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%15%
1 years$280,769$278,268$275,828$273,446$271,121$265,538
2 years$138,994$136,406$133,897$131,465$129,105$123,506
3 years$91,743$89,143$86,640$84,231$81,910$76,469
4 years$68,121$65,529$63,052$60,683$58,419$53,178
5 years$53,952$51,376$48,931$46,611$44,409$39,383
6 years$44,509$41,952$39,543$37,275$35,139$30,334
7 years$37,767$35,231$32,861$30,646$28,578$23,994
8 years$32,712$30,200$27,869$25,708$23,708$19,344
9 years$28,783$26,294$24,003$21,897$19,965$15,819
10 years$25,642$23,177$20,926$18,876$17,012$13,078
11 years$23,073$20,633$18,423$16,428$14,631$10,905
12 years$20,934$18,519$16,350$14,409$12,679$9,156
13 years$19,126$16,736$14,608$12,721$11,056$7,730
14 years$17,577$15,213$13,125$11,292$9,692$6,556
15 years$16,236$13,897$11,850$10,071$8,533$5,581
16 years$15,063$12,750$10,744$9,017$7,542$4,766
17 years$14,030$11,742$9,777$8,102$6,687$4,080
18 years$13,112$10,851$8,925$7,302$5,946$3,501
19 years$12,293$10,056$8,170$6,598$5,300$3,010
20 years$11,556$9,345$7,498$5,975$4,734$2,592
21 years$10,890$8,704$6,897$5,423$4,236$2,235
22 years$10,285$8,125$6,357$4,931$3,797$1,929
23 years$9,734$7,599$5,869$4,491$3,408$1,667
24 years$9,229$7,120$5,428$4,096$3,064$1,442
25 years$8,766$6,682$5,027$3,740$2,757$1,248
26 years$8,339$6,280$4,663$3,420$2,483$1,081
27 years$7,944$5,910$4,330$3,130$2,239$936
28 years$7,578$5,569$4,025$2,868$2,020$812
29 years$7,238$5,254$3,746$2,630$1,824$704
30 years$6,921$4,962$3,489$2,414$1,648$611
31 years$6,625$4,690$3,253$2,217$1,490$530
32 years$6,348$4,438$3,035$2,037$1,348$460
33 years$6,089$4,203$2,834$1,874$1,220$400
34 years$5,845$3,983$2,648$1,724$1,104$347
35 years$5,616$3,778$2,475$1,587$1,000$301
36 years$5,400$3,586$2,316$1,461$906$262
37 years$5,196$3,406$2,167$1,347$821$227
38 years$5,003$3,237$2,030$1,241$745$198
39 years$4,821$3,078$1,901$1,144$675$172
40 years$4,648$2,928$1,782$1,056$613$149
41 years$4,484$2,788$1,671$974$556$130
42 years$4,329$2,655$1,568$899$504$113
43 years$4,181$2,529$1,471$830$458$98
44 years$4,040$2,411$1,381$766$415$85
45 years$3,905$2,299$1,297$707$377$74
46 years$3,777$2,193$1,218$654$342$64
47 years$3,655$2,093$1,144$604$311$56
48 years$3,538$1,998$1,075$558$282$49
49 years$3,426$1,908$1,011$516$256$42
50 years$3,320$1,823$950$477$233$37

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 $2,946 every year, while hoping to spend $40,512 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: 61/32/7 Blend
51$3,400,000$3,400,000$3,400,000$3,400,000
52$3,749,839$3,569,639$3,516,939$3,973,162
53$4,089,218$3,701,447$3,591,652$4,254,653
54$4,461,856$3,838,355$3,667,510$4,556,702
55$4,871,102$3,980,572$3,744,509$4,885,228
56$5,320,647$4,128,312$3,822,642$5,242,783
57$5,814,556$4,281,802$3,901,903$5,632,175
58$6,357,306$4,441,276$3,982,282$6,056,493
59$6,953,830$4,606,978$4,063,768$6,519,134
60$7,609,565$4,779,164$4,146,349$7,023,837
61$8,330,498$4,958,100$4,230,008$7,574,715
62$9,123,226$5,144,064$4,314,731$8,176,296
63$9,995,017$5,337,345$4,400,496$8,833,561
64$10,953,879$5,538,246$4,487,283$9,551,993
65$12,008,636$5,747,080$4,575,068$10,337,627
66$13,169,007$5,964,178$4,663,824$11,197,106
67$14,445,705$6,189,881$4,753,520$12,137,744
68$15,850,529$6,424,548$4,844,126$13,167,591
69$17,396,484$6,668,552$4,935,605$14,295,511
70$19,097,895$6,922,281$5,027,918$15,531,263
71$20,970,551$7,186,143$5,121,023$16,885,593
72$23,031,844$7,460,561$5,214,874$18,370,332
73$25,300,941$7,745,978$5,309,422$19,998,510
74$27,798,962$8,042,855$5,404,612$21,784,475
75$30,549,177$8,351,675$5,500,387$23,744,027
76$33,577,227$8,672,942$5,596,684$25,894,567
77$36,911,367$9,007,179$5,693,436$28,255,262
78$40,582,731$9,354,936$5,790,571$30,847,218
79$44,625,626$9,716,784$5,888,012$33,693,684
80$49,077,856$10,093,322$5,985,676$36,820,268
81$53,981,076$10,485,174$6,083,475$40,255,174
82$59,381,189$10,892,990$6,181,314$44,029,471
83$65,328,775$11,317,452$6,279,094$48,177,383
84$71,879,573$11,759,269$6,376,706$52,736,607
85$79,095,000$12,219,185$6,474,037$57,748,673
86$87,042,739$12,697,973$6,570,965$63,259,327
87$95,797,368$13,196,444$6,667,362$69,318,968
88$105,441,071$13,715,441$6,763,091$75,983,114
89$116,064,413$14,255,850$6,858,006$83,312,930
90$127,767,188$14,818,592$6,951,955$91,375,800
91$140,659,368$15,404,630$7,044,773$100,245,961
92$154,862,139$16,014,972$7,136,288$110,005,202
93$170,509,041$16,650,670$7,226,317$120,743,632
94$187,747,233$17,312,822$7,314,668$132,560,529
95$206,738,877$18,002,577$7,401,136$145,565,273
96$227,662,674$18,721,135$7,485,506$159,878,378
97$250,715,546$19,469,750$7,567,550$175,632,624
98$276,114,497$20,249,732$7,647,027$192,974,307
99$304,098,658$21,062,451$7,723,685$212,064,619
100$334,931,549$21,909,339$7,797,256$233,081,164