Can I retire at age 55 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%18.1%
1 years$429,411$425,586$421,854$418,212$414,655$401,061
2 years$212,580$208,621$204,784$201,063$197,455$183,889
3 years$140,312$136,336$132,509$128,823$125,274$112,161
4 years$104,185$100,221$96,432$92,810$89,346$76,788
5 years$82,515$78,575$74,835$71,287$67,919$55,949
6 years$68,073$64,162$60,478$57,009$53,742$42,369
7 years$57,761$53,883$50,258$46,870$43,707$32,930
8 years$50,031$46,188$42,622$39,318$36,259$26,071
9 years$44,021$40,215$36,711$33,490$30,535$20,924
10 years$39,217$35,447$32,005$28,869$26,018$16,967
11 years$35,288$31,557$28,177$25,125$22,376$13,870
12 years$32,017$28,324$25,006$22,038$19,391$11,410
13 years$29,251$25,596$22,341$19,456$16,909$9,434
14 years$26,882$23,266$20,074$17,271$14,822$7,832
15 years$24,831$21,254$18,124$15,403$13,051$6,524
16 years$23,038$19,500$16,432$13,791$11,534$5,449
17 years$21,458$17,959$14,953$12,391$10,227$4,561
18 years$20,054$16,595$13,650$11,167$9,093$3,826
19 years$18,800$15,380$12,496$10,090$8,105$3,213
20 years$17,673$14,292$11,468$9,139$7,240$2,702
21 years$16,655$13,312$10,548$8,294$6,479$2,275
22 years$15,730$12,427$9,722$7,541$5,807$1,917
23 years$14,887$11,622$8,976$6,868$5,213$1,617
24 years$14,115$10,889$8,302$6,264$4,686$1,365
25 years$13,406$10,219$7,689$5,721$4,216$1,152
26 years$12,753$9,604$7,131$5,231$3,798$973
27 years$12,149$9,039$6,622$4,788$3,424$822
28 years$11,590$8,517$6,156$4,387$3,090$695
29 years$11,070$8,035$5,729$4,023$2,790$588
30 years$10,585$7,588$5,336$3,692$2,521$497
31 years$10,133$7,173$4,975$3,391$2,279$420
32 years$9,709$6,787$4,641$3,116$2,062$356
33 years$9,312$6,428$4,334$2,865$1,866$301
34 years$8,940$6,092$4,049$2,636$1,689$255
35 years$8,589$5,778$3,786$2,427$1,530$215
36 years$8,259$5,484$3,541$2,235$1,386$182
37 years$7,947$5,209$3,315$2,059$1,256$154
38 years$7,652$4,950$3,104$1,898$1,139$131
39 years$7,373$4,707$2,908$1,750$1,033$111
40 years$7,109$4,479$2,726$1,614$937$94
41 years$6,859$4,263$2,556$1,489$850$79
42 years$6,620$4,060$2,398$1,375$771$67
43 years$6,394$3,869$2,250$1,269$700$57
44 years$6,178$3,688$2,112$1,172$635$48
45 years$5,973$3,516$1,983$1,082$577$41
46 years$5,777$3,354$1,862$999$524$34
47 years$5,590$3,201$1,750$923$476$29
48 years$5,411$3,056$1,644$853$432$25
49 years$5,241$2,918$1,545$789$392$21
50 years$5,077$2,788$1,453$729$356$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $5,200,000, adding $4,030 every year, while hoping to spend $59,093 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: 72/9/19 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,734,557$5,458,957$5,378,357$6,121,178
56$6,256,607$5,663,571$5,495,657$6,583,390
57$6,829,926$5,876,231$5,614,907$7,081,945
58$7,459,681$6,097,269$5,736,108$7,626,457
59$8,151,563$6,327,030$5,859,263$8,221,476
60$8,911,843$6,565,875$5,984,369$8,872,012
61$9,747,430$6,814,182$6,111,424$9,583,581
62$10,665,934$7,072,343$6,240,423$10,362,257
63$11,675,740$7,340,768$6,371,358$11,214,732
64$12,786,085$7,619,886$6,504,218$12,148,372
65$14,007,148$7,910,142$6,638,991$13,171,293
66$15,350,140$8,212,002$6,775,661$14,292,433
67$16,827,417$8,525,953$6,914,208$15,521,637
68$18,452,590$8,852,501$7,054,611$16,869,749
69$20,240,658$9,192,177$7,196,843$18,348,713
70$22,208,144$9,545,533$7,340,877$19,971,689
71$24,373,257$9,913,146$7,486,678$21,753,170
72$26,756,057$10,295,618$7,634,210$23,709,124
73$29,378,650$10,693,578$7,783,431$25,857,141
74$32,265,391$11,107,683$7,934,295$28,216,600
75$35,443,120$11,538,618$8,086,752$30,808,850
76$38,941,406$11,987,098$8,240,747$33,657,411
77$42,792,834$12,453,871$8,396,217$36,788,195
78$47,033,310$12,939,717$8,553,097$40,229,753
79$51,702,396$13,445,452$8,711,313$44,013,537
80$56,843,686$13,971,925$8,870,789$48,174,203
81$62,505,220$14,520,027$9,031,437$52,749,933
82$68,739,929$15,090,685$9,193,167$57,782,796
83$75,606,142$15,684,869$9,355,879$63,319,146
84$83,168,134$16,303,593$9,519,466$69,410,054
85$91,496,729$16,947,914$9,683,813$76,111,795
86$100,669,972$17,618,938$9,848,798$83,486,371
87$110,773,864$18,317,821$10,014,288$91,602,104
88$121,903,173$19,045,770$10,180,141$100,534,273
89$134,162,328$19,804,044$10,346,208$110,365,826
90$147,666,406$20,593,963$10,512,326$121,188,161
91$162,542,215$21,416,902$10,678,324$133,101,992
92$178,929,492$22,274,301$10,844,019$146,218,290
93$196,982,222$23,167,664$11,009,216$160,659,339
94$216,870,091$24,098,562$11,173,707$176,559,882
95$238,780,087$25,068,638$11,337,273$194,068,395
96$262,918,264$26,079,609$11,499,679$213,348,485
97$289,511,687$27,133,270$11,660,679$234,580,438
98$318,810,575$28,231,497$11,820,008$257,962,914
99$351,090,664$29,376,251$11,977,389$283,714,821
100$386,655,807$30,569,582$12,132,526$312,077,387