Can I retire at age 52 with 4,700,000?

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 $4,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$388,122$384,664$381,291$377,999$374,785$365,724
2 years$192,139$188,561$185,093$181,730$178,469$169,395
3 years$126,821$123,227$119,767$116,436$113,228$104,425
4 years$94,168$90,585$87,160$83,886$80,755$72,290
5 years$74,581$71,019$67,640$64,432$61,389$53,285
6 years$61,527$57,993$54,663$51,527$48,575$40,841
7 years$52,207$48,702$45,425$42,363$39,504$32,141
8 years$45,220$41,747$38,524$35,538$32,773$25,777
9 years$39,788$36,348$33,181$30,270$27,599$20,966
10 years$35,446$32,039$28,928$26,093$23,516$17,237
11 years$31,895$28,522$25,468$22,709$20,225$14,291
12 years$28,938$25,600$22,602$19,919$17,526$11,928
13 years$26,438$23,135$20,193$17,585$15,283$10,010
14 years$24,297$21,029$18,144$15,610$13,397$8,438
15 years$22,443$19,211$16,381$13,922$11,796$7,138
16 years$20,823$17,625$14,852$12,465$10,425$6,057
17 years$19,394$16,232$13,515$11,200$9,244$5,152
18 years$18,126$14,999$12,337$10,093$8,219$4,392
19 years$16,993$13,901$11,294$9,120$7,326$3,751
20 years$15,974$12,918$10,365$8,260$6,544$3,208
21 years$15,053$12,032$9,534$7,497$5,856$2,747
22 years$14,217$11,232$8,787$6,816$5,249$2,355
23 years$13,455$10,505$8,113$6,208$4,712$2,021
24 years$12,758$9,842$7,503$5,662$4,235$1,735
25 years$12,117$9,237$6,950$5,171$3,811$1,491
26 years$11,527$8,681$6,445$4,728$3,433$1,282
27 years$10,981$8,170$5,985$4,327$3,095$1,103
28 years$10,475$7,698$5,564$3,965$2,793$949
29 years$10,005$7,262$5,178$3,636$2,522$817
30 years$9,567$6,859$4,823$3,337$2,278$704
31 years$9,158$6,484$4,496$3,065$2,060$606
32 years$8,776$6,135$4,195$2,816$1,863$522
33 years$8,417$5,810$3,917$2,590$1,686$450
34 years$8,080$5,506$3,660$2,383$1,527$388
35 years$7,763$5,223$3,422$2,194$1,383$334
36 years$7,465$4,957$3,201$2,020$1,253$288
37 years$7,183$4,708$2,996$1,861$1,136$248
38 years$6,917$4,474$2,806$1,716$1,030$214
39 years$6,664$4,255$2,629$1,582$934$185
40 years$6,426$4,048$2,464$1,459$847$159
41 years$6,199$3,853$2,310$1,346$768$137
42 years$5,984$3,670$2,167$1,242$697$119
43 years$5,779$3,497$2,033$1,147$633$102
44 years$5,584$3,333$1,909$1,059$574$88
45 years$5,399$3,178$1,792$978$521$76
46 years$5,222$3,032$1,683$903$473$66
47 years$5,053$2,893$1,581$835$430$57
48 years$4,891$2,762$1,486$771$390$49
49 years$4,737$2,638$1,397$713$355$42
50 years$4,589$2,520$1,313$659$322$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $4,700,000, adding $6,520 every year, while hoping to spend $37,290 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: 54/21/25 Blend
51$4,700,000$4,700,000$4,700,000$4,700,000
52$5,186,125$4,937,025$4,864,175$5,430,022
53$5,675,434$5,139,263$4,987,449$5,801,024
54$6,213,402$5,350,161$5,113,602$6,200,303
55$6,804,954$5,570,104$5,242,693$6,634,224
56$7,455,514$5,799,494$5,374,778$7,106,117
57$8,171,060$6,038,752$5,509,916$7,619,648
58$8,958,176$6,288,320$5,648,167$8,178,847
59$9,824,119$6,548,656$5,789,590$8,788,150
60$10,776,883$6,820,244$5,934,244$9,452,435
61$11,825,276$7,103,587$6,082,192$10,177,071
62$12,979,003$7,399,212$6,233,495$10,967,965
63$14,248,758$7,707,670$6,388,214$11,831,618
64$15,646,324$8,029,538$6,546,411$12,775,186
65$17,184,684$8,365,420$6,708,151$13,806,543
66$18,878,143$8,715,947$6,873,495$14,934,359
67$20,742,464$9,081,779$7,042,508$16,168,175
68$22,795,017$9,463,608$7,215,253$17,518,497
69$25,054,940$9,862,156$7,391,796$18,996,889
70$27,543,322$10,278,180$7,572,200$20,616,085
71$30,283,402$10,712,472$7,756,529$22,390,104
72$33,300,786$11,165,860$7,944,850$24,334,384
73$36,623,690$11,639,211$8,137,226$26,465,924
74$40,283,207$12,133,432$8,333,723$28,803,442
75$44,313,597$12,649,473$8,534,406$31,367,554
76$48,752,614$13,188,328$8,739,339$34,180,960
77$53,641,860$13,751,035$8,948,586$37,268,664
78$59,027,179$14,338,685$9,162,213$40,658,202
79$64,959,086$14,952,415$9,380,282$44,379,904
80$71,493,248$15,593,420$9,602,857$48,467,174
81$78,691,008$16,262,945$9,830,001$52,956,808
82$86,619,961$16,962,300$10,061,776$57,889,335
83$95,354,594$17,692,850$10,298,243$63,309,397
84$104,976,992$18,456,028$10,539,463$69,266,173
85$115,577,605$19,253,334$10,785,495$75,813,834
86$127,256,109$20,086,335$11,036,397$83,012,055
87$140,122,342$20,956,676$11,292,227$90,926,577
88$154,297,343$21,866,076$11,553,039$99,629,821
89$169,914,495$22,816,336$11,818,888$109,201,570
90$187,120,778$23,809,341$12,089,826$119,729,719
91$206,078,165$24,847,067$12,365,903$131,311,103
92$226,965,144$25,931,579$12,647,167$144,052,405
93$249,978,406$27,065,044$12,933,664$158,071,160
94$275,334,699$28,249,727$13,225,438$173,496,863
95$303,272,877$29,488,002$13,522,528$190,472,183
96$334,056,151$30,782,354$13,824,973$209,154,310
97$367,974,577$32,135,388$14,132,808$229,716,433
98$405,347,789$33,549,828$14,446,063$252,349,369
99$446,528,024$35,028,529$14,764,766$277,263,363
100$491,903,437$36,574,482$15,088,940$304,690,064