Can I retire at age 52 with 16,700,000?

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,280,362
2 years$682,708$669,993$657,671$645,723$634,134$583,043
3 years$450,618$437,848$425,556$413,721$402,321$353,066
4 years$334,595$321,865$309,696$298,063$286,938$239,894
5 years$265,000$252,346$240,337$228,941$218,126$173,414
6 years$218,618$206,059$194,228$183,086$172,596$130,245
7 years$185,501$173,048$161,404$150,525$140,367$100,364
8 years$160,675$148,334$136,884$126,272$116,448$78,755
9 years$141,376$129,152$117,898$107,555$98,066$62,628
10 years$125,946$113,841$102,786$92,714$83,557$50,307
11 years$113,329$101,346$90,491$80,689$71,862$40,725
12 years$102,823$90,963$80,309$70,775$62,274$33,169
13 years$93,940$82,204$71,750$62,484$54,304$27,145
14 years$86,333$74,721$64,468$55,466$47,603$22,301
15 years$79,745$68,259$58,206$49,466$41,913$18,379
16 years$73,987$62,626$52,772$44,291$37,043$15,185
17 years$68,912$57,676$48,021$39,795$32,845$12,572
18 years$64,405$53,296$43,837$35,864$29,204$10,426
19 years$60,378$49,394$40,130$32,406$26,030$8,658
20 years$56,758$45,899$36,830$29,350$23,251$7,199
21 years$53,487$42,753$33,876$26,637$20,807$5,991
22 years$50,517$39,909$31,222$24,219$18,650$4,989
23 years$47,810$37,326$28,828$22,057$16,742$4,158
24 years$45,332$34,972$26,661$20,117$15,048$3,467
25 years$43,055$32,819$24,694$18,372$13,541$2,893
26 years$40,957$30,845$22,902$16,798$12,197$2,414
27 years$39,018$29,029$21,267$15,376$10,997$2,015
28 years$37,221$27,353$19,770$14,088$9,922$1,683
29 years$35,550$25,805$18,398$12,919$8,960$1,405
30 years$33,994$24,370$17,137$11,856$8,096$1,174
31 years$32,541$23,038$15,976$10,889$7,319$981
32 years$31,182$21,798$14,906$10,007$6,621$820
33 years$29,907$20,643$13,918$9,202$5,992$685
34 years$28,710$19,565$13,004$8,467$5,425$572
35 years$27,584$18,557$12,158$7,794$4,914$478
36 years$26,523$17,614$11,373$7,178$4,452$400
37 years$25,522$16,729$10,645$6,614$4,035$334
38 years$24,576$15,898$9,969$6,096$3,658$279
39 years$23,680$15,118$9,340$5,621$3,317$234
40 years$22,832$14,383$8,754$5,185$3,009$195
41 years$22,026$13,692$8,209$4,783$2,730$163
42 years$21,262$13,039$7,700$4,415$2,477$136
43 years$20,534$12,424$7,225$4,075$2,248$114
44 years$19,842$11,843$6,782$3,763$2,040$95
45 years$19,182$11,293$6,368$3,475$1,852$80
46 years$18,553$10,773$5,981$3,210$1,682$67
47 years$17,953$10,281$5,619$2,966$1,527$56
48 years$17,379$9,814$5,281$2,740$1,387$47
49 years$16,830$9,372$4,963$2,533$1,260$39
50 years$16,305$8,953$4,666$2,341$1,144$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $16,700,000, adding $5,385 every year, while hoping to spend $21,873 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: 79/16/5 Blend
51$16,700,000$16,700,000$16,700,000$16,700,000
52$18,408,955$17,523,855$17,265,005$19,859,340
53$20,263,395$18,359,251$17,820,110$21,645,274
54$22,306,256$19,234,848$18,393,077$23,600,382
55$24,556,732$20,152,594$18,984,484$25,744,265
56$27,035,977$21,114,529$19,594,922$28,095,712
57$29,767,300$22,122,794$20,225,005$30,675,406
58$32,776,388$23,179,635$20,875,366$33,506,121
59$36,091,547$24,287,404$21,546,659$36,612,926
60$39,743,969$25,448,572$22,239,556$40,023,427
61$43,768,028$26,665,725$22,954,755$43,768,019
62$48,201,600$27,941,580$23,692,973$47,880,170
63$53,086,429$29,278,982$24,454,953$52,396,736
64$58,468,510$30,680,918$25,241,459$57,358,302
65$64,398,532$32,150,517$26,053,282$62,809,562
66$70,932,353$33,691,063$26,891,237$68,799,738
67$78,131,526$35,305,998$27,756,167$75,383,039
68$86,063,883$36,998,934$28,648,941$82,619,169
69$94,804,174$38,773,656$29,570,455$90,573,885
70$104,434,770$40,634,135$30,521,635$99,319,613
71$115,046,444$42,584,536$31,503,438$108,936,127
72$126,739,229$44,629,226$32,516,850$119,511,295
73$139,623,356$46,772,783$33,562,890$131,141,906
74$153,820,300$49,020,012$34,642,610$143,934,574
75$169,463,927$51,375,949$35,757,093$158,006,741
76$186,701,754$53,845,876$36,907,462$173,487,777
77$205,696,343$56,435,334$38,094,872$190,520,195
78$226,626,836$59,150,132$39,320,517$209,260,990
79$249,690,649$61,996,364$40,585,629$229,883,113
80$275,105,328$64,980,418$41,891,480$252,577,096
81$303,110,610$68,108,998$43,239,384$277,552,841
82$333,970,685$71,389,131$44,630,696$305,041,596
83$367,976,685$74,828,189$46,066,815$335,298,125
84$405,449,438$78,433,902$47,549,184$368,603,106
85$446,742,495$82,214,377$49,079,296$405,265,772
86$492,245,466$86,178,118$50,658,689$445,626,816
87$542,387,700$90,334,042$52,288,951$490,061,600
88$597,642,337$94,691,502$53,971,723$538,983,685
89$658,530,777$99,260,307$55,708,697$592,848,725
90$725,627,599$104,050,744$57,501,621$652,158,754
91$799,565,987$109,073,604$59,352,298$717,466,914
92$881,043,708$114,340,201$61,262,591$789,382,663
93$970,829,699$119,862,404$63,234,421$868,577,514
94$1,069,771,327$125,652,661$65,269,772$955,791,358
95$1,178,802,387$131,724,025$67,370,694$1,051,839,436
96$1,298,951,917$138,090,189$69,539,299$1,157,620,017
97$1,431,353,918$144,765,514$71,777,771$1,274,122,862
98$1,577,258,054$151,765,060$74,088,362$1,402,438,546
99$1,738,041,451$159,104,624$76,473,398$1,543,768,742
100$1,915,221,702$166,800,773$78,935,280$1,699,437,539