Can I retire at age 52 with 7,100,000?

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 $7,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$586,311$581,089$575,993$571,020$566,164$548,041
2 years$290,253$284,847$279,608$274,529$269,602$251,510
3 years$191,580$186,151$180,925$175,893$171,047$153,554
4 years$142,253$136,841$131,667$126,721$121,992$105,233
5 years$112,665$107,285$102,179$97,334$92,736$76,755
6 years$92,945$87,606$82,576$77,839$73,379$58,190
7 years$78,866$73,571$68,621$63,996$59,677$45,277
8 years$68,311$63,064$58,196$53,684$49,508$35,888
9 years$60,106$54,909$50,124$45,727$41,693$28,838
10 years$53,546$48,399$43,699$39,417$35,524$23,415
11 years$48,182$43,087$38,472$34,305$30,552$19,165
12 years$43,715$38,673$34,143$30,090$26,476$15,787
13 years$39,939$34,949$30,505$26,565$23,087$13,071
14 years$36,704$31,768$27,409$23,581$20,238$10,867
15 years$33,904$29,020$24,746$21,030$17,819$9,064
16 years$31,456$26,625$22,436$18,830$15,749$7,582
17 years$29,298$24,521$20,416$16,919$13,964$6,356
18 years$27,382$22,659$18,637$15,247$12,416$5,339
19 years$25,670$21,000$17,061$13,777$11,067$4,491
20 years$24,131$19,514$15,658$12,478$9,885$3,783
21 years$22,740$18,177$14,402$11,325$8,846$3,190
22 years$21,477$16,967$13,274$10,297$7,929$2,692
23 years$20,326$15,869$12,256$9,377$7,118$2,274
24 years$19,273$14,868$11,335$8,553$6,398$1,922
25 years$18,305$13,953$10,498$7,811$5,757$1,625
26 years$17,413$13,114$9,737$7,142$5,186$1,375
27 years$16,589$12,341$9,041$6,537$4,675$1,164
28 years$15,824$11,629$8,405$5,989$4,218$985
29 years$15,114$10,971$7,822$5,492$3,809$835
30 years$14,453$10,361$7,286$5,041$3,442$707
31 years$13,835$9,794$6,792$4,629$3,112$599
32 years$13,257$9,268$6,337$4,255$2,815$508
33 years$12,715$8,777$5,917$3,912$2,547$430
34 years$12,206$8,318$5,529$3,600$2,306$365
35 years$11,728$7,890$5,169$3,314$2,089$309
36 years$11,276$7,488$4,835$3,052$1,893$262
37 years$10,851$7,112$4,526$2,812$1,715$222
38 years$10,448$6,759$4,238$2,592$1,555$188
39 years$10,068$6,427$3,971$2,390$1,410$160
40 years$9,707$6,115$3,722$2,204$1,279$135
41 years$9,364$5,821$3,490$2,034$1,161$115
42 years$9,039$5,544$3,274$1,877$1,053$97
43 years$8,730$5,282$3,072$1,733$956$83
44 years$8,436$5,035$2,883$1,600$867$70
45 years$8,155$4,801$2,707$1,477$788$59
46 years$7,888$4,580$2,543$1,365$715$50
47 years$7,633$4,371$2,389$1,261$649$43
48 years$7,389$4,173$2,245$1,165$590$36
49 years$7,155$3,985$2,110$1,077$536$31
50 years$6,932$3,806$1,984$995$486$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,100,000, adding $6,745 every year, while hoping to spend $47,656 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: 44/45/11 Blend
51$7,100,000$7,100,000$7,100,000$7,100,000
52$7,831,157$7,454,857$7,344,807$8,150,740
53$8,579,230$7,769,440$7,540,153$8,688,244
54$9,402,009$8,097,840$7,740,445$9,265,097
55$10,307,063$8,440,683$7,945,800$9,889,241
56$11,302,734$8,798,627$8,156,334$10,565,044
57$12,398,210$9,172,357$8,372,169$11,297,298
58$13,603,616$9,562,591$8,593,425$12,091,267
59$14,930,109$9,970,082$8,820,229$12,952,729
60$16,389,980$10,395,616$9,052,707$13,888,030
61$17,996,773$10,840,017$9,290,988$14,904,140
62$19,765,413$11,304,146$9,535,204$16,008,719
63$21,712,342$11,788,906$9,785,491$17,210,180
64$23,855,680$12,295,242$10,041,983$18,517,770
65$26,215,391$12,824,141$10,304,822$19,941,653
66$28,813,476$13,376,639$10,574,149$21,493,001
67$31,674,175$13,953,819$10,850,107$23,184,096
68$34,824,200$14,556,815$11,132,845$25,028,442
69$38,292,984$15,186,814$11,422,511$27,040,887
70$42,112,961$15,845,060$11,719,257$29,237,763
71$46,319,869$16,532,854$12,023,238$31,637,031
72$50,953,090$17,251,559$12,334,611$34,258,447
73$56,056,020$18,002,601$12,653,536$37,123,746
74$61,676,480$18,787,474$12,980,175$40,256,837
75$67,867,163$19,607,742$13,314,693$43,684,029
76$74,686,135$20,465,043$13,657,257$47,434,269
77$82,197,383$21,361,093$14,008,038$51,539,412
78$90,471,417$22,297,686$14,367,207$56,034,514
79$99,585,933$23,276,705$14,734,940$60,958,157
80$109,626,553$24,300,118$15,111,415$66,352,807
81$120,687,626$25,369,988$15,496,812$72,265,207
82$132,873,122$26,488,476$15,891,314$78,746,810
83$146,297,612$27,657,843$16,295,105$85,854,259
84$161,087,351$28,880,459$16,708,373$93,649,912
85$177,381,465$30,158,806$17,131,308$102,202,422
86$195,333,270$31,495,484$17,564,102$111,587,378
87$215,111,714$32,893,213$18,006,950$121,888,007
88$236,902,975$34,354,846$18,460,049$133,195,952
89$260,912,215$35,883,371$18,923,597$145,612,125
90$287,365,520$37,481,914$19,397,797$159,247,650
91$316,512,029$39,153,755$19,882,849$174,224,900
92$348,626,293$40,902,325$20,378,961$190,678,644
93$384,010,857$42,731,222$20,886,339$208,757,301
94$422,999,125$44,644,211$21,405,191$228,624,335
95$465,958,499$46,645,241$21,935,729$250,459,779
96$513,293,853$48,738,446$22,478,163$274,461,924
97$565,451,353$50,928,156$23,032,708$300,849,177
98$622,922,666$53,218,910$23,599,579$329,862,104
99$686,249,603$55,615,463$24,178,990$361,765,688
100$756,029,237$58,122,794$24,771,160$396,851,813