Can I retire at age 52 with 2,320,000?

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 $2,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$191,583$189,877$188,212$186,587$185,000$182,688
2 years$94,843$93,077$91,365$89,705$88,095$85,769
3 years$62,601$60,827$59,119$57,475$55,891$53,623
4 years$46,483$44,714$43,024$41,408$39,862$37,669
5 years$36,814$35,056$33,388$31,805$30,303$28,191
6 years$30,371$28,626$26,983$25,435$23,977$21,951
7 years$25,770$24,040$22,423$20,911$19,500$17,558
8 years$22,321$20,607$19,016$17,542$16,177$14,320
9 years$19,640$17,942$16,379$14,942$13,624$11,851
10 years$17,497$15,815$14,279$12,880$11,608$9,918
11 years$15,744$14,079$12,571$11,209$9,983$8,375
12 years$14,284$12,637$11,157$9,832$8,651$7,122
13 years$13,050$11,420$9,968$8,680$7,544$6,093
14 years$11,994$10,380$8,956$7,705$6,613$5,237
15 years$11,078$9,483$8,086$6,872$5,823$4,520
16 years$10,278$8,700$7,331$6,153$5,146$3,914
17 years$9,573$8,013$6,671$5,528$4,563$3,400
18 years$8,947$7,404$6,090$4,982$4,057$2,960
19 years$8,388$6,862$5,575$4,502$3,616$2,582
20 years$7,885$6,376$5,116$4,077$3,230$2,257
21 years$7,431$5,939$4,706$3,700$2,891$1,976
22 years$7,018$5,544$4,337$3,365$2,591$1,732
23 years$6,642$5,185$4,005$3,064$2,326$1,520
24 years$6,298$4,858$3,704$2,795$2,090$1,335
25 years$5,981$4,559$3,430$2,552$1,881$1,174
26 years$5,690$4,285$3,182$2,334$1,694$1,033
27 years$5,420$4,033$2,954$2,136$1,528$910
28 years$5,171$3,800$2,746$1,957$1,378$801
29 years$4,939$3,585$2,556$1,795$1,245$706
30 years$4,723$3,386$2,381$1,647$1,125$623
31 years$4,521$3,200$2,219$1,513$1,017$550
32 years$4,332$3,028$2,071$1,390$920$485
33 years$4,155$2,868$1,933$1,278$832$428
34 years$3,989$2,718$1,807$1,176$754$378
35 years$3,832$2,578$1,689$1,083$683$334
36 years$3,685$2,447$1,580$997$618$295
37 years$3,546$2,324$1,479$919$561$261
38 years$3,414$2,209$1,385$847$508$231
39 years$3,290$2,100$1,297$781$461$204
40 years$3,172$1,998$1,216$720$418$180
41 years$3,060$1,902$1,140$665$379$159
42 years$2,954$1,811$1,070$613$344$141
43 years$2,853$1,726$1,004$566$312$125
44 years$2,756$1,645$942$523$283$110
45 years$2,665$1,569$885$483$257$97
46 years$2,577$1,497$831$446$234$86
47 years$2,494$1,428$781$412$212$76
48 years$2,414$1,363$734$381$193$67
49 years$2,338$1,302$690$352$175$60
50 years$2,265$1,244$648$325$159$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,320,000, adding $5,764 every year, while hoping to spend $45,951 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: 61/29/10 Blend
51$2,320,000$2,320,000$2,320,000$2,320,000
52$2,562,586$2,439,626$2,403,666$2,712,724
53$2,775,078$2,510,276$2,435,297$2,884,702
54$3,007,704$2,582,848$2,466,448$3,066,498
55$3,262,470$2,657,387$2,497,054$3,263,722
56$3,541,583$2,733,940$2,527,046$3,477,866
57$3,847,475$2,812,554$2,556,353$3,710,572
58$4,182,825$2,893,277$2,584,898$3,963,646
59$4,550,582$2,976,156$2,612,601$4,239,080
60$4,953,996$3,061,242$2,639,377$4,539,061
61$5,396,644$3,148,583$2,665,137$4,866,003
62$5,882,468$3,238,230$2,689,786$5,222,561
63$6,415,810$3,330,234$2,713,224$5,611,657
64$7,001,454$3,424,647$2,735,348$6,036,514
65$7,644,666$3,521,519$2,756,047$6,500,676
66$8,351,252$3,620,903$2,775,204$7,008,049
67$9,127,605$3,722,852$2,792,698$7,562,934
68$9,980,769$3,827,420$2,808,401$8,170,071
69$10,918,502$3,934,659$2,822,178$8,834,677
70$11,949,355$4,044,622$2,833,887$9,562,501
71$13,082,746$4,157,365$2,843,378$10,359,875
72$14,329,051$4,272,941$2,850,496$11,233,776
73$15,699,702$4,391,404$2,855,077$12,191,888
74$17,207,297$4,512,808$2,856,947$13,242,677
75$18,865,712$4,637,206$2,855,926$14,395,471
76$20,690,239$4,764,653$2,851,823$15,660,544
77$22,697,725$4,895,203$2,844,440$17,049,218
78$24,906,732$5,028,907$2,833,568$18,573,966
79$27,337,713$5,165,818$2,818,988$20,248,530
80$30,013,206$5,305,989$2,800,470$22,088,052
81$32,958,041$5,449,470$2,777,773$24,109,216
82$36,199,578$5,596,312$2,750,646$26,330,402
83$39,767,967$5,746,563$2,718,824$28,771,865
84$43,696,426$5,900,271$2,682,032$31,455,923
85$48,021,561$6,057,483$2,639,979$34,407,165
86$52,783,704$6,218,244$2,592,362$37,652,688
87$58,027,300$6,382,596$2,538,864$41,222,349
88$63,801,322$6,550,580$2,479,153$45,149,046
89$70,159,734$6,722,236$2,412,882$49,469,032
90$77,162,000$6,897,599$2,339,687$54,222,253
91$84,873,646$7,076,703$2,259,189$59,452,729
92$93,366,875$7,259,579$2,170,989$65,208,964
93$102,721,251$7,446,253$2,074,672$71,544,408
94$113,024,449$7,636,750$1,969,803$78,517,961
95$124,373,080$7,831,088$1,855,929$86,194,527
96$136,873,606$8,029,283$1,732,574$94,645,626
97$150,643,341$8,231,345$1,599,243$103,950,073
98$165,811,561$8,437,280$1,455,417$114,194,718
99$182,520,721$8,647,088$1,300,554$125,475,267
100$200,927,802$8,860,762$1,134,090$137,897,184