Can I retire at age 52 with 2,950,000?

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 $2,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$243,608$241,438$239,321$237,255$235,237$226,891
2 years$120,598$118,352$116,175$114,065$112,018$103,698
3 years$79,600$77,344$75,173$73,082$71,069$63,037
4 years$59,105$56,856$54,707$52,652$50,687$43,004
5 years$46,811$44,576$42,455$40,442$38,531$31,218
6 years$38,618$36,400$34,310$32,341$30,488$23,550
7 years$32,768$30,568$28,512$26,590$24,795$18,231
8 years$28,383$26,203$24,180$22,305$20,570$14,374
9 years$24,974$22,814$20,826$18,999$17,323$11,486
10 years$22,248$20,110$18,157$16,378$14,760$9,274
11 years$20,019$17,902$15,985$14,253$12,694$7,546
12 years$18,163$16,068$14,186$12,502$11,000$6,179
13 years$16,594$14,521$12,674$11,038$9,593$5,085
14 years$15,250$13,199$11,388$9,798$8,409$4,201
15 years$14,087$12,058$10,282$8,738$7,404$3,482
16 years$13,070$11,063$9,322$7,824$6,544$2,893
17 years$12,173$10,188$8,483$7,030$5,802$2,410
18 years$11,377$9,414$7,744$6,335$5,159$2,010
19 years$10,666$8,725$7,089$5,724$4,598$1,680
20 years$10,026$8,108$6,506$5,185$4,107$1,405
21 years$9,448$7,552$5,984$4,705$3,675$1,177
22 years$8,924$7,050$5,515$4,278$3,295$986
23 years$8,445$6,593$5,092$3,896$2,957$827
24 years$8,008$6,178$4,710$3,554$2,658$694
25 years$7,606$5,797$4,362$3,245$2,392$583
26 years$7,235$5,449$4,046$2,967$2,155$489
27 years$6,892$5,128$3,757$2,716$1,943$411
28 years$6,575$4,832$3,492$2,489$1,753$346
29 years$6,280$4,558$3,250$2,282$1,583$291
30 years$6,005$4,305$3,027$2,094$1,430$244
31 years$5,748$4,070$2,822$1,923$1,293$205
32 years$5,508$3,851$2,633$1,768$1,170$173
33 years$5,283$3,647$2,459$1,626$1,058$145
34 years$5,072$3,456$2,297$1,496$958$122
35 years$4,873$3,278$2,148$1,377$868$103
36 years$4,685$3,111$2,009$1,268$786$87
37 years$4,508$2,955$1,880$1,168$713$73
38 years$4,341$2,808$1,761$1,077$646$61
39 years$4,183$2,671$1,650$993$586$52
40 years$4,033$2,541$1,546$916$531$43
41 years$3,891$2,419$1,450$845$482$37
42 years$3,756$2,303$1,360$780$438$31
43 years$3,627$2,195$1,276$720$397$26
44 years$3,505$2,092$1,198$665$360$22
45 years$3,388$1,995$1,125$614$327$18
46 years$3,277$1,903$1,057$567$297$15
47 years$3,171$1,816$993$524$270$13
48 years$3,070$1,734$933$484$245$11
49 years$2,973$1,656$877$447$223$9
50 years$2,880$1,581$824$414$202$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,950,000, adding $3,696 every year, while hoping to spend $35,105 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: 68/14/18 Blend
51$2,950,000$2,950,000$2,950,000$2,950,000
52$3,254,712$3,098,362$3,052,637$3,461,545
53$3,549,342$3,212,831$3,117,549$3,714,601
54$3,872,846$3,331,731$3,183,459$3,986,842
55$4,228,135$3,455,245$3,250,363$4,283,766
56$4,618,411$3,583,558$3,318,257$4,607,801
57$5,047,205$3,716,868$3,387,134$4,961,619
58$5,518,403$3,855,377$3,456,986$5,348,162
59$6,036,289$3,999,300$3,527,804$5,770,669
60$6,605,583$4,148,858$3,599,578$6,232,707
61$7,231,482$4,304,282$3,672,294$6,738,205
62$7,919,716$4,465,814$3,745,938$7,291,486
63$8,676,594$4,633,706$3,820,494$7,897,314
64$9,509,069$4,808,220$3,895,943$8,560,935
65$10,424,802$4,989,631$3,972,265$9,288,124
66$11,432,232$5,178,223$4,049,436$10,085,245
67$12,540,659$5,374,296$4,127,432$10,959,306
68$13,760,330$5,578,160$4,206,225$11,918,025
69$15,102,533$5,790,140$4,285,783$12,969,905
70$16,579,709$6,010,574$4,366,074$14,124,310
71$18,205,564$6,239,816$4,447,062$15,391,556
72$19,995,199$6,478,235$4,528,706$16,783,009
73$21,965,256$6,726,215$4,610,965$18,311,186
74$24,134,071$6,984,159$4,693,791$19,989,879
75$26,521,849$7,252,485$4,777,135$21,834,281
76$29,150,852$7,531,631$4,860,944$23,861,129
77$32,045,612$7,822,054$4,945,159$26,088,862
78$35,233,161$8,124,232$5,029,719$28,537,796
79$38,743,286$8,438,661$5,114,556$31,230,312
80$42,608,808$8,765,862$5,199,601$34,191,070
81$46,865,895$9,106,378$5,284,776$37,447,238
82$51,554,401$9,460,775$5,370,000$41,028,748
83$56,718,242$9,829,646$5,455,188$44,968,582
84$62,405,812$10,213,608$5,540,246$49,303,077
85$68,670,437$10,613,307$5,625,076$54,072,270
86$75,570,879$11,029,416$5,709,574$59,320,275
87$83,171,892$11,462,641$5,793,628$65,095,700
88$91,544,832$11,913,717$5,877,121$71,452,101
89$100,768,327$12,383,412$5,959,927$78,448,489
90$110,929,025$12,872,528$6,041,914$86,149,889
91$122,122,408$13,381,904$6,122,940$94,627,948
92$134,453,693$13,912,417$6,202,858$103,961,612
93$148,038,825$14,464,980$6,281,509$114,237,872
94$163,005,572$15,040,552$6,358,727$125,552,582
95$179,494,732$15,640,130$6,434,335$138,011,363
96$197,661,457$16,264,759$6,508,148$151,730,601
97$217,676,724$16,915,530$6,579,969$166,838,541
98$239,728,942$17,593,583$6,649,590$183,476,501
99$264,025,736$18,300,111$6,716,793$201,800,200
100$290,795,903$19,036,358$6,781,348$221,981,229