Can I retire at age 52 with 7,100,000?

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 $7,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$586,311$581,089$575,993$571,020$566,164$550,691
2 years$290,253$284,847$279,608$274,529$269,602$254,126
3 years$191,580$186,151$180,925$175,893$171,047$156,052
4 years$142,253$136,841$131,667$126,721$121,992$107,594
5 years$112,665$107,285$102,179$97,334$92,736$78,975
6 years$92,945$87,606$82,576$77,839$73,379$60,268
7 years$78,866$73,571$68,621$63,996$59,677$47,215
8 years$68,311$63,064$58,196$53,684$49,508$37,690
9 years$60,106$54,909$50,124$45,727$41,693$30,507
10 years$53,546$48,399$43,699$39,417$35,524$24,957
11 years$48,182$43,087$38,472$34,305$30,552$20,586
12 years$43,715$38,673$34,143$30,090$26,476$17,093
13 years$39,939$34,949$30,505$26,565$23,087$14,267
14 years$36,704$31,768$27,409$23,581$20,238$11,960
15 years$33,904$29,020$24,746$21,030$17,819$10,061
16 years$31,456$26,625$22,436$18,830$15,749$8,489
17 years$29,298$24,521$20,416$16,919$13,964$7,179
18 years$27,382$22,659$18,637$15,247$12,416$6,084
19 years$25,670$21,000$17,061$13,777$11,067$5,164
20 years$24,131$19,514$15,658$12,478$9,885$4,390
21 years$22,740$18,177$14,402$11,325$8,846$3,736
22 years$21,477$16,967$13,274$10,297$7,929$3,183
23 years$20,326$15,869$12,256$9,377$7,118$2,714
24 years$19,273$14,868$11,335$8,553$6,398$2,316
25 years$18,305$13,953$10,498$7,811$5,757$1,977
26 years$17,413$13,114$9,737$7,142$5,186$1,689
27 years$16,589$12,341$9,041$6,537$4,675$1,444
28 years$15,824$11,629$8,405$5,989$4,218$1,234
29 years$15,114$10,971$7,822$5,492$3,809$1,056
30 years$14,453$10,361$7,286$5,041$3,442$903
31 years$13,835$9,794$6,792$4,629$3,112$773
32 years$13,257$9,268$6,337$4,255$2,815$661
33 years$12,715$8,777$5,917$3,912$2,547$566
34 years$12,206$8,318$5,529$3,600$2,306$485
35 years$11,728$7,890$5,169$3,314$2,089$415
36 years$11,276$7,488$4,835$3,052$1,893$355
37 years$10,851$7,112$4,526$2,812$1,715$304
38 years$10,448$6,759$4,238$2,592$1,555$261
39 years$10,068$6,427$3,971$2,390$1,410$223
40 years$9,707$6,115$3,722$2,204$1,279$191
41 years$9,364$5,821$3,490$2,034$1,161$164
42 years$9,039$5,544$3,274$1,877$1,053$140
43 years$8,730$5,282$3,072$1,733$956$120
44 years$8,436$5,035$2,883$1,600$867$103
45 years$8,155$4,801$2,707$1,477$788$88
46 years$7,888$4,580$2,543$1,365$715$76
47 years$7,633$4,371$2,389$1,261$649$65
48 years$7,389$4,173$2,245$1,165$590$56
49 years$7,155$3,985$2,110$1,077$536$48
50 years$6,932$3,806$1,984$995$486$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,100,000, adding $5,788 every year, while hoping to spend $36,568 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: 80/7/13 Blend
51$7,100,000$7,100,000$7,100,000$7,100,000
52$7,830,170$7,453,870$7,343,820$8,436,561
53$8,589,940$7,780,202$7,550,930$9,162,174
54$9,425,980$8,121,298$7,763,753$9,952,977
55$10,346,032$8,477,844$7,982,441$10,819,771
56$11,358,625$8,850,556$8,207,150$11,770,149
57$12,473,158$9,240,187$8,438,043$12,812,473
58$13,699,986$9,647,521$8,675,283$13,955,954
59$15,050,518$10,073,384$8,919,039$15,210,732
60$16,537,329$10,518,638$9,169,485$16,587,980
61$18,174,272$10,984,186$9,426,798$18,100,002
62$19,976,612$11,470,976$9,691,160$19,760,349
63$21,961,171$11,979,998$9,962,758$21,583,949
64$24,146,484$12,512,291$10,241,784$23,587,244
65$26,552,974$13,068,943$10,528,433$25,788,348
66$29,203,148$13,651,092$10,822,906$28,207,212
67$32,121,806$14,259,932$11,125,410$30,865,815
68$35,336,275$14,896,713$11,436,156$33,788,369
69$38,876,669$15,562,745$11,755,361$37,001,547
70$42,776,169$16,259,400$12,083,245$40,534,735
71$47,071,342$16,988,114$12,420,038$44,420,304
72$51,802,480$17,750,394$12,765,971$48,693,919
73$57,013,986$18,547,815$13,121,283$53,394,873
74$62,754,786$19,382,032$13,486,219$58,566,453
75$69,078,796$20,254,774$13,861,031$64,256,354
76$76,045,432$21,167,856$14,245,973$70,517,123
77$83,720,162$22,123,177$14,641,310$77,406,654
78$92,175,136$23,122,730$15,047,310$84,988,734
79$101,489,855$24,168,599$15,464,251$93,333,645
80$111,751,931$25,262,971$15,892,414$102,518,822
81$123,057,907$26,408,135$16,332,089$112,629,585
82$135,514,171$27,606,492$16,783,572$123,759,944
83$149,237,962$28,860,556$17,247,167$136,013,480
84$164,358,472$30,172,961$17,723,185$149,504,324
85$181,018,069$31,546,469$18,211,944$164,358,235
86$199,373,638$32,983,972$18,713,770$180,713,779
87$219,598,065$34,488,502$19,228,997$198,723,639
88$241,881,864$36,063,235$19,757,966$218,556,054
89$266,434,983$37,711,502$20,301,026$240,396,403
90$293,488,776$39,436,791$20,858,535$264,448,954
91$323,298,196$41,242,758$21,430,860$290,938,790
92$356,144,193$43,133,234$22,018,376$320,113,930
93$392,336,374$45,112,236$22,621,464$352,247,670
94$432,215,919$47,183,971$23,240,519$387,641,157
95$476,158,808$49,352,850$23,875,941$426,626,231
96$524,579,362$51,623,496$24,528,140$469,568,554
97$577,934,162$54,000,752$25,197,538$516,871,060
98$636,726,354$56,489,696$25,884,563$568,977,754
99$701,510,401$59,095,651$26,589,655$626,377,900
100$772,897,317$61,824,192$27,313,264$689,610,639