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%14.4%
1 years$429,411$425,586$421,854$418,212$414,655$407,116
2 years$212,580$208,621$204,784$201,063$197,455$189,886
3 years$140,312$136,336$132,509$128,823$125,274$117,911
4 years$104,185$100,221$96,432$92,810$89,346$82,247
5 years$82,515$78,575$74,835$71,287$67,919$61,104
6 years$68,073$64,162$60,478$57,009$53,742$47,217
7 years$57,761$53,883$50,258$46,870$43,707$37,475
8 years$50,031$46,188$42,622$39,318$36,259$30,318
9 years$44,021$40,215$36,711$33,490$30,535$24,882
10 years$39,217$35,447$32,005$28,869$26,018$20,647
11 years$35,288$31,557$28,177$25,125$22,376$17,282
12 years$32,017$28,324$25,006$22,038$19,391$14,566
13 years$29,251$25,596$22,341$19,456$16,909$12,347
14 years$26,882$23,266$20,074$17,271$14,822$10,514
15 years$24,831$21,254$18,124$15,403$13,051$8,987
16 years$23,038$19,500$16,432$13,791$11,534$7,707
17 years$21,458$17,959$14,953$12,391$10,227$6,628
18 years$20,054$16,595$13,650$11,167$9,093$5,712
19 years$18,800$15,380$12,496$10,090$8,105$4,933
20 years$17,673$14,292$11,468$9,139$7,240$4,266
21 years$16,655$13,312$10,548$8,294$6,479$3,696
22 years$15,730$12,427$9,722$7,541$5,807$3,205
23 years$14,887$11,622$8,976$6,868$5,213$2,782
24 years$14,115$10,889$8,302$6,264$4,686$2,418
25 years$13,406$10,219$7,689$5,721$4,216$2,102
26 years$12,753$9,604$7,131$5,231$3,798$1,830
27 years$12,149$9,039$6,622$4,788$3,424$1,593
28 years$11,590$8,517$6,156$4,387$3,090$1,388
29 years$11,070$8,035$5,729$4,023$2,790$1,209
30 years$10,585$7,588$5,336$3,692$2,521$1,054
31 years$10,133$7,173$4,975$3,391$2,279$920
32 years$9,709$6,787$4,641$3,116$2,062$802
33 years$9,312$6,428$4,334$2,865$1,866$700
34 years$8,940$6,092$4,049$2,636$1,689$611
35 years$8,589$5,778$3,786$2,427$1,530$533
36 years$8,259$5,484$3,541$2,235$1,386$466
37 years$7,947$5,209$3,315$2,059$1,256$407
38 years$7,652$4,950$3,104$1,898$1,139$355
39 years$7,373$4,707$2,908$1,750$1,033$310
40 years$7,109$4,479$2,726$1,614$937$271
41 years$6,859$4,263$2,556$1,489$850$237
42 years$6,620$4,060$2,398$1,375$771$207
43 years$6,394$3,869$2,250$1,269$700$181
44 years$6,178$3,688$2,112$1,172$635$158
45 years$5,973$3,516$1,983$1,082$577$138
46 years$5,777$3,354$1,862$999$524$121
47 years$5,590$3,201$1,750$923$476$105
48 years$5,411$3,056$1,644$853$432$92
49 years$5,241$2,918$1,545$789$392$81
50 years$5,077$2,788$1,453$729$356$70

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 $6,522 every year, while hoping to spend $45,960 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: 40/45/15 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,737,127$5,461,527$5,380,927$5,940,761
56$6,273,413$5,680,241$5,512,287$6,304,540
57$6,862,860$5,908,132$5,646,508$6,692,856
58$7,510,841$6,145,600$5,783,635$7,111,949
59$8,223,278$6,393,065$5,923,718$7,564,634
60$9,006,692$6,650,965$6,066,802$8,054,002
61$9,868,271$6,919,758$6,212,936$8,583,442
62$10,815,932$7,199,924$6,362,167$9,156,680
63$11,858,399$7,491,962$6,514,542$9,777,804
64$13,005,284$7,796,397$6,670,107$10,451,306
65$14,267,177$8,113,774$6,828,910$11,182,119
66$15,655,747$8,444,667$6,990,996$11,975,664
67$17,183,851$8,789,673$7,156,412$12,837,898
68$18,865,654$9,149,417$7,325,202$13,775,368
69$20,716,766$9,524,554$7,497,412$14,795,270
70$22,754,387$9,915,768$7,673,085$15,905,516
71$24,997,466$10,323,773$7,852,266$17,114,803
72$27,466,887$10,749,317$8,034,996$18,432,696
73$30,185,659$11,193,183$8,221,318$19,869,714
74$33,179,136$11,656,189$8,411,272$21,437,425
75$36,475,256$12,139,189$8,604,897$23,148,555
76$40,104,803$12,643,081$8,802,232$25,017,101
77$44,101,699$13,168,798$9,003,314$27,058,465
78$48,503,325$13,717,321$9,208,177$29,289,591
79$53,350,868$14,289,675$9,416,855$31,729,125
80$58,689,718$14,886,930$9,629,381$34,397,585
81$64,569,888$15,510,208$9,845,783$37,317,550
82$71,046,490$16,160,681$10,066,091$40,513,872
83$78,180,255$16,839,578$10,290,329$44,013,906
84$86,038,106$17,548,183$10,518,519$47,847,760
85$94,693,787$18,287,838$10,750,684$52,048,579
86$104,228,561$19,059,949$10,986,839$56,652,849
87$114,731,976$19,865,988$11,227,000$61,700,741
88$126,302,710$20,707,495$11,471,177$67,236,481
89$139,049,504$21,586,079$11,719,379$73,308,763
90$153,092,184$22,503,428$11,971,609$79,971,204
91$168,562,796$23,461,305$12,227,867$87,282,842
92$185,606,849$24,461,557$12,488,148$95,308,689
93$204,384,691$25,506,116$12,752,445$104,120,338
94$225,073,020$26,597,007$13,020,742$113,796,631
95$247,866,553$27,736,345$13,293,022$124,424,395
96$272,979,863$28,926,348$13,569,260$136,099,257
97$300,649,405$30,169,335$13,849,426$148,926,537
98$331,135,747$31,467,734$14,133,484$163,022,235
99$364,726,028$32,824,088$14,421,391$178,514,115
100$401,736,673$34,241,058$14,713,098$195,542,907