Can I retire at age 52 with 8,900,000?

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 $8,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$734,954$728,407$722,020$715,786$709,698$703,752
2 years$363,838$357,062$350,495$344,128$337,952$331,959
3 years$240,150$233,344$226,794$220,486$214,410$208,556
4 years$178,317$171,533$165,048$158,848$152,919$147,249
5 years$141,228$134,484$128,084$122,010$116,247$110,777
6 years$116,509$109,816$103,511$97,573$91,982$86,720
7 years$98,860$92,223$86,018$80,220$74,806$69,754
8 years$85,629$79,052$72,950$67,294$62,059$57,217
9 years$75,344$68,829$62,832$57,320$52,263$47,629
10 years$67,121$60,670$54,778$49,410$44,530$40,103
11 years$60,397$54,011$48,226$43,002$38,298$34,072
12 years$54,798$48,477$42,799$37,718$33,188$29,161
13 years$50,064$43,809$38,238$33,300$28,940$25,108
14 years$46,010$39,821$34,357$29,560$25,369$21,726
15 years$42,499$36,377$31,020$26,362$22,337$18,878
16 years$39,430$33,376$28,124$23,604$19,741$16,461
17 years$36,726$30,738$25,592$21,208$17,504$14,396
18 years$34,324$28,403$23,362$19,113$15,564$12,623
19 years$32,178$26,324$21,387$17,270$13,872$11,093
20 years$30,248$24,461$19,628$15,642$12,391$9,767
21 years$28,505$22,785$18,054$14,196$11,089$8,614
22 years$26,922$21,269$16,639$12,907$9,939$7,608
23 years$25,479$19,892$15,363$11,755$8,922$6,728
24 years$24,159$18,638$14,209$10,721$8,019$5,956
25 years$22,946$17,490$13,160$9,791$7,216$5,278
26 years$21,828$16,438$12,205$8,952$6,500$4,681
27 years$20,794$15,470$11,334$8,194$5,860$4,155
28 years$19,836$14,578$10,536$7,508$5,288$3,690
29 years$18,946$13,752$9,805$6,885$4,775$3,280
30 years$18,117$12,988$9,133$6,319$4,314$2,916
31 years$17,342$12,278$8,514$5,803$3,901$2,594
32 years$16,618$11,617$7,944$5,333$3,528$2,309
33 years$15,939$11,002$7,417$4,904$3,193$2,055
34 years$15,301$10,427$6,930$4,512$2,891$1,830
35 years$14,701$9,890$6,479$4,154$2,619$1,630
36 years$14,135$9,387$6,061$3,826$2,373$1,453
37 years$13,602$8,915$5,673$3,525$2,150$1,295
38 years$13,097$8,473$5,313$3,249$1,949$1,154
39 years$12,620$8,057$4,977$2,996$1,768$1,029
40 years$12,168$7,665$4,665$2,763$1,604$917
41 years$11,739$7,297$4,375$2,549$1,455$818
42 years$11,331$6,949$4,104$2,353$1,320$730
43 years$10,943$6,621$3,851$2,172$1,198$651
44 years$10,574$6,311$3,614$2,005$1,087$581
45 years$10,223$6,018$3,394$1,852$987$518
46 years$9,888$5,741$3,188$1,711$896$462
47 years$9,568$5,479$2,995$1,580$814$413
48 years$9,262$5,230$2,814$1,460$739$368
49 years$8,969$4,995$2,645$1,350$671$329
50 years$8,690$4,771$2,487$1,248$610$293

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,900,000, adding $2,109 every year, while hoping to spend $52,002 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: 61/29/10 Blend
51$8,900,000$8,900,000$8,900,000$8,900,000
52$9,809,975$9,338,275$9,200,325$10,385,939
53$10,755,263$9,740,521$9,453,207$11,174,470
54$11,795,227$10,160,734$9,712,816$12,028,358
55$12,939,470$10,599,740$9,979,325$12,958,777
56$14,198,571$11,058,402$10,252,908$13,973,123
57$15,584,188$11,537,626$10,533,743$15,079,524
58$17,109,164$12,038,359$10,822,012$16,286,921
59$18,787,653$12,561,593$11,117,904$17,605,151
60$20,635,249$13,108,365$11,421,608$19,045,030
61$22,669,133$13,679,765$11,733,321$20,618,462
62$24,908,240$14,276,929$12,053,243$22,338,540
63$27,373,432$14,901,050$12,381,578$24,219,672
64$30,087,697$15,553,376$12,718,536$26,277,714
65$33,076,366$16,235,215$13,064,330$28,530,112
66$36,367,349$16,947,935$13,419,180$30,996,069
67$39,991,405$17,692,970$13,783,309$33,696,720
68$43,982,424$18,471,821$14,156,945$36,655,327
69$48,377,752$19,286,061$14,540,323$39,897,498
70$53,218,541$20,137,335$14,933,682$43,451,421
71$58,550,137$21,027,370$15,337,265$47,348,130
72$64,422,509$21,957,970$15,751,322$51,621,790
73$70,890,723$22,931,027$16,176,109$56,310,018
74$78,015,453$23,948,524$16,611,885$61,454,233
75$85,863,562$25,012,535$17,058,916$67,100,039
76$94,508,731$26,125,234$17,517,475$73,297,656
77$104,032,150$27,288,899$17,987,839$80,102,383
78$114,523,288$28,505,915$18,470,291$87,575,119
79$126,080,739$29,778,780$18,965,121$95,782,929
80$138,813,146$31,110,112$19,472,624$104,799,674
81$152,840,232$32,502,652$19,993,102$114,706,699
82$168,293,927$33,959,273$20,526,862$125,593,596
83$185,319,614$35,482,985$21,074,219$137,559,043
84$204,077,503$37,076,939$21,635,494$150,711,728
85$224,744,138$38,744,439$22,211,012$165,171,367
86$247,514,067$40,488,944$22,801,109$181,069,826
87$272,601,679$42,314,079$23,406,123$198,552,361
88$300,243,225$44,223,643$24,026,403$217,778,974
89$330,699,048$46,221,616$24,662,301$238,925,922
90$364,256,042$48,312,166$25,314,179$262,187,367
91$401,230,358$50,499,662$25,982,404$287,777,200
92$441,970,391$52,788,682$26,667,351$315,931,048
93$486,860,065$55,184,022$27,369,402$346,908,495
94$536,322,460$57,690,707$28,088,945$380,995,510
95$590,823,804$60,314,004$28,826,377$418,507,146
96$650,877,872$63,059,431$29,582,101$459,790,493
97$717,050,842$65,932,770$30,356,528$505,227,950
98$789,966,632$68,940,080$31,150,077$555,240,814
99$870,312,797$72,087,712$31,963,172$610,293,249
100$958,847,011$75,382,319$32,796,247$670,896,648