Can I retire at age 54 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%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 54 starting with $5,200,000, adding $6,029 every year, while hoping to spend $33,449 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: 44/33/23 Blend
53$5,200,000$5,200,000$5,200,000$5,200,000
54$5,736,619$5,461,019$5,380,419$5,950,538
55$6,286,165$5,693,019$5,525,073$6,334,573
56$6,890,643$5,935,267$5,673,453$6,746,878
57$7,555,621$6,188,228$5,825,647$7,193,137
58$8,287,235$6,452,391$5,981,746$7,676,515
59$9,092,243$6,728,268$6,141,844$8,200,489
60$9,978,092$7,016,394$6,306,037$8,768,877
61$10,952,990$7,317,329$6,474,421$9,385,875
62$12,025,976$7,631,660$6,647,095$10,056,095
63$13,207,014$7,959,999$6,824,161$10,784,603
64$14,507,081$8,302,991$7,005,722$11,576,970
65$15,938,272$8,661,307$7,191,884$12,439,318
66$17,513,917$9,035,652$7,382,753$13,378,379
67$19,248,701$9,426,763$7,578,439$14,401,556
68$21,158,806$9,835,412$7,779,054$15,516,988
69$23,262,064$10,262,407$7,984,712$16,733,630
70$25,578,123$10,708,594$8,195,529$18,061,329
71$28,128,636$11,174,859$8,411,623$19,510,918
72$30,937,459$11,662,130$8,633,115$21,094,315
73$34,030,883$12,171,377$8,860,128$22,824,633
74$37,437,877$12,703,619$9,092,786$24,716,301
75$41,190,364$13,259,919$9,331,218$26,785,197
76$45,323,520$13,841,394$9,575,552$29,048,793
77$49,876,107$14,449,210$9,825,921$31,526,322
78$54,890,840$15,084,592$10,082,460$34,238,949
79$60,414,789$15,748,820$10,345,305$37,209,973
80$66,499,820$16,443,234$10,614,595$40,465,042
81$73,203,090$17,169,241$10,890,472$44,032,391
82$80,587,582$17,928,311$11,173,081$47,943,101
83$88,722,703$18,721,986$11,462,566$52,231,395
84$97,684,935$19,551,879$11,759,078$56,934,952
85$107,558,558$20,419,681$12,062,767$62,095,259
86$118,436,449$21,327,163$12,373,788$67,758,000
87$130,420,952$22,276,180$12,692,295$73,973,480
88$143,624,850$23,268,674$13,018,448$80,797,094
89$158,172,426$24,306,680$13,352,407$88,289,847
90$174,200,636$25,392,331$13,694,336$96,518,925
91$191,860,405$26,527,859$14,044,400$105,558,320
92$211,318,047$27,715,604$14,402,768$115,489,524
93$232,756,835$28,958,016$14,769,609$126,402,292
94$256,378,738$30,257,664$15,145,096$138,395,485
95$282,406,316$31,617,237$15,529,404$151,577,991
96$311,084,832$33,039,553$15,922,710$166,069,750
97$342,684,558$34,527,564$16,325,194$182,002,877
98$377,503,331$36,084,364$16,737,036$199,522,902
99$415,869,366$37,713,192$17,158,422$218,790,134
100$458,144,348$39,417,445$17,589,535$239,981,168