Can I retire at age 52 with 2,890,000?

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 $2,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$238,653$236,528$234,454$232,429$230,453$223,883
2 years$118,145$115,945$113,812$111,745$109,739$103,172
3 years$77,981$75,771$73,644$71,596$69,623$63,264
4 years$57,903$55,700$53,594$51,581$49,656$43,553
5 years$45,859$43,669$41,591$39,619$37,748$31,918
6 years$37,833$35,659$33,612$31,684$29,868$24,317
7 years$32,102$29,947$27,932$26,049$24,291$19,018
8 years$27,805$25,670$23,688$21,852$20,152$15,155
9 years$24,466$22,350$20,403$18,613$16,971$12,244
10 years$21,795$19,701$17,788$16,044$14,460$9,998
11 years$19,612$17,538$15,660$13,964$12,436$8,231
12 years$17,794$15,741$13,898$12,248$10,777$6,821
13 years$16,257$14,226$12,417$10,813$9,398$5,682
14 years$14,940$12,931$11,156$9,599$8,238$4,753
15 years$13,800$11,812$10,073$8,560$7,253$3,990
16 years$12,804$10,838$9,132$7,665$6,410$3,359
17 years$11,925$9,981$8,310$6,887$5,684$2,835
18 years$11,146$9,223$7,586$6,206$5,054$2,397
19 years$10,449$8,548$6,945$5,608$4,505$2,030
20 years$9,822$7,943$6,374$5,079$4,024$1,722
21 years$9,256$7,399$5,862$4,610$3,601$1,462
22 years$8,742$6,906$5,403$4,191$3,228$1,243
23 years$8,274$6,459$4,989$3,817$2,897$1,057
24 years$7,845$6,052$4,614$3,481$2,604$900
25 years$7,451$5,679$4,273$3,179$2,343$766
26 years$7,088$5,338$3,963$2,907$2,111$653
27 years$6,752$5,024$3,680$2,661$1,903$557
28 years$6,441$4,734$3,421$2,438$1,717$475
29 years$6,152$4,466$3,184$2,236$1,551$405
30 years$5,883$4,217$2,966$2,052$1,401$346
31 years$5,631$3,987$2,765$1,884$1,267$295
32 years$5,396$3,772$2,580$1,732$1,146$252
33 years$5,176$3,572$2,409$1,593$1,037$215
34 years$4,968$3,386$2,250$1,465$939$184
35 years$4,774$3,211$2,104$1,349$850$157
36 years$4,590$3,048$1,968$1,242$770$134
37 years$4,417$2,895$1,842$1,145$698$115
38 years$4,253$2,751$1,725$1,055$633$98
39 years$4,098$2,616$1,616$973$574$84
40 years$3,951$2,489$1,515$897$521$71
41 years$3,812$2,369$1,421$828$472$61
42 years$3,679$2,257$1,332$764$429$52
43 years$3,554$2,150$1,250$705$389$45
44 years$3,434$2,049$1,174$651$353$38
45 years$3,320$1,954$1,102$601$321$33
46 years$3,211$1,864$1,035$555$291$28
47 years$3,107$1,779$972$513$264$24
48 years$3,007$1,698$914$474$240$20
49 years$2,913$1,622$859$438$218$17
50 years$2,822$1,549$808$405$198$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,890,000, adding $6,344 every year, while hoping to spend $57,119 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: 57/28/15 Blend
51$2,890,000$2,890,000$2,890,000$2,890,000
52$3,191,324$3,038,154$2,993,359$3,360,507
53$3,456,065$3,126,249$3,032,862$3,563,976
54$3,745,895$3,216,747$3,071,775$3,778,791
55$4,063,313$3,309,704$3,110,016$4,011,557
56$4,411,071$3,405,180$3,147,501$4,264,009
57$4,792,198$3,503,232$3,184,141$4,538,052
58$5,210,034$3,603,922$3,219,841$4,835,787
59$5,668,254$3,707,310$3,254,502$5,159,526
60$6,170,906$3,813,459$3,288,018$5,511,813
61$6,722,450$3,922,430$3,320,278$5,895,450
62$7,327,798$4,034,287$3,351,166$6,313,525
63$7,992,361$4,149,094$3,380,557$6,769,436
64$8,722,098$4,266,917$3,408,323$7,266,925
65$9,523,576$4,387,820$3,434,326$7,810,115
66$10,404,028$4,511,869$3,458,422$8,403,547
67$11,371,420$4,639,133$3,480,461$9,052,221
68$12,434,531$4,769,676$3,500,282$9,761,647
69$13,603,031$4,903,568$3,517,720$10,537,893
70$14,887,574$5,040,877$3,532,597$11,387,644
71$16,299,896$5,181,670$3,544,729$12,318,265
72$17,852,930$5,326,016$3,553,922$13,337,867
73$19,560,923$5,473,984$3,559,972$14,455,390
74$21,439,570$5,625,643$3,562,664$15,680,680
75$23,506,168$5,781,062$3,561,775$17,024,587
76$25,779,772$5,940,308$3,557,069$18,499,064
77$28,281,376$6,103,451$3,548,299$20,117,280
78$31,034,114$6,270,557$3,535,204$21,893,748
79$34,063,475$6,441,696$3,517,515$23,844,454
80$37,397,543$6,616,932$3,494,945$25,987,017
81$41,067,262$6,796,332$3,467,195$28,340,846
82$45,106,731$6,979,960$3,433,955$30,927,331
83$49,553,520$7,167,881$3,394,895$33,770,039
84$54,449,027$7,360,155$3,349,672$36,894,941
85$59,838,869$7,556,844$3,297,927$40,330,651
86$65,773,311$7,758,006$3,239,284$44,108,702
87$72,307,738$7,963,697$3,173,349$48,263,841
88$79,503,181$8,173,973$3,099,711$52,834,355
89$87,426,891$8,388,883$3,017,937$57,862,437
90$96,152,973$8,608,477$2,927,576$63,394,578
91$105,763,084$8,832,800$2,828,158$69,482,013
92$116,347,205$9,061,894$2,719,188$76,181,198
93$128,004,490$9,295,797$2,600,151$83,554,346
94$140,844,199$9,534,542$2,470,507$91,670,016
95$154,986,730$9,778,157$2,329,692$100,603,755
96$170,564,757$10,026,668$2,177,117$110,438,818
97$187,724,478$10,280,090$2,012,166$121,266,948
98$206,626,998$10,538,437$1,834,197$133,189,244
99$227,449,845$10,801,714$1,642,535$146,317,119
100$250,388,649$11,069,918$1,436,481$160,773,346