Can I retire at age 52 with 9,800,000?

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 $9,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$809,275$802,066$795,033$788,169$781,466$758,578
2 years$400,631$393,170$385,938$378,927$372,127$349,253
3 years$264,434$256,941$249,728$242,782$236,092$213,950
4 years$196,349$188,879$181,738$174,911$168,383$147,142
5 years$155,509$148,083$141,036$134,348$128,002$107,720
6 years$128,291$120,921$113,978$107,440$101,284$81,978
7 years$108,857$101,549$94,716$88,332$82,371$64,042
8 years$94,288$87,047$80,327$74,099$68,335$50,972
9 years$82,963$75,790$69,186$63,116$57,548$41,133
10 years$73,908$66,805$60,318$54,407$49,033$33,544
11 years$66,505$59,472$53,103$47,350$42,170$27,581
12 years$60,339$53,379$47,127$41,533$36,544$22,825
13 years$55,126$48,239$42,105$36,667$31,867$18,988
14 years$50,662$43,848$37,832$32,549$27,934$15,862
15 years$46,797$40,056$34,157$29,028$24,596$13,297
16 years$43,418$36,751$30,968$25,991$21,738$11,179
17 years$40,439$33,846$28,180$23,353$19,274$9,420
18 years$37,795$31,275$25,725$21,046$17,138$7,953
19 years$35,431$28,986$23,550$19,017$15,275$6,726
20 years$33,307$26,935$21,613$17,223$13,644$5,696
21 years$31,388$25,089$19,879$15,631$12,210$4,829
22 years$29,645$23,419$18,322$14,212$10,944$4,098
23 years$28,056$21,904$16,917$12,943$9,824$3,480
24 years$26,602$20,522$15,645$11,805$8,830$2,958
25 years$25,266$19,259$14,491$10,781$7,946$2,516
26 years$24,035$18,101$13,440$9,858$7,157$2,140
27 years$22,897$17,035$12,480$9,023$6,453$1,822
28 years$21,842$16,052$11,602$8,267$5,823$1,551
29 years$20,862$15,143$10,796$7,581$5,258$1,321
30 years$19,949$14,301$10,056$6,958$4,751$1,126
31 years$19,096$13,519$9,375$6,390$4,295$959
32 years$18,298$12,792$8,747$5,872$3,885$818
33 years$17,550$12,114$8,167$5,400$3,516$697
34 years$16,848$11,481$7,631$4,969$3,183$594
35 years$16,187$10,890$7,135$4,574$2,883$507
36 years$15,565$10,336$6,674$4,213$2,612$432
37 years$14,977$9,817$6,247$3,881$2,368$368
38 years$14,422$9,330$5,850$3,577$2,147$314
39 years$13,896$8,872$5,481$3,299$1,947$268
40 years$13,398$8,441$5,137$3,042$1,766$229
41 years$12,926$8,035$4,817$2,807$1,602$195
42 years$12,477$7,652$4,519$2,591$1,454$166
43 years$12,050$7,291$4,240$2,391$1,319$142
44 years$11,644$6,950$3,980$2,208$1,197$121
45 years$11,257$6,627$3,737$2,039$1,087$103
46 years$10,888$6,322$3,510$1,884$987$88
47 years$10,535$6,033$3,298$1,740$896$75
48 years$10,198$5,759$3,099$1,608$814$64
49 years$9,876$5,500$2,913$1,486$739$55
50 years$9,568$5,254$2,738$1,374$671$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $9,800,000, adding $5,541 every year, while hoping to spend $34,358 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: 58/28/14 Blend
51$9,800,000$9,800,000$9,800,000$9,800,000
52$10,805,316$10,285,916$10,134,016$11,393,352
53$11,870,901$10,753,369$10,436,948$12,258,842
54$13,044,025$11,242,576$10,748,878$13,197,568
55$14,335,619$11,754,566$11,070,069$14,220,051
56$15,757,731$12,290,418$11,400,796$15,334,347
57$17,323,635$12,851,264$11,741,337$16,549,312
58$19,047,957$13,438,287$12,091,983$17,874,686
59$20,946,815$14,052,730$12,453,031$19,321,179
60$23,037,970$14,695,893$12,824,788$20,900,568
61$25,340,992$15,369,141$13,207,567$22,625,809
62$27,877,446$16,073,902$13,601,693$24,511,153
63$30,671,096$16,811,674$14,007,501$26,572,275
64$33,748,129$17,584,026$14,425,333$28,826,424
65$37,137,398$18,392,604$14,855,542$31,292,578
66$40,870,703$19,239,132$15,298,493$33,991,619
67$44,983,082$20,125,416$15,754,559$36,946,528
68$49,513,145$21,053,350$16,224,126$40,182,596
69$54,503,441$22,024,920$16,707,589$43,727,658
70$60,000,856$23,042,205$17,205,357$47,612,351
71$66,057,056$24,107,386$17,717,850$51,870,401
72$72,728,977$25,222,749$18,245,498$56,538,931
73$80,079,357$26,390,688$18,788,747$61,658,811
74$88,177,335$27,613,715$19,348,054$67,275,035
75$97,099,098$28,894,462$19,923,889$73,437,138
76$106,928,602$30,235,687$20,516,735$80,199,665
77$117,758,366$31,640,283$21,127,093$87,622,670
78$129,690,342$33,111,279$21,755,473$95,772,281
79$142,836,879$34,651,854$22,402,403$104,721,317
80$157,321,784$36,265,338$23,068,427$114,549,969
81$173,281,489$37,955,222$23,754,102$125,346,543
82$190,866,339$39,725,166$24,460,002$137,208,293
83$210,242,013$41,579,007$25,186,720$150,242,328
84$231,591,087$43,520,766$25,934,863$164,566,611
85$255,114,754$45,554,660$26,705,058$180,311,066
86$281,034,728$47,685,108$27,497,947$197,618,796
87$309,595,335$49,916,743$28,314,193$216,647,421
88$341,065,819$52,254,423$29,154,478$237,570,556
89$375,742,883$54,703,240$30,019,503$260,579,439
90$413,953,490$57,268,532$30,909,989$285,884,726
91$456,057,951$59,955,895$31,826,679$313,718,463
92$502,453,325$62,771,197$32,770,336$344,336,269
93$553,577,168$65,720,589$33,741,746$378,019,732
94$609,911,661$68,810,520$34,741,716$415,079,055
95$671,988,165$72,047,750$35,771,078$455,855,970
96$740,392,237$75,439,369$36,830,688$500,726,946
97$815,769,154$78,992,807$37,921,425$550,106,730
98$898,830,009$82,715,856$39,044,194$604,452,244
99$990,358,422$86,616,685$40,199,927$664,266,879
100$1,091,217,938$90,703,859$41,389,581$730,105,235