Can I retire at age 52 with 8,300,000?

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 $8,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$685,406$679,301$673,344$667,531$661,854$647,168
2 years$339,310$332,991$326,866$320,928$315,168$300,450
3 years$223,960$217,613$211,504$205,622$199,956$185,663
4 years$166,296$159,969$153,921$148,139$142,610$128,853
5 years$131,707$125,417$119,449$113,785$108,410$95,228
6 years$108,655$102,413$96,532$90,995$85,781$73,188
7 years$92,195$86,006$80,219$74,812$69,763$57,761
8 years$79,857$73,723$68,032$62,758$57,875$46,459
9 years$70,265$64,189$58,596$53,456$48,739$37,902
10 years$62,596$56,580$51,085$46,079$41,528$31,257
11 years$56,325$50,370$44,975$40,103$35,716$25,998
12 years$51,104$45,209$39,914$35,176$30,950$21,771
13 years$46,689$40,856$35,660$31,055$26,989$18,331
14 years$42,908$37,137$32,041$27,567$23,659$15,504
15 years$39,634$33,925$28,929$24,585$20,831$13,162
16 years$36,772$31,126$26,228$22,013$18,411$11,208
17 years$34,250$28,665$23,867$19,779$16,324$9,569
18 years$32,010$26,488$21,787$17,824$14,515$8,187
19 years$30,008$24,549$19,945$16,106$12,937$7,017
20 years$28,209$22,812$18,305$14,587$11,556$6,024
21 years$26,583$21,249$16,837$13,239$10,341$5,179
22 years$25,107$19,835$15,518$12,037$9,269$4,457
23 years$23,762$18,551$14,328$10,962$8,321$3,839
24 years$22,530$17,381$13,251$9,998$7,479$3,310
25 years$21,399$16,311$12,273$9,131$6,730$2,855
26 years$20,356$15,330$11,382$8,349$6,062$2,465
27 years$19,392$14,427$10,570$7,642$5,465$2,129
28 years$18,499$13,595$9,826$7,002$4,931$1,840
29 years$17,669$12,825$9,144$6,421$4,453$1,590
30 years$16,895$12,112$8,517$5,893$4,024$1,375
31 years$16,173$11,450$7,940$5,412$3,638$1,189
32 years$15,497$10,834$7,408$4,974$3,291$1,029
33 years$14,864$10,260$6,917$4,574$2,978$890
34 years$14,269$9,724$6,463$4,208$2,696$771
35 years$13,710$9,223$6,042$3,874$2,442$667
36 years$13,182$8,754$5,653$3,568$2,213$578
37 years$12,685$8,314$5,291$3,287$2,005$500
38 years$12,214$7,902$4,955$3,030$1,818$433
39 years$11,769$7,514$4,642$2,794$1,649$375
40 years$11,347$7,149$4,351$2,577$1,495$325
41 years$10,947$6,805$4,080$2,377$1,357$281
42 years$10,567$6,481$3,827$2,194$1,231$244
43 years$10,206$6,175$3,591$2,025$1,117$211
44 years$9,862$5,886$3,371$1,870$1,014$183
45 years$9,534$5,613$3,165$1,727$921$158
46 years$9,221$5,354$2,973$1,595$836$137
47 years$8,923$5,110$2,793$1,474$759$119
48 years$8,637$4,878$2,624$1,362$689$103
49 years$8,365$4,658$2,467$1,259$626$89
50 years$8,104$4,450$2,319$1,163$569$77

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,300,000, adding $5,771 every year, while hoping to spend $24,903 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: 41/38/21 Blend
51$8,300,000$8,300,000$8,300,000$8,300,000
52$9,152,553$8,712,653$8,584,003$9,470,971
53$10,059,617$9,113,076$8,845,070$10,099,268
54$11,058,366$9,532,286$9,114,049$10,776,063
55$12,158,127$9,971,175$9,391,177$11,508,112
56$13,369,176$10,430,683$9,676,702$12,300,485
57$14,702,836$10,911,790$9,970,875$13,158,746
58$16,171,584$11,415,527$10,273,958$14,088,999
59$17,789,170$11,942,972$10,586,220$15,097,944
60$19,570,744$12,495,256$10,907,937$16,192,938
61$21,533,002$13,073,566$11,239,395$17,382,059
62$23,694,340$13,679,142$11,580,887$18,674,178
63$26,075,032$14,313,289$11,932,715$20,079,039
64$28,697,415$14,977,371$12,295,192$21,607,348
65$31,586,108$15,672,819$12,668,637$23,270,866
66$34,768,237$16,401,133$13,053,382$25,082,521
67$38,273,694$17,163,885$13,449,767$27,056,518
68$42,135,419$17,962,723$13,858,143$29,208,475
69$46,389,711$18,799,376$14,278,870$31,555,557
70$51,076,569$19,675,653$14,712,320$34,116,642
71$56,240,074$20,593,455$15,158,877$36,912,484
72$61,928,797$21,554,769$15,618,935$39,965,909
73$68,196,265$22,561,684$16,092,900$43,302,022
74$75,101,463$23,616,385$16,581,191$46,948,434
75$82,709,390$24,721,166$17,084,239$50,935,523
76$91,091,674$25,878,430$17,602,487$55,296,705
77$100,327,249$27,090,697$18,136,394$60,068,747
78$110,503,095$28,360,607$18,686,430$65,292,105
79$121,715,064$29,690,931$19,253,080$71,011,296
80$134,068,786$31,084,572$19,836,842$77,275,310
81$147,680,658$32,544,572$20,438,233$84,138,065
82$162,678,953$34,074,124$21,057,781$91,658,902
83$179,205,022$35,676,572$21,696,033$99,903,140
84$197,414,634$37,355,423$22,353,550$108,942,677
85$217,479,443$39,114,355$23,030,910$118,856,663
86$239,588,611$40,957,224$23,728,710$129,732,231
87$263,950,591$42,888,070$24,447,564$141,665,308
88$290,795,098$44,911,131$25,188,104$154,761,510
89$320,375,273$47,030,852$25,950,981$169,137,126
90$352,970,077$49,251,890$26,736,864$184,920,196
91$388,886,921$51,579,129$27,546,446$202,251,714
92$428,464,571$54,017,690$28,380,436$221,286,935
93$472,076,344$56,572,943$29,239,567$242,196,832
94$520,133,632$59,250,518$30,124,593$265,169,687
95$573,089,786$62,056,318$31,036,291$290,412,855
96$631,444,398$64,996,531$31,975,460$318,154,703
97$695,748,013$68,077,647$32,942,924$348,646,744
98$766,607,329$71,306,471$33,939,532$382,165,994
99$844,690,926$74,690,137$34,966,155$419,017,562
100$930,735,574$78,236,127$36,023,695$459,537,515