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

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 $8,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$718,438$712,038$705,795$699,701$693,750$687,077
2 years$355,662$349,038$342,619$336,395$330,357$323,635
3 years$234,753$228,100$221,697$215,531$209,592$203,029
4 years$174,310$167,678$161,339$155,278$149,483$143,130
5 years$138,054$131,462$125,205$119,269$113,635$107,510
6 years$113,891$107,348$101,185$95,380$89,915$84,027
7 years$96,638$90,151$84,085$78,417$73,125$67,475
8 years$83,705$77,276$71,311$65,782$60,664$55,253
9 years$73,651$67,283$61,420$56,032$51,088$45,913
10 years$65,612$59,306$53,547$48,300$43,530$38,588
11 years$59,040$52,797$47,142$42,035$37,437$32,725
12 years$53,566$47,388$41,837$36,871$32,442$27,955
13 years$48,939$42,825$37,379$32,551$28,290$24,023
14 years$44,976$38,926$33,585$28,895$24,799$20,746
15 years$41,544$35,560$30,323$25,770$21,835$17,990
16 years$38,544$32,626$27,492$23,074$19,298$15,655
17 years$35,900$30,047$25,017$20,732$17,111$13,663
18 years$33,553$27,765$22,837$18,683$15,214$11,955
19 years$31,454$25,732$20,906$16,882$13,561$10,483
20 years$29,569$23,911$19,187$15,290$12,113$9,210
21 years$27,864$22,273$17,648$13,877$10,839$8,104
22 years$26,317$20,791$16,265$12,617$9,716$7,141
23 years$24,907$19,445$15,018$11,491$8,722$6,301
24 years$23,616$18,219$13,889$10,480$7,839$5,565
25 years$22,430$17,097$12,864$9,571$7,054$4,920
26 years$21,337$16,069$11,931$8,751$6,354$4,354
27 years$20,327$15,123$11,079$8,010$5,729$3,855
28 years$19,390$14,250$10,299$7,339$5,169$3,416
29 years$18,520$13,443$9,584$6,730$4,668$3,028
30 years$17,709$12,696$8,928$6,177$4,217$2,686
31 years$16,953$12,002$8,323$5,673$3,813$2,384
32 years$16,244$11,356$7,765$5,213$3,449$2,116
33 years$15,580$10,754$7,251$4,794$3,121$1,879
34 years$14,957$10,193$6,775$4,411$2,826$1,669
35 years$14,370$9,668$6,334$4,061$2,560$1,483
36 years$13,818$9,176$5,925$3,740$2,319$1,318
37 years$13,296$8,715$5,546$3,446$2,102$1,172
38 years$12,803$8,282$5,193$3,176$1,906$1,042
39 years$12,336$7,876$4,866$2,928$1,728$926
40 years$11,894$7,493$4,561$2,701$1,567$824
41 years$11,475$7,133$4,276$2,492$1,422$733
42 years$11,076$6,793$4,011$2,300$1,290$652
43 years$10,697$6,472$3,764$2,123$1,171$580
44 years$10,337$6,169$3,533$1,960$1,063$516
45 years$9,993$5,883$3,318$1,810$965$459
46 years$9,665$5,612$3,116$1,672$876$409
47 years$9,353$5,356$2,927$1,545$796$364
48 years$9,054$5,113$2,751$1,428$723$324
49 years$8,768$4,883$2,586$1,319$656$288
50 years$8,494$4,664$2,431$1,219$596$257

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 $3,969 every year, while hoping to spend $24,509 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: 75/19/6 Blend
51$8,700,000$8,700,000$8,700,000$8,700,000
52$9,591,494$9,130,394$8,995,544$10,304,603
53$10,543,749$9,551,706$9,270,817$11,195,333
54$11,592,313$9,992,841$9,554,491$12,167,556
55$12,746,982$10,454,744$9,846,820$13,232,154
56$14,018,554$10,938,406$10,148,069$14,398,264
57$15,418,925$11,444,866$10,458,507$15,675,943
58$16,961,204$11,975,213$10,778,416$17,076,259
59$18,659,836$12,530,588$11,108,082$18,611,397
60$20,530,739$13,112,186$11,447,802$20,294,769
61$22,591,454$13,721,263$11,797,883$22,141,143
62$24,861,308$14,359,131$12,158,638$24,166,774
63$27,361,602$15,027,169$12,530,393$26,389,562
64$30,115,806$15,726,820$12,913,481$28,829,212
65$33,149,783$16,459,599$13,308,248$31,507,425
66$36,492,034$17,227,093$13,715,047$34,448,095
67$40,173,965$18,030,964$14,134,245$37,677,533
68$44,230,185$18,872,957$14,566,218$41,224,715
69$48,698,832$19,754,899$15,011,354$45,121,549
70$53,621,931$20,678,708$15,470,053$49,403,177
71$59,045,795$21,646,391$15,942,726$54,108,302
72$65,021,457$22,660,056$16,429,799$59,279,550
73$71,605,156$23,721,909$16,931,707$64,963,868
74$78,858,865$24,834,265$17,448,903$71,212,968
75$86,850,876$25,999,552$17,981,848$78,083,805
76$95,656,448$27,220,312$18,531,022$85,639,117
77$105,358,512$28,499,213$19,096,918$93,948,009
78$116,048,456$29,839,052$19,680,041$103,086,603
79$127,826,992$31,242,758$20,280,916$113,138,752
80$140,805,099$32,713,407$20,900,079$124,196,828
81$155,105,074$34,254,219$21,538,088$136,362,587
82$170,861,690$35,868,574$22,195,512$149,748,125
83$188,223,461$37,560,013$22,872,940$164,476,934
84$207,354,050$39,332,249$23,570,979$180,685,059
85$228,433,810$41,189,177$24,290,255$198,522,376
86$251,661,490$43,134,878$25,031,410$218,154,005
87$277,256,108$45,173,632$25,795,107$239,761,858
88$305,459,019$47,309,928$26,582,031$263,546,353
89$336,536,194$49,548,470$27,392,884$289,728,297
90$370,780,732$51,894,191$28,228,393$318,550,964
91$408,515,626$54,352,266$29,089,303$350,282,384
92$450,096,809$56,928,116$29,976,384$385,217,867
93$495,916,519$59,627,430$30,890,428$423,682,780
94$546,407,000$62,456,170$31,832,254$466,035,610
95$602,044,580$65,420,588$32,802,700$512,671,343
96$663,354,172$68,527,241$33,802,635$564,025,179
97$730,914,224$71,783,003$34,832,950$620,576,632
98$805,362,187$75,195,082$35,894,566$682,854,048
99$887,400,525$78,771,036$36,988,429$751,439,579
100$977,803,353$82,518,791$38,115,516$826,974,673