Can I retire at age 52 with 2,910,000?

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 $2,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$240,305$238,165$236,076$234,038$232,047$224,709
2 years$118,963$116,747$114,600$112,518$110,499$103,172
3 years$78,521$76,296$74,154$72,091$70,105$63,020
4 years$58,304$56,085$53,965$51,938$49,999$43,210
5 years$46,177$43,972$41,879$39,893$38,009$31,534
6 years$38,095$35,906$33,845$31,903$30,075$23,919
7 years$32,324$30,154$28,125$26,229$24,459$18,622
8 years$27,998$25,847$23,852$22,003$20,291$14,769
9 years$24,635$22,505$20,544$18,742$17,088$11,875
10 years$21,946$19,837$17,911$16,156$14,560$9,648
11 years$19,748$17,660$15,768$14,060$12,522$7,902
12 years$17,917$15,850$13,994$12,333$10,851$6,514
13 years$16,369$14,324$12,503$10,888$9,463$5,397
14 years$15,044$13,020$11,234$9,665$8,295$4,490
15 years$13,896$11,894$10,142$8,620$7,303$3,748
16 years$12,892$10,913$9,196$7,718$6,455$3,137
17 years$12,008$10,050$8,368$6,934$5,723$2,632
18 years$11,223$9,287$7,639$6,249$5,089$2,212
19 years$10,521$8,607$6,993$5,647$4,536$1,862
20 years$9,890$7,998$6,418$5,114$4,051$1,570
21 years$9,320$7,450$5,903$4,641$3,626$1,325
22 years$8,803$6,954$5,441$4,220$3,250$1,119
23 years$8,331$6,504$5,023$3,843$2,917$946
24 years$7,899$6,094$4,646$3,505$2,622$800
25 years$7,502$5,719$4,303$3,201$2,359$677
26 years$7,137$5,375$3,991$2,927$2,125$573
27 years$6,799$5,058$3,706$2,679$1,916$486
28 years$6,486$4,766$3,445$2,455$1,729$412
29 years$6,195$4,497$3,206$2,251$1,561$349
30 years$5,924$4,246$2,986$2,066$1,411$296
31 years$5,670$4,014$2,784$1,897$1,275$251
32 years$5,433$3,798$2,597$1,744$1,154$213
33 years$5,211$3,597$2,425$1,604$1,044$180
34 years$5,003$3,409$2,266$1,475$945$153
35 years$4,807$3,234$2,119$1,358$856$130
36 years$4,622$3,069$1,982$1,251$776$110
37 years$4,447$2,915$1,855$1,152$703$93
38 years$4,282$2,770$1,737$1,062$637$79
39 years$4,126$2,634$1,627$979$578$67
40 years$3,978$2,506$1,525$903$524$57
41 years$3,838$2,386$1,430$834$476$48
42 years$3,705$2,272$1,342$769$432$41
43 years$3,578$2,165$1,259$710$392$35
44 years$3,457$2,064$1,182$656$356$30
45 years$3,343$1,968$1,110$606$323$25
46 years$3,233$1,877$1,042$559$293$21
47 years$3,128$1,791$979$517$266$18
48 years$3,028$1,710$920$477$242$15
49 years$2,933$1,633$865$441$219$13
50 years$2,841$1,560$813$408$199$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,910,000, adding $2,893 every year, while hoping to spend $48,490 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: 64/6/30 Blend
51$2,910,000$2,910,000$2,910,000$2,910,000
52$3,209,804$3,055,574$3,010,469$3,389,291
53$3,485,611$3,153,704$3,059,727$3,609,532
54$3,787,925$3,255,018$3,109,010$3,844,533
55$4,119,399$3,359,619$3,158,267$4,100,302
56$4,482,954$3,467,617$3,207,445$4,378,890
57$4,881,808$3,579,122$3,256,487$4,682,557
58$5,319,505$3,694,252$3,305,332$5,013,791
59$5,799,950$3,813,126$3,353,916$5,375,333
60$6,327,442$3,935,866$3,402,170$5,770,202
61$6,906,720$4,062,602$3,450,020$6,201,726
62$7,543,000$4,193,465$3,497,391$6,673,569
63$8,242,033$4,328,591$3,544,201$7,189,769
64$9,010,152$4,468,123$3,590,363$7,754,775
65$9,854,332$4,612,206$3,635,785$8,373,490
66$10,782,261$4,760,991$3,680,370$9,051,312
67$11,802,406$4,914,635$3,724,018$9,794,194
68$12,924,098$5,073,298$3,766,618$10,608,691
69$14,157,614$5,237,147$3,808,058$11,502,029
70$15,514,279$5,406,356$3,848,216$12,482,168
71$17,006,571$5,581,103$3,886,967$13,557,880
72$18,648,236$5,761,572$3,924,175$14,738,831
73$20,454,421$5,947,954$3,959,701$16,035,672
74$22,441,816$6,140,448$3,993,394$17,460,141
75$24,628,807$6,339,256$4,025,099$19,025,169
76$27,035,657$6,544,590$4,054,651$20,745,010
77$29,684,688$6,756,670$4,081,876$22,635,368
78$32,600,499$6,975,720$4,106,592$24,713,549
79$35,810,195$7,201,975$4,128,608$26,998,626
80$39,343,639$7,435,676$4,147,720$29,511,613
81$43,233,740$7,677,074$4,163,719$32,275,672
82$47,516,759$7,926,427$4,176,380$35,316,322
83$52,232,650$8,184,004$4,185,471$38,661,689
84$57,425,442$8,450,082$4,190,746$42,342,766
85$63,143,647$8,724,946$4,191,946$46,393,707
86$69,440,725$9,008,895$4,188,803$50,852,150
87$76,375,583$9,302,234$4,181,031$55,759,574
88$84,013,131$9,605,282$4,168,334$61,161,686
89$92,424,897$9,918,368$4,150,400$67,108,858
90$101,689,699$10,241,831$4,126,901$73,656,599
91$111,894,392$10,576,023$4,097,496$80,866,083
92$123,134,682$10,921,310$4,061,824$88,804,720
93$135,516,033$11,278,069$4,019,509$97,546,801
94$149,154,664$11,646,690$3,970,158$107,174,194
95$164,178,639$12,027,576$3,913,357$117,777,118
96$180,729,080$12,421,148$3,848,675$129,454,998
97$198,961,500$12,827,837$3,775,659$142,317,400
98$219,047,265$13,248,093$3,693,835$156,485,068
99$241,175,216$13,682,380$3,602,709$172,091,063
100$265,553,450$14,131,179$3,501,761$189,282,022