Can I retire at age 52 with 2,240,000?

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 $2,240,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$184,977$183,329$181,722$180,153$178,621$177,198
2 years$91,573$89,867$88,215$86,612$85,057$83,623
3 years$60,442$58,729$57,081$55,493$53,964$52,563
4 years$44,880$43,172$41,540$39,980$38,488$37,130
5 years$35,545$33,848$32,237$30,708$29,258$27,948
6 years$29,324$27,639$26,052$24,558$23,151$21,891
7 years$24,882$23,211$21,649$20,190$18,828$17,618
8 years$21,552$19,896$18,360$16,937$15,619$14,459
9 years$18,963$17,323$15,814$14,427$13,154$12,043
10 years$16,893$15,270$13,787$12,436$11,208$10,146
11 years$15,201$13,594$12,138$10,823$9,639$8,626
12 years$13,792$12,201$10,772$9,493$8,353$7,387
13 years$12,600$11,026$9,624$8,381$7,284$6,365
14 years$11,580$10,022$8,647$7,440$6,385$5,511
15 years$10,696$9,156$7,807$6,635$5,622$4,792
16 years$9,924$8,400$7,078$5,941$4,969$4,181
17 years$9,243$7,736$6,441$5,338$4,406$3,659
18 years$8,639$7,149$5,880$4,810$3,917$3,211
19 years$8,099$6,625$5,383$4,347$3,491$2,824
20 years$7,613$6,157$4,940$3,937$3,119$2,488
21 years$7,174$5,735$4,544$3,573$2,791$2,196
22 years$6,776$5,353$4,188$3,249$2,502$1,941
23 years$6,413$5,007$3,867$2,959$2,246$1,718
24 years$6,080$4,691$3,576$2,698$2,018$1,522
25 years$5,775$4,402$3,312$2,464$1,816$1,350
26 years$5,494$4,137$3,072$2,253$1,636$1,198
27 years$5,234$3,894$2,853$2,062$1,475$1,064
28 years$4,992$3,669$2,652$1,890$1,331$946
29 years$4,768$3,461$2,468$1,733$1,202$841
30 years$4,560$3,269$2,299$1,590$1,086$749
31 years$4,365$3,090$2,143$1,461$982$666
32 years$4,182$2,924$1,999$1,342$888$594
33 years$4,012$2,769$1,867$1,234$804$529
34 years$3,851$2,624$1,744$1,136$728$471
35 years$3,700$2,489$1,631$1,045$659$420
36 years$3,558$2,363$1,526$963$597$375
37 years$3,423$2,244$1,428$887$541$334
38 years$3,296$2,132$1,337$818$491$298
39 years$3,176$2,028$1,253$754$445$266
40 years$3,062$1,929$1,174$695$404$238
41 years$2,954$1,836$1,101$642$366$212
42 years$2,852$1,749$1,033$592$332$189
43 years$2,754$1,666$969$547$302$169
44 years$2,661$1,588$910$505$274$151
45 years$2,573$1,515$854$466$248$135
46 years$2,489$1,445$802$431$226$120
47 years$2,408$1,379$754$398$205$107
48 years$2,331$1,316$708$368$186$96
49 years$2,257$1,257$666$340$169$86
50 years$2,187$1,201$626$314$153$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,240,000, adding $4,130 every year, while hoping to spend $26,777 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: 59/15/26 Blend
51$2,240,000$2,240,000$2,240,000$2,240,000
52$2,472,740$2,354,020$2,319,300$2,601,026
53$2,696,469$2,440,877$2,368,506$2,775,876
54$2,942,121$2,531,092$2,418,463$2,963,281
55$3,211,904$2,624,801$2,469,168$3,167,129
56$3,508,249$2,722,148$2,520,616$3,389,022
57$3,833,837$2,823,280$2,572,804$3,630,724
58$4,191,619$2,928,351$2,625,723$3,894,177
59$4,584,847$3,037,523$2,679,367$4,181,519
60$5,017,102$3,150,963$2,733,728$4,495,102
61$5,492,333$3,268,846$2,788,794$4,837,519
62$6,014,887$3,391,356$2,844,555$5,211,621
63$6,589,556$3,518,682$2,900,997$5,620,551
64$7,221,617$3,651,024$2,958,107$6,067,767
65$7,916,885$3,788,588$3,015,867$6,557,080
66$8,681,769$3,931,590$3,074,260$7,092,684
67$9,523,328$4,080,257$3,133,266$7,679,199
68$10,449,341$4,234,822$3,192,864$8,321,715
69$11,468,378$4,395,533$3,253,029$9,025,836
70$12,589,882$4,562,644$3,313,735$9,797,736
71$13,824,260$4,736,423$3,374,955$10,644,213
72$15,182,975$4,917,149$3,436,657$11,572,760
73$16,678,662$5,105,112$3,498,808$12,591,626
74$18,325,240$5,300,617$3,561,373$13,709,899
75$20,138,048$5,503,981$3,624,312$14,937,593
76$22,133,986$5,715,533$3,687,584$16,285,738
77$24,331,679$5,935,621$3,751,144$17,766,483
78$26,751,647$6,164,603$3,814,945$19,393,216
79$29,416,503$6,402,857$3,878,934$21,180,685
80$32,351,165$6,650,775$3,943,056$23,145,137
81$35,583,089$6,908,768$4,007,253$25,304,473
82$39,142,530$7,177,264$4,071,462$27,678,414
83$43,062,828$7,456,710$4,135,617$30,288,692
84$47,380,721$7,747,573$4,199,644$33,159,245
85$52,136,692$8,050,341$4,263,470$36,316,452
86$57,375,350$8,365,524$4,327,012$39,789,376
87$63,145,855$8,693,653$4,390,185$43,610,040
88$69,502,374$9,035,285$4,452,899$47,813,726
89$76,504,602$9,390,999$4,515,057$52,439,311
90$84,218,315$9,761,402$4,576,555$57,529,630
91$92,716,001$10,147,128$4,637,287$63,131,884
92$102,077,533$10,548,838$4,697,137$69,298,079
93$112,390,934$10,967,224$4,755,983$76,085,521
94$123,753,199$11,403,007$4,813,698$83,557,354
95$136,271,214$11,856,943$4,870,146$91,783,155
96$150,062,765$12,329,820$4,925,183$100,839,594
97$165,257,648$12,822,463$4,978,658$110,811,150
98$181,998,897$13,335,733$5,030,412$121,790,912
99$200,444,130$13,870,529$5,080,276$133,881,459
100$220,767,039$14,427,792$5,128,072$147,195,822