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%13.1%
1 years$611,085$605,642$600,331$595,148$590,086$582,471
2 years$302,517$296,883$291,423$286,129$280,994$273,332
3 years$199,675$194,016$188,570$183,325$178,274$170,805
4 years$148,264$142,623$137,231$132,076$127,146$119,927
5 years$117,425$111,818$106,497$101,447$96,655$89,706
6 years$96,873$91,308$86,065$81,128$76,480$69,809
7 years$82,198$76,680$71,520$66,700$62,198$55,809
8 years$71,197$65,729$60,655$55,953$51,600$45,491
9 years$62,646$57,229$52,242$47,659$43,454$37,624
10 years$55,808$50,444$45,546$41,083$37,025$31,469
11 years$50,218$44,908$40,098$35,754$31,843$26,556
12 years$45,562$40,307$35,586$31,361$27,594$22,570
13 years$41,626$36,426$31,794$27,687$24,063$19,295
14 years$38,255$33,110$28,567$24,578$21,093$16,574
15 years$35,336$30,246$25,792$21,919$18,572$14,295
16 years$32,785$27,751$23,384$19,626$16,414$12,371
17 years$30,536$25,557$21,279$17,634$14,554$10,736
18 years$28,539$23,616$19,425$15,892$12,941$9,341
19 years$26,754$21,887$17,782$14,360$11,534$8,143
20 years$25,150$20,339$16,320$13,005$10,303$7,112
21 years$23,701$18,945$15,011$11,803$9,220$6,221
22 years$22,385$17,684$13,835$10,732$8,264$5,449
23 years$21,185$16,540$12,774$9,774$7,418$4,778
24 years$20,087$15,496$11,814$8,914$6,668$4,195
25 years$19,078$14,543$10,942$8,141$6,000$3,685
26 years$18,149$13,668$10,148$7,444$5,405$3,240
27 years$17,289$12,863$9,423$6,813$4,873$2,851
28 years$16,493$12,121$8,760$6,242$4,397$2,510
29 years$15,753$11,434$8,152$5,724$3,970$2,211
30 years$15,063$10,799$7,594$5,254$3,587$1,948
31 years$14,419$10,208$7,079$4,825$3,243$1,717
32 years$13,817$9,659$6,605$4,434$2,934$1,515
33 years$13,252$9,147$6,167$4,078$2,655$1,336
34 years$12,722$8,670$5,762$3,752$2,404$1,179
35 years$12,223$8,223$5,387$3,454$2,177$1,040
36 years$11,753$7,805$5,040$3,181$1,973$919
37 years$11,309$7,413$4,717$2,931$1,788$811
38 years$10,890$7,045$4,417$2,701$1,621$716
39 years$10,493$6,699$4,139$2,491$1,470$633
40 years$10,117$6,373$3,879$2,297$1,333$559
41 years$9,760$6,067$3,637$2,120$1,210$494
42 years$9,421$5,778$3,412$1,956$1,098$436
43 years$9,099$5,505$3,202$1,806$996$385
44 years$8,792$5,248$3,005$1,667$904$341
45 years$8,500$5,004$2,822$1,540$821$301
46 years$8,221$4,774$2,650$1,422$745$266
47 years$7,955$4,556$2,490$1,314$677$235
48 years$7,701$4,349$2,340$1,214$615$208
49 years$7,458$4,153$2,199$1,122$558$184
50 years$7,225$3,967$2,068$1,037$507$162

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 $2,526 every year, while hoping to spend $55,679 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: 38/46/16 Blend
51$7,400,000$7,400,000$7,400,000$7,400,000
52$8,157,406$7,765,206$7,650,506$8,427,931
53$8,930,219$8,086,459$7,847,555$8,943,279
54$9,779,993$8,421,587$8,049,340$9,494,335
55$10,714,519$8,771,212$8,255,960$10,088,680
56$11,742,382$9,135,982$8,467,516$10,730,239
57$12,873,038$9,516,579$8,684,111$11,423,319
58$14,116,909$9,913,712$8,905,850$12,172,642
59$15,485,475$10,328,125$9,132,837$12,983,394
60$16,991,387$10,760,597$9,365,181$13,861,265
61$18,648,584$11,211,942$9,602,990$14,812,503
62$20,472,423$11,683,010$9,846,374$15,843,969
63$22,479,826$12,174,695$10,095,444$16,963,197
64$24,689,441$12,687,927$10,350,313$18,178,465
65$27,121,811$13,223,682$10,611,096$19,498,865
66$29,799,575$13,782,982$10,877,907$20,934,391
67$32,747,678$14,366,895$11,150,864$22,496,022
68$35,993,607$14,976,539$11,430,084$24,195,829
69$39,567,650$15,613,084$11,715,686$26,047,079
70$43,503,179$16,277,754$12,007,791$28,064,358
71$47,836,971$16,971,832$12,306,519$30,263,705
72$52,609,549$17,696,658$12,611,994$32,662,758
73$57,865,565$18,453,636$12,924,338$35,280,913
74$63,654,225$19,244,237$13,243,676$38,139,506
75$70,029,750$20,069,998$13,570,132$41,262,005
76$77,051,885$20,932,529$13,903,833$44,674,227
77$84,786,470$21,833,515$14,244,904$48,404,577
78$93,306,055$22,774,722$14,593,473$52,484,309
79$102,690,585$23,757,996$14,949,667$56,947,815
80$113,028,157$24,785,271$15,313,613$61,832,938
81$124,415,851$25,858,571$15,685,441$67,181,332
82$136,960,642$26,980,015$16,065,278$73,038,837
83$150,780,415$28,151,823$16,453,252$79,455,910
84$166,005,073$29,376,318$16,849,491$86,488,093
85$182,777,765$30,655,932$17,254,124$94,196,526
86$201,256,237$31,993,213$17,667,277$102,648,517
87$221,614,321$33,390,828$18,089,078$111,918,169
88$244,043,572$34,851,569$18,519,653$122,087,065
89$268,755,081$36,378,361$18,959,126$133,245,034
90$295,981,465$37,974,266$19,407,623$145,490,986
91$325,979,061$39,642,492$19,865,265$158,933,833
92$359,030,348$41,386,397$20,332,174$173,693,506
93$395,446,611$43,209,497$20,808,469$189,902,076
94$435,570,881$45,115,478$21,294,268$207,704,989
95$479,781,170$47,108,196$21,789,686$227,262,422
96$528,494,044$49,191,692$22,294,835$248,750,784
97$582,168,549$51,370,198$22,809,825$272,364,367
98$641,310,550$53,648,146$23,334,762$298,317,163
99$706,477,501$56,030,180$23,869,751$326,844,870
100$778,283,708$58,521,161$24,414,890$358,207,098