Can I retire at age 52 with 8,500,000?

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 $8,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$701,922$695,670$689,570$683,616$677,802$660,612
2 years$347,486$341,015$334,743$328,661$322,763$305,556
3 years$229,356$222,857$216,601$210,577$204,774$188,088
4 years$170,303$163,823$157,630$151,709$146,047$130,010
5 years$134,880$128,439$122,327$116,527$111,022$95,680
6 years$111,273$104,880$98,859$93,187$87,848$73,215
7 years$94,417$88,078$82,152$76,614$71,444$57,522
8 years$81,781$75,500$69,671$64,270$59,270$46,051
9 years$71,958$65,736$60,008$54,744$49,914$37,388
10 years$64,104$57,943$52,316$47,190$42,529$30,681
11 years$57,683$51,583$46,058$41,069$36,576$25,389
12 years$52,335$46,298$40,876$36,023$31,696$21,150
13 years$47,814$41,840$36,520$31,803$27,640$17,713
14 years$43,942$38,032$32,813$28,231$24,229$14,900
15 years$40,589$34,743$29,626$25,177$21,333$12,579
16 years$37,658$31,876$26,860$22,544$18,854$10,650
17 years$35,075$29,356$24,442$20,255$16,717$9,040
18 years$32,781$27,126$22,312$18,254$14,864$7,689
19 years$30,731$25,141$20,426$16,494$13,249$6,552
20 years$28,889$23,362$18,746$14,939$11,834$5,591
21 years$27,224$21,761$17,242$13,558$10,590$4,776
22 years$25,712$20,313$15,892$12,327$9,493$4,085
23 years$24,334$18,998$14,673$11,226$8,521$3,497
24 years$23,073$17,800$13,570$10,239$7,659$2,996
25 years$21,914$16,704$12,569$9,351$6,892$2,568
26 years$20,847$15,699$11,657$8,550$6,208$2,203
27 years$19,860$14,775$10,824$7,826$5,597$1,890
28 years$18,945$13,922$10,063$7,170$5,050$1,623
29 years$18,094$13,134$9,364$6,575$4,560$1,393
30 years$17,302$12,404$8,722$6,035$4,121$1,197
31 years$16,563$11,726$8,132$5,542$3,725$1,029
32 years$15,871$11,095$7,587$5,093$3,370$884
33 years$15,222$10,507$7,084$4,684$3,050$760
34 years$14,613$9,958$6,619$4,310$2,761$653
35 years$14,040$9,445$6,188$3,967$2,501$562
36 years$13,500$8,965$5,789$3,654$2,266$483
37 years$12,990$8,515$5,418$3,366$2,054$415
38 years$12,509$8,092$5,074$3,103$1,862$357
39 years$12,053$7,695$4,754$2,861$1,688$307
40 years$11,621$7,321$4,456$2,639$1,531$264
41 years$11,211$6,969$4,178$2,435$1,389$227
42 years$10,822$6,637$3,919$2,247$1,261$196
43 years$10,452$6,324$3,678$2,074$1,144$168
44 years$10,099$6,028$3,452$1,915$1,039$145
45 years$9,763$5,748$3,241$1,769$943$125
46 years$9,443$5,483$3,044$1,634$856$107
47 years$9,138$5,233$2,860$1,509$777$92
48 years$8,846$4,995$2,688$1,395$706$79
49 years$8,566$4,770$2,526$1,289$641$68
50 years$8,299$4,557$2,375$1,191$582$59

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,500,000, adding $2,486 every year, while hoping to spend $40,333 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: 79/9/12 Blend
51$8,500,000$8,500,000$8,500,000$8,500,000
52$9,369,564$8,919,064$8,787,314$10,088,579
53$10,282,346$9,313,184$9,038,775$10,955,671
54$11,286,879$9,725,265$9,297,309$11,901,286
55$12,392,481$10,156,143$9,563,108$12,937,568
56$13,609,415$10,606,695$9,836,374$14,073,562
57$14,948,994$11,077,841$10,117,310$15,319,227
58$16,423,679$11,570,543$10,406,128$16,685,530
59$18,047,203$12,085,809$10,703,042$18,184,548
60$19,834,699$12,624,694$11,008,275$19,829,581
61$21,802,839$13,188,305$11,322,053$21,635,280
62$23,969,997$13,777,801$11,644,611$23,617,777
63$26,356,419$14,394,395$11,976,187$25,794,841
64$28,984,412$15,039,359$12,317,028$28,186,046
65$31,878,559$15,714,024$12,667,385$30,812,948
66$35,065,948$16,419,787$13,027,518$33,699,295
67$38,576,427$17,158,110$13,397,693$36,871,242
68$42,442,889$17,930,523$13,778,182$40,357,603
69$46,701,577$18,738,632$14,169,264$44,190,119
70$51,392,431$19,584,118$14,571,227$48,403,754
71$56,559,462$20,468,742$14,984,366$53,037,027
72$62,251,167$21,394,351$15,408,983$58,132,369
73$68,520,990$22,362,878$15,845,388$63,736,530
74$75,427,820$23,376,349$16,293,898$69,901,009
75$83,036,555$24,436,887$16,754,841$76,682,543
76$91,418,707$25,546,717$17,228,551$84,143,643
77$100,653,079$26,708,170$17,715,371$92,353,177
78$110,826,511$27,923,689$18,215,655$101,387,019
79$122,034,699$29,195,833$18,729,762$111,328,767
80$134,383,094$30,527,285$19,258,065$122,270,525
81$147,987,902$31,920,854$19,800,943$134,313,771
82$162,977,179$33,379,487$20,358,785$147,570,316
83$179,492,039$34,906,270$20,931,993$162,163,352
84$197,687,988$36,504,438$21,520,975$178,228,614
85$217,736,388$38,177,381$22,126,153$195,915,661
86$239,826,077$39,928,651$22,747,957$215,389,282
87$264,165,154$41,761,971$23,386,830$236,831,046
88$290,982,935$43,681,244$24,043,225$260,441,021
89$320,532,128$45,690,558$24,717,607$286,439,650
90$353,091,211$47,794,200$25,410,452$315,069,835
91$388,967,060$49,996,663$26,122,248$346,599,222
92$428,497,854$52,302,653$26,853,497$381,322,730
93$472,056,258$54,717,105$27,604,712$419,565,322
94$520,052,945$57,245,192$28,376,418$461,685,078
95$572,940,472$59,892,334$29,169,155$508,076,562
96$631,217,555$62,664,212$29,983,476$559,174,553
97$695,433,770$65,566,784$30,819,948$615,458,133
98$766,194,748$68,606,290$31,679,149$677,455,214
99$844,167,888$71,789,273$32,561,677$745,747,513
100$930,088,659$75,122,594$33,468,139$820,976,037