Can I retire at age 52 with 2,990,000?

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 $2,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$246,911$244,712$242,566$240,472$238,427$234,961
2 years$122,233$119,957$117,751$115,611$113,537$110,052
3 years$80,679$78,393$76,192$74,073$72,032$68,637
4 years$59,907$57,627$55,449$53,366$51,374$48,095
5 years$47,446$45,180$43,030$40,990$39,054$35,900
6 years$39,142$36,893$34,775$32,780$30,902$27,877
7 years$33,213$30,983$28,898$26,950$25,131$22,237
8 years$28,768$26,558$24,508$22,608$20,849$18,084
9 years$25,312$23,124$21,109$19,257$17,558$14,921
10 years$22,550$20,382$18,403$16,600$14,960$12,450
11 years$20,291$18,145$16,202$14,447$12,866$10,480
12 years$18,410$16,286$14,379$12,672$11,150$8,884
13 years$16,819$14,718$12,846$11,187$9,723$7,575
14 years$15,457$13,378$11,542$9,931$8,523$6,490
15 years$14,278$12,221$10,421$8,856$7,504$5,582
16 years$13,247$11,213$9,448$7,930$6,632$4,817
17 years$12,338$10,326$8,598$7,125$5,881$4,169
18 years$11,531$9,542$7,849$6,421$5,229$3,617
19 years$10,810$8,844$7,185$5,802$4,660$3,144
20 years$10,162$8,218$6,594$5,255$4,163$2,738
21 years$9,576$7,655$6,065$4,769$3,725$2,387
22 years$9,045$7,145$5,590$4,336$3,339$2,085
23 years$8,560$6,683$5,161$3,949$2,997$1,823
24 years$8,116$6,261$4,773$3,602$2,694$1,595
25 years$7,709$5,876$4,421$3,289$2,424$1,397
26 years$7,333$5,523$4,100$3,008$2,184$1,224
27 years$6,986$5,197$3,808$2,753$1,969$1,074
28 years$6,664$4,897$3,540$2,522$1,777$942
29 years$6,365$4,620$3,294$2,313$1,604$827
30 years$6,086$4,363$3,068$2,123$1,449$727
31 years$5,826$4,125$2,860$1,950$1,310$638
32 years$5,583$3,903$2,669$1,792$1,185$561
33 years$5,355$3,696$2,492$1,648$1,073$493
34 years$5,140$3,503$2,328$1,516$971$434
35 years$4,939$3,323$2,177$1,396$880$382
36 years$4,749$3,154$2,036$1,285$797$336
37 years$4,570$2,995$1,906$1,184$722$295
38 years$4,400$2,846$1,785$1,091$655$260
39 years$4,240$2,707$1,672$1,006$594$229
40 years$4,088$2,575$1,567$928$539$201
41 years$3,944$2,451$1,470$856$489$177
42 years$3,807$2,335$1,379$790$443$156
43 years$3,676$2,224$1,294$730$402$138
44 years$3,553$2,120$1,214$674$365$121
45 years$3,434$2,022$1,140$622$332$107
46 years$3,322$1,929$1,071$575$301$94
47 years$3,214$1,841$1,006$531$273$83
48 years$3,112$1,757$945$491$248$73
49 years$3,013$1,678$889$453$226$64
50 years$2,919$1,603$835$419$205$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,990,000, adding $3,884 every year, while hoping to spend $42,136 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: 59/29/12 Blend
51$2,990,000$2,990,000$2,990,000$2,990,000
52$3,298,986$3,140,516$3,094,171$3,483,736
53$3,590,651$3,249,569$3,152,994$3,717,670
54$3,910,652$3,362,554$3,212,374$3,967,575
55$4,261,838$3,479,617$3,272,288$4,239,065
56$4,647,341$3,600,915$3,332,705$4,534,223
57$5,070,616$3,726,606$3,393,597$4,855,337
58$5,535,466$3,856,857$3,454,930$5,204,929
59$6,046,082$3,991,841$3,516,669$5,585,771
60$6,607,080$4,131,739$3,578,774$6,000,915
61$7,223,545$4,276,737$3,641,206$6,453,718
62$7,901,079$4,427,029$3,703,919$6,947,877
63$8,645,855$4,582,820$3,766,866$7,487,462
64$9,464,672$4,744,318$3,829,996$8,076,950
65$10,365,023$4,911,743$3,893,255$8,721,273
66$11,355,160$5,085,323$3,956,584$9,425,860
67$12,444,177$5,265,295$4,019,920$10,196,688
68$13,642,094$5,451,906$4,083,199$11,040,337
69$14,959,950$5,645,412$4,146,349$11,964,055
70$16,409,908$5,846,080$4,209,294$12,975,822
71$18,005,369$6,054,188$4,271,956$14,084,427
72$19,761,099$6,270,025$4,334,248$15,299,546
73$21,693,367$6,493,893$4,396,082$16,631,839
74$23,820,101$6,726,104$4,457,361$18,093,046
75$26,161,053$6,966,985$4,517,985$19,696,095
76$28,737,988$7,216,875$4,577,845$21,455,229
77$31,574,889$7,476,128$4,636,828$23,386,134
78$34,698,181$7,745,111$4,694,815$25,506,087
79$38,136,982$8,024,208$4,751,678$27,834,124
80$41,923,377$8,313,818$4,807,283$30,391,209
81$46,092,723$8,614,356$4,861,488$33,200,439
82$50,683,976$8,926,255$4,914,143$36,287,257
83$55,740,066$9,249,965$4,965,091$39,679,692
84$61,308,295$9,585,957$5,014,165$43,408,622
85$67,440,791$9,934,718$5,061,189$47,508,067
86$74,194,992$10,296,759$5,105,978$52,015,503
87$81,634,190$10,672,610$5,148,338$56,972,220
88$89,828,134$11,062,824$5,188,064$62,423,710
89$98,853,678$11,467,977$5,224,938$68,420,091
90$108,795,515$11,888,669$5,258,735$75,016,583
91$119,746,970$12,325,526$5,289,215$82,274,025
92$131,810,884$12,779,200$5,316,127$90,259,450
93$145,100,583$13,250,371$5,339,207$99,046,715
94$159,740,950$13,739,746$5,358,177$108,717,197
95$175,869,597$14,248,063$5,372,746$119,360,558
96$193,638,170$14,776,093$5,382,608$131,075,591
97$213,213,779$15,324,637$5,387,441$143,971,153
98$234,780,573$15,894,533$5,386,908$158,167,186
99$258,541,477$16,486,651$5,380,656$173,795,851
100$284,720,113$17,101,902$5,368,312$191,002,772