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%19.7%
1 years$602,827$597,458$592,219$587,105$582,112$559,458
2 years$298,429$292,871$287,485$282,262$277,196$254,646
3 years$196,977$191,395$186,022$180,848$175,865$154,129
4 years$146,260$140,695$135,376$130,291$125,428$104,672
5 years$115,838$110,307$105,057$100,076$95,349$75,625
6 years$95,564$90,074$84,902$80,031$75,446$56,768
7 years$81,087$75,644$70,554$65,798$61,358$43,719
8 years$70,235$64,841$59,835$55,197$50,902$34,286
9 years$61,799$56,456$51,536$47,015$42,867$27,248
10 years$55,054$49,763$44,930$40,528$36,525$21,873
11 years$49,539$44,301$39,556$35,271$31,413$17,696
12 years$44,947$39,762$35,105$30,938$27,221$14,403
13 years$41,064$35,933$31,364$27,313$23,738$11,779
14 years$37,738$32,662$28,181$24,246$20,808$9,670
15 years$34,859$29,838$25,443$21,623$18,321$7,964
16 years$32,342$27,376$23,068$19,361$16,192$6,575
17 years$30,123$25,212$20,991$17,396$14,357$5,439
18 years$28,153$23,297$19,162$15,677$12,766$4,508
19 years$26,393$21,591$17,542$14,165$11,378$3,741
20 years$24,810$20,064$16,099$12,830$10,163$3,108
21 years$23,381$18,689$14,808$11,644$9,095$2,584
22 years$22,082$17,445$13,648$10,587$8,153$2,151
23 years$20,899$16,316$12,602$9,642$7,318$1,791
24 years$19,816$15,287$11,654$8,794$6,578$1,492
25 years$18,821$14,346$10,794$8,031$5,919$1,244
26 years$17,904$13,483$10,011$7,343$5,332$1,037
27 years$17,056$12,689$9,296$6,721$4,807$865
28 years$16,270$11,957$8,642$6,158$4,337$722
29 years$15,540$11,280$8,042$5,647$3,916$602
30 years$14,860$10,653$7,491$5,183$3,539$503
31 years$14,225$10,070$6,984$4,760$3,199$420
32 years$13,630$9,529$6,516$4,374$2,894$350
33 years$13,073$9,024$6,084$4,023$2,619$293
34 years$12,550$8,552$5,684$3,701$2,371$244
35 years$12,058$8,112$5,314$3,407$2,148$204
36 years$11,594$7,699$4,972$3,138$1,946$170
37 years$11,156$7,313$4,653$2,891$1,764$142
38 years$10,743$6,950$4,358$2,665$1,599$119
39 years$10,351$6,608$4,083$2,457$1,450$99
40 years$9,980$6,287$3,827$2,266$1,315$83
41 years$9,628$5,985$3,588$2,091$1,193$69
42 years$9,294$5,700$3,366$1,930$1,083$58
43 years$8,976$5,431$3,158$1,781$983$48
44 years$8,673$5,177$2,965$1,645$892$40
45 years$8,385$4,936$2,784$1,519$810$34
46 years$8,110$4,709$2,615$1,403$735$28
47 years$7,848$4,494$2,456$1,296$668$24
48 years$7,597$4,290$2,308$1,198$606$20
49 years$7,357$4,097$2,170$1,107$551$16
50 years$7,127$3,913$2,040$1,023$500$14

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 $2,257 every year, while hoping to spend $48,323 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: 24/48/28 Blend
51$7,300,000$7,300,000$7,300,000$7,300,000
52$8,046,928$7,660,028$7,546,878$8,169,011
53$8,816,299$7,983,954$7,748,283$8,596,964
54$9,662,527$8,322,133$7,954,816$9,050,913
55$10,593,399$8,675,212$8,166,597$9,536,274
56$11,617,497$9,043,869$8,383,749$10,055,692
57$12,744,276$9,428,812$8,606,398$10,612,061
58$13,984,152$9,830,784$8,834,673$11,208,548
59$15,348,605$10,250,562$9,068,704$11,848,617
60$16,850,281$10,688,957$9,308,623$12,536,061
61$18,503,116$11,146,822$9,554,568$13,275,034
62$20,322,464$11,625,047$9,806,677$14,070,085
63$22,325,244$12,124,563$10,065,089$14,926,199
64$24,530,100$12,646,348$10,329,951$15,848,841
65$26,957,573$13,191,422$10,601,407$16,843,999
66$29,630,298$13,760,854$10,879,607$17,918,242
67$32,573,217$14,355,765$11,164,703$19,078,775
68$35,813,815$14,977,326$11,456,849$20,333,502
69$39,382,374$15,626,765$11,756,203$21,691,095
70$43,312,265$16,305,366$12,062,926$23,161,074
71$47,640,262$17,014,475$12,377,180$24,753,889
72$52,406,884$17,755,500$12,699,131$26,481,015
73$57,656,782$18,529,915$13,028,947$28,355,051
74$63,439,158$19,339,265$13,366,801$30,389,839
75$69,808,230$20,185,167$13,712,867$32,600,582
76$76,823,744$21,069,314$14,067,322$35,003,987
77$84,551,534$21,993,479$14,430,345$37,618,410
78$93,064,149$22,959,518$14,802,121$40,464,027
79$102,441,535$23,969,377$15,182,835$43,563,014
80$112,771,787$25,025,092$15,572,674$46,939,753
81$124,151,982$26,128,794$15,971,832$50,621,046
82$136,689,098$27,282,719$16,380,502$54,636,369
83$150,501,018$28,489,205$16,798,882$59,018,135
84$165,717,648$29,750,702$17,227,170$63,801,992
85$182,482,138$31,069,776$17,665,570$69,027,152
86$200,952,237$32,449,116$18,114,288$74,736,749
87$221,301,779$33,891,536$18,573,530$80,978,237
88$243,722,325$35,399,986$19,043,508$87,803,827
89$268,424,972$36,977,555$19,524,435$95,270,966
90$295,642,341$38,627,477$20,016,526$103,442,870
91$325,630,781$40,353,144$20,520,000$112,389,109
92$358,672,778$42,158,106$21,035,078$122,186,246
93$395,079,630$44,046,082$21,561,981$132,918,550
94$435,194,381$46,020,969$22,100,937$144,678,779
95$479,395,061$48,086,849$22,652,171$157,569,034
96$528,098,251$50,247,999$23,215,913$171,701,714
97$581,763,022$52,508,900$23,792,395$187,200,556
98$640,895,259$54,874,245$24,381,849$204,201,789
99$706,052,446$57,348,953$24,984,512$222,855,401
100$777,848,921$59,938,177$25,600,618$243,326,534