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%17.4%
1 years$660,633$654,748$649,007$643,403$637,931$618,750
2 years$327,046$320,955$315,052$309,328$303,777$284,614
3 years$215,865$209,748$203,859$198,190$192,728$174,184
4 years$160,285$154,187$148,357$142,785$137,456$119,672
5 years$126,946$120,884$115,131$109,672$104,492$87,517
6 years$104,727$98,711$93,043$87,706$82,681$66,531
7 years$88,863$82,897$77,319$72,108$67,241$51,915
8 years$76,970$71,058$65,573$60,489$55,783$41,271
9 years$67,725$61,869$56,478$51,524$46,978$33,265
10 years$60,333$54,535$49,239$44,414$40,027$27,094
11 years$54,289$48,549$43,349$38,653$34,425$22,248
12 years$49,256$43,575$38,471$33,904$29,832$18,388
13 years$45,001$39,379$34,371$29,932$26,014$15,276
14 years$41,357$35,794$30,883$26,571$22,804$12,744
15 years$38,201$32,699$27,883$23,696$20,078$10,668
16 years$35,443$30,001$25,280$21,217$17,745$8,955
17 years$33,012$27,629$23,004$19,064$15,734$7,535
18 years$30,853$25,531$21,000$17,180$13,990$6,352
19 years$28,924$23,662$19,224$15,524$12,470$5,364
20 years$27,189$21,988$17,643$14,060$11,138$4,535
21 years$25,622$20,481$16,228$12,760$9,967$3,839
22 years$24,200$19,118$14,957$11,602$8,934$3,253
23 years$22,903$17,881$13,810$10,566$8,020$2,759
24 years$21,716$16,753$12,772$9,637$7,208$2,341
25 years$20,625$15,722$11,829$8,801$6,487$1,987
26 years$19,620$14,776$10,971$8,047$5,843$1,688
27 years$18,691$13,906$10,188$7,366$5,268$1,435
28 years$17,830$13,103$9,471$6,749$4,753$1,220
29 years$17,030$12,362$8,813$6,189$4,292$1,037
30 years$16,285$11,674$8,209$5,680$3,878$882
31 years$15,589$11,036$7,653$5,216$3,506$751
32 years$14,937$10,442$7,141$4,794$3,172$639
33 years$14,327$9,889$6,667$4,408$2,870$544
34 years$13,753$9,373$6,229$4,056$2,599$463
35 years$13,214$8,890$5,824$3,734$2,354$394
36 years$12,706$8,438$5,448$3,439$2,133$335
37 years$12,226$8,014$5,100$3,168$1,933$285
38 years$11,773$7,616$4,775$2,920$1,752$243
39 years$11,344$7,242$4,474$2,693$1,589$207
40 years$10,937$6,890$4,194$2,484$1,441$176
41 years$10,552$6,559$3,932$2,291$1,308$150
42 years$10,185$6,246$3,689$2,115$1,187$128
43 years$9,837$5,952$3,461$1,952$1,077$109
44 years$9,505$5,673$3,249$1,803$977$93
45 years$9,189$5,410$3,051$1,665$887$79
46 years$8,888$5,161$2,865$1,538$806$67
47 years$8,600$4,925$2,692$1,421$732$57
48 years$8,325$4,702$2,530$1,313$664$49
49 years$8,062$4,490$2,378$1,213$603$42
50 years$7,811$4,289$2,235$1,121$548$35

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 $5,321 every year, while hoping to spend $54,932 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: 52/32/16 Blend
51$8,000,000$8,000,000$8,000,000$8,000,000
52$8,821,489$8,397,489$8,273,489$9,241,632
53$9,662,833$8,750,518$8,492,203$9,883,164
54$10,588,154$9,119,005$8,716,404$10,574,314
55$11,605,958$9,503,649$8,946,216$11,324,816
56$12,725,620$9,905,182$9,181,768$12,140,310
57$13,957,466$10,324,369$9,423,190$13,026,991
58$15,312,876$10,762,012$9,670,616$13,991,672
59$16,804,389$11,218,949$9,924,180$15,041,842
60$18,445,818$11,696,059$10,184,022$16,185,734
61$20,252,385$12,194,260$10,450,280$17,432,403
62$22,240,862$12,714,513$10,723,099$18,791,807
63$24,429,731$13,257,824$11,002,623$20,274,897
64$26,839,353$13,825,247$11,289,001$21,893,721
65$29,492,167$14,417,885$11,582,383$23,661,532
66$32,412,897$15,036,890$11,882,921$25,592,910
67$35,628,787$15,683,472$12,190,773$27,703,898
68$39,169,854$16,358,893$12,506,096$30,012,149
69$43,069,179$17,064,479$12,829,050$32,537,090
70$47,363,212$17,801,614$13,159,799$35,300,101
71$52,092,116$18,571,750$13,498,509$38,324,711
72$57,300,151$19,376,405$13,845,348$41,636,822
73$63,036,087$20,217,169$14,200,487$45,264,942
74$69,353,664$21,095,707$14,564,100$49,240,455
75$76,312,104$22,013,763$14,936,363$53,597,911
76$83,976,661$22,973,160$15,317,455$58,375,347
77$92,419,247$23,975,811$15,707,555$63,614,641
78$101,719,100$25,023,716$16,106,849$69,361,904
79$111,963,541$26,118,971$16,515,521$75,667,908
80$123,248,791$27,263,769$16,933,760$82,588,559
81$135,680,884$28,460,410$17,361,757$90,185,422
82$149,376,662$29,711,298$17,799,704$98,526,293
83$164,464,884$31,018,954$18,247,796$107,685,834
84$181,087,437$32,386,017$18,706,232$117,746,270
85$199,400,674$33,815,251$19,175,209$128,798,159
86$219,576,895$35,309,550$19,654,931$140,941,242
87$241,805,967$36,871,947$20,145,600$154,285,371
88$266,297,119$38,505,616$20,647,421$168,951,544
89$293,280,918$40,213,884$21,160,603$185,073,035
90$323,011,441$42,000,234$21,685,352$202,796,645
91$355,768,678$43,868,315$22,221,881$222,284,079
92$391,861,170$45,821,949$22,770,401$243,713,463
93$431,628,924$47,865,140$23,331,125$267,281,014
94$475,446,625$50,002,081$23,904,267$293,202,884
95$523,727,164$52,237,167$24,490,044$321,717,188
96$576,925,545$54,574,999$25,088,671$353,086,243
97$635,543,175$57,020,398$25,700,365$387,599,028
98$700,132,596$59,578,415$26,325,345$425,573,906
99$771,302,706$62,254,342$26,963,829$467,361,611
100$849,724,498$65,053,721$27,616,034$513,348,547