Can I retire at age 52 with 2,640,000?

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 $2,640,000?

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$218,009$216,067$214,172$212,323$210,517$206,183
2 years$107,925$105,915$103,967$102,078$100,246$95,899
3 years$71,235$69,217$67,274$65,403$63,600$59,376
4 years$52,894$50,882$48,958$47,119$45,360$41,291
5 years$41,892$39,892$37,993$36,192$34,482$30,580
6 years$34,560$32,575$30,704$28,943$27,285$23,554
7 years$29,325$27,356$25,515$23,796$22,190$18,631
8 years$25,400$23,449$21,639$19,961$18,408$15,020
9 years$22,349$20,417$18,638$17,003$15,503$12,283
10 years$19,910$17,996$16,249$14,657$13,209$10,155
11 years$17,916$16,021$14,305$12,756$11,360$8,468
12 years$16,255$14,380$12,695$11,188$9,844$7,109
13 years$14,850$12,995$11,343$9,878$8,585$6,002
14 years$13,648$11,812$10,191$8,768$7,525$5,090
15 years$12,606$10,791$9,201$7,820$6,626$4,333
16 years$11,696$9,900$8,342$7,002$5,856$3,701
17 years$10,894$9,118$7,591$6,291$5,192$3,168
18 years$10,181$8,425$6,930$5,669$4,617$2,719
19 years$9,545$7,808$6,344$5,123$4,115$2,337
20 years$8,973$7,256$5,822$4,640$3,676$2,013
21 years$8,455$6,759$5,355$4,211$3,289$1,735
22 years$7,986$6,309$4,936$3,829$2,948$1,498
23 years$7,558$5,901$4,557$3,487$2,647$1,294
24 years$7,166$5,528$4,215$3,180$2,379$1,120
25 years$6,806$5,188$3,904$2,904$2,141$969
26 years$6,475$4,876$3,620$2,656$1,928$839
27 years$6,168$4,589$3,362$2,431$1,738$727
28 years$5,884$4,324$3,125$2,227$1,569$630
29 years$5,620$4,079$2,908$2,042$1,416$547
30 years$5,374$3,852$2,709$1,874$1,280$474
31 years$5,144$3,642$2,526$1,721$1,157$412
32 years$4,929$3,446$2,356$1,582$1,047$357
33 years$4,728$3,263$2,200$1,455$947$310
34 years$4,539$3,093$2,056$1,339$858$269
35 years$4,361$2,934$1,922$1,232$777$234
36 years$4,193$2,784$1,798$1,135$704$203
37 years$4,035$2,645$1,683$1,046$638$177
38 years$3,885$2,513$1,576$964$578$153
39 years$3,743$2,390$1,476$889$524$133
40 years$3,609$2,274$1,384$820$476$116
41 years$3,482$2,164$1,298$756$432$101
42 years$3,361$2,061$1,217$698$392$88
43 years$3,246$1,964$1,142$644$355$76
44 years$3,137$1,872$1,072$595$323$66
45 years$3,032$1,785$1,007$549$293$58
46 years$2,933$1,703$946$507$266$50
47 years$2,838$1,625$888$469$241$43
48 years$2,747$1,551$835$433$219$38
49 years$2,661$1,482$785$400$199$33
50 years$2,578$1,415$738$370$181$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,640,000, adding $2,931 every year, while hoping to spend $22,449 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: 69/13/18 Blend
51$2,640,000$2,640,000$2,640,000$2,640,000
52$2,912,303$2,772,383$2,731,463$3,100,411
53$3,185,473$2,884,345$2,799,082$3,338,198
54$3,485,753$3,001,039$2,868,213$3,595,362
55$3,815,886$3,122,676$2,938,884$3,876,187
56$4,178,891$3,249,473$3,011,122$4,183,005
57$4,578,098$3,381,657$3,084,954$4,518,383
58$5,017,172$3,519,466$3,160,408$4,885,146
59$5,500,153$3,663,149$3,237,511$5,286,406
60$6,031,491$3,812,966$3,316,291$5,725,586
61$6,616,092$3,969,190$3,396,775$6,206,458
62$7,259,357$4,132,104$3,478,991$6,733,175
63$7,967,240$4,302,006$3,562,966$7,310,310
64$8,746,302$4,479,208$3,648,729$7,942,897
65$9,603,770$4,664,034$3,736,306$8,636,483
66$10,547,608$4,856,825$3,825,726$9,397,174
67$11,586,591$5,057,937$3,917,015$10,231,698
68$12,730,389$5,267,741$4,010,201$11,147,461
69$13,989,657$5,486,628$4,105,310$12,152,625
70$15,376,134$5,715,005$4,202,370$13,256,177
71$16,902,757$5,953,298$4,301,406$14,468,015
72$18,583,780$6,201,952$4,402,446$15,799,046
73$20,434,912$6,461,433$4,505,514$17,261,281
74$22,473,460$6,732,230$4,610,635$18,867,952
75$24,718,496$7,014,853$4,717,836$20,633,637
76$27,191,038$7,309,836$4,827,138$22,574,392
77$29,914,244$7,617,738$4,938,567$24,707,908
78$32,913,633$7,939,143$5,052,145$27,053,673
79$36,217,325$8,274,664$5,167,894$29,633,158
80$39,856,310$8,624,939$5,285,836$32,470,016
81$43,864,732$8,990,640$5,405,990$35,590,307
82$48,280,221$9,372,467$5,528,377$39,022,742
83$53,144,239$9,771,154$5,653,014$42,798,953
84$58,502,480$10,187,470$5,779,918$46,953,791
85$64,405,294$10,622,216$5,909,106$51,525,654
86$70,908,165$11,076,236$6,040,592$56,556,850
87$78,072,235$11,550,408$6,174,389$62,093,992
88$85,964,880$12,045,656$6,310,508$68,188,440
89$94,660,347$12,562,942$6,448,960$74,896,782
90$104,240,454$13,103,278$6,589,751$82,281,371
91$114,795,362$13,667,720$6,732,889$90,410,909
92$126,424,425$14,257,375$6,878,378$99,361,095
93$139,237,131$14,873,400$7,026,218$109,215,339
94$153,354,131$15,517,010$7,176,409$120,065,548
95$168,908,382$16,189,473$7,328,948$132,012,992
96$186,046,399$16,892,119$7,483,829$145,169,259
97$204,929,638$17,626,339$7,641,044$159,657,304
98$225,736,022$18,393,591$7,800,580$175,612,616
99$248,661,620$19,195,400$7,962,423$193,184,484
100$273,922,495$20,033,365$8,126,555$212,537,414