Can I retire at age 52 with 3,000,000?

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 $3,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$247,737$245,530$243,378$241,276$239,224$231,938
2 years$122,642$120,358$118,144$115,998$113,916$106,638
3 years$80,949$78,655$76,447$74,321$72,273$65,231
4 years$60,107$57,820$55,634$53,544$51,546$44,794
5 years$47,605$45,332$43,174$41,127$39,184$32,741
6 years$39,273$37,017$34,891$32,890$31,005$24,876
7 years$33,324$31,087$28,995$27,040$25,216$19,400
8 years$28,864$26,647$24,590$22,684$20,919$15,414
9 years$25,397$23,201$21,179$19,321$17,617$12,416
10 years$22,625$20,450$18,465$16,655$15,010$10,106
11 years$20,359$18,206$16,256$14,495$12,909$8,294
12 years$18,471$16,341$14,427$12,714$11,187$6,850
13 years$16,875$14,767$12,889$11,225$9,755$5,687
14 years$15,509$13,423$11,581$9,964$8,551$4,741
15 years$14,326$12,262$10,456$8,886$7,529$3,966
16 years$13,291$11,250$9,480$7,957$6,654$3,327
17 years$12,379$10,361$8,626$7,149$5,900$2,797
18 years$11,570$9,574$7,875$6,443$5,246$2,356
19 years$10,846$8,873$7,209$5,821$4,676$1,988
20 years$10,196$8,245$6,616$5,272$4,177$1,680
21 years$9,608$7,680$6,086$4,785$3,738$1,421
22 years$9,075$7,169$5,609$4,351$3,350$1,203
23 years$8,589$6,705$5,179$3,962$3,007$1,019
24 years$8,143$6,282$4,789$3,614$2,703$864
25 years$7,734$5,896$4,436$3,300$2,432$733
26 years$7,358$5,541$4,114$3,018$2,191$622
27 years$7,009$5,215$3,820$2,762$1,975$528
28 years$6,686$4,914$3,551$2,531$1,782$449
29 years$6,386$4,636$3,305$2,321$1,610$381
30 years$6,107$4,378$3,078$2,130$1,454$324
31 years$5,846$4,139$2,870$1,956$1,315$276
32 years$5,601$3,916$2,678$1,798$1,189$234
33 years$5,373$3,708$2,500$1,653$1,076$199
34 years$5,158$3,515$2,336$1,521$975$169
35 years$4,955$3,334$2,184$1,400$883$144
36 years$4,765$3,164$2,043$1,290$800$123
37 years$4,585$3,005$1,912$1,188$725$104
38 years$4,415$2,856$1,791$1,095$657$89
39 years$4,254$2,716$1,678$1,010$596$75
40 years$4,101$2,584$1,573$931$541$64
41 years$3,957$2,460$1,475$859$490$55
42 years$3,819$2,342$1,383$793$445$46
43 years$3,689$2,232$1,298$732$404$40
44 years$3,564$2,127$1,218$676$367$34
45 years$3,446$2,029$1,144$624$333$29
46 years$3,333$1,935$1,074$577$302$24
47 years$3,225$1,847$1,009$533$274$21
48 years$3,122$1,763$949$492$249$18
49 years$3,023$1,684$892$455$226$15
50 years$2,929$1,608$838$421$206$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $3,000,000, adding $6,336 every year, while hoping to spend $34,668 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: 36/37/27 Blend
51$3,000,000$3,000,000$3,000,000$3,000,000
52$3,312,536$3,153,536$3,107,036$3,404,716
53$3,613,528$3,271,172$3,174,235$3,591,310
54$3,944,059$3,393,411$3,242,523$3,789,013
55$4,307,106$3,520,442$3,311,901$4,001,781
56$4,705,948$3,652,460$3,382,366$4,230,992
57$5,144,196$3,789,672$3,453,917$4,478,157
58$5,625,830$3,932,292$3,526,550$4,744,938
59$6,155,234$4,080,544$3,600,258$5,033,159
60$6,737,238$4,234,660$3,675,037$5,344,825
61$7,377,162$4,394,885$3,750,877$5,682,138
62$8,080,870$4,561,471$3,827,768$6,047,522
63$8,854,820$4,734,684$3,905,699$6,443,637
64$9,706,128$4,914,800$3,984,657$6,873,410
65$10,642,635$5,102,108$4,064,625$7,340,060
66$11,672,980$5,296,908$4,145,586$7,847,126
67$12,806,682$5,499,513$4,227,521$8,398,500
68$14,054,227$5,710,253$4,310,407$8,998,464
69$15,427,172$5,929,470$4,394,219$9,651,729
70$16,938,249$6,157,519$4,478,930$10,363,476
71$18,601,487$6,394,774$4,564,511$11,139,408
72$20,432,344$6,641,624$4,650,928$11,985,800
73$22,447,855$6,898,474$4,738,146$12,909,556
74$24,666,787$7,165,751$4,826,124$13,918,277
75$27,109,822$7,443,895$4,914,822$15,020,327
76$29,799,747$7,733,369$5,004,192$16,224,913
77$32,761,673$8,034,656$5,094,185$17,542,170
78$36,023,270$8,348,261$5,184,746$18,983,257
79$39,615,027$8,674,709$5,275,819$20,560,458
80$43,570,541$9,014,551$5,367,339$22,287,297
81$47,926,833$9,368,360$5,459,242$24,178,665
82$52,724,697$9,736,738$5,551,454$26,250,961
83$58,009,088$10,120,309$5,643,899$28,522,239
84$63,829,540$10,519,730$5,736,495$31,012,382
85$70,240,640$10,935,683$5,829,154$33,743,288
86$77,302,536$11,368,883$5,921,782$36,739,069
87$85,081,513$11,820,076$6,014,280$40,026,284
88$93,650,611$12,290,043$6,106,542$43,634,183
89$103,090,316$12,779,598$6,198,454$47,594,981
90$113,489,322$13,289,592$6,289,896$51,944,162
91$124,945,366$13,820,915$6,380,741$56,720,810
92$137,566,151$14,374,498$6,470,853$61,967,977
93$151,470,361$14,951,311$6,560,090$67,733,083
94$166,788,784$15,552,371$6,648,298$74,068,368
95$183,665,541$16,178,739$6,735,318$81,031,374
96$202,259,453$16,831,524$6,820,978$88,685,493
97$222,745,535$17,511,886$6,905,098$97,100,556
98$245,316,650$18,221,039$6,987,489$106,353,493
99$270,185,326$18,960,248$7,067,948$116,529,055
100$297,585,769$19,730,840$7,146,264$127,720,611