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%16.1%
1 years$569,796$564,720$559,768$554,935$550,216$536,479
2 years$282,077$276,824$271,732$266,796$262,007$248,255
3 years$186,183$180,907$175,829$170,939$166,228$152,890
4 years$138,246$132,986$127,958$123,152$118,555$105,734
5 years$109,491$104,263$99,301$94,592$90,124$77,855
6 years$90,327$85,138$80,250$75,646$71,312$59,608
7 years$76,644$71,499$66,688$62,193$57,996$46,857
8 years$66,387$61,288$56,557$52,172$48,113$37,536
9 years$58,413$53,362$48,712$44,439$40,518$30,493
10 years$52,037$47,036$42,468$38,307$34,524$25,038
11 years$46,825$41,873$37,389$33,338$29,691$20,733
12 years$42,484$37,583$33,181$29,242$25,730$17,282
13 years$38,814$33,964$29,645$25,817$22,437$14,484
14 years$35,670$30,873$26,637$22,917$19,668$12,192
15 years$32,949$28,203$24,049$20,438$17,317$10,300
16 years$30,570$25,875$21,804$18,300$15,305$8,727
17 years$28,473$23,830$19,841$16,442$13,571$7,413
18 years$26,611$22,020$18,112$14,818$12,066$6,310
19 years$24,947$20,408$16,581$13,389$10,755$5,380
20 years$23,451$18,964$15,217$12,127$9,607$4,595
21 years$22,099$17,665$13,997$11,006$8,597$3,928
22 years$20,872$16,489$12,900$10,007$7,706$3,362
23 years$19,754$15,422$11,911$9,113$6,917$2,881
24 years$18,730$14,449$11,016$8,312$6,217$2,470
25 years$17,789$13,560$10,203$7,591$5,595$2,119
26 years$16,922$12,744$9,463$6,941$5,039$1,819
27 years$16,121$11,994$8,787$6,353$4,543$1,562
28 years$15,379$11,302$8,168$5,821$4,100$1,342
29 years$14,688$10,662$7,601$5,338$3,702$1,153
30 years$14,045$10,069$7,080$4,899$3,345$992
31 years$13,445$9,519$6,601$4,499$3,024$853
32 years$12,883$9,006$6,159$4,135$2,736$734
33 years$12,357$8,529$5,750$3,802$2,476$631
34 years$11,862$8,084$5,373$3,498$2,241$543
35 years$11,397$7,667$5,023$3,220$2,030$467
36 years$10,959$7,277$4,699$2,966$1,839$402
37 years$10,545$6,912$4,398$2,733$1,667$346
38 years$10,154$6,569$4,119$2,519$1,511$298
39 years$9,784$6,246$3,859$2,322$1,371$257
40 years$9,433$5,943$3,617$2,142$1,243$221
41 years$9,101$5,657$3,392$1,976$1,128$190
42 years$8,785$5,388$3,181$1,824$1,023$164
43 years$8,484$5,133$2,985$1,684$929$141
44 years$8,198$4,893$2,802$1,555$843$121
45 years$7,926$4,666$2,631$1,436$765$105
46 years$7,666$4,451$2,471$1,326$695$90
47 years$7,418$4,248$2,322$1,225$631$78
48 years$7,180$4,055$2,182$1,132$573$67
49 years$6,954$3,872$2,051$1,046$520$58
50 years$6,737$3,699$1,928$967$473$50

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 $3,310 every year, while hoping to spend $30,931 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: 55/40/5 Blend
51$6,900,000$6,900,000$6,900,000$6,900,000
52$7,607,214$7,241,514$7,134,564$8,017,686
53$8,350,240$7,563,438$7,340,662$8,616,574
54$9,168,017$7,900,100$7,552,627$9,264,526
55$10,068,139$8,252,188$7,770,624$9,969,173
56$11,058,969$8,620,426$7,994,820$10,735,899
57$12,149,727$9,005,570$8,225,390$11,570,616
58$13,350,569$9,408,412$8,462,509$12,479,823
59$14,672,685$9,829,783$8,706,362$13,470,660
60$16,128,409$10,270,552$8,957,135$14,550,976
61$17,731,329$10,731,631$9,215,021$15,729,401
62$19,496,418$11,213,974$9,480,218$17,015,419
63$21,440,175$11,718,582$9,752,928$18,419,462
64$23,580,782$12,246,502$10,033,360$19,953,000
65$25,938,273$12,798,832$10,321,729$21,628,647
66$28,534,724$13,376,721$10,618,254$23,460,278
67$31,394,462$13,981,376$10,923,161$25,463,154
68$34,544,292$14,614,059$11,236,682$27,654,065
69$38,013,754$15,276,092$11,559,056$30,051,482
70$41,835,399$15,968,863$11,890,526$32,675,727
71$46,045,095$16,693,822$12,231,344$35,549,165
72$50,682,368$17,452,493$12,581,767$38,696,403
73$55,790,775$18,246,470$12,942,061$42,144,523
74$61,418,311$19,077,424$13,312,497$45,923,333
75$67,617,868$19,947,107$13,693,355$50,065,638
76$74,447,728$20,857,353$14,084,920$54,607,548
77$81,972,118$21,810,085$14,487,487$59,588,814
78$90,261,814$22,807,320$14,901,358$65,053,194
79$99,394,808$23,851,167$15,326,842$71,048,861
80$109,457,046$24,943,842$15,764,259$77,628,853
81$120,543,237$26,087,662$16,213,933$84,851,562
82$132,757,748$27,285,059$16,676,202$92,781,284
83$146,215,592$28,538,580$17,151,408$101,488,814
84$161,043,507$29,850,895$17,639,905$111,052,107
85$177,381,158$31,224,802$18,142,055$121,557,007
86$195,382,453$32,663,234$18,658,230$133,098,048
87$215,216,994$34,169,264$19,188,812$145,779,335
88$237,071,684$35,746,114$19,734,194$159,715,521
89$261,152,482$37,397,160$20,294,775$175,032,877
90$287,686,355$39,125,941$20,870,971$191,870,474
91$316,923,418$40,936,166$21,463,203$210,381,485
92$349,139,292$42,831,724$22,071,905$230,734,618
93$384,637,711$44,816,689$22,697,525$253,115,698
94$423,753,383$46,895,333$23,340,518$277,729,410
95$466,855,157$49,072,134$24,001,354$304,801,216
96$514,349,499$51,351,783$24,680,515$334,579,468
97$566,684,329$53,739,202$25,378,494$367,337,742
98$624,353,254$56,239,547$26,095,797$403,377,403
99$687,900,224$58,858,222$26,832,944$443,030,433
100$757,924,667$61,600,896$27,590,468$486,662,553