Can I retire at age 52 with 7,200,000?

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 $7,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$594,569$589,273$584,106$579,063$574,138$564,627
2 years$294,341$288,859$283,547$278,396$273,399$263,844
3 years$194,278$188,773$183,473$178,371$173,456$164,155
4 years$144,257$138,768$133,522$128,506$123,710$114,735
5 years$114,251$108,796$103,618$98,705$94,042$85,419
6 years$94,255$88,840$83,739$78,935$74,413$66,150
7 years$79,977$74,608$69,587$64,897$60,517$52,619
8 years$69,273$63,953$59,016$54,440$50,205$42,669
9 years$60,953$55,682$50,830$46,371$42,280$35,102
10 years$54,300$49,081$44,315$39,972$36,025$29,199
11 years$48,860$43,694$39,014$34,788$30,982$24,502
12 years$44,331$39,217$34,624$30,514$26,849$20,704
13 years$40,501$35,441$30,934$26,939$23,413$17,596
14 years$37,221$32,215$27,795$23,913$20,523$15,024
15 years$34,381$29,429$25,095$21,327$18,070$12,879
16 years$31,899$27,000$22,752$19,096$15,971$11,075
17 years$29,711$24,866$20,704$17,157$14,161$9,551
18 years$27,768$22,978$18,900$15,462$12,591$8,255
19 years$26,031$21,296$17,302$13,971$11,223$7,150
20 years$24,471$19,789$15,879$12,654$10,024$6,203
21 years$23,060$18,433$14,605$11,484$8,971$5,389
22 years$21,780$17,206$13,461$10,442$8,041$4,688
23 years$20,613$16,092$12,429$9,509$7,218$4,083
24 years$19,544$15,078$11,495$8,673$6,488$3,559
25 years$18,563$14,150$10,646$7,921$5,838$3,105
26 years$17,658$13,298$9,874$7,242$5,259$2,710
27 years$16,822$12,515$9,169$6,629$4,741$2,367
28 years$16,047$11,793$8,524$6,074$4,278$2,069
29 years$15,327$11,125$7,932$5,570$3,863$1,809
30 years$14,656$10,507$7,388$5,112$3,490$1,583
31 years$14,030$9,932$6,888$4,695$3,156$1,385
32 years$13,444$9,398$6,427$4,314$2,854$1,212
33 years$12,894$8,900$6,000$3,968$2,583$1,061
34 years$12,378$8,435$5,606$3,650$2,339$929
35 years$11,893$8,001$5,242$3,360$2,118$814
36 years$11,435$7,594$4,903$3,095$1,919$713
37 years$11,004$7,212$4,590$2,852$1,740$625
38 years$10,596$6,854$4,298$2,628$1,577$548
39 years$10,209$6,518$4,027$2,423$1,430$480
40 years$9,844$6,201$3,774$2,235$1,297$421
41 years$9,496$5,903$3,539$2,062$1,177$369
42 years$9,167$5,622$3,320$1,903$1,068$323
43 years$8,853$5,356$3,115$1,757$969$283
44 years$8,555$5,106$2,924$1,622$880$249
45 years$8,270$4,869$2,746$1,498$799$218
46 years$7,999$4,645$2,579$1,384$725$191
47 years$7,740$4,432$2,423$1,279$658$168
48 years$7,493$4,231$2,277$1,181$598$147
49 years$7,256$4,041$2,140$1,092$543$129
50 years$7,030$3,860$2,012$1,009$493$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,200,000, adding $4,474 every year, while hoping to spend $35,787 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: 65/14/21 Blend
51$7,200,000$7,200,000$7,200,000$7,200,000
52$7,939,015$7,557,415$7,445,815$8,412,231
53$8,710,717$7,889,651$7,657,173$9,063,089
54$9,559,934$8,236,968$7,874,411$9,769,634
55$10,494,534$8,600,065$8,097,690$10,540,971
56$11,523,186$8,979,679$8,327,173$11,383,453
57$12,655,445$9,376,576$8,563,027$12,304,073
58$13,901,836$9,791,565$8,805,424$13,310,525
59$15,273,958$10,225,486$9,054,541$14,411,282
60$16,784,593$10,679,226$9,310,559$15,615,666
61$18,447,821$11,153,708$9,573,663$16,933,942
62$20,279,162$11,649,903$9,844,044$18,377,408
63$22,295,714$12,168,826$10,121,897$19,958,504
64$24,516,319$12,711,540$10,407,422$21,690,926
65$26,961,738$13,279,160$10,700,826$23,589,755
66$29,654,850$13,872,854$11,002,318$25,671,595
67$32,620,865$14,493,843$11,312,115$27,954,730
68$35,887,561$15,143,409$11,630,439$30,459,295
69$39,485,550$15,822,894$11,957,517$33,207,465
70$43,448,564$16,533,704$12,293,581$36,223,657
71$47,813,773$17,277,311$12,638,872$39,534,766
72$52,622,138$18,055,259$12,993,634$43,170,411
73$57,918,793$18,869,165$13,358,118$47,163,214
74$63,753,478$19,720,721$13,732,583$51,549,109
75$70,180,999$20,611,703$14,117,291$56,367,672
76$77,261,755$21,543,970$14,512,514$61,662,497
77$85,062,300$22,519,471$14,918,529$67,481,606
78$93,655,975$23,540,246$15,335,621$73,877,893
79$103,123,602$24,608,435$15,764,081$80,909,627
80$113,554,239$25,726,278$16,204,208$88,640,998
81$125,046,031$26,896,125$16,656,308$97,142,716
82$137,707,127$28,120,436$17,120,695$106,492,679
83$151,656,707$29,401,790$17,597,691$116,776,703
84$167,026,102$30,742,889$18,087,625$128,089,332
85$183,960,039$32,146,565$18,590,835$140,534,720
86$202,618,001$33,615,785$19,107,666$154,227,618
87$223,175,738$35,153,659$19,638,474$169,294,449
88$245,826,921$36,763,446$20,183,620$185,874,496
89$270,784,973$38,448,562$20,743,478$204,121,219
90$298,285,083$40,212,584$21,318,427$224,203,690
91$328,586,426$42,059,265$21,908,859$246,308,193
92$361,974,608$43,992,536$22,515,173$270,639,972
93$398,764,365$46,016,516$23,137,777$297,425,166
94$439,302,529$48,135,525$23,777,092$326,912,937
95$483,971,309$50,354,087$24,433,546$359,377,818
96$533,191,891$52,676,946$25,107,579$395,122,299
97$587,428,422$55,109,074$25,799,640$434,479,675
98$647,192,383$57,655,682$26,510,191$477,817,186
99$713,047,426$60,322,230$27,239,702$525,539,480
100$785,614,689$63,114,444$27,988,657$578,092,425