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%14.5%
1 years$429,411$425,586$421,854$418,212$414,655$406,949
2 years$212,580$208,621$204,784$201,063$197,455$189,720
3 years$140,312$136,336$132,509$128,823$125,274$117,751
4 years$104,185$100,221$96,432$92,810$89,346$82,093
5 years$82,515$78,575$74,835$71,287$67,919$60,958
6 years$68,073$64,162$60,478$57,009$53,742$47,079
7 years$57,761$53,883$50,258$46,870$43,707$37,344
8 years$50,031$46,188$42,622$39,318$36,259$30,195
9 years$44,021$40,215$36,711$33,490$30,535$24,766
10 years$39,217$35,447$32,005$28,869$26,018$20,538
11 years$35,288$31,557$28,177$25,125$22,376$17,180
12 years$32,017$28,324$25,006$22,038$19,391$14,471
13 years$29,251$25,596$22,341$19,456$16,909$12,258
14 years$26,882$23,266$20,074$17,271$14,822$10,431
15 years$24,831$21,254$18,124$15,403$13,051$8,911
16 years$23,038$19,500$16,432$13,791$11,534$7,636
17 years$21,458$17,959$14,953$12,391$10,227$6,562
18 years$20,054$16,595$13,650$11,167$9,093$5,651
19 years$18,800$15,380$12,496$10,090$8,105$4,876
20 years$17,673$14,292$11,468$9,139$7,240$4,215
21 years$16,655$13,312$10,548$8,294$6,479$3,648
22 years$15,730$12,427$9,722$7,541$5,807$3,161
23 years$14,887$11,622$8,976$6,868$5,213$2,742
24 years$14,115$10,889$8,302$6,264$4,686$2,381
25 years$13,406$10,219$7,689$5,721$4,216$2,069
26 years$12,753$9,604$7,131$5,231$3,798$1,799
27 years$12,149$9,039$6,622$4,788$3,424$1,565
28 years$11,590$8,517$6,156$4,387$3,090$1,362
29 years$11,070$8,035$5,729$4,023$2,790$1,186
30 years$10,585$7,588$5,336$3,692$2,521$1,033
31 years$10,133$7,173$4,975$3,391$2,279$901
32 years$9,709$6,787$4,641$3,116$2,062$785
33 years$9,312$6,428$4,334$2,865$1,866$684
34 years$8,940$6,092$4,049$2,636$1,689$597
35 years$8,589$5,778$3,786$2,427$1,530$521
36 years$8,259$5,484$3,541$2,235$1,386$454
37 years$7,947$5,209$3,315$2,059$1,256$396
38 years$7,652$4,950$3,104$1,898$1,139$346
39 years$7,373$4,707$2,908$1,750$1,033$302
40 years$7,109$4,479$2,726$1,614$937$263
41 years$6,859$4,263$2,556$1,489$850$230
42 years$6,620$4,060$2,398$1,375$771$201
43 years$6,394$3,869$2,250$1,269$700$175
44 years$6,178$3,688$2,112$1,172$635$153
45 years$5,973$3,516$1,983$1,082$577$134
46 years$5,777$3,354$1,862$999$524$117
47 years$5,590$3,201$1,750$923$476$102
48 years$5,411$3,056$1,644$853$432$89
49 years$5,241$2,918$1,545$789$392$78
50 years$5,077$2,788$1,453$729$356$68

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 $4,252 every year, while hoping to spend $54,569 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: 54/21/25 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,734,786$5,459,186$5,378,586$6,004,629
56$6,261,673$5,668,625$5,500,708$6,400,465
57$6,840,474$5,886,498$5,625,091$6,825,165
58$7,476,426$6,113,160$5,751,755$7,286,405
59$8,175,299$6,348,982$5,880,717$7,787,703
60$8,943,450$6,594,353$6,011,991$8,332,933
61$9,787,881$6,849,676$6,145,593$8,926,355
62$10,716,309$7,115,374$6,281,534$9,572,656
63$11,737,234$7,391,888$6,419,827$10,276,995
64$12,860,021$7,679,680$6,560,480$11,045,049
65$14,094,988$7,979,229$6,703,501$11,883,067
66$15,453,503$8,291,038$6,848,895$12,797,926
67$16,948,094$8,615,632$6,996,666$13,797,196
68$18,592,560$8,953,559$7,146,815$14,889,211
69$20,402,108$9,305,390$7,299,341$16,083,146
70$22,393,493$9,671,724$7,454,238$17,389,103
71$24,585,176$10,053,185$7,611,502$18,818,203
72$26,997,498$10,450,426$7,771,122$20,382,692
73$29,652,874$10,864,127$7,933,084$22,096,056
74$32,575,998$11,295,001$8,097,374$23,973,143
75$35,794,086$11,743,791$8,263,972$26,030,306
76$39,337,121$12,211,275$8,432,853$28,285,556
77$43,238,145$12,698,266$8,603,992$30,758,725
78$47,533,565$13,205,610$8,777,355$33,471,658
79$52,263,500$13,734,197$8,952,908$36,448,415
80$57,472,156$14,284,951$9,130,609$39,715,497
81$63,208,245$14,858,843$9,310,414$43,302,092
82$69,525,444$15,456,884$9,492,270$47,240,353
83$76,482,901$16,080,133$9,676,123$51,565,697
84$84,145,793$16,729,695$9,861,909$56,317,137
85$92,585,941$17,406,728$10,049,560$61,537,650
86$101,882,489$18,112,439$10,239,002$67,274,579
87$112,122,647$18,848,093$10,430,153$73,580,081
88$123,402,518$19,615,011$10,622,924$80,511,611
89$135,828,002$20,414,573$10,817,219$88,132,468
90$149,515,795$21,248,225$11,012,934$96,512,388
91$164,594,494$22,117,475$11,209,954$105,728,200
92$181,205,804$23,023,904$11,408,160$115,864,546
93$199,505,883$23,969,161$11,607,420$127,014,683
94$219,666,807$24,954,975$11,807,593$139,281,356
95$241,878,203$25,983,150$12,008,528$152,777,765
96$266,349,031$27,055,575$12,210,065$167,628,634
97$293,309,559$28,174,225$12,412,029$183,971,381
98$323,013,539$29,341,167$12,614,237$201,957,417
99$355,740,596$30,558,560$12,816,490$221,753,567
100$391,798,872$31,828,666$13,018,578$243,543,644