Can I retire at age 52 with 6,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $6,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$511,990$507,430$502,980$498,637$494,397$484,613
2 years$253,460$248,740$244,165$239,729$235,427$225,611
3 years$167,295$162,554$157,991$153,597$149,365$139,823
4 years$124,221$119,495$114,977$110,658$106,528$97,334
5 years$98,383$93,685$89,227$84,996$80,981$72,161
6 years$81,164$76,501$72,109$67,972$64,077$55,641
7 years$68,869$64,245$59,923$55,883$52,112$44,061
8 years$59,652$55,070$50,819$46,879$43,232$35,564
9 years$52,487$47,949$43,770$39,931$36,408$29,118
10 years$46,758$42,264$38,160$34,421$31,021$24,102
11 years$42,074$37,625$33,596$29,956$26,679$20,123
12 years$38,174$33,771$29,815$26,276$23,120$16,917
13 years$34,876$30,519$26,638$23,198$20,161$14,301
14 years$32,052$27,741$23,934$20,592$17,673$12,145
15 years$29,606$25,342$21,609$18,365$15,561$10,354
16 years$27,468$23,250$19,592$16,443$13,752$8,854
17 years$25,584$21,413$17,828$14,774$12,194$7,592
18 years$23,911$19,786$16,275$13,315$10,842$6,524
19 years$22,416$18,338$14,899$12,031$9,664$5,617
20 years$21,072$17,040$13,673$10,896$8,632$4,844
21 years$19,857$15,872$12,577$9,889$7,725$4,183
22 years$18,755$14,816$11,591$8,991$6,924$3,617
23 years$17,750$13,857$10,703$8,189$6,215$3,130
24 years$16,830$12,984$9,898$7,469$5,587$2,711
25 years$15,985$12,184$9,168$6,821$5,027$2,350
26 years$15,206$11,451$8,503$6,237$4,528$2,039
27 years$14,486$10,777$7,895$5,708$4,083$1,769
28 years$13,818$10,155$7,340$5,230$3,684$1,536
29 years$13,198$9,580$6,830$4,796$3,326$1,335
30 years$12,621$9,048$6,362$4,402$3,006$1,160
31 years$12,081$8,553$5,931$4,043$2,717$1,008
32 years$11,576$8,093$5,534$3,715$2,458$877
33 years$11,103$7,664$5,167$3,416$2,224$762
34 years$10,659$7,264$4,828$3,143$2,014$663
35 years$10,241$6,890$4,514$2,894$1,824$577
36 years$9,847$6,539$4,222$2,665$1,653$502
37 years$9,475$6,211$3,952$2,455$1,498$437
38 years$9,124$5,902$3,701$2,263$1,358$380
39 years$8,791$5,613$3,467$2,087$1,232$331
40 years$8,476$5,340$3,250$1,925$1,117$288
41 years$8,177$5,083$3,047$1,776$1,013$251
42 years$7,894$4,841$2,859$1,639$920$218
43 years$7,624$4,612$2,682$1,513$835$190
44 years$7,366$4,397$2,518$1,397$758$166
45 years$7,122$4,193$2,364$1,290$688$144
46 years$6,888$4,000$2,221$1,192$624$126
47 years$6,665$3,817$2,086$1,101$567$109
48 years$6,452$3,644$1,960$1,017$515$95
49 years$6,248$3,480$1,843$940$468$83
50 years$6,053$3,324$1,732$869$425$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,200,000, adding $5,579 every year, while hoping to spend $50,213 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: 31/47/22 Blend
51$6,200,000$6,200,000$6,200,000$6,200,000
52$6,838,155$6,509,555$6,413,455$7,003,326
53$7,482,220$6,775,097$6,574,879$7,394,646
54$8,190,298$7,051,967$6,740,029$7,810,699
55$8,968,863$7,340,669$6,908,974$8,257,532
56$9,825,051$7,641,726$7,081,789$8,737,857
57$10,766,724$7,955,687$7,258,546$9,254,647
58$11,802,541$8,283,128$7,439,320$9,811,162
59$12,942,047$8,624,648$7,624,184$10,410,974
60$14,195,756$8,980,876$7,813,214$11,058,003
61$15,575,252$9,352,467$8,006,485$11,756,546
62$17,093,299$9,740,110$8,204,074$12,511,320
63$18,763,963$10,144,522$8,406,058$13,327,503
64$20,602,739$10,566,456$8,612,513$14,210,775
65$22,626,704$11,006,698$8,823,517$15,167,377
66$24,854,671$11,466,069$9,039,148$16,204,159
67$27,307,372$11,945,431$9,259,484$17,328,645
68$30,007,651$12,445,684$9,484,604$18,549,100
69$32,980,678$12,967,770$9,714,585$19,874,606
70$36,254,190$13,512,673$9,949,506$21,315,143
71$39,858,749$14,081,425$10,189,446$22,881,676
72$43,828,031$14,675,106$10,434,483$24,586,261
73$48,199,147$15,294,842$10,684,695$26,442,149
74$53,012,987$15,941,817$10,940,159$28,463,910
75$58,314,612$16,617,265$11,200,954$30,667,564
76$64,153,672$17,322,481$11,467,156$33,070,729
77$70,584,881$18,058,818$11,738,841$35,692,781
78$77,668,532$18,827,693$12,016,084$38,555,033
79$85,471,061$19,630,588$12,298,962$41,680,929
80$94,065,678$20,469,056$12,587,546$45,096,261
81$103,533,058$21,344,721$12,881,910$48,829,407
82$113,962,101$22,259,282$13,182,124$52,911,591
83$125,450,769$23,214,521$13,488,259$57,377,174
84$138,107,013$24,212,299$13,800,382$62,263,967
85$152,049,793$25,254,566$14,118,560$67,613,585
86$167,410,197$26,343,364$14,442,856$73,471,833
87$184,332,678$27,480,830$14,773,333$79,889,127
88$202,976,422$28,669,202$15,110,050$86,920,965
89$223,516,844$29,910,820$15,453,064$94,628,439
90$246,147,250$31,208,138$15,802,429$103,078,809
91$271,080,655$32,563,722$16,158,197$112,346,122
92$298,551,799$33,980,261$16,520,413$122,511,907
93$328,819,358$35,460,570$16,889,123$133,665,930
94$362,168,390$37,007,595$17,264,365$145,907,036
95$398,913,020$38,624,422$17,646,176$159,344,066
96$439,399,412$40,314,282$18,034,587$174,096,875
97$484,009,030$42,080,559$18,429,623$190,297,456
98$533,162,241$43,926,797$18,831,305$208,091,166
99$587,322,285$45,856,705$19,239,649$227,638,089
100$646,999,644$47,874,170$19,654,664$249,114,536