Can I retire at age 52 with 3,000,000?

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 $3,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$247,737$245,530$243,378$241,276$239,224$236,137
2 years$122,642$120,358$118,144$115,998$113,916$110,810
3 years$80,949$78,655$76,447$74,321$72,273$69,245
4 years$60,107$57,820$55,634$53,544$51,546$48,619
5 years$47,605$45,332$43,174$41,127$39,184$36,367
6 years$39,273$37,017$34,891$32,890$31,005$28,301
7 years$33,324$31,087$28,995$27,040$25,216$22,625
8 years$28,864$26,647$24,590$22,684$20,919$18,442
9 years$25,397$23,201$21,179$19,321$17,617$15,253
10 years$22,625$20,450$18,465$16,655$15,010$12,758
11 years$20,359$18,206$16,256$14,495$12,909$10,766
12 years$18,471$16,341$14,427$12,714$11,187$9,150
13 years$16,875$14,767$12,889$11,225$9,755$7,822
14 years$15,509$13,423$11,581$9,964$8,551$6,719
15 years$14,326$12,262$10,456$8,886$7,529$5,795
16 years$13,291$11,250$9,480$7,957$6,654$5,015
17 years$12,379$10,361$8,626$7,149$5,900$4,353
18 years$11,570$9,574$7,875$6,443$5,246$3,787
19 years$10,846$8,873$7,209$5,821$4,676$3,301
20 years$10,196$8,245$6,616$5,272$4,177$2,883
21 years$9,608$7,680$6,086$4,785$3,738$2,522
22 years$9,075$7,169$5,609$4,351$3,350$2,209
23 years$8,589$6,705$5,179$3,962$3,007$1,937
24 years$8,143$6,282$4,789$3,614$2,703$1,700
25 years$7,734$5,896$4,436$3,300$2,432$1,494
26 years$7,358$5,541$4,114$3,018$2,191$1,314
27 years$7,009$5,215$3,820$2,762$1,975$1,156
28 years$6,686$4,914$3,551$2,531$1,782$1,018
29 years$6,386$4,636$3,305$2,321$1,610$896
30 years$6,107$4,378$3,078$2,130$1,454$790
31 years$5,846$4,139$2,870$1,956$1,315$696
32 years$5,601$3,916$2,678$1,798$1,189$614
33 years$5,373$3,708$2,500$1,653$1,076$542
34 years$5,158$3,515$2,336$1,521$975$478
35 years$4,955$3,334$2,184$1,400$883$422
36 years$4,765$3,164$2,043$1,290$800$372
37 years$4,585$3,005$1,912$1,188$725$329
38 years$4,415$2,856$1,791$1,095$657$290
39 years$4,254$2,716$1,678$1,010$596$256
40 years$4,101$2,584$1,573$931$541$227
41 years$3,957$2,460$1,475$859$490$200
42 years$3,819$2,342$1,383$793$445$177
43 years$3,689$2,232$1,298$732$404$156
44 years$3,564$2,127$1,218$676$367$138
45 years$3,446$2,029$1,144$624$333$122
46 years$3,333$1,935$1,074$577$302$108
47 years$3,225$1,847$1,009$533$274$95
48 years$3,122$1,763$949$492$249$84
49 years$3,023$1,684$892$455$226$74
50 years$2,929$1,608$838$421$206$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $3,000,000, adding $3,832 every year, while hoping to spend $35,015 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: 38/50/12 Blend
51$3,000,000$3,000,000$3,000,000$3,000,000
52$3,309,953$3,150,953$3,104,453$3,423,499
53$3,610,312$3,268,094$3,171,196$3,621,768
54$3,940,135$3,389,801$3,239,002$3,832,208
55$4,302,389$3,516,262$3,307,869$4,058,856
56$4,700,344$3,647,670$3,377,794$4,303,184
57$5,137,603$3,784,229$3,448,774$4,566,805
58$5,618,133$3,926,152$3,520,803$4,851,493
59$6,146,307$4,073,658$3,593,874$5,159,193
60$6,726,942$4,226,978$3,667,980$5,492,041
61$7,365,343$4,386,353$3,743,110$5,852,386
62$8,067,357$4,552,033$3,819,253$6,242,805
63$8,839,425$4,724,280$3,896,396$6,666,132
64$9,688,643$4,903,367$3,974,522$7,125,478
65$10,622,831$5,089,579$4,053,616$7,624,267
66$11,650,604$5,283,212$4,133,656$8,166,259
67$12,781,453$5,484,577$4,214,621$8,755,589
68$14,025,837$5,693,997$4,296,486$9,396,803
69$15,395,280$5,911,810$4,379,226$10,094,901
70$16,902,478$6,138,368$4,462,809$10,855,380
71$18,561,422$6,374,040$4,547,205$11,684,290
72$20,387,528$6,619,208$4,632,377$12,588,282
73$22,397,781$6,874,274$4,718,286$13,574,674
74$24,610,897$7,139,657$4,804,891$14,651,519
75$27,047,500$7,415,792$4,892,147$15,827,677
76$29,730,315$7,703,135$4,980,004$17,112,897
77$32,684,383$8,002,164$5,068,409$18,517,908
78$35,937,294$8,313,375$5,157,306$20,054,518
79$39,519,455$8,637,287$5,246,632$21,735,725
80$43,464,367$8,974,442$5,336,322$23,575,835
81$47,808,949$9,325,406$5,426,306$25,590,595
82$52,593,882$9,690,771$5,516,507$27,797,342
83$57,863,993$10,071,154$5,606,845$30,215,163
84$63,668,680$10,467,200$5,697,234$32,865,070
85$70,062,376$10,879,583$5,787,582$35,770,200
86$77,105,063$11,309,007$5,877,790$38,956,029
87$84,862,838$11,756,207$5,967,754$42,450,608
88$93,408,537$12,221,951$6,057,364$46,284,828
89$102,822,423$12,707,041$6,146,501$50,492,705
90$113,192,941$13,212,317$6,235,039$55,111,702
91$124,617,554$13,738,654$6,322,847$60,183,076
92$137,203,665$14,286,969$6,409,782$65,752,265
93$151,069,625$14,858,216$6,495,696$71,869,313
94$166,345,855$15,453,398$6,580,431$78,589,342
95$183,176,076$16,073,557$6,663,818$85,973,062
96$201,718,662$16,719,788$6,745,682$94,087,347
97$222,148,138$17,393,230$6,825,835$103,005,855
98$244,656,827$18,095,078$6,904,080$112,809,725
99$269,456,664$18,826,577$6,980,208$123,588,337
100$296,781,197$19,589,033$7,053,998$135,440,147