Can I retire at age 52 with 6,500,000?

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 $6,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$536,764$531,983$527,318$522,765$518,319$514,406
2 years$265,725$260,776$255,980$251,329$246,819$242,873
3 years$175,390$170,420$165,636$161,029$156,592$152,737
4 years$130,232$125,277$120,540$116,012$111,683$107,947
5 years$103,144$98,218$93,544$89,109$84,899$81,295
6 years$85,091$80,203$75,598$71,261$67,178$63,709
7 years$72,201$67,354$62,822$58,588$54,634$51,302
8 years$62,538$57,735$53,278$49,148$45,324$42,129
9 years$55,027$50,269$45,888$41,863$38,169$35,110
10 years$49,021$44,309$40,007$36,086$32,522$29,598
11 years$44,110$39,446$35,221$31,406$27,970$25,178
12 years$40,021$35,405$31,258$27,547$24,238$21,576
13 years$36,563$31,995$27,927$24,320$21,136$18,601
14 years$33,602$29,083$25,092$21,589$18,528$16,116
15 years$31,039$26,568$22,655$19,253$16,313$14,022
16 years$28,797$24,375$20,540$17,239$14,418$12,244
17 years$26,822$22,449$18,691$15,489$12,784$10,723
18 years$25,068$20,744$17,062$13,959$11,367$9,416
19 years$23,500$19,225$15,620$12,613$10,132$8,286
20 years$22,091$17,865$14,335$11,424$9,050$7,307
21 years$20,818$16,640$13,185$10,368$8,098$6,453
22 years$19,662$15,533$12,152$9,427$7,259$5,708
23 years$18,609$14,528$11,221$8,585$6,516$5,056
24 years$17,644$13,612$10,377$7,830$5,857$4,483
25 years$16,758$12,774$9,611$7,151$5,270$3,978
26 years$15,941$12,005$8,914$6,538$4,747$3,534
27 years$15,187$11,299$8,277$5,985$4,280$3,142
28 years$14,487$10,647$7,695$5,483$3,862$2,795
29 years$13,837$10,044$7,161$5,028$3,487$2,488
30 years$13,231$9,485$6,670$4,615$3,151$2,216
31 years$12,666$8,967$6,218$4,238$2,849$1,974
32 years$12,137$8,484$5,802$3,895$2,577$1,760
33 years$11,641$8,035$5,417$3,582$2,332$1,569
34 years$11,175$7,615$5,061$3,296$2,111$1,400
35 years$10,736$7,223$4,732$3,034$1,912$1,249
36 years$10,324$6,856$4,427$2,794$1,733$1,115
37 years$9,934$6,511$4,143$2,574$1,570$995
38 years$9,565$6,188$3,880$2,373$1,424$889
39 years$9,217$5,884$3,635$2,188$1,291$794
40 years$8,887$5,598$3,407$2,018$1,171$709
41 years$8,573$5,329$3,195$1,862$1,062$633
42 years$8,275$5,075$2,997$1,718$964$566
43 years$7,992$4,836$2,812$1,586$875$506
44 years$7,723$4,609$2,640$1,465$794$452
45 years$7,466$4,395$2,479$1,353$721$404
46 years$7,221$4,193$2,328$1,249$655$361
47 years$6,988$4,002$2,187$1,154$594$323
48 years$6,764$3,820$2,055$1,067$540$288
49 years$6,551$3,648$1,932$986$490$258
50 years$6,346$3,485$1,816$911$445$231

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,500,000, adding $4,687 every year, while hoping to spend $50,558 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: 49/33/18 Blend
51$6,500,000$6,500,000$6,500,000$6,500,000
52$7,167,835$6,823,335$6,722,585$7,482,775
53$7,845,160$7,103,885$6,893,998$7,981,755
54$8,589,879$7,396,487$7,069,459$8,517,941
55$9,408,811$7,701,679$7,249,050$9,099,332
56$10,309,471$8,020,023$7,432,855$9,730,195
57$11,300,139$8,352,106$7,620,957$10,415,220
58$12,389,936$8,698,543$7,813,443$11,159,561
59$13,588,915$9,059,976$8,010,398$11,968,885
60$14,908,147$9,437,078$8,211,910$12,849,421
61$16,359,837$9,830,553$8,418,067$13,808,016
62$17,957,427$10,241,137$8,628,959$14,852,204
63$19,715,731$10,669,599$8,844,675$15,990,265
64$21,651,071$11,116,746$9,065,308$17,231,310
65$23,781,433$11,583,419$9,290,948$18,585,359
66$26,126,633$12,070,500$9,521,689$20,063,435
67$28,708,508$12,578,913$9,757,623$21,677,667
68$31,551,118$13,109,622$9,998,846$23,441,398
69$34,680,976$13,663,637$10,245,451$25,369,313
70$38,127,296$14,242,016$10,497,535$27,477,571
71$41,922,270$14,845,865$10,755,192$29,783,954
72$46,101,370$15,476,341$11,018,520$32,308,037
73$50,703,684$16,134,655$11,287,614$35,071,364
74$55,772,283$16,822,076$11,562,572$38,097,648
75$61,354,629$17,539,931$11,843,491$41,412,997
76$67,503,022$18,289,609$12,130,469$45,046,150
77$74,275,092$19,072,562$12,423,602$49,028,749
78$81,734,348$19,890,313$12,722,989$53,395,631
79$89,950,767$20,744,455$13,028,725$58,185,153
80$99,001,467$21,636,654$13,340,908$63,439,552
81$108,971,422$22,568,656$13,659,635$69,205,335
82$119,954,276$23,542,289$13,985,001$75,533,718
83$132,053,215$24,559,464$14,317,101$82,481,100
84$145,381,949$25,622,184$14,656,030$90,109,593
85$160,065,782$26,732,545$15,001,882$98,487,601
86$176,242,795$27,892,743$15,354,748$107,690,464
87$194,065,147$29,105,075$15,714,720$117,801,157
88$213,700,516$30,371,947$16,081,886$128,911,072
89$235,333,675$31,695,879$16,456,336$141,120,871
90$259,168,241$33,079,508$16,838,154$154,541,434
91$285,428,595$34,525,597$17,227,425$169,294,894
92$314,361,998$36,037,038$17,624,231$185,515,783
93$346,240,928$37,616,859$18,028,649$203,352,299
94$381,365,650$39,268,233$18,440,756$222,967,690
95$420,067,051$40,994,481$18,860,626$244,541,792
96$462,709,761$42,799,081$19,288,328$268,272,716
97$509,695,597$44,685,677$19,723,927$294,378,710
98$561,467,356$46,658,083$20,167,487$323,100,206
99$618,512,993$48,720,295$20,619,064$354,702,086
100$681,370,228$50,876,499$21,078,712$389,476,166