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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.2%
1 years$429,411$425,586$421,854$418,212$414,655$409,135
2 years$212,580$208,621$204,784$201,063$197,455$191,902
3 years$140,312$136,336$132,509$128,823$125,274$119,860
4 years$104,185$100,221$96,432$92,810$89,346$84,115
5 years$82,515$78,575$74,835$71,287$67,919$62,885
6 years$68,073$64,162$60,478$57,009$53,742$48,911
7 years$57,761$53,883$50,258$46,870$43,707$39,081
8 years$50,031$46,188$42,622$39,318$36,259$31,837
9 years$44,021$40,215$36,711$33,490$30,535$26,316
10 years$39,217$35,447$32,005$28,869$26,018$21,997
11 years$35,288$31,557$28,177$25,125$22,376$18,551
12 years$32,017$28,324$25,006$22,038$19,391$15,757
13 years$29,251$25,596$22,341$19,456$16,909$13,461
14 years$26,882$23,266$20,074$17,271$14,822$11,556
15 years$24,831$21,254$18,124$15,403$13,051$9,960
16 years$23,038$19,500$16,432$13,791$11,534$8,613
17 years$21,458$17,959$14,953$12,391$10,227$7,470
18 years$20,054$16,595$13,650$11,167$9,093$6,494
19 years$18,800$15,380$12,496$10,090$8,105$5,658
20 years$17,673$14,292$11,468$9,139$7,240$4,937
21 years$16,655$13,312$10,548$8,294$6,479$4,316
22 years$15,730$12,427$9,722$7,541$5,807$3,777
23 years$14,887$11,622$8,976$6,868$5,213$3,310
24 years$14,115$10,889$8,302$6,264$4,686$2,903
25 years$13,406$10,219$7,689$5,721$4,216$2,549
26 years$12,753$9,604$7,131$5,231$3,798$2,239
27 years$12,149$9,039$6,622$4,788$3,424$1,968
28 years$11,590$8,517$6,156$4,387$3,090$1,732
29 years$11,070$8,035$5,729$4,023$2,790$1,524
30 years$10,585$7,588$5,336$3,692$2,521$1,342
31 years$10,133$7,173$4,975$3,391$2,279$1,182
32 years$9,709$6,787$4,641$3,116$2,062$1,041
33 years$9,312$6,428$4,334$2,865$1,866$918
34 years$8,940$6,092$4,049$2,636$1,689$809
35 years$8,589$5,778$3,786$2,427$1,530$714
36 years$8,259$5,484$3,541$2,235$1,386$630
37 years$7,947$5,209$3,315$2,059$1,256$555
38 years$7,652$4,950$3,104$1,898$1,139$490
39 years$7,373$4,707$2,908$1,750$1,033$432
40 years$7,109$4,479$2,726$1,614$937$382
41 years$6,859$4,263$2,556$1,489$850$337
42 years$6,620$4,060$2,398$1,375$771$297
43 years$6,394$3,869$2,250$1,269$700$263
44 years$6,178$3,688$2,112$1,172$635$232
45 years$5,973$3,516$1,983$1,082$577$205
46 years$5,777$3,354$1,862$999$524$181
47 years$5,590$3,201$1,750$923$476$160
48 years$5,411$3,056$1,644$853$432$141
49 years$5,241$2,918$1,545$789$392$124
50 years$5,077$2,788$1,453$729$356$110

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 $3,968 every year, while hoping to spend $51,684 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: 51/32/17 Blend
52$5,200,000$5,200,000$5,200,000$5,200,000
53$5,734,493$5,458,893$5,378,293$5,999,980
54$6,264,420$5,671,387$5,503,474$6,395,470
55$6,846,667$5,892,562$5,631,117$6,819,501
56$7,486,517$6,122,787$5,761,249$7,279,386
57$8,189,788$6,362,450$5,893,898$7,778,530
58$8,962,892$6,611,955$6,029,089$8,320,676
59$9,812,891$6,871,726$6,166,847$8,909,939
60$10,747,568$7,142,202$6,307,198$9,550,847
61$11,775,495$7,423,845$6,450,165$10,248,376
62$12,906,118$7,717,136$6,595,768$11,008,001
63$14,149,845$8,022,578$6,744,029$11,835,743
64$15,518,142$8,340,698$6,894,967$12,738,226
65$17,023,643$8,672,042$7,048,599$13,722,740
66$18,680,269$9,017,187$7,204,941$14,797,302
67$20,503,357$9,376,730$7,364,008$15,970,737
68$22,509,808$9,751,298$7,525,811$17,252,756
69$24,718,243$10,141,546$7,690,360$18,654,046
70$27,149,180$10,548,158$7,857,663$20,186,369
71$29,825,227$10,971,849$8,027,726$21,862,674
72$32,771,297$11,413,366$8,200,551$23,697,212
73$36,014,838$11,873,490$8,376,138$25,705,673
74$39,586,097$12,353,037$8,554,485$27,905,331
75$43,518,405$12,852,861$8,735,585$30,315,202
76$47,848,485$13,373,854$8,919,430$32,956,225
77$52,616,806$13,916,948$9,106,007$35,851,455
78$57,867,961$14,483,120$9,295,299$39,026,278
79$63,651,087$15,073,387$9,487,285$42,508,651
80$70,020,331$15,688,816$9,681,942$46,329,356
81$77,035,357$16,330,521$9,879,241$50,522,299
82$84,761,915$16,999,667$10,079,146$55,124,814
83$93,272,454$17,697,474$10,281,621$60,178,023
84$102,646,809$18,425,215$10,486,620$65,727,216
85$112,972,956$19,184,224$10,694,095$71,822,276
86$124,347,840$19,975,893$10,903,989$78,518,146
87$136,878,289$20,801,681$11,116,242$85,875,344
88$150,682,023$21,663,112$11,330,785$93,960,532
89$165,888,766$22,561,781$11,547,542$102,847,139
90$182,641,467$23,499,355$11,766,432$112,616,051
91$201,097,653$24,477,581$11,987,365$123,356,373
92$221,430,914$25,498,282$12,210,241$135,166,259
93$243,832,538$26,563,368$12,434,955$148,153,842
94$268,513,321$27,674,837$12,661,390$162,438,244
95$295,705,554$28,834,779$12,889,421$178,150,696
96$325,665,218$30,045,380$13,118,914$195,435,775
97$358,674,394$31,308,929$13,349,722$214,452,759
98$395,043,934$32,627,817$13,581,689$235,377,130
99$435,116,386$34,004,551$13,814,646$258,402,219
100$479,269,234$35,441,751$14,048,414$283,741,027