Can I retire at age 52 with 8,000,000?

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 $8,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$660,633$654,748$649,007$643,403$637,931$621,249
2 years$327,046$320,955$315,052$309,328$303,777$287,084
3 years$215,865$209,748$203,859$198,190$192,728$176,547
4 years$160,285$154,187$148,357$142,785$137,456$121,909
5 years$126,946$120,884$115,131$109,672$104,492$89,624
6 years$104,727$98,711$93,043$87,706$82,681$68,506
7 years$88,863$82,897$77,319$72,108$67,241$53,761
8 years$76,970$71,058$65,573$60,489$55,783$42,990
9 years$67,725$61,869$56,478$51,524$46,978$34,861
10 years$60,333$54,535$49,239$44,414$40,027$28,572
11 years$54,289$48,549$43,349$38,653$34,425$23,613
12 years$49,256$43,575$38,471$33,904$29,832$19,645
13 years$45,001$39,379$34,371$29,932$26,014$16,431
14 years$41,357$35,794$30,883$26,571$22,804$13,802
15 years$38,201$32,699$27,883$23,696$20,078$11,635
16 years$35,443$30,001$25,280$21,217$17,745$9,838
17 years$33,012$27,629$23,004$19,064$15,734$8,338
18 years$30,853$25,531$21,000$17,180$13,990$7,082
19 years$28,924$23,662$19,224$15,524$12,470$6,025
20 years$27,189$21,988$17,643$14,060$11,138$5,133
21 years$25,622$20,481$16,228$12,760$9,967$4,379
22 years$24,200$19,118$14,957$11,602$8,934$3,739
23 years$22,903$17,881$13,810$10,566$8,020$3,196
24 years$21,716$16,753$12,772$9,637$7,208$2,734
25 years$20,625$15,722$11,829$8,801$6,487$2,340
26 years$19,620$14,776$10,971$8,047$5,843$2,004
27 years$18,691$13,906$10,188$7,366$5,268$1,716
28 years$17,830$13,103$9,471$6,749$4,753$1,471
29 years$17,030$12,362$8,813$6,189$4,292$1,261
30 years$16,285$11,674$8,209$5,680$3,878$1,082
31 years$15,589$11,036$7,653$5,216$3,506$928
32 years$14,937$10,442$7,141$4,794$3,172$796
33 years$14,327$9,889$6,667$4,408$2,870$683
34 years$13,753$9,373$6,229$4,056$2,599$586
35 years$13,214$8,890$5,824$3,734$2,354$503
36 years$12,706$8,438$5,448$3,439$2,133$432
37 years$12,226$8,014$5,100$3,168$1,933$371
38 years$11,773$7,616$4,775$2,920$1,752$319
39 years$11,344$7,242$4,474$2,693$1,589$274
40 years$10,937$6,890$4,194$2,484$1,441$235
41 years$10,552$6,559$3,932$2,291$1,308$202
42 years$10,185$6,246$3,689$2,115$1,187$173
43 years$9,837$5,952$3,461$1,952$1,077$149
44 years$9,505$5,673$3,249$1,803$977$128
45 years$9,189$5,410$3,051$1,665$887$110
46 years$8,888$5,161$2,865$1,538$806$94
47 years$8,600$4,925$2,692$1,421$732$81
48 years$8,325$4,702$2,530$1,313$664$70
49 years$8,062$4,490$2,378$1,213$603$60
50 years$7,811$4,289$2,235$1,121$548$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,000,000, adding $5,702 every year, while hoping to spend $47,905 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: 64/22/14 Blend
51$8,000,000$8,000,000$8,000,000$8,000,000
52$8,821,882$8,397,882$8,273,882$9,356,633
53$9,670,743$8,758,407$8,500,086$10,075,840
54$10,604,583$9,134,993$8,732,263$10,855,090
55$11,632,018$9,528,375$8,970,561$11,705,118
56$12,762,543$9,939,325$9,215,135$12,632,819
57$14,006,620$10,368,650$9,466,139$13,645,781
58$15,375,775$10,817,193$9,723,734$14,752,351
59$16,882,708$11,285,840$9,988,084$15,961,716
60$18,541,415$11,775,517$10,259,356$17,283,983
61$20,367,316$12,287,193$10,537,720$18,730,277
62$22,377,400$12,821,884$10,823,352$20,312,839
63$24,590,391$13,380,652$11,116,430$22,045,146
64$27,026,917$13,964,611$11,417,137$23,942,032
65$29,709,710$14,574,924$11,725,659$26,019,823
66$32,663,819$15,212,814$12,042,187$28,296,495
67$35,916,844$15,879,558$12,366,916$30,791,839
68$39,499,200$16,576,493$12,700,044$33,527,642
69$43,444,398$17,305,022$13,041,776$36,527,893
70$47,789,370$18,066,611$13,392,319$39,819,008
71$52,574,809$18,862,798$13,751,885$43,430,071
72$57,845,557$19,695,192$14,120,690$47,393,113
73$63,651,026$20,565,479$14,498,956$51,743,404
74$70,045,668$21,475,425$14,886,908$56,519,789
75$77,089,484$22,426,879$15,284,777$61,765,044
76$84,848,593$23,421,777$15,692,799$67,526,284
77$93,395,854$24,462,149$16,111,212$73,855,398
78$102,811,556$25,550,119$16,540,262$80,809,538
79$113,184,173$26,687,913$16,980,200$88,451,654
80$124,611,201$27,877,864$17,431,279$96,851,082
81$137,200,077$29,122,412$17,893,760$106,084,197
82$151,069,192$30,424,117$18,367,908$116,235,127
83$166,349,010$31,785,659$18,853,993$127,396,544
84$183,183,298$33,209,845$19,352,291$139,670,532
85$201,730,484$34,699,618$19,863,083$153,169,547
86$222,165,152$36,258,057$20,386,654$168,017,471
87$244,679,688$37,888,392$20,923,297$184,350,780
88$269,486,097$39,594,005$21,473,309$202,319,819
89$296,818,007$41,378,439$22,036,993$222,090,223
90$326,932,867$43,245,406$22,614,656$243,844,469
91$360,114,385$45,198,797$23,206,613$267,783,592
92$396,675,201$47,242,686$23,813,182$294,129,079
93$436,959,838$49,381,344$24,434,690$323,124,947
94$481,347,957$51,619,245$25,071,468$355,040,046
95$530,257,937$53,961,077$25,723,851$390,170,581
96$584,150,829$56,411,752$26,392,182$428,842,904
97$643,534,703$58,976,418$27,076,810$471,416,587
98$708,969,448$61,660,467$27,778,088$518,287,804
99$781,072,054$64,469,553$28,496,376$569,893,064
100$860,522,439$67,409,597$29,232,041$626,713,318