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%13.8%
1 years$429,411$425,586$421,854$418,212$414,655$408,122
2 years$212,580$208,621$204,784$201,063$197,455$190,890
3 years$140,312$136,336$132,509$128,823$125,274$118,880
4 years$104,185$100,221$96,432$92,810$89,346$83,175
5 years$82,515$78,575$74,835$71,287$67,919$61,987
6 years$68,073$64,162$60,478$57,009$53,742$48,057
7 years$57,761$53,883$50,258$46,870$43,707$38,269
8 years$50,031$46,188$42,622$39,318$36,259$31,069
9 years$44,021$40,215$36,711$33,490$30,535$25,589
10 years$39,217$35,447$32,005$28,869$26,018$21,312
11 years$35,288$31,557$28,177$25,125$22,376$17,906
12 years$32,017$28,324$25,006$22,038$19,391$15,150
13 years$29,251$25,596$22,341$19,456$16,909$12,893
14 years$26,882$23,266$20,074$17,271$14,822$11,023
15 years$24,831$21,254$18,124$15,403$13,051$9,462
16 years$23,038$19,500$16,432$13,791$11,534$8,148
17 years$21,458$17,959$14,953$12,391$10,227$7,037
18 years$20,054$16,595$13,650$11,167$9,093$6,091
19 years$18,800$15,380$12,496$10,090$8,105$5,283
20 years$17,673$14,292$11,468$9,139$7,240$4,590
21 years$16,655$13,312$10,548$8,294$6,479$3,994
22 years$15,730$12,427$9,722$7,541$5,807$3,480
23 years$14,887$11,622$8,976$6,868$5,213$3,035
24 years$14,115$10,889$8,302$6,264$4,686$2,650
25 years$13,406$10,219$7,689$5,721$4,216$2,315
26 years$12,753$9,604$7,131$5,231$3,798$2,024
27 years$12,149$9,039$6,622$4,788$3,424$1,771
28 years$11,590$8,517$6,156$4,387$3,090$1,551
29 years$11,070$8,035$5,729$4,023$2,790$1,358
30 years$10,585$7,588$5,336$3,692$2,521$1,190
31 years$10,133$7,173$4,975$3,391$2,279$1,043
32 years$9,709$6,787$4,641$3,116$2,062$914
33 years$9,312$6,428$4,334$2,865$1,866$802
34 years$8,940$6,092$4,049$2,636$1,689$703
35 years$8,589$5,778$3,786$2,427$1,530$617
36 years$8,259$5,484$3,541$2,235$1,386$542
37 years$7,947$5,209$3,315$2,059$1,256$475
38 years$7,652$4,950$3,104$1,898$1,139$417
39 years$7,373$4,707$2,908$1,750$1,033$366
40 years$7,109$4,479$2,726$1,614$937$322
41 years$6,859$4,263$2,556$1,489$850$282
42 years$6,620$4,060$2,398$1,375$771$248
43 years$6,394$3,869$2,250$1,269$700$218
44 years$6,178$3,688$2,112$1,172$635$191
45 years$5,973$3,516$1,983$1,082$577$168
46 years$5,777$3,354$1,862$999$524$148
47 years$5,590$3,201$1,750$923$476$130
48 years$5,411$3,056$1,644$853$432$114
49 years$5,241$2,918$1,545$789$392$100
50 years$5,077$2,788$1,453$729$356$88

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 $5,316 every year, while hoping to spend $43,563 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: 35/47/18 Blend
52$5,200,000$5,200,000$5,200,000$5,200,000
53$5,735,883$5,460,283$5,379,683$5,904,841
54$6,274,593$5,681,487$5,513,552$6,249,942
55$6,866,791$5,912,069$5,650,445$6,617,597
56$7,517,886$6,152,443$5,790,419$7,013,373
57$8,233,841$6,403,043$5,933,527$7,439,793
58$9,021,220$6,664,319$6,079,828$7,899,622
59$9,887,259$6,936,745$6,229,376$8,395,895
60$10,839,928$7,220,815$6,382,230$8,931,941
61$11,888,012$7,517,046$6,538,446$9,511,412
62$13,041,186$7,825,978$6,698,080$10,138,318
63$14,310,112$8,148,177$6,861,192$10,817,061
64$15,706,539$8,484,233$7,027,837$11,552,475
65$17,243,411$8,834,765$7,198,074$12,349,867
66$18,934,990$9,200,419$7,371,960$13,215,069
67$20,796,991$9,581,872$7,549,553$14,154,485
68$22,846,731$9,979,831$7,730,911$15,175,155
69$25,103,291$10,395,036$7,916,090$16,284,814
70$27,587,696$10,828,261$8,105,147$17,491,963
71$30,323,111$11,280,317$8,298,140$18,805,947
72$33,335,065$11,752,049$8,495,125$20,237,041
73$36,651,687$12,244,345$8,696,156$21,796,542
74$40,303,972$12,758,131$8,901,291$23,496,872
75$44,326,076$13,294,377$9,110,582$25,351,693
76$48,755,633$13,854,100$9,324,085$27,376,033
77$53,634,117$14,438,360$9,541,851$29,586,420
78$59,007,227$15,048,269$9,763,933$32,001,039
79$64,925,320$15,684,990$9,990,381$34,639,895
80$71,443,889$16,349,741$10,221,244$37,525,002
81$78,624,081$17,043,794$10,456,572$40,680,581
82$86,533,280$17,768,483$10,696,409$44,133,287
83$95,245,738$18,525,201$10,940,802$47,912,457
84$104,843,277$19,315,410$11,189,793$52,050,377
85$115,416,064$20,140,638$11,443,424$56,582,585
86$127,063,456$21,002,482$11,701,732$61,548,200
87$139,894,943$21,902,619$11,964,754$66,990,284
88$154,031,178$22,842,798$12,232,525$72,956,243
89$169,605,119$23,824,856$12,505,075$79,498,270
90$186,763,278$24,850,711$12,782,432$86,673,826
91$205,667,111$25,922,374$13,064,622$94,546,181
92$226,494,535$27,041,949$13,351,665$103,184,999
93$249,441,611$28,211,638$13,643,580$112,666,990
94$274,724,395$29,433,748$13,940,380$123,076,628
95$302,580,975$30,710,694$14,242,074$134,506,934
96$333,273,719$32,045,002$14,548,668$147,060,352
97$367,091,752$33,439,321$14,860,162$160,849,703
98$404,353,683$34,896,420$15,176,550$175,999,240
99$445,410,617$36,419,202$15,497,822$192,645,813
100$490,649,463$38,010,706$15,823,962$210,940,149