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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.4%
1 years$246,911$244,712$242,566$240,472$238,427$229,420
2 years$122,233$119,957$117,751$115,611$113,537$104,567
3 years$80,679$78,393$76,192$74,073$72,032$63,382
4 years$59,907$57,627$55,449$53,366$51,374$43,109
5 years$47,446$45,180$43,030$40,990$39,054$31,195
6 years$39,142$36,893$34,775$32,780$30,902$23,456
7 years$33,213$30,983$28,898$26,950$25,131$18,095
8 years$28,768$26,558$24,508$22,608$20,849$14,216
9 years$25,312$23,124$21,109$19,257$17,558$11,319
10 years$22,550$20,382$18,403$16,600$14,960$9,104
11 years$20,291$18,145$16,202$14,447$12,866$7,379
12 years$18,410$16,286$14,379$12,672$11,150$6,018
13 years$16,819$14,718$12,846$11,187$9,723$4,932
14 years$15,457$13,378$11,542$9,931$8,523$4,058
15 years$14,278$12,221$10,421$8,856$7,504$3,349
16 years$13,247$11,213$9,448$7,930$6,632$2,771
17 years$12,338$10,326$8,598$7,125$5,881$2,297
18 years$11,531$9,542$7,849$6,421$5,229$1,908
19 years$10,810$8,844$7,185$5,802$4,660$1,587
20 years$10,162$8,218$6,594$5,255$4,163$1,321
21 years$9,576$7,655$6,065$4,769$3,725$1,101
22 years$9,045$7,145$5,590$4,336$3,339$919
23 years$8,560$6,683$5,161$3,949$2,997$767
24 years$8,116$6,261$4,773$3,602$2,694$641
25 years$7,709$5,876$4,421$3,289$2,424$535
26 years$7,333$5,523$4,100$3,008$2,184$447
27 years$6,986$5,197$3,808$2,753$1,969$374
28 years$6,664$4,897$3,540$2,522$1,777$313
29 years$6,365$4,620$3,294$2,313$1,604$262
30 years$6,086$4,363$3,068$2,123$1,449$219
31 years$5,826$4,125$2,860$1,950$1,310$183
32 years$5,583$3,903$2,669$1,792$1,185$153
33 years$5,355$3,696$2,492$1,648$1,073$128
34 years$5,140$3,503$2,328$1,516$971$107
35 years$4,939$3,323$2,177$1,396$880$90
36 years$4,749$3,154$2,036$1,285$797$75
37 years$4,570$2,995$1,906$1,184$722$63
38 years$4,400$2,846$1,785$1,091$655$53
39 years$4,240$2,707$1,672$1,006$594$44
40 years$4,088$2,575$1,567$928$539$37
41 years$3,944$2,451$1,470$856$489$31
42 years$3,807$2,335$1,379$790$443$26
43 years$3,676$2,224$1,294$730$402$22
44 years$3,553$2,120$1,214$674$365$18
45 years$3,434$2,022$1,140$622$332$15
46 years$3,322$1,929$1,071$575$301$13
47 years$3,214$1,841$1,006$531$273$11
48 years$3,112$1,757$945$491$248$9
49 years$3,013$1,678$889$453$226$8
50 years$2,919$1,603$835$419$205$6

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 $2,848 every year, while hoping to spend $27,640 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: 50/21/29 Blend
51$2,990,000$2,990,000$2,990,000$2,990,000
52$3,297,918$3,139,448$3,093,103$3,435,582
53$3,604,897$3,263,872$3,167,313$3,656,676
54$3,942,261$3,393,467$3,243,083$3,893,887
55$4,313,081$3,528,456$3,320,435$4,151,197
56$4,720,739$3,669,074$3,399,394$4,430,528
57$5,168,961$3,815,565$3,479,980$4,733,995
58$5,661,853$3,968,186$3,562,218$5,063,921
59$6,203,939$4,127,204$3,646,129$5,422,867
60$6,800,201$4,292,897$3,731,735$5,813,645
61$7,456,131$4,465,559$3,819,057$6,239,351
62$8,177,779$4,645,494$3,908,118$6,703,394
63$8,971,810$4,833,021$3,998,938$7,209,523
64$9,845,570$5,028,473$4,091,537$7,761,863
65$10,807,149$5,232,200$4,185,935$8,364,958
66$11,865,466$5,444,565$4,282,151$9,023,805
67$13,030,344$5,665,950$4,380,204$9,743,908
68$14,312,610$5,896,752$4,480,112$10,531,326
69$15,724,193$6,137,389$4,581,892$11,392,727
70$17,278,235$6,388,296$4,685,559$12,335,455
71$18,989,219$6,649,927$4,791,130$13,367,595
72$20,873,106$6,922,759$4,898,619$14,498,050
73$22,947,478$7,207,290$5,008,039$15,736,622
74$25,231,714$7,504,041$5,119,401$17,094,106
75$27,747,166$7,813,555$5,232,718$18,582,392
76$30,517,360$8,136,403$5,347,997$20,214,570
77$33,568,224$8,473,180$5,465,249$22,005,061
78$36,928,326$8,824,509$5,584,478$23,969,745
79$40,629,147$9,191,042$5,705,689$26,126,112
80$44,705,377$9,573,460$5,828,887$28,493,429
81$49,195,242$9,972,476$5,954,071$31,092,916
82$54,140,866$10,388,836$6,081,241$33,947,946
83$59,588,666$10,823,321$6,210,395$37,084,268
84$65,589,793$11,276,747$6,341,526$40,530,242
85$72,200,612$11,749,967$6,474,627$44,317,114
86$79,483,235$12,243,877$6,609,688$48,479,300
87$87,506,108$12,759,409$6,746,695$53,054,716
88$96,344,655$13,297,544$6,885,633$58,085,131
89$106,081,991$13,859,305$7,026,483$63,616,563
90$116,809,705$14,445,762$7,169,222$69,699,706
91$128,628,728$15,058,038$7,313,824$76,390,413
92$141,650,281$15,697,304$7,460,260$83,750,215
93$155,996,928$16,364,790$7,608,496$91,846,907
94$171,803,729$17,061,779$7,758,495$100,755,179
95$189,219,520$17,789,617$7,910,216$110,557,322
96$208,408,314$18,549,711$8,063,611$121,344,006
97$229,550,849$19,343,534$8,218,629$133,215,125
98$252,846,297$20,172,629$8,375,214$146,280,747
99$278,514,140$21,038,609$8,533,305$160,662,143
100$306,796,246$21,943,164$8,692,834$176,492,934