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

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 $7,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$594,569$589,273$584,106$579,063$574,138$557,099
2 years$294,341$288,859$283,547$278,396$273,399$256,373
3 years$194,278$188,773$183,473$178,371$173,456$156,977
4 years$144,257$138,768$133,522$128,506$123,710$107,904
5 years$114,251$108,796$103,618$98,705$94,042$78,953
6 years$94,255$88,840$83,739$78,935$74,413$60,053
7 years$79,977$74,608$69,587$64,897$60,517$46,887
8 years$69,273$63,953$59,016$54,440$50,205$37,296
9 years$60,953$55,682$50,830$46,371$42,280$30,079
10 years$54,300$49,081$44,315$39,972$36,025$24,514
11 years$48,860$43,694$39,014$34,788$30,982$20,143
12 years$44,331$39,217$34,624$30,514$26,849$16,659
13 years$40,501$35,441$30,934$26,939$23,413$13,849
14 years$37,221$32,215$27,795$23,913$20,523$11,561
15 years$34,381$29,429$25,095$21,327$18,070$9,685
16 years$31,899$27,000$22,752$19,096$15,971$8,136
17 years$29,711$24,866$20,704$17,157$14,161$6,851
18 years$27,768$22,978$18,900$15,462$12,591$5,780
19 years$26,031$21,296$17,302$13,971$11,223$4,884
20 years$24,471$19,789$15,879$12,654$10,024$4,133
21 years$23,060$18,433$14,605$11,484$8,971$3,501
22 years$21,780$17,206$13,461$10,442$8,041$2,969
23 years$20,613$16,092$12,429$9,509$7,218$2,520
24 years$19,544$15,078$11,495$8,673$6,488$2,140
25 years$18,563$14,150$10,646$7,921$5,838$1,818
26 years$17,658$13,298$9,874$7,242$5,259$1,546
27 years$16,822$12,515$9,169$6,629$4,741$1,315
28 years$16,047$11,793$8,524$6,074$4,278$1,119
29 years$15,327$11,125$7,932$5,570$3,863$952
30 years$14,656$10,507$7,388$5,112$3,490$810
31 years$14,030$9,932$6,888$4,695$3,156$690
32 years$13,444$9,398$6,427$4,314$2,854$588
33 years$12,894$8,900$6,000$3,968$2,583$500
34 years$12,378$8,435$5,606$3,650$2,339$426
35 years$11,893$8,001$5,242$3,360$2,118$363
36 years$11,435$7,594$4,903$3,095$1,919$309
37 years$11,004$7,212$4,590$2,852$1,740$264
38 years$10,596$6,854$4,298$2,628$1,577$225
39 years$10,209$6,518$4,027$2,423$1,430$192
40 years$9,844$6,201$3,774$2,235$1,297$163
41 years$9,496$5,903$3,539$2,062$1,177$139
42 years$9,167$5,622$3,320$1,903$1,068$119
43 years$8,853$5,356$3,115$1,757$969$101
44 years$8,555$5,106$2,924$1,622$880$86
45 years$8,270$4,869$2,746$1,498$799$73
46 years$7,999$4,645$2,579$1,384$725$63
47 years$7,740$4,432$2,423$1,279$658$53
48 years$7,493$4,231$2,277$1,181$598$45
49 years$7,256$4,041$2,140$1,092$543$39
50 years$7,030$3,860$2,012$1,009$493$33

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 $5,440 every year, while hoping to spend $40,845 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: 80/10/10 Blend
51$7,200,000$7,200,000$7,200,000$7,200,000
52$7,940,011$7,558,411$7,446,811$8,561,915
53$8,706,434$7,885,315$7,652,821$9,297,585
54$9,549,662$8,226,867$7,864,363$10,098,790
55$10,477,488$8,583,744$8,081,579$10,976,774
56$11,498,495$8,956,651$8,304,615$11,939,194
57$12,622,143$9,346,328$8,533,621$12,994,482
58$13,858,853$9,753,550$8,768,749$14,151,922
59$15,220,109$10,179,127$9,010,155$15,421,742
60$16,718,564$10,623,908$9,257,999$16,815,200
61$18,368,161$11,088,783$9,512,445$18,344,700
62$20,184,262$11,574,682$9,773,661$20,023,899
63$22,183,796$12,082,580$10,041,817$21,867,843
64$24,385,415$12,613,498$10,317,090$23,893,101
65$26,809,674$13,168,506$10,599,660$26,117,925
66$29,479,221$13,748,724$10,889,709$28,562,418
67$32,419,013$14,355,323$11,187,426$31,248,724
68$35,656,551$14,989,532$11,493,003$34,201,237
69$39,222,138$15,652,638$11,806,637$37,446,828
70$43,149,166$16,345,987$12,128,529$41,015,098
71$47,474,432$17,070,991$12,458,886$44,938,656
72$52,238,482$17,829,128$12,797,917$49,253,425
73$57,485,998$18,621,946$13,145,838$53,998,981
74$63,266,215$19,451,067$13,502,868$59,218,923
75$69,633,388$20,318,188$13,869,234$64,961,284
76$76,647,305$21,225,090$14,245,164$71,278,983
77$84,373,847$22,173,637$14,630,894$78,230,321
78$92,885,615$23,165,781$15,026,665$85,879,534
79$102,262,611$24,203,567$15,432,721$94,297,390
80$112,592,995$25,289,139$15,849,315$103,561,863
81$123,973,915$26,424,741$16,276,701$113,758,861
82$136,512,426$27,612,726$16,715,142$124,983,038
83$150,326,500$28,855,556$17,164,907$137,338,684
84$165,546,139$30,155,814$17,626,267$150,940,709
85$182,314,601$31,516,205$18,099,502$165,915,720
86$200,789,752$32,939,561$18,584,898$182,403,221
87$221,145,560$34,428,852$19,082,745$200,556,922
88$243,573,730$35,987,189$19,593,340$220,546,189
89$268,285,520$37,617,831$20,116,986$242,557,641
90$295,513,732$39,324,193$20,653,994$266,796,906
91$325,514,909$41,109,855$21,204,679$293,490,560
92$358,571,757$42,978,566$21,769,363$322,888,265
93$394,995,815$44,934,254$22,348,376$355,265,119
94$435,130,394$46,981,038$22,942,052$390,924,253
95$479,353,817$49,123,232$23,550,734$430,199,685
96$528,082,994$51,365,358$24,174,771$473,459,473
97$581,777,351$53,712,153$24,814,518$521,109,182
98$640,943,175$56,168,583$25,470,339$573,595,713
99$706,138,386$58,739,850$26,142,602$631,411,512
100$777,977,807$61,431,408$26,831,685$695,099,218