Can I retire at age 52 with 12,000,000?

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 $12,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$990,949$982,122$973,510$965,105$956,897$925,525
2 years$490,569$481,432$472,578$463,993$455,665$424,358
3 years$323,797$314,621$305,789$297,285$289,093$258,833
4 years$240,428$231,280$222,536$214,177$206,183$177,203
5 years$190,419$181,326$172,697$164,508$156,737$129,113
6 years$157,091$148,067$139,565$131,559$124,021$97,776
7 years$133,294$124,346$115,979$108,162$100,862$75,993
8 years$115,455$106,588$98,360$90,734$83,675$60,163
9 years$101,588$92,804$84,717$77,285$70,466$48,285
10 years$90,500$81,802$73,858$66,621$60,041$39,155
11 years$81,434$72,823$65,024$57,980$51,637$32,008
12 years$73,885$65,362$57,707$50,856$44,748$26,331
13 years$67,502$59,068$51,557$44,898$39,021$21,771
14 years$62,035$53,692$46,324$39,856$34,205$18,075
15 years$57,302$49,048$41,825$35,544$30,117$15,055
16 years$53,165$45,001$37,920$31,826$26,618$12,575
17 years$49,518$41,444$34,506$28,595$23,601$10,527
18 years$46,279$38,296$31,499$25,770$20,985$8,828
19 years$43,385$35,493$28,836$23,286$18,704$7,415
20 years$40,784$32,981$26,464$21,090$16,707$6,237
21 years$38,434$30,721$24,342$19,140$14,951$5,251
22 years$36,300$28,677$22,435$17,403$13,401$4,425
23 years$34,354$26,821$20,715$15,849$12,030$3,732
24 years$32,574$25,129$19,158$14,455$10,813$3,149
25 years$30,938$23,583$17,744$13,201$9,730$2,659
26 years$29,430$22,164$16,457$12,071$8,764$2,246
27 years$28,037$20,859$15,281$11,049$7,902$1,898
28 years$26,745$19,655$14,206$10,123$7,130$1,604
29 years$25,545$18,542$13,220$9,283$6,438$1,356
30 years$24,427$17,511$12,314$8,519$5,817$1,147
31 years$23,383$16,554$11,480$7,824$5,259$970
32 years$22,406$15,663$10,711$7,191$4,757$821
33 years$21,490$14,834$10,001$6,613$4,305$694
34 years$20,630$14,059$9,344$6,084$3,898$588
35 years$19,821$13,335$8,736$5,601$3,531$497
36 years$19,059$12,656$8,172$5,158$3,199$421
37 years$18,339$12,021$7,649$4,753$2,899$356
38 years$17,659$11,424$7,163$4,381$2,629$302
39 years$17,016$10,863$6,711$4,039$2,384$255
40 years$16,406$10,335$6,290$3,725$2,162$216
41 years$15,827$9,838$5,898$3,437$1,961$183
42 years$15,278$9,370$5,533$3,172$1,780$155
43 years$14,755$8,927$5,192$2,928$1,615$131
44 years$14,258$8,510$4,873$2,704$1,466$111
45 years$13,784$8,115$4,576$2,497$1,331$94
46 years$13,332$7,741$4,298$2,307$1,209$80
47 years$12,900$7,387$4,038$2,131$1,097$67
48 years$12,488$7,052$3,794$1,969$997$57
49 years$12,094$6,735$3,567$1,820$905$48
50 years$11,716$6,433$3,353$1,682$822$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $12,000,000, adding $6,124 every year, while hoping to spend $39,621 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: 80/11/9 Blend
51$12,000,000$12,000,000$12,000,000$12,000,000
52$13,230,317$12,594,317$12,408,317$14,270,697
53$14,537,653$13,169,282$12,781,839$15,528,695
54$15,977,009$13,771,092$13,166,546$16,902,978
55$17,561,810$14,401,022$13,562,772$18,409,804
56$19,306,847$15,060,405$13,970,857$20,062,400
57$21,228,421$15,750,640$14,391,157$21,875,332
58$23,344,493$16,473,194$14,824,033$23,864,635
59$25,674,852$17,229,602$15,269,859$26,047,970
60$28,241,309$18,021,475$15,729,022$28,444,786
61$31,067,895$18,850,499$16,201,916$31,076,499
62$34,181,091$19,718,444$16,688,950$33,966,699
63$37,610,077$20,627,162$17,190,545$37,141,364
64$41,387,009$21,578,597$17,707,132$40,629,107
65$45,547,320$22,574,785$18,239,157$44,461,442
66$50,130,056$23,617,858$18,787,079$48,673,080
67$55,178,243$24,710,056$19,351,368$53,302,258
68$60,739,297$25,853,721$19,932,511$58,391,089
69$66,865,462$27,051,311$20,531,008$63,985,966
70$73,614,316$28,305,401$21,147,373$70,137,993
71$81,049,303$29,618,693$21,782,137$76,903,463
72$89,240,338$30,994,015$22,435,844$84,344,391
73$98,264,465$32,434,334$23,109,057$92,529,094
74$108,206,583$33,942,759$23,802,354$101,532,832
75$119,160,251$35,522,550$24,516,329$111,438,517
76$131,228,565$37,177,124$25,251,594$122,337,491
77$144,525,137$38,910,062$26,008,781$134,330,387
78$159,175,165$40,725,118$26,788,539$147,528,071
79$175,316,611$42,626,229$27,591,535$162,052,690
80$193,101,512$44,617,520$28,418,457$178,038,817
81$212,697,404$46,703,316$29,270,014$195,634,719
82$234,288,912$48,888,152$30,146,932$215,003,753
83$258,079,490$51,176,781$31,049,964$236,325,900
84$284,293,340$53,574,185$31,979,879$259,799,466
85$313,177,530$56,085,589$32,937,474$285,642,942
86$345,004,324$58,716,469$33,923,566$314,097,065
87$380,073,756$61,472,567$34,938,996$345,427,085
88$418,716,459$64,359,902$35,984,632$379,925,264
89$461,296,785$67,384,784$37,061,364$417,913,627
90$508,216,248$70,553,830$38,170,112$459,746,997
91$559,917,314$73,873,976$39,311,819$505,816,341
92$616,887,573$77,352,494$40,487,457$556,552,448
93$679,664,347$80,997,008$41,698,029$612,429,994
94$748,839,761$84,815,512$42,944,563$673,972,016
95$825,066,330$88,816,386$44,228,121$741,754,837
96$909,063,125$93,008,418$45,549,792$816,413,505
97$1,001,622,554$97,400,821$46,910,700$898,647,775
98$1,103,617,847$102,003,253$48,312,001$989,228,709
99$1,216,011,298$106,825,843$49,754,883$1,089,005,947
100$1,339,863,351$111,879,210$51,240,572$1,198,915,714