Can I retire at age 52 with 2,880,000?

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 $2,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$237,828$235,709$233,642$231,625$229,655$221,507
2 years$117,736$115,544$113,419$111,358$109,360$101,237
3 years$77,711$75,509$73,389$71,348$69,382$61,541
4 years$57,703$55,507$53,409$51,402$49,484$41,984
5 years$45,701$43,518$41,447$39,482$37,617$30,477
6 years$37,702$35,536$33,496$31,574$29,765$22,992
7 years$31,991$29,843$27,835$25,959$24,207$17,798
8 years$27,709$25,581$23,606$21,776$20,082$14,032
9 years$24,381$22,273$20,332$18,548$16,912$11,214
10 years$21,720$19,632$17,726$15,989$14,410$9,053
11 years$19,544$17,478$15,606$13,915$12,393$7,367
12 years$17,732$15,687$13,850$12,205$10,739$6,033
13 years$16,200$14,176$12,374$10,776$9,365$4,964
14 years$14,888$12,886$11,118$9,565$8,209$4,101
15 years$13,752$11,772$10,038$8,531$7,228$3,399
16 years$12,759$10,800$9,101$7,638$6,388$2,825
17 years$11,884$9,947$8,281$6,863$5,664$2,353
18 years$11,107$9,191$7,560$6,185$5,036$1,963
19 years$10,413$8,518$6,921$5,589$4,489$1,640
20 years$9,788$7,916$6,351$5,062$4,010$1,372
21 years$9,224$7,373$5,842$4,594$3,588$1,149
22 years$8,712$6,882$5,384$4,177$3,216$963
23 years$8,245$6,437$4,972$3,804$2,887$807
24 years$7,818$6,031$4,598$3,469$2,595$678
25 years$7,425$5,660$4,259$3,168$2,335$569
26 years$7,063$5,319$3,950$2,897$2,103$478
27 years$6,729$5,006$3,668$2,652$1,896$401
28 years$6,419$4,717$3,409$2,429$1,711$337
29 years$6,131$4,450$3,173$2,228$1,545$284
30 years$5,862$4,203$2,955$2,045$1,396$239
31 years$5,612$3,973$2,755$1,878$1,262$201
32 years$5,377$3,759$2,571$1,726$1,142$169
33 years$5,158$3,560$2,400$1,587$1,033$142
34 years$4,951$3,374$2,243$1,460$936$119
35 years$4,757$3,200$2,097$1,344$847$100
36 years$4,574$3,038$1,961$1,238$768$85
37 years$4,401$2,885$1,836$1,141$696$71
38 years$4,238$2,742$1,719$1,051$631$60
39 years$4,084$2,607$1,611$969$572$50
40 years$3,937$2,480$1,510$894$519$42
41 years$3,799$2,361$1,416$825$471$36
42 years$3,667$2,249$1,328$761$427$30
43 years$3,541$2,143$1,246$703$388$25
44 years$3,422$2,042$1,170$649$352$21
45 years$3,308$1,948$1,098$599$319$18
46 years$3,200$1,858$1,031$554$290$15
47 years$3,096$1,773$969$511$263$13
48 years$2,997$1,693$911$473$239$11
49 years$2,902$1,616$856$437$217$9
50 years$2,812$1,544$805$404$197$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,880,000, adding $3,381 every year, while hoping to spend $28,260 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: 71/14/15 Blend
51$2,880,000$2,880,000$2,880,000$2,880,000
52$3,177,248$3,024,608$2,979,968$3,391,811
53$3,471,258$3,142,745$3,049,728$3,652,844
54$3,794,311$3,265,724$3,120,878$3,934,778
55$4,149,338$3,393,752$3,193,435$4,242,691
56$4,539,570$3,527,045$3,267,415$4,579,146
57$4,968,567$3,665,831$3,342,833$4,946,962
58$5,440,248$3,810,344$3,419,706$5,349,246
59$5,958,936$3,960,833$3,498,048$5,789,417
60$6,529,388$4,117,555$3,577,874$6,271,237
61$7,156,850$4,280,779$3,659,197$6,798,853
62$7,847,099$4,450,788$3,742,030$7,376,829
63$8,606,501$4,627,874$3,826,387$8,010,191
64$9,442,071$4,812,347$3,912,277$8,704,473
65$10,361,537$5,004,526$3,999,713$9,465,772
66$11,373,414$5,204,748$4,088,703$10,300,801
67$12,487,084$5,413,364$4,179,258$11,216,954
68$13,712,888$5,630,739$4,271,383$12,222,376
69$15,062,214$5,857,257$4,365,087$13,326,036
70$16,547,617$6,093,320$4,460,374$14,537,816
71$18,182,926$6,339,344$4,557,249$15,868,598
72$19,983,381$6,595,769$4,655,713$17,330,373
73$21,965,775$6,863,051$4,755,769$18,936,346
74$24,148,612$7,141,668$4,857,415$20,701,065
75$26,552,282$7,432,121$4,960,650$22,640,558
76$29,199,252$7,734,933$5,065,469$24,772,479
77$32,114,281$8,050,649$5,171,867$27,116,279
78$35,324,648$8,379,842$5,279,835$29,693,385
79$38,860,416$8,723,108$5,389,364$32,527,406
80$42,754,712$9,081,073$5,500,440$35,644,350
81$47,044,037$9,454,391$5,613,050$39,072,871
82$51,768,616$9,843,743$5,727,174$42,844,539
83$56,972,774$10,249,846$5,842,794$46,994,137
84$62,705,355$10,673,446$5,959,885$51,559,987
85$69,020,181$11,115,325$6,078,421$56,584,313
86$75,976,565$11,576,301$6,198,374$62,113,636
87$83,639,863$12,057,229$6,319,708$68,199,216
88$92,082,100$12,559,004$6,442,389$74,897,529
89$101,382,640$13,082,561$6,566,375$82,270,805
90$111,628,943$13,628,880$6,691,622$90,387,610
91$122,917,385$14,198,984$6,818,081$99,323,494
92$135,354,170$14,793,946$6,945,698$109,161,702
93$149,056,332$15,414,886$7,074,416$119,993,961
94$164,152,839$16,062,978$7,204,171$131,921,341
95$180,785,813$16,739,447$7,334,894$145,055,208
96$199,111,865$17,445,580$7,466,513$159,518,279
97$219,303,581$18,182,719$7,598,946$175,445,771
98$241,551,144$18,952,270$7,732,109$192,986,681
99$266,064,134$19,755,705$7,865,908$212,305,192
100$293,073,505$20,594,563$8,000,246$233,582,217