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

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 $6,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$536,764$531,983$527,318$522,765$518,319$508,478
2 years$265,725$260,776$255,980$251,329$246,819$236,942
3 years$175,390$170,420$165,636$161,029$156,592$146,988
4 years$130,232$125,277$120,540$116,012$111,683$102,425
5 years$103,144$98,218$93,544$89,109$84,899$76,015
6 years$85,091$80,203$75,598$71,261$67,178$58,676
7 years$72,201$67,354$62,822$58,588$54,634$46,517
8 years$62,538$57,735$53,278$49,148$45,324$37,590
9 years$55,027$50,269$45,888$41,863$38,169$30,813
10 years$49,021$44,309$40,007$36,086$32,522$25,537
11 years$44,110$39,446$35,221$31,406$27,970$21,348
12 years$40,021$35,405$31,258$27,547$24,238$17,970
13 years$36,563$31,995$27,927$24,320$21,136$15,212
14 years$33,602$29,083$25,092$21,589$18,528$12,936
15 years$31,039$26,568$22,655$19,253$16,313$11,043
16 years$28,797$24,375$20,540$17,239$14,418$9,457
17 years$26,822$22,449$18,691$15,489$12,784$8,120
18 years$25,068$20,744$17,062$13,959$11,367$6,988
19 years$23,500$19,225$15,620$12,613$10,132$6,026
20 years$22,091$17,865$14,335$11,424$9,050$5,204
21 years$20,818$16,640$13,185$10,368$8,098$4,501
22 years$19,662$15,533$12,152$9,427$7,259$3,897
23 years$18,609$14,528$11,221$8,585$6,516$3,378
24 years$17,644$13,612$10,377$7,830$5,857$2,931
25 years$16,758$12,774$9,611$7,151$5,270$2,545
26 years$15,941$12,005$8,914$6,538$4,747$2,211
27 years$15,187$11,299$8,277$5,985$4,280$1,922
28 years$14,487$10,647$7,695$5,483$3,862$1,672
29 years$13,837$10,044$7,161$5,028$3,487$1,454
30 years$13,231$9,485$6,670$4,615$3,151$1,266
31 years$12,666$8,967$6,218$4,238$2,849$1,102
32 years$12,137$8,484$5,802$3,895$2,577$960
33 years$11,641$8,035$5,417$3,582$2,332$836
34 years$11,175$7,615$5,061$3,296$2,111$729
35 years$10,736$7,223$4,732$3,034$1,912$635
36 years$10,324$6,856$4,427$2,794$1,733$554
37 years$9,934$6,511$4,143$2,574$1,570$483
38 years$9,565$6,188$3,880$2,373$1,424$421
39 years$9,217$5,884$3,635$2,188$1,291$367
40 years$8,887$5,598$3,407$2,018$1,171$320
41 years$8,573$5,329$3,195$1,862$1,062$279
42 years$8,275$5,075$2,997$1,718$964$243
43 years$7,992$4,836$2,812$1,586$875$212
44 years$7,723$4,609$2,640$1,465$794$185
45 years$7,466$4,395$2,479$1,353$721$162
46 years$7,221$4,193$2,328$1,249$655$141
47 years$6,988$4,002$2,187$1,154$594$123
48 years$6,764$3,820$2,055$1,067$540$107
49 years$6,551$3,648$1,932$986$490$94
50 years$6,346$3,485$1,816$911$445$82

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 $3,398 every year, while hoping to spend $30,686 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: 63/27/10 Blend
51$6,500,000$6,500,000$6,500,000$6,500,000
52$7,166,505$6,822,005$6,721,255$7,601,973
53$7,864,839$7,123,634$6,913,767$8,195,047
54$8,633,374$7,439,014$7,111,700$8,838,475
55$9,479,240$7,768,786$7,315,203$9,540,245
56$10,410,289$8,113,623$7,524,430$10,306,015
57$11,435,176$8,474,229$7,739,536$11,142,010
58$12,563,438$8,851,340$7,960,684$12,055,076
59$13,805,581$9,245,728$8,188,040$13,052,743
60$15,173,184$9,658,203$8,421,773$14,143,297
61$16,679,005$10,089,611$8,662,058$15,335,853
62$18,337,102$10,540,840$8,909,075$16,640,440
63$20,162,964$11,012,819$9,163,008$18,068,096
64$22,173,663$11,506,523$9,424,044$19,630,967
65$24,388,006$12,022,972$9,692,379$21,342,420
66$26,826,719$12,563,235$9,968,211$23,217,168
67$29,512,643$13,128,432$10,251,744$25,271,405
68$32,470,942$13,719,735$10,543,188$27,522,958
69$35,729,351$14,338,375$10,842,757$29,991,451
70$39,318,428$14,985,638$11,150,673$32,698,488
71$43,271,849$15,662,876$11,467,161$35,667,854
72$47,626,721$16,371,500$11,792,455$38,925,736
73$52,423,936$17,112,993$12,126,792$42,500,967
74$57,708,555$17,888,907$12,470,416$46,425,296
75$63,530,232$18,700,868$12,823,580$50,733,685
76$69,943,686$19,550,580$13,186,540$55,464,629
77$77,009,212$20,439,830$13,559,560$60,660,525
78$84,793,258$21,370,487$13,942,911$66,368,061
79$93,369,043$22,344,514$14,336,871$72,638,656
80$102,817,255$23,363,964$14,741,726$79,528,938
81$113,226,808$24,430,992$15,157,767$87,101,279
82$124,695,685$25,547,853$15,585,294$95,424,373
83$137,331,859$26,716,912$16,024,616$104,573,884
84$151,254,315$27,940,647$16,476,047$114,633,153
85$166,594,172$29,221,655$16,939,911$125,693,980
86$183,495,919$30,562,659$17,416,540$137,857,483
87$202,118,783$31,966,509$17,906,274$151,235,050
88$222,638,227$33,436,195$18,409,462$165,949,382
89$245,247,608$34,974,851$18,926,461$182,135,643
90$270,160,006$36,585,761$19,457,639$199,942,733
91$297,610,228$38,272,364$20,003,372$219,534,684
92$327,857,031$40,038,270$20,564,044$241,092,202
93$361,185,560$41,887,257$21,140,051$264,814,365
94$397,910,043$43,823,288$21,731,799$290,920,491
95$438,376,755$45,850,517$22,339,702$319,652,206
96$482,967,288$47,973,297$22,964,187$351,275,711
97$532,102,154$50,196,190$23,605,689$386,084,287
98$586,244,749$52,523,980$24,264,655$424,401,055
99$645,905,737$54,961,678$24,941,545$466,582,014
100$711,647,863$57,514,541$25,636,827$513,019,393