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%17.8%
1 years$429,411$425,586$421,854$418,212$414,655$401,543
2 years$212,580$208,621$204,784$201,063$197,455$184,363
3 years$140,312$136,336$132,509$128,823$125,274$112,613
4 years$104,185$100,221$96,432$92,810$89,346$77,214
5 years$82,515$78,575$74,835$71,287$67,919$56,349
6 years$68,073$64,162$60,478$57,009$53,742$42,742
7 years$57,761$53,883$50,258$46,870$43,707$33,277
8 years$50,031$46,188$42,622$39,318$36,259$26,392
9 years$44,021$40,215$36,711$33,490$30,535$21,220
10 years$39,217$35,447$32,005$28,869$26,018$17,240
11 years$35,288$31,557$28,177$25,125$22,376$14,121
12 years$32,017$28,324$25,006$22,038$19,391$11,639
13 years$29,251$25,596$22,341$19,456$16,909$9,643
14 years$26,882$23,266$20,074$17,271$14,822$8,023
15 years$24,831$21,254$18,124$15,403$13,051$6,697
16 years$23,038$19,500$16,432$13,791$11,534$5,606
17 years$21,458$17,959$14,953$12,391$10,227$4,703
18 years$20,054$16,595$13,650$11,167$9,093$3,953
19 years$18,800$15,380$12,496$10,090$8,105$3,328
20 years$17,673$14,292$11,468$9,139$7,240$2,805
21 years$16,655$13,312$10,548$8,294$6,479$2,367
22 years$15,730$12,427$9,722$7,541$5,807$2,000
23 years$14,887$11,622$8,976$6,868$5,213$1,690
24 years$14,115$10,889$8,302$6,264$4,686$1,430
25 years$13,406$10,219$7,689$5,721$4,216$1,210
26 years$12,753$9,604$7,131$5,231$3,798$1,025
27 years$12,149$9,039$6,622$4,788$3,424$868
28 years$11,590$8,517$6,156$4,387$3,090$735
29 years$11,070$8,035$5,729$4,023$2,790$623
30 years$10,585$7,588$5,336$3,692$2,521$528
31 years$10,133$7,173$4,975$3,391$2,279$448
32 years$9,709$6,787$4,641$3,116$2,062$380
33 years$9,312$6,428$4,334$2,865$1,866$322
34 years$8,940$6,092$4,049$2,636$1,689$273
35 years$8,589$5,778$3,786$2,427$1,530$232
36 years$8,259$5,484$3,541$2,235$1,386$197
37 years$7,947$5,209$3,315$2,059$1,256$167
38 years$7,652$4,950$3,104$1,898$1,139$142
39 years$7,373$4,707$2,908$1,750$1,033$120
40 years$7,109$4,479$2,726$1,614$937$102
41 years$6,859$4,263$2,556$1,489$850$87
42 years$6,620$4,060$2,398$1,375$771$74
43 years$6,394$3,869$2,250$1,269$700$62
44 years$6,178$3,688$2,112$1,172$635$53
45 years$5,973$3,516$1,983$1,082$577$45
46 years$5,777$3,354$1,862$999$524$38
47 years$5,590$3,201$1,750$923$476$32
48 years$5,411$3,056$1,644$853$432$28
49 years$5,241$2,918$1,545$789$392$23
50 years$5,077$2,788$1,453$729$356$20

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 $2,478 every year, while hoping to spend $20,847 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: 48/45/7 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,732,956$5,457,356$5,376,756$5,997,443
56$6,295,537$5,702,585$5,534,696$6,424,027
57$6,914,802$5,959,132$5,697,229$6,884,506
58$7,596,511$6,227,529$5,864,486$7,383,953
59$8,347,011$6,508,334$6,036,602$7,925,998
60$9,173,295$6,802,132$6,213,717$8,514,626
61$10,083,070$7,109,535$6,395,975$9,154,213
62$11,084,825$7,431,185$6,583,523$9,849,565
63$12,187,918$7,767,753$6,776,512$10,605,958
64$13,402,659$8,119,946$6,975,098$11,429,190
65$14,740,407$8,488,501$7,179,441$12,325,630
66$16,213,682$8,874,191$7,389,705$13,302,278
67$17,836,279$9,277,827$7,606,061$14,366,825
68$19,623,397$9,700,258$7,828,682$15,527,726
69$21,591,788$10,142,375$8,057,747$16,794,273
70$23,759,909$10,605,110$8,293,441$18,176,684
71$26,148,100$11,089,441$8,535,951$19,686,193
72$28,778,773$11,596,391$8,785,473$21,335,154
73$31,676,628$12,127,034$9,042,206$23,137,150
74$34,868,880$12,682,494$9,306,356$25,107,126
75$38,385,521$13,263,952$9,578,134$27,261,516
76$42,259,599$13,872,641$9,857,757$29,618,402
77$46,527,534$14,509,856$10,145,448$32,197,675
78$51,229,459$15,176,955$10,441,436$35,021,221
79$56,409,598$15,875,360$10,745,958$38,113,121
80$62,116,685$16,606,560$11,059,256$41,499,875
81$68,404,423$17,372,119$11,381,578$45,210,646
82$75,331,995$18,173,673$11,713,181$49,277,528
83$82,964,613$19,012,938$12,054,327$53,735,848
84$91,374,144$19,891,712$12,405,288$58,624,488
85$100,639,783$20,811,882$12,766,341$63,986,249
86$110,848,799$21,775,423$13,137,771$69,868,247
87$122,097,363$22,784,405$13,519,873$76,322,350
88$134,491,453$23,841,000$13,912,948$83,405,665
89$148,147,856$24,947,483$14,317,306$91,181,063
90$163,195,267$26,106,240$14,733,266$99,717,767
91$179,775,508$27,319,770$15,161,154$109,092,001
92$198,044,866$28,590,694$15,601,309$119,387,695
93$218,175,563$29,921,759$16,054,074$130,697,270
94$240,357,391$31,315,846$16,519,806$143,122,503
95$264,799,495$32,775,972$16,998,869$156,775,475
96$291,732,351$34,305,302$17,491,639$171,779,621
97$321,409,943$35,907,154$17,998,501$188,270,880
98$354,112,157$37,585,005$18,519,851$206,398,972
99$390,147,427$39,342,500$19,056,095$226,328,797
100$429,855,643$41,183,460$19,607,653$248,241,978