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%11.2%
1 years$734,954$728,407$722,020$715,786$709,698$706,114
2 years$363,838$357,062$350,495$344,128$337,952$334,334
3 years$240,150$233,344$226,794$220,486$214,410$210,872
4 years$178,317$171,533$165,048$158,848$152,919$149,487
5 years$141,228$134,484$128,084$122,010$116,247$112,931
6 years$116,509$109,816$103,511$97,573$91,982$88,787
7 years$98,860$92,223$86,018$80,220$74,806$71,733
8 years$85,629$79,052$72,950$67,294$62,059$59,108
9 years$75,344$68,829$62,832$57,320$52,263$49,434
10 years$67,121$60,670$54,778$49,410$44,530$41,822
11 years$60,397$54,011$48,226$43,002$38,298$35,708
12 years$54,798$48,477$42,799$37,718$33,188$30,714
13 years$50,064$43,809$38,238$33,300$28,940$26,581
14 years$46,010$39,821$34,357$29,560$25,369$23,121
15 years$42,499$36,377$31,020$26,362$22,337$20,198
16 years$39,430$33,376$28,124$23,604$19,741$17,708
17 years$36,726$30,738$25,592$21,208$17,504$15,573
18 years$34,324$28,403$23,362$19,113$15,564$13,732
19 years$32,178$26,324$21,387$17,270$13,872$12,137
20 years$30,248$24,461$19,628$15,642$12,391$10,748
21 years$28,505$22,785$18,054$14,196$11,089$9,535
22 years$26,922$21,269$16,639$12,907$9,939$8,472
23 years$25,479$19,892$15,363$11,755$8,922$7,537
24 years$24,159$18,638$14,209$10,721$8,019$6,714
25 years$22,946$17,490$13,160$9,791$7,216$5,986
26 years$21,828$16,438$12,205$8,952$6,500$5,343
27 years$20,794$15,470$11,334$8,194$5,860$4,772
28 years$19,836$14,578$10,536$7,508$5,288$4,266
29 years$18,946$13,752$9,805$6,885$4,775$3,815
30 years$18,117$12,988$9,133$6,319$4,314$3,414
31 years$17,342$12,278$8,514$5,803$3,901$3,057
32 years$16,618$11,617$7,944$5,333$3,528$2,739
33 years$15,939$11,002$7,417$4,904$3,193$2,454
34 years$15,301$10,427$6,930$4,512$2,891$2,200
35 years$14,701$9,890$6,479$4,154$2,619$1,973
36 years$14,135$9,387$6,061$3,826$2,373$1,770
37 years$13,602$8,915$5,673$3,525$2,150$1,588
38 years$13,097$8,473$5,313$3,249$1,949$1,425
39 years$12,620$8,057$4,977$2,996$1,768$1,279
40 years$12,168$7,665$4,665$2,763$1,604$1,149
41 years$11,739$7,297$4,375$2,549$1,455$1,031
42 years$11,331$6,949$4,104$2,353$1,320$926
43 years$10,943$6,621$3,851$2,172$1,198$832
44 years$10,574$6,311$3,614$2,005$1,087$747
45 years$10,223$6,018$3,394$1,852$987$672
46 years$9,888$5,741$3,188$1,711$896$603
47 years$9,568$5,479$2,995$1,580$814$542
48 years$9,262$5,230$2,814$1,460$739$487
49 years$8,969$4,995$2,645$1,350$671$438
50 years$8,690$4,771$2,487$1,248$610$394

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 $2,956 every year, while hoping to spend $25,272 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: 34/43/23 Blend
51$8,900,000$8,900,000$8,900,000$8,900,000
52$9,810,849$9,339,149$9,201,199$10,075,516
53$10,784,667$9,769,878$9,482,550$10,703,454
54$11,856,966$10,220,866$9,772,479$11,377,621
55$13,037,767$10,693,079$10,071,247$12,104,119
56$14,338,108$11,187,528$10,379,123$12,887,603
57$15,770,154$11,705,276$10,696,383$13,733,176
58$17,347,310$12,247,435$11,023,312$14,646,430
59$19,084,347$12,815,171$11,360,204$15,633,495
60$20,997,542$13,409,705$11,707,362$16,701,093
61$23,104,830$14,032,320$12,065,098$17,856,597
62$25,425,976$14,684,356$12,433,732$19,108,093
63$27,982,759$15,367,223$12,813,595$20,464,456
64$30,799,178$16,082,396$13,205,029$21,935,424
65$33,901,682$16,831,420$13,608,384$23,531,687
66$37,319,411$17,615,918$14,024,023$25,264,983
67$41,084,482$18,437,588$14,452,319$27,148,199
68$45,232,282$19,298,213$14,893,654$29,195,489
69$49,801,809$20,199,660$15,348,426$31,422,402
70$54,836,036$21,143,886$15,817,041$33,846,019
71$60,382,320$22,132,945$16,299,920$36,485,109
72$66,492,844$23,168,987$16,797,495$39,360,298
73$73,225,115$24,254,268$17,310,212$42,494,255
74$80,642,503$25,391,153$17,838,530$45,911,901
75$88,814,840$26,582,121$18,382,922$49,640,629
76$97,819,079$27,829,770$18,943,876$53,710,563
77$107,740,022$29,136,826$19,521,892$58,154,822
78$118,671,118$30,506,144$20,117,490$63,009,834
79$130,715,347$31,940,720$20,731,200$68,315,658
80$143,986,190$33,443,693$21,363,573$74,116,362
81$158,608,702$35,018,355$22,015,174$80,460,421
82$174,720,692$36,668,157$22,686,585$87,401,163
83$192,474,023$38,396,717$23,378,406$94,997,264
84$212,036,046$40,207,828$24,091,255$103,313,285
85$233,591,180$42,105,469$24,825,769$112,420,270
86$257,342,653$44,093,809$25,582,605$122,396,401
87$283,514,418$46,177,221$26,362,437$133,327,722
88$312,353,273$48,360,289$27,165,963$145,308,937
89$344,131,183$50,647,819$27,993,898$158,444,284
90$379,147,852$53,044,851$28,846,983$172,848,506
91$417,733,554$55,556,670$29,725,977$188,647,913
92$460,252,244$58,188,815$30,631,666$205,981,559
93$507,105,002$60,947,096$31,564,856$225,002,532
94$558,733,813$63,837,604$32,526,379$245,879,381
95$615,625,742$66,866,726$33,517,092$268,797,684
96$678,317,531$70,041,159$34,537,878$293,961,779
97$747,400,669$73,367,925$35,589,647$321,596,668
98$823,526,971$76,854,388$36,673,334$351,950,118
99$907,414,736$80,508,267$37,789,905$385,294,973
100$999,855,526$84,337,659$38,940,353$421,931,703