Can I retire at age 52 with 7,400,000?

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 $7,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$611,085$605,642$600,331$595,148$590,086$569,603
2 years$302,517$296,883$291,423$286,129$280,994$260,569
3 years$199,675$194,016$188,570$183,325$178,274$158,549
4 years$148,264$142,623$137,231$132,076$127,146$108,273
5 years$117,425$111,818$106,497$101,447$96,655$78,682
6 years$96,873$91,308$86,065$81,128$76,480$59,421
7 years$82,198$76,680$71,520$66,700$62,198$46,052
8 years$71,197$65,729$60,655$55,953$51,600$36,351
9 years$62,646$57,229$52,242$47,659$43,454$29,085
10 years$55,808$50,444$45,546$41,083$37,025$23,512
11 years$50,218$44,908$40,098$35,754$31,843$19,157
12 years$45,562$40,307$35,586$31,361$27,594$15,708
13 years$41,626$36,426$31,794$27,687$24,063$12,943
14 years$38,255$33,110$28,567$24,578$21,093$10,708
15 years$35,336$30,246$25,792$21,919$18,572$8,888
16 years$32,785$27,751$23,384$19,626$16,414$7,397
17 years$30,536$25,557$21,279$17,634$14,554$6,169
18 years$28,539$23,616$19,425$15,892$12,941$5,155
19 years$26,754$21,887$17,782$14,360$11,534$4,313
20 years$25,150$20,339$16,320$13,005$10,303$3,614
21 years$23,701$18,945$15,011$11,803$9,220$3,031
22 years$22,385$17,684$13,835$10,732$8,264$2,544
23 years$21,185$16,540$12,774$9,774$7,418$2,137
24 years$20,087$15,496$11,814$8,914$6,668$1,796
25 years$19,078$14,543$10,942$8,141$6,000$1,510
26 years$18,149$13,668$10,148$7,444$5,405$1,271
27 years$17,289$12,863$9,423$6,813$4,873$1,069
28 years$16,493$12,121$8,760$6,242$4,397$900
29 years$15,753$11,434$8,152$5,724$3,970$758
30 years$15,063$10,799$7,594$5,254$3,587$638
31 years$14,419$10,208$7,079$4,825$3,243$538
32 years$13,817$9,659$6,605$4,434$2,934$453
33 years$13,252$9,147$6,167$4,078$2,655$382
34 years$12,722$8,670$5,762$3,752$2,404$322
35 years$12,223$8,223$5,387$3,454$2,177$271
36 years$11,753$7,805$5,040$3,181$1,973$229
37 years$11,309$7,413$4,717$2,931$1,788$193
38 years$10,890$7,045$4,417$2,701$1,621$162
39 years$10,493$6,699$4,139$2,491$1,470$137
40 years$10,117$6,373$3,879$2,297$1,333$115
41 years$9,760$6,067$3,637$2,120$1,210$97
42 years$9,421$5,778$3,412$1,956$1,098$82
43 years$9,099$5,505$3,202$1,806$996$69
44 years$8,792$5,248$3,005$1,667$904$58
45 years$8,500$5,004$2,822$1,540$821$49
46 years$8,221$4,774$2,650$1,422$745$41
47 years$7,955$4,556$2,490$1,314$677$35
48 years$7,701$4,349$2,340$1,214$615$29
49 years$7,458$4,153$2,199$1,122$558$25
50 years$7,225$3,967$2,068$1,037$507$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $7,400,000, adding $4,622 every year, while hoping to spend $44,095 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: 66/26/8 Blend
51$7,400,000$7,400,000$7,400,000$7,400,000
52$8,159,568$7,767,368$7,652,668$8,685,417
53$8,944,927$8,101,052$7,862,115$9,369,227
54$9,808,915$8,449,609$8,077,101$10,110,585
55$10,759,505$8,813,721$8,297,765$10,919,647
56$11,805,483$9,194,101$8,524,249$11,803,008
57$12,956,529$9,591,499$8,756,698$12,767,926
58$14,223,308$10,006,696$8,995,261$13,822,384
59$15,617,573$10,440,512$9,240,090$14,975,165
60$17,152,273$10,893,804$9,491,340$16,235,935
61$18,841,676$11,367,472$9,749,171$17,615,329
62$20,701,505$11,862,455$10,013,746$19,125,053
63$22,749,082$12,379,739$10,285,230$20,777,988
64$25,003,496$12,920,355$10,563,793$22,588,315
65$27,485,782$13,485,382$10,849,610$24,571,640
66$30,219,118$14,075,951$11,142,857$26,745,144
67$33,229,041$14,693,246$11,443,717$29,127,741
68$36,543,695$15,338,507$11,752,373$31,740,252
69$40,194,091$16,013,033$12,069,016$34,605,603
70$44,214,400$16,718,183$12,393,840$37,749,034
71$48,642,276$17,455,381$12,727,041$41,198,337
72$53,519,213$18,226,120$13,068,822$44,984,114
73$58,890,934$19,031,960$13,419,388$49,140,064
74$64,807,821$19,874,539$13,778,950$53,703,295
75$71,325,397$20,755,569$14,147,723$58,714,676
76$78,504,842$21,676,846$14,525,926$64,219,210
77$86,413,574$22,640,250$14,913,782$70,266,465
78$95,125,885$23,647,749$15,311,521$76,911,032
79$104,723,644$24,701,407$15,719,375$84,213,035
80$115,297,064$25,803,384$16,137,582$92,238,699
81$126,945,558$26,955,943$16,566,385$101,060,967
82$139,778,676$28,161,456$17,006,031$110,760,183
83$153,917,140$29,422,407$17,456,772$121,424,850
84$169,493,980$30,741,396$17,918,865$133,152,455
85$186,655,793$32,121,151$18,392,574$146,050,385
86$205,564,123$33,564,527$18,878,164$160,236,936
87$226,396,990$35,074,515$19,375,909$175,842,425
88$249,350,567$36,654,251$19,886,087$193,010,411
89$274,641,034$38,307,018$20,408,979$211,899,043
90$302,506,614$40,036,256$20,944,875$232,682,551
91$333,209,828$41,845,572$21,494,067$255,552,877
92$367,039,967$43,738,741$22,056,855$280,721,486
93$404,315,826$45,719,723$22,633,542$308,421,347
94$445,388,713$47,792,662$23,224,439$338,909,131
95$490,645,764$49,961,904$23,829,860$372,467,621
96$540,513,598$52,232,003$24,450,125$409,408,373
97$595,462,342$54,607,728$25,085,561$450,074,651
98$656,010,073$57,094,079$25,736,500$494,844,652
99$722,727,706$59,696,295$26,403,278$544,135,072
100$796,244,382$62,419,863$27,086,239$598,405,024