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%17.8%
1 years$611,085$605,642$600,331$595,148$590,086$571,426
2 years$302,517$296,883$291,423$286,129$280,994$262,363
3 years$199,675$194,016$188,570$183,325$178,274$160,257
4 years$148,264$142,623$137,231$132,076$127,146$109,882
5 years$117,425$111,818$106,497$101,447$96,655$80,188
6 years$96,873$91,308$86,065$81,128$76,480$60,826
7 years$82,198$76,680$71,520$66,700$62,198$47,356
8 years$71,197$65,729$60,655$55,953$51,600$37,558
9 years$62,646$57,229$52,242$47,659$43,454$30,198
10 years$55,808$50,444$45,546$41,083$37,025$24,534
11 years$50,218$44,908$40,098$35,754$31,843$20,095
12 years$45,562$40,307$35,586$31,361$27,594$16,564
13 years$41,626$36,426$31,794$27,687$24,063$13,723
14 years$38,255$33,110$28,567$24,578$21,093$11,417
15 years$35,336$30,246$25,792$21,919$18,572$9,530
16 years$32,785$27,751$23,384$19,626$16,414$7,977
17 years$30,536$25,557$21,279$17,634$14,554$6,692
18 years$28,539$23,616$19,425$15,892$12,941$5,625
19 years$26,754$21,887$17,782$14,360$11,534$4,736
20 years$25,150$20,339$16,320$13,005$10,303$3,992
21 years$23,701$18,945$15,011$11,803$9,220$3,369
22 years$22,385$17,684$13,835$10,732$8,264$2,846
23 years$21,185$16,540$12,774$9,774$7,418$2,405
24 years$20,087$15,496$11,814$8,914$6,668$2,035
25 years$19,078$14,543$10,942$8,141$6,000$1,722
26 years$18,149$13,668$10,148$7,444$5,405$1,458
27 years$17,289$12,863$9,423$6,813$4,873$1,235
28 years$16,493$12,121$8,760$6,242$4,397$1,047
29 years$15,753$11,434$8,152$5,724$3,970$887
30 years$15,063$10,799$7,594$5,254$3,587$752
31 years$14,419$10,208$7,079$4,825$3,243$638
32 years$13,817$9,659$6,605$4,434$2,934$541
33 years$13,252$9,147$6,167$4,078$2,655$459
34 years$12,722$8,670$5,762$3,752$2,404$389
35 years$12,223$8,223$5,387$3,454$2,177$330
36 years$11,753$7,805$5,040$3,181$1,973$280
37 years$11,309$7,413$4,717$2,931$1,788$238
38 years$10,890$7,045$4,417$2,701$1,621$202
39 years$10,493$6,699$4,139$2,491$1,470$171
40 years$10,117$6,373$3,879$2,297$1,333$145
41 years$9,760$6,067$3,637$2,120$1,210$123
42 years$9,421$5,778$3,412$1,956$1,098$105
43 years$9,099$5,505$3,202$1,806$996$89
44 years$8,792$5,248$3,005$1,667$904$75
45 years$8,500$5,004$2,822$1,540$821$64
46 years$8,221$4,774$2,650$1,422$745$54
47 years$7,955$4,556$2,490$1,314$677$46
48 years$7,701$4,349$2,340$1,214$615$39
49 years$7,458$4,153$2,199$1,122$558$33
50 years$7,225$3,967$2,068$1,037$507$28

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 $6,873 every year, while hoping to spend $56,756 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: 59/29/12 Blend
51$7,400,000$7,400,000$7,400,000$7,400,000
52$8,161,889$7,769,689$7,654,989$8,619,130
53$8,934,014$8,090,016$7,851,044$9,248,203
54$9,782,994$8,424,137$8,051,764$9,926,877
55$10,716,607$8,772,667$8,257,245$10,665,558
56$11,743,424$9,136,252$8,467,587$11,470,026
57$12,872,890$9,515,564$8,682,887$12,346,637
58$14,115,407$9,911,309$8,903,246$13,302,385
59$15,482,440$10,324,225$9,128,766$14,344,958
60$16,986,619$10,755,082$9,359,550$15,482,818
61$18,641,860$11,204,688$9,595,701$16,725,270
62$20,463,499$11,673,886$9,837,326$18,082,555
63$22,468,429$12,163,560$10,084,531$19,565,940
64$24,675,269$12,674,635$10,337,422$21,187,825
65$27,104,531$13,208,076$10,596,111$22,961,853
66$29,778,818$13,764,897$10,860,705$24,903,042
67$32,723,035$14,346,154$11,131,316$27,027,922
68$35,964,626$14,952,957$11,408,057$29,354,687
69$39,533,830$15,586,464$11,691,039$31,903,364
70$43,463,969$16,247,889$11,980,376$34,696,002
71$47,791,759$16,938,501$12,276,184$37,756,874
72$52,557,659$17,659,628$12,578,577$41,112,705
73$57,806,251$18,412,661$12,887,671$44,792,918
74$63,586,664$19,199,056$13,203,582$48,829,912
75$69,953,029$20,020,336$13,526,428$53,259,363
76$76,965,001$20,878,095$13,856,326$58,120,554
77$84,688,312$21,774,002$14,193,394$63,456,748
78$93,195,396$22,709,805$14,537,749$69,315,585
79$102,566,072$23,687,331$14,889,509$75,749,534
80$112,888,297$24,708,496$15,248,793$82,816,379
81$124,258,994$25,775,303$15,615,719$90,579,763
82$136,784,969$26,889,850$15,990,403$99,109,782
83$150,583,917$28,054,334$16,372,963$108,483,641
84$165,785,535$29,271,055$16,763,516$118,786,383
85$182,532,743$30,542,420$17,162,177$130,111,676
86$200,983,034$31,870,950$17,569,061$142,562,703
87$221,309,962$33,259,285$17,984,282$156,253,120
88$243,704,776$34,710,187$18,407,953$171,308,131
89$268,378,228$36,226,552$18,840,185$187,865,657
90$295,562,563$37,811,408$19,281,087$206,077,633
91$325,513,707$39,467,930$19,730,766$226,111,438
92$358,513,687$41,199,440$20,189,328$248,151,463
93$394,873,288$43,009,418$20,656,876$272,400,847
94$434,934,992$44,901,508$21,133,510$299,083,386
95$479,076,205$46,879,526$21,619,326$328,445,636
96$527,712,824$48,947,469$22,114,420$360,759,232
97$581,303,160$51,109,522$22,618,881$396,323,444
98$640,352,264$53,370,071$23,132,795$435,467,991
99$705,416,697$55,733,706$23,656,246$478,556,146
100$777,109,779$58,205,237$24,189,310$525,988,151