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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.4%
1 years$660,633$654,748$649,007$643,403$637,931$616,278
2 years$327,046$320,955$315,052$309,328$303,777$282,179
3 years$215,865$209,748$203,859$198,190$192,728$171,864
4 years$160,285$154,187$148,357$142,785$137,456$117,484
5 years$126,946$120,884$115,131$109,672$104,492$85,465
6 years$104,727$98,711$93,043$87,706$82,681$64,615
7 years$88,863$82,897$77,319$72,108$67,241$50,134
8 years$76,970$71,058$65,573$60,489$55,783$39,621
9 years$67,725$61,869$56,478$51,524$46,978$31,740
10 years$60,333$54,535$49,239$44,414$40,027$25,690
11 years$54,289$48,549$43,349$38,653$34,425$20,960
12 years$49,256$43,575$38,471$33,904$29,832$17,208
13 years$45,001$39,379$34,371$29,932$26,014$14,199
14 years$41,357$35,794$30,883$26,571$22,804$11,764
15 years$38,201$32,699$27,883$23,696$20,078$9,778
16 years$35,443$30,001$25,280$21,217$17,745$8,149
17 years$33,012$27,629$23,004$19,064$15,734$6,807
18 years$30,853$25,531$21,000$17,180$13,990$5,696
19 years$28,924$23,662$19,224$15,524$12,470$4,773
20 years$27,189$21,988$17,643$14,060$11,138$4,005
21 years$25,622$20,481$16,228$12,760$9,967$3,364
22 years$24,200$19,118$14,957$11,602$8,934$2,829
23 years$22,903$17,881$13,810$10,566$8,020$2,380
24 years$21,716$16,753$12,772$9,637$7,208$2,003
25 years$20,625$15,722$11,829$8,801$6,487$1,687
26 years$19,620$14,776$10,971$8,047$5,843$1,422
27 years$18,691$13,906$10,188$7,366$5,268$1,199
28 years$17,830$13,103$9,471$6,749$4,753$1,011
29 years$17,030$12,362$8,813$6,189$4,292$852
30 years$16,285$11,674$8,209$5,680$3,878$719
31 years$15,589$11,036$7,653$5,216$3,506$607
32 years$14,937$10,442$7,141$4,794$3,172$512
33 years$14,327$9,889$6,667$4,408$2,870$432
34 years$13,753$9,373$6,229$4,056$2,599$365
35 years$13,214$8,890$5,824$3,734$2,354$308
36 years$12,706$8,438$5,448$3,439$2,133$260
37 years$12,226$8,014$5,100$3,168$1,933$219
38 years$11,773$7,616$4,775$2,920$1,752$185
39 years$11,344$7,242$4,474$2,693$1,589$156
40 years$10,937$6,890$4,194$2,484$1,441$132
41 years$10,552$6,559$3,932$2,291$1,308$112
42 years$10,185$6,246$3,689$2,115$1,187$94
43 years$9,837$5,952$3,461$1,952$1,077$80
44 years$9,505$5,673$3,249$1,803$977$67
45 years$9,189$5,410$3,051$1,665$887$57
46 years$8,888$5,161$2,865$1,538$806$48
47 years$8,600$4,925$2,692$1,421$732$40
48 years$8,325$4,702$2,530$1,313$664$34
49 years$8,062$4,490$2,378$1,213$603$29
50 years$7,811$4,289$2,235$1,121$548$24

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 $6,795 every year, while hoping to spend $46,218 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: 53/37/10 Blend
51$8,000,000$8,000,000$8,000,000$8,000,000
52$8,823,009$8,399,009$8,275,009$9,267,767
53$9,673,780$8,761,385$8,503,046$9,933,129
54$10,609,781$9,139,968$8,737,174$10,651,063
55$11,639,657$9,535,504$8,977,547$11,431,055
56$12,772,931$9,948,773$9,224,324$12,278,986
57$14,020,099$10,380,592$9,477,668$13,201,321
58$15,392,725$10,831,817$9,737,745$14,205,162
59$16,903,550$11,303,343$10,004,727$15,298,317
60$18,566,613$11,796,108$10,278,786$16,489,367
61$20,397,384$12,311,093$10,560,102$17,787,748
62$22,412,908$12,849,328$10,848,856$19,203,833
63$24,631,968$13,411,889$11,145,236$20,749,029
64$27,075,260$13,999,902$11,449,433$22,435,882
65$29,765,588$14,614,550$11,761,641$24,278,190
66$32,728,083$15,257,067$12,082,061$26,291,130
67$35,990,434$15,928,750$12,410,896$28,491,399
68$39,583,154$16,630,954$12,748,357$30,897,367
69$43,539,864$17,365,100$13,094,655$33,529,243
70$47,897,615$18,132,674$13,450,011$36,409,268
71$52,697,231$18,935,235$13,814,646$39,561,913
72$57,983,702$19,774,414$14,188,789$43,014,112
73$63,806,600$20,651,921$14,572,674$46,795,506
74$70,220,553$21,569,545$14,966,539$50,938,720
75$77,285,758$22,529,162$15,370,627$55,479,667
76$85,068,550$23,532,735$15,785,187$60,457,878
77$93,642,025$24,582,322$16,210,474$65,916,870
78$103,086,734$25,680,078$16,646,747$71,904,554
79$113,491,440$26,828,261$17,094,272$78,473,676
80$124,953,956$28,029,235$17,553,320$85,682,312
81$137,582,070$29,285,478$18,024,166$93,594,407
82$151,494,561$30,599,586$18,507,095$102,280,370
83$166,822,317$31,974,277$19,002,394$111,817,735
84$183,709,577$33,412,400$19,510,358$122,291,882
85$202,315,287$34,916,940$20,031,288$133,796,834
86$222,814,599$36,491,023$20,565,489$146,436,136
87$245,400,531$38,137,926$21,113,276$160,323,827
88$270,285,781$39,861,081$21,674,967$175,585,501
89$297,704,741$41,664,083$22,250,888$192,359,486
90$327,915,703$43,550,702$22,841,371$210,798,138
91$361,203,303$45,524,885$23,446,756$231,069,269
92$397,881,205$47,590,769$24,067,387$253,357,718
93$438,295,061$49,752,690$24,703,617$277,867,087
94$482,825,774$52,015,188$25,355,805$304,821,647
95$531,893,095$54,383,025$26,024,316$334,468,443
96$585,959,584$56,861,186$26,709,525$367,079,612
97$645,534,977$59,454,900$27,411,809$402,954,940
98$711,180,997$62,169,642$28,131,557$442,424,671
99$783,516,656$65,011,153$28,869,162$485,852,616
100$863,224,102$67,985,446$29,625,026$533,639,565