Can I retire at age 52 with 12,400,000?

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 $12,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$1,023,980$1,014,859$1,005,960$997,275$988,793$967,643
2 years$506,921$497,480$488,330$479,459$470,854$449,648
3 years$334,590$325,109$315,982$307,194$298,729$278,130
4 years$248,442$238,989$229,954$221,316$213,056$193,222
5 years$196,766$187,371$178,454$169,992$161,962$142,949
6 years$162,327$153,002$144,217$135,944$128,155$109,984
7 years$137,738$128,491$119,845$111,767$104,224$86,898
8 years$119,304$110,140$101,638$93,759$86,464$69,977
9 years$104,974$95,897$87,541$79,861$72,815$57,156
10 years$93,517$84,529$76,320$68,841$62,042$47,195
11 years$84,149$75,251$67,191$59,913$53,358$39,304
12 years$76,348$67,541$59,630$52,551$46,239$32,956
13 years$69,752$61,037$53,276$46,395$40,322$27,786
14 years$64,103$55,481$47,869$41,184$35,346$23,533
15 years$59,212$50,683$43,219$36,729$31,121$20,006
16 years$54,937$46,501$39,184$32,887$27,505$17,060
17 years$51,168$42,826$35,656$29,549$24,388$14,586
18 years$47,822$39,573$32,549$26,629$21,684$12,498
19 years$44,832$36,676$29,797$24,062$19,328$10,728
20 years$42,144$34,081$27,347$21,793$17,264$9,224
21 years$39,715$31,745$25,154$19,778$15,449$7,941
22 years$37,510$29,633$23,183$17,983$13,848$6,845
23 years$35,499$27,715$21,405$16,377$12,431$5,905
24 years$33,659$25,967$19,796$14,937$11,173$5,099
25 years$31,969$24,369$18,335$13,641$10,054$4,406
26 years$30,411$22,903$17,005$12,473$9,056$3,810
27 years$28,972$21,554$15,791$11,417$8,165$3,296
28 years$27,637$20,310$14,680$10,460$7,368$2,853
29 years$26,397$19,160$13,661$9,592$6,653$2,470
30 years$25,241$18,095$12,724$8,803$6,011$2,139
31 years$24,162$17,106$11,863$8,085$5,435$1,853
32 years$23,153$16,186$11,068$7,431$4,916$1,606
33 years$22,207$15,328$10,334$6,833$4,449$1,392
34 years$21,318$14,527$9,656$6,287$4,028$1,207
35 years$20,482$13,779$9,027$5,787$3,648$1,047
36 years$19,694$13,078$8,445$5,330$3,306$908
37 years$18,951$12,421$7,904$4,911$2,996$787
38 years$18,248$11,805$7,402$4,527$2,716$683
39 years$17,583$11,225$6,935$4,174$2,463$592
40 years$16,953$10,680$6,500$3,850$2,234$514
41 years$16,355$10,166$6,095$3,552$2,027$446
42 years$15,787$9,682$5,717$3,278$1,839$387
43 years$15,247$9,225$5,365$3,026$1,669$336
44 years$14,733$8,793$5,036$2,794$1,515$291
45 years$14,243$8,385$4,729$2,580$1,375$253
46 years$13,776$7,999$4,441$2,383$1,249$219
47 years$13,330$7,634$4,172$2,202$1,134$190
48 years$12,904$7,287$3,921$2,035$1,030$165
49 years$12,497$6,959$3,685$1,880$935$143
50 years$12,107$6,648$3,465$1,738$850$125

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $12,400,000, adding $3,657 every year, while hoping to spend $22,914 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: 61/24/15 Blend
51$12,400,000$12,400,000$12,400,000$12,400,000
52$13,668,572$13,011,372$12,819,172$14,451,025
53$15,038,386$13,624,549$13,224,234$15,591,234
54$16,547,153$14,267,004$13,642,098$16,832,041
55$18,209,023$14,940,146$14,073,167$18,185,543
56$20,039,585$15,645,456$14,517,861$19,662,655
57$22,056,022$16,384,483$14,976,609$21,275,386
58$24,277,267$17,158,853$15,449,855$23,036,940
59$26,724,181$17,970,270$15,938,059$24,961,842
60$29,419,756$18,820,521$16,441,692$27,066,069
61$32,389,325$19,711,481$16,961,243$29,367,200
62$35,660,806$20,645,113$17,497,214$31,884,573
63$39,264,963$21,623,478$18,050,126$34,639,468
64$43,235,697$22,648,736$18,620,512$37,655,300
65$47,610,365$23,723,151$19,208,927$40,957,839
66$52,430,135$24,849,099$19,815,938$44,575,443
67$57,740,373$26,029,068$20,442,136$48,539,327
68$63,591,069$27,265,671$21,088,126$52,883,847
69$70,037,313$28,561,644$21,754,533$57,646,822
70$77,139,812$29,919,858$22,442,003$62,869,883
71$84,965,466$31,343,323$23,151,203$68,598,862
72$93,587,994$32,835,197$23,882,819$74,884,216
73$103,088,635$34,398,787$24,637,559$81,781,500
74$113,556,914$36,037,566$25,416,155$89,351,880
75$125,091,484$37,755,171$26,219,362$97,662,707
76$137,801,061$39,555,420$27,047,956$106,788,142
77$151,805,447$41,442,314$27,902,741$116,809,852
78$167,236,665$43,420,049$28,784,544$127,817,769
79$184,240,199$45,493,026$29,694,220$139,910,931
80$202,976,373$47,665,858$30,632,651$153,198,411
81$223,621,863$49,943,385$31,600,744$167,800,331
82$246,371,362$52,330,681$32,599,439$183,848,992
83$271,439,423$54,833,066$33,629,702$201,490,110
84$299,062,479$57,456,121$34,692,532$220,884,180
85$329,501,077$60,205,696$35,788,957$242,207,980
86$363,042,341$63,087,929$36,920,041$265,656,229
87$400,002,677$66,109,255$38,086,880$291,443,413
88$440,730,763$69,276,421$39,290,603$319,805,794
89$485,610,839$72,596,504$40,532,376$351,003,628
90$535,066,337$76,076,926$41,813,404$385,323,611
91$589,563,877$79,725,469$43,134,926$423,081,565
92$649,617,671$83,550,294$44,498,224$464,625,406
93$715,794,377$87,559,962$45,904,619$510,338,416
94$788,718,452$91,763,449$47,355,472$560,642,835
95$869,078,043$96,170,167$48,852,189$616,003,840
96$957,631,488$100,789,990$50,396,222$676,933,910
97$1,055,214,469$105,633,269$51,989,065$743,997,647
98$1,162,747,909$110,710,863$53,632,262$817,817,085
99$1,281,246,659$116,034,158$55,327,406$899,077,542
100$1,411,829,082$121,615,097$57,076,139$988,534,066