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%13.4%
1 years$429,411$425,586$421,854$418,212$414,655$408,796
2 years$212,580$208,621$204,784$201,063$197,455$191,563
3 years$140,312$136,336$132,509$128,823$125,274$119,533
4 years$104,185$100,221$96,432$92,810$89,346$83,800
5 years$82,515$78,575$74,835$71,287$67,919$62,584
6 years$68,073$64,162$60,478$57,009$53,742$48,625
7 years$57,761$53,883$50,258$46,870$43,707$38,808
8 years$50,031$46,188$42,622$39,318$36,259$31,579
9 years$44,021$40,215$36,711$33,490$30,535$26,071
10 years$39,217$35,447$32,005$28,869$26,018$21,766
11 years$35,288$31,557$28,177$25,125$22,376$18,334
12 years$32,017$28,324$25,006$22,038$19,391$15,552
13 years$29,251$25,596$22,341$19,456$16,909$13,269
14 years$26,882$23,266$20,074$17,271$14,822$11,376
15 years$24,831$21,254$18,124$15,403$13,051$9,791
16 years$23,038$19,500$16,432$13,791$11,534$8,456
17 years$21,458$17,959$14,953$12,391$10,227$7,323
18 years$20,054$16,595$13,650$11,167$9,093$6,357
19 years$18,800$15,380$12,496$10,090$8,105$5,530
20 years$17,673$14,292$11,468$9,139$7,240$4,819
21 years$16,655$13,312$10,548$8,294$6,479$4,206
22 years$15,730$12,427$9,722$7,541$5,807$3,676
23 years$14,887$11,622$8,976$6,868$5,213$3,216
24 years$14,115$10,889$8,302$6,264$4,686$2,816
25 years$13,406$10,219$7,689$5,721$4,216$2,468
26 years$12,753$9,604$7,131$5,231$3,798$2,165
27 years$12,149$9,039$6,622$4,788$3,424$1,901
28 years$11,590$8,517$6,156$4,387$3,090$1,669
29 years$11,070$8,035$5,729$4,023$2,790$1,467
30 years$10,585$7,588$5,336$3,692$2,521$1,289
31 years$10,133$7,173$4,975$3,391$2,279$1,134
32 years$9,709$6,787$4,641$3,116$2,062$997
33 years$9,312$6,428$4,334$2,865$1,866$878
34 years$8,940$6,092$4,049$2,636$1,689$772
35 years$8,589$5,778$3,786$2,427$1,530$680
36 years$8,259$5,484$3,541$2,235$1,386$599
37 years$7,947$5,209$3,315$2,059$1,256$527
38 years$7,652$4,950$3,104$1,898$1,139$464
39 years$7,373$4,707$2,908$1,750$1,033$409
40 years$7,109$4,479$2,726$1,614$937$361
41 years$6,859$4,263$2,556$1,489$850$318
42 years$6,620$4,060$2,398$1,375$771$280
43 years$6,394$3,869$2,250$1,269$700$247
44 years$6,178$3,688$2,112$1,172$635$217
45 years$5,973$3,516$1,983$1,082$577$192
46 years$5,777$3,354$1,862$999$524$169
47 years$5,590$3,201$1,750$923$476$149
48 years$5,411$3,056$1,644$853$432$131
49 years$5,241$2,918$1,545$789$392$116
50 years$5,077$2,788$1,453$729$356$102

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 $6,979 every year, while hoping to spend $40,444 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: 81/13/6 Blend
53$5,200,000$5,200,000$5,200,000$5,200,000
54$5,737,599$5,461,999$5,381,399$6,199,394
55$6,279,802$5,686,605$5,518,644$6,727,086
56$6,875,954$5,920,861$5,659,131$7,300,004
57$7,531,515$6,165,197$5,802,926$7,927,535
58$8,252,502$6,420,064$5,950,096$8,615,116
59$9,045,541$6,685,931$6,100,708$9,368,730
60$9,917,936$6,963,291$6,254,831$10,194,967
61$10,877,733$7,252,659$6,412,535$11,101,085
62$11,933,795$7,554,574$6,573,889$12,095,074
63$13,095,892$7,869,598$6,738,964$13,185,734
64$14,374,786$8,198,321$6,907,832$14,382,758
65$15,782,335$8,541,359$7,080,565$15,696,819
66$17,331,606$8,899,358$7,257,236$17,139,672
67$19,036,995$9,272,992$7,437,920$18,724,267
68$20,914,367$9,662,968$7,622,689$20,464,865
69$22,981,203$10,070,024$7,811,619$22,377,174
70$25,256,764$10,494,933$8,004,786$24,478,499
71$27,762,273$10,938,504$8,202,266$26,787,898
72$30,521,118$11,401,583$8,404,135$29,326,369
73$33,559,068$11,885,057$8,610,470$32,117,040
74$36,904,521$12,389,853$8,821,348$35,185,389
75$40,588,766$12,916,939$9,036,847$38,559,484
76$44,646,283$13,467,333$9,257,045$42,270,246
77$49,115,068$14,042,096$9,482,020$46,351,740
78$54,036,987$14,642,340$9,711,849$50,841,494
79$59,458,175$15,269,230$9,946,611$55,780,853
80$65,429,470$15,923,984$10,186,385$61,215,368
81$72,006,895$16,607,878$10,431,247$67,195,224
82$79,252,181$17,322,247$10,681,277$73,775,710
83$87,233,355$18,068,488$10,936,551$81,017,744
84$96,025,378$18,848,065$11,197,146$88,988,444
85$105,710,855$19,662,509$11,463,139$97,761,758
86$116,380,814$20,513,424$11,734,606$107,419,163
87$128,135,564$21,402,488$12,011,622$118,050,429
88$141,085,641$22,331,459$12,294,261$129,754,470
89$155,352,853$23,302,178$12,582,596$142,640,269
90$171,071,431$24,316,571$12,876,699$156,827,910
91$188,389,290$25,376,656$13,176,642$172,449,706
92$207,469,430$26,484,545$13,482,492$189,651,446
93$228,491,474$27,642,451$13,794,318$208,593,772
94$251,653,363$28,852,689$14,112,185$229,453,688
95$277,173,220$30,117,684$14,436,158$252,426,234
96$305,291,415$31,439,978$14,766,296$277,726,317
97$336,272,833$32,822,230$15,102,660$305,590,745
98$370,409,368$34,267,226$15,445,306$336,280,455
99$408,022,686$35,777,882$15,794,286$370,082,971
100$449,467,257$37,357,255$16,149,651$407,315,122