Can I retire at age 52 with 2,950,000?

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 $2,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$243,608$241,438$239,321$237,255$235,237$227,707
2 years$120,598$118,352$116,175$114,065$112,018$104,501
3 years$79,600$77,344$75,173$73,082$71,069$63,801
4 years$59,105$56,856$54,707$52,652$50,687$43,723
5 years$46,811$44,576$42,455$40,442$38,531$31,891
6 years$38,618$36,400$34,310$32,341$30,488$24,177
7 years$32,768$30,568$28,512$26,590$24,795$18,812
8 years$28,383$26,203$24,180$22,305$20,570$14,911
9 years$24,974$22,814$20,826$18,999$17,323$11,982
10 years$22,248$20,110$18,157$16,378$14,760$9,729
11 years$20,019$17,902$15,985$14,253$12,694$7,963
12 years$18,163$16,068$14,186$12,502$11,000$6,559
13 years$16,594$14,521$12,674$11,038$9,593$5,431
14 years$15,250$13,199$11,388$9,798$8,409$4,515
15 years$14,087$12,058$10,282$8,738$7,404$3,766
16 years$13,070$11,063$9,322$7,824$6,544$3,150
17 years$12,173$10,188$8,483$7,030$5,802$2,641
18 years$11,377$9,414$7,744$6,335$5,159$2,218
19 years$10,666$8,725$7,089$5,724$4,598$1,866
20 years$10,026$8,108$6,506$5,185$4,107$1,572
21 years$9,448$7,552$5,984$4,705$3,675$1,325
22 years$8,924$7,050$5,515$4,278$3,295$1,119
23 years$8,445$6,593$5,092$3,896$2,957$945
24 years$8,008$6,178$4,710$3,554$2,658$799
25 years$7,606$5,797$4,362$3,245$2,392$675
26 years$7,235$5,449$4,046$2,967$2,155$571
27 years$6,892$5,128$3,757$2,716$1,943$484
28 years$6,575$4,832$3,492$2,489$1,753$409
29 years$6,280$4,558$3,250$2,282$1,583$347
30 years$6,005$4,305$3,027$2,094$1,430$294
31 years$5,748$4,070$2,822$1,923$1,293$249
32 years$5,508$3,851$2,633$1,768$1,170$211
33 years$5,283$3,647$2,459$1,626$1,058$179
34 years$5,072$3,456$2,297$1,496$958$151
35 years$4,873$3,278$2,148$1,377$868$128
36 years$4,685$3,111$2,009$1,268$786$109
37 years$4,508$2,955$1,880$1,168$713$92
38 years$4,341$2,808$1,761$1,077$646$78
39 years$4,183$2,671$1,650$993$586$66
40 years$4,033$2,541$1,546$916$531$56
41 years$3,891$2,419$1,450$845$482$48
42 years$3,756$2,303$1,360$780$438$40
43 years$3,627$2,195$1,276$720$397$34
44 years$3,505$2,092$1,198$665$360$29
45 years$3,388$1,995$1,125$614$327$25
46 years$3,277$1,903$1,057$567$297$21
47 years$3,171$1,816$993$524$270$18
48 years$3,070$1,734$933$484$245$15
49 years$2,973$1,656$877$447$223$13
50 years$2,880$1,581$824$414$202$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,950,000, adding $6,510 every year, while hoping to spend $20,662 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: 81/5/14 Blend
51$2,950,000$2,950,000$2,950,000$2,950,000
52$3,257,615$3,101,265$3,055,540$3,511,977
53$3,567,908$3,231,243$3,135,916$3,809,973
54$3,909,157$3,366,897$3,218,293$4,133,676
55$4,284,500$3,508,484$3,302,715$4,488,420
56$4,697,392$3,656,272$3,389,228$4,877,310
57$5,151,638$3,810,541$3,477,879$5,303,766
58$5,651,433$3,971,586$3,568,716$5,771,554
59$6,201,399$4,139,713$3,661,788$6,284,821
60$6,806,627$4,315,244$3,757,143$6,848,138
61$7,472,728$4,498,516$3,854,832$7,466,538
62$8,205,883$4,689,881$3,954,906$8,145,564
63$9,012,905$4,889,707$4,057,418$8,891,323
64$9,901,299$5,098,381$4,162,419$9,710,544
65$10,879,335$5,316,305$4,269,964$10,610,637
66$11,956,126$5,543,903$4,380,106$11,599,766
67$13,141,714$5,781,616$4,492,902$12,686,927
68$14,447,162$6,029,909$4,608,408$13,882,027
69$15,884,663$6,289,265$4,726,680$15,195,985
70$17,467,652$6,560,193$4,847,777$16,640,826
71$19,210,933$6,843,222$4,971,758$18,229,802
72$21,130,818$7,138,910$5,098,682$19,977,512
73$23,245,283$7,447,838$5,228,609$21,900,040
74$25,574,135$7,770,616$5,361,601$24,015,108
75$28,139,203$8,107,881$5,497,720$26,342,243
76$30,964,537$8,460,303$5,637,030$28,902,957
77$34,076,642$8,828,580$5,779,592$31,720,954
78$37,504,724$9,213,445$5,925,473$34,822,353
79$41,280,966$9,615,665$6,074,737$38,235,931
80$45,440,835$10,036,042$6,227,451$41,993,397
81$50,023,410$10,475,418$6,383,680$46,129,689
82$55,071,757$10,934,673$6,543,493$50,683,304
83$60,633,334$11,414,729$6,706,957$55,696,662
84$66,760,435$11,916,552$6,874,142$61,216,504
85$73,510,690$12,441,154$7,045,116$67,294,332
86$80,947,602$12,989,592$7,219,949$73,986,899
87$89,141,153$13,562,977$7,398,712$81,356,738
88$98,168,457$14,162,470$7,581,476$89,472,756
89$108,114,496$14,789,288$7,768,312$98,410,884
90$119,072,917$15,444,704$7,959,293$108,254,788
91$131,146,914$16,130,055$8,154,489$119,096,665
92$144,450,209$16,846,737$8,353,974$131,038,108
93$159,108,119$17,596,216$8,557,820$144,191,064
94$175,258,741$18,380,024$8,766,101$158,678,894
95$193,054,256$19,199,770$8,978,890$174,637,533
96$212,662,367$20,057,135$9,196,259$192,216,774
97$234,267,877$20,953,883$9,418,283$211,581,679
98$258,074,439$21,891,862$9,645,033$232,914,141
99$284,306,474$22,873,005$9,876,584$256,414,595
100$313,211,293$23,899,341$10,113,008$282,303,913