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%16%
1 years$578,053$572,904$567,881$562,978$558,190$544,475
2 years$286,165$280,836$275,670$270,662$265,805$252,072
3 years$188,882$183,529$178,377$173,416$168,637$155,316
4 years$140,249$134,913$129,813$124,936$120,274$107,466
5 years$111,078$105,774$100,740$95,963$91,430$79,172
6 years$91,636$86,372$81,413$76,743$72,346$60,649
7 years$77,755$72,535$67,655$63,094$58,836$47,703
8 years$67,349$62,176$57,376$52,928$48,810$38,235
9 years$59,259$54,135$49,418$45,083$41,105$31,080
10 years$52,792$47,718$43,084$38,862$35,024$25,536
11 years$47,503$42,480$37,930$33,822$30,122$21,159
12 years$43,099$38,128$33,662$29,666$26,103$17,649
13 years$39,376$34,457$30,075$26,191$22,762$14,801
14 years$36,187$31,320$27,023$23,249$19,953$12,467
15 years$33,426$28,611$24,398$20,734$17,568$10,540
16 years$31,013$26,250$22,120$18,565$15,527$8,937
17 years$28,885$24,176$20,128$16,681$13,767$7,597
18 years$26,996$22,339$18,375$15,033$12,241$6,471
19 years$25,308$20,704$16,821$13,583$10,911$5,522
20 years$23,791$19,239$15,438$12,302$9,746$4,719
21 years$22,420$17,921$14,200$11,165$8,721$4,038
22 years$21,175$16,728$13,087$10,152$7,817$3,459
23 years$20,040$15,645$12,084$9,245$7,017$2,966
24 years$19,001$14,659$11,175$8,432$6,307$2,545
25 years$18,047$13,757$10,351$7,701$5,676$2,185
26 years$17,168$12,929$9,600$7,041$5,112$1,877
27 years$16,355$12,168$8,914$6,445$4,609$1,613
28 years$15,601$11,466$8,287$5,905$4,159$1,387
29 years$14,901$10,816$7,712$5,415$3,756$1,193
30 years$14,249$10,215$7,183$4,970$3,393$1,027
31 years$13,640$9,657$6,697$4,564$3,068$884
32 years$13,070$9,137$6,248$4,195$2,775$761
33 years$12,536$8,653$5,834$3,857$2,512$655
34 years$12,034$8,201$5,451$3,549$2,274$564
35 years$11,562$7,779$5,096$3,267$2,060$486
36 years$11,118$7,383$4,767$3,009$1,866$418
37 years$10,698$7,012$4,462$2,772$1,691$361
38 years$10,301$6,664$4,179$2,555$1,533$311
39 years$9,926$6,337$3,915$2,356$1,390$268
40 years$9,570$6,029$3,669$2,173$1,261$231
41 years$9,233$5,739$3,441$2,005$1,144$199
42 years$8,912$5,466$3,228$1,850$1,038$171
43 years$8,607$5,208$3,029$1,708$942$148
44 years$8,317$4,964$2,843$1,577$855$127
45 years$8,041$4,734$2,669$1,457$776$110
46 years$7,777$4,516$2,507$1,345$705$95
47 years$7,525$4,309$2,355$1,243$640$81
48 years$7,285$4,114$2,213$1,149$581$70
49 years$7,055$3,928$2,080$1,062$528$61
50 years$6,834$3,753$1,956$981$480$52

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 $2,628 every year, while hoping to spend $57,024 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: 39/50/11 Blend
51$7,000,000$7,000,000$7,000,000$7,000,000
52$7,716,711$7,345,711$7,237,211$7,991,891
53$8,443,142$7,644,978$7,418,984$8,486,035
54$9,241,758$7,956,997$7,604,936$9,014,189
55$10,119,862$8,282,334$7,795,146$9,583,977
56$11,085,499$8,621,579$7,989,694$10,199,178
57$12,147,533$8,975,350$8,188,662$10,863,934
58$13,315,731$9,344,292$8,392,131$11,582,791
59$14,600,853$9,729,080$8,600,186$12,360,736
60$16,014,756$10,130,421$8,812,908$13,203,246
61$17,570,502$10,549,052$9,030,381$14,116,332
62$19,282,485$10,985,748$9,252,691$15,106,595
63$21,166,564$11,441,314$9,479,921$16,181,283
64$23,240,212$11,916,598$9,712,157$17,348,361
65$25,522,685$12,412,482$9,949,485$18,616,576
66$28,035,196$12,929,891$10,191,991$19,995,543
67$30,801,124$13,469,794$10,439,760$21,495,824
68$33,846,226$14,033,201$10,692,879$23,129,031
69$37,198,885$14,621,171$10,951,435$24,907,928
70$40,890,376$15,234,814$11,215,513$26,846,547
71$44,955,161$15,875,286$11,485,199$28,960,318
72$49,431,214$16,543,802$11,760,580$31,266,206
73$54,360,379$17,241,629$12,041,741$33,782,871
74$59,788,765$17,970,097$12,328,766$36,530,836
75$65,767,181$18,730,593$12,621,742$39,532,676
76$72,351,614$19,524,573$12,920,751$42,813,226
77$79,603,759$20,353,558$13,225,876$46,399,809
78$87,591,600$21,219,139$13,537,201$50,322,487
79$96,390,050$22,122,984$13,854,804$54,614,340
80$106,081,662$23,066,837$14,178,767$59,311,773
81$116,757,403$24,052,523$14,509,167$64,454,847
82$128,517,515$25,081,954$14,846,080$70,087,655
83$141,472,460$26,157,128$15,189,583$76,258,731
84$155,743,963$27,280,140$15,539,746$83,021,495
85$171,466,161$28,453,181$15,896,642$90,434,755
86$188,786,868$29,678,544$16,260,337$98,563,248
87$207,868,968$30,958,632$16,630,898$107,478,248
88$228,891,956$32,295,959$17,008,386$117,258,223
89$252,053,630$33,693,155$17,392,861$127,989,571
90$277,571,957$35,152,977$17,784,380$139,767,420
91$305,687,133$36,678,309$18,182,993$152,696,523
92$336,663,846$38,272,172$18,588,748$166,892,226
93$370,793,778$39,937,728$19,001,691$182,481,553
94$408,398,354$41,678,288$19,421,859$199,604,387
95$449,831,782$43,497,319$19,849,286$218,414,783
96$495,484,387$45,398,451$20,284,001$239,082,402
97$545,786,306$47,385,487$20,726,027$261,794,106
98$601,211,540$49,462,407$21,175,380$286,755,701
99$662,282,432$51,633,379$21,632,069$314,193,866
100$729,574,594$53,902,769$22,096,098$344,358,281