Can I retire at age 52 with 9,700,000?

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 $9,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$801,017$793,882$786,921$780,126$773,492$764,460
2 years$396,543$389,158$382,000$375,061$368,329$359,239
3 years$261,736$254,319$247,180$240,305$233,683$224,816
4 years$194,346$186,951$179,883$173,126$166,665$158,089
5 years$153,922$146,572$139,597$132,978$126,696$118,437
6 years$126,982$119,687$112,815$106,343$100,250$92,317
7 years$107,746$100,513$93,750$87,431$81,530$73,927
8 years$93,326$86,158$79,507$73,343$67,637$60,363
9 years$82,117$75,016$68,480$62,472$56,960$50,013
10 years$73,154$66,123$59,702$53,852$48,533$41,907
11 years$65,826$58,866$52,561$46,867$41,740$35,430
12 years$59,723$52,835$46,646$41,109$36,171$30,170
13 years$54,564$47,747$41,675$36,293$31,542$25,842
14 years$50,145$43,401$37,446$32,217$27,649$22,243
15 years$46,319$39,647$33,808$28,732$24,345$19,223
16 years$42,975$36,376$30,652$25,726$21,516$16,670
17 years$40,027$33,501$27,892$23,115$19,078$14,498
18 years$37,409$30,956$25,462$20,831$16,963$12,641
19 years$35,070$28,690$23,309$18,823$15,119$11,044
20 years$32,967$26,660$21,392$17,047$13,505$9,667
21 years$31,067$24,833$19,677$15,472$12,085$8,475
22 years$29,342$23,180$18,135$14,067$10,833$7,440
23 years$27,770$21,680$16,744$12,811$9,724$6,540
24 years$26,330$20,313$15,486$11,685$8,740$5,754
25 years$25,008$19,063$14,343$10,671$7,865$5,067
26 years$23,790$17,916$13,302$9,757$7,084$4,466
27 years$22,663$16,861$12,352$8,931$6,387$3,939
28 years$21,619$15,888$11,483$8,183$5,763$3,476
29 years$20,649$14,988$10,686$7,504$5,204$3,069
30 years$19,745$14,155$9,954$6,887$4,702$2,711
31 years$18,901$13,381$9,280$6,325$4,251$2,396
32 years$18,111$12,661$8,658$5,813$3,846$2,118
33 years$17,371$11,990$8,084$5,345$3,480$1,873
34 years$16,676$11,364$7,553$4,918$3,151$1,657
35 years$16,022$10,779$7,062$4,527$2,854$1,466
36 years$15,406$10,231$6,606$4,170$2,586$1,298
37 years$14,824$9,717$6,183$3,842$2,344$1,149
38 years$14,275$9,234$5,790$3,541$2,125$1,017
39 years$13,754$8,781$5,425$3,265$1,927$901
40 years$13,261$8,354$5,085$3,011$1,748$797
41 years$12,794$7,953$4,768$2,778$1,586$706
42 years$12,350$7,574$4,472$2,564$1,439$626
43 years$11,927$7,216$4,197$2,367$1,306$554
44 years$11,525$6,879$3,939$2,186$1,185$491
45 years$11,142$6,559$3,699$2,018$1,076$435
46 years$10,776$6,257$3,474$1,864$977$386
47 years$10,428$5,971$3,264$1,723$887$342
48 years$10,094$5,701$3,067$1,592$806$303
49 years$9,776$5,444$2,883$1,471$732$268
50 years$9,471$5,200$2,710$1,360$665$238

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $9,700,000, adding $5,964 every year, while hoping to spend $26,599 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: 63/25/12 Blend
51$9,700,000$9,700,000$9,700,000$9,700,000
52$10,695,552$10,181,452$10,031,102$11,339,141
53$11,758,197$10,652,042$10,338,843$12,241,246
54$12,928,341$11,144,799$10,656,001$13,222,261
55$14,216,919$11,660,782$10,982,865$14,292,798
56$15,635,984$12,201,100$11,319,730$15,461,551
57$17,198,815$12,766,915$11,666,902$16,738,082
58$18,920,046$13,359,445$12,024,695$18,132,910
59$20,815,801$13,979,969$12,393,433$19,657,604
60$22,903,850$14,629,824$12,773,450$21,324,893
61$25,203,772$15,310,414$13,165,090$23,148,782
62$27,737,143$16,023,211$13,568,707$25,144,680
63$30,527,740$16,769,757$13,984,666$27,329,544
64$33,601,762$17,551,667$14,413,345$29,722,033
65$36,988,080$18,370,637$14,855,131$32,342,684
66$40,718,509$19,228,444$15,310,423$35,214,101
67$44,828,108$20,126,948$15,779,633$38,361,163
68$49,355,510$21,068,104$16,263,185$41,811,256
69$54,343,287$22,053,956$16,761,517$45,594,527
70$59,838,353$23,086,651$17,275,079$49,744,166
71$65,892,406$24,168,437$17,804,334$54,296,711
72$72,562,414$25,301,673$18,349,762$59,292,391
73$79,911,155$26,488,830$18,911,855$64,775,500
74$88,007,811$27,732,501$19,491,119$70,794,811
75$96,928,616$29,035,401$20,088,080$77,404,027
76$106,757,578$30,400,380$20,703,275$84,662,287
77$117,587,276$31,830,423$21,337,259$92,634,715
78$129,519,727$33,328,662$21,990,606$101,393,031
79$142,667,351$34,898,379$22,663,903$111,016,217
80$157,154,037$36,543,016$23,357,760$121,591,262
81$173,116,305$38,266,180$24,072,801$133,213,971
82$190,704,599$40,071,654$24,809,671$145,989,864
83$210,084,709$41,963,405$25,569,036$160,035,164
84$231,439,329$43,945,592$26,351,578$175,477,884
85$254,969,789$46,022,574$27,158,004$192,459,030
86$280,897,950$48,198,924$27,989,041$211,133,922
87$309,468,304$50,479,433$28,845,436$231,673,649
88$340,950,274$52,869,129$29,727,961$254,266,676
89$375,640,766$55,373,280$30,637,412$279,120,613
90$413,866,965$57,997,411$31,574,606$306,464,163
91$455,989,428$60,747,317$32,540,388$336,549,269
92$502,405,485$63,629,071$33,535,626$369,653,483
93$553,552,991$66,649,043$34,561,217$406,082,573
94$609,914,461$69,813,911$35,618,082$446,173,395
95$672,021,622$73,130,678$36,707,174$490,297,059
96$740,460,433$76,606,687$37,829,470$538,862,423
97$815,876,620$80,249,637$38,985,980$592,319,932
98$898,981,769$84,067,603$40,177,744$651,165,857
99$990,560,043$88,069,049$41,405,832$715,946,967
100$1,091,475,589$92,262,854$42,671,349$787,265,667