Can I retire at age 52 with 8,600,000?

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 $8,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$710,180$703,854$697,682$691,658$685,776$682,886
2 years$351,574$345,026$338,681$332,528$326,560$323,643
3 years$232,055$225,479$219,149$213,054$207,183$204,329
4 years$172,307$165,751$159,484$153,493$147,765$144,995
5 years$136,467$129,951$123,766$117,898$112,328$109,651
6 years$112,582$106,114$100,022$94,284$88,882$86,301
7 years$95,528$89,115$83,118$77,516$72,285$69,801
8 years$82,743$76,388$70,491$65,026$59,967$57,582
9 years$72,804$66,509$60,714$55,388$50,501$48,213
10 years$64,858$58,625$52,932$47,745$43,029$40,838
11 years$58,361$52,190$46,600$41,552$37,007$34,910
12 years$52,951$46,843$41,357$36,447$32,069$30,066
13 years$48,376$42,332$36,949$32,177$27,965$26,053
14 years$44,459$38,479$33,199$28,563$24,514$22,691
15 years$41,066$35,151$29,974$25,473$21,584$19,848
16 years$38,101$32,251$27,176$22,809$19,076$17,425
17 years$35,488$29,702$24,729$20,493$16,914$15,345
18 years$33,167$27,446$22,575$18,469$15,039$13,550
19 years$31,093$25,436$20,666$16,688$13,405$11,993
20 years$29,229$23,637$18,966$15,114$11,973$10,636
21 years$27,544$22,017$17,445$13,717$10,715$9,450
22 years$26,015$20,552$16,078$12,472$9,604$8,408
23 years$24,621$19,222$14,846$11,359$8,621$7,492
24 years$23,344$18,009$13,730$10,360$7,749$6,684
25 years$22,172$16,901$12,716$9,461$6,973$5,969
26 years$21,092$15,884$11,794$8,651$6,281$5,335
27 years$20,093$14,949$10,952$7,918$5,663$4,773
28 years$19,168$14,086$10,181$7,255$5,110$4,273
29 years$18,307$13,289$9,474$6,653$4,614$3,828
30 years$17,506$12,550$8,825$6,106$4,169$3,431
31 years$16,758$11,864$8,227$5,607$3,769$3,077
32 years$16,058$11,225$7,676$5,153$3,409$2,761
33 years$15,401$10,631$7,167$4,739$3,086$2,478
34 years$14,785$10,076$6,697$4,360$2,794$2,226
35 years$14,205$9,556$6,261$4,014$2,530$1,999
36 years$13,659$9,070$5,857$3,697$2,293$1,796
37 years$13,143$8,615$5,482$3,406$2,078$1,614
38 years$12,656$8,187$5,134$3,139$1,884$1,451
39 years$12,195$7,785$4,810$2,895$1,708$1,305
40 years$11,758$7,407$4,508$2,670$1,549$1,174
41 years$11,343$7,051$4,227$2,463$1,406$1,056
42 years$10,949$6,715$3,965$2,273$1,276$950
43 years$10,575$6,398$3,721$2,099$1,158$855
44 years$10,218$6,099$3,493$1,938$1,051$769
45 years$9,878$5,816$3,279$1,790$954$692
46 years$9,554$5,548$3,080$1,653$866$623
47 years$9,245$5,294$2,894$1,527$786$561
48 years$8,950$5,054$2,719$1,411$714$505
49 years$8,667$4,826$2,556$1,304$649$455
50 years$8,397$4,610$2,403$1,205$589$409

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,600,000, adding $2,955 every year, while hoping to spend $49,839 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: 60/29/11 Blend
51$8,600,000$8,600,000$8,600,000$8,600,000
52$9,480,248$9,024,448$8,891,148$10,024,216
53$10,394,205$9,413,618$9,135,973$10,779,182
54$11,399,715$9,820,186$9,387,330$11,596,416
55$12,506,065$10,244,954$9,645,383$12,486,625
56$13,723,484$10,688,757$9,910,305$13,456,851
57$15,063,247$11,152,474$10,182,268$14,514,833
58$16,537,775$11,637,022$10,461,450$15,669,083
59$18,160,754$12,143,362$10,748,035$16,928,966
60$19,947,265$12,672,501$11,042,208$18,304,778
61$21,913,925$13,225,493$11,344,161$19,807,851
62$24,079,044$13,803,440$11,654,088$21,450,648
63$26,462,796$14,407,498$11,972,190$23,246,883
64$29,087,413$15,038,877$12,298,670$25,211,648
65$31,977,391$15,698,845$12,633,738$27,361,549
66$35,159,724$16,388,727$12,977,607$29,714,861
67$38,664,155$17,109,914$13,330,496$32,291,698
68$42,523,459$17,863,860$13,692,628$35,114,201
69$46,773,752$18,652,089$14,064,232$38,206,739
70$51,454,832$19,476,199$14,445,541$41,596,137
71$56,610,552$20,337,859$14,836,793$45,311,928
72$62,289,236$21,238,822$15,238,233$49,386,624
73$68,544,134$22,180,921$15,650,111$53,856,021
74$75,433,926$23,166,076$16,072,680$58,759,532
75$83,023,274$24,196,301$16,506,201$64,140,551
76$91,383,429$25,273,701$16,950,941$70,046,863
77$100,592,912$26,400,486$17,407,170$76,531,088
78$110,738,246$27,578,966$17,875,167$83,651,171
79$121,914,777$28,811,565$18,355,215$91,470,923
80$134,227,572$30,100,820$18,847,603$100,060,621
81$147,792,414$31,449,390$19,352,627$109,497,662
82$162,736,889$32,860,059$19,870,589$119,867,287
83$179,201,594$34,335,744$20,401,796$131,263,384
84$197,341,464$35,879,503$20,946,563$143,789,359
85$217,327,232$37,494,537$21,505,212$157,559,114
86$239,347,041$39,184,201$22,078,068$172,698,106
87$263,608,223$40,952,010$22,665,467$189,344,531
88$290,339,250$42,801,647$23,267,749$207,650,614
89$319,791,897$44,736,971$23,885,261$227,784,042
90$352,243,611$46,762,024$24,518,359$249,929,534
91$388,000,139$48,881,042$25,167,402$274,290,579
92$427,398,403$51,098,463$25,832,761$301,091,344
93$470,809,692$53,418,940$26,514,810$330,578,782
94$518,643,157$55,847,344$27,213,932$363,024,951
95$571,349,678$58,388,783$27,930,518$398,729,569
96$629,426,119$61,048,607$28,664,964$438,022,839
97$693,420,018$63,832,423$29,417,675$481,268,543
98$763,934,756$66,746,109$30,189,064$528,867,473
99$841,635,254$69,795,821$30,979,550$581,261,195
100$927,254,246$72,988,012$31,789,561$638,936,205