Can I retire at age 52 with 9,800,000?

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 $9,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$809,275$802,066$795,033$788,169$781,466$775,566
2 years$400,631$393,170$385,938$378,927$372,127$366,178
3 years$264,434$256,941$249,728$242,782$236,092$230,280
4 years$196,349$188,879$181,738$174,911$168,383$162,751
5 years$155,509$148,083$141,036$134,348$128,002$122,568
6 years$128,291$120,921$113,978$107,440$101,284$96,054
7 years$108,857$101,549$94,716$88,332$82,371$77,347
8 years$94,288$87,047$80,327$74,099$68,335$63,517
9 years$82,963$75,790$69,186$63,116$57,548$52,936
10 years$73,908$66,805$60,318$54,407$49,033$44,624
11 years$66,505$59,472$53,103$47,350$42,170$37,961
12 years$60,339$53,379$47,127$41,533$36,544$32,530
13 years$55,126$48,239$42,105$36,667$31,867$28,044
14 years$50,662$43,848$37,832$32,549$27,934$24,299
15 years$46,797$40,056$34,157$29,028$24,596$21,142
16 years$43,418$36,751$30,968$25,991$21,738$18,460
17 years$40,439$33,846$28,180$23,353$19,274$16,167
18 years$37,795$31,275$25,725$21,046$17,138$14,196
19 years$35,431$28,986$23,550$19,017$15,275$12,493
20 years$33,307$26,935$21,613$17,223$13,644$11,016
21 years$31,388$25,089$19,879$15,631$12,210$9,730
22 years$29,645$23,419$18,322$14,212$10,944$8,606
23 years$28,056$21,904$16,917$12,943$9,824$7,622
24 years$26,602$20,522$15,645$11,805$8,830$6,758
25 years$25,266$19,259$14,491$10,781$7,946$5,998
26 years$24,035$18,101$13,440$9,858$7,157$5,328
27 years$22,897$17,035$12,480$9,023$6,453$4,737
28 years$21,842$16,052$11,602$8,267$5,823$4,214
29 years$20,862$15,143$10,796$7,581$5,258$3,751
30 years$19,949$14,301$10,056$6,958$4,751$3,341
31 years$19,096$13,519$9,375$6,390$4,295$2,976
32 years$18,298$12,792$8,747$5,872$3,885$2,653
33 years$17,550$12,114$8,167$5,400$3,516$2,366
34 years$16,848$11,481$7,631$4,969$3,183$2,110
35 years$16,187$10,890$7,135$4,574$2,883$1,883
36 years$15,565$10,336$6,674$4,213$2,612$1,681
37 years$14,977$9,817$6,247$3,881$2,368$1,500
38 years$14,422$9,330$5,850$3,577$2,147$1,340
39 years$13,896$8,872$5,481$3,299$1,947$1,196
40 years$13,398$8,441$5,137$3,042$1,766$1,069
41 years$12,926$8,035$4,817$2,807$1,602$955
42 years$12,477$7,652$4,519$2,591$1,454$853
43 years$12,050$7,291$4,240$2,391$1,319$762
44 years$11,644$6,950$3,980$2,208$1,197$681
45 years$11,257$6,627$3,737$2,039$1,087$609
46 years$10,888$6,322$3,510$1,884$987$544
47 years$10,535$6,033$3,298$1,740$896$486
48 years$10,198$5,759$3,099$1,608$814$435
49 years$9,876$5,500$2,913$1,486$739$389
50 years$9,568$5,254$2,738$1,374$671$348

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $9,800,000, adding $6,540 every year, while hoping to spend $41,642 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: 63/29/8 Blend
51$9,800,000$9,800,000$9,800,000$9,800,000
52$10,806,346$10,286,946$10,135,046$11,469,224
53$11,864,287$10,746,700$10,430,263$12,372,123
54$13,028,741$11,227,585$10,733,975$13,352,072
55$14,310,531$11,730,595$11,046,421$14,420,937
56$15,721,578$12,256,767$11,367,849$15,587,334
57$17,275,020$12,807,190$11,698,513$16,860,734
58$18,985,333$13,383,004$12,038,674$18,251,557
59$20,868,469$13,985,402$12,388,601$19,771,263
60$22,942,003$14,615,637$12,748,570$21,432,457
61$25,225,304$15,275,020$13,118,863$23,249,009
62$27,739,712$15,964,923$13,499,773$25,236,176
63$30,508,745$16,686,787$13,891,598$27,410,749
64$33,558,317$17,442,119$14,294,646$29,791,203
65$36,916,982$18,232,499$14,709,233$32,397,868
66$40,616,205$19,059,583$15,135,683$35,253,121
67$44,690,661$19,925,105$15,574,331$38,381,590
68$49,178,556$20,830,883$16,025,520$41,810,383
69$54,121,995$21,778,823$16,489,600$45,569,337
70$59,567,371$22,770,918$16,966,935$49,691,302
71$65,565,812$23,809,262$17,457,896$54,212,439
72$72,173,654$24,896,045$17,962,865$59,172,559
73$79,452,981$26,033,565$18,482,235$64,615,494
74$87,472,204$27,224,229$19,016,409$70,589,508
75$96,306,710$28,470,558$19,565,800$77,147,739
76$106,039,575$29,775,195$20,130,835$84,348,702
77$116,762,344$31,140,912$20,711,950$92,256,834
78$128,575,897$32,570,611$21,309,595$100,943,092
79$141,591,402$34,067,335$21,924,230$110,485,619
80$155,931,363$35,634,272$22,556,329$120,970,474
81$171,730,776$37,274,765$23,206,380$132,492,437
82$189,138,403$38,992,316$23,874,881$145,155,893
83$208,318,176$40,790,596$24,562,346$159,075,816
84$229,450,748$42,673,453$25,269,303$174,378,838
85$252,735,192$44,644,920$25,996,292$191,204,439
86$278,390,884$46,709,224$26,743,870$209,706,257
87$306,659,573$48,870,794$27,512,608$230,053,523
88$337,807,662$51,134,275$28,303,093$252,432,651
89$372,128,723$53,504,535$29,115,927$277,048,988
90$409,946,270$55,986,674$29,951,727$304,128,740
91$451,616,810$58,586,042$30,811,131$333,921,095
92$497,533,210$61,308,243$31,694,789$366,700,564
93$548,128,404$64,159,153$32,603,371$402,769,560
94$603,879,482$67,144,933$33,537,565$442,461,239
95$665,312,193$70,272,039$34,498,077$486,142,628
96$733,005,906$73,547,238$35,485,632$534,218,082
97$807,599,082$76,977,626$36,500,974$587,133,076
98$889,795,299$80,570,640$37,544,867$645,378,405
99$980,369,894$84,334,076$38,618,095$709,494,790
100$1,080,177,286$88,276,109$39,721,464$780,077,974