Can I retire at age 52 with 7,000,000?

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 $7,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$578,053$572,904$567,881$562,978$558,190$540,755
2 years$286,165$280,836$275,670$270,662$265,805$248,395
3 years$188,882$183,529$178,377$173,416$168,637$151,798
4 years$140,249$134,913$129,813$124,936$120,274$104,134
5 years$111,078$105,774$100,740$95,963$91,430$76,034
6 years$91,636$86,372$81,413$76,743$72,346$57,706
7 years$77,755$72,535$67,655$63,094$58,836$44,953
8 years$67,349$62,176$57,376$52,928$48,810$35,673
9 years$59,259$54,135$49,418$45,083$41,105$28,700
10 years$52,792$47,718$43,084$38,862$35,024$23,332
11 years$47,503$42,480$37,930$33,822$30,122$19,122
12 years$43,099$38,128$33,662$29,666$26,103$15,773
13 years$39,376$34,457$30,075$26,191$22,762$13,077
14 years$36,187$31,320$27,023$23,249$19,953$10,886
15 years$33,426$28,611$24,398$20,734$17,568$9,094
16 years$31,013$26,250$22,120$18,565$15,527$7,617
17 years$28,885$24,176$20,128$16,681$13,767$6,395
18 years$26,996$22,339$18,375$15,033$12,241$5,380
19 years$25,308$20,704$16,821$13,583$10,911$4,532
20 years$23,791$19,239$15,438$12,302$9,746$3,823
21 years$22,420$17,921$14,200$11,165$8,721$3,229
22 years$21,175$16,728$13,087$10,152$7,817$2,730
23 years$20,040$15,645$12,084$9,245$7,017$2,309
24 years$19,001$14,659$11,175$8,432$6,307$1,955
25 years$18,047$13,757$10,351$7,701$5,676$1,656
26 years$17,168$12,929$9,600$7,041$5,112$1,403
27 years$16,355$12,168$8,914$6,445$4,609$1,190
28 years$15,601$11,466$8,287$5,905$4,159$1,009
29 years$14,901$10,816$7,712$5,415$3,756$856
30 years$14,249$10,215$7,183$4,970$3,393$726
31 years$13,640$9,657$6,697$4,564$3,068$616
32 years$13,070$9,137$6,248$4,195$2,775$523
33 years$12,536$8,653$5,834$3,857$2,512$444
34 years$12,034$8,201$5,451$3,549$2,274$377
35 years$11,562$7,779$5,096$3,267$2,060$320
36 years$11,118$7,383$4,767$3,009$1,866$272
37 years$10,698$7,012$4,462$2,772$1,691$231
38 years$10,301$6,664$4,179$2,555$1,533$196
39 years$9,926$6,337$3,915$2,356$1,390$167
40 years$9,570$6,029$3,669$2,173$1,261$141
41 years$9,233$5,739$3,441$2,005$1,144$120
42 years$8,912$5,466$3,228$1,850$1,038$102
43 years$8,607$5,208$3,029$1,708$942$87
44 years$8,317$4,964$2,843$1,577$855$74
45 years$8,041$4,734$2,669$1,457$776$63
46 years$7,777$4,516$2,507$1,345$705$53
47 years$7,525$4,309$2,355$1,243$640$45
48 years$7,285$4,114$2,213$1,149$581$38
49 years$7,055$3,928$2,080$1,062$528$33
50 years$6,834$3,753$1,956$981$480$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,000,000, adding $2,560 every year, while hoping to spend $47,422 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: 60/33/7 Blend
51$7,000,000$7,000,000$7,000,000$7,000,000
52$7,716,641$7,345,641$7,237,141$8,168,444
53$8,453,281$7,655,120$7,429,128$8,780,765
54$9,263,470$7,978,175$7,625,958$9,442,660
55$10,154,658$8,315,420$7,827,742$10,163,387
56$11,135,057$8,667,499$8,034,595$10,948,605
57$12,213,712$9,035,086$8,246,633$11,804,538
58$13,400,590$9,418,885$8,463,975$12,738,029
59$14,706,674$9,819,634$8,686,742$13,756,603
60$16,144,064$10,238,105$8,915,057$14,868,538
61$17,726,094$10,675,107$9,149,046$16,082,937
62$19,467,453$11,131,485$9,388,837$17,409,819
63$21,384,329$11,608,124$9,634,559$18,860,200
64$23,494,560$12,105,952$9,886,346$20,446,206
65$25,817,799$12,625,937$10,144,332$22,181,177
66$28,375,702$13,169,095$10,408,655$24,079,793
67$31,192,133$13,736,490$10,679,454$26,158,213
68$34,293,385$14,329,233$10,956,871$28,434,217
69$37,708,435$14,948,490$11,241,051$30,927,376
70$41,469,210$15,595,480$11,532,140$33,659,236
71$45,610,890$16,271,480$11,830,287$36,653,510
72$50,172,244$16,977,826$12,135,646$39,936,306
73$55,195,992$17,715,918$12,448,368$43,536,365
74$60,729,206$18,487,221$12,768,611$47,485,332
75$66,823,759$19,293,269$13,096,534$51,818,047
76$73,536,813$20,135,669$13,432,298$56,572,873
77$80,931,354$21,016,103$13,776,067$61,792,052
78$89,076,793$21,936,333$14,128,006$67,522,100
79$98,049,616$22,898,203$14,488,284$73,814,240
80$107,934,106$23,903,645$14,857,071$80,724,883
81$118,823,143$24,954,681$15,234,541$88,316,152
82$130,819,074$26,053,431$15,620,868$96,656,466
83$144,034,682$27,202,112$16,016,230$105,821,180
84$158,594,253$28,403,049$16,420,807$115,893,287
85$174,634,743$29,658,675$16,834,780$126,964,199
86$192,307,075$30,971,538$17,258,334$139,134,603
87$211,777,563$32,344,309$17,691,654$152,515,402
88$233,229,477$33,779,783$18,134,927$167,228,758
89$256,864,781$35,280,890$18,588,344$183,409,237
90$282,906,031$36,850,696$19,052,097$201,205,069
91$311,598,482$38,492,416$19,526,378$220,779,542
92$343,212,399$40,209,415$20,011,382$242,312,537
93$378,045,606$42,005,220$20,507,307$266,002,210
94$416,426,306$43,883,524$21,014,350$292,066,861
95$458,716,169$45,848,196$21,532,710$320,746,981
96$505,313,751$47,903,290$22,062,588$352,307,514
97$556,658,254$50,053,052$22,604,186$387,040,346
98$613,233,676$52,301,932$23,157,706$425,267,050
99$675,573,374$54,654,589$23,723,352$467,341,911
100$744,265,101$57,115,907$24,301,328$513,655,257