Can I retire at age 54 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%15.7%
1 years$429,411$425,586$421,854$418,212$414,655$404,960
2 years$212,580$208,621$204,784$201,063$197,455$187,742
3 years$140,312$136,336$132,509$128,823$125,274$115,847
4 years$104,185$100,221$96,432$92,810$89,346$80,278
5 years$82,515$78,575$74,835$71,287$67,919$59,235
6 years$68,073$64,162$60,478$57,009$53,742$45,451
7 years$57,761$53,883$50,258$46,870$43,707$35,810
8 years$50,031$46,188$42,622$39,318$36,259$28,753
9 years$44,021$40,215$36,711$33,490$30,535$23,415
10 years$39,217$35,447$32,005$28,869$26,018$19,274
11 years$35,288$31,557$28,177$25,125$22,376$16,000
12 years$32,017$28,324$25,006$22,038$19,391$13,373
13 years$29,251$25,596$22,341$19,456$16,909$11,237
14 years$26,882$23,266$20,074$17,271$14,822$9,485
15 years$24,831$21,254$18,124$15,403$13,051$8,035
16 years$23,038$19,500$16,432$13,791$11,534$6,828
17 years$21,458$17,959$14,953$12,391$10,227$5,817
18 years$20,054$16,595$13,650$11,167$9,093$4,966
19 years$18,800$15,380$12,496$10,090$8,105$4,247
20 years$17,673$14,292$11,468$9,139$7,240$3,638
21 years$16,655$13,312$10,548$8,294$6,479$3,120
22 years$15,730$12,427$9,722$7,541$5,807$2,679
23 years$14,887$11,622$8,976$6,868$5,213$2,302
24 years$14,115$10,889$8,302$6,264$4,686$1,980
25 years$13,406$10,219$7,689$5,721$4,216$1,704
26 years$12,753$9,604$7,131$5,231$3,798$1,467
27 years$12,149$9,039$6,622$4,788$3,424$1,264
28 years$11,590$8,517$6,156$4,387$3,090$1,090
29 years$11,070$8,035$5,729$4,023$2,790$940
30 years$10,585$7,588$5,336$3,692$2,521$811
31 years$10,133$7,173$4,975$3,391$2,279$699
32 years$9,709$6,787$4,641$3,116$2,062$604
33 years$9,312$6,428$4,334$2,865$1,866$521
34 years$8,940$6,092$4,049$2,636$1,689$450
35 years$8,589$5,778$3,786$2,427$1,530$388
36 years$8,259$5,484$3,541$2,235$1,386$335
37 years$7,947$5,209$3,315$2,059$1,256$290
38 years$7,652$4,950$3,104$1,898$1,139$250
39 years$7,373$4,707$2,908$1,750$1,033$216
40 years$7,109$4,479$2,726$1,614$937$187
41 years$6,859$4,263$2,556$1,489$850$161
42 years$6,620$4,060$2,398$1,375$771$139
43 years$6,394$3,869$2,250$1,269$700$120
44 years$6,178$3,688$2,112$1,172$635$104
45 years$5,973$3,516$1,983$1,082$577$90
46 years$5,777$3,354$1,862$999$524$78
47 years$5,590$3,201$1,750$923$476$67
48 years$5,411$3,056$1,644$853$432$58
49 years$5,241$2,918$1,545$789$392$50
50 years$5,077$2,788$1,453$729$356$43

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 $4,791 every year, while hoping to spend $45,993 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: 41/36/23 Blend
53$5,200,000$5,200,000$5,200,000$5,200,000
54$5,735,342$5,459,742$5,379,142$5,931,476
55$6,271,411$5,678,333$5,510,407$6,291,053
56$6,860,617$5,906,094$5,644,528$6,675,264
57$7,508,332$6,143,425$5,781,552$7,090,218
58$8,220,474$6,390,745$5,921,526$7,538,759
59$9,003,563$6,648,491$6,064,497$8,024,008
60$9,864,781$6,917,123$6,210,513$8,549,396
61$10,812,044$7,197,117$6,359,621$9,118,690
62$11,854,071$7,488,974$6,511,866$9,736,029
63$13,000,470$7,793,217$6,667,297$10,405,965
64$14,261,825$8,110,392$6,825,959$11,133,496
65$15,649,801$8,441,071$6,987,899$11,924,120
66$17,177,248$8,785,851$7,153,161$12,783,879
67$18,858,327$9,145,358$7,321,791$13,719,418
68$20,708,640$9,520,243$7,493,835$14,738,043
69$22,745,377$9,911,191$7,669,334$15,847,792
70$24,987,482$10,318,916$7,848,333$17,057,501
71$27,455,827$10,744,165$8,030,874$18,376,896
72$30,173,411$11,187,719$8,216,999$19,816,671
73$33,165,578$11,650,395$8,406,746$21,388,596
74$36,460,251$12,133,049$8,600,157$23,105,620
75$40,088,202$12,636,574$8,797,267$24,981,993
76$44,083,338$13,161,905$8,998,115$27,033,397
77$48,483,021$13,710,021$9,202,735$29,277,090
78$53,328,422$14,281,945$9,411,159$31,732,069
79$58,664,908$14,878,748$9,623,420$34,419,243
80$64,542,471$15,501,549$9,839,547$37,361,630
81$71,016,198$16,151,519$10,059,567$40,584,569
82$78,146,793$16,829,886$10,283,505$44,115,956
83$86,001,147$17,537,932$10,511,383$47,986,504
84$94,652,971$18,276,998$10,743,222$52,230,028
85$104,183,493$19,048,490$10,979,038$56,883,764
86$114,682,219$19,853,876$11,218,846$61,988,710
87$126,247,783$20,694,694$11,462,656$67,590,015
88$138,988,877$21,572,553$11,710,474$73,737,398
89$153,025,272$22,489,138$11,962,305$80,485,611
90$168,488,955$23,446,211$12,218,147$87,894,953
91$185,525,369$24,445,616$12,477,996$96,031,835
92$204,294,790$25,489,284$12,741,842$104,969,399
93$224,973,835$26,579,236$13,009,670$114,788,205
94$247,757,133$27,717,586$13,281,461$125,576,984
95$272,859,161$28,906,548$13,557,191$137,433,471
96$300,516,266$30,148,439$13,836,827$150,465,321
97$330,988,898$31,445,685$14,120,334$164,791,118
98$364,564,068$32,800,826$14,407,667$180,541,488
99$401,558,056$34,216,519$14,698,776$197,860,325
100$442,319,396$35,695,547$14,993,604$216,906,141