Can I retire at age 63 with 5,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.1%
1 years$429,411$425,586$421,854$418,212$414,655$401,061
2 years$212,580$208,621$204,784$201,063$197,455$183,889
3 years$140,312$136,336$132,509$128,823$125,274$112,161
4 years$104,185$100,221$96,432$92,810$89,346$76,788
5 years$82,515$78,575$74,835$71,287$67,919$55,949
6 years$68,073$64,162$60,478$57,009$53,742$42,369
7 years$57,761$53,883$50,258$46,870$43,707$32,930
8 years$50,031$46,188$42,622$39,318$36,259$26,071
9 years$44,021$40,215$36,711$33,490$30,535$20,924
10 years$39,217$35,447$32,005$28,869$26,018$16,967
11 years$35,288$31,557$28,177$25,125$22,376$13,870
12 years$32,017$28,324$25,006$22,038$19,391$11,410
13 years$29,251$25,596$22,341$19,456$16,909$9,434
14 years$26,882$23,266$20,074$17,271$14,822$7,832
15 years$24,831$21,254$18,124$15,403$13,051$6,524
16 years$23,038$19,500$16,432$13,791$11,534$5,449
17 years$21,458$17,959$14,953$12,391$10,227$4,561
18 years$20,054$16,595$13,650$11,167$9,093$3,826
19 years$18,800$15,380$12,496$10,090$8,105$3,213
20 years$17,673$14,292$11,468$9,139$7,240$2,702
21 years$16,655$13,312$10,548$8,294$6,479$2,275
22 years$15,730$12,427$9,722$7,541$5,807$1,917
23 years$14,887$11,622$8,976$6,868$5,213$1,617
24 years$14,115$10,889$8,302$6,264$4,686$1,365
25 years$13,406$10,219$7,689$5,721$4,216$1,152
26 years$12,753$9,604$7,131$5,231$3,798$973
27 years$12,149$9,039$6,622$4,788$3,424$822
28 years$11,590$8,517$6,156$4,387$3,090$695
29 years$11,070$8,035$5,729$4,023$2,790$588
30 years$10,585$7,588$5,336$3,692$2,521$497
31 years$10,133$7,173$4,975$3,391$2,279$420
32 years$9,709$6,787$4,641$3,116$2,062$356
33 years$9,312$6,428$4,334$2,865$1,866$301
34 years$8,940$6,092$4,049$2,636$1,689$255
35 years$8,589$5,778$3,786$2,427$1,530$215
36 years$8,259$5,484$3,541$2,235$1,386$182
37 years$7,947$5,209$3,315$2,059$1,256$154
38 years$7,652$4,950$3,104$1,898$1,139$131
39 years$7,373$4,707$2,908$1,750$1,033$111
40 years$7,109$4,479$2,726$1,614$937$94
41 years$6,859$4,263$2,556$1,489$850$79
42 years$6,620$4,060$2,398$1,375$771$67
43 years$6,394$3,869$2,250$1,269$700$57
44 years$6,178$3,688$2,112$1,172$635$48
45 years$5,973$3,516$1,983$1,082$577$41
46 years$5,777$3,354$1,862$999$524$34
47 years$5,590$3,201$1,750$923$476$29
48 years$5,411$3,056$1,644$853$432$25
49 years$5,241$2,918$1,545$789$392$21
50 years$5,077$2,788$1,453$729$356$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 63 starting with $5,200,000, adding $5,751 every year, while hoping to spend $43,465 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: 66/17/17 Blend
62$5,200,000$5,200,000$5,200,000$5,200,000
63$5,736,332$5,460,732$5,380,132$6,090,741
64$6,275,192$5,682,062$5,514,120$6,549,920
65$6,867,558$5,912,779$5,651,140$7,046,096
66$7,518,843$6,153,300$5,791,247$7,587,419
67$8,235,009$6,404,056$5,934,498$8,178,313
68$9,022,626$6,665,500$6,080,949$8,823,646
69$9,888,930$6,938,105$6,230,657$9,528,777
70$10,841,895$7,222,368$6,383,679$10,299,604
71$11,890,309$7,518,804$6,540,073$11,142,620
72$13,043,851$7,827,956$6,699,896$12,064,973
73$14,313,187$8,150,389$6,863,206$13,074,530
74$15,710,070$8,486,696$7,030,061$14,179,957
75$17,247,448$8,837,495$7,200,519$15,390,791
76$18,939,590$9,203,434$7,374,639$16,717,536
77$20,802,217$9,585,191$7,552,477$18,171,758
78$22,852,651$9,983,474$7,734,094$19,766,192
79$25,109,981$10,399,024$7,919,545$21,514,864
80$27,595,239$10,832,616$8,108,890$23,433,220
81$30,331,601$11,285,061$8,302,185$25,538,271
82$33,344,603$11,757,208$8,499,487$27,848,751
83$36,662,385$12,249,944$8,700,853$30,385,297
84$40,315,956$12,764,199$8,906,339$33,170,635
85$44,339,482$13,300,943$9,115,999$36,229,800
86$48,770,613$13,861,193$9,329,890$39,590,366
87$53,650,838$14,446,013$9,548,063$43,282,709
88$59,025,872$15,056,517$9,770,572$47,340,286
89$64,946,094$15,693,869$9,997,469$51,799,954
90$71,467,015$16,359,288$10,228,804$56,702,316
91$78,649,807$17,054,050$10,464,625$62,092,100
92$86,561,878$17,779,490$10,704,981$68,018,578
93$95,277,509$18,537,004$10,949,918$74,536,035
94$104,878,554$19,328,056$11,199,478$81,704,273
95$115,455,211$20,154,175$11,453,706$89,589,176
96$127,106,878$21,016,965$11,712,640$98,263,331
97$139,943,084$21,918,101$11,976,318$107,806,706
98$154,084,529$22,859,338$12,244,775$118,307,410
99$169,664,220$23,842,515$12,518,044$129,862,513
100$186,828,726$24,869,554$12,796,155$142,578,967