Can I retire at age 52 with 7,400,000?

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 $7,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$611,085$605,642$600,331$595,148$590,086$569,830
2 years$302,517$296,883$291,423$286,129$280,994$260,792
3 years$199,675$194,016$188,570$183,325$178,274$158,761
4 years$148,264$142,623$137,231$132,076$127,146$108,472
5 years$117,425$111,818$106,497$101,447$96,655$78,868
6 years$96,873$91,308$86,065$81,128$76,480$59,595
7 years$82,198$76,680$71,520$66,700$62,198$46,213
8 years$71,197$65,729$60,655$55,953$51,600$36,500
9 years$62,646$57,229$52,242$47,659$43,454$29,222
10 years$55,808$50,444$45,546$41,083$37,025$23,637
11 years$50,218$44,908$40,098$35,754$31,843$19,272
12 years$45,562$40,307$35,586$31,361$27,594$15,812
13 years$41,626$36,426$31,794$27,687$24,063$13,038
14 years$38,255$33,110$28,567$24,578$21,093$10,794
15 years$35,336$30,246$25,792$21,919$18,572$8,966
16 years$32,785$27,751$23,384$19,626$16,414$7,467
17 years$30,536$25,557$21,279$17,634$14,554$6,232
18 years$28,539$23,616$19,425$15,892$12,941$5,211
19 years$26,754$21,887$17,782$14,360$11,534$4,364
20 years$25,150$20,339$16,320$13,005$10,303$3,659
21 years$23,701$18,945$15,011$11,803$9,220$3,071
22 years$22,385$17,684$13,835$10,732$8,264$2,580
23 years$21,185$16,540$12,774$9,774$7,418$2,169
24 years$20,087$15,496$11,814$8,914$6,668$1,824
25 years$19,078$14,543$10,942$8,141$6,000$1,535
26 years$18,149$13,668$10,148$7,444$5,405$1,293
27 years$17,289$12,863$9,423$6,813$4,873$1,089
28 years$16,493$12,121$8,760$6,242$4,397$917
29 years$15,753$11,434$8,152$5,724$3,970$773
30 years$15,063$10,799$7,594$5,254$3,587$652
31 years$14,419$10,208$7,079$4,825$3,243$549
32 years$13,817$9,659$6,605$4,434$2,934$463
33 years$13,252$9,147$6,167$4,078$2,655$391
34 years$12,722$8,670$5,762$3,752$2,404$329
35 years$12,223$8,223$5,387$3,454$2,177$278
36 years$11,753$7,805$5,040$3,181$1,973$234
37 years$11,309$7,413$4,717$2,931$1,788$198
38 years$10,890$7,045$4,417$2,701$1,621$167
39 years$10,493$6,699$4,139$2,491$1,470$141
40 years$10,117$6,373$3,879$2,297$1,333$119
41 years$9,760$6,067$3,637$2,120$1,210$100
42 years$9,421$5,778$3,412$1,956$1,098$85
43 years$9,099$5,505$3,202$1,806$996$71
44 years$8,792$5,248$3,005$1,667$904$60
45 years$8,500$5,004$2,822$1,540$821$51
46 years$8,221$4,774$2,650$1,422$745$43
47 years$7,955$4,556$2,490$1,314$677$36
48 years$7,701$4,349$2,340$1,214$615$31
49 years$7,458$4,153$2,199$1,122$558$26
50 years$7,225$3,967$2,068$1,037$507$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,400,000, adding $6,082 every year, while hoping to spend $57,502 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: 57/15/28 Blend
51$7,400,000$7,400,000$7,400,000$7,400,000
52$8,161,074$7,768,874$7,654,174$8,563,224
53$8,932,321$8,088,367$7,849,407$9,159,495
54$9,780,309$8,421,588$8,049,253$9,802,558
55$10,712,804$8,769,149$8,253,806$10,502,326
56$11,738,363$9,131,690$8,463,161$11,264,303
57$12,866,413$9,509,880$8,677,415$12,094,544
58$14,107,343$9,904,420$8,896,664$12,999,712
59$15,472,597$10,316,041$9,121,007$13,987,141
60$16,974,786$10,745,511$9,350,545$15,064,900
61$18,627,803$11,193,631$9,585,377$16,241,873
62$20,446,959$11,661,238$9,825,607$17,527,838
63$22,449,120$12,149,210$10,071,336$18,933,558
64$24,652,874$12,658,465$10,322,670$20,470,883
65$27,078,700$13,189,963$10,579,712$22,152,858
66$29,749,164$13,744,708$10,842,569$23,993,848
67$32,689,131$14,323,751$11,111,347$26,009,666
68$35,926,000$14,928,192$11,386,155$28,217,728
69$39,489,960$15,559,182$11,667,100$30,637,210
70$43,414,279$16,217,925$11,954,291$33,289,229
71$47,735,614$16,905,681$12,247,837$36,197,042
72$52,494,356$17,623,769$12,547,850$39,386,259
73$57,735,016$18,373,570$12,854,438$42,885,089
74$63,506,640$19,156,527$13,167,714$46,724,599
75$69,863,273$19,974,152$13,487,788$50,939,008
76$76,864,470$20,828,028$13,814,772$55,566,005
77$84,575,855$21,719,812$14,148,776$60,647,105
78$93,069,745$22,651,235$14,489,913$66,228,039
79$102,425,827$23,624,114$14,838,293$72,359,179
80$112,731,914$24,640,347$15,194,028$79,096,013
81$124,084,768$25,701,923$15,557,227$86,499,670
82$136,591,021$26,810,924$15,928,001$94,637,487
83$150,368,174$27,969,528$16,306,458$103,583,647
84$165,545,710$29,180,018$16,692,707$113,419,874
85$182,266,314$30,444,781$17,086,854$124,236,201
86$200,687,221$31,766,317$17,489,006$136,131,817
87$220,981,697$33,147,246$17,899,267$149,216,001
88$243,340,678$34,590,309$18,317,740$163,609,149
89$267,974,568$36,098,375$18,744,526$179,443,905
90$295,115,229$37,674,451$19,179,722$196,866,414
91$325,018,166$39,321,682$19,623,427$216,037,690
92$357,964,940$41,043,366$20,075,732$237,135,140
93$394,265,824$42,842,951$20,536,730$260,354,230
94$434,262,736$44,724,053$21,006,508$285,910,325
95$478,332,459$46,690,456$21,485,150$314,040,718
96$526,890,204$48,746,122$21,972,737$345,006,868
97$580,393,525$50,895,203$22,469,344$379,096,858
98$639,346,642$53,142,046$22,975,045$416,628,114
99$704,305,196$55,491,202$23,489,905$457,950,392
100$775,881,495$57,947,441$24,013,986$503,449,078