Can I retire at age 52 with 3,400,000?

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 $3,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$280,769$278,268$275,828$273,446$271,121$266,410
2 years$138,994$136,406$133,897$131,465$129,105$124,374
3 years$91,743$89,143$86,640$84,231$81,910$77,306
4 years$68,121$65,529$63,052$60,683$58,419$53,978
5 years$53,952$51,376$48,931$46,611$44,409$40,144
6 years$44,509$41,952$39,543$37,275$35,139$31,055
7 years$37,767$35,231$32,861$30,646$28,578$24,675
8 years$32,712$30,200$27,869$25,708$23,708$19,986
9 years$28,783$26,294$24,003$21,897$19,965$16,422
10 years$25,642$23,177$20,926$18,876$17,012$13,643
11 years$23,073$20,633$18,423$16,428$14,631$11,434
12 years$20,934$18,519$16,350$14,409$12,679$9,650
13 years$19,126$16,736$14,608$12,721$11,056$8,190
14 years$17,577$15,213$13,125$11,292$9,692$6,984
15 years$16,236$13,897$11,850$10,071$8,533$5,978
16 years$15,063$12,750$10,744$9,017$7,542$5,134
17 years$14,030$11,742$9,777$8,102$6,687$4,421
18 years$13,112$10,851$8,925$7,302$5,946$3,816
19 years$12,293$10,056$8,170$6,598$5,300$3,300
20 years$11,556$9,345$7,498$5,975$4,734$2,859
21 years$10,890$8,704$6,897$5,423$4,236$2,480
22 years$10,285$8,125$6,357$4,931$3,797$2,154
23 years$9,734$7,599$5,869$4,491$3,408$1,873
24 years$9,229$7,120$5,428$4,096$3,064$1,630
25 years$8,766$6,682$5,027$3,740$2,757$1,420
26 years$8,339$6,280$4,663$3,420$2,483$1,237
27 years$7,944$5,910$4,330$3,130$2,239$1,079
28 years$7,578$5,569$4,025$2,868$2,020$942
29 years$7,238$5,254$3,746$2,630$1,824$822
30 years$6,921$4,962$3,489$2,414$1,648$718
31 years$6,625$4,690$3,253$2,217$1,490$627
32 years$6,348$4,438$3,035$2,037$1,348$548
33 years$6,089$4,203$2,834$1,874$1,220$479
34 years$5,845$3,983$2,648$1,724$1,104$419
35 years$5,616$3,778$2,475$1,587$1,000$366
36 years$5,400$3,586$2,316$1,461$906$320
37 years$5,196$3,406$2,167$1,347$821$280
38 years$5,003$3,237$2,030$1,241$745$245
39 years$4,821$3,078$1,901$1,144$675$214
40 years$4,648$2,928$1,782$1,056$613$188
41 years$4,484$2,788$1,671$974$556$164
42 years$4,329$2,655$1,568$899$504$144
43 years$4,181$2,529$1,471$830$458$126
44 years$4,040$2,411$1,381$766$415$110
45 years$3,905$2,299$1,297$707$377$96
46 years$3,777$2,193$1,218$654$342$84
47 years$3,655$2,093$1,144$604$311$74
48 years$3,538$1,998$1,075$558$282$65
49 years$3,426$1,908$1,011$516$256$57
50 years$3,320$1,823$950$477$233$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $3,400,000, adding $4,911 every year, while hoping to spend $57,870 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: 29/47/24 Blend
51$3,400,000$3,400,000$3,400,000$3,400,000
52$3,751,866$3,571,666$3,518,966$3,832,497
53$4,072,983$3,685,104$3,575,278$4,009,057
54$4,424,914$3,802,161$3,631,537$4,193,312
55$4,810,742$3,922,954$3,687,680$4,390,216
56$5,233,861$4,047,601$3,743,640$4,600,897
57$5,698,009$4,176,228$3,799,346$4,826,593
58$6,207,304$4,308,962$3,854,723$5,068,664
59$6,766,283$4,445,935$3,909,690$5,328,605
60$7,379,941$4,587,283$3,964,161$5,608,060
61$8,053,782$4,733,147$4,018,048$5,908,834
62$8,793,870$4,883,673$4,071,255$6,232,913
63$9,606,882$5,039,011$4,123,680$6,582,481
64$10,500,177$5,199,315$4,175,216$6,959,938
65$11,481,860$5,364,746$4,225,750$7,367,927
66$12,560,860$5,535,470$4,275,164$7,809,353
67$13,747,016$5,711,656$4,323,330$8,287,412
68$15,051,165$5,893,481$4,370,115$8,805,624
69$16,485,250$6,081,127$4,415,379$9,367,858
70$18,062,425$6,274,781$4,458,974$9,978,376
71$19,797,186$6,474,639$4,500,743$10,641,867
72$21,705,503$6,680,901$4,540,522$11,363,492
73$23,804,972$6,893,772$4,578,137$12,148,935
74$26,114,980$7,113,468$4,613,406$13,004,450
75$28,656,889$7,340,209$4,646,136$13,936,928
76$31,454,235$7,574,223$4,676,125$14,953,951
77$34,532,953$7,815,746$4,703,161$16,063,871
78$37,921,616$8,065,020$4,727,020$17,275,886
79$41,651,713$8,322,297$4,747,466$18,600,122
80$45,757,934$8,587,837$4,764,253$20,047,735
81$50,278,510$8,861,907$4,777,122$21,631,009
82$55,255,562$9,144,784$4,785,799$23,363,475
83$60,735,505$9,436,755$4,790,000$25,260,037
84$66,769,485$9,738,114$4,789,423$27,337,110
85$73,413,858$10,049,167$4,783,754$29,612,779
86$80,730,725$10,370,230$4,772,663$32,106,963
87$88,788,514$10,701,626$4,755,803$34,841,605
88$97,662,631$11,043,694$4,732,810$37,840,880
89$107,436,164$11,396,780$4,703,305$41,131,417
90$118,200,674$11,761,244$4,666,887$44,742,557
91$130,057,054$12,137,456$4,623,139$48,706,622
92$143,116,482$12,525,800$4,571,623$53,059,224
93$157,501,471$12,926,671$4,511,879$57,839,595
94$173,347,022$13,340,479$4,443,428$63,090,964
95$190,801,901$13,767,646$4,365,766$68,860,957
96$210,030,044$14,208,609$4,278,368$75,202,049
97$231,212,096$14,663,819$4,180,681$82,172,058
98$254,547,127$15,133,743$4,072,131$89,834,689
99$280,254,499$15,618,862$3,952,112$98,260,135
100$308,575,946$16,119,674$3,819,996$107,525,738