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%17.5%
1 years$594,569$589,273$584,106$579,063$574,138$556,651
2 years$294,341$288,859$283,547$278,396$273,399$255,932
3 years$194,278$188,773$183,473$178,371$173,456$156,555
4 years$144,257$138,768$133,522$128,506$123,710$107,506
5 years$114,251$108,796$103,618$98,705$94,042$78,579
6 years$94,255$88,840$83,739$78,935$74,413$59,703
7 years$79,977$74,608$69,587$64,897$60,517$46,561
8 years$69,273$63,953$59,016$54,440$50,205$36,993
9 years$60,953$55,682$50,830$46,371$42,280$29,798
10 years$54,300$49,081$44,315$39,972$36,025$24,255
11 years$48,860$43,694$39,014$34,788$30,982$19,904
12 years$44,331$39,217$34,624$30,514$26,849$16,440
13 years$40,501$35,441$30,934$26,939$23,413$13,648
14 years$37,221$32,215$27,795$23,913$20,523$11,378
15 years$34,381$29,429$25,095$21,327$18,070$9,518
16 years$31,899$27,000$22,752$19,096$15,971$7,984
17 years$29,711$24,866$20,704$17,157$14,161$6,713
18 years$27,768$22,978$18,900$15,462$12,591$5,655
19 years$26,031$21,296$17,302$13,971$11,223$4,772
20 years$24,471$19,789$15,879$12,654$10,024$4,032
21 years$23,060$18,433$14,605$11,484$8,971$3,410
22 years$21,780$17,206$13,461$10,442$8,041$2,887
23 years$20,613$16,092$12,429$9,509$7,218$2,446
24 years$19,544$15,078$11,495$8,673$6,488$2,074
25 years$18,563$14,150$10,646$7,921$5,838$1,760
26 years$17,658$13,298$9,874$7,242$5,259$1,494
27 years$16,822$12,515$9,169$6,629$4,741$1,268
28 years$16,047$11,793$8,524$6,074$4,278$1,077
29 years$15,327$11,125$7,932$5,570$3,863$915
30 years$14,656$10,507$7,388$5,112$3,490$778
31 years$14,030$9,932$6,888$4,695$3,156$661
32 years$13,444$9,398$6,427$4,314$2,854$562
33 years$12,894$8,900$6,000$3,968$2,583$478
34 years$12,378$8,435$5,606$3,650$2,339$407
35 years$11,893$8,001$5,242$3,360$2,118$346
36 years$11,435$7,594$4,903$3,095$1,919$294
37 years$11,004$7,212$4,590$2,852$1,740$250
38 years$10,596$6,854$4,298$2,628$1,577$213
39 years$10,209$6,518$4,027$2,423$1,430$181
40 years$9,844$6,201$3,774$2,235$1,297$154
41 years$9,496$5,903$3,539$2,062$1,177$131
42 years$9,167$5,622$3,320$1,903$1,068$112
43 years$8,853$5,356$3,115$1,757$969$95
44 years$8,555$5,106$2,924$1,622$880$81
45 years$8,270$4,869$2,746$1,498$799$69
46 years$7,999$4,645$2,579$1,384$725$58
47 years$7,740$4,432$2,423$1,279$658$50
48 years$7,493$4,231$2,277$1,181$598$42
49 years$7,256$4,041$2,140$1,092$543$36
50 years$7,030$3,860$2,012$1,009$493$31

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 $6,345 every year, while hoping to spend $32,815 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: 76/19/5 Blend
51$7,200,000$7,200,000$7,200,000$7,200,000
52$7,940,945$7,559,345$7,447,745$8,541,636
53$8,716,006$7,894,838$7,662,329$9,272,391
54$9,569,024$8,245,670$7,883,003$10,068,235
55$10,507,916$8,612,559$8,109,934$10,939,527
56$11,541,404$8,996,255$8,343,298$11,893,731
57$12,679,100$9,397,545$8,583,272$12,939,064
58$13,931,597$9,817,253$8,830,040$14,084,569
59$15,310,564$10,256,243$9,083,790$15,340,202
60$16,828,861$10,715,418$9,344,716$16,716,925
61$18,500,658$11,195,726$9,613,017$18,226,804
62$20,341,568$11,698,160$9,888,897$19,883,124
63$22,368,798$12,223,760$10,172,564$21,700,514
64$24,601,305$12,773,614$10,464,235$23,695,079
65$27,059,980$13,348,863$10,764,130$25,884,557
66$29,767,845$13,950,705$11,072,475$28,288,476
67$32,750,267$14,580,390$11,389,504$30,928,344
68$36,035,197$15,239,233$11,715,456$33,827,847
69$39,653,439$15,928,607$12,050,575$37,013,068
70$43,638,936$16,649,954$12,395,115$40,512,737
71$48,029,089$17,404,784$12,749,334$44,358,492
72$52,865,116$18,194,679$13,113,496$48,585,184
73$58,192,436$19,021,295$13,487,876$53,231,195
74$64,061,096$19,886,371$13,872,752$58,338,804
75$70,526,251$20,791,726$14,268,412$63,954,579
76$77,648,676$21,739,268$14,675,151$70,129,817
77$85,495,343$22,730,994$15,093,271$76,921,024
78$94,140,056$23,769,001$15,523,083$84,390,444
79$103,664,141$24,855,481$15,964,906$92,606,645
80$114,157,219$25,992,735$16,419,066$101,645,160
81$125,718,050$27,183,174$16,885,900$111,589,203
82$138,455,465$28,429,324$17,365,751$122,530,441
83$152,489,393$29,733,831$17,858,974$134,569,865
84$167,951,993$31,099,471$18,365,932$147,818,731
85$184,988,902$32,529,150$18,886,996$162,399,612
86$203,760,608$34,025,917$19,422,549$178,447,550
87$224,443,968$35,592,965$19,972,982$196,111,320
88$247,233,873$37,233,640$20,538,697$215,554,837
89$272,345,092$38,951,453$21,120,108$236,958,695
90$300,014,297$40,750,079$21,717,636$260,521,866
91$330,502,296$42,633,373$22,331,717$286,463,573
92$364,096,496$44,605,375$22,962,796$315,025,355
93$401,113,618$46,670,318$23,611,330$346,473,339
94$441,902,684$48,832,641$24,277,786$381,100,745
95$486,848,313$51,096,995$24,962,647$419,230,654
96$536,374,349$53,468,256$25,666,404$461,219,041
97$590,947,868$55,951,536$26,389,563$507,458,135
98$651,083,581$58,552,191$27,132,644$558,380,114
99$717,348,696$61,275,838$27,896,177$614,461,171
100$790,368,272$64,128,363$28,680,708$676,226,009