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

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 $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%16.5%
1 years$578,053$572,904$567,881$562,978$558,190$543,373
2 years$286,165$280,836$275,670$270,662$265,805$250,981
3 years$188,882$183,529$178,377$173,416$168,637$154,270
4 years$140,249$134,913$129,813$124,936$120,274$106,473
5 years$111,078$105,774$100,740$95,963$91,430$78,234
6 years$91,636$86,372$81,413$76,743$72,346$59,768
7 years$77,755$72,535$67,655$63,094$58,836$46,877
8 years$67,349$62,176$57,376$52,928$48,810$37,463
9 years$59,259$54,135$49,418$45,083$41,105$30,361
10 years$52,792$47,718$43,084$38,862$35,024$24,868
11 years$47,503$42,480$37,930$33,822$30,122$20,539
12 years$43,099$38,128$33,662$29,666$26,103$17,076
13 years$39,376$34,457$30,075$26,191$22,762$14,273
14 years$36,187$31,320$27,023$23,249$19,953$11,981
15 years$33,426$28,611$24,398$20,734$17,568$10,093
16 years$31,013$26,250$22,120$18,565$15,527$8,528
17 years$28,885$24,176$20,128$16,681$13,767$7,223
18 years$26,996$22,339$18,375$15,033$12,241$6,130
19 years$25,308$20,704$16,821$13,583$10,911$5,211
20 years$23,791$19,239$15,438$12,302$9,746$4,436
21 years$22,420$17,921$14,200$11,165$8,721$3,782
22 years$21,175$16,728$13,087$10,152$7,817$3,227
23 years$20,040$15,645$12,084$9,245$7,017$2,756
24 years$19,001$14,659$11,175$8,432$6,307$2,355
25 years$18,047$13,757$10,351$7,701$5,676$2,014
26 years$17,168$12,929$9,600$7,041$5,112$1,723
27 years$16,355$12,168$8,914$6,445$4,609$1,475
28 years$15,601$11,466$8,287$5,905$4,159$1,263
29 years$14,901$10,816$7,712$5,415$3,756$1,082
30 years$14,249$10,215$7,183$4,970$3,393$927
31 years$13,640$9,657$6,697$4,564$3,068$795
32 years$13,070$9,137$6,248$4,195$2,775$681
33 years$12,536$8,653$5,834$3,857$2,512$584
34 years$12,034$8,201$5,451$3,549$2,274$501
35 years$11,562$7,779$5,096$3,267$2,060$430
36 years$11,118$7,383$4,767$3,009$1,866$369
37 years$10,698$7,012$4,462$2,772$1,691$316
38 years$10,301$6,664$4,179$2,555$1,533$271
39 years$9,926$6,337$3,915$2,356$1,390$233
40 years$9,570$6,029$3,669$2,173$1,261$200
41 years$9,233$5,739$3,441$2,005$1,144$171
42 years$8,912$5,466$3,228$1,850$1,038$147
43 years$8,607$5,208$3,029$1,708$942$126
44 years$8,317$4,964$2,843$1,577$855$108
45 years$8,041$4,734$2,669$1,457$776$93
46 years$7,777$4,516$2,507$1,345$705$80
47 years$7,525$4,309$2,355$1,243$640$68
48 years$7,285$4,114$2,213$1,149$581$59
49 years$7,055$3,928$2,080$1,062$528$50
50 years$6,834$3,753$1,956$981$480$43

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 $3,458 every year, while hoping to spend $56,406 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: 78/6/16 Blend
51$7,000,000$7,000,000$7,000,000$7,000,000
52$7,717,567$7,346,567$7,238,067$8,292,678
53$8,444,743$7,646,533$7,420,527$8,972,368
54$9,244,201$7,959,307$7,607,208$9,710,271
55$10,123,253$8,285,457$7,798,194$10,518,150
56$11,089,958$8,625,577$7,993,566$11,402,981
57$12,153,191$8,980,288$8,193,408$12,372,448
58$13,322,734$9,350,240$8,397,804$13,435,012
59$14,609,363$9,736,111$8,606,841$14,599,993
60$16,024,950$10,138,613$8,820,602$15,877,657
61$17,582,579$10,558,489$9,039,176$17,279,309
62$19,296,663$10,996,516$9,262,650$18,817,403
63$21,183,085$11,453,507$9,491,110$20,505,656
64$23,259,343$11,930,313$9,724,646$22,359,179
65$25,544,721$12,427,823$9,963,347$24,394,617
66$28,060,464$12,946,968$10,207,301$26,630,306
67$30,829,984$13,488,722$10,456,598$29,086,445
68$33,879,077$14,054,104$10,711,328$31,785,286
69$37,236,167$14,644,179$10,971,582$34,751,346
70$40,932,575$15,260,063$11,237,449$38,011,630
71$45,002,813$15,902,922$11,509,019$41,595,894
72$49,484,912$16,573,977$11,786,383$45,536,919
73$54,420,777$17,274,506$12,069,631$49,870,820
74$59,856,585$18,005,845$12,358,852$54,637,388
75$65,843,220$18,769,394$12,654,137$59,880,464
76$72,436,750$19,566,617$12,955,573$65,648,351
77$79,698,964$20,399,046$13,263,249$71,994,268
78$87,697,943$21,268,284$13,577,253$78,976,854
79$96,508,713$22,176,010$13,897,671$86,660,716
80$106,213,948$23,123,980$14,224,589$95,117,044
81$116,904,748$24,114,034$14,558,091$104,424,275
82$128,681,506$25,148,094$14,898,260$114,668,834
83$141,654,845$26,228,177$15,245,177$125,945,953
84$155,946,672$27,356,390$15,598,923$138,360,561
85$171,691,320$28,534,941$15,959,575$152,028,281
86$189,036,823$29,766,141$16,327,208$167,076,513
87$208,146,305$31,052,408$16,701,897$183,645,638
88$229,199,529$32,396,277$17,083,711$201,890,344
89$252,394,583$33,800,397$17,472,717$221,981,078
90$277,949,760$35,267,545$17,868,982$244,105,661
91$306,105,608$36,800,628$18,272,566$268,471,055
92$337,127,210$38,402,688$18,683,527$295,305,313
93$371,306,678$40,076,913$19,101,918$324,859,734
94$408,965,916$41,826,638$19,527,789$357,411,232
95$450,459,653$43,655,357$19,961,184$393,264,947
96$496,178,797$45,566,729$20,402,142$432,757,124
97$546,554,120$47,564,584$20,850,700$476,258,285
98$602,060,326$49,652,935$21,306,884$524,176,725
99$663,220,531$51,835,981$21,770,717$576,962,363
100$730,611,205$54,118,124$22,242,215$635,110,987