Can I retire at age 52 with 6,400,000?

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 $6,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$528,506$523,798$519,205$514,722$510,345$507,129
2 years$261,637$256,764$252,041$247,463$243,021$239,777
3 years$172,692$167,798$163,088$158,552$154,183$151,011
4 years$128,228$123,349$118,686$114,228$109,964$106,889
5 years$101,557$96,707$92,105$87,738$83,593$80,624
6 years$83,782$78,969$74,435$70,165$66,144$63,285
7 years$71,090$66,318$61,856$57,686$53,793$51,045
8 years$61,576$56,847$52,458$48,392$44,627$41,990
9 years$54,180$49,495$45,182$41,219$37,582$35,056
10 years$48,267$43,628$39,391$35,531$32,022$29,605
11 years$43,432$38,839$34,679$30,923$27,540$25,230
12 years$39,405$34,860$30,777$27,123$23,865$21,662
13 years$36,001$31,503$27,497$23,946$20,811$18,711
14 years$33,086$28,636$24,706$21,256$18,243$16,243
15 years$30,561$26,159$22,306$18,957$16,062$14,161
16 years$28,354$24,000$20,224$16,974$14,196$12,390
17 years$26,409$22,104$18,403$15,251$12,587$10,874
18 years$24,682$20,425$16,800$13,744$11,192$9,569
19 years$23,139$18,929$15,379$12,419$9,976$8,439
20 years$21,752$17,590$14,114$11,248$8,910$7,457
21 years$20,498$16,384$12,982$10,208$7,974$6,601
22 years$19,360$15,294$11,965$9,282$7,147$5,852
23 years$18,322$14,304$11,048$8,453$6,416$5,195
24 years$17,373$13,402$10,217$7,709$5,767$4,616
25 years$16,500$12,577$9,463$7,041$5,189$4,107
26 years$15,696$11,821$8,777$6,438$4,674$3,657
27 years$14,953$11,125$8,150$5,893$4,214$3,258
28 years$14,264$10,483$7,577$5,399$3,803$2,906
29 years$13,624$9,889$7,051$4,951$3,434$2,593
30 years$13,028$9,339$6,567$4,544$3,103$2,315
31 years$12,471$8,829$6,123$4,173$2,805$2,067
32 years$11,950$8,354$5,712$3,835$2,537$1,847
33 years$11,461$7,911$5,334$3,527$2,296$1,651
34 years$11,003$7,498$4,984$3,245$2,079$1,477
35 years$10,571$7,112$4,659$2,987$1,883$1,321
36 years$10,165$6,750$4,359$2,751$1,706$1,182
37 years$9,781$6,411$4,080$2,535$1,546$1,058
38 years$9,418$6,093$3,820$2,336$1,402$947
39 years$9,075$5,794$3,579$2,154$1,271$848
40 years$8,750$5,512$3,355$1,987$1,153$759
41 years$8,441$5,247$3,146$1,833$1,046$680
42 years$8,148$4,997$2,951$1,692$949$609
43 years$7,869$4,761$2,769$1,562$861$546
44 years$7,604$4,538$2,599$1,442$782$489
45 years$7,351$4,328$2,441$1,332$710$438
46 years$7,110$4,129$2,292$1,230$645$393
47 years$6,880$3,940$2,153$1,137$585$352
48 years$6,660$3,761$2,024$1,050$532$315
49 years$6,450$3,592$1,902$971$483$283
50 years$6,249$3,431$1,788$897$438$253

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,400,000, adding $4,028 every year, while hoping to spend $47,792 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: 61/31/8 Blend
51$6,400,000$6,400,000$6,400,000$6,400,000
52$7,056,955$6,717,755$6,618,555$7,475,262
53$7,725,914$6,996,075$6,789,426$8,033,990
54$8,461,505$7,286,430$6,964,420$8,637,486
55$9,270,474$7,589,361$7,143,624$9,294,750
56$10,160,254$7,905,431$7,327,126$10,010,970
57$11,139,033$8,235,230$7,515,018$10,791,848
58$12,215,835$8,579,377$7,707,392$11,643,659
59$13,400,599$8,938,516$7,904,339$12,573,303
60$14,704,281$9,313,323$8,105,954$13,588,372
61$16,138,947$9,704,506$8,312,334$14,697,215
62$17,717,897$10,112,804$8,523,574$15,909,021
63$19,455,782$10,538,991$8,739,774$17,233,899
64$21,368,748$10,983,877$8,961,031$18,682,973
65$23,474,582$11,448,310$9,187,448$20,268,487
66$25,792,888$11,933,175$9,419,126$22,003,913
67$28,345,264$12,439,402$9,656,168$23,904,081
68$31,155,510$12,967,961$9,898,678$25,985,316
69$34,249,849$13,519,869$10,146,762$28,265,584
70$37,657,181$14,096,190$10,400,526$30,764,666
71$41,409,347$14,698,036$10,660,076$33,504,338
72$45,541,434$15,326,574$10,925,523$36,508,575
73$50,092,106$15,983,022$11,196,974$39,803,773
74$55,103,969$16,668,658$11,474,541$43,418,997
75$60,623,970$17,384,818$11,758,333$47,386,250
76$66,703,841$18,132,901$12,048,464$51,740,772
77$73,400,591$18,914,371$12,345,045$56,521,371
78$80,777,037$19,730,761$12,648,190$61,770,781
79$88,902,402$20,583,676$12,958,013$67,536,069
80$97,852,968$21,474,796$13,274,626$73,869,066
81$107,712,790$22,405,881$13,598,146$80,826,860
82$118,574,497$23,378,772$13,928,686$88,472,326
83$130,540,161$24,395,396$14,266,362$96,874,715
84$143,722,261$25,457,774$14,611,289$106,110,305
85$158,244,746$26,568,020$14,963,581$116,263,113
86$174,244,203$27,728,345$15,323,354$127,425,687
87$191,871,147$28,941,070$15,690,722$139,699,968
88$211,291,441$30,208,620$16,065,799$153,198,252
89$232,687,863$31,533,537$16,448,698$168,044,243
90$256,261,828$32,918,483$16,839,532$184,374,210
91$282,235,291$34,366,245$17,238,413$202,338,273
92$310,852,842$35,879,742$17,645,451$222,101,808
93$342,384,014$37,462,032$18,060,756$243,847,004
94$377,125,827$39,116,315$18,484,435$267,774,576
95$415,405,592$40,845,946$18,916,594$294,105,647
96$457,584,001$42,654,436$19,357,339$323,083,832
97$504,058,530$44,545,463$19,806,770$354,977,529
98$555,267,190$46,522,881$20,264,987$390,082,439
99$611,692,667$48,590,726$20,732,087$428,724,353
100$673,866,871$50,753,223$21,208,165$471,262,215