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%11.2%
1 years$578,053$572,904$567,881$562,978$558,190$555,371
2 years$286,165$280,836$275,670$270,662$265,805$262,960
3 years$188,882$183,529$178,377$173,416$168,637$165,854
4 years$140,249$134,913$129,813$124,936$120,274$117,574
5 years$111,078$105,774$100,740$95,963$91,430$88,822
6 years$91,636$86,372$81,413$76,743$72,346$69,832
7 years$77,755$72,535$67,655$63,094$58,836$56,419
8 years$67,349$62,176$57,376$52,928$48,810$46,490
9 years$59,259$54,135$49,418$45,083$41,105$38,880
10 years$52,792$47,718$43,084$38,862$35,024$32,893
11 years$47,503$42,480$37,930$33,822$30,122$28,085
12 years$43,099$38,128$33,662$29,666$26,103$24,157
13 years$39,376$34,457$30,075$26,191$22,762$20,906
14 years$36,187$31,320$27,023$23,249$19,953$18,185
15 years$33,426$28,611$24,398$20,734$17,568$15,886
16 years$31,013$26,250$22,120$18,565$15,527$13,928
17 years$28,885$24,176$20,128$16,681$13,767$12,249
18 years$26,996$22,339$18,375$15,033$12,241$10,801
19 years$25,308$20,704$16,821$13,583$10,911$9,546
20 years$23,791$19,239$15,438$12,302$9,746$8,454
21 years$22,420$17,921$14,200$11,165$8,721$7,500
22 years$21,175$16,728$13,087$10,152$7,817$6,663
23 years$20,040$15,645$12,084$9,245$7,017$5,928
24 years$19,001$14,659$11,175$8,432$6,307$5,280
25 years$18,047$13,757$10,351$7,701$5,676$4,708
26 years$17,168$12,929$9,600$7,041$5,112$4,202
27 years$16,355$12,168$8,914$6,445$4,609$3,753
28 years$15,601$11,466$8,287$5,905$4,159$3,355
29 years$14,901$10,816$7,712$5,415$3,756$3,001
30 years$14,249$10,215$7,183$4,970$3,393$2,685
31 years$13,640$9,657$6,697$4,564$3,068$2,404
32 years$13,070$9,137$6,248$4,195$2,775$2,154
33 years$12,536$8,653$5,834$3,857$2,512$1,930
34 years$12,034$8,201$5,451$3,549$2,274$1,730
35 years$11,562$7,779$5,096$3,267$2,060$1,552
36 years$11,118$7,383$4,767$3,009$1,866$1,392
37 years$10,698$7,012$4,462$2,772$1,691$1,249
38 years$10,301$6,664$4,179$2,555$1,533$1,121
39 years$9,926$6,337$3,915$2,356$1,390$1,006
40 years$9,570$6,029$3,669$2,173$1,261$903
41 years$9,233$5,739$3,441$2,005$1,144$811
42 years$8,912$5,466$3,228$1,850$1,038$729
43 years$8,607$5,208$3,029$1,708$942$654
44 years$8,317$4,964$2,843$1,577$855$588
45 years$8,041$4,734$2,669$1,457$776$528
46 years$7,777$4,516$2,507$1,345$705$475
47 years$7,525$4,309$2,355$1,243$640$426
48 years$7,285$4,114$2,213$1,149$581$383
49 years$7,055$3,928$2,080$1,062$528$344
50 years$6,834$3,753$1,956$981$480$310

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 $3,523 every year, while hoping to spend $35,937 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: 38/47/15 Blend
51$7,000,000$7,000,000$7,000,000$7,000,000
52$7,717,634$7,346,634$7,238,134$7,975,796
53$8,466,596$7,668,382$7,442,375$8,482,523
54$9,290,748$8,004,692$7,652,253$9,026,073
55$10,197,720$8,356,238$7,867,920$9,612,716
56$11,195,923$8,723,729$8,089,530$10,246,348
57$12,294,620$9,107,905$8,317,243$10,931,238
58$13,504,021$9,509,541$8,551,220$11,672,069
59$14,835,374$9,929,452$8,791,629$12,473,978
60$16,301,074$10,368,487$9,038,640$13,342,603
61$17,914,779$10,827,539$9,292,431$14,284,128
62$19,691,539$11,307,540$9,553,179$15,305,344
63$21,647,936$11,809,470$9,821,070$16,413,708
64$23,802,242$12,334,351$10,096,294$17,617,404
65$26,174,594$12,883,258$10,379,043$18,925,423
66$28,787,179$13,457,313$10,669,516$20,347,643
67$31,664,444$14,057,694$10,967,918$21,894,913
68$34,833,331$14,685,635$11,274,457$23,579,155
69$38,323,527$15,342,427$11,589,348$25,413,472
70$42,167,744$16,029,424$11,912,808$27,412,263
71$46,402,031$16,748,042$12,245,064$29,591,358
72$51,066,110$17,499,769$12,586,346$31,968,159
73$56,203,754$18,286,158$12,936,889$34,561,800
74$61,863,198$19,108,841$13,296,936$37,393,322
75$68,097,595$19,969,525$13,666,735$40,485,864
76$74,965,518$20,870,000$14,046,538$43,864,875
77$82,531,511$21,812,140$14,436,607$47,558,348
78$90,866,700$22,797,909$14,837,208$51,597,078
79$100,049,462$23,829,366$15,248,614$56,014,944
80$110,166,169$24,908,667$15,671,104$60,849,220
81$121,311,997$26,038,070$16,104,965$66,140,922
82$133,591,830$27,219,944$16,550,490$71,935,183
83$147,121,244$28,456,769$17,007,979$78,281,673
84$162,027,605$29,751,145$17,477,740$85,235,055
85$178,451,264$31,105,795$17,960,089$92,855,496
86$196,546,887$32,523,573$18,455,346$101,209,221
87$216,484,912$34,007,471$18,963,842$110,369,128
88$238,453,159$35,560,622$19,485,916$120,415,467
89$262,658,600$37,186,311$20,021,913$131,436,582
90$289,329,317$38,887,981$20,572,188$143,529,738
91$318,716,653$40,669,237$21,137,102$156,802,021
92$351,097,584$42,533,862$21,717,026$171,371,340
93$386,777,332$44,485,816$22,312,341$187,367,521
94$426,092,250$46,529,251$22,923,435$204,933,524
95$469,412,993$48,668,518$23,550,704$224,226,771
96$517,148,022$50,908,179$24,194,556$245,420,621
97$569,747,453$53,253,013$24,855,407$268,705,986
98$627,707,312$55,708,028$25,533,681$294,293,117
99$691,574,213$58,278,477$26,229,815$322,413,572
100$761,950,522$60,969,862$26,944,253$353,322,379