Can I retire at age 52 with 6,700,000?

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 $6,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$553,280$548,351$543,543$538,850$534,267$516,958
2 years$273,901$268,800$263,856$259,063$254,413$237,137
3 years$180,787$175,664$170,732$165,984$161,410$144,709
4 years$134,239$129,131$124,249$119,582$115,119$99,121
5 years$106,317$101,241$96,423$91,850$87,512$72,259
6 years$87,709$82,671$77,924$73,454$69,245$54,751
7 years$74,423$69,427$64,755$60,390$56,315$42,578
8 years$64,463$59,511$54,917$50,660$46,718$33,729
9 years$56,720$51,815$47,300$43,151$39,344$27,086
10 years$50,529$45,673$41,238$37,197$33,523$21,978
11 years$45,467$40,660$36,305$32,372$28,831$17,978
12 years$41,252$36,494$32,220$28,395$24,984$14,799
13 years$37,689$32,980$28,786$25,068$21,787$12,245
14 years$34,636$29,978$25,864$22,253$19,098$10,173
15 years$31,994$27,385$23,352$19,846$16,815$8,480
16 years$29,684$25,125$21,172$17,770$14,862$7,088
17 years$27,647$23,140$19,266$15,966$13,177$5,937
18 years$25,839$21,382$17,587$14,388$11,717$4,983
19 years$24,224$19,817$16,100$13,001$10,443$4,189
20 years$22,771$18,415$14,776$11,775$9,328$3,526
21 years$21,459$17,152$13,591$10,687$8,348$2,971
22 years$20,267$16,011$12,526$9,717$7,482$2,505
23 years$19,181$14,975$11,566$8,849$6,717$2,114
24 years$18,187$14,031$10,696$8,071$6,037$1,786
25 years$17,274$13,167$9,907$7,371$5,432$1,509
26 years$16,432$12,375$9,188$6,739$4,893$1,276
27 years$15,654$11,646$8,532$6,169$4,412$1,079
28 years$14,933$10,974$7,932$5,652$3,981$913
29 years$14,263$10,353$7,381$5,183$3,595$772
30 years$13,638$9,777$6,875$4,757$3,248$654
31 years$13,055$9,243$6,410$4,369$2,936$553
32 years$12,510$8,745$5,980$4,015$2,656$468
33 years$11,999$8,282$5,584$3,692$2,404$397
34 years$11,519$7,850$5,217$3,397$2,176$336
35 years$11,067$7,445$4,878$3,127$1,971$285
36 years$10,641$7,067$4,563$2,880$1,786$241
37 years$10,239$6,712$4,271$2,654$1,619$204
38 years$9,860$6,378$3,999$2,446$1,468$173
39 years$9,500$6,065$3,747$2,255$1,331$147
40 years$9,160$5,771$3,512$2,080$1,207$124
41 years$8,837$5,493$3,293$1,919$1,095$105
42 years$8,530$5,231$3,089$1,771$994$89
43 years$8,238$4,984$2,899$1,635$902$76
44 years$7,961$4,751$2,721$1,510$819$64
45 years$7,696$4,531$2,555$1,394$743$54
46 years$7,444$4,322$2,400$1,288$675$46
47 years$7,203$4,125$2,254$1,190$613$39
48 years$6,972$3,938$2,119$1,099$556$33
49 years$6,752$3,760$1,991$1,016$505$28
50 years$6,542$3,592$1,872$939$459$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,700,000, adding $3,039 every year, while hoping to spend $26,929 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: 52/33/15 Blend
51$6,700,000$6,700,000$6,700,000$6,700,000
52$7,386,535$7,031,435$6,927,585$7,740,568
53$8,111,309$7,347,323$7,131,007$8,299,139
54$8,909,108$7,677,787$7,340,340$8,903,225
55$9,787,351$8,023,513$7,555,756$9,559,637
56$10,754,215$8,385,219$7,777,428$10,273,336
57$11,818,708$8,763,658$8,005,535$11,049,774
58$12,990,758$9,159,619$8,240,262$11,894,939
59$14,281,303$9,573,928$8,481,799$12,815,417
60$15,702,396$10,007,451$8,730,339$13,818,444
61$17,267,320$10,461,095$8,986,085$14,911,976
62$18,990,709$10,935,811$9,249,241$16,104,761
63$20,888,691$11,432,595$9,520,020$17,406,418
64$22,979,036$11,952,491$9,798,639$18,827,526
65$25,281,326$12,496,592$10,085,323$20,379,720
66$27,817,141$13,066,044$10,380,301$22,075,797
67$30,610,258$13,662,050$10,683,810$23,929,835
68$33,686,880$14,285,866$10,996,093$25,957,324
69$37,075,881$14,938,811$11,317,401$28,175,305
70$40,809,076$15,622,269$11,647,990$30,602,527
71$44,921,529$16,337,687$11,988,124$33,259,626
72$49,451,875$17,086,583$12,338,076$36,169,309
73$54,442,688$17,870,549$12,698,124$39,356,568
74$59,940,887$18,691,250$13,068,555$42,848,908
75$65,998,171$19,550,434$13,449,665$46,676,608
76$72,671,512$20,449,933$13,841,756$50,872,995
77$80,023,691$21,391,666$14,245,141$55,474,759
78$88,123,894$22,377,643$14,660,139$60,522,291
79$97,048,357$23,409,973$15,087,080$66,060,060
80$106,881,094$24,490,867$15,526,302$72,137,024
81$117,714,685$25,622,639$15,978,152$78,807,094
82$129,651,151$26,807,717$16,442,989$86,129,626
83$142,802,919$28,048,645$16,921,179$94,169,983
84$157,293,878$29,348,090$17,413,100$103,000,141
85$173,260,555$30,708,847$17,919,140$112,699,363
86$190,853,397$32,133,847$18,439,697$123,354,938
87$210,238,198$33,626,160$18,975,181$135,062,998
88$231,597,658$35,189,005$19,526,013$147,929,418
89$255,133,111$36,825,758$20,092,626$162,070,806
90$281,066,423$38,539,955$20,675,464$177,615,594
91$309,642,089$40,335,304$21,274,983$194,705,241
92$341,129,541$42,215,692$21,891,654$213,495,562
93$375,825,687$44,185,194$22,525,958$234,158,181
94$414,057,720$46,248,082$23,178,390$256,882,150
95$456,186,201$48,408,831$23,849,460$281,875,713
96$502,608,467$50,672,137$24,539,690$309,368,267
97$553,762,379$53,042,921$25,249,618$339,612,509
98$610,130,458$55,526,340$25,979,796$372,886,816
99$672,244,436$58,127,802$26,730,791$409,497,852
100$740,690,282$60,852,977$27,503,185$449,783,453