Can I retire at age 52 with 8,700,000?

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 $8,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$718,438$712,038$705,795$699,701$693,750$671,274
2 years$355,662$349,038$342,619$336,395$330,357$307,924
3 years$234,753$228,100$221,697$215,531$209,592$187,906
4 years$174,310$167,678$161,339$155,278$149,483$128,709
5 years$138,054$131,462$125,205$119,269$113,635$93,829
6 years$113,891$107,348$101,185$95,380$89,915$71,095
7 years$96,638$90,151$84,085$78,417$73,125$55,287
8 years$83,705$77,276$71,311$65,782$60,664$43,797
9 years$73,651$67,283$61,420$56,032$51,088$35,171
10 years$65,612$59,306$53,547$48,300$43,530$28,539
11 years$59,040$52,797$47,142$42,035$37,437$23,344
12 years$53,566$47,388$41,837$36,871$32,442$19,217
13 years$48,939$42,825$37,379$32,551$28,290$15,900
14 years$44,976$38,926$33,585$28,895$24,799$13,209
15 years$41,544$35,560$30,323$25,770$21,835$11,011
16 years$38,544$32,626$27,492$23,074$19,298$9,203
17 years$35,900$30,047$25,017$20,732$17,111$7,710
18 years$33,553$27,765$22,837$18,683$15,214$6,471
19 years$31,454$25,732$20,906$16,882$13,561$5,439
20 years$29,569$23,911$19,187$15,290$12,113$4,578
21 years$27,864$22,273$17,648$13,877$10,839$3,857
22 years$26,317$20,791$16,265$12,617$9,716$3,253
23 years$24,907$19,445$15,018$11,491$8,722$2,746
24 years$23,616$18,219$13,889$10,480$7,839$2,319
25 years$22,430$17,097$12,864$9,571$7,054$1,959
26 years$21,337$16,069$11,931$8,751$6,354$1,656
27 years$20,327$15,123$11,079$8,010$5,729$1,401
28 years$19,390$14,250$10,299$7,339$5,169$1,185
29 years$18,520$13,443$9,584$6,730$4,668$1,003
30 years$17,709$12,696$8,928$6,177$4,217$849
31 years$16,953$12,002$8,323$5,673$3,813$718
32 years$16,244$11,356$7,765$5,213$3,449$608
33 years$15,580$10,754$7,251$4,794$3,121$515
34 years$14,957$10,193$6,775$4,411$2,826$436
35 years$14,370$9,668$6,334$4,061$2,560$370
36 years$13,818$9,176$5,925$3,740$2,319$313
37 years$13,296$8,715$5,546$3,446$2,102$265
38 years$12,803$8,282$5,193$3,176$1,906$225
39 years$12,336$7,876$4,866$2,928$1,728$190
40 years$11,894$7,493$4,561$2,701$1,567$161
41 years$11,475$7,133$4,276$2,492$1,422$137
42 years$11,076$6,793$4,011$2,300$1,290$116
43 years$10,697$6,472$3,764$2,123$1,171$98
44 years$10,337$6,169$3,533$1,960$1,063$83
45 years$9,993$5,883$3,318$1,810$965$70
46 years$9,665$5,612$3,116$1,672$876$60
47 years$9,353$5,356$2,927$1,545$796$51
48 years$9,054$5,113$2,751$1,428$723$43
49 years$8,768$4,883$2,586$1,319$656$36
50 years$8,494$4,664$2,431$1,219$596$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,700,000, adding $3,276 every year, while hoping to spend $23,066 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: 22/49/29 Blend
51$8,700,000$8,700,000$8,700,000$8,700,000
52$9,590,779$9,129,679$8,994,829$9,713,630
53$10,544,497$9,552,491$9,271,614$10,246,704
54$11,594,720$9,995,248$9,556,898$10,814,449
55$12,751,269$10,458,903$9,850,941$11,421,340
56$14,024,963$10,944,454$10,154,013$12,070,594
57$15,427,726$11,452,949$10,466,389$12,765,722
58$16,972,695$11,985,485$10,788,354$13,510,560
59$18,674,349$12,543,212$11,120,202$14,309,297
60$20,548,640$13,127,337$11,462,237$15,166,511
61$22,613,148$13,739,123$11,814,768$16,087,208
62$24,887,245$14,379,896$12,178,119$17,076,861
63$27,392,278$15,051,045$12,552,620$18,141,460
64$30,151,770$15,754,026$12,938,613$19,287,557
65$33,191,643$16,490,366$13,336,449$20,522,329
66$36,540,462$17,261,665$13,746,491$21,853,630
67$40,229,703$18,069,600$14,169,112$23,290,068
68$44,294,053$18,915,931$14,604,698$24,841,070
69$48,771,736$19,802,501$15,053,645$26,516,970
70$53,704,873$20,731,243$15,516,361$28,329,097
71$59,139,880$21,704,184$15,993,269$30,289,872
72$65,127,906$22,723,448$16,484,803$32,412,917
73$71,725,318$23,791,262$16,991,409$34,713,176
74$78,994,228$24,909,962$17,513,549$37,207,047
75$87,003,085$26,081,995$18,051,698$39,912,526
76$95,827,315$27,309,928$18,606,345$42,849,364
77$105,550,039$28,596,453$19,177,996$46,039,249
78$116,262,853$29,944,389$19,767,169$49,505,992
79$128,066,696$31,356,696$20,374,401$53,275,746
80$141,072,800$32,836,475$21,000,244$57,377,239
81$155,403,740$34,386,976$21,645,266$61,842,028
82$171,194,593$36,011,610$22,310,055$66,704,791
83$188,594,213$37,713,951$22,995,213$72,003,634
84$207,766,635$39,497,746$23,701,365$77,780,439
85$228,892,621$41,366,925$24,429,150$84,081,242
86$252,171,372$43,325,609$25,179,231$90,956,652
87$277,822,405$45,378,116$25,952,287$98,462,316
88$306,087,624$47,528,977$26,749,023$106,659,418
89$337,233,606$49,782,942$27,570,159$115,615,246
90$371,554,117$52,144,989$28,416,443$125,403,803
91$409,372,885$54,620,342$29,288,642$136,106,489
92$451,046,655$57,214,474$30,187,547$147,812,844
93$496,968,558$59,933,128$31,113,975$160,621,375
94$547,571,823$62,782,323$32,068,764$174,640,460
95$603,333,863$65,768,371$33,052,782$189,989,348
96$664,780,788$68,897,892$34,066,921$206,799,257
97$732,492,365$72,177,825$35,112,100$225,214,591
98$807,107,497$75,615,450$36,189,266$245,394,270
99$889,330,251$79,218,396$37,299,396$267,513,203
100$979,936,507$82,994,668$38,443,495$291,763,909