Can I retire at age 55 with 5,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.2%
1 years$429,411$425,586$421,854$418,212$414,655$400,901
2 years$212,580$208,621$204,784$201,063$197,455$183,731
3 years$140,312$136,336$132,509$128,823$125,274$112,011
4 years$104,185$100,221$96,432$92,810$89,346$76,646
5 years$82,515$78,575$74,835$71,287$67,919$55,816
6 years$68,073$64,162$60,478$57,009$53,742$42,246
7 years$57,761$53,883$50,258$46,870$43,707$32,815
8 years$50,031$46,188$42,622$39,318$36,259$25,965
9 years$44,021$40,215$36,711$33,490$30,535$20,826
10 years$39,217$35,447$32,005$28,869$26,018$16,877
11 years$35,288$31,557$28,177$25,125$22,376$13,787
12 years$32,017$28,324$25,006$22,038$19,391$11,335
13 years$29,251$25,596$22,341$19,456$16,909$9,365
14 years$26,882$23,266$20,074$17,271$14,822$7,770
15 years$24,831$21,254$18,124$15,403$13,051$6,467
16 years$23,038$19,500$16,432$13,791$11,534$5,398
17 years$21,458$17,959$14,953$12,391$10,227$4,515
18 years$20,054$16,595$13,650$11,167$9,093$3,784
19 years$18,800$15,380$12,496$10,090$8,105$3,176
20 years$17,673$14,292$11,468$9,139$7,240$2,669
21 years$16,655$13,312$10,548$8,294$6,479$2,245
22 years$15,730$12,427$9,722$7,541$5,807$1,891
23 years$14,887$11,622$8,976$6,868$5,213$1,593
24 years$14,115$10,889$8,302$6,264$4,686$1,343
25 years$13,406$10,219$7,689$5,721$4,216$1,133
26 years$12,753$9,604$7,131$5,231$3,798$957
27 years$12,149$9,039$6,622$4,788$3,424$808
28 years$11,590$8,517$6,156$4,387$3,090$682
29 years$11,070$8,035$5,729$4,023$2,790$576
30 years$10,585$7,588$5,336$3,692$2,521$487
31 years$10,133$7,173$4,975$3,391$2,279$412
32 years$9,709$6,787$4,641$3,116$2,062$348
33 years$9,312$6,428$4,334$2,865$1,866$294
34 years$8,940$6,092$4,049$2,636$1,689$249
35 years$8,589$5,778$3,786$2,427$1,530$210
36 years$8,259$5,484$3,541$2,235$1,386$178
37 years$7,947$5,209$3,315$2,059$1,256$150
38 years$7,652$4,950$3,104$1,898$1,139$127
39 years$7,373$4,707$2,908$1,750$1,033$108
40 years$7,109$4,479$2,726$1,614$937$91
41 years$6,859$4,263$2,556$1,489$850$77
42 years$6,620$4,060$2,398$1,375$771$65
43 years$6,394$3,869$2,250$1,269$700$55
44 years$6,178$3,688$2,112$1,172$635$47
45 years$5,973$3,516$1,983$1,082$577$39
46 years$5,777$3,354$1,862$999$524$33
47 years$5,590$3,201$1,750$923$476$28
48 years$5,411$3,056$1,644$853$432$24
49 years$5,241$2,918$1,545$789$392$20
50 years$5,077$2,788$1,453$729$356$17

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 $5,231 every year, while hoping to spend $50,270 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: 55/37/8 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,735,796$5,460,196$5,379,596$6,040,102
56$6,267,360$5,674,258$5,506,325$6,460,374
57$6,851,459$5,897,125$5,635,616$6,911,717
58$7,493,398$6,129,175$5,767,499$7,401,899
59$8,199,023$6,370,802$5,902,008$7,934,620
60$8,974,771$6,622,420$6,039,174$8,513,945
61$9,827,739$6,884,460$6,179,027$9,144,344
62$10,765,743$7,157,372$6,321,598$9,830,732
63$11,797,393$7,441,628$6,466,916$10,578,514
64$12,932,178$7,737,719$6,615,009$11,393,635
65$14,180,551$8,046,158$6,765,904$12,282,631
66$15,554,032$8,367,485$6,919,626$13,252,695
67$17,065,310$8,702,258$7,076,200$14,311,738
68$18,728,369$9,051,066$7,235,650$15,468,467
69$20,558,615$9,414,521$7,397,997$16,732,457
70$22,573,025$9,793,263$7,563,261$18,114,251
71$24,790,304$10,187,963$7,731,460$19,625,445
72$27,231,062$10,599,321$7,902,611$21,278,806
73$29,918,010$11,028,068$8,076,729$23,088,383
74$32,876,173$11,474,968$8,253,825$25,069,643
75$36,133,123$11,940,823$8,433,909$27,239,609
76$39,719,246$12,426,467$8,616,988$29,617,021
77$43,668,020$12,932,775$8,803,068$32,222,512
78$48,016,337$13,460,660$8,992,150$35,078,798
79$52,804,849$14,011,078$9,184,234$38,210,887
80$58,078,352$14,585,029$9,379,313$41,646,317
81$63,886,205$15,183,556$9,577,381$45,415,412
82$70,282,800$15,807,753$9,778,426$49,551,562
83$77,328,075$16,458,762$9,982,432$54,091,537
84$85,088,075$17,137,778$10,189,380$59,075,829
85$93,635,580$17,846,050$10,399,246$64,549,034
86$103,050,789$18,584,886$10,612,000$70,560,266
87$113,422,077$19,355,654$10,827,610$77,163,617
88$124,846,830$20,159,782$11,046,036$84,418,664
89$137,432,362$20,998,767$11,267,234$92,391,029
90$151,296,931$21,874,174$11,491,154$101,152,989
91$166,570,848$22,787,639$11,717,738$110,784,160
92$183,397,717$23,740,876$11,946,925$121,372,238
93$201,935,781$24,735,675$12,178,643$133,013,824
94$222,359,419$25,773,912$12,412,816$145,815,332
95$244,860,793$26,857,547$12,649,359$159,893,985
96$269,651,660$27,988,633$12,888,179$175,378,917
97$296,965,370$29,169,317$13,129,173$192,412,389
98$327,059,070$30,401,845$13,372,232$211,151,120
99$360,216,129$31,688,569$13,617,236$231,767,763
100$396,748,814$33,031,949$13,864,053$254,452,528