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%17.6%
1 years$1,321,265$1,309,496$1,298,013$1,286,806$1,275,862$1,236,507
2 years$654,092$641,910$630,104$618,657$607,554$568,248
3 years$431,730$419,495$407,719$396,379$385,457$347,433
4 years$320,570$308,373$296,715$285,569$274,911$238,461
5 years$253,892$241,768$230,263$219,344$208,983$174,205
6 years$209,455$197,422$186,087$175,411$165,361$132,286
7 years$177,726$165,795$154,639$144,215$134,483$103,108
8 years$153,940$142,117$131,146$120,979$111,567$81,872
9 years$135,450$123,738$112,956$103,047$93,955$65,908
10 years$120,667$109,069$98,478$88,828$80,054$53,614
11 years$108,579$97,098$86,698$77,307$68,850$43,969
12 years$98,513$87,150$76,942$67,808$59,664$36,291
13 years$90,002$78,758$68,743$59,865$52,028$30,109
14 years$82,714$71,589$61,766$53,141$45,607$25,083
15 years$76,403$65,398$55,766$47,392$40,156$20,968
16 years$70,886$60,001$50,560$42,435$35,490$17,576
17 years$66,023$55,259$46,008$38,127$31,468$14,767
18 years$61,706$51,062$41,999$34,360$27,980$12,431
19 years$57,847$47,323$38,448$31,048$24,939$10,481
20 years$54,379$43,975$35,286$28,120$22,276$8,849
21 years$51,245$40,961$32,456$25,520$19,935$7,479
22 years$48,400$38,236$29,913$23,204$17,869$6,327
23 years$45,806$35,761$27,620$21,132$16,040$5,357
24 years$43,431$33,506$25,544$19,274$14,417$4,538
25 years$41,250$31,444$23,659$17,602$12,973$3,847
26 years$39,241$29,552$21,942$16,094$11,686$3,263
27 years$37,383$27,812$20,375$14,731$10,536$2,768
28 years$35,661$26,207$18,941$13,497$9,506$2,349
29 years$34,060$24,723$17,627$12,377$8,584$1,995
30 years$32,569$23,348$16,418$11,359$7,756$1,694
31 years$31,177$22,072$15,306$10,433$7,012$1,439
32 years$29,875$20,885$14,281$9,588$6,343$1,222
33 years$28,654$19,778$13,334$8,817$5,741$1,038
34 years$27,507$18,745$12,459$8,112$5,197$882
35 years$26,428$17,779$11,648$7,468$4,708$750
36 years$25,412$16,875$10,897$6,878$4,265$637
37 years$24,452$16,028$10,199$6,337$3,866$542
38 years$23,546$15,232$9,551$5,841$3,505$460
39 years$22,688$14,484$8,948$5,385$3,178$391
40 years$21,875$13,780$8,387$4,967$2,883$333
41 years$21,103$13,118$7,864$4,583$2,615$283
42 years$20,370$12,493$7,377$4,230$2,373$240
43 years$19,674$11,903$6,922$3,904$2,154$204
44 years$19,010$11,346$6,498$3,605$1,955$174
45 years$18,378$10,820$6,101$3,329$1,775$148
46 years$17,776$10,322$5,731$3,075$1,611$126
47 years$17,200$9,850$5,384$2,841$1,463$107
48 years$16,650$9,403$5,059$2,625$1,329$91
49 years$16,125$8,979$4,755$2,426$1,207$77
50 years$15,622$8,577$4,471$2,243$1,096$66

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 $4,769 every year, while hoping to spend $25,099 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: 59/19/22 Blend
51$16,000,000$16,000,000$16,000,000$16,000,000
52$17,636,919$16,788,919$16,540,919$18,573,902
53$19,409,180$17,584,871$17,068,335$20,007,181
54$21,361,370$18,418,983$17,612,578$21,566,512
55$23,511,815$19,293,100$18,174,185$23,266,668
56$25,880,712$20,209,152$18,753,711$25,121,291
57$28,490,312$21,169,168$19,351,728$27,145,384
58$31,365,139$22,175,273$19,968,826$29,355,449
59$34,532,216$23,229,694$20,605,615$31,769,638
60$38,021,322$24,334,769$21,262,723$34,407,922
61$41,865,271$25,492,948$21,940,799$37,292,271
62$46,100,226$26,706,798$22,640,512$40,446,863
63$50,766,033$27,979,016$23,362,554$43,898,300
64$55,906,606$29,312,425$24,107,636$47,675,857
65$61,570,334$30,709,988$24,876,496$51,811,754
66$67,810,541$32,174,811$25,669,893$56,341,455
67$74,685,991$33,710,151$26,488,609$61,303,991
68$82,261,438$35,319,425$27,333,453$66,742,332
69$90,608,241$37,006,213$28,205,260$72,703,776
70$99,805,037$38,774,273$29,104,891$79,240,396
71$109,938,480$40,627,542$30,033,235$86,409,520
72$121,104,065$42,570,151$30,991,208$94,274,269
73$133,407,023$44,606,431$31,979,756$102,904,140
74$146,963,318$46,740,925$32,999,857$112,375,658
75$161,900,742$48,978,396$34,052,518$122,773,090
76$178,360,119$51,323,839$35,138,778$134,189,229
77$196,496,635$53,782,491$36,259,712$146,726,262
78$216,481,306$56,359,847$37,416,426$160,496,726
79$238,502,586$59,061,667$38,610,063$175,624,559
80$262,768,153$61,893,991$39,841,803$192,246,262
81$289,506,864$64,863,156$41,112,863$210,512,171
82$318,970,919$67,975,806$42,424,499$230,587,874
83$351,438,239$71,238,907$43,778,007$252,655,751
84$387,215,094$74,659,768$45,174,724$276,916,693
85$426,638,987$78,246,050$46,616,031$303,591,982
86$470,081,848$82,005,791$48,103,353$332,925,362
87$517,953,540$85,947,419$49,638,159$365,185,333
88$570,705,730$90,079,771$51,221,966$400,667,667
89$628,836,153$94,412,118$52,856,340$439,698,184
90$692,893,310$98,954,181$54,542,896$482,635,814
91$763,481,646$103,716,154$56,283,302$529,875,968
92$841,267,259$108,708,731$58,079,278$581,854,249
93$926,984,185$113,943,124$59,932,599$639,050,553
94$1,021,441,329$119,431,094$61,845,098$701,993,575
95$1,125,530,101$125,184,975$63,818,666$771,265,779
96$1,240,232,833$131,217,701$65,855,253$847,508,881
97$1,366,632,052$137,542,838$67,956,874$931,429,879
98$1,505,920,699$144,174,614$70,125,606$1,023,807,709
99$1,659,413,391$151,127,951$72,363,595$1,125,500,570
100$1,828,558,835$158,418,498$74,673,053$1,237,454,004