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

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 $7,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$602,827$597,458$592,219$587,105$582,112$564,383
2 years$298,429$292,871$287,485$282,262$277,196$259,486
3 years$196,977$191,395$186,022$180,848$175,865$158,730
4 years$146,260$140,695$135,376$130,291$125,428$108,999
5 years$115,838$110,307$105,057$100,076$95,349$79,670
6 years$95,564$90,074$84,902$80,031$75,446$60,532
7 years$81,087$75,644$70,554$65,798$61,358$47,208
8 years$70,235$64,841$59,835$55,197$50,902$37,507
9 years$61,799$56,456$51,536$47,015$42,867$30,212
10 years$55,054$49,763$44,930$40,528$36,525$24,592
11 years$49,539$44,301$39,556$35,271$31,413$20,181
12 years$44,947$39,762$35,105$30,938$27,221$16,668
13 years$41,064$35,933$31,364$27,313$23,738$13,838
14 years$37,738$32,662$28,181$24,246$20,808$11,536
15 years$34,859$29,838$25,443$21,623$18,321$9,650
16 years$32,342$27,376$23,068$19,361$16,192$8,095
17 years$30,123$25,212$20,991$17,396$14,357$6,806
18 years$28,153$23,297$19,162$15,677$12,766$5,734
19 years$26,393$21,591$17,542$14,165$11,378$4,838
20 years$24,810$20,064$16,099$12,830$10,163$4,088
21 years$23,381$18,689$14,808$11,644$9,095$3,457
22 years$22,082$17,445$13,648$10,587$8,153$2,927
23 years$20,899$16,316$12,602$9,642$7,318$2,480
24 years$19,816$15,287$11,654$8,794$6,578$2,103
25 years$18,821$14,346$10,794$8,031$5,919$1,784
26 years$17,904$13,483$10,011$7,343$5,332$1,514
27 years$17,056$12,689$9,296$6,721$4,807$1,286
28 years$16,270$11,957$8,642$6,158$4,337$1,092
29 years$15,540$11,280$8,042$5,647$3,916$928
30 years$14,860$10,653$7,491$5,183$3,539$789
31 years$14,225$10,070$6,984$4,760$3,199$670
32 years$13,630$9,529$6,516$4,374$2,894$570
33 years$13,073$9,024$6,084$4,023$2,619$485
34 years$12,550$8,552$5,684$3,701$2,371$412
35 years$12,058$8,112$5,314$3,407$2,148$351
36 years$11,594$7,699$4,972$3,138$1,946$298
37 years$11,156$7,313$4,653$2,891$1,764$254
38 years$10,743$6,950$4,358$2,665$1,599$216
39 years$10,351$6,608$4,083$2,457$1,450$184
40 years$9,980$6,287$3,827$2,266$1,315$156
41 years$9,628$5,985$3,588$2,091$1,193$133
42 years$9,294$5,700$3,366$1,930$1,083$113
43 years$8,976$5,431$3,158$1,781$983$96
44 years$8,673$5,177$2,965$1,645$892$82
45 years$8,385$4,936$2,784$1,519$810$70
46 years$8,110$4,709$2,615$1,403$735$59
47 years$7,848$4,494$2,456$1,296$668$50
48 years$7,597$4,290$2,308$1,198$606$43
49 years$7,357$4,097$2,170$1,107$551$37
50 years$7,127$3,913$2,040$1,023$500$31

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 $6,966 every year, while hoping to spend $23,595 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: 31/43/26 Blend
51$7,300,000$7,300,000$7,300,000$7,300,000
52$8,051,785$7,664,885$7,551,735$8,236,836
53$8,847,963$8,015,360$7,779,614$8,730,131
54$9,724,559$8,382,217$8,014,335$9,258,192
55$10,689,753$8,766,234$8,256,104$9,826,156
56$11,752,555$9,168,227$8,505,130$10,437,525
57$12,922,895$9,589,049$8,761,632$11,096,135
58$14,211,714$10,029,596$9,025,830$11,806,187
59$15,631,069$10,490,807$9,297,956$12,572,285
60$17,194,246$10,973,665$9,578,246$13,399,475
61$18,915,885$11,479,200$9,866,942$14,293,289
62$20,812,117$12,008,493$10,164,297$15,259,792
63$22,900,719$12,562,675$10,470,567$16,305,638
64$25,201,281$13,142,935$10,786,020$17,438,125
65$27,735,388$13,750,514$11,110,927$18,665,261
66$30,526,826$14,386,718$11,445,572$19,995,838
67$33,601,807$15,052,912$11,790,243$21,439,502
68$36,989,215$15,750,529$12,145,241$23,006,849
69$40,720,880$16,481,070$12,510,871$24,709,511
70$44,831,876$17,246,108$12,887,452$26,560,266
71$49,360,854$18,047,294$13,275,307$28,573,150
72$54,350,405$18,886,356$13,674,774$30,763,581
73$59,847,465$19,765,106$14,086,198$33,148,506
74$65,903,755$20,685,444$14,509,934$35,746,545
75$72,576,269$21,649,362$14,946,348$38,578,166
76$79,927,816$22,658,948$15,395,818$41,665,868
77$88,027,606$23,716,390$15,858,731$45,034,387
78$96,951,910$24,823,981$16,335,487$48,710,920
79$106,784,776$25,984,127$16,826,497$52,725,376
80$117,618,823$27,199,350$17,332,184$57,110,645
81$129,556,116$28,472,291$17,852,985$61,902,906
82$142,709,129$29,805,722$18,389,349$67,141,950
83$157,201,804$31,202,546$18,941,737$72,871,556
84$173,170,728$32,665,811$19,510,624$79,139,883
85$190,766,413$34,198,706$20,096,501$85,999,922
86$210,154,725$35,804,581$20,699,872$93,509,982
87$231,518,444$37,486,942$21,321,254$101,734,225
88$255,058,992$39,249,469$21,961,184$110,743,265
89$280,998,335$41,096,019$22,620,209$120,614,817
90$309,581,075$43,030,634$23,298,896$131,434,418
91$341,076,764$45,057,554$23,997,828$143,296,221
92$375,782,443$47,181,223$24,717,604$156,303,867
93$414,025,451$49,406,302$25,458,842$170,571,450
94$456,166,511$51,737,675$26,222,178$186,224,575
95$502,603,139$54,180,465$27,008,265$203,401,528
96$553,773,394$56,740,042$27,817,776$222,254,561
97$610,160,013$59,422,038$28,651,405$242,951,315
98$672,294,973$62,232,356$29,509,866$265,676,377
99$740,764,506$65,177,187$30,393,891$290,633,006
100$816,214,637$68,263,021$31,304,239$318,045,029