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%18.9%
1 years$429,411$425,586$421,854$418,212$414,655$399,784
2 years$212,580$208,621$204,784$201,063$197,455$182,633
3 years$140,312$136,336$132,509$128,823$125,274$110,967
4 years$104,185$100,221$96,432$92,810$89,346$75,665
5 years$82,515$78,575$74,835$71,287$67,919$54,898
6 years$68,073$64,162$60,478$57,009$53,742$41,392
7 years$57,761$53,883$50,258$46,870$43,707$32,024
8 years$50,031$46,188$42,622$39,318$36,259$25,233
9 years$44,021$40,215$36,711$33,490$30,535$20,152
10 years$39,217$35,447$32,005$28,869$26,018$16,260
11 years$35,288$31,557$28,177$25,125$22,376$13,223
12 years$32,017$28,324$25,006$22,038$19,391$10,820
13 years$29,251$25,596$22,341$19,456$16,909$8,898
14 years$26,882$23,266$20,074$17,271$14,822$7,346
15 years$24,831$21,254$18,124$15,403$13,051$6,084
16 years$23,038$19,500$16,432$13,791$11,534$5,052
17 years$21,458$17,959$14,953$12,391$10,227$4,204
18 years$20,054$16,595$13,650$11,167$9,093$3,505
19 years$18,800$15,380$12,496$10,090$8,105$2,926
20 years$17,673$14,292$11,468$9,139$7,240$2,446
21 years$16,655$13,312$10,548$8,294$6,479$2,047
22 years$15,730$12,427$9,722$7,541$5,807$1,714
23 years$14,887$11,622$8,976$6,868$5,213$1,436
24 years$14,115$10,889$8,302$6,264$4,686$1,204
25 years$13,406$10,219$7,689$5,721$4,216$1,010
26 years$12,753$9,604$7,131$5,231$3,798$848
27 years$12,149$9,039$6,622$4,788$3,424$712
28 years$11,590$8,517$6,156$4,387$3,090$598
29 years$11,070$8,035$5,729$4,023$2,790$502
30 years$10,585$7,588$5,336$3,692$2,521$422
31 years$10,133$7,173$4,975$3,391$2,279$355
32 years$9,709$6,787$4,641$3,116$2,062$298
33 years$9,312$6,428$4,334$2,865$1,866$250
34 years$8,940$6,092$4,049$2,636$1,689$211
35 years$8,589$5,778$3,786$2,427$1,530$177
36 years$8,259$5,484$3,541$2,235$1,386$149
37 years$7,947$5,209$3,315$2,059$1,256$125
38 years$7,652$4,950$3,104$1,898$1,139$105
39 years$7,373$4,707$2,908$1,750$1,033$88
40 years$7,109$4,479$2,726$1,614$937$74
41 years$6,859$4,263$2,556$1,489$850$63
42 years$6,620$4,060$2,398$1,375$771$53
43 years$6,394$3,869$2,250$1,269$700$44
44 years$6,178$3,688$2,112$1,172$635$37
45 years$5,973$3,516$1,983$1,082$577$31
46 years$5,777$3,354$1,862$999$524$26
47 years$5,590$3,201$1,750$923$476$22
48 years$5,411$3,056$1,644$853$432$19
49 years$5,241$2,918$1,545$789$392$16
50 years$5,077$2,788$1,453$729$356$13

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 $6,555 every year, while hoping to spend $59,387 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: 39/45/16 Blend
58$5,200,000$5,200,000$5,200,000$5,200,000
59$5,737,161$5,461,561$5,380,961$5,933,189
60$6,259,165$5,665,991$5,498,036$6,278,096
61$6,832,422$5,878,447$5,617,043$6,644,572
62$7,462,098$6,099,260$5,737,983$7,039,566
63$8,153,883$6,328,775$5,860,857$7,465,685
64$8,914,046$6,567,352$5,985,663$7,925,793
65$9,749,493$6,815,366$6,112,396$8,423,034
66$10,667,830$7,073,208$6,241,051$8,960,862
67$11,677,441$7,341,287$6,371,618$9,543,071
68$12,787,559$7,620,029$6,504,086$10,173,828
69$14,008,358$7,909,878$6,638,441$10,857,715
70$15,351,047$8,211,299$6,774,665$11,599,765
71$16,827,977$8,524,775$6,912,739$12,405,510
72$18,452,753$8,850,812$7,052,639$13,281,034
73$20,240,369$9,189,937$7,194,337$14,233,025
74$22,207,343$9,542,700$7,337,804$15,268,837
75$24,371,876$9,909,676$7,483,004$16,396,557
76$26,754,021$10,291,465$7,629,899$17,625,083
77$29,375,877$10,688,692$7,778,445$18,964,198
78$32,261,789$11,102,010$7,928,596$20,424,668
79$35,438,586$11,532,103$8,080,298$22,018,336
80$38,935,828$11,979,683$8,233,495$23,758,234
81$42,786,087$12,445,492$8,388,122$25,658,702
82$47,025,256$12,930,309$8,544,112$27,735,521
83$51,692,882$13,434,944$8,701,389$30,006,058
84$56,832,543$13,960,244$8,859,874$32,489,429
85$62,492,261$14,507,094$9,019,477$35,206,677
86$68,724,947$15,076,418$9,180,106$38,180,962
87$75,588,910$15,669,180$9,341,658$41,437,783
88$83,148,399$16,286,390$9,504,023$45,005,212
89$91,474,212$16,929,099$9,667,084$48,914,153
90$100,644,365$17,598,408$9,830,715$53,198,636
91$110,744,827$18,295,467$9,994,781$57,896,128
92$121,870,330$19,021,476$10,159,137$63,047,887
93$134,125,265$19,777,690$10,323,629$68,699,345
94$147,624,665$20,565,419$10,488,093$74,900,532
95$162,495,289$21,386,034$10,652,353$81,706,546
96$178,876,824$22,240,965$10,816,223$89,178,066
97$196,923,197$23,131,709$10,979,503$97,381,920
98$216,804,029$24,059,828$11,141,982$106,391,712
99$238,706,238$25,026,958$11,303,437$116,288,510
100$262,835,801$26,034,805$11,463,628$127,161,605