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%12.3%
1 years$247,737$245,530$243,378$241,276$239,224$236,923
2 years$122,642$120,358$118,144$115,998$113,916$111,598
3 years$80,949$78,655$76,447$74,321$72,273$70,010
4 years$60,107$57,820$55,634$53,544$51,546$49,355
5 years$47,605$45,332$43,174$41,127$39,184$37,072
6 years$39,273$37,017$34,891$32,890$31,005$28,975
7 years$33,324$31,087$28,995$27,040$25,216$23,267
8 years$28,864$26,647$24,590$22,684$20,919$19,053
9 years$25,397$23,201$21,179$19,321$17,617$15,832
10 years$22,625$20,450$18,465$16,655$15,010$13,306
11 years$20,359$18,206$16,256$14,495$12,909$11,285
12 years$18,471$16,341$14,427$12,714$11,187$9,640
13 years$16,875$14,767$12,889$11,225$9,755$8,284
14 years$15,509$13,423$11,581$9,964$8,551$7,154
15 years$14,326$12,262$10,456$8,886$7,529$6,203
16 years$13,291$11,250$9,480$7,957$6,654$5,398
17 years$12,379$10,361$8,626$7,149$5,900$4,711
18 years$11,570$9,574$7,875$6,443$5,246$4,122
19 years$10,846$8,873$7,209$5,821$4,676$3,615
20 years$10,196$8,245$6,616$5,272$4,177$3,176
21 years$9,608$7,680$6,086$4,785$3,738$2,795
22 years$9,075$7,169$5,609$4,351$3,350$2,463
23 years$8,589$6,705$5,179$3,962$3,007$2,173
24 years$8,143$6,282$4,789$3,614$2,703$1,919
25 years$7,734$5,896$4,436$3,300$2,432$1,697
26 years$7,358$5,541$4,114$3,018$2,191$1,501
27 years$7,009$5,215$3,820$2,762$1,975$1,329
28 years$6,686$4,914$3,551$2,531$1,782$1,178
29 years$6,386$4,636$3,305$2,321$1,610$1,044
30 years$6,107$4,378$3,078$2,130$1,454$926
31 years$5,846$4,139$2,870$1,956$1,315$822
32 years$5,601$3,916$2,678$1,798$1,189$730
33 years$5,373$3,708$2,500$1,653$1,076$648
34 years$5,158$3,515$2,336$1,521$975$576
35 years$4,955$3,334$2,184$1,400$883$511
36 years$4,765$3,164$2,043$1,290$800$455
37 years$4,585$3,005$1,912$1,188$725$404
38 years$4,415$2,856$1,791$1,095$657$359
39 years$4,254$2,716$1,678$1,010$596$319
40 years$4,101$2,584$1,573$931$541$284
41 years$3,957$2,460$1,475$859$490$253
42 years$3,819$2,342$1,383$793$445$225
43 years$3,689$2,232$1,298$732$404$200
44 years$3,564$2,127$1,218$676$367$178
45 years$3,446$2,029$1,144$624$333$158
46 years$3,333$1,935$1,074$577$302$141
47 years$3,225$1,847$1,009$533$274$125
48 years$3,122$1,763$949$492$249$112
49 years$3,023$1,684$892$455$226$99
50 years$2,929$1,608$838$421$206$88

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 $3,349 every year, while hoping to spend $56,178 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: 83/6/11 Blend
51$3,000,000$3,000,000$3,000,000$3,000,000
52$3,309,454$3,150,454$3,103,954$3,577,873
53$3,587,246$3,245,054$3,148,164$3,848,709
54$3,891,489$3,342,406$3,191,972$4,138,268
55$4,224,823$3,442,586$3,235,305$4,454,564
56$4,590,154$3,545,671$3,278,086$4,800,252
57$4,990,682$3,651,741$3,320,234$5,178,255
58$5,429,932$3,760,877$3,361,663$5,591,793
59$5,911,787$3,873,162$3,402,281$6,044,413
60$6,440,523$3,988,681$3,441,991$6,540,019
61$7,020,852$4,107,521$3,480,693$7,082,915
62$7,657,960$4,229,772$3,518,278$7,677,840
63$8,357,565$4,355,523$3,554,632$8,330,016
64$9,125,961$4,484,869$3,589,638$9,045,192
65$9,970,086$4,617,904$3,623,167$9,829,706
66$10,897,580$4,754,726$3,655,088$10,690,538
67$11,916,860$4,895,435$3,685,261$11,635,376
68$13,037,201$5,040,132$3,713,538$12,672,694
69$14,268,817$5,188,921$3,739,764$13,811,824
70$15,622,967$5,341,908$3,763,776$15,063,052
71$17,112,049$5,499,201$3,785,402$16,437,705
72$18,749,727$5,660,911$3,804,462$17,948,270
73$20,551,055$5,827,151$3,820,767$19,608,498
74$22,532,616$5,998,035$3,834,116$21,433,546
75$24,712,686$6,173,682$3,844,302$23,440,111
76$27,111,397$6,354,210$3,851,104$25,646,593
77$29,750,935$6,539,741$3,854,291$28,073,263
78$32,655,742$6,730,400$3,853,621$30,742,459
79$35,852,751$6,926,313$3,848,841$33,678,796
80$39,371,638$7,127,609$3,839,684$36,909,394
81$43,245,101$7,334,418$3,825,869$40,464,140
82$47,509,171$7,546,874$3,807,105$44,375,962
83$52,203,548$7,765,112$3,783,084$48,681,148
84$57,371,976$7,989,269$3,753,484$53,419,682
85$63,062,660$8,219,485$3,717,969$58,635,625
86$69,328,714$8,455,903$3,676,183$64,377,527
87$76,228,666$8,698,666$3,627,759$70,698,890
88$83,827,009$8,947,919$3,572,307$77,658,668
89$92,194,807$9,203,810$3,509,423$85,321,824
90$101,410,371$9,466,490$3,438,682$93,759,947
91$111,559,990$9,736,109$3,359,639$103,051,923
92$122,738,752$10,012,822$3,271,830$113,284,681
93$135,051,436$10,296,781$3,174,768$124,554,015
94$148,613,504$10,588,145$3,067,944$136,965,485
95$163,552,188$10,887,071$2,950,826$150,635,414
96$180,007,691$11,193,717$2,822,859$165,691,989
97$198,134,511$11,508,244$2,683,460$182,276,467
98$218,102,896$11,830,813$2,532,021$200,544,509
99$240,100,454$12,161,586$2,367,906$220,667,651
100$264,333,922$12,500,725$2,190,453$242,834,923