Can I retire at age 52 with 6,800,000?

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 $6,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$561,538$556,536$551,656$546,893$542,242$530,643
2 years$277,989$272,812$267,794$262,929$258,210$246,581
3 years$183,485$178,285$173,280$168,461$163,819$152,523
4 years$136,242$131,059$126,104$121,367$116,837$105,961
5 years$107,904$102,752$97,862$93,221$88,818$78,392
6 years$89,018$83,904$79,087$74,550$70,279$60,314
7 years$75,534$70,463$65,722$61,292$57,155$47,654
8 years$65,425$60,400$55,737$51,416$47,416$38,375
9 years$57,566$52,589$48,006$43,795$39,931$31,344
10 years$51,283$46,354$41,853$37,752$34,023$25,881
11 years$46,146$41,267$36,847$32,855$29,261$21,554
12 years$41,868$37,039$32,701$28,819$25,357$18,073
13 years$38,251$33,472$29,216$25,442$22,112$15,238
14 years$35,153$30,425$26,250$22,585$19,383$12,905
15 years$32,471$27,794$23,701$20,142$17,066$10,971
16 years$30,127$25,500$21,488$18,035$15,083$9,355
17 years$28,060$23,485$19,553$16,204$13,374$7,999
18 years$26,225$21,701$17,850$14,603$11,891$6,854
19 years$24,585$20,112$16,341$13,195$10,599$5,883
20 years$23,111$18,689$14,997$11,951$9,467$5,058
21 years$21,779$17,408$13,794$10,846$8,472$4,355
22 years$20,570$16,250$12,713$9,862$7,594$3,754
23 years$19,467$15,198$11,738$8,981$6,817$3,238
24 years$18,458$14,240$10,856$8,191$6,127$2,796
25 years$17,531$13,364$10,055$7,481$5,514$2,416
26 years$16,677$12,560$9,325$6,840$4,966$2,089
27 years$15,888$11,820$8,659$6,261$4,478$1,807
28 years$15,156$11,138$8,050$5,736$4,040$1,564
29 years$14,476$10,507$7,491$5,260$3,648$1,354
30 years$13,842$9,923$6,978$4,828$3,296$1,173
31 years$13,250$9,381$6,505$4,434$2,980$1,016
32 years$12,697$8,876$6,070$4,075$2,696$881
33 years$12,178$8,406$5,667$3,747$2,440$763
34 years$11,690$7,967$5,295$3,448$2,209$662
35 years$11,232$7,556$4,950$3,174$2,001$574
36 years$10,800$7,172$4,631$2,923$1,813$498
37 years$10,392$6,812$4,335$2,693$1,643$432
38 years$10,007$6,474$4,059$2,482$1,489$375
39 years$9,642$6,156$3,803$2,289$1,351$325
40 years$9,297$5,857$3,565$2,111$1,225$282
41 years$8,969$5,575$3,342$1,948$1,111$245
42 years$8,657$5,309$3,135$1,798$1,009$212
43 years$8,361$5,059$2,942$1,659$915$184
44 years$8,079$4,822$2,762$1,532$831$160
45 years$7,811$4,598$2,593$1,415$754$139
46 years$7,555$4,387$2,435$1,307$685$120
47 years$7,310$4,186$2,288$1,208$622$104
48 years$7,076$3,996$2,150$1,116$565$91
49 years$6,853$3,816$2,021$1,031$513$79
50 years$6,639$3,645$1,900$953$466$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,800,000, adding $3,304 every year, while hoping to spend $58,633 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: 45/32/23 Blend
51$6,800,000$6,800,000$6,800,000$6,800,000
52$7,497,008$7,136,608$7,031,208$7,784,500
53$8,199,318$7,423,917$7,204,368$8,274,939
54$8,971,298$7,723,339$7,381,365$8,800,483
55$9,819,993$8,035,405$7,562,263$9,369,246
56$10,753,164$8,360,672$7,747,131$9,985,280
57$11,779,362$8,699,720$7,936,035$10,653,036
58$12,908,008$9,053,156$8,129,043$11,377,406
59$14,149,480$9,421,617$8,326,221$12,163,766
60$15,515,216$9,805,765$8,527,638$13,018,027
61$17,017,815$10,206,294$8,733,361$13,946,687
62$18,671,161$10,623,931$8,943,457$14,956,888
63$20,490,550$11,059,435$9,157,994$16,056,490
64$22,492,837$11,513,598$9,377,038$17,254,131
65$24,696,593$11,987,251$9,600,655$18,559,316
66$27,122,282$12,481,262$9,828,913$19,982,500
67$29,792,449$12,996,539$10,061,876$21,535,184
68$32,731,940$13,534,030$10,299,610$23,230,024
69$35,968,130$14,094,730$10,542,179$25,080,943
70$39,531,183$14,679,676$10,789,647$27,103,263
71$43,454,339$15,289,955$11,042,075$29,313,849
72$47,774,222$15,926,703$11,299,525$31,731,258
73$52,531,191$16,591,110$11,562,057$34,375,917
74$57,769,716$17,284,418$11,829,730$37,270,312
75$63,538,802$18,007,929$12,102,600$40,439,194
76$69,892,447$18,763,005$12,380,725$43,909,811
77$76,890,153$19,551,069$12,664,155$47,712,161
78$84,597,489$20,373,611$12,952,945$51,879,273
79$93,086,705$21,232,191$13,247,141$56,447,512
80$102,437,421$22,128,440$13,546,792$61,456,918
81$112,737,369$23,064,065$13,851,941$66,951,583
82$124,083,229$24,040,852$14,162,629$72,980,059
83$136,581,536$25,060,672$14,478,895$79,595,816
84$150,349,688$26,125,480$14,800,773$86,857,734
85$165,517,052$27,237,324$15,128,294$94,830,663
86$182,226,185$28,398,346$15,461,486$103,586,023
87$200,634,181$29,610,790$15,800,371$113,202,475
88$220,914,151$30,877,003$16,144,968$123,766,658
89$243,256,861$32,199,442$16,495,290$135,374,000
90$267,872,525$33,580,679$16,851,346$148,129,614
91$294,992,795$35,023,405$17,213,139$162,149,279
92$324,872,947$36,530,439$17,580,667$177,560,533
93$357,794,288$38,104,731$17,953,919$194,503,865
94$394,066,811$39,749,369$18,332,881$213,134,033
95$434,032,123$41,467,585$18,717,530$233,621,520
96$478,066,667$43,262,764$19,107,835$256,154,135
97$526,585,278$45,138,450$19,503,758$280,938,774
98$580,045,095$47,098,353$19,905,252$308,203,367
99$638,949,879$49,146,356$20,312,263$338,199,021
100$703,854,767$51,286,528$20,724,724$371,202,379