Can I retire at age 52 with 8,800,000?

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 $8,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$726,696$720,223$713,907$707,743$701,724$687,275
2 years$359,750$353,050$346,557$340,261$334,154$319,663
3 years$237,451$230,722$224,245$218,009$212,001$197,919
4 years$176,314$169,605$163,193$157,063$151,201$137,637
5 years$139,641$132,973$126,645$120,639$114,941$101,934
6 years$115,200$108,582$102,348$96,476$90,949$78,512
7 years$97,749$91,187$85,051$79,318$73,966$62,102
8 years$84,667$78,164$72,130$66,538$61,362$50,068
9 years$74,498$68,056$62,126$56,676$51,675$40,944
10 years$66,367$59,988$54,163$48,855$44,030$33,850
11 years$59,718$53,404$47,684$42,519$37,867$28,226
12 years$54,182$47,932$42,318$37,295$32,815$23,698
13 years$49,501$43,317$37,809$32,925$28,615$20,007
14 years$45,493$39,374$33,971$29,228$25,084$16,968
15 years$42,022$35,969$30,671$26,066$22,086$14,444
16 years$38,987$33,001$27,808$23,339$19,520$12,335
17 years$36,313$30,392$25,304$20,970$17,307$10,561
18 years$33,938$28,084$23,100$18,898$15,389$9,063
19 years$31,816$26,028$21,147$17,076$13,717$7,791
20 years$29,908$24,186$19,407$15,466$12,252$6,709
21 years$28,185$22,529$17,851$14,036$10,964$5,785
22 years$26,620$21,030$16,452$12,762$9,828$4,994
23 years$25,193$19,669$15,191$11,623$8,822$4,315
24 years$23,887$18,428$14,049$10,601$7,929$3,732
25 years$22,688$17,294$13,012$9,681$7,135$3,230
26 years$21,582$16,254$12,068$8,852$6,427$2,797
27 years$20,560$15,296$11,206$8,102$5,795$2,424
28 years$19,613$14,414$10,418$7,423$5,229$2,101
29 years$18,733$13,598$9,695$6,807$4,721$1,822
30 years$17,913$12,842$9,030$6,248$4,266$1,581
31 years$17,147$12,140$8,419$5,738$3,857$1,372
32 years$16,431$11,487$7,855$5,273$3,489$1,191
33 years$15,760$10,878$7,334$4,849$3,157$1,034
34 years$15,129$10,310$6,852$4,462$2,859$898
35 years$14,536$9,779$6,407$4,107$2,589$780
36 years$13,976$9,281$5,993$3,783$2,346$678
37 years$13,449$8,815$5,609$3,485$2,126$589
38 years$12,950$8,378$5,253$3,212$1,928$512
39 years$12,478$7,966$4,922$2,962$1,748$445
40 years$12,031$7,579$4,613$2,732$1,585$386
41 years$11,607$7,215$4,325$2,521$1,438$336
42 years$11,204$6,871$4,057$2,326$1,305$292
43 years$10,820$6,547$3,807$2,147$1,185$254
44 years$10,456$6,240$3,574$1,983$1,075$221
45 years$10,108$5,951$3,356$1,831$976$192
46 years$9,777$5,677$3,152$1,691$886$167
47 years$9,460$5,417$2,961$1,563$805$145
48 years$9,158$5,172$2,783$1,444$731$126
49 years$8,869$4,939$2,615$1,335$664$110
50 years$8,592$4,718$2,459$1,233$603$95

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,800,000, adding $3,259 every year, while hoping to spend $50,207 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: 68/22/10 Blend
51$8,800,000$8,800,000$8,800,000$8,800,000
52$9,700,962$9,234,562$9,098,162$10,340,679
53$10,637,040$9,633,635$9,349,530$11,164,957
54$11,666,915$10,050,581$9,607,637$12,059,743
55$12,800,102$10,486,221$9,872,654$13,036,979
56$14,047,084$10,941,417$10,144,760$14,104,739
57$15,419,411$11,417,071$10,424,134$15,271,905
58$16,929,811$11,914,127$10,710,961$16,548,251
59$18,592,306$12,433,574$11,005,433$17,944,534
60$20,422,349$12,976,446$11,307,743$19,472,592
61$22,436,965$13,543,829$11,618,089$21,145,455
62$24,654,916$14,136,857$11,936,675$22,977,463
63$27,096,873$14,756,719$12,263,710$24,984,405
64$29,785,615$15,404,659$12,599,405$27,183,658
65$32,746,242$16,081,982$12,943,980$29,594,355
66$36,006,412$16,790,052$13,297,656$32,237,561
67$39,596,601$17,530,299$13,660,662$35,136,466
68$43,550,391$18,304,221$14,033,231$38,316,605
69$47,904,788$19,113,385$14,415,602$41,806,097
70$52,700,570$19,959,434$14,808,018$45,635,902
71$57,982,671$20,844,089$15,210,729$49,840,116
72$63,800,605$21,769,151$15,623,990$54,456,285
73$70,208,935$22,736,508$16,048,062$59,525,759
74$77,267,786$23,748,137$16,483,212$65,094,077
75$85,043,412$24,806,107$16,929,711$71,211,394
76$93,608,823$25,912,589$17,387,840$77,932,950
77$103,044,471$27,069,855$17,857,881$85,319,587
78$113,439,014$28,280,284$18,340,126$93,438,320
79$124,890,146$29,546,371$18,834,873$102,362,965
80$137,505,525$30,870,727$19,342,426$112,174,830
81$151,403,785$32,256,089$19,863,093$122,963,479
82$166,715,657$33,705,323$20,397,193$134,827,572
83$183,585,204$35,221,434$20,945,049$147,875,790
84$202,171,177$36,807,567$21,506,991$162,227,856
85$222,648,519$38,467,020$22,083,357$178,015,661
86$245,210,011$40,203,246$22,674,492$195,384,499
87$270,068,091$42,019,865$23,280,747$214,494,437
88$297,456,866$43,920,668$23,902,481$235,521,816
89$327,634,313$45,909,627$24,540,061$258,660,910
90$360,884,721$47,990,907$25,193,861$284,125,752
91$397,521,369$50,168,868$25,864,262$312,152,149
92$437,889,487$52,448,081$26,551,653$342,999,897
93$482,369,513$54,833,334$27,256,431$376,955,228
94$531,380,683$57,329,647$27,979,001$414,333,501
95$585,384,990$59,942,278$28,719,776$455,482,172
96$644,891,547$62,676,738$29,479,176$500,784,065
97$710,461,388$65,538,801$30,257,631$550,660,974
98$782,712,765$68,534,518$31,055,578$605,577,635
99$862,326,989$71,670,231$31,873,461$666,046,105
100$950,054,855$74,952,586$32,711,736$732,630,582