Why did Sir Issac Newton predict the world would end in 2060 AD?

Many people don't realize that scientist Sir Isaac Newton had a keen interest in the Bible and End Times theology. After hours of research he concluded that Christ would return sometime after 2060 AD.

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Credits (in order of appearance): Music: Optimistic Time/Melody Loops
Images: Isaac Newton: by Godfrey Kneller/Wikipedia/Creative Commons
Milky Way: European Space Agency/Wikipedia/Creative Commons
Solar System: Harman Smith and Laura Generosa (nee Berwin) NASA/Wikipedia/Creative Commons
Camping Billboard: © O'Dea/Wikipedia/CC4
Martin Luther: Wikipedia/Public Domain
Israel Temple Mount: by Friedrich Kaulbach/Wikipedia/Creative Commons
Charlemagne Coronation: by Friedrich Kaulbach (1822-1903)/Wikipedia/Creative Commons