Can I retire at age 52 with 9,700,000?

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 $9,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$801,017$793,882$786,921$780,126$773,492$763,510
2 years$396,543$389,158$382,000$375,061$368,329$358,287
3 years$261,736$254,319$247,180$240,305$233,683$223,893
4 years$194,346$186,951$179,883$173,126$166,665$157,201
5 years$153,922$146,572$139,597$132,978$126,696$117,587
6 years$126,982$119,687$112,815$106,343$100,250$91,507
7 years$107,746$100,513$93,750$87,431$81,530$73,156
8 years$93,326$86,158$79,507$73,343$67,637$59,631
9 years$82,117$75,016$68,480$62,472$56,960$49,318
10 years$73,154$66,123$59,702$53,852$48,533$41,250
11 years$65,826$58,866$52,561$46,867$41,740$34,809
12 years$59,723$52,835$46,646$41,109$36,171$29,585
13 years$54,564$47,747$41,675$36,293$31,542$25,292
14 years$50,145$43,401$37,446$32,217$27,649$21,726
15 years$46,319$39,647$33,808$28,732$24,345$18,738
16 years$42,975$36,376$30,652$25,726$21,516$16,216
17 years$40,027$33,501$27,892$23,115$19,078$14,073
18 years$37,409$30,956$25,462$20,831$16,963$12,244
19 years$35,070$28,690$23,309$18,823$15,119$10,674
20 years$32,967$26,660$21,392$17,047$13,505$9,323
21 years$31,067$24,833$19,677$15,472$12,085$8,155
22 years$29,342$23,180$18,135$14,067$10,833$7,143
23 years$27,770$21,680$16,744$12,811$9,724$6,264
24 years$26,330$20,313$15,486$11,685$8,740$5,498
25 years$25,008$19,063$14,343$10,671$7,865$4,831
26 years$23,790$17,916$13,302$9,757$7,084$4,247
27 years$22,663$16,861$12,352$8,931$6,387$3,737
28 years$21,619$15,888$11,483$8,183$5,763$3,290
29 years$20,649$14,988$10,686$7,504$5,204$2,898
30 years$19,745$14,155$9,954$6,887$4,702$2,554
31 years$18,901$13,381$9,280$6,325$4,251$2,251
32 years$18,111$12,661$8,658$5,813$3,846$1,985
33 years$17,371$11,990$8,084$5,345$3,480$1,751
34 years$16,676$11,364$7,553$4,918$3,151$1,545
35 years$16,022$10,779$7,062$4,527$2,854$1,364
36 years$15,406$10,231$6,606$4,170$2,586$1,204
37 years$14,824$9,717$6,183$3,842$2,344$1,063
38 years$14,275$9,234$5,790$3,541$2,125$939
39 years$13,754$8,781$5,425$3,265$1,927$829
40 years$13,261$8,354$5,085$3,011$1,748$732
41 years$12,794$7,953$4,768$2,778$1,586$647
42 years$12,350$7,574$4,472$2,564$1,439$572
43 years$11,927$7,216$4,197$2,367$1,306$505
44 years$11,525$6,879$3,939$2,186$1,185$446
45 years$11,142$6,559$3,699$2,018$1,076$394
46 years$10,776$6,257$3,474$1,864$977$349
47 years$10,428$5,971$3,264$1,723$887$308
48 years$10,094$5,701$3,067$1,592$806$272
49 years$9,776$5,444$2,883$1,471$732$241
50 years$9,471$5,200$2,710$1,360$665$213

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $9,700,000, adding $4,407 every year, while hoping to spend $23,603 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: 52/22/26 Blend
51$9,700,000$9,700,000$9,700,000$9,700,000
52$10,693,946$10,179,846$10,029,496$11,172,060
53$11,759,615$10,653,545$10,340,371$11,977,737
54$12,933,191$11,149,664$10,660,868$12,850,916
55$14,225,656$11,669,277$10,991,287$13,800,313
56$15,649,111$12,213,510$11,331,933$14,833,203
57$17,216,890$12,783,541$11,683,122$15,957,586
58$18,943,687$13,380,609$12,045,181$17,182,255
59$20,845,693$14,006,009$12,418,445$18,516,877
60$22,940,751$14,661,101$12,803,260$19,972,084
61$25,248,522$15,347,309$13,199,984$21,559,567
62$27,790,672$16,066,128$13,608,984$23,292,186
63$30,591,076$16,819,123$14,030,640$25,184,084
64$33,676,042$17,607,937$14,465,343$27,250,823
65$37,074,562$18,434,289$14,913,495$29,509,520
66$40,818,583$19,299,985$15,375,513$31,979,011
67$44,943,310$20,206,916$15,851,825$34,680,022
68$49,487,538$21,157,066$16,342,872$37,635,360
69$54,494,018$22,152,513$16,849,109$40,870,125
70$60,009,860$23,195,438$17,371,006$44,411,942
71$66,086,977$24,288,125$17,909,046$48,291,218
72$72,782,577$25,432,972$18,463,728$52,541,421
73$80,159,703$26,632,491$19,035,565$57,199,396
74$88,287,824$27,889,315$19,625,089$62,305,702
75$97,243,497$29,206,206$20,232,844$67,904,993
76$107,111,083$30,586,060$20,859,393$74,046,431
77$117,983,549$32,031,912$21,505,318$80,784,146
78$129,963,341$33,546,945$22,171,216$88,177,739
79$143,163,354$35,134,498$22,857,704$96,292,841
80$157,707,996$36,798,068$23,565,418$105,201,720
81$173,734,364$38,541,326$24,295,012$114,983,961
82$191,393,537$40,368,119$25,047,162$125,727,208
83$210,852,001$42,282,480$25,822,565$137,527,981
84$232,293,222$44,288,638$26,621,938$150,492,585
85$255,919,379$46,391,030$27,446,021$164,738,097
86$281,953,270$48,594,304$28,295,577$180,393,469
87$310,640,416$50,903,338$29,171,392$197,600,729
88$342,251,380$53,323,243$30,074,275$216,516,321
89$377,084,320$55,859,382$31,005,063$237,312,561
90$415,467,805$58,517,375$31,964,616$260,179,261
91$457,763,912$61,303,117$32,953,822$285,325,506
92$504,371,651$64,222,791$33,973,595$312,981,617
93$555,730,729$67,282,877$35,024,880$343,401,312
94$612,325,697$70,490,171$36,108,647$376,864,090
95$674,690,531$73,851,802$37,225,899$413,677,853
96$743,413,667$77,375,243$38,377,669$454,181,802
97$819,143,561$81,068,330$39,565,021$498,749,622
98$902,594,809$84,939,282$40,789,053$547,792,997
99$994,554,889$88,996,717$42,050,897$601,765,478
100$1,095,891,603$93,249,671$43,351,717$661,166,748