Can I retire at age 52 with 12,000,000?

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 $12,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$990,949$982,122$973,510$965,105$956,897$928,498
2 years$490,569$481,432$472,578$463,993$455,665$427,289
3 years$323,797$314,621$305,789$297,285$289,093$261,628
4 years$240,428$231,280$222,536$214,177$206,183$179,841
5 years$190,419$181,326$172,697$164,508$156,737$131,588
6 years$157,091$148,067$139,565$131,559$124,021$100,088
7 years$133,294$124,346$115,979$108,162$100,862$78,145
8 years$115,455$106,588$98,360$90,734$83,675$62,160
9 years$101,588$92,804$84,717$77,285$70,466$50,131
10 years$90,500$81,802$73,858$66,621$60,041$40,857
11 years$81,434$72,823$65,024$57,980$51,637$33,572
12 years$73,885$65,362$57,707$50,856$44,748$27,765
13 years$67,502$59,068$51,557$44,898$39,021$23,081
14 years$62,035$53,692$46,324$39,856$34,205$19,269
15 years$57,302$49,048$41,825$35,544$30,117$16,141
16 years$53,165$45,001$37,920$31,826$26,618$13,560
17 years$49,518$41,444$34,506$28,595$23,601$11,418
18 years$46,279$38,296$31,499$25,770$20,985$9,633
19 years$43,385$35,493$28,836$23,286$18,704$8,140
20 years$40,784$32,981$26,464$21,090$16,707$6,888
21 years$38,434$30,721$24,342$19,140$14,951$5,835
22 years$36,300$28,677$22,435$17,403$13,401$4,948
23 years$34,354$26,821$20,715$15,849$12,030$4,199
24 years$32,574$25,129$19,158$14,455$10,813$3,566
25 years$30,938$23,583$17,744$13,201$9,730$3,030
26 years$29,430$22,164$16,457$12,071$8,764$2,576
27 years$28,037$20,859$15,281$11,049$7,902$2,191
28 years$26,745$19,655$14,206$10,123$7,130$1,864
29 years$25,545$18,542$13,220$9,283$6,438$1,587
30 years$24,427$17,511$12,314$8,519$5,817$1,351
31 years$23,383$16,554$11,480$7,824$5,259$1,150
32 years$22,406$15,663$10,711$7,191$4,757$979
33 years$21,490$14,834$10,001$6,613$4,305$834
34 years$20,630$14,059$9,344$6,084$3,898$711
35 years$19,821$13,335$8,736$5,601$3,531$605
36 years$19,059$12,656$8,172$5,158$3,199$516
37 years$18,339$12,021$7,649$4,753$2,899$440
38 years$17,659$11,424$7,163$4,381$2,629$375
39 years$17,016$10,863$6,711$4,039$2,384$319
40 years$16,406$10,335$6,290$3,725$2,162$272
41 years$15,827$9,838$5,898$3,437$1,961$232
42 years$15,278$9,370$5,533$3,172$1,780$198
43 years$14,755$8,927$5,192$2,928$1,615$168
44 years$14,258$8,510$4,873$2,704$1,466$144
45 years$13,784$8,115$4,576$2,497$1,331$122
46 years$13,332$7,741$4,298$2,307$1,209$104
47 years$12,900$7,387$4,038$2,131$1,097$89
48 years$12,488$7,052$3,794$1,969$997$76
49 years$12,094$6,735$3,567$1,820$905$65
50 years$11,716$6,433$3,353$1,682$822$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $12,000,000, adding $2,136 every year, while hoping to spend $35,790 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: 61/23/16 Blend
51$12,000,000$12,000,000$12,000,000$12,000,000
52$13,226,203$12,590,203$12,404,203$13,979,542
53$14,537,196$13,169,043$12,781,664$15,066,067
54$15,980,710$13,775,046$13,170,570$16,247,041
55$17,570,225$14,409,506$13,571,267$17,534,978
56$19,320,595$15,073,779$13,984,111$18,940,249
57$21,248,185$15,769,284$14,409,469$20,474,259
58$23,371,033$16,497,511$14,847,718$22,149,555
59$25,709,009$17,260,021$15,299,248$23,979,936
60$28,284,015$18,058,448$15,764,459$25,980,584
61$31,120,180$18,894,508$16,243,765$28,168,203
62$34,244,098$19,769,998$16,737,590$30,561,172
63$37,685,069$20,686,801$17,246,372$33,179,716
64$41,475,383$21,646,892$17,770,563$36,046,091
65$45,650,622$22,652,339$18,310,627$39,184,793
66$50,249,996$23,705,314$18,867,043$42,622,781
67$55,316,710$24,808,089$19,440,303$46,389,730
68$60,898,377$25,963,048$20,030,916$50,518,305
69$67,047,464$27,172,690$20,639,405$55,044,465
70$73,821,788$28,439,635$21,266,307$60,007,797
71$81,285,061$29,766,627$21,912,179$65,451,883
72$89,507,491$31,156,546$22,577,591$71,424,708
73$98,566,447$32,612,408$23,263,132$77,979,107
74$108,547,185$34,137,377$23,969,408$85,173,254
75$119,543,659$35,734,769$24,697,043$93,071,209
76$131,659,399$37,408,060$25,446,681$101,743,515
77$145,008,497$39,160,894$26,218,985$111,267,853
78$159,716,678$40,997,092$27,014,635$121,729,773
79$175,922,489$42,920,659$27,834,335$133,223,493
80$193,778,605$44,935,794$28,678,808$145,852,778
81$213,453,275$47,046,900$29,548,799$159,731,911
82$235,131,902$49,258,591$30,445,077$174,986,766
83$259,018,800$51,575,707$31,368,432$191,755,986
84$285,339,121$54,003,319$32,319,677$210,192,280
85$314,340,977$56,546,747$33,299,652$230,463,856
86$346,297,786$59,211,568$34,309,220$252,756,001
87$381,510,852$62,003,626$35,349,270$277,272,814
88$420,312,207$64,929,052$36,420,719$304,239,125
89$463,067,749$67,994,272$37,524,510$333,902,603
90$510,180,692$71,206,024$38,661,614$366,536,086
91$562,095,376$74,571,373$39,833,032$402,440,137
92$619,301,461$78,097,727$41,039,795$441,945,872
93$682,338,545$81,792,851$42,282,963$485,418,071
94$751,801,265$85,664,888$43,563,630$533,258,604
95$828,344,903$89,722,378$44,882,922$585,910,215
96$912,691,580$93,974,271$46,241,996$643,860,677
97$1,005,637,067$98,429,955$47,642,048$707,647,386
98$1,108,058,297$103,099,273$49,084,307$777,862,414
99$1,220,921,650$107,992,544$50,570,038$855,158,079
100$1,345,292,070$113,120,590$52,100,545$940,253,085