Can I retire at age 52 with 16,700,000?

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 $16,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,379,070$1,366,786$1,354,802$1,343,104$1,331,681$1,286,994
2 years$682,708$669,993$657,671$645,723$634,134$589,553
3 years$450,618$437,848$425,556$413,721$402,321$359,246
4 years$334,595$321,865$309,696$298,063$286,938$245,699
5 years$265,000$252,346$240,337$228,941$218,126$178,832
6 years$218,618$206,059$194,228$183,086$172,596$135,279
7 years$185,501$173,048$161,404$150,525$140,367$105,021
8 years$160,675$148,334$136,884$126,272$116,448$83,047
9 years$141,376$129,152$117,898$107,555$98,066$66,569
10 years$125,946$113,841$102,786$92,714$83,557$53,914
11 years$113,329$101,346$90,491$80,689$71,862$44,015
12 years$102,823$90,963$80,309$70,775$62,274$36,161
13 years$93,940$82,204$71,750$62,484$54,304$29,858
14 years$86,333$74,721$64,468$55,466$47,603$24,754
15 years$79,745$68,259$58,206$49,466$41,913$20,590
16 years$73,987$62,626$52,772$44,291$37,043$17,173
17 years$68,912$57,676$48,021$39,795$32,845$14,354
18 years$64,405$53,296$43,837$35,864$29,204$12,020
19 years$60,378$49,394$40,130$32,406$26,030$10,081
20 years$56,758$45,899$36,830$29,350$23,251$8,466
21 years$53,487$42,753$33,876$26,637$20,807$7,117
22 years$50,517$39,909$31,222$24,219$18,650$5,988
23 years$47,810$37,326$28,828$22,057$16,742$5,042
24 years$45,332$34,972$26,661$20,117$15,048$4,248
25 years$43,055$32,819$24,694$18,372$13,541$3,581
26 years$40,957$30,845$22,902$16,798$12,197$3,020
27 years$39,018$29,029$21,267$15,376$10,997$2,547
28 years$37,221$27,353$19,770$14,088$9,922$2,150
29 years$35,550$25,805$18,398$12,919$8,960$1,815
30 years$33,994$24,370$17,137$11,856$8,096$1,532
31 years$32,541$23,038$15,976$10,889$7,319$1,294
32 years$31,182$21,798$14,906$10,007$6,621$1,093
33 years$29,907$20,643$13,918$9,202$5,992$923
34 years$28,710$19,565$13,004$8,467$5,425$780
35 years$27,584$18,557$12,158$7,794$4,914$659
36 years$26,523$17,614$11,373$7,178$4,452$557
37 years$25,522$16,729$10,645$6,614$4,035$470
38 years$24,576$15,898$9,969$6,096$3,658$398
39 years$23,680$15,118$9,340$5,621$3,317$336
40 years$22,832$14,383$8,754$5,185$3,009$284
41 years$22,026$13,692$8,209$4,783$2,730$240
42 years$21,262$13,039$7,700$4,415$2,477$203
43 years$20,534$12,424$7,225$4,075$2,248$171
44 years$19,842$11,843$6,782$3,763$2,040$145
45 years$19,182$11,293$6,368$3,475$1,852$122
46 years$18,553$10,773$5,981$3,210$1,682$103
47 years$17,953$10,281$5,619$2,966$1,527$87
48 years$17,379$9,814$5,281$2,740$1,387$74
49 years$16,830$9,372$4,963$2,533$1,260$63
50 years$16,305$8,953$4,666$2,341$1,144$53

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $16,700,000, adding $5,835 every year, while hoping to spend $28,577 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: 64/25/11 Blend
51$16,700,000$16,700,000$16,700,000$16,700,000
52$18,409,419$17,524,319$17,265,469$19,541,884
53$20,256,774$18,352,605$17,813,456$21,127,260
54$22,291,601$19,220,519$18,378,844$22,854,348
55$24,532,993$20,129,973$18,962,183$24,740,058
56$27,001,988$21,082,971$19,564,046$26,799,820
57$29,721,769$22,081,615$20,185,020$29,050,602
58$32,717,884$23,128,108$20,825,712$31,511,070
59$36,018,483$24,224,761$21,486,749$34,201,755
60$39,654,590$25,373,996$22,168,777$37,145,246
61$43,660,391$26,578,354$22,872,463$40,366,394
62$48,073,555$27,840,498$23,598,495$43,892,547
63$52,935,596$29,163,220$24,347,583$47,753,794
64$58,292,259$30,549,450$25,120,459$51,983,250
65$64,193,954$32,002,259$25,917,880$56,617,361
66$70,696,233$33,524,865$26,740,624$61,696,238
67$77,860,311$35,120,645$27,589,497$67,264,033
68$85,753,646$36,793,140$28,465,328$73,369,345
69$94,450,576$38,546,062$29,368,975$80,065,675
70$104,033,020$40,383,305$30,301,321$87,411,919
71$114,591,251$42,308,949$31,263,278$95,472,920
72$126,224,747$44,327,276$32,255,786$104,320,068
73$139,043,133$46,442,775$33,279,817$114,031,966
74$153,167,214$48,660,152$34,336,372$124,695,164
75$168,730,114$50,984,343$35,426,485$136,404,964
76$185,878,535$53,420,525$36,551,221$149,266,311
77$204,774,140$55,974,126$37,711,682$163,394,770
78$225,595,080$58,650,836$38,909,002$178,917,612
79$248,537,677$61,456,626$40,144,352$195,974,995
80$273,818,274$64,397,754$41,418,941$214,721,281
81$301,675,279$67,480,785$42,734,017$235,326,478
82$332,371,415$70,712,602$44,090,865$257,977,832
83$366,196,204$74,100,423$45,490,812$282,881,579
84$403,468,692$77,651,819$46,935,230$310,264,879
85$444,540,469$81,374,729$48,425,531$340,377,943
86$489,798,983$85,277,477$49,963,172$373,496,380
87$539,671,201$89,368,795$51,549,660$409,923,782
88$594,627,635$93,657,837$53,186,545$449,994,570
89$655,186,790$98,154,208$54,875,431$494,077,135
90$721,920,053$102,867,974$56,617,968$542,577,294
91$795,457,092$107,809,699$58,415,864$595,942,103
92$876,491,796$112,990,455$60,270,876$654,664,053
93$965,788,830$118,421,858$62,184,821$719,285,697
94$1,064,190,849$124,116,088$64,159,571$790,404,754
95$1,172,626,459$130,085,919$66,197,060$868,679,719
96$1,292,118,978$136,344,749$68,299,281$954,836,057
97$1,423,796,098$142,906,626$70,468,292$1,049,673,029
98$1,568,900,536$149,786,287$72,706,216$1,154,071,201
99$1,728,801,760$156,999,184$75,015,244$1,269,000,734
100$1,905,008,920$164,561,525$77,397,634$1,395,530,509