Can I retire at age 55 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%14.9%
1 years$429,411$425,586$421,854$418,212$414,655$406,283
2 years$212,580$208,621$204,784$201,063$197,455$189,057
3 years$140,312$136,336$132,509$128,823$125,274$117,111
4 years$104,185$100,221$96,432$92,810$89,346$81,483
5 years$82,515$78,575$74,835$71,287$67,919$60,378
6 years$68,073$64,162$60,478$57,009$53,742$46,530
7 years$57,761$53,883$50,258$46,870$43,707$36,825
8 years$50,031$46,188$42,622$39,318$36,259$29,707
9 years$44,021$40,215$36,711$33,490$30,535$24,307
10 years$39,217$35,447$32,005$28,869$26,018$20,108
11 years$35,288$31,557$28,177$25,125$22,376$16,778
12 years$32,017$28,324$25,006$22,038$19,391$14,096
13 years$29,251$25,596$22,341$19,456$16,909$11,908
14 years$26,882$23,266$20,074$17,271$14,822$10,106
15 years$24,831$21,254$18,124$15,403$13,051$8,609
16 years$23,038$19,500$16,432$13,791$11,534$7,357
17 years$21,458$17,959$14,953$12,391$10,227$6,304
18 years$20,054$16,595$13,650$11,167$9,093$5,413
19 years$18,800$15,380$12,496$10,090$8,105$4,657
20 years$17,673$14,292$11,468$9,139$7,240$4,013
21 years$16,655$13,312$10,548$8,294$6,479$3,463
22 years$15,730$12,427$9,722$7,541$5,807$2,992
23 years$14,887$11,622$8,976$6,868$5,213$2,587
24 years$14,115$10,889$8,302$6,264$4,686$2,239
25 years$13,406$10,219$7,689$5,721$4,216$1,940
26 years$12,753$9,604$7,131$5,231$3,798$1,681
27 years$12,149$9,039$6,622$4,788$3,424$1,458
28 years$11,590$8,517$6,156$4,387$3,090$1,265
29 years$11,070$8,035$5,729$4,023$2,790$1,098
30 years$10,585$7,588$5,336$3,692$2,521$953
31 years$10,133$7,173$4,975$3,391$2,279$828
32 years$9,709$6,787$4,641$3,116$2,062$719
33 years$9,312$6,428$4,334$2,865$1,866$625
34 years$8,940$6,092$4,049$2,636$1,689$543
35 years$8,589$5,778$3,786$2,427$1,530$472
36 years$8,259$5,484$3,541$2,235$1,386$411
37 years$7,947$5,209$3,315$2,059$1,256$357
38 years$7,652$4,950$3,104$1,898$1,139$311
39 years$7,373$4,707$2,908$1,750$1,033$270
40 years$7,109$4,479$2,726$1,614$937$235
41 years$6,859$4,263$2,556$1,489$850$204
42 years$6,620$4,060$2,398$1,375$771$178
43 years$6,394$3,869$2,250$1,269$700$155
44 years$6,178$3,688$2,112$1,172$635$135
45 years$5,973$3,516$1,983$1,082$577$117
46 years$5,777$3,354$1,862$999$524$102
47 years$5,590$3,201$1,750$923$476$89
48 years$5,411$3,056$1,644$853$432$77
49 years$5,241$2,918$1,545$789$392$67
50 years$5,077$2,788$1,453$729$356$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $5,200,000, adding $6,846 every year, while hoping to spend $35,957 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: 62/31/7 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,737,462$5,461,862$5,381,262$6,084,943
56$6,284,425$5,691,235$5,523,276$6,547,175
57$6,885,973$5,930,642$5,668,843$7,046,658
58$7,547,636$6,180,538$5,818,043$7,590,890
59$8,275,507$6,441,396$5,970,959$8,184,195
60$9,076,297$6,713,713$6,127,675$8,831,327
61$9,957,404$6,998,009$6,288,276$9,537,513
62$10,926,977$7,294,829$6,452,851$10,308,507
63$11,993,994$7,604,742$6,621,487$11,150,633
64$13,168,350$7,928,342$6,794,276$12,070,853
65$14,460,945$8,266,255$6,971,308$13,076,824
66$15,883,793$8,619,132$7,152,677$14,176,973
67$17,450,127$8,987,657$7,338,480$15,380,570
68$19,174,532$9,372,545$7,528,811$16,697,821
69$21,073,079$9,774,544$7,723,770$18,139,955
70$23,163,473$10,194,436$7,923,457$19,719,333
71$25,465,227$10,633,044$8,127,972$21,449,560
72$27,999,841$11,091,224$8,337,420$23,345,613
73$30,791,006$11,569,875$8,551,905$25,423,978
74$33,864,829$12,069,939$8,771,534$27,702,806
75$37,250,075$12,592,400$8,996,414$30,202,080
76$40,978,444$13,138,288$9,226,655$32,943,801
77$45,084,865$13,708,685$9,462,368$35,952,193
78$49,607,830$14,304,719$9,703,667$39,253,931
79$54,589,754$14,927,575$9,950,664$42,878,389
80$60,077,374$15,578,492$10,203,476$46,857,910
81$66,122,194$16,258,766$10,462,221$51,228,116
82$72,780,970$16,969,757$10,727,017$56,028,233
83$80,116,241$17,712,888$10,997,985$61,301,463
84$88,196,926$18,489,647$11,275,246$67,095,388
85$97,098,969$19,301,596$11,558,923$73,462,412
86$106,906,058$20,150,369$11,849,140$80,460,255
87$117,710,414$21,037,675$12,146,025$88,152,491
88$129,613,662$21,965,307$12,449,703$96,609,148
89$142,727,791$22,935,142$12,760,303$105,907,359
90$157,176,207$23,949,146$13,077,955$116,132,090
91$173,094,902$25,009,376$13,402,788$127,376,935
92$190,633,736$26,117,989$13,734,936$139,744,995
93$209,957,850$27,277,244$14,074,529$153,349,846
94$231,249,228$28,489,506$14,421,703$168,316,605
95$254,708,409$29,757,252$14,776,590$184,783,105
96$280,556,388$31,083,078$15,139,327$202,901,192
97$309,036,694$32,469,703$15,510,048$222,838,149
98$340,417,693$33,919,975$15,888,891$244,778,271
99$374,995,120$35,436,876$16,275,991$268,924,597
100$413,094,872$37,023,532$16,671,487$295,500,817