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%16.1%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,244,009
2 years$654,092$641,910$630,104$618,657$607,554$575,664
3 years$431,730$419,495$407,719$396,379$385,457$354,528
4 years$320,570$308,373$296,715$285,569$274,911$245,180
5 years$253,892$241,768$230,263$219,344$208,983$180,533
6 years$209,455$197,422$186,087$175,411$165,361$138,221
7 years$177,726$165,795$154,639$144,215$134,483$108,655
8 years$153,940$142,117$131,146$120,979$111,567$87,039
9 years$135,450$123,738$112,956$103,047$93,955$70,708
10 years$120,667$109,069$98,478$88,828$80,054$58,060
11 years$108,579$97,098$86,698$77,307$68,850$48,076
12 years$98,513$87,150$76,942$67,808$59,664$40,075
13 years$90,002$78,758$68,743$59,865$52,028$33,586
14 years$82,714$71,589$61,766$53,141$45,607$28,271
15 years$76,403$65,398$55,766$47,392$40,156$23,883
16 years$70,886$60,001$50,560$42,435$35,490$20,237
17 years$66,023$55,259$46,008$38,127$31,468$17,189
18 years$61,706$51,062$41,999$34,360$27,980$14,632
19 years$57,847$47,323$38,448$31,048$24,939$12,476
20 years$54,379$43,975$35,286$28,120$22,276$10,654
21 years$51,245$40,961$32,456$25,520$19,935$9,109
22 years$48,400$38,236$29,913$23,204$17,869$7,797
23 years$45,806$35,761$27,620$21,132$16,040$6,680
24 years$43,431$33,506$25,544$19,274$14,417$5,727
25 years$41,250$31,444$23,659$17,602$12,973$4,913
26 years$39,241$29,552$21,942$16,094$11,686$4,218
27 years$37,383$27,812$20,375$14,731$10,536$3,622
28 years$35,661$26,207$18,941$13,497$9,506$3,112
29 years$34,060$24,723$17,627$12,377$8,584$2,675
30 years$32,569$23,348$16,418$11,359$7,756$2,300
31 years$31,177$22,072$15,306$10,433$7,012$1,978
32 years$29,875$20,885$14,281$9,588$6,343$1,701
33 years$28,654$19,778$13,334$8,817$5,741$1,463
34 years$27,507$18,745$12,459$8,112$5,197$1,259
35 years$26,428$17,779$11,648$7,468$4,708$1,084
36 years$25,412$16,875$10,897$6,878$4,265$933
37 years$24,452$16,028$10,199$6,337$3,866$803
38 years$23,546$15,232$9,551$5,841$3,505$691
39 years$22,688$14,484$8,948$5,385$3,178$595
40 years$21,875$13,780$8,387$4,967$2,883$512
41 years$21,103$13,118$7,864$4,583$2,615$441
42 years$20,370$12,493$7,377$4,230$2,373$380
43 years$19,674$11,903$6,922$3,904$2,154$327
44 years$19,010$11,346$6,498$3,605$1,955$282
45 years$18,378$10,820$6,101$3,329$1,775$243
46 years$17,776$10,322$5,731$3,075$1,611$209
47 years$17,200$9,850$5,384$2,841$1,463$180
48 years$16,650$9,403$5,059$2,625$1,329$155
49 years$16,125$8,979$4,755$2,426$1,207$133
50 years$15,622$8,577$4,471$2,243$1,096$115

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 $4,632 every year, while hoping to spend $40,579 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: 71/12/17 Blend
51$16,000,000$16,000,000$16,000,000$16,000,000
52$17,636,778$16,788,778$16,540,778$18,818,470
53$19,392,554$17,568,252$17,051,718$20,384,141
54$21,326,058$18,384,561$17,578,415$22,092,363
55$23,455,377$19,239,466$18,121,353$23,961,510
56$25,800,440$20,134,814$18,681,033$26,007,495
57$28,383,207$21,072,541$19,257,969$28,247,835
58$31,227,876$22,054,678$19,852,693$30,701,811
59$34,361,113$23,083,351$20,465,752$33,390,653
60$37,812,302$24,160,791$21,097,710$36,337,730
61$41,613,823$25,289,335$21,749,149$39,568,773
62$45,801,355$26,471,435$22,420,669$43,112,114
63$50,414,218$27,709,660$23,112,886$46,998,949
64$55,495,739$29,006,704$23,826,438$51,263,627
65$61,093,662$30,365,390$24,561,981$55,943,977
66$67,260,599$31,788,678$25,320,191$61,081,655
67$74,054,529$33,279,672$26,101,766$66,722,538
68$81,539,340$34,841,625$26,907,425$72,917,149
69$89,785,436$36,477,948$27,737,907$79,721,133
70$98,870,400$38,192,217$28,593,976$87,195,778
71$108,879,726$39,988,181$29,476,420$95,408,585
72$119,907,627$41,869,770$30,386,048$104,433,906
73$132,057,922$43,841,106$31,323,698$114,353,638
74$145,445,018$45,906,508$32,290,230$125,257,990
75$160,194,989$48,070,506$33,286,532$137,246,331
76$176,446,766$50,337,850$34,313,519$150,428,122
77$194,353,450$52,713,517$35,372,135$164,923,945
78$214,083,752$55,202,730$36,463,352$180,866,632
79$235,823,591$57,810,961$37,588,171$198,402,514
80$259,777,849$60,543,949$38,747,626$217,692,799
81$286,172,298$63,407,711$39,942,780$238,915,081
82$315,255,740$66,408,557$41,174,731$262,265,014
83$347,302,350$69,553,100$42,444,609$287,958,150
84$382,614,266$72,848,278$43,753,579$316,231,965
85$421,524,440$76,301,363$45,102,843$347,348,096
86$464,399,783$79,919,980$46,493,638$381,594,797
87$511,644,626$83,712,124$47,927,240$419,289,656
88$563,704,538$87,686,179$49,404,964$460,782,584
89$621,070,536$91,850,936$50,928,164$506,459,104
90$684,283,711$96,215,612$52,498,238$556,743,985
91$753,940,345$100,789,873$54,116,625$612,105,239
92$830,697,536$105,583,853$55,784,808$673,058,530
93$915,279,402$110,608,179$57,504,317$740,172,028
94$1,008,483,917$115,873,995$59,276,726$814,071,763
95$1,111,190,441$121,392,985$61,103,661$895,447,523
96$1,224,368,027$127,177,403$62,986,795$985,059,349
97$1,349,084,566$133,240,096$64,927,853$1,083,744,703
98$1,486,516,868$139,594,537$66,928,613$1,192,426,353
99$1,637,961,774$146,254,855$68,990,907$1,312,121,073
100$1,804,848,397$153,235,864$71,116,623$1,443,949,228