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

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 $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%15.3%
1 years$247,737$245,530$243,378$241,276$239,224$234,012
2 years$122,642$120,358$118,144$115,998$113,916$108,691
3 years$80,949$78,655$76,447$74,321$72,273$67,198
4 years$60,107$57,820$55,634$53,544$51,546$46,660
5 years$47,605$45,332$43,174$41,127$39,184$34,502
6 years$39,273$37,017$34,891$32,890$31,005$26,531
7 years$33,324$31,087$28,995$27,040$25,216$20,950
8 years$28,864$26,647$24,590$22,684$20,919$16,861
9 years$25,397$23,201$21,179$19,321$17,617$13,764
10 years$22,625$20,450$18,465$16,655$15,010$11,358
11 years$20,359$18,206$16,256$14,495$12,909$9,453
12 years$18,471$16,341$14,427$12,714$11,187$7,921
13 years$16,875$14,767$12,889$11,225$9,755$6,674
14 years$15,509$13,423$11,581$9,964$8,551$5,649
15 years$14,326$12,262$10,456$8,886$7,529$4,799
16 years$13,291$11,250$9,480$7,957$6,654$4,089
17 years$12,379$10,361$8,626$7,149$5,900$3,494
18 years$11,570$9,574$7,875$6,443$5,246$2,991
19 years$10,846$8,873$7,209$5,821$4,676$2,566
20 years$10,196$8,245$6,616$5,272$4,177$2,204
21 years$9,608$7,680$6,086$4,785$3,738$1,896
22 years$9,075$7,169$5,609$4,351$3,350$1,633
23 years$8,589$6,705$5,179$3,962$3,007$1,408
24 years$8,143$6,282$4,789$3,614$2,703$1,215
25 years$7,734$5,896$4,436$3,300$2,432$1,049
26 years$7,358$5,541$4,114$3,018$2,191$906
27 years$7,009$5,215$3,820$2,762$1,975$783
28 years$6,686$4,914$3,551$2,531$1,782$677
29 years$6,386$4,636$3,305$2,321$1,610$586
30 years$6,107$4,378$3,078$2,130$1,454$507
31 years$5,846$4,139$2,870$1,956$1,315$439
32 years$5,601$3,916$2,678$1,798$1,189$380
33 years$5,373$3,708$2,500$1,653$1,076$329
34 years$5,158$3,515$2,336$1,521$975$285
35 years$4,955$3,334$2,184$1,400$883$247
36 years$4,765$3,164$2,043$1,290$800$214
37 years$4,585$3,005$1,912$1,188$725$186
38 years$4,415$2,856$1,791$1,095$657$161
39 years$4,254$2,716$1,678$1,010$596$139
40 years$4,101$2,584$1,573$931$541$121
41 years$3,957$2,460$1,475$859$490$105
42 years$3,819$2,342$1,383$793$445$91
43 years$3,689$2,232$1,298$732$404$79
44 years$3,564$2,127$1,218$676$367$68
45 years$3,446$2,029$1,144$624$333$59
46 years$3,333$1,935$1,074$577$302$51
47 years$3,225$1,847$1,009$533$274$45
48 years$3,122$1,763$949$492$249$39
49 years$3,023$1,684$892$455$226$33
50 years$2,929$1,608$838$421$206$29

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 $5,440 every year, while hoping to spend $42,813 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: 38/48/14 Blend
51$3,000,000$3,000,000$3,000,000$3,000,000
52$3,311,611$3,152,611$3,106,111$3,423,221
53$3,603,843$3,261,537$3,164,613$3,612,333
54$3,924,447$3,374,364$3,223,640$3,812,037
55$4,276,273$3,491,240$3,283,165$4,026,929
56$4,662,459$3,612,317$3,343,156$4,258,394
57$5,086,460$3,737,751$3,403,583$4,507,956
58$5,552,085$3,867,707$3,464,409$4,777,287
59$6,063,529$4,002,355$3,525,597$5,068,223
60$6,625,411$4,141,873$3,587,107$5,382,782
61$7,242,823$4,286,444$3,648,895$5,723,183
62$7,921,371$4,436,261$3,710,913$6,091,864
63$8,667,234$4,591,521$3,773,112$6,491,505
64$9,487,219$4,752,432$3,835,438$6,925,053
65$10,388,824$4,919,210$3,897,834$7,395,749
66$11,380,311$5,092,078$3,960,238$7,907,155
67$12,470,782$5,271,269$4,022,586$8,463,191
68$13,670,266$5,457,026$4,084,806$9,068,170
69$14,989,812$5,649,599$4,146,827$9,726,835
70$16,441,595$5,849,252$4,208,568$10,444,404
71$18,039,030$6,056,257$4,269,946$11,226,620
72$19,796,894$6,270,897$4,330,873$12,079,803
73$21,731,474$6,493,468$4,391,254$13,010,906
74$23,860,714$6,724,277$4,450,990$14,027,585
75$26,204,383$6,963,643$4,509,975$15,138,265
76$28,784,268$7,211,899$4,568,097$16,352,219
77$31,624,373$7,469,392$4,625,238$17,679,658
78$34,751,148$7,736,481$4,681,272$19,131,821
79$38,193,738$8,013,542$4,736,068$20,721,083
80$41,984,259$8,300,965$4,789,486$22,461,069
81$46,158,098$8,599,156$4,841,378$24,366,781
82$50,754,248$8,908,540$4,891,589$26,454,740
83$55,815,679$9,229,556$4,939,954$28,743,137
84$61,389,738$9,562,663$4,986,302$31,252,006
85$67,528,597$9,908,340$5,030,450$34,003,409
86$74,289,749$10,267,084$5,072,205$37,021,644
87$81,736,546$10,639,413$5,111,366$40,333,474
88$89,938,797$11,025,868$5,147,720$43,968,372
89$98,973,429$11,427,010$5,181,043$47,958,803
90$108,925,210$11,843,425$5,211,100$52,340,527
91$119,887,554$12,275,725$5,237,643$57,152,933
92$131,963,393$12,724,544$5,260,413$62,439,408
93$145,266,158$13,190,546$5,279,136$68,247,746
94$159,920,844$13,674,420$5,293,525$74,630,597
95$176,065,190$14,176,887$5,303,278$81,645,959
96$193,850,980$14,698,695$5,308,079$89,357,726
97$213,445,477$15,240,628$5,307,596$97,836,286
98$235,032,995$15,803,498$5,301,480$107,159,183
99$258,816,647$16,388,156$5,289,366$117,411,847
100$285,020,255$16,995,486$5,270,870$128,688,397