Can I retire at age 52 with 2,390,000?

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 $2,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$197,364$195,606$193,891$192,217$190,582$189,460
2 years$97,705$95,885$94,122$92,412$90,753$89,622
3 years$64,490$62,662$60,903$59,209$57,578$56,471
4 years$47,885$46,063$44,322$42,657$41,065$39,992
5 years$37,925$36,114$34,396$32,765$31,217$30,181
6 years$31,287$29,490$27,797$26,202$24,701$23,703
7 years$26,548$24,766$23,099$21,542$20,088$19,129
8 years$22,995$21,229$19,590$18,071$16,665$15,744
9 years$20,233$18,483$16,873$15,393$14,035$13,152
10 years$18,025$16,292$14,710$13,269$11,958$11,114
11 years$16,219$14,504$12,951$11,548$10,284$9,477
12 years$14,715$13,018$11,493$10,129$8,912$8,142
13 years$13,444$11,764$10,268$8,942$7,772$7,037
14 years$12,355$10,694$9,226$7,938$6,813$6,113
15 years$11,413$9,769$8,330$7,079$5,998$5,333
16 years$10,589$8,963$7,552$6,339$5,301$4,669
17 years$9,862$8,254$6,872$5,695$4,701$4,101
18 years$9,217$7,627$6,274$5,133$4,180$3,611
19 years$8,641$7,069$5,743$4,638$3,725$3,187
20 years$8,123$6,569$5,271$4,200$3,327$2,818
21 years$7,655$6,119$4,848$3,812$2,978$2,497
22 years$7,230$5,711$4,468$3,466$2,669$2,215
23 years$6,842$5,342$4,126$3,157$2,396$1,968
24 years$6,488$5,005$3,816$2,879$2,154$1,750
25 years$6,162$4,697$3,534$2,629$1,938$1,558
26 years$5,862$4,414$3,278$2,404$1,746$1,388
27 years$5,584$4,154$3,044$2,201$1,574$1,238
28 years$5,327$3,915$2,829$2,016$1,420$1,105
29 years$5,088$3,693$2,633$1,849$1,282$987
30 years$4,865$3,488$2,453$1,697$1,159$882
31 years$4,657$3,297$2,286$1,558$1,047$788
32 years$4,463$3,120$2,133$1,432$948$705
33 years$4,280$2,954$1,992$1,317$858$631
34 years$4,109$2,800$1,861$1,212$776$564
35 years$3,948$2,656$1,740$1,115$703$505
36 years$3,796$2,521$1,628$1,027$637$452
37 years$3,653$2,394$1,523$947$577$405
38 years$3,517$2,275$1,427$872$524$363
39 years$3,389$2,164$1,337$804$475$325
40 years$3,268$2,058$1,253$742$431$292
41 years$3,152$1,959$1,175$685$391$261
42 years$3,043$1,866$1,102$632$354$234
43 years$2,939$1,778$1,034$583$322$210
44 years$2,840$1,695$971$538$292$188
45 years$2,745$1,616$911$497$265$169
46 years$2,655$1,542$856$459$241$152
47 years$2,569$1,471$804$424$219$136
48 years$2,487$1,405$756$392$198$122
49 years$2,409$1,341$710$362$180$109
50 years$2,333$1,281$668$335$164$98

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,390,000, adding $5,777 every year, while hoping to spend $49,170 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: 55/29/16 Blend
51$2,390,000$2,390,000$2,390,000$2,390,000
52$2,639,739$2,513,069$2,476,024$2,773,431
53$2,856,676$2,583,893$2,506,654$2,935,936
54$3,094,092$2,656,539$2,536,663$3,107,021
55$3,354,025$2,731,045$2,565,977$3,292,208
56$3,638,718$2,807,449$2,594,519$3,492,856
57$3,950,641$2,885,787$2,622,209$3,710,459
58$4,292,514$2,966,099$2,648,961$3,946,665
59$4,667,334$3,048,421$2,674,685$4,203,286
60$5,078,401$3,132,792$2,699,285$4,482,318
61$5,529,349$3,219,250$2,722,662$4,785,959
62$6,024,181$3,307,832$2,744,710$5,116,631
63$6,567,308$3,398,576$2,765,318$5,476,998
64$7,163,587$3,491,520$2,784,370$5,869,997
65$7,818,368$3,586,699$2,801,741$6,298,862
66$8,537,545$3,684,152$2,817,304$6,767,156
67$9,327,613$3,783,913$2,830,921$7,278,803
68$10,195,723$3,886,019$2,842,451$7,838,125
69$11,149,757$3,990,503$2,851,743$8,449,885
70$12,198,395$4,097,401$2,858,639$9,119,329
71$13,351,202$4,206,744$2,862,974$9,852,237
72$14,618,715$4,318,565$2,864,575$10,654,976
73$16,012,544$4,432,895$2,863,258$11,534,564
74$17,545,479$4,549,763$2,858,833$12,498,728
75$19,231,613$4,669,196$2,851,099$13,555,987
76$21,086,472$4,791,221$2,839,845$14,715,724
77$23,127,164$4,915,862$2,824,851$15,988,279
78$25,372,537$5,043,142$2,805,886$17,385,046
79$27,843,360$5,173,080$2,782,707$18,918,578
80$30,562,515$5,305,694$2,755,061$20,602,708
81$33,555,217$5,440,998$2,722,681$22,452,680
82$36,849,248$5,579,006$2,685,289$24,485,289
83$40,475,219$5,719,724$2,642,594$26,719,044
84$44,466,860$5,863,160$2,594,289$29,174,341
85$48,861,338$6,009,313$2,540,057$31,873,654
86$53,699,607$6,158,182$2,479,561$34,841,750
87$59,026,794$6,309,760$2,412,453$38,105,919
88$64,892,623$6,464,035$2,338,367$41,696,237
89$71,351,888$6,620,989$2,256,919$45,645,845
90$78,464,964$6,780,601$2,167,710$49,991,266
91$86,298,382$6,942,843$2,070,320$54,772,744
92$94,925,454$7,107,679$1,964,312$60,034,633
93$104,426,963$7,275,068$1,849,229$65,825,807
94$114,891,928$7,444,961$1,724,593$72,200,127
95$126,418,442$7,617,301$1,589,905$79,216,947
96$139,114,598$7,792,024$1,444,641$86,941,678
97$153,099,508$7,969,054$1,288,258$95,446,400
98$168,504,429$8,148,308$1,120,185$104,810,549
99$185,473,998$8,329,693$939,828$115,121,663
100$204,167,599$8,513,101$746,566$126,476,211