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%15.9%
1 years$241,957$239,801$237,699$235,646$233,642$227,994
2 years$119,781$117,550$115,388$113,292$111,258$105,602
3 years$79,060$76,820$74,664$72,587$70,587$65,099
4 years$58,704$56,471$54,336$52,295$50,343$45,066
5 years$46,494$44,274$42,167$40,167$38,270$33,218
6 years$38,356$36,153$34,077$32,122$30,282$25,460
7 years$32,546$30,361$28,318$26,409$24,627$20,037
8 years$28,190$26,025$24,016$22,154$20,431$16,070
9 years$24,804$22,660$20,685$18,870$17,206$13,070
10 years$22,097$19,973$18,034$16,267$14,660$10,746
11 years$19,884$17,781$15,877$14,157$12,608$8,909
12 years$18,040$15,959$14,090$12,417$10,926$7,436
13 years$16,482$14,423$12,589$10,963$9,528$6,240
14 years$15,147$13,110$11,311$9,731$8,352$5,260
15 years$13,991$11,976$10,212$8,679$7,354$4,450
16 years$12,981$10,988$9,259$7,771$6,499$3,776
17 years$12,091$10,119$8,425$6,982$5,763$3,212
18 years$11,300$9,351$7,691$6,292$5,124$2,738
19 years$10,593$8,666$7,041$5,686$4,567$2,338
20 years$9,958$8,053$6,462$5,149$4,079$2,000
21 years$9,384$7,501$5,944$4,673$3,651$1,712
22 years$8,863$7,002$5,478$4,249$3,272$1,468
23 years$8,388$6,549$5,058$3,870$2,937$1,260
24 years$7,953$6,136$4,678$3,530$2,640$1,082
25 years$7,554$5,758$4,332$3,223$2,376$929
26 years$7,186$5,412$4,018$2,947$2,140$799
27 years$6,846$5,093$3,731$2,698$1,929$687
28 years$6,530$4,799$3,469$2,472$1,741$592
29 years$6,237$4,527$3,228$2,267$1,572$509
30 years$5,964$4,276$3,007$2,080$1,420$439
31 years$5,709$4,042$2,803$1,910$1,284$378
32 years$5,471$3,824$2,615$1,756$1,162$325
33 years$5,247$3,622$2,442$1,615$1,051$280
34 years$5,037$3,433$2,282$1,486$952$242
35 years$4,840$3,256$2,133$1,368$862$208
36 years$4,654$3,090$1,995$1,259$781$180
37 years$4,478$2,935$1,868$1,160$708$155
38 years$4,312$2,789$1,749$1,070$642$134
39 years$4,155$2,652$1,639$986$582$115
40 years$4,006$2,524$1,536$910$528$99
41 years$3,865$2,402$1,440$839$479$86
42 years$3,730$2,288$1,351$775$435$74
43 years$3,603$2,180$1,268$715$394$64
44 years$3,481$2,078$1,190$660$358$55
45 years$3,366$1,981$1,117$610$325$47
46 years$3,255$1,890$1,049$563$295$41
47 years$3,150$1,804$986$520$268$35
48 years$3,049$1,722$926$481$243$30
49 years$2,953$1,644$871$444$221$26
50 years$2,861$1,571$819$411$201$23

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 $3,883 every year, while hoping to spend $36,975 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: 74/12/14 Blend
51$2,930,000$2,930,000$2,930,000$2,930,000
52$3,232,865$3,077,575$3,032,160$3,462,121
53$3,523,276$3,189,035$3,094,397$3,725,711
54$3,842,070$3,304,718$3,157,478$4,009,477
55$4,192,103$3,424,790$3,221,395$4,319,394
56$4,576,520$3,549,428$3,286,135$4,658,049
57$4,998,788$3,678,813$3,351,683$5,028,288
58$5,462,724$3,813,134$3,418,024$5,433,247
59$5,972,535$3,952,590$3,485,141$5,876,377
60$6,532,853$4,097,387$3,553,013$6,361,482
61$7,148,784$4,247,740$3,621,619$6,892,747
62$7,825,953$4,403,871$3,690,936$7,474,784
63$8,570,553$4,566,014$3,760,936$8,112,671
64$9,389,414$4,734,413$3,831,591$8,812,002
65$10,290,055$4,909,320$3,902,870$9,578,937
66$11,280,763$5,091,000$3,974,739$10,420,263
67$12,370,670$5,279,727$4,047,161$11,343,455
68$13,569,833$5,475,789$4,120,096$12,356,747
69$14,889,338$5,679,484$4,193,501$13,469,209
70$16,341,397$5,891,125$4,267,330$14,690,833
71$17,939,466$6,111,037$4,341,532$16,032,626
72$19,698,373$6,339,559$4,416,055$17,506,714
73$21,634,454$6,577,045$4,490,840$19,126,457
74$23,765,711$6,823,863$4,565,826$20,906,572
75$26,111,979$7,080,398$4,640,947$22,863,274
76$28,695,115$7,347,052$4,716,133$25,014,425
77$31,539,202$7,624,242$4,791,308$27,379,709
78$34,670,777$7,912,407$4,866,394$29,980,809
79$38,119,082$8,212,000$4,941,304$32,841,615
80$41,916,339$8,523,498$5,015,947$35,988,452
81$46,098,052$8,847,397$5,090,229$39,450,323
82$50,703,347$9,184,213$5,164,045$43,259,182
83$55,775,336$9,534,487$5,237,288$47,450,239
84$61,361,526$9,898,782$5,309,842$52,062,291
85$67,514,266$10,277,687$5,381,586$57,138,083
86$74,291,242$10,671,814$5,452,390$62,724,717
87$81,756,021$11,081,805$5,522,118$68,874,090
88$89,978,650$11,508,329$5,590,624$75,643,389
89$99,036,318$11,952,083$5,657,755$83,095,625
90$109,014,084$12,413,796$5,723,351$91,300,230
91$120,005,677$12,894,228$5,787,240$100,333,712
92$132,114,386$13,394,175$5,849,243$110,280,372
93$145,454,029$13,914,466$5,909,168$121,233,107
94$160,150,031$14,455,966$5,966,816$133,294,277
95$176,340,606$15,019,580$6,021,976$146,576,675
96$194,178,060$15,606,251$6,074,425$161,204,594
97$213,830,232$16,216,968$6,123,928$177,314,991
98$235,482,075$16,852,758$6,170,239$195,058,788
99$259,337,402$17,514,699$6,213,097$214,602,287
100$285,620,812$18,203,914$6,252,231$236,128,746