Can I retire at age 52 with 6,900,000?

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 $6,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$569,796$564,720$559,768$554,935$550,216$533,886
2 years$282,077$276,824$271,732$266,796$262,007$245,691
3 years$186,183$180,907$175,829$170,939$166,228$150,436
4 years$138,246$132,986$127,958$123,152$118,555$103,408
5 years$109,491$104,263$99,301$94,592$90,124$75,663
6 years$90,327$85,138$80,250$75,646$71,312$57,551
7 years$76,644$71,499$66,688$62,193$57,996$44,934
8 years$66,387$61,288$56,557$52,172$48,113$35,742
9 years$58,413$53,362$48,712$44,439$40,518$28,826
10 years$52,037$47,036$42,468$38,307$34,524$23,493
11 years$46,825$41,873$37,389$33,338$29,691$19,304
12 years$42,484$37,583$33,181$29,242$25,730$15,965
13 years$38,814$33,964$29,645$25,817$22,437$13,272
14 years$35,670$30,873$26,637$22,917$19,668$11,080
15 years$32,949$28,203$24,049$20,438$17,317$9,281
16 years$30,570$25,875$21,804$18,300$15,305$7,797
17 years$28,473$23,830$19,841$16,442$13,571$6,565
18 years$26,611$22,020$18,112$14,818$12,066$5,539
19 years$24,947$20,408$16,581$13,389$10,755$4,681
20 years$23,451$18,964$15,217$12,127$9,607$3,961
21 years$22,099$17,665$13,997$11,006$8,597$3,355
22 years$20,872$16,489$12,900$10,007$7,706$2,845
23 years$19,754$15,422$11,911$9,113$6,917$2,415
24 years$18,730$14,449$11,016$8,312$6,217$2,051
25 years$17,789$13,560$10,203$7,591$5,595$1,742
26 years$16,922$12,744$9,463$6,941$5,039$1,481
27 years$16,121$11,994$8,787$6,353$4,543$1,260
28 years$15,379$11,302$8,168$5,821$4,100$1,072
29 years$14,688$10,662$7,601$5,338$3,702$912
30 years$14,045$10,069$7,080$4,899$3,345$777
31 years$13,445$9,519$6,601$4,499$3,024$661
32 years$12,883$9,006$6,159$4,135$2,736$563
33 years$12,357$8,529$5,750$3,802$2,476$480
34 years$11,862$8,084$5,373$3,498$2,241$409
35 years$11,397$7,667$5,023$3,220$2,030$348
36 years$10,959$7,277$4,699$2,966$1,839$297
37 years$10,545$6,912$4,398$2,733$1,667$253
38 years$10,154$6,569$4,119$2,519$1,511$215
39 years$9,784$6,246$3,859$2,322$1,371$184
40 years$9,433$5,943$3,617$2,142$1,243$156
41 years$9,101$5,657$3,392$1,976$1,128$133
42 years$8,785$5,388$3,181$1,824$1,023$114
43 years$8,484$5,133$2,985$1,684$929$97
44 years$8,198$4,893$2,802$1,555$843$83
45 years$7,926$4,666$2,631$1,436$765$70
46 years$7,666$4,451$2,471$1,326$695$60
47 years$7,418$4,248$2,322$1,225$631$51
48 years$7,180$4,055$2,182$1,132$573$44
49 years$6,954$3,872$2,051$1,046$520$37
50 years$6,737$3,699$1,928$967$473$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,900,000, adding $4,622 every year, while hoping to spend $46,553 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: 83/8/9 Blend
51$6,900,000$6,900,000$6,900,000$6,900,000
52$7,608,568$7,242,868$7,135,918$8,230,385
53$8,335,109$7,548,236$7,325,439$8,943,152
54$9,134,198$7,867,007$7,519,749$9,719,014
55$10,013,185$8,199,789$7,718,959$10,569,592
56$10,980,168$8,547,217$7,923,182$11,502,357
57$12,044,071$8,909,956$8,132,534$12,525,537
58$13,214,726$9,288,704$8,347,134$13,648,195
59$14,502,965$9,684,188$8,567,100$14,880,313
60$15,920,726$10,097,171$8,792,556$16,232,882
61$17,481,159$10,528,452$9,023,626$17,718,012
62$19,198,757$10,978,866$9,260,438$19,349,039
63$21,089,488$11,449,288$9,503,120$21,140,654
64$23,170,945$11,940,632$9,751,804$23,109,040
65$25,462,517$12,453,858$10,006,624$25,272,022
66$27,985,565$12,989,969$10,267,718$27,649,236
67$30,763,629$13,550,014$10,535,222$30,262,315
68$33,822,647$14,135,092$10,809,280$33,135,088
69$37,191,200$14,746,355$11,090,034$36,293,808
70$40,900,783$15,385,007$11,377,631$39,767,396
71$44,986,099$16,052,309$11,672,218$43,587,716
72$49,485,392$16,749,582$11,973,948$47,789,869
73$54,440,799$17,478,209$12,282,973$52,412,530
74$59,898,757$18,239,638$12,599,449$57,498,307
75$65,910,434$19,035,384$12,923,534$63,094,146
76$72,532,216$19,867,035$13,255,389$69,251,767
77$79,826,234$20,736,252$13,595,178$76,028,156
78$87,860,959$21,644,777$13,943,065$83,486,099
79$96,711,837$22,594,432$14,299,218$91,694,777
80$106,462,010$23,587,125$14,663,808$100,730,409
81$117,203,096$24,624,855$15,037,006$110,676,981
82$129,036,055$25,709,716$15,418,989$121,627,027
83$142,072,141$26,843,900$15,809,933$133,682,509
84$156,433,950$28,029,702$16,210,017$146,955,770
85$172,256,584$29,269,529$16,619,423$161,570,602
86$189,688,917$30,565,897$17,038,336$177,663,401
87$208,895,006$31,921,445$17,466,939$195,384,464
88$230,055,638$33,338,937$17,905,423$214,899,399
89$253,370,034$34,821,266$18,353,975$236,390,687
90$279,057,733$36,371,464$18,812,789$260,059,404
91$307,360,662$37,992,706$19,282,058$286,127,115
92$338,545,420$39,688,319$19,761,977$314,837,965
93$372,905,793$41,461,786$20,252,744$346,460,981
94$410,765,529$43,316,759$20,754,556$381,292,607
95$452,481,394$45,257,062$21,267,615$419,659,502
96$498,446,537$47,286,699$21,792,121$461,921,620
97$549,094,204$49,409,867$22,328,277$508,475,604
98$604,901,826$51,630,964$22,876,287$559,758,530
99$666,395,526$53,954,594$23,436,356$616,252,029
100$734,155,085$56,385,585$24,008,690$678,486,827