Can I retire at age 52 with 16,800,000?

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 $16,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$1,387,328$1,374,971$1,362,914$1,351,146$1,339,656$1,312,607
2 years$686,796$674,005$661,609$649,590$637,931$610,799
3 years$453,316$440,470$428,105$416,198$404,730$378,360
4 years$336,599$323,792$311,551$299,847$288,657$263,253
5 years$266,587$253,857$241,776$230,312$219,432$195,066
6 years$219,927$207,293$195,391$184,182$173,629$150,327
7 years$186,612$174,085$162,371$151,426$141,207$118,974
8 years$161,637$149,223$137,703$127,028$117,145$95,975
9 years$142,223$129,925$118,604$108,199$98,653$78,532
10 years$126,700$114,523$103,402$93,269$84,057$64,965
11 years$114,008$101,953$91,033$81,172$72,292$54,206
12 years$103,439$91,507$80,790$71,199$62,647$45,540
13 years$94,503$82,696$72,180$62,858$54,629$38,472
14 years$86,849$75,168$64,854$55,798$47,888$32,651
15 years$80,223$68,668$58,555$49,762$42,164$27,814
16 years$74,430$63,001$53,088$44,557$37,265$23,769
17 years$69,325$58,022$48,308$40,034$33,041$20,366
18 years$64,791$53,615$44,099$36,078$29,379$17,489
19 years$60,740$49,690$40,371$32,600$26,186$15,046
20 years$57,098$46,174$37,050$29,526$23,390$12,966
21 years$53,807$43,009$34,079$26,796$20,931$11,188
22 years$50,820$40,148$31,409$24,364$18,762$9,666
23 years$48,096$37,549$29,001$22,189$16,842$8,359
24 years$45,603$35,181$26,821$20,237$15,138$7,235
25 years$43,313$33,016$24,841$18,482$13,622$6,266
26 years$41,203$31,029$23,039$16,899$12,270$5,431
27 years$39,252$29,202$21,394$15,468$11,062$4,710
28 years$37,444$27,517$19,888$14,172$9,982$4,086
29 years$35,763$25,959$18,508$12,996$9,013$3,547
30 years$34,198$24,516$17,239$11,927$8,144$3,080
31 years$32,736$23,176$16,072$10,954$7,363$2,675
32 years$31,368$21,929$14,995$10,067$6,660$2,324
33 years$30,086$20,767$14,001$9,258$6,028$2,019
34 years$28,882$19,682$13,082$8,518$5,457$1,755
35 years$27,750$18,668$12,231$7,841$4,943$1,526
36 years$26,682$17,719$11,441$7,221$4,479$1,327
37 years$25,675$16,829$10,709$6,654$4,059$1,154
38 years$24,723$15,994$10,028$6,133$3,680$1,003
39 years$23,822$15,208$9,396$5,655$3,337$873
40 years$22,968$14,469$8,807$5,216$3,027$759
41 years$22,158$13,774$8,258$4,812$2,746$660
42 years$21,389$13,117$7,746$4,441$2,492$574
43 years$20,657$12,498$7,269$4,100$2,261$500
44 years$19,961$11,913$6,823$3,785$2,053$435
45 years$19,297$11,361$6,406$3,496$1,863$378
46 years$18,664$10,838$6,017$3,229$1,692$329
47 years$18,060$10,342$5,653$2,983$1,536$286
48 years$17,483$9,873$5,312$2,757$1,395$249
49 years$16,931$9,428$4,993$2,548$1,267$217
50 years$16,403$9,006$4,694$2,355$1,151$189

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $16,800,000, adding $6,415 every year, while hoping to spend $23,196 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: 34/42/24 Blend
51$16,800,000$16,800,000$16,800,000$16,800,000
52$18,520,217$17,629,817$17,369,417$19,014,391
53$20,384,599$18,468,998$17,926,612$20,222,852
54$22,438,370$19,348,521$18,501,696$21,522,552
55$24,700,824$20,270,339$19,095,243$22,923,657
56$27,193,221$21,236,498$19,707,847$24,435,182
57$29,938,990$22,249,147$20,340,119$26,067,002
58$32,963,946$23,310,535$20,992,693$27,829,939
59$36,296,541$24,423,023$21,666,220$29,735,854
60$39,968,124$25,589,086$22,361,374$31,797,752
61$44,013,242$26,811,321$23,078,850$34,029,893
62$48,469,966$28,092,449$23,819,364$36,447,918
63$53,380,248$29,435,324$24,583,659$39,068,987
64$58,790,318$30,842,941$25,372,496$41,911,931
65$64,751,122$32,318,437$26,186,667$44,997,415
66$71,318,801$33,865,104$27,026,984$48,348,127
67$78,555,219$35,486,394$27,894,288$51,988,976
68$86,528,551$37,185,928$28,789,447$55,947,316
69$95,313,926$38,967,500$29,713,356$60,253,190
70$104,994,132$40,835,093$30,666,939$64,939,601
71$115,660,401$42,792,881$31,651,150$70,042,808
72$127,413,272$44,845,242$32,666,973$75,602,653
73$140,363,533$46,996,767$33,715,424$81,662,923
74$154,633,276$49,252,271$34,797,553$88,271,743
75$170,357,042$51,616,803$35,914,443$95,482,017
76$187,683,093$54,095,660$37,067,210$103,351,906
77$206,774,816$56,694,394$38,257,008$111,945,361
78$227,812,257$59,418,830$39,485,028$121,332,703
79$250,993,829$62,275,074$40,752,499$131,591,269
80$276,538,181$65,269,534$42,060,688$142,806,119
81$304,686,260$68,408,926$43,410,906$155,070,816
82$335,703,590$71,700,295$44,804,503$168,488,287
83$369,882,778$75,151,031$46,242,875$183,171,764
84$407,546,271$78,768,881$47,727,461$199,245,836
85$449,049,407$82,561,972$49,259,748$216,847,588
86$494,783,765$86,538,828$50,841,268$236,127,874
87$545,180,865$90,708,386$52,473,606$257,252,705
88$600,716,237$95,080,021$54,158,396$280,404,790
89$661,913,916$99,663,564$55,897,325$305,785,223
90$729,351,383$104,469,327$57,692,133$333,615,350
91$803,665,022$109,508,122$59,544,618$364,138,823
92$885,556,127$114,791,293$61,456,635$397,623,857
93$975,797,518$120,330,732$63,430,098$434,365,731
94$1,075,240,843$126,138,916$65,466,985$474,689,525
95$1,184,824,614$132,228,929$67,569,334$518,953,153
96$1,305,583,071$138,614,492$69,739,252$567,550,690
97$1,438,655,939$145,309,997$71,978,913$620,916,050
98$1,585,299,197$152,330,539$74,290,559$679,527,030
99$1,746,896,929$159,691,949$76,676,506$743,909,767
100$1,924,974,391$167,410,830$79,139,144$814,643,653