Can I retire at age 52 with 7,300,000?

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 $7,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$602,827$597,458$592,219$587,105$582,112$578,929
2 years$298,429$292,871$287,485$282,262$277,196$273,984
3 years$196,977$191,395$186,022$180,848$175,865$172,723
4 years$146,260$140,695$135,376$130,291$125,428$122,382
5 years$115,838$110,307$105,057$100,076$95,349$92,406
6 years$95,564$90,074$84,902$80,031$75,446$72,611
7 years$81,087$75,644$70,554$65,798$61,358$58,632
8 years$70,235$64,841$59,835$55,197$50,902$48,285
9 years$61,799$56,456$51,536$47,015$42,867$40,359
10 years$55,054$49,763$44,930$40,528$36,525$34,124
11 years$49,539$44,301$39,556$35,271$31,413$29,117
12 years$44,947$39,762$35,105$30,938$27,221$25,030
13 years$41,064$35,933$31,364$27,313$23,738$21,648
14 years$37,738$32,662$28,181$24,246$20,808$18,818
15 years$34,859$29,838$25,443$21,623$18,321$16,428
16 years$32,342$27,376$23,068$19,361$16,192$14,393
17 years$30,123$25,212$20,991$17,396$14,357$12,649
18 years$28,153$23,297$19,162$15,677$12,766$11,146
19 years$26,393$21,591$17,542$14,165$11,378$9,844
20 years$24,810$20,064$16,099$12,830$10,163$8,712
21 years$23,381$18,689$14,808$11,644$9,095$7,723
22 years$22,082$17,445$13,648$10,587$8,153$6,856
23 years$20,899$16,316$12,602$9,642$7,318$6,095
24 years$19,816$15,287$11,654$8,794$6,578$5,425
25 years$18,821$14,346$10,794$8,031$5,919$4,834
26 years$17,904$13,483$10,011$7,343$5,332$4,311
27 years$17,056$12,689$9,296$6,721$4,807$3,847
28 years$16,270$11,957$8,642$6,158$4,337$3,436
29 years$15,540$11,280$8,042$5,647$3,916$3,071
30 years$14,860$10,653$7,491$5,183$3,539$2,746
31 years$14,225$10,070$6,984$4,760$3,199$2,457
32 years$13,630$9,529$6,516$4,374$2,894$2,199
33 years$13,073$9,024$6,084$4,023$2,619$1,969
34 years$12,550$8,552$5,684$3,701$2,371$1,764
35 years$12,058$8,112$5,314$3,407$2,148$1,580
36 years$11,594$7,699$4,972$3,138$1,946$1,416
37 years$11,156$7,313$4,653$2,891$1,764$1,270
38 years$10,743$6,950$4,358$2,665$1,599$1,139
39 years$10,351$6,608$4,083$2,457$1,450$1,021
40 years$9,980$6,287$3,827$2,266$1,315$916
41 years$9,628$5,985$3,588$2,091$1,193$822
42 years$9,294$5,700$3,366$1,930$1,083$738
43 years$8,976$5,431$3,158$1,781$983$662
44 years$8,673$5,177$2,965$1,645$892$594
45 years$8,385$4,936$2,784$1,519$810$533
46 years$8,110$4,709$2,615$1,403$735$479
47 years$7,848$4,494$2,456$1,296$668$430
48 years$7,597$4,290$2,308$1,198$606$386
49 years$7,357$4,097$2,170$1,107$551$347
50 years$7,127$3,913$2,040$1,023$500$311

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,300,000, adding $6,382 every year, while hoping to spend $33,124 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: 36/35/29 Blend
51$7,300,000$7,300,000$7,300,000$7,300,000
52$8,051,183$7,664,283$7,551,133$8,270,776
53$8,837,160$8,004,589$7,768,852$8,775,446
54$9,702,196$8,360,460$7,992,755$9,316,458
55$10,654,322$8,732,624$8,223,013$9,899,910
56$11,702,382$9,121,842$8,459,804$10,529,643
57$12,856,126$9,528,914$8,703,309$11,209,872
58$14,126,296$9,954,675$8,953,714$11,945,222
59$15,524,726$10,400,002$9,211,212$12,740,768
60$17,064,459$10,865,813$9,475,998$13,602,079
61$18,759,866$11,353,070$9,748,276$14,535,270
62$20,626,781$11,862,779$10,028,252$15,547,056
63$22,682,653$12,395,996$10,316,139$16,644,810
64$24,946,711$12,953,827$10,612,157$17,836,632
65$27,440,142$13,537,431$10,916,530$19,131,420
66$30,186,291$14,148,020$11,229,489$20,538,951
67$33,210,886$14,786,866$11,551,270$22,069,969
68$36,542,276$15,455,302$11,882,118$23,736,283
69$40,211,701$16,154,724$12,222,281$25,550,874
70$44,253,582$16,886,594$12,572,016$27,528,013
71$48,705,855$17,652,445$12,931,586$29,683,389
72$53,610,320$18,453,882$13,301,261$32,034,256
73$59,013,039$19,292,588$13,681,319$34,599,590
74$64,964,771$20,170,327$14,072,046$37,400,261
75$71,521,450$21,088,945$14,473,731$40,459,224
76$78,744,714$22,050,380$14,886,678$43,801,734
77$86,702,485$23,056,659$15,311,192$47,455,573
78$95,469,612$24,109,908$15,747,590$51,451,312
79$105,128,575$25,212,357$16,196,197$55,822,588
80$115,770,266$26,366,339$16,657,346$60,606,415
81$127,494,845$27,574,301$17,131,379$65,843,531
82$140,412,685$28,838,807$17,618,646$71,578,769
83$154,645,415$30,162,546$18,119,507$77,861,478
84$170,327,070$31,548,333$18,634,333$84,745,976
85$187,605,349$32,999,119$19,163,501$92,292,055
86$206,643,018$34,517,999$19,707,402$100,565,542
87$227,619,440$36,108,215$20,266,434$109,638,902
88$250,732,270$37,773,165$20,841,006$119,591,921
89$276,199,321$39,516,410$21,431,540$130,512,443
90$304,260,622$41,341,684$22,038,466$142,497,192
91$335,180,677$43,252,898$22,662,227$155,652,671
92$369,250,970$45,254,154$23,303,275$170,096,160
93$406,792,712$47,349,751$23,962,078$185,956,808
94$448,159,873$49,544,193$24,639,112$203,376,839
95$493,742,525$51,842,204$25,334,868$222,512,884
96$543,970,524$54,248,732$26,049,847$243,537,442
97$599,317,565$56,768,969$26,784,565$266,640,499
98$660,305,660$59,408,351$27,539,550$292,031,302
99$727,510,057$62,172,580$28,315,346$319,940,320
100$801,564,680$65,067,633$29,112,506$350,621,403