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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.8%
1 years$1,015,723$1,006,675$997,848$989,232$980,819$942,276
2 years$502,833$493,468$484,392$475,592$467,057$428,697
3 years$331,892$322,487$313,434$304,717$296,320$259,351
4 years$246,438$237,062$228,100$219,531$211,338$176,042
5 years$195,180$185,859$177,015$168,621$160,656$127,122
6 years$161,018$151,768$143,054$134,848$127,121$95,372
7 years$136,627$127,455$118,879$110,866$103,384$73,407
8 years$118,342$109,252$100,818$93,002$85,767$57,533
9 years$104,127$95,124$86,835$79,217$72,228$45,696
10 years$92,762$83,847$75,705$68,286$61,542$36,659
11 years$83,470$74,644$66,649$59,429$52,928$29,638
12 years$75,732$66,996$59,149$52,128$45,866$24,107
13 years$69,189$60,545$52,846$46,021$39,996$19,702
14 years$63,586$55,034$47,482$40,852$35,061$16,163
15 years$58,735$50,274$42,870$36,433$30,870$13,301
16 years$54,494$46,126$38,868$32,622$27,283$10,974
17 years$50,755$42,480$35,369$29,310$24,191$9,072
18 years$47,436$39,254$32,287$26,415$21,510$7,512
19 years$44,470$36,380$29,557$23,868$19,172$6,229
20 years$41,804$33,806$27,126$21,617$17,125$5,171
21 years$39,395$31,489$24,951$19,619$15,325$4,297
22 years$37,207$29,394$22,996$17,838$13,736$3,573
23 years$35,213$27,491$21,233$16,245$12,331$2,973
24 years$33,388$25,758$19,637$14,817$11,083$2,475
25 years$31,711$24,172$18,187$13,531$9,973$2,062
26 years$30,166$22,718$16,868$12,372$8,983$1,718
27 years$28,738$21,380$15,663$11,325$8,099$1,432
28 years$27,414$20,147$14,561$10,376$7,308$1,193
29 years$26,184$19,006$13,550$9,515$6,599$995
30 years$25,037$17,949$12,622$8,732$5,963$830
31 years$23,967$16,968$11,767$8,020$5,391$692
32 years$22,966$16,055$10,979$7,371$4,876$578
33 years$22,027$15,204$10,251$6,778$4,413$482
34 years$21,146$14,410$9,578$6,236$3,996$402
35 years$20,317$13,668$8,955$5,741$3,619$335
36 years$19,535$12,973$8,377$5,287$3,279$280
37 years$18,798$12,321$7,841$4,871$2,972$234
38 years$18,101$11,710$7,342$4,490$2,694$195
39 years$17,441$11,135$6,879$4,140$2,443$163
40 years$16,816$10,594$6,448$3,819$2,216$136
41 years$16,223$10,084$6,046$3,523$2,010$113
42 years$15,660$9,604$5,671$3,251$1,824$95
43 years$15,124$9,151$5,322$3,001$1,656$79
44 years$14,614$8,722$4,995$2,771$1,503$66
45 years$14,128$8,318$4,690$2,559$1,364$55
46 years$13,665$7,935$4,405$2,364$1,239$46
47 years$13,223$7,572$4,139$2,184$1,125$38
48 years$12,800$7,229$3,889$2,018$1,022$32
49 years$12,396$6,903$3,656$1,865$928$27
50 years$12,009$6,594$3,437$1,724$843$22

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 $5,971 every year, while hoping to spend $33,358 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: 43/47/10 Blend
51$12,300,000$12,300,000$12,300,000$12,300,000
52$13,560,759$12,908,859$12,718,209$14,104,350
53$14,908,464$13,505,901$13,108,776$15,080,624
54$16,392,517$14,131,079$13,511,310$16,133,769
55$18,026,789$14,785,738$13,926,175$17,273,909
56$19,826,568$15,471,286$14,353,748$18,509,022
57$21,808,698$16,189,198$14,794,418$19,847,855
58$23,991,739$16,941,023$15,248,585$21,300,010
59$26,396,144$17,728,381$15,716,661$22,876,020
60$29,044,453$18,552,973$16,199,071$24,587,448
61$31,961,499$19,416,581$16,696,252$26,446,986
62$35,174,652$20,321,074$17,208,656$28,468,570
63$38,714,068$21,268,408$17,736,748$30,667,504
64$42,612,980$22,260,637$18,281,006$33,060,597
65$46,908,008$23,299,912$18,841,924$35,666,315
66$51,639,508$24,388,491$19,420,011$38,504,944
67$56,851,947$25,528,736$20,015,790$41,598,776
68$62,594,328$26,723,127$20,629,803$44,972,312
69$68,920,653$27,974,263$21,262,604$48,652,477
70$75,890,426$29,284,869$21,914,768$52,668,871
71$83,569,222$30,657,800$22,586,885$57,054,038
72$92,029,301$32,096,051$23,279,564$61,843,758
73$101,350,293$33,602,760$23,993,433$67,077,376
74$111,619,948$35,181,220$24,729,137$72,798,163
75$122,934,962$36,834,880$25,487,343$79,053,711
76$135,401,896$38,567,357$26,268,737$85,896,368
77$149,138,176$40,382,443$27,074,026$93,383,721
78$164,273,203$42,284,116$27,903,939$101,579,123
79$180,949,575$44,276,543$28,759,226$110,552,279
80$199,324,432$46,364,095$29,640,661$120,379,887
81$219,570,943$48,551,354$30,549,041$131,146,345
82$241,879,933$50,843,124$31,485,188$142,944,533
83$266,461,691$53,244,442$32,449,948$155,876,668
84$293,547,955$55,760,591$33,444,192$170,055,255
85$323,394,093$58,397,106$34,468,819$185,604,128
86$356,281,521$61,159,795$35,524,755$202,659,596
87$392,520,355$64,054,744$36,612,953$221,371,711
88$432,452,341$67,088,337$37,734,397$241,905,660
89$476,454,079$70,267,265$38,890,099$264,443,305
90$524,940,580$73,598,546$40,081,102$289,184,870
91$578,369,183$77,089,537$41,308,482$316,350,808
92$637,243,869$80,747,954$42,573,346$346,183,855
93$702,120,026$84,581,886$43,876,835$378,951,293
94$773,609,685$88,599,815$45,220,125$414,947,443
95$852,387,302$92,810,635$46,604,429$454,496,413
96$939,196,123$97,223,673$48,030,993$497,955,125
97$1,034,855,201$101,848,706$49,501,105$545,716,651
98$1,140,267,129$106,695,990$51,016,090$598,213,884
99$1,256,426,559$111,776,277$52,577,312$655,923,595
100$1,384,429,596$117,100,842$54,186,179$719,370,888