Can I retire at age 52 with 8,600,000?

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 $8,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$710,180$703,854$697,682$691,658$685,776$666,765
2 years$351,574$345,026$338,681$332,528$326,560$307,548
3 years$232,055$225,479$219,149$213,054$207,183$188,766
4 years$172,307$165,751$159,484$153,493$147,765$130,084
5 years$136,467$129,951$123,766$117,898$112,328$95,433
6 years$112,582$106,114$100,022$94,284$88,882$72,787
7 years$95,528$89,115$83,118$77,516$72,285$56,991
8 years$82,743$76,388$70,491$65,026$59,967$45,466
9 years$72,804$66,509$60,714$55,388$50,501$36,779
10 years$64,858$58,625$52,932$47,745$43,029$30,069
11 years$58,361$52,190$46,600$41,552$37,007$24,787
12 years$52,951$46,843$41,357$36,447$32,069$20,567
13 years$48,376$42,332$36,949$32,177$27,965$17,156
14 years$44,459$38,479$33,199$28,563$24,514$14,372
15 years$41,066$35,151$29,974$25,473$21,584$12,082
16 years$38,101$32,251$27,176$22,809$19,076$10,186
17 years$35,488$29,702$24,729$20,493$16,914$8,608
18 years$33,167$27,446$22,575$18,469$15,039$7,289
19 years$31,093$25,436$20,666$16,688$13,405$6,183
20 years$29,229$23,637$18,966$15,114$11,973$5,252
21 years$27,544$22,017$17,445$13,717$10,715$4,466
22 years$26,015$20,552$16,078$12,472$9,604$3,802
23 years$24,621$19,222$14,846$11,359$8,621$3,240
24 years$23,344$18,009$13,730$10,360$7,749$2,762
25 years$22,172$16,901$12,716$9,461$6,973$2,356
26 years$21,092$15,884$11,794$8,651$6,281$2,011
27 years$20,093$14,949$10,952$7,918$5,663$1,718
28 years$19,168$14,086$10,181$7,255$5,110$1,467
29 years$18,307$13,289$9,474$6,653$4,614$1,254
30 years$17,506$12,550$8,825$6,106$4,169$1,072
31 years$16,758$11,864$8,227$5,607$3,769$916
32 years$16,058$11,225$7,676$5,153$3,409$784
33 years$15,401$10,631$7,167$4,739$3,086$670
34 years$14,785$10,076$6,697$4,360$2,794$573
35 years$14,205$9,556$6,261$4,014$2,530$491
36 years$13,659$9,070$5,857$3,697$2,293$420
37 years$13,143$8,615$5,482$3,406$2,078$359
38 years$12,656$8,187$5,134$3,139$1,884$307
39 years$12,195$7,785$4,810$2,895$1,708$263
40 years$11,758$7,407$4,508$2,670$1,549$225
41 years$11,343$7,051$4,227$2,463$1,406$193
42 years$10,949$6,715$3,965$2,273$1,276$165
43 years$10,575$6,398$3,721$2,099$1,158$141
44 years$10,218$6,099$3,493$1,938$1,051$121
45 years$9,878$5,816$3,279$1,790$954$103
46 years$9,554$5,548$3,080$1,653$866$89
47 years$9,245$5,294$2,894$1,527$786$76
48 years$8,950$5,054$2,719$1,411$714$65
49 years$8,667$4,826$2,556$1,304$649$56
50 years$8,397$4,610$2,403$1,205$589$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $8,600,000, adding $5,928 every year, while hoping to spend $48,908 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: 71/23/6 Blend
51$8,600,000$8,600,000$8,600,000$8,600,000
52$9,483,315$9,027,515$8,894,215$10,149,010
53$10,398,575$9,417,825$9,140,133$10,979,531
54$11,405,553$9,825,622$9,392,651$11,881,599
55$12,513,551$10,251,709$9,651,937$12,867,545
56$13,732,822$10,696,931$9,918,165$13,945,603
57$15,074,659$11,162,170$10,191,513$15,124,836
58$16,551,508$11,648,350$10,472,162$16,415,214
59$18,177,081$12,156,438$10,760,298$17,827,713
60$19,966,488$12,687,449$11,056,113$19,374,411
61$21,936,378$13,242,442$11,359,801$21,068,601
62$24,105,096$13,822,529$11,671,562$22,924,920
63$26,492,856$14,428,874$11,991,600$24,959,475
64$29,121,932$15,062,694$12,320,124$27,190,002
65$32,016,869$15,725,265$12,657,347$29,636,026
66$35,204,711$16,417,925$13,003,490$32,319,043
67$38,715,260$17,142,071$13,358,775$35,262,723
68$42,581,354$17,899,170$13,723,432$38,493,127
69$46,839,180$18,690,757$14,097,694$42,038,953
70$51,528,611$19,518,439$14,481,802$45,931,802
71$56,693,588$20,383,901$14,876,001$50,206,475
72$62,382,527$21,288,905$15,280,540$54,901,296
73$68,648,783$22,235,300$15,695,676$60,058,473
74$75,551,149$23,225,020$16,121,672$65,724,490
75$83,154,413$24,260,093$16,558,794$71,950,542
76$91,529,967$25,342,641$17,007,317$78,793,020
77$100,756,481$26,474,888$17,467,521$86,314,031
78$110,920,650$27,659,165$17,939,690$94,581,986
79$122,118,005$28,897,913$18,424,118$103,672,237
80$134,453,818$30,193,687$18,921,103$113,667,788
81$148,044,098$31,549,168$19,430,950$124,660,072
82$163,016,679$32,967,161$19,953,971$136,749,805
83$179,512,435$34,450,606$20,490,483$150,047,940
84$197,686,601$36,002,584$21,040,812$164,676,699
85$217,710,245$37,626,321$21,605,290$180,770,728
86$239,771,879$39,325,199$22,184,256$198,478,360
87$264,079,237$41,102,761$22,778,055$217,963,009
88$290,861,241$42,962,718$23,387,042$239,404,702
89$320,370,156$44,908,960$24,011,576$263,001,781
90$352,883,974$46,945,560$24,652,025$288,972,756
91$388,709,037$49,076,791$25,308,766$317,558,371
92$428,182,930$51,307,125$25,982,181$349,023,862
93$471,677,665$53,641,250$26,672,661$383,661,455
94$519,603,196$56,084,080$27,380,604$421,793,115
95$572,411,285$58,640,763$28,106,417$463,773,580
96$630,599,769$61,316,693$28,850,514$509,993,693
97$694,717,258$64,117,524$29,613,319$560,884,090
98$765,368,314$67,049,179$30,395,261$616,919,248
99$843,219,160$70,117,866$31,196,781$678,621,959
100$929,003,966$73,330,093$32,018,324$746,568,249