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%14%
1 years$429,411$425,586$421,854$418,212$414,655$407,786
2 years$212,580$208,621$204,784$201,063$197,455$190,554
3 years$140,312$136,336$132,509$128,823$125,274$118,556
4 years$104,185$100,221$96,432$92,810$89,346$82,864
5 years$82,515$78,575$74,835$71,287$67,919$61,691
6 years$68,073$64,162$60,478$57,009$53,742$47,775
7 years$57,761$53,883$50,258$46,870$43,707$38,003
8 years$50,031$46,188$42,622$39,318$36,259$30,816
9 years$44,021$40,215$36,711$33,490$30,535$25,351
10 years$39,217$35,447$32,005$28,869$26,018$21,088
11 years$35,288$31,557$28,177$25,125$22,376$17,696
12 years$32,017$28,324$25,006$22,038$19,391$14,953
13 years$29,251$25,596$22,341$19,456$16,909$12,708
14 years$26,882$23,266$20,074$17,271$14,822$10,851
15 years$24,831$21,254$18,124$15,403$13,051$9,301
16 years$23,038$19,500$16,432$13,791$11,534$7,999
17 years$21,458$17,959$14,953$12,391$10,227$6,898
18 years$20,054$16,595$13,650$11,167$9,093$5,962
19 years$18,800$15,380$12,496$10,090$8,105$5,164
20 years$17,673$14,292$11,468$9,139$7,240$4,480
21 years$16,655$13,312$10,548$8,294$6,479$3,892
22 years$15,730$12,427$9,722$7,541$5,807$3,386
23 years$14,887$11,622$8,976$6,868$5,213$2,949
24 years$14,115$10,889$8,302$6,264$4,686$2,570
25 years$13,406$10,219$7,689$5,721$4,216$2,242
26 years$12,753$9,604$7,131$5,231$3,798$1,957
27 years$12,149$9,039$6,622$4,788$3,424$1,710
28 years$11,590$8,517$6,156$4,387$3,090$1,494
29 years$11,070$8,035$5,729$4,023$2,790$1,307
30 years$10,585$7,588$5,336$3,692$2,521$1,143
31 years$10,133$7,173$4,975$3,391$2,279$1,000
32 years$9,709$6,787$4,641$3,116$2,062$875
33 years$9,312$6,428$4,334$2,865$1,866$766
34 years$8,940$6,092$4,049$2,636$1,689$671
35 years$8,589$5,778$3,786$2,427$1,530$588
36 years$8,259$5,484$3,541$2,235$1,386$515
37 years$7,947$5,209$3,315$2,059$1,256$451
38 years$7,652$4,950$3,104$1,898$1,139$396
39 years$7,373$4,707$2,908$1,750$1,033$347
40 years$7,109$4,479$2,726$1,614$937$304
41 years$6,859$4,263$2,556$1,489$850$266
42 years$6,620$4,060$2,398$1,375$771$234
43 years$6,394$3,869$2,250$1,269$700$205
44 years$6,178$3,688$2,112$1,172$635$180
45 years$5,973$3,516$1,983$1,082$577$157
46 years$5,777$3,354$1,862$999$524$138
47 years$5,590$3,201$1,750$923$476$121
48 years$5,411$3,056$1,644$853$432$106
49 years$5,241$2,918$1,545$789$392$93
50 years$5,077$2,788$1,453$729$356$82

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 $2,456 every year, while hoping to spend $31,017 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: 84/7/9 Blend
53$5,200,000$5,200,000$5,200,000$5,200,000
54$5,732,933$5,457,333$5,376,733$6,207,477
55$6,284,691$5,691,741$5,523,852$6,752,398
56$6,891,688$5,936,595$5,674,860$7,346,405
57$7,559,526$6,192,374$5,829,854$7,997,907
58$8,294,378$6,459,581$5,988,934$8,712,664
59$9,103,044$6,738,739$6,152,203$9,497,020
60$9,993,017$7,030,400$6,319,764$10,357,961
61$10,972,553$7,335,138$6,491,724$11,303,182
62$12,050,750$7,653,556$6,668,194$12,341,158
63$13,237,631$7,986,285$6,849,283$13,481,226
64$14,544,242$8,333,986$7,035,106$14,733,668
65$15,982,752$8,697,349$7,225,780$16,109,812
66$17,566,574$9,077,100$7,421,425$17,622,138
67$19,310,483$9,473,996$7,622,161$19,284,390
68$21,230,762$9,888,832$7,828,113$21,111,711
69$23,345,354$10,322,439$8,039,409$23,120,783
70$25,674,030$10,775,688$8,256,179$25,329,984
71$28,238,575$11,249,491$8,478,555$27,759,561
72$31,062,996$11,744,803$8,706,673$30,431,817
73$34,173,747$12,262,623$8,940,672$33,371,329
74$37,599,978$12,804,001$9,180,694$36,605,168
75$41,373,811$13,370,031$9,426,881$40,163,165
76$45,530,641$13,961,864$9,679,384$44,078,183
77$50,109,474$14,580,704$9,938,351$48,386,430
78$55,153,292$15,227,809$10,203,937$53,127,801
79$60,709,457$15,904,501$10,476,298$58,346,250
80$66,830,163$16,612,163$10,755,595$64,090,210
81$73,572,923$17,352,243$11,041,992$70,413,039
82$81,001,117$18,126,259$11,335,654$77,373,535
83$89,184,585$18,935,800$11,636,753$85,036,480
84$98,200,290$19,782,530$11,945,460$93,473,256
85$108,133,040$20,668,196$12,261,955$102,762,513
86$119,076,296$21,594,623$12,586,415$112,990,916
87$131,133,044$22,563,726$12,919,027$124,253,956
88$144,416,777$23,577,510$13,259,976$136,656,856
89$159,052,557$24,638,077$13,609,454$150,315,556
90$175,178,203$25,747,628$13,967,656$165,357,811
91$192,945,587$26,908,468$14,334,779$181,924,394
92$212,522,068$28,123,015$14,711,027$200,170,425
93$234,092,076$29,393,800$15,096,603$220,266,830
94$257,858,847$30,723,475$15,491,718$242,401,955
95$284,046,343$32,114,820$15,896,585$266,783,343
96$312,901,370$33,570,746$16,311,420$293,639,690
97$344,695,903$35,094,304$16,736,445$323,223,003
98$379,729,653$36,688,693$17,171,884$355,810,975
99$418,332,900$38,357,263$17,617,965$391,709,609
100$460,869,610$40,103,523$18,074,921$431,256,097