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%11.6%
1 years$801,017$793,882$786,921$780,126$773,492$768,295
2 years$396,543$389,158$382,000$375,061$368,329$363,088
3 years$261,736$254,319$247,180$240,305$233,683$228,560
4 years$194,346$186,951$179,883$173,126$166,665$161,699
5 years$153,922$146,572$139,597$132,978$126,696$121,902
6 years$126,982$119,687$112,815$106,343$100,250$95,635
7 years$107,746$100,513$93,750$87,431$81,530$77,095
8 years$93,326$86,158$79,507$73,343$67,637$63,383
9 years$82,117$75,016$68,480$62,472$56,960$52,885
10 years$73,154$66,123$59,702$53,852$48,533$44,635
11 years$65,826$58,866$52,561$46,867$41,740$38,016
12 years$59,723$52,835$46,646$41,109$36,171$32,619
13 years$54,564$47,747$41,675$36,293$31,542$28,157
14 years$50,145$43,401$37,446$32,217$27,649$24,428
15 years$46,319$39,647$33,808$28,732$24,345$21,283
16 years$42,975$36,376$30,652$25,726$21,516$18,609
17 years$40,027$33,501$27,892$23,115$19,078$16,320
18 years$37,409$30,956$25,462$20,831$16,963$14,351
19 years$35,070$28,690$23,309$18,823$15,119$12,647
20 years$32,967$26,660$21,392$17,047$13,505$11,168
21 years$31,067$24,833$19,677$15,472$12,085$9,878
22 years$29,342$23,180$18,135$14,067$10,833$8,751
23 years$27,770$21,680$16,744$12,811$9,724$7,762
24 years$26,330$20,313$15,486$11,685$8,740$6,893
25 years$25,008$19,063$14,343$10,671$7,865$6,127
26 years$23,790$17,916$13,302$9,757$7,084$5,451
27 years$22,663$16,861$12,352$8,931$6,387$4,854
28 years$21,619$15,888$11,483$8,183$5,763$4,325
29 years$20,649$14,988$10,686$7,504$5,204$3,856
30 years$19,745$14,155$9,954$6,887$4,702$3,440
31 years$18,901$13,381$9,280$6,325$4,251$3,070
32 years$18,111$12,661$8,658$5,813$3,846$2,741
33 years$17,371$11,990$8,084$5,345$3,480$2,448
34 years$16,676$11,364$7,553$4,918$3,151$2,187
35 years$16,022$10,779$7,062$4,527$2,854$1,955
36 years$15,406$10,231$6,606$4,170$2,586$1,748
37 years$14,824$9,717$6,183$3,842$2,344$1,563
38 years$14,275$9,234$5,790$3,541$2,125$1,398
39 years$13,754$8,781$5,425$3,265$1,927$1,251
40 years$13,261$8,354$5,085$3,011$1,748$1,119
41 years$12,794$7,953$4,768$2,778$1,586$1,001
42 years$12,350$7,574$4,472$2,564$1,439$896
43 years$11,927$7,216$4,197$2,367$1,306$802
44 years$11,525$6,879$3,939$2,186$1,185$718
45 years$11,142$6,559$3,699$2,018$1,076$643
46 years$10,776$6,257$3,474$1,864$977$576
47 years$10,428$5,971$3,264$1,723$887$516
48 years$10,094$5,701$3,067$1,592$806$462
49 years$9,776$5,444$2,883$1,471$732$413
50 years$9,471$5,200$2,710$1,360$665$370

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 $4,626 every year, while hoping to spend $56,220 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: 63/19/18 Blend
51$9,700,000$9,700,000$9,700,000$9,700,000
52$10,694,172$10,180,072$10,029,722$11,318,975
53$11,725,160$10,619,078$10,305,900$12,178,766
54$12,859,424$11,077,710$10,589,445$13,110,548
55$14,107,440$11,556,873$10,880,546$14,126,806
56$15,480,748$12,057,509$11,179,394$15,235,775
57$16,992,066$12,580,609$11,486,186$16,446,519
58$18,655,405$13,127,207$11,801,122$17,769,008
59$20,486,205$13,698,389$12,124,407$19,214,217
60$22,501,477$14,295,288$12,456,254$20,794,222
61$24,719,965$14,919,095$12,796,876$22,522,313
62$27,162,324$15,571,053$13,146,493$24,413,118
63$29,851,312$16,252,466$13,505,333$26,482,741
64$32,812,008$16,964,699$13,873,624$28,748,907
65$36,072,045$17,709,182$14,251,602$31,231,129
66$39,661,872$18,487,410$14,639,509$33,950,891
67$43,615,041$19,300,951$15,037,590$36,931,844
68$47,968,525$20,151,447$15,446,099$40,200,032
69$52,763,063$21,040,617$15,865,292$43,784,131
70$58,043,550$21,970,261$16,295,434$47,715,714
71$63,859,453$22,942,265$16,736,792$52,029,554
72$70,265,286$23,958,605$17,189,644$56,763,940
73$77,321,118$25,021,349$17,654,269$61,961,041
74$85,093,140$26,132,663$18,130,955$67,667,299
75$93,654,295$27,294,818$18,619,996$73,933,859
76$103,084,959$28,510,191$19,121,693$80,817,055
77$113,473,706$29,781,271$19,636,351$88,378,934
78$124,918,139$31,110,668$20,164,283$96,687,835
79$137,525,812$32,501,114$20,705,810$105,819,034
80$151,415,248$33,955,472$21,261,257$115,855,447
81$166,717,053$35,476,740$21,830,959$126,888,410
82$183,575,152$37,068,059$22,415,256$139,018,534
83$202,148,145$38,732,722$23,014,495$152,356,649
84$222,610,806$40,474,175$23,629,030$167,024,848
85$245,155,730$42,296,032$24,259,225$183,157,628
86$269,995,153$44,202,076$24,905,447$200,903,161
87$297,362,953$46,196,272$25,568,074$220,424,680
88$327,516,861$48,282,776$26,247,491$241,902,015
89$360,740,887$50,465,939$26,944,089$265,533,286
90$397,348,010$52,750,322$27,658,268$291,536,764
91$437,683,123$55,140,704$28,390,437$320,152,925
92$482,126,295$57,642,092$29,141,009$351,646,709
93$531,096,354$60,259,732$29,910,410$386,310,019
94$585,054,845$62,999,121$30,699,071$424,464,461
95$644,510,381$65,866,020$31,507,432$466,464,378
96$710,023,450$68,866,465$32,335,941$512,700,179
97$782,211,702$72,006,782$33,185,055$563,602,021
98$861,755,780$75,293,598$34,055,239$619,643,856
99$949,405,747$78,733,862$34,946,967$681,347,894
100$1,045,988,162$82,334,850$35,860,720$749,289,525