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

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 $7,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$586,311$581,089$575,993$571,020$566,164$556,327
2 years$290,253$284,847$279,608$274,529$269,602$259,723
3 years$191,580$186,151$180,925$175,893$171,047$161,434
4 years$142,253$136,841$131,667$126,721$121,992$112,719
5 years$112,665$107,285$102,179$97,334$92,736$83,830
6 years$92,945$87,606$82,576$77,839$73,379$64,850
7 years$78,866$73,571$68,621$63,996$59,677$51,527
8 years$68,311$63,064$58,196$53,684$49,508$41,735
9 years$60,106$54,909$50,124$45,727$41,693$34,293
10 years$53,546$48,399$43,699$39,417$35,524$28,491
11 years$48,182$43,087$38,472$34,305$30,552$23,877
12 years$43,715$38,673$34,143$30,090$26,476$20,151
13 years$39,939$34,949$30,505$26,565$23,087$17,103
14 years$36,704$31,768$27,409$23,581$20,238$14,584
15 years$33,904$29,020$24,746$21,030$17,819$12,484
16 years$31,456$26,625$22,436$18,830$15,749$10,721
17 years$29,298$24,521$20,416$16,919$13,964$9,232
18 years$27,382$22,659$18,637$15,247$12,416$7,968
19 years$25,670$21,000$17,061$13,777$11,067$6,891
20 years$24,131$19,514$15,658$12,478$9,885$5,969
21 years$22,740$18,177$14,402$11,325$8,846$5,179
22 years$21,477$16,967$13,274$10,297$7,929$4,498
23 years$20,326$15,869$12,256$9,377$7,118$3,911
24 years$19,273$14,868$11,335$8,553$6,398$3,404
25 years$18,305$13,953$10,498$7,811$5,757$2,965
26 years$17,413$13,114$9,737$7,142$5,186$2,584
27 years$16,589$12,341$9,041$6,537$4,675$2,253
28 years$15,824$11,629$8,405$5,989$4,218$1,966
29 years$15,114$10,971$7,822$5,492$3,809$1,716
30 years$14,453$10,361$7,286$5,041$3,442$1,499
31 years$13,835$9,794$6,792$4,629$3,112$1,310
32 years$13,257$9,268$6,337$4,255$2,815$1,144
33 years$12,715$8,777$5,917$3,912$2,547$1,000
34 years$12,206$8,318$5,529$3,600$2,306$874
35 years$11,728$7,890$5,169$3,314$2,089$765
36 years$11,276$7,488$4,835$3,052$1,893$669
37 years$10,851$7,112$4,526$2,812$1,715$585
38 years$10,448$6,759$4,238$2,592$1,555$512
39 years$10,068$6,427$3,971$2,390$1,410$448
40 years$9,707$6,115$3,722$2,204$1,279$392
41 years$9,364$5,821$3,490$2,034$1,161$343
42 years$9,039$5,544$3,274$1,877$1,053$300
43 years$8,730$5,282$3,072$1,733$956$263
44 years$8,436$5,035$2,883$1,600$867$230
45 years$8,155$4,801$2,707$1,477$788$201
46 years$7,888$4,580$2,543$1,365$715$176
47 years$7,633$4,371$2,389$1,261$649$154
48 years$7,389$4,173$2,245$1,165$590$135
49 years$7,155$3,985$2,110$1,077$536$118
50 years$6,932$3,806$1,984$995$486$103

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 $2,474 every year, while hoping to spend $56,582 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: 33/50/17 Blend
51$7,100,000$7,100,000$7,100,000$7,100,000
52$7,826,752$7,450,452$7,340,402$8,043,548
53$8,564,878$7,755,321$7,526,103$8,508,512
54$9,376,396$8,073,233$7,716,128$9,003,881
55$10,268,733$8,404,766$7,910,563$9,536,564
56$11,250,071$8,750,526$8,109,494$10,109,868
57$12,329,424$9,111,148$8,313,007$10,727,421
58$13,516,724$9,487,293$8,521,192$11,393,197
59$14,822,914$9,879,654$8,734,136$12,111,554
60$16,260,051$10,288,958$8,951,930$12,887,274
61$17,841,420$10,715,960$9,174,663$13,725,601
62$19,581,659$11,161,456$9,402,428$14,632,291
63$21,496,894$11,626,274$9,635,315$15,613,660
64$23,604,898$12,111,281$9,873,419$16,676,642
65$25,925,251$12,617,387$10,116,832$17,828,851
66$28,479,528$13,145,541$10,365,647$19,078,647
67$31,291,503$13,696,736$10,619,960$20,435,214
68$34,387,373$14,272,012$10,879,865$21,908,641
69$37,796,001$14,872,457$11,145,456$23,510,013
70$41,549,195$15,499,209$11,416,831$25,251,508
71$45,682,001$16,153,459$11,694,083$27,146,516
72$50,233,039$16,836,453$11,977,309$29,209,750
73$55,244,865$17,549,495$12,266,605$31,457,387
74$60,764,371$18,293,950$12,562,066$33,907,213
75$66,843,229$19,071,245$12,863,787$36,578,786
76$73,538,379$19,882,877$13,171,865$39,493,612
77$80,912,564$20,730,408$13,486,392$42,675,346
78$89,034,924$21,615,476$13,807,465$46,150,008
79$97,981,647$22,539,795$14,135,176$49,946,218
80$107,836,688$23,505,159$14,469,617$54,095,466
81$118,692,562$24,513,443$14,810,881$58,632,397
82$130,651,216$25,566,615$15,159,058$63,595,131
83$143,824,991$26,666,730$15,514,238$69,025,618
84$158,337,683$27,815,942$15,876,508$74,970,021
85$174,325,709$29,016,506$16,245,953$81,479,149
86$191,939,398$30,270,782$16,622,659$88,608,923
87$211,344,406$31,581,239$17,006,708$96,420,895
88$232,723,281$32,950,466$17,398,178$104,982,823
89$256,277,187$34,381,169$17,797,148$114,369,296
90$282,227,799$35,876,185$18,203,691$124,662,429
91$310,819,399$37,438,483$18,617,879$135,952,627
92$342,321,179$39,071,171$19,039,780$148,339,429
93$377,029,785$40,777,503$19,469,458$161,932,430
94$415,272,112$42,560,890$19,906,974$176,852,309
95$457,408,392$44,424,898$20,352,383$193,231,949
96$503,835,597$46,373,267$20,805,736$211,217,683
97$554,991,180$48,409,909$21,267,081$230,970,657
98$611,357,210$50,538,924$21,736,457$252,668,337
99$673,464,918$52,764,605$22,213,901$276,506,169
100$741,899,715$55,091,445$22,699,442$302,699,406