Can I retire at age 60 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%14.2%
1 years$429,411$425,586$421,854$418,212$414,655$407,451
2 years$212,580$208,621$204,784$201,063$197,455$190,220
3 years$140,312$136,336$132,509$128,823$125,274$118,233
4 years$104,185$100,221$96,432$92,810$89,346$82,555
5 years$82,515$78,575$74,835$71,287$67,919$61,397
6 years$68,073$64,162$60,478$57,009$53,742$47,495
7 years$57,761$53,883$50,258$46,870$43,707$37,738
8 years$50,031$46,188$42,622$39,318$36,259$30,566
9 years$44,021$40,215$36,711$33,490$30,535$25,116
10 years$39,217$35,447$32,005$28,869$26,018$20,866
11 years$35,288$31,557$28,177$25,125$22,376$17,488
12 years$32,017$28,324$25,006$22,038$19,391$14,758
13 years$29,251$25,596$22,341$19,456$16,909$12,526
14 years$26,882$23,266$20,074$17,271$14,822$10,681
15 years$24,831$21,254$18,124$15,403$13,051$9,143
16 years$23,038$19,500$16,432$13,791$11,534$7,852
17 years$21,458$17,959$14,953$12,391$10,227$6,761
18 years$20,054$16,595$13,650$11,167$9,093$5,836
19 years$18,800$15,380$12,496$10,090$8,105$5,047
20 years$17,673$14,292$11,468$9,139$7,240$4,372
21 years$16,655$13,312$10,548$8,294$6,479$3,793
22 years$15,730$12,427$9,722$7,541$5,807$3,294
23 years$14,887$11,622$8,976$6,868$5,213$2,864
24 years$14,115$10,889$8,302$6,264$4,686$2,493
25 years$13,406$10,219$7,689$5,721$4,216$2,171
26 years$12,753$9,604$7,131$5,231$3,798$1,892
27 years$12,149$9,039$6,622$4,788$3,424$1,650
28 years$11,590$8,517$6,156$4,387$3,090$1,440
29 years$11,070$8,035$5,729$4,023$2,790$1,257
30 years$10,585$7,588$5,336$3,692$2,521$1,098
31 years$10,133$7,173$4,975$3,391$2,279$959
32 years$9,709$6,787$4,641$3,116$2,062$838
33 years$9,312$6,428$4,334$2,865$1,866$733
34 years$8,940$6,092$4,049$2,636$1,689$640
35 years$8,589$5,778$3,786$2,427$1,530$560
36 years$8,259$5,484$3,541$2,235$1,386$490
37 years$7,947$5,209$3,315$2,059$1,256$428
38 years$7,652$4,950$3,104$1,898$1,139$375
39 years$7,373$4,707$2,908$1,750$1,033$328
40 years$7,109$4,479$2,726$1,614$937$287
41 years$6,859$4,263$2,556$1,489$850$251
42 years$6,620$4,060$2,398$1,375$771$220
43 years$6,394$3,869$2,250$1,269$700$192
44 years$6,178$3,688$2,112$1,172$635$168
45 years$5,973$3,516$1,983$1,082$577$147
46 years$5,777$3,354$1,862$999$524$129
47 years$5,590$3,201$1,750$923$476$113
48 years$5,411$3,056$1,644$853$432$99
49 years$5,241$2,918$1,545$789$392$87
50 years$5,077$2,788$1,453$729$356$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 60 starting with $5,200,000, adding $2,729 every year, while hoping to spend $24,218 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: 49/21/30 Blend
59$5,200,000$5,200,000$5,200,000$5,200,000
60$5,733,215$5,457,615$5,377,015$5,965,025
61$6,292,235$5,699,270$5,531,377$6,369,989
62$6,907,464$5,951,955$5,690,099$6,807,133
63$7,584,608$6,216,184$5,853,300$7,281,644
64$8,329,958$6,492,497$6,021,106$7,797,075
65$9,150,443$6,781,458$6,193,642$8,357,333
66$10,053,698$7,083,660$6,371,039$8,966,711
67$11,048,137$7,399,721$6,553,430$9,629,931
68$12,143,031$7,730,292$6,740,955$10,352,184
69$13,348,596$8,076,052$6,933,753$11,139,181
70$14,676,089$8,437,714$7,131,969$11,997,201
71$16,137,913$8,816,025$7,335,753$12,933,153
72$17,747,735$9,211,766$7,545,256$13,954,637
73$19,520,619$9,625,756$7,760,636$15,070,016
74$21,473,158$10,058,855$7,982,054$16,288,489
75$23,623,642$10,511,961$8,209,675$17,620,181
76$25,992,222$10,986,015$8,443,668$19,076,234
77$28,601,105$11,482,006$8,684,207$20,668,910
78$31,474,761$12,000,968$8,931,471$22,411,707
79$34,640,154$12,543,983$9,185,643$24,319,480
80$38,126,999$13,112,187$9,446,911$26,408,582
81$41,968,039$13,706,771$9,715,469$28,697,017
82$46,199,356$14,328,979$9,991,514$31,204,604
83$50,860,711$14,980,119$10,275,249$33,953,163
84$55,995,917$15,661,559$10,566,884$36,966,721
85$61,653,258$16,374,733$10,866,633$40,271,730
86$67,885,940$17,121,144$11,174,714$43,897,321
87$74,752,592$17,902,367$11,491,353$47,875,570
88$82,317,825$18,720,052$11,816,782$52,241,799
89$90,652,837$19,575,927$12,151,238$57,034,909
90$99,836,085$20,471,807$12,494,964$62,297,741
91$109,954,030$21,409,589$12,848,209$68,077,477
92$121,101,947$22,391,265$13,211,229$74,426,082
93$133,384,828$23,418,920$13,584,288$81,400,790
94$146,918,374$24,494,740$13,967,655$89,064,643
95$161,830,082$25,621,016$14,361,606$97,487,078
96$178,260,455$26,800,150$14,766,424$106,744,580
97$196,364,322$28,034,659$15,182,400$116,921,399
98$216,312,305$29,327,179$15,609,833$128,110,340
99$238,292,425$30,680,476$16,049,027$140,413,635
100$262,511,879$32,097,446$16,500,296$153,943,902