Can I retire at age 52 with 8,300,000?

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 $8,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$685,406$679,301$673,344$667,531$661,854$641,695
2 years$339,310$332,991$326,866$320,928$315,168$295,032
3 years$223,960$217,613$211,504$205,622$199,956$180,473
4 years$166,296$159,969$153,921$148,139$142,610$123,931
5 years$131,707$125,417$119,449$113,785$108,410$90,584
6 years$108,655$102,413$96,532$90,995$85,781$68,824
7 years$92,195$86,006$80,219$74,812$69,763$53,674
8 years$79,857$73,723$68,032$62,758$57,875$42,645
9 years$70,265$64,189$58,596$53,456$48,739$34,350
10 years$62,596$56,580$51,085$46,079$41,528$27,961
11 years$56,325$50,370$44,975$40,103$35,716$22,945
12 years$51,104$45,209$39,914$35,176$30,950$18,951
13 years$46,689$40,856$35,660$31,055$26,989$15,733
14 years$42,908$37,137$32,041$27,567$23,659$13,116
15 years$39,634$33,925$28,929$24,585$20,831$10,972
16 years$36,772$31,126$26,228$22,013$18,411$9,204
17 years$34,250$28,665$23,867$19,779$16,324$7,739
18 years$32,010$26,488$21,787$17,824$14,515$6,519
19 years$30,008$24,549$19,945$16,106$12,937$5,501
20 years$28,209$22,812$18,305$14,587$11,556$4,648
21 years$26,583$21,249$16,837$13,239$10,341$3,931
22 years$25,107$19,835$15,518$12,037$9,269$3,328
23 years$23,762$18,551$14,328$10,962$8,321$2,820
24 years$22,530$17,381$13,251$9,998$7,479$2,391
25 years$21,399$16,311$12,273$9,131$6,730$2,029
26 years$20,356$15,330$11,382$8,349$6,062$1,722
27 years$19,392$14,427$10,570$7,642$5,465$1,462
28 years$18,499$13,595$9,826$7,002$4,931$1,242
29 years$17,669$12,825$9,144$6,421$4,453$1,055
30 years$16,895$12,112$8,517$5,893$4,024$897
31 years$16,173$11,450$7,940$5,412$3,638$762
32 years$15,497$10,834$7,408$4,974$3,291$648
33 years$14,864$10,260$6,917$4,574$2,978$551
34 years$14,269$9,724$6,463$4,208$2,696$469
35 years$13,710$9,223$6,042$3,874$2,442$399
36 years$13,182$8,754$5,653$3,568$2,213$339
37 years$12,685$8,314$5,291$3,287$2,005$288
38 years$12,214$7,902$4,955$3,030$1,818$245
39 years$11,769$7,514$4,642$2,794$1,649$209
40 years$11,347$7,149$4,351$2,577$1,495$178
41 years$10,947$6,805$4,080$2,377$1,357$151
42 years$10,567$6,481$3,827$2,194$1,231$129
43 years$10,206$6,175$3,591$2,025$1,117$109
44 years$9,862$5,886$3,371$1,870$1,014$93
45 years$9,534$5,613$3,165$1,727$921$79
46 years$9,221$5,354$2,973$1,595$836$67
47 years$8,923$5,110$2,793$1,474$759$57
48 years$8,637$4,878$2,624$1,362$689$49
49 years$8,365$4,658$2,467$1,259$626$42
50 years$8,104$4,450$2,319$1,163$569$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,300,000, adding $3,898 every year, while hoping to spend $49,669 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: 49/40/11 Blend
51$8,300,000$8,300,000$8,300,000$8,300,000
52$9,150,621$8,710,721$8,582,071$9,571,529
53$10,031,137$9,084,699$8,816,723$10,234,754
54$10,999,800$9,475,337$9,057,571$10,949,227
55$12,065,551$9,883,399$9,304,770$11,724,163
56$13,238,237$10,309,685$9,558,480$12,565,232
57$14,528,709$10,755,032$9,818,861$13,478,664
58$15,948,926$11,220,317$10,086,081$14,471,303
59$17,512,060$11,706,456$10,360,309$15,550,667
60$19,232,629$12,214,411$10,641,718$16,725,016
61$21,126,628$12,745,188$10,930,486$18,003,432
62$23,211,681$13,299,839$11,226,794$19,395,892
63$25,507,208$13,879,468$11,530,828$20,913,369
64$28,034,610$14,485,228$11,842,777$22,567,923
65$30,817,465$15,118,329$12,162,835$24,372,815
66$33,881,756$15,780,037$12,491,200$26,342,631
67$37,256,113$16,471,677$12,828,073$28,493,408
68$40,972,085$17,194,637$13,173,662$30,842,790
69$45,064,436$17,950,372$13,528,177$33,410,181
70$49,571,472$18,740,404$13,891,834$36,216,930
71$54,535,405$19,566,327$14,264,854$39,286,525
72$60,002,750$20,429,810$14,647,460$42,644,809
73$66,024,763$21,332,604$15,039,883$46,320,221
74$72,657,926$22,276,539$15,442,356$50,344,053
75$79,964,479$23,263,534$15,855,120$54,750,748
76$88,013,007$24,295,598$16,278,417$59,578,210
77$96,879,087$25,374,836$16,712,498$64,868,161
78$106,646,004$26,503,452$17,157,616$70,666,528
79$117,405,531$27,683,756$17,614,031$77,023,866
80$129,258,801$28,918,167$18,082,008$83,995,828
81$142,317,259$30,209,217$18,561,815$91,643,688
82$156,703,713$31,559,562$19,053,729$100,034,904
83$172,553,493$32,971,982$19,558,030$109,243,751
84$190,015,730$34,449,389$20,075,005$119,352,011
85$209,254,760$35,994,836$20,604,944$130,449,737
86$230,451,681$37,611,518$21,148,145$142,636,093
87$253,806,055$39,302,785$21,704,910$156,020,279
88$279,537,797$41,072,146$22,275,549$170,722,552
89$307,889,248$42,923,276$22,860,375$186,875,350
90$339,127,462$44,860,028$23,459,709$204,624,529
91$373,546,730$46,886,436$24,073,875$224,130,732
92$411,471,353$49,006,728$24,703,207$245,570,887
93$453,258,708$51,225,335$25,348,042$269,139,867
94$499,302,618$53,546,897$26,008,722$295,052,316
95$550,037,069$55,976,280$26,685,599$323,544,660
96$605,940,310$58,518,577$27,379,026$354,877,321
97$667,539,365$61,179,131$28,089,367$389,337,165
98$735,415,007$63,963,535$28,816,988$427,240,187
99$810,207,244$66,877,654$29,562,263$468,934,482
100$892,621,355$69,927,632$30,325,571$514,803,510