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

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 $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%12.4%
1 years$388,122$384,664$381,291$377,999$374,785$371,025
2 years$192,139$188,561$185,093$181,730$178,469$174,682
3 years$126,821$123,227$119,767$116,436$113,228$109,532
4 years$94,168$90,585$87,160$83,886$80,755$77,178
5 years$74,581$71,019$67,640$64,432$61,389$57,941
6 years$61,527$57,993$54,663$51,527$48,575$45,260
7 years$52,207$48,702$45,425$42,363$39,504$36,325
8 years$45,220$41,747$38,524$35,538$32,773$29,728
9 years$39,788$36,348$33,181$30,270$27,599$24,689
10 years$35,446$32,039$28,928$26,093$23,516$20,737
11 years$31,895$28,522$25,468$22,709$20,225$17,576
12 years$28,938$25,600$22,602$19,919$17,526$15,004
13 years$26,438$23,135$20,193$17,585$15,283$12,885
14 years$24,297$21,029$18,144$15,610$13,397$11,120
15 years$22,443$19,211$16,381$13,922$11,796$9,637
16 years$20,823$17,625$14,852$12,465$10,425$8,380
17 years$19,394$16,232$13,515$11,200$9,244$7,308
18 years$18,126$14,999$12,337$10,093$8,219$6,390
19 years$16,993$13,901$11,294$9,120$7,326$5,599
20 years$15,974$12,918$10,365$8,260$6,544$4,916
21 years$15,053$12,032$9,534$7,497$5,856$4,322
22 years$14,217$11,232$8,787$6,816$5,249$3,806
23 years$13,455$10,505$8,113$6,208$4,712$3,356
24 years$12,758$9,842$7,503$5,662$4,235$2,962
25 years$12,117$9,237$6,950$5,171$3,811$2,616
26 years$11,527$8,681$6,445$4,728$3,433$2,313
27 years$10,981$8,170$5,985$4,327$3,095$2,047
28 years$10,475$7,698$5,564$3,965$2,793$1,812
29 years$10,005$7,262$5,178$3,636$2,522$1,605
30 years$9,567$6,859$4,823$3,337$2,278$1,423
31 years$9,158$6,484$4,496$3,065$2,060$1,261
32 years$8,776$6,135$4,195$2,816$1,863$1,119
33 years$8,417$5,810$3,917$2,590$1,686$993
34 years$8,080$5,506$3,660$2,383$1,527$881
35 years$7,763$5,223$3,422$2,194$1,383$782
36 years$7,465$4,957$3,201$2,020$1,253$695
37 years$7,183$4,708$2,996$1,861$1,136$617
38 years$6,917$4,474$2,806$1,716$1,030$548
39 years$6,664$4,255$2,629$1,582$934$487
40 years$6,426$4,048$2,464$1,459$847$433
41 years$6,199$3,853$2,310$1,346$768$385
42 years$5,984$3,670$2,167$1,242$697$342
43 years$5,779$3,497$2,033$1,147$633$304
44 years$5,584$3,333$1,909$1,059$574$270
45 years$5,399$3,178$1,792$978$521$240
46 years$5,222$3,032$1,683$903$473$214
47 years$5,053$2,893$1,581$835$430$190
48 years$4,891$2,762$1,486$771$390$169
49 years$4,737$2,638$1,397$713$355$150
50 years$4,589$2,520$1,313$659$322$134

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 $6,995 every year, while hoping to spend $51,412 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: 45/36/19 Blend
51$4,700,000$4,700,000$4,700,000$4,700,000
52$5,186,615$4,937,515$4,864,665$5,391,391
53$5,660,948$5,124,752$4,972,930$5,722,909
54$6,181,940$5,319,439$5,083,098$6,076,544
55$6,754,295$5,521,889$5,195,179$6,458,961
56$7,383,197$5,732,426$5,309,182$6,872,855
57$8,074,357$5,951,388$5,425,112$7,321,187
58$8,834,063$6,179,128$5,542,976$7,807,210
59$9,669,248$6,416,016$5,662,776$8,334,501
60$10,587,546$6,662,435$5,784,513$8,906,993
61$11,597,369$6,918,788$5,908,188$9,529,009
62$12,707,986$7,185,494$6,033,798$10,205,302
63$13,929,608$7,462,991$6,161,338$10,941,102
64$15,273,486$7,751,735$6,290,800$11,742,159
65$16,752,016$8,052,205$6,422,176$12,614,798
66$18,378,856$8,364,897$6,555,453$13,565,979
67$20,169,054$8,690,332$6,690,616$14,603,357
68$22,139,193$9,029,054$6,827,647$15,735,358
69$24,307,542$9,381,629$6,966,525$16,971,251
70$26,694,233$9,748,650$7,107,225$18,321,239
71$29,321,447$10,130,736$7,249,719$19,796,550
72$32,213,625$10,528,532$7,393,975$21,409,543
73$35,397,699$10,942,715$7,539,958$23,173,820
74$38,903,345$11,373,988$7,687,627$25,104,357
75$42,763,261$11,823,089$7,836,937$27,217,638
76$47,013,480$12,290,787$7,987,841$29,531,814
77$51,693,705$12,777,885$8,140,284$32,066,865
78$56,847,685$13,285,224$8,294,206$34,844,794
79$62,523,630$13,813,681$8,449,543$37,889,826
80$68,774,663$14,364,173$8,606,224$41,228,637
81$75,659,319$14,937,659$8,764,174$44,890,603
82$83,242,104$15,535,138$8,923,308$48,908,074
83$91,594,098$16,157,659$9,083,538$53,316,676
84$100,793,625$16,806,314$9,244,766$58,155,645
85$110,926,998$17,482,247$9,406,889$63,468,194
86$122,089,326$18,186,651$9,569,794$69,301,918
87$134,385,417$18,920,776$9,733,361$75,709,238
88$147,930,763$19,685,928$9,897,462$82,747,896
89$162,852,632$20,483,469$10,061,958$90,481,493
90$179,291,269$21,314,828$10,226,702$98,980,085
91$197,401,218$22,181,495$10,391,537$108,320,844
92$217,352,783$23,085,028$10,556,294$118,588,780
93$239,333,632$24,027,060$10,720,795$129,877,537
94$263,550,570$25,009,293$10,884,849$142,290,278
95$290,231,489$26,033,510$11,048,253$155,940,648
96$319,627,524$27,101,574$11,210,792$170,953,845
97$352,015,415$28,215,435$11,372,237$187,467,799
98$387,700,127$29,377,131$11,532,347$205,634,461
99$427,017,722$30,588,793$11,690,862$225,621,242
100$470,338,536$31,852,649$11,847,512$247,612,578