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

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 $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%12.8%
1 years$511,990$507,430$502,980$498,637$494,397$488,624
2 years$253,460$248,740$244,165$239,729$235,427$229,617
3 years$167,295$162,554$157,991$153,597$149,365$143,697
4 years$124,221$119,495$114,977$110,658$106,528$101,047
5 years$98,383$93,685$89,227$84,996$80,981$75,702
6 years$81,164$76,501$72,109$67,972$64,077$59,007
7 years$68,869$64,245$59,923$55,883$52,112$47,252
8 years$59,652$55,070$50,819$46,879$43,232$38,583
9 years$52,487$47,949$43,770$39,931$36,408$31,967
10 years$46,758$42,264$38,160$34,421$31,021$26,786
11 years$42,074$37,625$33,596$29,956$26,679$22,646
12 years$38,174$33,771$29,815$26,276$23,120$19,284
13 years$34,876$30,519$26,638$23,198$20,161$16,518
14 years$32,052$27,741$23,934$20,592$17,673$14,217
15 years$29,606$25,342$21,609$18,365$15,561$12,287
16 years$27,468$23,250$19,592$16,443$13,752$10,655
17 years$25,584$21,413$17,828$14,774$12,194$9,267
18 years$23,911$19,786$16,275$13,315$10,842$8,080
19 years$22,416$18,338$14,899$12,031$9,664$7,059
20 years$21,072$17,040$13,673$10,896$8,632$6,179
21 years$19,857$15,872$12,577$9,889$7,725$5,417
22 years$18,755$14,816$11,591$8,991$6,924$4,756
23 years$17,750$13,857$10,703$8,189$6,215$4,180
24 years$16,830$12,984$9,898$7,469$5,587$3,678
25 years$15,985$12,184$9,168$6,821$5,027$3,239
26 years$15,206$11,451$8,503$6,237$4,528$2,855
27 years$14,486$10,777$7,895$5,708$4,083$2,518
28 years$13,818$10,155$7,340$5,230$3,684$2,222
29 years$13,198$9,580$6,830$4,796$3,326$1,962
30 years$12,621$9,048$6,362$4,402$3,006$1,733
31 years$12,081$8,553$5,931$4,043$2,717$1,531
32 years$11,576$8,093$5,534$3,715$2,458$1,354
33 years$11,103$7,664$5,167$3,416$2,224$1,197
34 years$10,659$7,264$4,828$3,143$2,014$1,059
35 years$10,241$6,890$4,514$2,894$1,824$937
36 years$9,847$6,539$4,222$2,665$1,653$829
37 years$9,475$6,211$3,952$2,455$1,498$734
38 years$9,124$5,902$3,701$2,263$1,358$650
39 years$8,791$5,613$3,467$2,087$1,232$576
40 years$8,476$5,340$3,250$1,925$1,117$510
41 years$8,177$5,083$3,047$1,776$1,013$451
42 years$7,894$4,841$2,859$1,639$920$400
43 years$7,624$4,612$2,682$1,513$835$354
44 years$7,366$4,397$2,518$1,397$758$314
45 years$7,122$4,193$2,364$1,290$688$278
46 years$6,888$4,000$2,221$1,192$624$246
47 years$6,665$3,817$2,086$1,101$567$218
48 years$6,452$3,644$1,960$1,017$515$194
49 years$6,248$3,480$1,843$940$468$171
50 years$6,053$3,324$1,732$869$425$152

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 $2,864 every year, while hoping to spend $34,416 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: 59/14/27 Blend
51$6,200,000$6,200,000$6,200,000$6,200,000
52$6,835,354$6,506,754$6,410,654$7,188,429
53$7,495,942$6,788,967$6,588,793$7,712,095
54$8,222,756$7,083,854$6,771,745$8,279,102
55$9,022,516$7,392,002$6,959,637$8,896,865
56$9,902,623$7,714,021$7,152,596$9,570,323
57$10,871,236$8,050,553$7,350,753$10,304,910
58$11,937,341$8,402,269$7,554,243$11,106,605
59$13,110,843$8,769,873$7,763,202$11,981,990
60$14,402,651$9,154,099$7,977,772$12,938,306
61$15,824,792$9,555,720$8,198,098$13,983,525
62$17,390,512$9,975,542$8,424,325$15,126,420
63$19,114,411$10,414,410$8,656,607$16,376,650
64$21,012,574$10,873,210$8,895,097$17,744,846
65$23,102,728$11,352,868$9,139,954$19,242,715
66$25,404,404$11,854,356$9,391,340$20,883,142
67$27,939,125$12,378,691$9,649,421$22,680,318
68$30,730,606$12,926,938$9,914,368$24,649,867
69$33,804,982$13,500,212$10,186,353$26,808,991
70$37,191,050$14,099,682$10,465,555$29,176,637
71$40,920,542$14,726,571$10,752,157$31,773,667
72$45,028,426$15,382,163$11,046,343$34,623,056
73$49,553,236$16,067,799$11,348,306$37,750,108
74$54,537,431$16,784,886$11,658,239$41,182,692
75$60,027,802$17,534,898$11,976,343$44,951,502
76$66,075,908$18,319,379$12,302,821$49,090,344
77$72,738,567$19,139,945$12,637,882$53,636,457
78$80,078,390$19,998,291$12,981,740$58,630,856
79$88,164,370$20,896,191$13,334,612$64,118,721
80$97,072,536$21,835,505$13,696,722$70,149,822
81$106,886,670$22,818,180$14,068,297$76,778,981
82$117,699,097$23,846,257$14,449,572$84,066,590
83$129,611,556$24,921,875$14,840,784$92,079,179
84$142,736,161$26,047,274$15,242,177$100,890,040
85$157,196,460$27,224,800$15,654,000$110,579,915
86$173,128,596$28,456,913$16,076,506$121,237,755
87$190,682,601$29,746,190$16,509,957$132,961,557
88$210,023,803$31,095,330$16,954,618$145,859,287
89$231,334,393$32,507,162$17,410,759$160,049,892
90$254,815,139$33,984,652$17,878,658$175,664,421
91$280,687,288$35,530,905$18,358,598$192,847,258
92$309,194,648$37,149,175$18,850,867$211,757,483
93$340,605,892$38,842,875$19,355,761$232,570,365
94$375,217,095$40,615,578$19,873,581$255,479,014
95$413,354,527$42,471,029$20,404,634$280,696,202
96$455,377,733$44,413,154$20,949,233$308,456,361
97$501,682,929$46,446,066$21,507,700$339,017,797
98$552,706,740$48,574,075$22,080,360$372,665,120
99$608,930,323$50,801,700$22,667,548$409,711,924
100$670,883,907$53,133,675$23,269,602$450,503,745