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%12.9%
1 years$429,411$425,586$421,854$418,212$414,655$409,644
2 years$212,580$208,621$204,784$201,063$197,455$192,411
3 years$140,312$136,336$132,509$128,823$125,274$120,355
4 years$104,185$100,221$96,432$92,810$89,346$84,590
5 years$82,515$78,575$74,835$71,287$67,919$63,340
6 years$68,073$64,162$60,478$57,009$53,742$49,344
7 years$57,761$53,883$50,258$46,870$43,707$39,493
8 years$50,031$46,188$42,622$39,318$36,259$32,228
9 years$44,021$40,215$36,711$33,490$30,535$26,686
10 years$39,217$35,447$32,005$28,869$26,018$22,348
11 years$35,288$31,557$28,177$25,125$22,376$18,882
12 years$32,017$28,324$25,006$22,038$19,391$16,068
13 years$29,251$25,596$22,341$19,456$16,909$13,754
14 years$26,882$23,266$20,074$17,271$14,822$11,831
15 years$24,831$21,254$18,124$15,403$13,051$10,218
16 years$23,038$19,500$16,432$13,791$11,534$8,855
17 years$21,458$17,959$14,953$12,391$10,227$7,696
18 years$20,054$16,595$13,650$11,167$9,093$6,705
19 years$18,800$15,380$12,496$10,090$8,105$5,854
20 years$17,673$14,292$11,468$9,139$7,240$5,120
21 years$16,655$13,312$10,548$8,294$6,479$4,485
22 years$15,730$12,427$9,722$7,541$5,807$3,935
23 years$14,887$11,622$8,976$6,868$5,213$3,456
24 years$14,115$10,889$8,302$6,264$4,686$3,038
25 years$13,406$10,219$7,689$5,721$4,216$2,674
26 years$12,753$9,604$7,131$5,231$3,798$2,354
27 years$12,149$9,039$6,622$4,788$3,424$2,075
28 years$11,590$8,517$6,156$4,387$3,090$1,830
29 years$11,070$8,035$5,729$4,023$2,790$1,614
30 years$10,585$7,588$5,336$3,692$2,521$1,425
31 years$10,133$7,173$4,975$3,391$2,279$1,258
32 years$9,709$6,787$4,641$3,116$2,062$1,111
33 years$9,312$6,428$4,334$2,865$1,866$982
34 years$8,940$6,092$4,049$2,636$1,689$868
35 years$8,589$5,778$3,786$2,427$1,530$767
36 years$8,259$5,484$3,541$2,235$1,386$679
37 years$7,947$5,209$3,315$2,059$1,256$600
38 years$7,652$4,950$3,104$1,898$1,139$531
39 years$7,373$4,707$2,908$1,750$1,033$470
40 years$7,109$4,479$2,726$1,614$937$416
41 years$6,859$4,263$2,556$1,489$850$368
42 years$6,620$4,060$2,398$1,375$771$325
43 years$6,394$3,869$2,250$1,269$700$288
44 years$6,178$3,688$2,112$1,172$635$255
45 years$5,973$3,516$1,983$1,082$577$226
46 years$5,777$3,354$1,862$999$524$200
47 years$5,590$3,201$1,750$923$476$177
48 years$5,411$3,056$1,644$853$432$157
49 years$5,241$2,918$1,545$789$392$139
50 years$5,077$2,788$1,453$729$356$123

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 $6,021 every year, while hoping to spend $31,886 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: 44/29/27 Blend
59$5,200,000$5,200,000$5,200,000$5,200,000
60$5,736,611$5,461,011$5,380,411$5,943,815
61$6,287,818$5,694,674$5,526,728$6,325,732
62$6,894,181$5,938,718$5,676,878$6,735,957
63$7,561,290$6,193,617$5,830,956$7,180,037
64$8,295,307$6,459,870$5,989,059$7,661,139
65$9,103,021$6,737,996$6,151,285$8,182,741
66$9,991,911$7,028,541$6,317,735$8,748,662
67$10,970,221$7,332,074$6,488,514$9,363,103
68$12,047,031$7,649,193$6,663,727$10,030,677
69$13,232,348$7,980,523$6,843,482$10,756,458
70$14,537,198$8,326,719$7,027,888$11,546,021
71$15,973,729$8,688,466$7,217,060$12,405,497
72$17,555,330$9,066,480$7,411,111$13,341,627
73$19,296,750$9,461,515$7,610,161$14,361,827
74$21,214,245$9,874,355$7,814,327$15,474,249
75$23,325,725$10,305,826$8,023,734$16,687,864
76$25,650,926$10,756,788$8,238,507$18,012,539
77$28,211,596$11,228,147$8,458,772$19,459,128
78$31,031,699$11,720,846$8,684,661$21,039,576
79$34,137,642$12,235,877$8,916,307$22,767,027
80$37,558,523$12,774,277$9,153,845$24,655,941
81$41,326,408$13,337,132$9,397,414$26,722,237
82$45,476,630$13,925,579$9,647,156$28,983,433
83$50,048,125$14,540,811$9,903,214$31,458,811
84$55,083,798$15,184,075$10,165,736$34,169,595
85$60,630,928$15,856,678$10,434,871$37,139,149
86$66,741,617$16,559,989$10,710,773$40,393,196
87$73,473,275$17,295,442$10,993,597$43,960,053
88$80,889,168$18,064,538$11,283,502$47,870,898
89$89,059,014$18,868,851$11,580,650$52,160,059
90$98,059,637$19,710,028$11,885,206$56,865,334
91$107,975,697$20,589,797$12,197,337$62,028,345
92$118,900,486$21,509,964$12,517,215$67,694,925
93$130,936,807$22,472,424$12,845,013$73,915,548
94$144,197,950$23,479,161$13,180,910$80,745,798
95$158,808,756$24,532,255$13,525,086$88,246,890
96$174,906,796$25,633,883$13,877,723$96,486,245
97$192,643,673$26,786,326$14,239,010$105,538,117
98$212,186,446$27,991,976$14,609,136$115,484,292
99$233,719,216$29,253,335$14,988,294$126,414,851
100$257,444,856$30,573,028$15,376,682$138,429,017