Can I retire at age 52 with 6,600,000?

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 $6,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$545,022$540,167$535,431$530,807$526,293$508,429
2 years$269,813$264,788$259,918$255,196$250,616$232,797
3 years$178,088$173,042$168,184$163,506$159,001$141,787
4 years$132,235$127,204$122,395$117,797$113,401$96,924
5 years$104,731$99,729$94,983$90,480$86,206$70,509
6 years$86,400$81,437$76,761$72,357$68,211$53,308
7 years$73,312$68,390$63,789$59,489$55,474$41,361
8 years$63,500$58,623$54,098$49,904$46,021$32,687
9 years$55,873$51,042$46,594$42,507$38,757$26,186
10 years$49,775$44,991$40,622$36,641$33,022$21,194
11 years$44,789$40,053$35,763$31,889$28,400$17,292
12 years$40,637$35,949$31,739$27,971$24,611$14,197
13 years$37,126$32,488$28,356$24,694$21,461$11,714
14 years$34,119$29,530$25,478$21,921$18,813$9,705
15 years$31,516$26,977$23,004$19,549$16,564$8,067
16 years$29,240$24,750$20,856$17,504$14,640$6,723
17 years$27,235$22,794$18,978$15,728$12,981$5,615
18 years$25,454$21,063$17,325$14,174$11,542$4,699
19 years$23,862$19,521$15,860$12,807$10,287$3,938
20 years$22,431$18,140$14,555$11,599$9,189$3,304
21 years$21,139$16,896$13,388$10,527$8,223$2,776
22 years$19,965$15,772$12,339$9,572$7,371$2,334
23 years$18,895$14,751$11,393$8,717$6,616$1,963
24 years$17,915$13,821$10,537$7,950$5,947$1,653
25 years$17,016$12,970$9,759$7,261$5,351$1,392
26 years$16,187$12,190$9,051$6,639$4,820$1,173
27 years$15,420$11,472$8,405$6,077$4,346$989
28 years$14,710$10,810$7,813$5,568$3,921$834
29 years$14,050$10,198$7,271$5,106$3,541$703
30 years$13,435$9,631$6,773$4,686$3,199$593
31 years$12,861$9,105$6,314$4,303$2,893$501
32 years$12,323$8,615$5,891$3,955$2,617$422
33 years$11,820$8,158$5,500$3,637$2,368$357
34 years$11,347$7,732$5,139$3,346$2,144$301
35 years$10,902$7,334$4,805$3,080$1,942$254
36 years$10,482$6,961$4,495$2,837$1,759$214
37 years$10,087$6,611$4,207$2,614$1,595$181
38 years$9,713$6,283$3,940$2,409$1,446$153
39 years$9,359$5,975$3,691$2,221$1,311$129
40 years$9,023$5,684$3,460$2,049$1,189$109
41 years$8,705$5,411$3,244$1,890$1,079$92
42 years$8,403$5,153$3,043$1,745$979$78
43 years$8,115$4,910$2,856$1,611$888$66
44 years$7,842$4,680$2,680$1,487$806$55
45 years$7,581$4,463$2,517$1,373$732$47
46 years$7,332$4,258$2,364$1,269$665$40
47 years$7,095$4,063$2,221$1,172$604$33
48 years$6,868$3,879$2,087$1,083$548$28
49 years$6,651$3,704$1,962$1,001$498$24
50 years$6,444$3,538$1,844$925$452$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $6,600,000, adding $5,405 every year, while hoping to spend $40,244 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: 27/46/27 Blend
51$6,600,000$6,600,000$6,600,000$6,600,000
52$7,278,775$6,928,975$6,826,675$7,413,854
53$7,978,391$7,225,676$7,012,550$7,819,917
54$8,748,019$7,535,566$7,203,302$8,251,754
55$9,594,757$7,859,249$7,399,053$8,714,589
56$10,526,428$8,197,358$7,599,927$9,211,087
57$11,551,649$8,550,553$7,806,050$9,744,167
58$12,679,915$8,919,529$8,017,550$10,317,025
59$13,921,690$9,305,009$8,234,561$10,933,161
60$15,288,500$9,707,753$8,457,218$11,596,409
61$16,793,050$10,128,555$8,685,657$12,310,971
62$18,449,335$10,568,248$8,920,021$13,081,452
63$20,272,778$11,027,703$9,160,452$13,912,901
64$22,280,373$11,507,832$9,407,099$14,810,857
65$24,490,846$12,009,591$9,660,111$15,781,393
66$26,924,830$12,533,978$9,919,642$16,831,175
67$29,605,061$13,082,042$10,185,849$17,967,517
68$32,556,594$13,654,879$10,458,892$19,198,447
69$35,807,035$14,253,637$10,738,934$20,532,779
70$39,386,807$14,879,518$11,026,141$21,980,192
71$43,329,429$15,533,783$11,320,685$23,551,315
72$47,671,842$16,217,749$11,622,739$25,257,824
73$52,454,749$16,932,799$11,932,481$27,112,545
74$57,723,005$17,680,377$12,250,091$29,129,575
75$63,526,037$18,462,000$12,575,753$31,324,400
76$69,918,308$19,279,254$12,909,657$33,714,047
77$76,959,839$20,133,801$13,251,994$36,317,227
78$84,716,767$21,027,382$13,602,960$39,154,515
79$93,261,972$21,961,819$13,962,754$42,248,530
80$102,675,768$22,939,022$14,331,581$45,624,149
81$113,046,654$23,960,992$14,709,647$49,308,725
82$124,472,157$25,029,825$15,097,164$53,332,349
83$137,059,745$26,147,715$15,494,347$57,728,114
84$150,927,848$27,316,961$15,901,416$62,532,430
85$166,206,969$28,539,973$16,318,594$67,785,352
86$183,040,921$29,819,273$16,746,109$73,530,951
87$201,588,183$31,157,506$17,184,192$79,817,721
88$222,023,395$32,557,440$17,633,079$86,699,026
89$244,539,004$34,021,977$18,093,010$94,233,596
90$269,347,085$35,554,158$18,564,229$102,486,066
91$296,681,342$37,157,165$19,046,985$111,527,578
92$326,799,310$38,834,337$19,541,530$121,436,440
93$359,984,790$40,589,170$20,048,121$132,298,854
94$396,550,524$42,425,325$20,567,019$144,209,713
95$436,841,154$44,346,642$21,098,490$157,273,487
96$481,236,465$46,357,141$21,642,803$171,605,196
97$530,154,980$48,461,037$22,200,232$187,331,475
98$584,057,904$50,662,743$22,771,056$204,591,760
99$643,453,480$52,966,888$23,355,556$223,539,586
100$708,901,788$55,378,318$23,954,020$244,344,017