Can I retire at age 52 with 2,930,000?

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 $2,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$241,957$239,801$237,699$235,646$233,642$225,084
2 years$119,781$117,550$115,388$113,292$111,258$102,731
3 years$79,060$76,820$74,664$72,587$70,587$62,359
4 years$58,704$56,471$54,336$52,295$50,343$42,478
5 years$46,494$44,274$42,167$40,167$38,270$30,787
6 years$38,356$36,153$34,077$32,122$30,282$23,187
7 years$32,546$30,361$28,318$26,409$24,627$17,919
8 years$28,190$26,025$24,016$22,154$20,431$14,102
9 years$24,804$22,660$20,685$18,870$17,206$11,249
10 years$22,097$19,973$18,034$16,267$14,660$9,065
11 years$19,884$17,781$15,877$14,157$12,608$7,362
12 years$18,040$15,959$14,090$12,417$10,926$6,016
13 years$16,482$14,423$12,589$10,963$9,528$4,940
14 years$15,147$13,110$11,311$9,731$8,352$4,073
15 years$13,991$11,976$10,212$8,679$7,354$3,369
16 years$12,981$10,988$9,259$7,771$6,499$2,793
17 years$12,091$10,119$8,425$6,982$5,763$2,321
18 years$11,300$9,351$7,691$6,292$5,124$1,932
19 years$10,593$8,666$7,041$5,686$4,567$1,611
20 years$9,958$8,053$6,462$5,149$4,079$1,344
21 years$9,384$7,501$5,944$4,673$3,651$1,123
22 years$8,863$7,002$5,478$4,249$3,272$939
23 years$8,388$6,549$5,058$3,870$2,937$786
24 years$7,953$6,136$4,678$3,530$2,640$658
25 years$7,554$5,758$4,332$3,223$2,376$551
26 years$7,186$5,412$4,018$2,947$2,140$462
27 years$6,846$5,093$3,731$2,698$1,929$387
28 years$6,530$4,799$3,469$2,472$1,741$324
29 years$6,237$4,527$3,228$2,267$1,572$272
30 years$5,964$4,276$3,007$2,080$1,420$228
31 years$5,709$4,042$2,803$1,910$1,284$191
32 years$5,471$3,824$2,615$1,756$1,162$161
33 years$5,247$3,622$2,442$1,615$1,051$135
34 years$5,037$3,433$2,282$1,486$952$113
35 years$4,840$3,256$2,133$1,368$862$95
36 years$4,654$3,090$1,995$1,259$781$80
37 years$4,478$2,935$1,868$1,160$708$67
38 years$4,312$2,789$1,749$1,070$642$56
39 years$4,155$2,652$1,639$986$582$47
40 years$4,006$2,524$1,536$910$528$40
41 years$3,865$2,402$1,440$839$479$33
42 years$3,730$2,288$1,351$775$435$28
43 years$3,603$2,180$1,268$715$394$23
44 years$3,481$2,078$1,190$660$358$20
45 years$3,366$1,981$1,117$610$325$17
46 years$3,255$1,890$1,049$563$295$14
47 years$3,150$1,804$986$520$268$12
48 years$3,049$1,722$926$481$243$10
49 years$2,953$1,644$871$444$221$8
50 years$2,861$1,571$819$411$201$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,930,000, adding $2,540 every year, while hoping to spend $42,731 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: 24/50/26 Blend
51$2,930,000$2,930,000$2,930,000$2,930,000
52$3,231,480$3,076,190$3,030,775$3,282,372
53$3,515,626$3,181,458$3,086,841$3,430,575
54$3,827,322$3,290,452$3,143,352$3,585,448
55$4,169,334$3,403,309$3,200,279$3,750,479
56$4,544,707$3,520,172$3,257,590$3,926,540
57$4,956,797$3,641,190$3,315,249$4,114,588
58$5,409,298$3,766,517$3,373,218$4,315,669
59$5,906,282$3,896,312$3,431,456$4,530,935
60$6,452,234$4,030,742$3,489,921$4,761,646
61$7,052,093$4,169,980$3,548,565$5,009,188
62$7,711,302$4,314,204$3,607,337$5,275,080
63$8,435,857$4,463,603$3,666,186$5,560,993
64$9,232,365$4,618,369$3,725,053$5,868,759
65$10,108,101$4,778,704$3,783,877$6,200,392
66$11,071,084$4,944,818$3,842,594$6,558,106
67$12,130,149$5,116,928$3,901,135$6,944,334
68$13,295,027$5,295,261$3,959,426$7,361,747
69$14,576,443$5,480,051$4,017,390$7,813,285
70$15,986,210$5,671,544$4,074,942$8,302,179
71$17,537,347$5,869,993$4,131,997$8,831,982
72$19,244,198$6,075,664$4,188,460$9,406,600
73$21,122,565$6,288,831$4,244,232$10,030,333
74$23,189,863$6,509,780$4,299,210$10,707,906
75$25,465,278$6,738,808$4,353,283$11,444,522
76$27,969,953$6,976,226$4,406,334$12,245,902
77$30,727,181$7,222,354$4,458,239$13,118,344
78$33,762,632$7,477,528$4,508,869$14,068,777
79$37,104,589$7,742,095$4,558,084$15,104,828
80$40,784,218$8,016,419$4,605,741$16,234,890
81$44,835,860$8,300,875$4,651,686$17,468,202
82$49,297,357$8,595,858$4,695,756$18,814,936
83$54,210,406$8,901,773$4,737,783$20,286,289
84$59,620,955$9,219,048$4,777,586$21,894,586
85$65,579,634$9,548,123$4,814,977$23,653,401
86$72,142,235$9,889,459$4,849,757$25,577,677
87$79,370,236$10,243,535$4,881,716$27,683,869
88$87,331,381$10,610,849$4,910,635$29,990,097
89$96,100,323$10,991,922$4,936,282$32,516,316
90$105,759,323$11,387,293$4,958,415$35,284,500
91$116,399,029$11,797,526$4,976,777$38,318,851
92$128,119,331$12,223,206$4,991,100$41,646,022
93$141,030,304$12,664,943$5,001,102$45,295,373
94$155,253,243$13,123,375$5,006,488$49,299,236
95$170,921,815$13,599,161$5,006,947$53,693,227
96$188,183,313$14,092,992$5,002,152$58,516,578
97$207,200,049$14,605,587$4,991,762$63,812,502
98$228,150,886$15,137,692$4,975,418$69,628,600
99$251,232,925$15,690,089$4,952,744$76,017,311
100$276,663,369$16,263,588$4,923,346$83,036,400