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

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 $8,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$685,406$679,301$673,344$667,531$661,854$656,034
2 years$339,310$332,991$326,866$320,928$315,168$309,304
3 years$223,960$217,613$211,504$205,622$199,956$194,229
4 years$166,296$159,969$153,921$148,139$142,610$137,064
5 years$131,707$125,417$119,449$113,785$108,410$103,061
6 years$108,655$102,413$96,532$90,995$85,781$80,636
7 years$92,195$86,006$80,219$74,812$69,763$64,825
8 years$79,857$73,723$68,032$62,758$57,875$53,143
9 years$70,265$64,189$58,596$53,456$48,739$44,212
10 years$62,596$56,580$51,085$46,079$41,528$37,203
11 years$56,325$50,370$44,975$40,103$35,716$31,589
12 years$51,104$45,209$39,914$35,176$30,950$27,019
13 years$46,689$40,856$35,660$31,055$26,989$23,249
14 years$42,908$37,137$32,041$27,567$23,659$20,104
15 years$39,634$33,925$28,929$24,585$20,831$17,456
16 years$36,772$31,126$26,228$22,013$18,411$15,211
17 years$34,250$28,665$23,867$19,779$16,324$13,294
18 years$32,010$26,488$21,787$17,824$14,515$11,649
19 years$30,008$24,549$19,945$16,106$12,937$10,229
20 years$28,209$22,812$18,305$14,587$11,556$9,000
21 years$26,583$21,249$16,837$13,239$10,341$7,931
22 years$25,107$19,835$15,518$12,037$9,269$7,000
23 years$23,762$18,551$14,328$10,962$8,321$6,185
24 years$22,530$17,381$13,251$9,998$7,479$5,472
25 years$21,399$16,311$12,273$9,131$6,730$4,845
26 years$20,356$15,330$11,382$8,349$6,062$4,294
27 years$19,392$14,427$10,570$7,642$5,465$3,808
28 years$18,499$13,595$9,826$7,002$4,931$3,380
29 years$17,669$12,825$9,144$6,421$4,453$3,001
30 years$16,895$12,112$8,517$5,893$4,024$2,666
31 years$16,173$11,450$7,940$5,412$3,638$2,370
32 years$15,497$10,834$7,408$4,974$3,291$2,107
33 years$14,864$10,260$6,917$4,574$2,978$1,874
34 years$14,269$9,724$6,463$4,208$2,696$1,668
35 years$13,710$9,223$6,042$3,874$2,442$1,484
36 years$13,182$8,754$5,653$3,568$2,213$1,322
37 years$12,685$8,314$5,291$3,287$2,005$1,177
38 years$12,214$7,902$4,955$3,030$1,818$1,048
39 years$11,769$7,514$4,642$2,794$1,649$934
40 years$11,347$7,149$4,351$2,577$1,495$832
41 years$10,947$6,805$4,080$2,377$1,357$741
42 years$10,567$6,481$3,827$2,194$1,231$661
43 years$10,206$6,175$3,591$2,025$1,117$589
44 years$9,862$5,886$3,371$1,870$1,014$525
45 years$9,534$5,613$3,165$1,727$921$468
46 years$9,221$5,354$2,973$1,595$836$417
47 years$8,923$5,110$2,793$1,474$759$372
48 years$8,637$4,878$2,624$1,362$689$331
49 years$8,365$4,658$2,467$1,259$626$296
50 years$8,104$4,450$2,319$1,163$569$264

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 $4,438 every year, while hoping to spend $56,784 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: 31/39/30 Blend
51$8,300,000$8,300,000$8,300,000$8,300,000
52$9,151,178$8,711,278$8,582,628$9,350,862
53$10,024,180$9,077,713$8,809,728$9,873,372
54$10,984,326$9,460,200$9,042,533$10,430,153
55$12,040,443$9,859,465$9,281,174$11,028,397
56$13,202,259$10,276,270$9,525,784$11,671,780
57$14,480,492$10,711,410$9,776,500$12,364,332
58$15,886,950$11,165,717$10,033,461$13,110,469
59$17,434,644$11,640,062$10,296,807$13,915,037
60$19,137,911$12,135,358$10,566,683$14,783,352
61$21,012,546$12,652,559$10,843,236$15,721,246
62$23,075,955$13,192,664$11,126,613$16,735,120
63$25,347,316$13,756,718$11,416,968$17,831,999
64$27,847,760$14,345,815$11,714,455$19,019,600
65$30,600,573$14,961,101$12,019,230$20,306,394
66$33,631,412$15,603,775$12,331,455$21,701,687
67$36,968,547$16,275,092$12,651,290$23,215,699
68$40,643,133$16,976,366$12,978,902$24,859,664
69$44,689,496$17,708,971$13,314,459$26,645,922
70$49,145,462$18,474,348$13,658,130$28,588,038
71$54,052,712$19,274,004$14,010,091$30,700,921
72$59,457,175$20,109,517$14,370,516$33,000,963
73$65,409,464$20,982,539$14,739,584$35,506,184
74$71,965,346$21,894,801$15,117,478$38,236,401
75$79,186,279$22,848,114$15,504,380$41,213,407
76$87,139,981$23,844,373$15,900,479$44,461,169
77$95,901,077$24,885,565$16,305,963$48,006,053
78$105,551,798$25,973,769$16,721,024$51,877,061
79$116,182,761$27,111,163$17,145,858$56,106,101
80$127,893,819$28,300,027$17,580,660$60,728,278
81$140,795,008$29,542,748$18,025,632$65,782,223
82$155,007,584$30,841,827$18,480,975$71,310,444
83$170,665,163$32,199,883$18,946,894$77,359,723
84$187,914,990$33,619,657$19,423,596$83,981,547
85$206,919,322$35,104,024$19,911,289$91,232,588
86$227,856,962$36,655,989$20,410,186$99,175,224
87$250,924,944$38,278,705$20,920,499$107,878,122
88$276,340,398$39,975,471$21,442,445$117,416,875
89$304,342,593$41,749,743$21,976,242$127,874,703
90$335,195,199$43,605,143$22,522,107$139,343,232
91$369,188,775$45,545,461$23,080,264$151,923,342
92$406,643,512$47,574,670$23,650,935$165,726,111
93$447,912,253$49,696,931$24,234,343$180,873,850
94$493,383,824$51,916,603$24,830,716$197,501,243
95$543,486,709$54,238,250$25,440,279$215,756,608
96$598,693,086$56,666,658$26,063,261$235,803,278
97$659,523,292$59,206,835$26,699,892$257,821,131
98$726,550,730$61,864,032$27,350,400$282,008,272
99$800,407,282$64,643,747$28,015,016$308,582,888
100$881,789,276$67,551,742$28,693,971$337,785,287