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%16.4%
1 years$429,411$425,586$421,854$418,212$414,655$403,812
2 years$212,580$208,621$204,784$201,063$197,455$186,604
3 years$140,312$136,336$132,509$128,823$125,274$114,755
4 years$104,185$100,221$96,432$92,810$89,346$79,241
5 years$82,515$78,575$74,835$71,287$67,919$58,256
6 years$68,073$64,162$60,478$57,009$53,742$44,529
7 years$57,761$53,883$50,258$46,870$43,707$34,945
8 years$50,031$46,188$42,622$39,318$36,259$27,944
9 years$44,021$40,215$36,711$33,490$30,535$22,659
10 years$39,217$35,447$32,005$28,869$26,018$18,572
11 years$35,288$31,557$28,177$25,125$22,376$15,349
12 years$32,017$28,324$25,006$22,038$19,391$12,769
13 years$29,251$25,596$22,341$19,456$16,909$10,680
14 years$26,882$23,266$20,074$17,271$14,822$8,971
15 years$24,831$21,254$18,124$15,403$13,051$7,563
16 years$23,038$19,500$16,432$13,791$11,534$6,395
17 years$21,458$17,959$14,953$12,391$10,227$5,420
18 years$20,054$16,595$13,650$11,167$9,093$4,603
19 years$18,800$15,380$12,496$10,090$8,105$3,916
20 years$17,673$14,292$11,468$9,139$7,240$3,337
21 years$16,655$13,312$10,548$8,294$6,479$2,846
22 years$15,730$12,427$9,722$7,541$5,807$2,431
23 years$14,887$11,622$8,976$6,868$5,213$2,077
24 years$14,115$10,889$8,302$6,264$4,686$1,777
25 years$13,406$10,219$7,689$5,721$4,216$1,521
26 years$12,753$9,604$7,131$5,231$3,798$1,302
27 years$12,149$9,039$6,622$4,788$3,424$1,116
28 years$11,590$8,517$6,156$4,387$3,090$956
29 years$11,070$8,035$5,729$4,023$2,790$820
30 years$10,585$7,588$5,336$3,692$2,521$703
31 years$10,133$7,173$4,975$3,391$2,279$603
32 years$9,709$6,787$4,641$3,116$2,062$517
33 years$9,312$6,428$4,334$2,865$1,866$444
34 years$8,940$6,092$4,049$2,636$1,689$381
35 years$8,589$5,778$3,786$2,427$1,530$327
36 years$8,259$5,484$3,541$2,235$1,386$281
37 years$7,947$5,209$3,315$2,059$1,256$241
38 years$7,652$4,950$3,104$1,898$1,139$207
39 years$7,373$4,707$2,908$1,750$1,033$178
40 years$7,109$4,479$2,726$1,614$937$153
41 years$6,859$4,263$2,556$1,489$850$131
42 years$6,620$4,060$2,398$1,375$771$113
43 years$6,394$3,869$2,250$1,269$700$97
44 years$6,178$3,688$2,112$1,172$635$83
45 years$5,973$3,516$1,983$1,082$577$71
46 years$5,777$3,354$1,862$999$524$61
47 years$5,590$3,201$1,750$923$476$53
48 years$5,411$3,056$1,644$853$432$45
49 years$5,241$2,918$1,545$789$392$39
50 years$5,077$2,788$1,453$729$356$33

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 $2,797 every year, while hoping to spend $53,280 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: 73/16/11 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,733,285$5,457,685$5,377,085$6,139,262
56$6,261,391$5,668,422$5,500,528$6,618,628
57$6,841,577$5,887,700$5,626,320$7,136,623
58$7,479,101$6,115,880$5,754,485$7,702,512
59$8,179,752$6,353,341$5,885,043$8,321,019
60$8,949,910$6,600,477$6,018,015$8,997,345
61$9,796,602$6,857,702$6,153,420$9,737,215
62$10,727,572$7,125,446$6,291,276$10,546,932
63$11,751,349$7,404,158$6,431,598$11,433,437
64$12,877,333$7,694,308$6,574,403$12,404,370
65$14,115,879$7,996,387$6,719,704$13,468,147
66$15,478,396$8,310,907$6,867,511$14,634,033
67$16,977,454$8,638,404$7,017,835$15,912,232
68$18,626,905$8,979,436$7,170,683$17,313,980
69$20,442,009$9,334,588$7,326,060$18,851,654
70$22,439,581$9,704,470$7,483,971$20,538,884
71$24,638,149$10,089,719$7,644,414$22,390,681
72$27,058,127$10,491,003$7,807,389$24,423,580
73$29,722,010$10,909,016$7,972,890$26,655,794
74$32,654,584$11,344,486$8,140,911$29,107,383
75$35,883,159$11,798,173$8,311,439$31,800,444
76$39,437,830$12,270,873$8,484,461$34,759,320
77$43,351,757$12,763,414$8,659,958$38,010,822
78$47,661,479$13,276,664$8,837,910$41,584,490
79$52,407,260$13,811,531$9,018,290$45,512,864
80$57,633,467$14,368,962$9,201,069$49,831,790
81$63,388,987$14,949,948$9,386,212$54,580,759
82$69,727,693$15,555,525$9,573,680$59,803,281
83$76,708,948$16,186,775$9,763,428$65,547,285
84$84,398,165$16,844,832$9,955,407$71,865,581
85$92,867,427$17,530,877$10,149,562$78,816,348
86$102,196,164$18,246,150$10,345,832$86,463,685
87$112,471,904$18,991,943$10,544,149$94,878,216
88$123,791,099$19,769,609$10,744,439$104,137,751
89$136,260,035$20,580,563$10,946,621$114,328,021
90$149,995,833$21,426,285$11,150,607$125,543,484
91$165,127,556$22,308,321$11,356,300$137,888,216
92$181,797,427$23,228,290$11,563,597$151,476,890
93$200,162,172$24,187,883$11,772,385$166,435,855
94$220,394,495$25,188,871$11,982,541$182,904,331
95$242,684,712$26,233,104$12,193,935$201,035,714
96$267,242,545$27,322,519$12,406,424$220,999,028
97$294,299,104$28,459,141$12,619,858$242,980,512
98$324,109,062$29,645,089$12,834,073$267,185,382
99$356,953,067$30,882,579$13,048,895$293,839,757
100$393,140,384$32,173,929$13,264,138$323,192,799