Can I retire at age 52 with 8,000,000?

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 $8,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$660,633$654,748$649,007$643,403$637,931$630,744
2 years$327,046$320,955$315,052$309,328$303,777$296,542
3 years$215,865$209,748$203,859$198,190$192,728$185,670
4 years$160,285$154,187$148,357$142,785$137,456$130,628
5 years$126,946$120,884$115,131$109,672$104,492$97,914
6 years$104,727$98,711$93,043$87,706$82,681$76,362
7 years$88,863$82,897$77,319$72,108$67,241$61,184
8 years$76,970$71,058$65,573$60,489$55,783$49,987
9 years$67,725$61,869$56,478$51,524$46,978$41,440
10 years$60,333$54,535$49,239$44,414$40,027$34,745
11 years$54,289$48,549$43,349$38,653$34,425$29,393
12 years$49,256$43,575$38,471$33,904$29,832$25,045
13 years$45,001$39,379$34,371$29,932$26,014$21,466
14 years$41,357$35,794$30,883$26,571$22,804$18,489
15 years$38,201$32,699$27,883$23,696$20,078$15,990
16 years$35,443$30,001$25,280$21,217$17,745$13,876
17 years$33,012$27,629$23,004$19,064$15,734$12,076
18 years$30,853$25,531$21,000$17,180$13,990$10,536
19 years$28,924$23,662$19,224$15,524$12,470$9,213
20 years$27,189$21,988$17,643$14,060$11,138$8,070
21 years$25,622$20,481$16,228$12,760$9,967$7,080
22 years$24,200$19,118$14,957$11,602$8,934$6,220
23 years$22,903$17,881$13,810$10,566$8,020$5,471
24 years$21,716$16,753$12,772$9,637$7,208$4,818
25 years$20,625$15,722$11,829$8,801$6,487$4,246
26 years$19,620$14,776$10,971$8,047$5,843$3,745
27 years$18,691$13,906$10,188$7,366$5,268$3,306
28 years$17,830$13,103$9,471$6,749$4,753$2,920
29 years$17,030$12,362$8,813$6,189$4,292$2,580
30 years$16,285$11,674$8,209$5,680$3,878$2,281
31 years$15,589$11,036$7,653$5,216$3,506$2,018
32 years$14,937$10,442$7,141$4,794$3,172$1,785
33 years$14,327$9,889$6,667$4,408$2,870$1,580
34 years$13,753$9,373$6,229$4,056$2,599$1,399
35 years$13,214$8,890$5,824$3,734$2,354$1,239
36 years$12,706$8,438$5,448$3,439$2,133$1,097
37 years$12,226$8,014$5,100$3,168$1,933$972
38 years$11,773$7,616$4,775$2,920$1,752$861
39 years$11,344$7,242$4,474$2,693$1,589$763
40 years$10,937$6,890$4,194$2,484$1,441$677
41 years$10,552$6,559$3,932$2,291$1,308$600
42 years$10,185$6,246$3,689$2,115$1,187$532
43 years$9,837$5,952$3,461$1,952$1,077$471
44 years$9,505$5,673$3,249$1,803$977$418
45 years$9,189$5,410$3,051$1,665$887$371
46 years$8,888$5,161$2,865$1,538$806$329
47 years$8,600$4,925$2,692$1,421$732$292
48 years$8,325$4,702$2,530$1,313$664$259
49 years$8,062$4,490$2,378$1,213$603$229
50 years$7,811$4,289$2,235$1,121$548$203

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,000,000, adding $5,349 every year, while hoping to spend $51,113 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: 40/30/30 Blend
51$8,000,000$8,000,000$8,000,000$8,000,000
52$8,821,517$8,397,517$8,273,517$9,096,066
53$9,666,928$8,754,612$8,496,296$9,654,100
54$10,596,858$9,127,491$8,724,825$10,252,326
55$11,619,874$9,516,874$8,959,243$10,898,607
56$12,745,414$9,923,514$9,199,691$11,597,385
57$13,983,880$10,348,200$9,446,314$12,353,538
58$15,346,729$10,791,755$9,699,259$13,172,422
59$16,846,589$11,255,045$9,958,678$14,059,921
60$18,497,371$11,738,972$10,224,723$15,022,500
61$20,314,404$12,244,483$10,497,553$16,067,263
62$22,314,579$12,772,568$10,777,327$17,202,017
63$24,516,508$13,324,266$11,064,209$18,435,342
64$26,940,697$13,900,660$11,358,365$19,776,672
65$29,609,744$14,502,888$11,659,966$21,236,379
66$32,548,548$15,132,140$11,969,185$22,825,865
67$35,784,546$15,789,661$12,286,199$24,557,673
68$39,347,972$16,476,756$12,611,189$26,445,597
69$43,272,139$17,194,791$12,944,338$28,504,807
70$47,593,757$17,945,196$13,285,833$30,751,994
71$52,353,278$18,729,469$13,635,867$33,205,520
72$57,595,277$19,549,177$13,994,632$35,885,586
73$63,368,871$20,405,963$14,362,329$38,814,423
74$69,728,186$21,301,545$14,739,157$42,016,494
75$76,732,866$22,237,726$15,125,324$45,518,719
76$84,448,634$23,216,390$15,521,038$49,350,729
77$92,947,914$24,239,513$15,926,512$53,545,134
78$102,310,515$25,309,162$16,341,963$58,137,835
79$112,624,381$26,427,505$16,767,613$63,168,346
80$123,986,425$27,596,809$17,203,685$68,680,170
81$136,503,439$28,819,452$17,650,407$74,721,202
82$150,293,107$30,097,922$18,108,012$81,344,169
83$165,485,109$31,434,825$18,576,736$88,607,132
84$182,222,352$32,832,894$19,056,819$96,574,015
85$200,662,313$34,294,987$19,548,503$105,315,211
86$220,978,529$35,824,101$20,052,038$114,908,235
87$243,362,231$37,423,374$20,567,674$125,438,448
88$268,024,154$39,096,095$21,095,666$136,999,855
89$295,196,521$40,845,706$21,636,274$149,695,984
90$325,135,236$42,675,817$22,189,760$163,640,857
91$358,122,304$44,590,206$22,756,391$178,960,053
92$394,468,487$46,592,833$23,336,437$195,791,885
93$434,516,237$48,687,846$23,930,172$214,288,698
94$478,642,935$50,879,593$24,537,875$234,618,295
95$527,264,446$53,172,625$25,159,825$256,965,511
96$580,839,050$55,571,713$25,796,309$281,533,944
97$639,871,762$58,081,856$26,447,615$308,547,870
98$704,919,105$60,708,291$27,114,034$338,254,340
99$776,594,361$63,456,504$27,795,861$370,925,510
100$855,573,359$66,332,246$28,493,395$406,861,186