Can I retire at age 52 with 7,000,000?

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 $7,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$578,053$572,904$567,881$562,978$558,190$536,255
2 years$286,165$280,836$275,670$270,662$265,805$243,974
3 years$188,882$183,529$178,377$173,416$168,637$147,598
4 years$140,249$134,913$129,813$124,936$120,274$100,186
5 years$111,078$105,774$100,740$95,963$91,430$72,346
6 years$91,636$86,372$81,413$76,743$72,346$54,277
7 years$77,755$72,535$67,655$63,094$58,836$41,776
8 years$67,349$62,176$57,376$52,928$48,810$32,743
9 years$59,259$54,135$49,418$45,083$41,105$26,006
10 years$52,792$47,718$43,084$38,862$35,024$20,863
11 years$47,503$42,480$37,930$33,822$30,122$16,867
12 years$43,099$38,128$33,662$29,666$26,103$13,719
13 years$39,376$34,457$30,075$26,191$22,762$11,212
14 years$36,187$31,320$27,023$23,249$19,953$9,199
15 years$33,426$28,611$24,398$20,734$17,568$7,570
16 years$31,013$26,250$22,120$18,565$15,527$6,245
17 years$28,885$24,176$20,128$16,681$13,767$5,163
18 years$26,996$22,339$18,375$15,033$12,241$4,275
19 years$25,308$20,704$16,821$13,583$10,911$3,545
20 years$23,791$19,239$15,438$12,302$9,746$2,943
21 years$22,420$17,921$14,200$11,165$8,721$2,445
22 years$21,175$16,728$13,087$10,152$7,817$2,033
23 years$20,040$15,645$12,084$9,245$7,017$1,692
24 years$19,001$14,659$11,175$8,432$6,307$1,409
25 years$18,047$13,757$10,351$7,701$5,676$1,173
26 years$17,168$12,929$9,600$7,041$5,112$978
27 years$16,355$12,168$8,914$6,445$4,609$815
28 years$15,601$11,466$8,287$5,905$4,159$679
29 years$14,901$10,816$7,712$5,415$3,756$566
30 years$14,249$10,215$7,183$4,970$3,393$472
31 years$13,640$9,657$6,697$4,564$3,068$394
32 years$13,070$9,137$6,248$4,195$2,775$329
33 years$12,536$8,653$5,834$3,857$2,512$274
34 years$12,034$8,201$5,451$3,549$2,274$229
35 years$11,562$7,779$5,096$3,267$2,060$191
36 years$11,118$7,383$4,767$3,009$1,866$159
37 years$10,698$7,012$4,462$2,772$1,691$133
38 years$10,301$6,664$4,179$2,555$1,533$111
39 years$9,926$6,337$3,915$2,356$1,390$93
40 years$9,570$6,029$3,669$2,173$1,261$77
41 years$9,233$5,739$3,441$2,005$1,144$65
42 years$8,912$5,466$3,228$1,850$1,038$54
43 years$8,607$5,208$3,029$1,708$942$45
44 years$8,317$4,964$2,843$1,577$855$38
45 years$8,041$4,734$2,669$1,457$776$31
46 years$7,777$4,516$2,507$1,345$705$26
47 years$7,525$4,309$2,355$1,243$640$22
48 years$7,285$4,114$2,213$1,149$581$18
49 years$7,055$3,928$2,080$1,062$528$15
50 years$6,834$3,753$1,956$981$480$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,000,000, adding $6,467 every year, while hoping to spend $23,939 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: 48/27/25 Blend
51$7,000,000$7,000,000$7,000,000$7,000,000
52$7,720,671$7,349,671$7,241,171$8,036,040
53$8,482,708$7,684,334$7,458,279$8,592,277
54$9,321,671$8,034,593$7,681,858$9,193,083
55$10,245,381$8,401,187$7,912,100$9,845,066
56$11,262,455$8,784,891$8,149,200$10,553,055
57$12,382,390$9,186,515$8,393,363$11,322,356
58$13,615,651$9,606,911$8,644,798$12,158,799
59$14,973,767$10,046,969$8,903,718$13,068,790
60$16,469,444$10,507,624$9,170,346$14,059,373
61$18,116,684$10,989,854$9,444,909$15,138,289
62$19,930,914$11,494,685$9,727,641$16,314,051
63$21,929,135$12,023,192$10,018,785$17,596,018
64$24,130,080$12,576,502$10,318,588$18,994,483
65$26,554,393$13,155,795$10,627,305$20,520,765
66$29,224,822$13,762,310$10,945,200$22,187,317
67$32,166,433$14,397,343$11,272,545$24,007,834
68$35,406,851$15,062,254$11,609,616$25,997,387
69$38,976,514$15,758,468$11,956,702$28,172,553
70$42,908,964$16,487,479$12,314,098$30,551,575
71$47,241,165$17,250,852$12,682,107$33,154,526
72$52,013,848$18,050,229$13,061,042$36,003,498
73$57,271,899$18,887,328$13,451,225$39,122,804
74$63,064,779$19,763,953$13,852,987$42,539,203
75$69,446,993$20,681,994$14,266,669$46,282,149
76$76,478,607$21,643,432$14,692,623$50,384,067
77$84,225,807$22,650,343$15,131,208$54,880,649
78$92,761,533$23,704,903$15,582,797$59,811,188
79$102,166,161$24,809,395$16,047,772$65,218,946
80$112,528,264$25,966,210$16,526,527$71,151,554
81$123,945,447$27,177,855$17,019,467$77,661,455
82$136,525,272$28,446,958$17,527,007$84,806,398
83$150,386,266$29,776,276$18,049,579$92,649,971
84$165,659,047$31,168,695$18,587,622$101,262,197
85$182,487,554$32,627,245$19,141,591$110,720,189
86$201,030,403$34,155,099$19,711,953$121,108,868
87$221,462,391$35,755,586$20,299,190$132,521,763
88$243,976,138$37,432,193$20,903,796$145,061,878
89$268,783,912$39,188,578$21,526,281$158,842,661
90$296,119,628$41,028,575$22,167,169$173,989,066
91$326,241,059$42,956,205$22,826,998$190,638,723
92$359,432,270$44,975,681$23,506,325$208,943,227
93$396,006,294$47,091,422$24,205,720$229,069,560
94$436,308,095$49,308,061$24,925,770$251,201,658
95$480,717,818$51,630,453$25,667,081$275,542,134
96$529,654,381$54,063,691$26,430,274$302,314,183
97$583,579,429$56,613,113$27,215,989$331,763,673
98$643,001,691$59,284,316$28,024,885$364,161,458
99$708,481,784$62,083,169$28,857,640$399,805,919
100$780,637,506$65,015,823$29,714,950$439,025,768