Can I retire at age 52 with 2,340,000?

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 $2,340,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$193,235$191,514$189,834$188,195$186,595$181,057
2 years$95,661$93,879$92,153$90,479$88,855$83,321
3 years$63,140$61,351$59,629$57,970$56,373$51,017
4 years$46,883$45,100$43,395$41,764$40,206$35,069
5 years$37,132$35,359$33,676$32,079$30,564$25,660
6 years$30,633$28,873$27,215$25,654$24,184$19,517
7 years$25,992$24,247$22,616$21,092$19,668$15,238
8 years$22,514$20,785$19,180$17,693$16,317$12,121
9 years$19,810$18,097$16,520$15,071$13,741$9,776
10 years$17,647$15,951$14,402$12,991$11,708$7,967
11 years$15,880$14,201$12,680$11,306$10,069$6,547
12 years$14,408$12,746$11,253$9,917$8,726$5,414
13 years$13,163$11,518$10,054$8,755$7,609$4,501
14 years$12,097$10,470$9,033$7,772$6,670$3,757
15 years$11,174$9,564$8,156$6,931$5,873$3,148
16 years$10,367$8,775$7,394$6,206$5,190$2,644
17 years$9,656$8,082$6,729$5,576$4,602$2,226
18 years$9,024$7,468$6,142$5,025$4,092$1,878
19 years$8,460$6,921$5,623$4,541$3,647$1,587
20 years$7,953$6,431$5,161$4,112$3,258$1,343
21 years$7,495$5,991$4,747$3,732$2,915$1,138
22 years$7,078$5,592$4,375$3,394$2,613$965
23 years$6,699$5,230$4,039$3,091$2,346$819
24 years$6,352$4,900$3,736$2,819$2,108$695
25 years$6,033$4,599$3,460$2,574$1,897$591
26 years$5,739$4,322$3,209$2,354$1,709$502
27 years$5,467$4,067$2,980$2,154$1,541$427
28 years$5,215$3,833$2,770$1,974$1,390$364
29 years$4,981$3,616$2,578$1,810$1,255$309
30 years$4,763$3,415$2,401$1,661$1,134$263
31 years$4,560$3,228$2,239$1,526$1,026$224
32 years$4,369$3,054$2,089$1,402$928$191
33 years$4,191$2,893$1,950$1,289$840$163
34 years$4,023$2,741$1,822$1,186$760$139
35 years$3,865$2,600$1,704$1,092$688$118
36 years$3,716$2,468$1,594$1,006$624$101
37 years$3,576$2,344$1,492$927$565$86
38 years$3,444$2,228$1,397$854$513$73
39 years$3,318$2,118$1,309$788$465$62
40 years$3,199$2,015$1,227$726$422$53
41 years$3,086$1,918$1,150$670$382$45
42 years$2,979$1,827$1,079$619$347$39
43 years$2,877$1,741$1,012$571$315$33
44 years$2,780$1,659$950$527$286$28
45 years$2,688$1,582$892$487$260$24
46 years$2,600$1,510$838$450$236$20
47 years$2,516$1,441$787$416$214$17
48 years$2,435$1,375$740$384$194$15
49 years$2,358$1,313$695$355$177$13
50 years$2,285$1,254$654$328$160$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,340,000, adding $3,922 every year, while hoping to spend $45,416 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: 36/36/28 Blend
51$2,340,000$2,340,000$2,340,000$2,340,000
52$2,582,726$2,458,706$2,422,436$2,653,871
53$2,797,841$2,530,860$2,455,265$2,779,298
54$3,033,377$2,605,028$2,487,672$2,910,223
55$3,291,367$2,681,259$2,519,594$3,050,699
56$3,574,052$2,759,607$2,550,967$3,201,615
57$3,883,901$2,840,123$2,581,719$3,363,950
58$4,223,631$2,922,861$2,611,779$3,538,781
59$4,596,235$3,007,876$2,641,068$3,727,295
60$5,005,013$3,095,223$2,669,505$3,930,797
61$5,453,594$3,184,959$2,697,004$4,150,724
62$5,945,980$3,277,141$2,723,473$4,388,659
63$6,486,577$3,371,828$2,748,816$4,646,344
64$7,080,239$3,469,079$2,772,933$4,925,699
65$7,732,313$3,568,954$2,795,716$5,228,836
66$8,448,691$3,671,515$2,817,054$5,558,084
67$9,235,862$3,776,823$2,836,830$5,916,007
68$10,100,973$3,884,941$2,854,917$6,305,428
69$11,051,903$3,995,934$2,871,187$6,729,459
70$12,097,327$4,109,865$2,885,502$7,191,526
71$13,246,806$4,226,799$2,897,718$7,695,406
72$14,510,871$4,346,803$2,907,682$8,245,257
73$15,901,127$4,469,944$2,915,237$8,845,663
74$17,430,359$4,596,288$2,920,214$9,501,673
75$19,112,653$4,725,903$2,922,438$10,218,851
76$20,963,529$4,858,858$2,921,726$11,003,325
77$23,000,088$4,995,222$2,917,883$11,861,851
78$25,241,172$5,135,063$2,910,707$12,801,871
79$27,707,542$5,278,451$2,899,986$13,831,587
80$30,422,072$5,425,456$2,885,496$14,960,034
81$33,409,968$5,576,147$2,867,005$16,197,172
82$36,699,001$5,730,595$2,844,266$17,553,975
83$40,319,774$5,888,870$2,817,024$19,042,534
84$44,306,007$6,051,040$2,785,010$20,676,176
85$48,694,854$6,217,175$2,747,942$22,469,586
86$53,527,257$6,387,345$2,705,526$24,438,947
87$58,848,329$6,561,617$2,657,454$26,602,093
88$64,707,782$6,740,059$2,603,401$28,978,679
89$71,160,391$6,922,737$2,543,031$31,590,362
90$78,266,518$7,109,718$2,475,989$34,461,012
91$86,092,675$7,301,066$2,401,907$37,616,933
92$94,712,153$7,496,844$2,320,396$41,087,114
93$104,205,716$7,697,112$2,231,052$44,903,500
94$114,662,359$7,901,931$2,133,452$49,101,299
95$126,180,151$8,111,357$2,027,154$53,719,311
96$138,867,158$8,325,445$1,911,696$58,800,294
97$152,842,463$8,544,247$1,786,593$64,391,372
98$168,237,292$8,767,813$1,651,341$70,544,476
99$185,196,248$8,996,187$1,505,413$77,316,840
100$203,878,677$9,229,413$1,348,257$84,771,535