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

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 $8,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$726,696$720,223$713,907$707,743$701,724$697,887
2 years$359,750$353,050$346,557$340,261$334,154$330,283
3 years$237,451$230,722$224,245$218,009$212,001$208,215
4 years$176,314$169,605$163,193$157,063$151,201$147,529
5 years$139,641$132,973$126,645$120,639$114,941$111,393
6 years$115,200$108,582$102,348$96,476$90,949$87,531
7 years$97,749$91,187$85,051$79,318$73,966$70,679
8 years$84,667$78,164$72,130$66,538$61,362$58,207
9 years$74,498$68,056$62,126$56,676$51,675$48,652
10 years$66,367$59,988$54,163$48,855$44,030$41,136
11 years$59,718$53,404$47,684$42,519$37,867$35,100
12 years$54,182$47,932$42,318$37,295$32,815$30,173
13 years$49,501$43,317$37,809$32,925$28,615$26,096
14 years$45,493$39,374$33,971$29,228$25,084$22,685
15 years$42,022$35,969$30,671$26,066$22,086$19,803
16 years$38,987$33,001$27,808$23,339$19,520$17,350
17 years$36,313$30,392$25,304$20,970$17,307$15,248
18 years$33,938$28,084$23,100$18,898$15,389$13,436
19 years$31,816$26,028$21,147$17,076$13,717$11,867
20 years$29,908$24,186$19,407$15,466$12,252$10,502
21 years$28,185$22,529$17,851$14,036$10,964$9,309
22 years$26,620$21,030$16,452$12,762$9,828$8,265
23 years$25,193$19,669$15,191$11,623$8,822$7,348
24 years$23,887$18,428$14,049$10,601$7,929$6,540
25 years$22,688$17,294$13,012$9,681$7,135$5,827
26 years$21,582$16,254$12,068$8,852$6,427$5,196
27 years$20,560$15,296$11,206$8,102$5,795$4,638
28 years$19,613$14,414$10,418$7,423$5,229$4,142
29 years$18,733$13,598$9,695$6,807$4,721$3,702
30 years$17,913$12,842$9,030$6,248$4,266$3,310
31 years$17,147$12,140$8,419$5,738$3,857$2,962
32 years$16,431$11,487$7,855$5,273$3,489$2,651
33 years$15,760$10,878$7,334$4,849$3,157$2,374
34 years$15,129$10,310$6,852$4,462$2,859$2,126
35 years$14,536$9,779$6,407$4,107$2,589$1,905
36 years$13,976$9,281$5,993$3,783$2,346$1,707
37 years$13,449$8,815$5,609$3,485$2,126$1,531
38 years$12,950$8,378$5,253$3,212$1,928$1,373
39 years$12,478$7,966$4,922$2,962$1,748$1,231
40 years$12,031$7,579$4,613$2,732$1,585$1,104
41 years$11,607$7,215$4,325$2,521$1,438$991
42 years$11,204$6,871$4,057$2,326$1,305$889
43 years$10,820$6,547$3,807$2,147$1,185$798
44 years$10,456$6,240$3,574$1,983$1,075$716
45 years$10,108$5,951$3,356$1,831$976$643
46 years$9,777$5,677$3,152$1,691$886$577
47 years$9,460$5,417$2,961$1,563$805$518
48 years$9,158$5,172$2,783$1,444$731$465
49 years$8,869$4,939$2,615$1,335$664$418
50 years$8,592$4,718$2,459$1,233$603$375

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 $5,143 every year, while hoping to spend $32,033 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: 56/34/10 Blend
51$8,800,000$8,800,000$8,800,000$8,800,000
52$9,702,905$9,236,505$9,100,105$10,222,235
53$10,658,518$9,655,011$9,370,876$10,992,250
54$11,710,531$10,092,950$9,649,644$11,826,557
55$12,868,741$10,551,241$9,936,643$12,734,512
56$14,143,946$11,030,845$10,232,114$13,723,148
57$15,548,045$11,532,772$10,536,305$14,800,191
58$17,094,145$12,058,078$10,849,472$15,974,136
59$18,796,694$12,607,870$11,171,875$17,254,319
60$20,671,610$13,183,309$11,503,786$18,651,006
61$22,736,434$13,785,610$11,845,482$20,175,484
62$25,010,493$14,416,049$12,197,249$21,840,165
63$27,515,088$15,075,959$12,559,381$23,658,699
64$30,273,687$15,766,741$12,932,181$25,646,102
65$33,312,153$16,489,861$13,315,959$27,818,888
66$36,658,985$17,246,857$13,711,035$30,195,226
67$40,345,587$18,039,338$14,117,741$32,795,105
68$44,406,565$18,868,994$14,536,413$35,640,519
69$48,880,053$19,737,593$14,967,402$38,755,667
70$53,808,073$20,646,991$15,411,065$42,167,181
71$59,236,933$21,599,129$15,867,772$45,904,370
72$65,217,660$22,596,047$16,337,902$49,999,489
73$71,806,486$23,639,878$16,821,846$54,488,043
74$79,065,376$24,732,860$17,320,006$59,409,111
75$87,062,613$25,877,339$17,832,796$64,805,712
76$95,873,445$27,075,774$18,360,639$70,725,202
77$105,580,790$28,330,741$18,903,975$77,219,719
78$116,276,025$29,644,941$19,463,252$84,346,660
79$128,059,842$31,021,206$20,038,934$92,169,225
80$141,043,204$32,462,503$20,631,496$100,756,997
81$155,348,389$33,971,943$21,241,429$110,186,597
82$171,110,144$35,552,788$21,869,236$120,542,397
83$188,476,959$37,208,455$22,515,436$131,917,304
84$207,612,467$38,942,527$23,180,561$144,413,634
85$228,696,988$40,758,761$23,865,160$158,144,061
86$251,929,235$42,661,094$24,569,796$173,232,679
87$277,528,182$44,653,654$25,295,050$189,816,153
88$305,735,141$46,740,767$26,041,519$208,045,007
89$336,816,031$48,926,970$26,809,815$228,085,025
90$371,063,893$51,217,018$27,600,570$250,118,812
91$408,801,654$53,615,896$28,414,433$274,347,496
92$450,385,178$56,128,830$29,252,072$300,992,623
93$496,206,622$58,761,299$30,114,173$330,298,225
94$546,698,142$61,519,047$31,001,442$362,533,116
95$602,335,968$64,408,096$31,914,606$397,993,410
96$663,644,903$67,434,758$32,854,411$437,005,302
97$731,203,275$70,605,654$33,821,626$479,928,132
98$805,648,399$73,927,720$34,817,040$527,157,755
99$887,682,590$77,408,233$35,841,466$579,130,264
100$978,079,798$81,054,820$36,895,738$636,326,085