Can I retire at age 52 with 16,000,000?

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 $16,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,254,210
2 years$654,092$641,910$630,104$618,657$607,554$585,806
3 years$431,730$419,495$407,719$396,379$385,457$364,291
4 years$320,570$308,373$296,715$285,569$274,911$254,490
5 years$253,892$241,768$230,263$219,344$208,983$189,366
6 years$209,455$197,422$186,087$175,411$165,361$146,570
7 years$177,726$165,795$154,639$144,215$134,483$116,523
8 years$153,940$142,117$131,146$120,979$111,567$94,434
9 years$135,450$123,738$112,956$103,047$93,955$77,641
10 years$120,667$109,069$98,478$88,828$80,054$64,545
11 years$108,579$97,098$86,698$77,307$68,850$54,127
12 years$98,513$87,150$76,942$67,808$59,664$45,709
13 years$90,002$78,758$68,743$59,865$52,028$38,821
14 years$82,714$71,589$61,766$53,141$45,607$33,125
15 years$76,403$65,398$55,766$47,392$40,156$28,375
16 years$70,886$60,001$50,560$42,435$35,490$24,385
17 years$66,023$55,259$46,008$38,127$31,468$21,013
18 years$61,706$51,062$41,999$34,360$27,980$18,150
19 years$57,847$47,323$38,448$31,048$24,939$15,708
20 years$54,379$43,975$35,286$28,120$22,276$13,617
21 years$51,245$40,961$32,456$25,520$19,935$11,822
22 years$48,400$38,236$29,913$23,204$17,869$10,276
23 years$45,806$35,761$27,620$21,132$16,040$8,942
24 years$43,431$33,506$25,544$19,274$14,417$7,788
25 years$41,250$31,444$23,659$17,602$12,973$6,789
26 years$39,241$29,552$21,942$16,094$11,686$5,922
27 years$37,383$27,812$20,375$14,731$10,536$5,169
28 years$35,661$26,207$18,941$13,497$9,506$4,514
29 years$34,060$24,723$17,627$12,377$8,584$3,944
30 years$32,569$23,348$16,418$11,359$7,756$3,447
31 years$31,177$22,072$15,306$10,433$7,012$3,014
32 years$29,875$20,885$14,281$9,588$6,343$2,636
33 years$28,654$19,778$13,334$8,817$5,741$2,306
34 years$27,507$18,745$12,459$8,112$5,197$2,017
35 years$26,428$17,779$11,648$7,468$4,708$1,766
36 years$25,412$16,875$10,897$6,878$4,265$1,546
37 years$24,452$16,028$10,199$6,337$3,866$1,353
38 years$23,546$15,232$9,551$5,841$3,505$1,185
39 years$22,688$14,484$8,948$5,385$3,178$1,038
40 years$21,875$13,780$8,387$4,967$2,883$909
41 years$21,103$13,118$7,864$4,583$2,615$796
42 years$20,370$12,493$7,377$4,230$2,373$697
43 years$19,674$11,903$6,922$3,904$2,154$611
44 years$19,010$11,346$6,498$3,605$1,955$535
45 years$18,378$10,820$6,101$3,329$1,775$469
46 years$17,776$10,322$5,731$3,075$1,611$411
47 years$17,200$9,850$5,384$2,841$1,463$360
48 years$16,650$9,403$5,059$2,625$1,329$315
49 years$16,125$8,979$4,755$2,426$1,207$276
50 years$15,622$8,577$4,471$2,243$1,096$242

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $16,000,000, adding $2,048 every year, while hoping to spend $51,260 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: 30/49/21 Blend
51$16,000,000$16,000,000$16,000,000$16,000,000
52$17,634,113$16,786,113$16,538,113$18,047,286
53$19,378,252$17,554,092$17,037,599$19,130,546
54$21,298,575$18,357,984$17,552,100$20,290,384
55$23,412,999$19,199,495$18,082,065$21,537,088
56$25,741,267$20,080,412$18,627,956$22,878,204
57$28,305,132$21,002,608$19,190,249$24,321,989
58$31,128,567$21,968,047$19,769,433$25,877,485
59$34,237,986$22,978,786$20,366,014$27,554,592
60$37,662,496$24,036,982$20,980,511$29,364,153
61$41,434,172$25,144,896$21,613,459$31,318,051
62$45,588,356$26,304,895$22,265,410$33,429,307
63$50,163,997$27,519,462$22,936,929$35,712,197
64$55,204,010$28,791,201$23,628,601$38,182,374
65$60,755,687$30,122,839$24,341,028$40,857,004
66$66,871,144$31,517,234$25,074,829$43,754,921
67$73,607,805$32,977,384$25,830,640$46,896,789
68$81,028,954$34,506,428$26,609,120$50,305,286
69$89,204,325$36,107,661$27,410,942$54,005,305
70$98,210,761$37,784,531$28,236,804$58,024,176
71$108,132,943$39,540,658$29,087,422$62,391,909
72$119,064,186$41,379,832$29,963,533$67,141,463
73$131,107,318$43,306,029$30,865,896$72,309,043
74$144,375,655$45,323,415$31,795,294$77,934,420
75$158,994,067$47,436,358$32,752,532$84,061,298
76$175,100,158$49,649,436$33,738,438$90,737,702
77$192,845,564$51,967,448$34,753,866$98,016,414
78$212,397,386$54,395,427$35,799,694$105,955,456
79$233,939,763$56,938,646$36,876,827$114,618,612
80$257,675,614$59,602,635$37,986,197$124,076,010
81$283,828,553$62,393,191$39,128,760$134,404,766
82$312,644,997$65,316,389$40,305,506$145,689,683
83$344,396,496$68,378,601$41,517,449$158,024,031
84$379,382,291$71,586,506$42,765,637$171,510,399
85$417,932,144$74,947,104$44,051,145$186,261,638
86$460,409,447$78,467,736$45,375,083$202,401,902
87$507,214,655$82,156,099$46,738,592$220,067,782
88$558,789,061$86,020,260$48,142,846$239,409,575
89$615,618,971$90,068,678$49,589,057$260,592,662
90$678,240,284$94,310,221$51,078,468$283,799,042
91$747,243,559$98,754,187$52,612,363$309,229,010
92$823,279,584$103,410,325$54,192,060$337,103,015
93$907,065,526$108,288,855$55,818,918$367,663,701
94$999,391,693$113,400,493$57,494,335$401,178,155
95$1,101,129,003$118,756,474$59,219,752$437,940,391
96$1,213,237,197$124,368,578$60,996,650$478,274,076
97$1,336,773,909$130,249,155$62,826,555$522,535,544
98$1,472,904,639$136,411,156$64,711,037$571,117,107
99$1,622,913,768$142,868,158$66,651,712$624,450,710
100$1,788,216,674$149,634,399$68,650,245$683,011,959