Can I retire at age 52 with 8,400,000?

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 $8,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$693,664$687,485$681,457$675,573$669,828$657,649
2 years$343,398$337,003$330,804$324,795$318,966$306,739
3 years$226,658$220,235$214,052$208,099$202,365$190,472
4 years$168,299$161,896$155,775$149,924$144,328$132,860
5 years$133,293$126,928$120,888$115,156$109,716$98,706
6 years$109,964$103,647$97,695$92,091$86,815$76,274
7 years$93,306$87,042$81,185$75,713$70,604$60,536
8 years$80,819$74,611$68,852$63,514$58,572$48,976
9 years$71,111$64,963$59,302$54,100$49,326$40,194
10 years$63,350$57,261$51,701$46,634$42,029$33,353
11 years$57,004$50,976$45,517$40,586$36,146$27,917
12 years$51,719$45,754$40,395$35,599$31,323$23,530
13 years$47,251$41,348$36,090$31,429$27,315$19,944
14 years$43,425$37,584$32,427$27,899$23,944$16,984
15 years$40,111$34,334$29,277$24,881$21,082$14,518
16 years$37,215$31,501$26,544$22,278$18,632$12,450
17 years$34,662$29,011$24,154$20,017$16,521$10,706
18 years$32,396$26,807$22,050$18,039$14,689$9,227
19 years$30,370$24,845$20,185$16,300$13,093$7,968
20 years$28,549$23,087$18,525$14,763$11,695$6,892
21 years$26,904$21,505$17,040$13,398$10,466$5,970
22 years$25,410$20,074$15,705$12,182$9,381$5,177
23 years$24,048$18,775$14,500$11,094$8,421$4,495
24 years$22,802$17,591$13,410$10,119$7,569$3,906
25 years$21,656$16,508$12,421$9,241$6,811$3,396
26 years$20,601$15,515$11,520$8,449$6,135$2,955
27 years$19,626$14,601$10,697$7,734$5,531$2,573
28 years$18,722$13,759$9,944$7,086$4,991$2,242
29 years$17,882$12,980$9,254$6,498$4,507$1,954
30 years$17,099$12,258$8,620$5,964$4,072$1,703
31 years$16,368$11,588$8,036$5,477$3,682$1,486
32 years$15,684$10,964$7,498$5,034$3,330$1,296
33 years$15,043$10,383$7,001$4,629$3,014$1,131
34 years$14,441$9,841$6,541$4,259$2,729$987
35 years$13,875$9,334$6,115$3,921$2,471$862
36 years$13,341$8,860$5,721$3,611$2,239$752
37 years$12,837$8,415$5,354$3,327$2,030$657
38 years$12,361$7,997$5,014$3,066$1,840$574
39 years$11,911$7,604$4,698$2,827$1,669$501
40 years$11,484$7,235$4,403$2,608$1,513$438
41 years$11,079$6,887$4,129$2,406$1,373$383
42 years$10,694$6,559$3,873$2,221$1,246$334
43 years$10,329$6,249$3,634$2,050$1,131$292
44 years$9,980$5,957$3,411$1,893$1,026$255
45 years$9,649$5,680$3,203$1,748$932$223
46 years$9,332$5,419$3,009$1,615$846$195
47 years$9,030$5,171$2,826$1,492$768$170
48 years$8,741$4,937$2,656$1,378$698$149
49 years$8,465$4,714$2,497$1,274$634$130
50 years$8,201$4,503$2,347$1,177$575$114

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,400,000, adding $5,324 every year, while hoping to spend $22,107 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: 48/37/15 Blend
51$8,400,000$8,400,000$8,400,000$8,400,000
52$9,262,292$8,817,092$8,686,892$9,667,849
53$10,183,524$9,225,608$8,954,381$10,357,261
54$11,197,981$9,653,400$9,230,090$11,102,702
55$12,315,148$10,101,389$9,514,271$11,911,628
56$13,545,478$10,570,542$9,807,184$12,789,981
57$14,900,488$11,061,870$10,109,096$13,744,289
58$16,392,870$11,576,435$10,420,284$14,781,720
59$18,036,611$12,115,348$10,741,031$15,910,147
60$19,847,120$12,679,775$11,071,631$17,138,221
61$21,841,381$13,270,938$11,412,385$18,475,445
62$24,038,107$13,890,119$11,763,605$19,932,264
63$26,457,919$14,538,661$12,125,611$21,520,157
64$29,123,542$15,217,970$12,498,734$23,251,742
65$32,060,016$15,929,524$12,883,314$25,140,889
66$35,294,936$16,674,868$13,279,703$27,202,850
67$38,858,708$17,455,626$13,688,262$29,454,396
68$42,784,842$18,273,497$14,109,364$31,913,967
69$47,110,261$19,130,263$14,543,394$34,601,849
70$51,875,656$20,027,795$14,990,746$37,540,349
71$57,125,866$20,968,050$15,451,829$40,754,012
72$62,910,303$21,953,082$15,927,063$44,269,835
73$69,283,416$22,985,046$16,416,883$48,117,523
74$76,305,210$24,066,198$16,921,733$52,329,762
75$84,041,805$25,198,906$17,442,075$56,942,518
76$92,566,067$26,385,650$17,978,382$61,995,369
77$101,958,291$27,629,033$18,531,144$67,531,876
78$112,306,963$28,931,781$19,100,863$73,599,978
79$123,709,591$30,296,756$19,688,059$80,252,446
80$136,273,627$31,726,955$20,293,267$87,547,363
81$150,117,483$33,225,521$20,917,038$95,548,671
82$165,371,646$34,795,752$21,559,939$104,326,760
83$182,179,913$36,441,103$22,222,555$113,959,125
84$200,700,744$38,165,197$22,905,491$124,531,084
85$221,108,763$39,971,834$23,609,368$136,136,578
86$243,596,400$41,864,998$24,334,825$148,879,040
87$268,375,714$43,848,864$25,082,523$162,872,365
88$295,680,392$45,927,813$25,853,142$178,241,968
89$325,767,953$48,106,437$26,647,384$195,125,959
90$358,922,182$50,389,551$27,465,969$213,676,430
91$395,455,809$52,782,202$28,309,643$234,060,875
92$435,713,457$55,289,686$29,179,172$256,463,763
93$480,074,902$57,917,553$30,075,347$281,088,256
94$528,958,653$60,671,624$30,998,981$308,158,113
95$582,825,904$63,558,002$31,950,915$337,919,788
96$642,184,888$66,583,086$32,932,013$370,644,734
97$707,595,678$69,753,588$33,943,167$406,631,949
98$779,675,467$73,076,545$34,985,293$446,210,778
99$859,104,404$76,559,335$36,059,340$489,744,004
100$946,632,007$80,209,695$37,166,281$537,631,245