Can I retire at age 52 with 2,920,000?

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 $2,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$241,131$238,983$236,887$234,842$232,845$226,664
2 years$119,372$117,149$114,994$112,905$110,879$104,695
3 years$78,791$76,558$74,409$72,339$70,346$64,353
4 years$58,504$56,278$54,150$52,116$50,171$44,414
5 years$46,335$44,123$42,023$40,030$38,139$32,635
6 years$38,225$36,030$33,961$32,013$30,178$24,932
7 years$32,435$30,258$28,222$26,319$24,543$19,554
8 years$28,094$25,936$23,934$22,079$20,361$15,628
9 years$24,720$22,582$20,614$18,806$17,147$12,665
10 years$22,022$19,905$17,972$16,211$14,610$10,373
11 years$19,816$17,720$15,822$14,108$12,565$8,568
12 years$17,979$15,905$14,042$12,375$10,889$7,123
13 years$16,425$14,373$12,546$10,925$9,495$5,954
14 years$15,095$13,065$11,272$9,698$8,323$4,998
15 years$13,944$11,935$10,177$8,649$7,329$4,210
16 years$12,937$10,950$9,227$7,744$6,477$3,557
17 years$12,049$10,085$8,396$6,958$5,743$3,013
18 years$11,261$9,319$7,665$6,271$5,106$2,557
19 years$10,557$8,637$7,017$5,666$4,551$2,174
20 years$9,924$8,025$6,440$5,132$4,065$1,851
21 years$9,352$7,475$5,923$4,657$3,638$1,577
22 years$8,833$6,978$5,459$4,235$3,261$1,346
23 years$8,360$6,526$5,041$3,857$2,927$1,150
24 years$7,926$6,115$4,662$3,517$2,631$982
25 years$7,528$5,738$4,318$3,212$2,368$840
26 years$7,161$5,393$4,004$2,937$2,133$719
27 years$6,822$5,076$3,718$2,688$1,923$615
28 years$6,508$4,783$3,457$2,463$1,735$527
29 years$6,216$4,512$3,217$2,259$1,567$451
30 years$5,944$4,261$2,996$2,073$1,416$387
31 years$5,690$4,028$2,793$1,904$1,280$332
32 years$5,452$3,811$2,606$1,750$1,158$284
33 years$5,229$3,609$2,434$1,609$1,048$244
34 years$5,020$3,421$2,274$1,480$949$209
35 years$4,823$3,245$2,126$1,363$859$179
36 years$4,638$3,080$1,989$1,255$778$154
37 years$4,463$2,925$1,861$1,156$706$132
38 years$4,297$2,780$1,743$1,066$640$113
39 years$4,140$2,643$1,633$983$580$97
40 years$3,992$2,515$1,531$907$526$83
41 years$3,851$2,394$1,435$836$477$72
42 years$3,718$2,280$1,346$772$433$61
43 years$3,590$2,172$1,263$713$393$53
44 years$3,469$2,071$1,186$658$357$45
45 years$3,354$1,975$1,113$608$324$39
46 years$3,244$1,884$1,046$561$294$33
47 years$3,139$1,798$983$519$267$29
48 years$3,039$1,716$923$479$243$25
49 years$2,943$1,639$868$443$220$21
50 years$2,851$1,565$816$409$200$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,920,000, adding $3,704 every year, while hoping to spend $30,082 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: 44/49/7 Blend
51$2,920,000$2,920,000$2,920,000$2,920,000
52$3,221,661$3,066,901$3,021,641$3,356,865
53$3,518,263$3,185,172$3,090,859$3,569,034
54$3,844,111$3,308,230$3,161,387$3,795,458
55$4,202,155$3,436,278$3,233,238$4,040,157
56$4,595,647$3,569,528$3,306,424$4,304,816
57$5,028,168$3,708,200$3,380,955$4,591,286
58$5,503,665$3,852,526$3,456,841$4,901,602
59$6,026,486$4,002,747$3,534,092$5,237,994
60$6,601,420$4,159,114$3,612,716$5,602,917
61$7,233,744$4,321,890$3,692,722$5,999,065
62$7,929,274$4,491,350$3,774,116$6,429,398
63$8,694,414$4,667,781$3,856,903$6,897,170
64$9,536,225$4,851,482$3,941,089$7,405,960
65$10,462,481$5,042,766$4,026,677$7,959,698
66$11,481,753$5,241,961$4,113,670$8,562,708
67$12,603,482$5,449,407$4,202,068$9,219,744
68$13,838,071$5,665,461$4,291,871$9,936,034
69$15,196,982$5,890,497$4,383,077$10,717,326
70$16,692,847$6,124,904$4,475,682$11,569,945
71$18,339,581$6,369,088$4,569,682$12,500,849
72$20,152,520$6,623,475$4,665,068$13,517,691
73$22,148,562$6,888,510$4,761,832$14,628,892
74$24,346,325$7,164,657$4,859,963$15,843,719
75$26,766,326$7,452,401$4,959,448$17,172,367
76$29,431,173$7,752,250$5,060,271$18,626,060
77$32,365,776$8,064,734$5,162,414$20,217,146
78$35,597,587$8,390,408$5,265,856$21,959,220
79$39,156,853$8,729,850$5,370,574$23,867,246
80$43,076,906$9,083,666$5,476,543$25,957,694
81$47,394,475$9,452,491$5,583,732$28,248,696
82$52,150,034$9,836,985$5,692,109$30,760,217
83$57,388,181$10,237,841$5,801,638$33,514,234
84$63,158,063$10,655,782$5,912,280$36,534,947
85$69,513,835$11,091,566$6,023,992$39,849,001
86$76,515,177$11,545,983$6,136,726$43,485,736
87$84,227,850$12,019,861$6,250,431$47,477,461
88$92,724,321$12,514,065$6,365,051$51,859,754
89$102,084,447$13,029,499$6,480,526$56,671,797
90$112,396,227$13,567,111$6,596,789$61,956,741
91$123,756,631$14,127,889$6,713,771$67,762,109
92$136,272,521$14,712,869$6,831,396$74,140,242
93$150,061,652$15,323,133$6,949,582$81,148,789
94$165,253,789$15,959,815$7,068,241$88,851,245
95$181,991,928$16,624,098$7,187,279$97,317,550
96$200,433,647$17,317,222$7,306,596$106,624,740
97$220,752,597$18,040,483$7,426,084$116,857,672
98$243,140,132$18,795,238$7,545,629$128,109,821
99$267,807,126$19,582,904$7,665,108$140,484,156
100$294,985,954$20,404,968$7,784,390$154,094,103