$2,147,358$134,364,169