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%16.8%
1 years$561,538$556,536$551,656$546,893$542,242$527,209
2 years$277,989$272,812$267,794$262,929$258,210$243,178
3 years$183,485$178,285$173,280$168,461$163,819$149,257
4 years$136,242$131,059$126,104$121,367$116,837$102,857
5 years$107,904$102,752$97,862$93,221$88,818$75,459
6 years$89,018$83,904$79,087$74,550$70,279$57,552
7 years$75,534$70,463$65,722$61,292$57,155$45,063
8 years$65,425$60,400$55,737$51,416$47,416$35,950
9 years$57,566$52,589$48,006$43,795$39,931$29,081
10 years$51,283$46,354$41,853$37,752$34,023$23,776
11 years$46,146$41,267$36,847$32,855$29,261$19,599
12 years$41,868$37,039$32,701$28,819$25,357$16,262
13 years$38,251$33,472$29,216$25,442$22,112$13,565
14 years$35,153$30,425$26,250$22,585$19,383$11,364
15 years$32,471$27,794$23,701$20,142$17,066$9,553
16 years$30,127$25,500$21,488$18,035$15,083$8,054
17 years$28,060$23,485$19,553$16,204$13,374$6,806
18 years$26,225$21,701$17,850$14,603$11,891$5,764
19 years$24,585$20,112$16,341$13,195$10,599$4,889
20 years$23,111$18,689$14,997$11,951$9,467$4,153
21 years$21,779$17,408$13,794$10,846$8,472$3,532
22 years$20,570$16,250$12,713$9,862$7,594$3,006
23 years$19,467$15,198$11,738$8,981$6,817$2,561
24 years$18,458$14,240$10,856$8,191$6,127$2,184
25 years$17,531$13,364$10,055$7,481$5,514$1,863
26 years$16,677$12,560$9,325$6,840$4,966$1,590
27 years$15,888$11,820$8,659$6,261$4,478$1,358
28 years$15,156$11,138$8,050$5,736$4,040$1,160
29 years$14,476$10,507$7,491$5,260$3,648$991
30 years$13,842$9,923$6,978$4,828$3,296$848
31 years$13,250$9,381$6,505$4,434$2,980$725
32 years$12,697$8,876$6,070$4,075$2,696$620
33 years$12,178$8,406$5,667$3,747$2,440$530
34 years$11,690$7,967$5,295$3,448$2,209$453
35 years$11,232$7,556$4,950$3,174$2,001$388
36 years$10,800$7,172$4,631$2,923$1,813$332
37 years$10,392$6,812$4,335$2,693$1,643$284
38 years$10,007$6,474$4,059$2,482$1,489$243
39 years$9,642$6,156$3,803$2,289$1,351$208
40 years$9,297$5,857$3,565$2,111$1,225$178
41 years$8,969$5,575$3,342$1,948$1,111$152
42 years$8,657$5,309$3,135$1,798$1,009$130
43 years$8,361$5,059$2,942$1,659$915$112
44 years$8,079$4,822$2,762$1,532$831$96
45 years$7,811$4,598$2,593$1,415$754$82
46 years$7,555$4,387$2,435$1,307$685$70
47 years$7,310$4,186$2,288$1,208$622$60
48 years$7,076$3,996$2,150$1,116$565$51
49 years$6,853$3,816$2,021$1,031$513$44
50 years$6,639$3,645$1,900$953$466$38

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 $5,105 every year, while hoping to spend $42,932 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: 42/44/14 Blend
51$6,800,000$6,800,000$6,800,000$6,800,000
52$7,498,866$7,138,466$7,033,066$7,782,856
53$8,218,071$7,442,571$7,222,994$8,287,096
54$9,009,196$7,760,139$7,417,846$8,828,130
55$9,879,531$8,091,783$7,617,742$9,413,055
56$10,837,110$8,438,147$7,822,803$10,045,904
57$11,890,783$8,799,904$8,033,154$10,731,103
58$13,050,301$9,177,758$8,248,923$11,473,509
59$14,326,410$9,572,446$8,470,240$12,278,454
60$15,730,949$9,984,741$8,697,238$13,151,794
61$17,276,963$10,415,450$8,930,053$14,099,959
62$18,978,826$10,865,421$9,168,823$15,130,012
63$20,852,377$11,335,537$9,413,689$16,249,715
64$22,915,068$11,826,727$9,664,797$17,467,593
65$25,186,130$12,339,962$9,922,292$18,793,017
66$27,686,753$12,876,257$10,186,326$20,236,285
67$30,440,285$13,436,678$10,457,052$21,808,717
68$33,472,457$14,022,337$10,734,626$23,522,761
69$36,811,619$14,634,403$11,019,207$25,392,098
70$40,489,012$15,274,097$11,310,958$27,431,776
71$44,539,061$15,942,698$11,610,046$29,658,344
72$48,999,701$16,641,545$11,916,637$32,090,001
73$53,912,732$17,372,043$12,230,906$34,746,767
74$59,324,217$18,135,659$12,553,028$37,650,666
75$65,284,913$18,933,932$12,883,180$40,825,926
76$71,850,754$19,768,474$13,221,546$44,299,206
77$79,083,374$20,640,972$13,568,311$48,099,838
78$87,050,692$21,553,194$13,923,663$52,260,102
79$95,827,552$22,506,990$14,287,796$56,815,520
80$105,496,429$23,504,300$14,660,904$61,805,189
81$116,148,207$24,547,153$15,043,187$67,272,140
82$127,883,038$25,637,677$15,434,847$73,263,737
83$140,811,284$26,778,100$15,836,091$79,832,121
84$155,054,564$27,970,755$16,247,128$87,034,687
85$170,746,894$29,218,086$16,668,172$94,934,624
86$188,035,960$30,522,655$17,099,438$103,601,501
87$207,084,506$31,887,144$17,541,148$113,111,911
88$228,071,874$33,314,362$17,993,525$123,550,191
89$251,195,693$34,807,254$18,456,796$135,009,203
90$276,673,747$36,368,903$18,931,192$147,591,205
91$304,746,030$38,002,539$19,416,947$161,408,798
92$335,677,009$39,711,548$19,914,299$176,585,988
93$369,758,125$41,499,475$20,423,489$193,259,335
94$407,310,540$43,370,035$20,944,762$211,579,237
95$448,688,169$45,327,121$21,478,366$231,711,333
96$494,281,023$47,374,811$22,024,552$253,838,055
97$544,518,888$49,517,378$22,583,575$278,160,334
98$599,875,384$51,759,298$23,155,693$304,899,484
99$660,872,432$54,105,262$23,741,168$334,299,274
100$728,085,186$56,560,186$24,340,263$366,628,218