Can I retire at age 53 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$429,411$425,586$421,854$418,212$414,655$402,511
2 years$212,580$208,621$204,784$201,063$197,455$185,318
3 years$140,312$136,336$132,509$128,823$125,274$113,525
4 years$104,185$100,221$96,432$92,810$89,346$78,075
5 years$82,515$78,575$74,835$71,287$67,919$57,157
6 years$68,073$64,162$60,478$57,009$53,742$43,499
7 years$57,761$53,883$50,258$46,870$43,707$33,982
8 years$50,031$46,188$42,622$39,318$36,259$27,046
9 years$44,021$40,215$36,711$33,490$30,535$21,826
10 years$39,217$35,447$32,005$28,869$26,018$17,799
11 years$35,288$31,557$28,177$25,125$22,376$14,635
12 years$32,017$28,324$25,006$22,038$19,391$12,111
13 years$29,251$25,596$22,341$19,456$16,909$10,075
14 years$26,882$23,266$20,074$17,271$14,822$8,417
15 years$24,831$21,254$18,124$15,403$13,051$7,056
16 years$23,038$19,500$16,432$13,791$11,534$5,932
17 years$21,458$17,959$14,953$12,391$10,227$4,998
18 years$20,054$16,595$13,650$11,167$9,093$4,220
19 years$18,800$15,380$12,496$10,090$8,105$3,569
20 years$17,673$14,292$11,468$9,139$7,240$3,022
21 years$16,655$13,312$10,548$8,294$6,479$2,562
22 years$15,730$12,427$9,722$7,541$5,807$2,174
23 years$14,887$11,622$8,976$6,868$5,213$1,847
24 years$14,115$10,889$8,302$6,264$4,686$1,570
25 years$13,406$10,219$7,689$5,721$4,216$1,335
26 years$12,753$9,604$7,131$5,231$3,798$1,136
27 years$12,149$9,039$6,622$4,788$3,424$967
28 years$11,590$8,517$6,156$4,387$3,090$823
29 years$11,070$8,035$5,729$4,023$2,790$701
30 years$10,585$7,588$5,336$3,692$2,521$597
31 years$10,133$7,173$4,975$3,391$2,279$509
32 years$9,709$6,787$4,641$3,116$2,062$434
33 years$9,312$6,428$4,334$2,865$1,866$370
34 years$8,940$6,092$4,049$2,636$1,689$315
35 years$8,589$5,778$3,786$2,427$1,530$269
36 years$8,259$5,484$3,541$2,235$1,386$229
37 years$7,947$5,209$3,315$2,059$1,256$196
38 years$7,652$4,950$3,104$1,898$1,139$167
39 years$7,373$4,707$2,908$1,750$1,033$142
40 years$7,109$4,479$2,726$1,614$937$121
41 years$6,859$4,263$2,556$1,489$850$103
42 years$6,620$4,060$2,398$1,375$771$88
43 years$6,394$3,869$2,250$1,269$700$75
44 years$6,178$3,688$2,112$1,172$635$64
45 years$5,973$3,516$1,983$1,082$577$55
46 years$5,777$3,354$1,862$999$524$47
47 years$5,590$3,201$1,750$923$476$40
48 years$5,411$3,056$1,644$853$432$34
49 years$5,241$2,918$1,545$789$392$29
50 years$5,077$2,788$1,453$729$356$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 53 starting with $5,200,000, adding $5,228 every year, while hoping to spend $30,993 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: 50/27/23 Blend
52$5,200,000$5,200,000$5,200,000$5,200,000
53$5,735,793$5,460,193$5,379,593$5,985,280
54$6,287,867$5,694,766$5,526,833$6,393,671
55$6,895,215$5,939,794$5,677,967$6,833,719
56$7,563,440$6,195,758$5,833,092$7,311,359
57$8,298,719$6,463,158$5,992,309$7,830,160
58$9,107,857$6,742,521$6,155,719$8,394,044
59$9,998,350$7,034,397$6,323,428$9,007,324
60$10,978,461$7,339,361$6,495,542$9,674,740
61$12,057,292$7,658,018$6,672,171$10,401,504
62$13,244,874$7,990,998$6,853,426$11,193,350
63$14,552,257$8,338,964$7,039,422$12,056,580
64$15,991,620$8,702,606$7,230,276$12,998,129
65$17,576,382$9,082,650$7,426,106$14,025,624
66$19,321,328$9,479,855$7,627,036$15,147,457
67$21,242,752$9,895,016$7,833,190$16,372,860
68$23,358,606$10,328,966$8,044,696$17,711,991
69$25,688,674$10,782,575$8,261,683$19,176,029
70$28,254,755$11,256,758$8,484,286$20,777,275
71$31,080,870$11,752,469$8,712,639$22,529,268
72$34,193,489$12,270,710$8,946,883$24,446,910
73$37,621,779$12,812,529$9,187,158$26,546,603
74$41,397,883$13,379,025$9,433,610$28,846,402
75$45,557,218$13,971,348$9,686,387$31,366,184
76$50,138,812$14,590,703$9,945,639$34,127,832
77$55,185,674$15,238,350$10,211,521$37,155,435
78$60,745,196$15,915,613$10,484,190$40,475,520
79$66,869,603$16,623,875$10,763,807$44,117,293
80$73,616,444$17,364,586$11,050,536$48,112,913
81$81,049,136$18,139,265$11,344,544$52,497,793
82$89,237,563$18,949,504$11,646,001$57,310,931
83$98,258,733$19,796,969$11,955,081$62,595,271
84$108,197,510$20,683,406$12,271,963$68,398,111
85$119,147,408$21,610,645$12,596,825$74,771,538
86$131,211,479$22,580,602$12,929,854$81,772,920
87$144,503,283$23,595,285$13,271,238$89,465,442
88$159,147,960$24,656,796$13,621,166$97,918,699
89$175,283,413$25,767,340$13,979,836$107,209,345
90$193,061,606$26,929,224$14,347,445$117,421,813
91$212,650,002$28,144,869$14,724,197$128,649,111
92$234,233,142$29,416,807$15,110,298$140,993,686
93$258,014,387$30,747,695$15,505,957$154,568,392
94$284,217,837$32,140,315$15,911,389$169,497,548
95$313,090,448$33,597,581$16,326,812$185,918,104
96$344,904,359$35,122,549$16,752,446$203,980,929
97$379,959,469$36,718,419$17,188,518$223,852,223
98$418,586,258$38,388,544$17,635,257$245,715,089
99$461,148,914$40,136,440$18,092,895$269,771,245
100$508,048,766$41,965,789$18,561,670$296,242,922