Can I retire at age 52 with 2,960,000?

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 $2,960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$244,434$242,257$240,132$238,059$236,035$230,516
2 years$121,007$118,753$116,569$114,451$112,397$106,869
3 years$79,870$77,607$75,428$73,330$71,310$65,944
4 years$59,306$57,049$54,892$52,830$50,859$45,697
5 years$46,970$44,727$42,599$40,579$38,662$33,719
6 years$38,749$36,523$34,426$32,451$30,592$25,872
7 years$32,879$30,672$28,608$26,680$24,879$20,384
8 years$28,479$26,292$24,262$22,381$20,640$16,367
9 years$25,058$22,892$20,897$19,064$17,382$13,328
10 years$22,323$20,178$18,218$16,433$14,810$10,971
11 years$20,087$17,963$16,039$14,302$12,737$9,108
12 years$18,225$16,123$14,234$12,545$11,038$7,612
13 years$16,650$14,570$12,717$11,075$9,625$6,397
14 years$15,302$13,244$11,427$9,831$8,437$5,399
15 years$14,135$12,099$10,317$8,768$7,429$4,574
16 years$13,114$11,100$9,354$7,850$6,566$3,887
17 years$12,214$10,223$8,511$7,054$5,822$3,311
18 years$11,416$9,446$7,770$6,357$5,176$2,827
19 years$10,702$8,755$7,113$5,744$4,614$2,417
20 years$10,060$8,135$6,528$5,202$4,121$2,071
21 years$9,480$7,578$6,004$4,721$3,688$1,776
22 years$8,954$7,074$5,534$4,293$3,306$1,525
23 years$8,474$6,616$5,110$3,909$2,967$1,310
24 years$8,035$6,199$4,726$3,566$2,667$1,127
25 years$7,631$5,817$4,377$3,256$2,400$970
26 years$7,260$5,467$4,059$2,977$2,162$835
27 years$6,916$5,145$3,769$2,725$1,949$720
28 years$6,597$4,848$3,504$2,497$1,759$620
29 years$6,301$4,574$3,261$2,290$1,588$535
30 years$6,025$4,319$3,037$2,101$1,435$461
31 years$5,768$4,083$2,832$1,930$1,297$398
32 years$5,527$3,864$2,642$1,774$1,173$344
33 years$5,301$3,659$2,467$1,631$1,062$297
34 years$5,089$3,468$2,305$1,501$962$256
35 years$4,889$3,289$2,155$1,382$871$221
36 years$4,701$3,122$2,016$1,272$789$191
37 years$4,524$2,965$1,887$1,172$715$165
38 years$4,356$2,818$1,767$1,081$648$142
39 years$4,197$2,680$1,655$996$588$123
40 years$4,047$2,549$1,552$919$533$106
41 years$3,904$2,427$1,455$848$484$92
42 years$3,769$2,311$1,365$782$439$79
43 years$3,640$2,202$1,281$722$398$69
44 years$3,517$2,099$1,202$667$362$59
45 years$3,400$2,002$1,129$616$328$51
46 years$3,288$1,909$1,060$569$298$44
47 years$3,182$1,822$996$526$271$38
48 years$3,080$1,740$936$486$246$33
49 years$2,983$1,661$880$449$223$29
50 years$2,890$1,587$827$415$203$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,960,000, adding $6,917 every year, while hoping to spend $33,876 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: 30/47/23 Blend
51$2,960,000$2,960,000$2,960,000$2,960,000
52$3,269,055$3,112,175$3,066,295$3,343,581
53$3,566,455$3,228,628$3,132,972$3,517,814
54$3,893,054$3,349,651$3,200,747$3,701,636
55$4,251,795$3,475,434$3,269,622$3,898,694
56$4,645,920$3,606,172$3,339,596$4,110,157
57$5,078,999$3,742,070$3,410,668$4,337,305
58$5,554,967$3,883,341$3,482,836$4,581,545
59$6,078,158$4,030,209$3,556,095$4,844,418
60$6,653,347$4,182,906$3,630,441$5,127,616
61$7,285,795$4,341,675$3,705,867$5,432,996
62$7,981,297$4,506,768$3,782,364$5,762,598
63$8,746,239$4,678,450$3,859,924$6,118,661
64$9,587,657$4,856,996$3,938,533$6,503,643
65$10,513,303$5,042,693$4,018,179$6,920,246
66$11,531,718$5,235,843$4,098,845$7,371,438
67$12,652,311$5,436,758$4,180,515$7,860,481
68$13,885,453$5,645,764$4,263,168$8,390,959
69$15,242,567$5,863,204$4,346,782$8,966,811
70$16,736,242$6,089,434$4,431,332$9,592,371
71$18,380,347$6,324,826$4,516,791$10,272,399
72$20,190,168$6,569,767$4,603,128$11,012,134
73$22,182,543$6,824,664$4,690,311$11,817,334
74$24,376,030$7,089,940$4,778,304$12,694,336
75$26,791,074$7,366,037$4,867,067$13,650,106
76$29,450,207$7,653,416$4,956,556$14,692,312
77$32,378,255$7,952,559$5,046,727$15,829,387
78$35,602,573$8,263,971$5,137,529$17,070,612
79$39,153,306$8,588,176$5,228,907$18,426,200
80$43,063,671$8,925,724$5,320,803$19,907,388
81$47,370,270$9,277,190$5,413,155$21,526,546
82$52,113,437$9,643,171$5,505,894$23,297,288
83$57,337,615$10,024,294$5,598,950$25,234,597
84$63,091,781$10,421,214$5,692,244$27,354,971
85$69,429,903$10,834,613$5,785,694$29,676,568
86$76,411,450$11,265,206$5,879,211$32,219,380
87$84,101,955$11,713,738$5,972,702$35,005,418
88$92,573,632$12,180,990$6,066,066$38,058,916
89$101,906,059$12,667,775$6,159,195$41,406,559
90$112,186,926$13,174,944$6,251,977$45,077,731
91$123,512,864$13,703,388$6,344,290$49,104,788
92$135,990,358$14,254,037$6,436,006$53,523,361
93$149,736,751$14,827,861$6,526,989$58,372,692
94$164,881,351$15,425,877$6,617,094$63,695,995
95$181,566,650$16,049,146$6,706,168$69,540,868
96$199,949,673$16,698,779$6,794,049$75,959,730
97$220,203,456$17,375,936$6,880,566$83,010,319
98$242,518,681$18,081,829$6,965,537$90,756,229
99$267,105,474$18,817,727$7,048,771$99,267,509
100$294,195,392$19,584,955$7,130,064$108,621,316