Can I retire at age 65 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%19.8%
1 years$429,411$425,586$421,854$418,212$414,655$398,361
2 years$212,580$208,621$204,784$201,063$197,455$181,238
3 years$140,312$136,336$132,509$128,823$125,274$109,644
4 years$104,185$100,221$96,432$92,810$89,346$74,424
5 years$82,515$78,575$74,835$71,287$67,919$53,743
6 years$68,073$64,162$60,478$57,009$53,742$40,320
7 years$57,761$53,883$50,258$46,870$43,707$31,034
8 years$50,031$46,188$42,622$39,318$36,259$24,323
9 years$44,021$40,215$36,711$33,490$30,535$19,318
10 years$39,217$35,447$32,005$28,869$26,018$15,498
11 years$35,288$31,557$28,177$25,125$22,376$12,530
12 years$32,017$28,324$25,006$22,038$19,391$10,191
13 years$29,251$25,596$22,341$19,456$16,909$8,329
14 years$26,882$23,266$20,074$17,271$14,822$6,833
15 years$24,831$21,254$18,124$15,403$13,051$5,623
16 years$23,038$19,500$16,432$13,791$11,534$4,639
17 years$21,458$17,959$14,953$12,391$10,227$3,835
18 years$20,054$16,595$13,650$11,167$9,093$3,176
19 years$18,800$15,380$12,496$10,090$8,105$2,633
20 years$17,673$14,292$11,468$9,139$7,240$2,186
21 years$16,655$13,312$10,548$8,294$6,479$1,817
22 years$15,730$12,427$9,722$7,541$5,807$1,511
23 years$14,887$11,622$8,976$6,868$5,213$1,257
24 years$14,115$10,889$8,302$6,264$4,686$1,046
25 years$13,406$10,219$7,689$5,721$4,216$872
26 years$12,753$9,604$7,131$5,231$3,798$726
27 years$12,149$9,039$6,622$4,788$3,424$605
28 years$11,590$8,517$6,156$4,387$3,090$505
29 years$11,070$8,035$5,729$4,023$2,790$421
30 years$10,585$7,588$5,336$3,692$2,521$351
31 years$10,133$7,173$4,975$3,391$2,279$293
32 years$9,709$6,787$4,641$3,116$2,062$244
33 years$9,312$6,428$4,334$2,865$1,866$204
34 years$8,940$6,092$4,049$2,636$1,689$170
35 years$8,589$5,778$3,786$2,427$1,530$142
36 years$8,259$5,484$3,541$2,235$1,386$118
37 years$7,947$5,209$3,315$2,059$1,256$99
38 years$7,652$4,950$3,104$1,898$1,139$82
39 years$7,373$4,707$2,908$1,750$1,033$69
40 years$7,109$4,479$2,726$1,614$937$57
41 years$6,859$4,263$2,556$1,489$850$48
42 years$6,620$4,060$2,398$1,375$771$40
43 years$6,394$3,869$2,250$1,269$700$33
44 years$6,178$3,688$2,112$1,172$635$28
45 years$5,973$3,516$1,983$1,082$577$23
46 years$5,777$3,354$1,862$999$524$19
47 years$5,590$3,201$1,750$923$476$16
48 years$5,411$3,056$1,644$853$432$14
49 years$5,241$2,918$1,545$789$392$11
50 years$5,077$2,788$1,453$729$356$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 65 starting with $5,200,000, adding $5,403 every year, while hoping to spend $26,387 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: 77/15/8 Blend
64$5,200,000$5,200,000$5,200,000$5,200,000
65$5,735,973$5,460,373$5,379,773$6,170,698
66$6,292,967$5,699,856$5,531,920$6,696,572
67$6,905,890$5,950,189$5,688,279$7,269,058
68$7,580,418$6,211,876$5,848,965$7,895,965
69$8,322,808$6,485,445$6,014,092$8,582,694
70$9,139,950$6,771,448$6,183,780$9,335,191
71$10,039,440$7,070,464$6,358,152$10,160,000
72$11,029,645$7,383,099$6,537,332$11,064,328
73$12,119,786$7,709,988$6,721,450$12,056,109
74$13,320,023$8,051,795$6,910,637$13,144,080
75$14,641,550$8,409,218$7,105,028$14,337,862
76$16,096,704$8,782,986$7,304,762$15,648,048
77$17,699,077$9,173,862$7,509,981$17,086,305
78$19,463,649$9,582,647$7,720,831$18,665,480
79$21,406,924$10,010,179$7,937,462$20,399,723
80$23,547,089$10,457,337$8,160,026$22,304,619
81$25,904,186$10,925,040$8,388,681$24,397,329
82$28,500,299$11,414,253$8,623,587$26,696,759
83$31,359,762$11,925,984$8,864,910$29,223,730
84$34,509,393$12,461,292$9,112,819$32,001,178
85$37,978,740$13,021,285$9,367,488$35,054,365
86$41,800,366$13,607,122$9,629,094$38,411,121
87$46,010,154$14,220,022$9,897,819$42,102,097
88$50,647,644$14,861,257$10,173,850$46,161,064
89$55,756,408$15,532,163$10,457,378$50,625,219
90$61,384,461$16,234,139$10,748,600$55,535,541
91$67,584,714$16,968,649$11,047,716$60,937,175
92$74,415,472$17,737,231$11,354,932$66,879,854
93$81,940,987$18,541,492$11,670,460$73,418,368
94$90,232,062$19,383,119$11,994,514$80,613,080
95$99,366,718$20,263,878$12,327,316$88,530,491
96$109,430,936$21,185,620$12,669,093$97,243,869
97$120,519,461$22,150,285$13,020,078$106,833,935
98$132,736,703$23,159,906$13,380,507$117,389,622
99$146,197,717$24,216,612$13,750,625$129,008,917
100$161,029,294$25,322,636$14,130,681$141,799,777