Can I retire at age 59 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%18.2%
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 59 starting with $5,200,000, adding $2,034 every year, while hoping to spend $35,427 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: 28/44/28 Blend
58$5,200,000$5,200,000$5,200,000$5,200,000
59$5,732,498$5,456,898$5,376,298$5,843,174
60$6,279,519$5,686,592$5,518,710$6,161,559
61$6,881,148$5,926,354$5,664,705$6,500,181
62$7,542,919$6,176,639$5,814,367$6,863,280
63$8,270,928$6,437,925$5,967,779$7,252,983
64$9,071,889$6,710,710$6,125,027$7,671,617
65$9,953,205$6,995,518$6,286,198$8,121,731
66$10,923,029$7,292,895$6,451,382$8,606,121
67$11,990,344$7,603,413$6,620,670$9,127,848
68$13,165,050$7,927,672$6,794,154$9,690,271
69$14,458,055$8,266,297$6,971,927$10,297,071
70$15,881,376$8,619,945$7,154,086$10,952,287
71$17,448,257$8,989,303$7,340,729$11,660,352
72$19,173,290$9,375,090$7,531,954$12,426,128
73$21,072,554$9,778,057$7,727,862$13,254,953
74$23,163,765$10,198,993$7,928,556$14,152,686
75$25,466,447$10,638,721$8,134,141$15,125,764
76$28,002,112$11,098,106$8,344,722$16,181,253
77$30,794,464$11,578,050$8,560,407$17,326,915
78$33,869,625$12,079,500$8,781,306$18,571,279
79$37,256,377$12,603,445$9,007,530$19,923,716
80$40,986,437$13,150,924$9,239,192$21,394,523
81$45,094,755$13,723,021$9,476,407$22,995,020
82$49,619,845$14,320,874$9,719,291$24,737,647
83$54,604,144$14,945,672$9,967,963$26,636,085
84$60,094,419$15,598,662$10,222,542$28,705,373
85$66,142,203$16,281,149$10,483,150$30,962,049
86$72,804,282$16,994,500$10,749,910$33,424,303
87$80,143,234$17,740,146$11,022,947$36,112,140
88$88,228,016$18,519,585$11,302,388$39,047,566
89$97,134,617$19,334,387$11,588,360$42,254,790
90$106,946,771$20,186,196$11,880,994$45,760,445
91$117,756,755$21,076,733$12,180,421$49,593,837
92$129,666,252$22,007,800$12,486,772$53,787,212
93$142,787,314$22,981,287$12,800,183$58,376,055
94$157,243,420$23,999,170$13,120,790$63,399,419
95$173,170,640$25,063,521$13,448,728$68,900,285
96$190,718,922$26,176,510$13,784,137$74,925,964
97$210,053,502$27,340,409$14,127,155$81,528,529
98$231,356,468$28,557,598$14,477,924$88,765,307
99$254,828,478$29,830,571$14,836,585$96,699,402
100$280,690,654$31,161,940$15,203,281$105,400,293