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

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 $6,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$561,538$556,536$551,656$546,893$542,242$521,758
2 years$277,989$272,812$267,794$262,929$258,210$237,811
3 years$183,485$178,285$173,280$168,461$163,819$144,147
4 years$136,242$131,059$126,104$121,367$116,837$98,041
5 years$107,904$102,752$97,862$93,221$88,818$70,946
6 years$89,018$83,904$79,087$74,550$70,279$53,344
7 years$75,534$70,463$65,722$61,292$57,155$41,153
8 years$65,425$60,400$55,737$51,416$47,416$32,331
9 years$57,566$52,589$48,006$43,795$39,931$25,742
10 years$51,283$46,354$41,853$37,752$34,023$20,704
11 years$46,146$41,267$36,847$32,855$29,261$16,782
12 years$41,868$37,039$32,701$28,819$25,357$13,687
13 years$38,251$33,472$29,216$25,442$22,112$11,216
14 years$35,153$30,425$26,250$22,585$19,383$9,228
15 years$32,471$27,794$23,701$20,142$17,066$7,616
16 years$30,127$25,500$21,488$18,035$15,083$6,301
17 years$28,060$23,485$19,553$16,204$13,374$5,225
18 years$26,225$21,701$17,850$14,603$11,891$4,339
19 years$24,585$20,112$16,341$13,195$10,599$3,609
20 years$23,111$18,689$14,997$11,951$9,467$3,005
21 years$21,779$17,408$13,794$10,846$8,472$2,505
22 years$20,570$16,250$12,713$9,862$7,594$2,090
23 years$19,467$15,198$11,738$8,981$6,817$1,744
24 years$18,458$14,240$10,856$8,191$6,127$1,457
25 years$17,531$13,364$10,055$7,481$5,514$1,217
26 years$16,677$12,560$9,325$6,840$4,966$1,017
27 years$15,888$11,820$8,659$6,261$4,478$851
28 years$15,156$11,138$8,050$5,736$4,040$712
29 years$14,476$10,507$7,491$5,260$3,648$595
30 years$13,842$9,923$6,978$4,828$3,296$498
31 years$13,250$9,381$6,505$4,434$2,980$417
32 years$12,697$8,876$6,070$4,075$2,696$349
33 years$12,178$8,406$5,667$3,747$2,440$292
34 years$11,690$7,967$5,295$3,448$2,209$244
35 years$11,232$7,556$4,950$3,174$2,001$205
36 years$10,800$7,172$4,631$2,923$1,813$171
37 years$10,392$6,812$4,335$2,693$1,643$143
38 years$10,007$6,474$4,059$2,482$1,489$120
39 years$9,642$6,156$3,803$2,289$1,351$101
40 years$9,297$5,857$3,565$2,111$1,225$84
41 years$8,969$5,575$3,342$1,948$1,111$71
42 years$8,657$5,309$3,135$1,798$1,009$59
43 years$8,361$5,059$2,942$1,659$915$49
44 years$8,079$4,822$2,762$1,532$831$41
45 years$7,811$4,598$2,593$1,415$754$35
46 years$7,555$4,387$2,435$1,307$685$29
47 years$7,310$4,186$2,288$1,208$622$24
48 years$7,076$3,996$2,150$1,116$565$20
49 years$6,853$3,816$2,021$1,031$513$17
50 years$6,639$3,645$1,900$953$466$14

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 $6,215 every year, while hoping to spend $27,829 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: 51/35/14 Blend
51$6,800,000$6,800,000$6,800,000$6,800,000
52$7,500,011$7,139,611$7,034,211$7,853,771
53$8,235,402$7,459,842$7,240,247$8,417,120
54$9,044,870$7,794,832$7,452,253$9,025,793
55$9,935,943$8,145,274$7,670,399$9,686,893
56$10,916,912$8,511,895$7,894,860$10,405,373
57$11,996,916$8,895,457$8,125,817$11,186,674
58$13,186,025$9,296,758$8,363,455$12,036,777
59$14,495,334$9,716,633$8,607,965$12,962,250
60$15,937,068$10,155,959$8,859,543$13,970,316
61$17,524,701$10,615,653$9,118,389$15,068,912
62$19,273,077$11,096,677$9,384,712$16,266,765
63$21,198,555$11,600,037$9,658,723$17,573,468
64$23,319,159$12,126,791$9,940,642$18,999,573
65$25,654,753$12,678,043$10,230,694$20,556,680
66$28,227,224$13,254,954$10,529,108$22,257,551
67$31,060,692$13,858,737$10,836,124$24,116,220
68$34,181,733$14,490,666$11,151,985$26,148,129
69$37,619,636$15,152,074$11,476,942$28,370,263
70$41,406,672$15,844,360$11,811,253$30,801,310
71$45,578,406$16,568,987$12,155,184$33,461,835
72$50,174,027$17,327,490$12,509,006$36,374,465
73$55,236,719$18,121,479$12,872,999$39,564,103
74$60,814,073$18,952,639$13,247,452$43,058,155
75$66,958,527$19,822,737$13,632,661$46,886,786
76$73,727,870$20,733,625$14,028,928$51,083,196
77$81,185,782$21,687,243$14,436,567$55,683,935
78$89,402,439$22,685,624$14,855,899$60,729,234
79$98,455,169$23,730,901$15,287,253$66,263,385
80$108,429,188$24,825,307$15,730,968$72,335,150
81$119,418,403$25,971,185$16,187,393$78,998,217
82$131,526,294$27,170,987$16,656,885$86,311,697
83$144,866,898$28,427,288$17,139,812$94,340,678
84$159,565,879$29,742,782$17,636,553$103,156,830
85$175,761,716$31,120,296$18,147,495$112,839,077
86$193,607,012$32,562,791$18,673,038$123,474,330
87$213,269,933$34,073,374$19,213,590$135,158,299
88$234,935,795$35,655,297$19,769,574$147,996,393
89$258,808,813$37,311,974$20,341,421$162,104,700
90$285,114,030$39,046,978$20,929,577$177,611,075
91$314,099,440$40,864,060$21,534,497$194,656,340
92$346,038,332$42,767,148$22,156,651$213,395,598
93$381,231,864$44,760,360$22,796,522$233,999,689
94$420,011,912$46,848,015$23,454,602$256,656,790
95$462,744,198$49,034,639$24,131,403$281,574,180
96$509,831,745$51,324,976$24,827,444$308,980,184
97$561,718,684$53,724,000$25,543,264$339,126,316
98$618,894,439$56,236,925$26,279,413$372,289,638
99$681,898,355$58,869,218$27,036,457$408,775,360
100$751,324,787$61,626,609$27,814,977$448,919,710