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

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 $8,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$701,922$695,670$689,570$683,616$677,802$653,233
2 years$347,486$341,015$334,743$328,661$322,763$298,280
3 years$229,356$222,857$216,601$210,577$204,774$181,147
4 years$170,303$163,823$157,630$151,709$146,047$123,455
5 years$134,880$128,439$122,327$116,527$111,022$89,526
6 years$111,273$104,880$98,859$93,187$87,848$67,462
7 years$94,417$88,078$82,152$76,614$71,444$52,164
8 years$81,781$75,500$69,671$64,270$59,270$41,079
9 years$71,958$65,736$60,008$54,744$49,914$32,787
10 years$64,104$57,943$52,316$47,190$42,529$26,437
11 years$57,683$51,583$46,058$41,069$36,576$21,485
12 years$52,335$46,298$40,876$36,023$31,696$17,569
13 years$47,814$41,840$36,520$31,803$27,640$14,438
14 years$43,942$38,032$32,813$28,231$24,229$11,911
15 years$40,589$34,743$29,626$25,177$21,333$9,859
16 years$37,658$31,876$26,860$22,544$18,854$8,181
17 years$35,075$29,356$24,442$20,255$16,717$6,803
18 years$32,781$27,126$22,312$18,254$14,864$5,667
19 years$30,731$25,141$20,426$16,494$13,249$4,728
20 years$28,889$23,362$18,746$14,939$11,834$3,949
21 years$27,224$21,761$17,242$13,558$10,590$3,302
22 years$25,712$20,313$15,892$12,327$9,493$2,763
23 years$24,334$18,998$14,673$11,226$8,521$2,313
24 years$23,073$17,800$13,570$10,239$7,659$1,938
25 years$21,914$16,704$12,569$9,351$6,892$1,625
26 years$20,847$15,699$11,657$8,550$6,208$1,363
27 years$19,860$14,775$10,824$7,826$5,597$1,143
28 years$18,945$13,922$10,063$7,170$5,050$959
29 years$18,094$13,134$9,364$6,575$4,560$805
30 years$17,302$12,404$8,722$6,035$4,121$676
31 years$16,563$11,726$8,132$5,542$3,725$567
32 years$15,871$11,095$7,587$5,093$3,370$476
33 years$15,222$10,507$7,084$4,684$3,050$400
34 years$14,613$9,958$6,619$4,310$2,761$336
35 years$14,040$9,445$6,188$3,967$2,501$282
36 years$13,500$8,965$5,789$3,654$2,266$237
37 years$12,990$8,515$5,418$3,366$2,054$199
38 years$12,509$8,092$5,074$3,103$1,862$167
39 years$12,053$7,695$4,754$2,861$1,688$141
40 years$11,621$7,321$4,456$2,639$1,531$118
41 years$11,211$6,969$4,178$2,435$1,389$99
42 years$10,822$6,637$3,919$2,247$1,261$83
43 years$10,452$6,324$3,678$2,074$1,144$70
44 years$10,099$6,028$3,452$1,915$1,039$59
45 years$9,763$5,748$3,241$1,769$943$49
46 years$9,443$5,483$3,044$1,634$856$42
47 years$9,138$5,233$2,860$1,509$777$35
48 years$8,846$4,995$2,688$1,395$706$29
49 years$8,566$4,770$2,526$1,289$641$25
50 years$8,299$4,557$2,375$1,191$582$21

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 $3,452 every year, while hoping to spend $51,835 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: 45/48/7 Blend
51$8,500,000$8,500,000$8,500,000$8,500,000
52$9,370,561$8,920,061$8,788,311$9,773,825
53$10,271,206$9,301,992$9,027,567$10,434,287
54$11,261,980$9,700,900$9,273,101$11,144,358
55$12,352,020$10,117,563$9,525,069$11,913,064
56$13,551,396$10,552,793$9,783,629$12,745,821
57$14,871,202$11,007,444$10,048,944$13,648,569
58$16,323,662$11,482,405$10,321,180$14,627,832
59$17,922,243$11,978,611$10,600,508$15,690,772
60$19,681,788$12,497,039$10,887,100$16,845,252
61$21,618,647$13,038,711$11,181,135$18,099,910
62$23,750,839$13,604,698$11,482,794$19,464,234
63$26,098,219$14,196,122$11,792,261$20,948,646
64$28,682,662$14,814,156$12,109,726$22,564,601
65$31,528,274$15,460,031$12,435,383$24,324,686
66$34,661,619$16,135,033$12,769,429$26,242,736
67$38,111,964$16,840,510$13,112,066$28,333,959
68$41,911,563$17,577,874$13,463,499$30,615,075
69$46,095,955$18,348,602$13,823,938$33,104,466
70$50,704,301$19,154,243$14,193,599$35,822,349
71$55,779,756$19,996,416$14,572,700$38,790,955
72$61,369,870$20,876,819$14,961,464$42,034,737
73$67,527,044$21,797,231$15,360,121$45,580,591
74$74,309,020$22,759,513$15,768,902$49,458,105
75$81,779,425$23,765,614$16,188,045$53,699,833
76$90,008,374$24,817,576$16,617,793$58,341,590
77$99,073,130$25,917,540$17,058,391$63,422,786
78$109,058,835$27,067,745$17,510,093$68,986,789
79$120,059,309$28,270,538$17,973,154$75,081,325
80$132,177,941$29,528,376$18,447,836$81,758,922
81$145,528,659$30,843,835$18,934,407$89,077,391
82$160,237,010$32,219,611$19,433,138$97,100,372
83$176,441,343$33,658,529$19,944,306$105,897,911
84$194,294,113$35,163,550$20,468,193$115,547,125
85$213,963,321$36,737,773$21,005,086$126,132,905
86$235,634,102$38,384,446$21,555,279$137,748,718
87$259,510,468$40,106,971$22,119,068$150,497,468
88$285,817,236$41,908,913$22,696,757$164,492,459
89$314,802,151$43,794,006$23,288,655$179,858,451
90$346,738,221$45,766,163$23,895,076$196,732,821
91$381,926,297$47,829,483$24,516,338$215,266,848
92$420,697,911$49,988,260$25,152,768$235,627,127
93$463,418,407$52,246,993$25,804,694$257,997,119
94$510,490,386$54,610,398$26,472,453$282,578,876
95$562,357,512$57,083,413$27,156,386$309,594,920
96$619,508,693$59,671,215$27,856,840$339,290,333
97$682,482,702$62,379,227$28,574,167$371,935,051
98$751,873,259$65,213,131$29,308,723$407,826,385
99$828,334,640$68,178,882$30,060,873$447,291,816
100$912,587,845$71,282,720$30,830,985$490,692,058