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%14.4%
1 years$511,990$507,430$502,980$498,637$494,397$485,408
2 years$253,460$248,740$244,165$239,729$235,427$226,403
3 years$167,295$162,554$157,991$153,597$149,365$140,586
4 years$124,221$119,495$114,977$110,658$106,528$98,064
5 years$98,383$93,685$89,227$84,996$80,981$72,854
6 years$81,164$76,501$72,109$67,972$64,077$56,298
7 years$68,869$64,245$59,923$55,883$52,112$44,681
8 years$59,652$55,070$50,819$46,879$43,232$36,149
9 years$52,487$47,949$43,770$39,931$36,408$29,667
10 years$46,758$42,264$38,160$34,421$31,021$24,618
11 years$42,074$37,625$33,596$29,956$26,679$20,605
12 years$38,174$33,771$29,815$26,276$23,120$17,367
13 years$34,876$30,519$26,638$23,198$20,161$14,721
14 years$32,052$27,741$23,934$20,592$17,673$12,536
15 years$29,606$25,342$21,609$18,365$15,561$10,716
16 years$27,468$23,250$19,592$16,443$13,752$9,190
17 years$25,584$21,413$17,828$14,774$12,194$7,902
18 years$23,911$19,786$16,275$13,315$10,842$6,811
19 years$22,416$18,338$14,899$12,031$9,664$5,881
20 years$21,072$17,040$13,673$10,896$8,632$5,087
21 years$19,857$15,872$12,577$9,889$7,725$4,406
22 years$18,755$14,816$11,591$8,991$6,924$3,821
23 years$17,750$13,857$10,703$8,189$6,215$3,317
24 years$16,830$12,984$9,898$7,469$5,587$2,883
25 years$15,985$12,184$9,168$6,821$5,027$2,507
26 years$15,206$11,451$8,503$6,237$4,528$2,181
27 years$14,486$10,777$7,895$5,708$4,083$1,899
28 years$13,818$10,155$7,340$5,230$3,684$1,655
29 years$13,198$9,580$6,830$4,796$3,326$1,442
30 years$12,621$9,048$6,362$4,402$3,006$1,257
31 years$12,081$8,553$5,931$4,043$2,717$1,097
32 years$11,576$8,093$5,534$3,715$2,458$957
33 years$11,103$7,664$5,167$3,416$2,224$835
34 years$10,659$7,264$4,828$3,143$2,014$729
35 years$10,241$6,890$4,514$2,894$1,824$636
36 years$9,847$6,539$4,222$2,665$1,653$555
37 years$9,475$6,211$3,952$2,455$1,498$485
38 years$9,124$5,902$3,701$2,263$1,358$424
39 years$8,791$5,613$3,467$2,087$1,232$370
40 years$8,476$5,340$3,250$1,925$1,117$323
41 years$8,177$5,083$3,047$1,776$1,013$282
42 years$7,894$4,841$2,859$1,639$920$247
43 years$7,624$4,612$2,682$1,513$835$216
44 years$7,366$4,397$2,518$1,397$758$188
45 years$7,122$4,193$2,364$1,290$688$165
46 years$6,888$4,000$2,221$1,192$624$144
47 years$6,665$3,817$2,086$1,101$567$126
48 years$6,452$3,644$1,960$1,017$515$110
49 years$6,248$3,480$1,843$940$468$96
50 years$6,053$3,324$1,732$869$425$84

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 $6,458 every year, while hoping to spend $49,650 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: 79/12/9 Blend
51$6,200,000$6,200,000$6,200,000$6,200,000
52$6,839,061$6,510,461$6,414,361$7,369,523
53$7,483,818$6,776,647$6,576,415$7,984,739
54$8,192,677$7,054,211$6,742,234$8,652,369
55$8,972,122$7,343,660$6,911,891$9,383,309
56$9,829,300$7,645,521$7,085,461$10,183,852
57$10,772,084$7,960,347$7,263,019$11,060,930
58$11,809,148$8,288,715$7,444,642$12,022,175
59$12,950,050$8,631,231$7,630,406$13,075,989
60$14,205,319$8,988,525$7,820,389$14,231,628
61$15,586,558$9,361,259$8,014,668$15,499,283
62$17,106,550$9,750,125$8,213,323$16,890,177
63$18,779,382$10,155,845$8,416,433$18,416,672
64$20,620,574$10,579,176$8,624,079$20,092,383
65$22,647,227$11,020,910$8,836,340$21,932,305
66$24,878,184$11,481,874$9,053,297$23,952,954
67$27,334,208$11,962,935$9,275,032$26,172,523
68$30,038,178$12,465,000$9,501,626$28,611,051
69$33,015,303$12,989,016$9,733,161$31,290,613
70$36,293,361$13,535,975$9,969,720$34,235,525
71$39,902,963$14,106,916$10,211,383$37,472,572
72$43,877,835$14,702,925$10,458,235$41,031,263
73$48,255,144$15,325,139$10,710,356$44,944,105
74$53,075,845$15,974,747$10,967,829$49,246,909
75$58,385,066$16,652,994$11,230,736$53,979,128
76$64,232,535$17,361,183$11,499,158$59,184,226
77$70,673,050$18,100,677$11,773,176$64,910,089
78$77,766,994$18,872,903$12,052,871$71,209,472
79$85,580,908$19,679,356$12,338,322$78,140,500
80$94,188,114$20,521,597$12,629,609$85,767,210
81$103,669,410$21,401,264$12,926,809$94,160,157
82$114,113,832$22,320,069$13,230,000$103,397,078
83$125,619,496$23,279,805$13,539,258$113,563,622
84$138,294,518$24,282,348$13,854,656$124,754,156
85$152,258,039$25,329,664$14,176,268$137,072,659
86$167,641,351$26,423,810$14,504,165$150,633,695
87$184,589,129$27,566,937$14,838,415$165,563,493
88$203,260,805$28,761,301$15,179,086$182,001,142
89$223,832,064$30,009,262$15,526,242$200,099,893
90$246,496,509$31,313,290$15,879,946$220,028,612
91$271,467,485$32,675,974$16,240,257$241,973,362
92$298,980,093$34,100,021$16,607,230$266,139,166
93$329,293,410$35,588,269$16,980,919$292,751,931
94$362,692,931$37,143,688$17,361,373$322,060,585
95$399,493,268$38,769,387$17,748,638$354,339,418
96$440,041,119$40,468,624$18,142,754$389,890,672
97$484,718,535$42,244,809$18,543,758$429,047,388
98$533,946,534$44,101,513$18,951,683$472,176,547
99$588,189,071$46,042,477$19,366,554$519,682,534
100$647,957,415$48,071,618$19,788,394$572,010,945