Can I retire at age 57 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%17.5%
1 years$429,411$425,586$421,854$418,212$414,655$402,026
2 years$212,580$208,621$204,784$201,063$197,455$184,840
3 years$140,312$136,336$132,509$128,823$125,274$113,068
4 years$104,185$100,221$96,432$92,810$89,346$77,643
5 years$82,515$78,575$74,835$71,287$67,919$56,751
6 years$68,073$64,162$60,478$57,009$53,742$43,119
7 years$57,761$53,883$50,258$46,870$43,707$33,627
8 years$50,031$46,188$42,622$39,318$36,259$26,717
9 years$44,021$40,215$36,711$33,490$30,535$21,521
10 years$39,217$35,447$32,005$28,869$26,018$17,517
11 years$35,288$31,557$28,177$25,125$22,376$14,375
12 years$32,017$28,324$25,006$22,038$19,391$11,873
13 years$29,251$25,596$22,341$19,456$16,909$9,857
14 years$26,882$23,266$20,074$17,271$14,822$8,217
15 years$24,831$21,254$18,124$15,403$13,051$6,874
16 years$23,038$19,500$16,432$13,791$11,534$5,766
17 years$21,458$17,959$14,953$12,391$10,227$4,848
18 years$20,054$16,595$13,650$11,167$9,093$4,084
19 years$18,800$15,380$12,496$10,090$8,105$3,446
20 years$17,673$14,292$11,468$9,139$7,240$2,912
21 years$16,655$13,312$10,548$8,294$6,479$2,463
22 years$15,730$12,427$9,722$7,541$5,807$2,085
23 years$14,887$11,622$8,976$6,868$5,213$1,767
24 years$14,115$10,889$8,302$6,264$4,686$1,498
25 years$13,406$10,219$7,689$5,721$4,216$1,271
26 years$12,753$9,604$7,131$5,231$3,798$1,079
27 years$12,149$9,039$6,622$4,788$3,424$916
28 years$11,590$8,517$6,156$4,387$3,090$778
29 years$11,070$8,035$5,729$4,023$2,790$661
30 years$10,585$7,588$5,336$3,692$2,521$562
31 years$10,133$7,173$4,975$3,391$2,279$478
32 years$9,709$6,787$4,641$3,116$2,062$406
33 years$9,312$6,428$4,334$2,865$1,866$345
34 years$8,940$6,092$4,049$2,636$1,689$294
35 years$8,589$5,778$3,786$2,427$1,530$250
36 years$8,259$5,484$3,541$2,235$1,386$212
37 years$7,947$5,209$3,315$2,059$1,256$181
38 years$7,652$4,950$3,104$1,898$1,139$154
39 years$7,373$4,707$2,908$1,750$1,033$131
40 years$7,109$4,479$2,726$1,614$937$111
41 years$6,859$4,263$2,556$1,489$850$95
42 years$6,620$4,060$2,398$1,375$771$81
43 years$6,394$3,869$2,250$1,269$700$69
44 years$6,178$3,688$2,112$1,172$635$58
45 years$5,973$3,516$1,983$1,082$577$50
46 years$5,777$3,354$1,862$999$524$42
47 years$5,590$3,201$1,750$923$476$36
48 years$5,411$3,056$1,644$853$432$31
49 years$5,241$2,918$1,545$789$392$26
50 years$5,077$2,788$1,453$729$356$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 57 starting with $5,200,000, adding $6,088 every year, while hoping to spend $23,745 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: 65/13/22 Blend
56$5,200,000$5,200,000$5,200,000$5,200,000
57$5,736,680$5,461,080$5,380,480$6,076,768
58$6,296,557$5,703,408$5,535,461$6,548,617
59$6,912,745$5,956,815$5,694,839$7,060,852
60$7,590,964$6,221,818$5,858,735$7,620,129
61$8,337,514$6,498,959$6,027,274$8,231,065
62$9,159,339$6,788,806$6,200,587$8,898,741
63$10,064,089$7,091,955$6,378,804$9,628,747
64$11,060,195$7,409,029$6,562,062$10,427,239
65$12,156,944$7,740,682$6,750,501$11,300,990
66$13,364,574$8,087,596$6,944,264$12,257,458
67$14,694,361$8,450,489$7,143,498$13,304,854
68$16,158,735$8,830,112$7,348,354$14,452,217
69$17,771,390$9,227,251$7,558,987$15,709,498
70$19,547,416$9,642,731$7,775,558$17,087,655
71$21,503,442$10,077,414$7,998,228$18,598,756
72$23,657,791$10,532,206$8,227,168$20,256,086
73$26,030,656$11,008,054$8,462,548$22,074,277
74$28,644,286$11,505,952$8,704,546$24,069,443
75$31,523,199$12,026,939$8,953,344$26,259,329
76$34,694,412$12,572,107$9,209,129$28,663,479
77$38,187,699$13,142,596$9,472,091$31,303,419
78$42,035,866$13,739,605$9,742,428$34,202,857
79$46,275,067$14,364,388$10,020,341$37,387,905
80$50,945,139$15,018,259$10,306,038$40,887,328
81$56,089,985$15,702,595$10,599,732$44,732,807
82$61,757,980$16,418,839$10,901,640$48,959,241
83$68,002,436$17,168,504$11,211,987$53,605,074
84$74,882,098$17,953,174$11,531,002$58,712,654
85$82,461,703$18,774,511$11,858,922$64,328,633
86$90,812,590$19,634,255$12,195,988$70,504,402
87$100,013,370$20,534,230$12,542,450$77,296,578
88$110,150,674$21,476,347$12,898,562$84,767,531
89$121,319,965$22,462,610$13,264,586$92,985,975
90$133,626,442$23,495,118$13,640,790$102,027,611
91$147,186,032$24,576,073$14,027,450$111,975,843
92$162,126,486$25,707,779$14,424,849$122,922,554
93$178,588,582$26,892,655$14,833,276$134,968,982
94$196,727,456$28,133,233$15,253,028$148,226,663
95$216,714,064$29,432,169$15,684,412$162,818,484
96$238,736,799$30,792,245$16,127,741$178,879,843
97$263,003,266$32,216,380$16,583,334$196,559,918
98$289,742,246$33,707,629$17,051,522$216,023,076
99$319,205,850$35,269,197$17,532,643$237,450,420
100$351,671,903$36,904,445$18,027,043$261,041,491