Can I retire at age 52 with 12,300,000?

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 $12,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,015,723$1,006,675$997,848$989,232$980,819$964,174
2 years$502,833$493,468$484,392$475,592$467,057$450,338
3 years$331,892$322,487$313,434$304,717$296,320$280,049
4 years$246,438$237,062$228,100$219,531$211,338$195,639
5 years$195,180$185,859$177,015$168,621$160,656$145,575
6 years$161,018$151,768$143,054$134,848$127,121$112,675
7 years$136,627$127,455$118,879$110,866$103,384$89,577
8 years$118,342$109,252$100,818$93,002$85,767$72,596
9 years$104,127$95,124$86,835$79,217$72,228$59,686
10 years$92,762$83,847$75,705$68,286$61,542$49,619
11 years$83,470$74,644$66,649$59,429$52,928$41,610
12 years$75,732$66,996$59,149$52,128$45,866$35,139
13 years$69,189$60,545$52,846$46,021$39,996$29,844
14 years$63,586$55,034$47,482$40,852$35,061$25,465
15 years$58,735$50,274$42,870$36,433$30,870$21,813
16 years$54,494$46,126$38,868$32,622$27,283$18,746
17 years$50,755$42,480$35,369$29,310$24,191$16,154
18 years$47,436$39,254$32,287$26,415$21,510$13,953
19 years$44,470$36,380$29,557$23,868$19,172$12,075
20 years$41,804$33,806$27,126$21,617$17,125$10,468
21 years$39,395$31,489$24,951$19,619$15,325$9,088
22 years$37,207$29,394$22,996$17,838$13,736$7,900
23 years$35,213$27,491$21,233$16,245$12,331$6,874
24 years$33,388$25,758$19,637$14,817$11,083$5,987
25 years$31,711$24,172$18,187$13,531$9,973$5,219
26 years$30,166$22,718$16,868$12,372$8,983$4,553
27 years$28,738$21,380$15,663$11,325$8,099$3,974
28 years$27,414$20,147$14,561$10,376$7,308$3,470
29 years$26,184$19,006$13,550$9,515$6,599$3,032
30 years$25,037$17,949$12,622$8,732$5,963$2,650
31 years$23,967$16,968$11,767$8,020$5,391$2,317
32 years$22,966$16,055$10,979$7,371$4,876$2,026
33 years$22,027$15,204$10,251$6,778$4,413$1,772
34 years$21,146$14,410$9,578$6,236$3,996$1,551
35 years$20,317$13,668$8,955$5,741$3,619$1,357
36 years$19,535$12,973$8,377$5,287$3,279$1,188
37 years$18,798$12,321$7,841$4,871$2,972$1,040
38 years$18,101$11,710$7,342$4,490$2,694$911
39 years$17,441$11,135$6,879$4,140$2,443$798
40 years$16,816$10,594$6,448$3,819$2,216$699
41 years$16,223$10,084$6,046$3,523$2,010$612
42 years$15,660$9,604$5,671$3,251$1,824$536
43 years$15,124$9,151$5,322$3,001$1,656$469
44 years$14,614$8,722$4,995$2,771$1,503$411
45 years$14,128$8,318$4,690$2,559$1,364$360
46 years$13,665$7,935$4,405$2,364$1,239$316
47 years$13,223$7,572$4,139$2,184$1,125$277
48 years$12,800$7,229$3,889$2,018$1,022$242
49 years$12,396$6,903$3,656$1,865$928$212
50 years$12,009$6,594$3,437$1,724$843$186

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $12,300,000, adding $3,819 every year, while hoping to spend $31,908 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: 46/37/17 Blend
51$12,300,000$12,300,000$12,300,000$12,300,000
52$13,558,539$12,906,639$12,715,989$14,116,406
53$14,907,560$13,505,115$13,108,025$15,104,097
54$16,393,112$14,131,846$13,512,125$16,171,480
55$18,029,087$14,788,184$13,928,658$17,328,794
56$19,830,794$15,475,545$14,358,008$18,584,416
57$21,815,101$16,195,413$14,800,568$19,947,541
58$24,000,597$16,949,343$15,256,742$21,428,269
59$26,407,764$17,738,968$15,726,949$23,037,689
60$29,059,175$18,565,996$16,211,621$24,787,981
61$31,979,700$19,432,219$16,711,200$26,692,529
62$35,196,749$20,339,517$17,226,144$28,766,035
63$38,740,522$21,289,859$17,756,925$31,024,657
64$42,644,303$22,285,309$18,304,029$33,486,152
65$46,944,765$23,328,032$18,867,957$36,170,040
66$51,682,322$24,420,297$19,449,225$39,097,778
67$56,901,510$25,564,482$20,048,365$42,292,961
68$62,651,404$26,763,082$20,665,925$45,781,529
69$68,986,084$28,018,710$21,302,471$49,592,010
70$75,965,145$29,334,107$21,958,584$53,755,781
71$83,654,258$30,712,147$22,634,865$58,307,352
72$92,125,792$32,155,842$23,331,933$63,284,687
73$101,459,495$33,668,350$24,050,424$68,729,549
74$111,743,247$35,252,982$24,790,997$74,687,888
75$123,073,890$36,913,211$25,554,328$81,210,260
76$135,558,144$38,652,675$26,341,114$88,352,300
77$149,313,608$40,475,190$27,152,075$96,175,229
78$164,469,879$42,384,757$27,987,953$104,746,425
79$181,169,767$44,385,570$28,849,510$114,140,044
80$199,570,649$46,482,029$29,737,534$124,437,708
81$219,845,950$48,678,743$30,652,836$135,729,263
82$242,186,783$50,980,548$31,596,252$148,113,612
83$266,803,753$53,392,512$32,568,644$161,699,632
84$293,928,941$55,919,951$33,570,900$176,607,190
85$323,818,102$58,568,437$34,603,934$192,968,258
86$356,753,072$61,343,815$35,668,689$210,928,136
87$393,044,433$64,252,209$36,766,138$230,646,815
88$433,034,444$67,300,046$37,897,281$252,300,461
89$477,100,268$70,494,059$39,063,152$276,083,063
90$525,657,541$73,841,314$40,264,813$302,208,243
91$579,164,287$77,349,214$41,503,360$330,911,248
92$638,125,245$81,025,527$42,779,924$362,451,156
93$703,096,636$84,878,394$44,095,668$397,113,291
94$774,691,412$88,916,354$45,451,792$435,211,894
95$853,585,041$93,148,360$46,849,532$477,093,066
96$940,521,886$97,583,801$48,290,161$523,138,009
97$1,036,322,230$102,232,519$49,774,994$573,766,592
98$1,141,890,024$107,104,839$51,305,383$629,441,289
99$1,258,221,416$112,211,585$52,882,722$690,671,515
100$1,386,414,155$117,564,108$54,508,448$758,018,400