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%12%
1 years$429,411$425,586$421,854$418,212$414,655$411,181
2 years$212,580$208,621$204,784$201,063$197,455$193,953
3 years$140,312$136,336$132,509$128,823$125,274$121,853
4 years$104,185$100,221$96,432$92,810$89,346$86,033
5 years$82,515$78,575$74,835$71,287$67,919$64,724
6 years$68,073$64,162$60,478$57,009$53,742$50,668
7 years$57,761$53,883$50,258$46,870$43,707$40,755
8 years$50,031$46,188$42,622$39,318$36,259$33,430
9 years$44,021$40,215$36,711$33,490$30,535$27,828
10 years$39,217$35,447$32,005$28,869$26,018$23,431
11 years$35,288$31,557$28,177$25,125$22,376$19,907
12 years$32,017$28,324$25,006$22,038$19,391$17,038
13 years$29,251$25,596$22,341$19,456$16,909$14,670
14 years$26,882$23,266$20,074$17,271$14,822$12,694
15 years$24,831$21,254$18,124$15,403$13,051$11,030
16 years$23,038$19,500$16,432$13,791$11,534$9,618
17 years$21,458$17,959$14,953$12,391$10,227$8,411
18 years$20,054$16,595$13,650$11,167$9,093$7,375
19 years$18,800$15,380$12,496$10,090$8,105$6,481
20 years$17,673$14,292$11,468$9,139$7,240$5,707
21 years$16,655$13,312$10,548$8,294$6,479$5,033
22 years$15,730$12,427$9,722$7,541$5,807$4,445
23 years$14,887$11,622$8,976$6,868$5,213$3,931
24 years$14,115$10,889$8,302$6,264$4,686$3,480
25 years$13,406$10,219$7,689$5,721$4,216$3,084
26 years$12,753$9,604$7,131$5,231$3,798$2,735
27 years$12,149$9,039$6,622$4,788$3,424$2,428
28 years$11,590$8,517$6,156$4,387$3,090$2,156
29 years$11,070$8,035$5,729$4,023$2,790$1,916
30 years$10,585$7,588$5,336$3,692$2,521$1,704
31 years$10,133$7,173$4,975$3,391$2,279$1,516
32 years$9,709$6,787$4,641$3,116$2,062$1,349
33 years$9,312$6,428$4,334$2,865$1,866$1,201
34 years$8,940$6,092$4,049$2,636$1,689$1,069
35 years$8,589$5,778$3,786$2,427$1,530$953
36 years$8,259$5,484$3,541$2,235$1,386$849
37 years$7,947$5,209$3,315$2,059$1,256$756
38 years$7,652$4,950$3,104$1,898$1,139$674
39 years$7,373$4,707$2,908$1,750$1,033$601
40 years$7,109$4,479$2,726$1,614$937$536
41 years$6,859$4,263$2,556$1,489$850$478
42 years$6,620$4,060$2,398$1,375$771$426
43 years$6,394$3,869$2,250$1,269$700$380
44 years$6,178$3,688$2,112$1,172$635$339
45 years$5,973$3,516$1,983$1,082$577$303
46 years$5,777$3,354$1,862$999$524$270
47 years$5,590$3,201$1,750$923$476$241
48 years$5,411$3,056$1,644$853$432$215
49 years$5,241$2,918$1,545$789$392$192
50 years$5,077$2,788$1,453$729$356$171

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 $4,710 every year, while hoping to spend $20,775 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: 56/33/11 Blend
54$5,200,000$5,200,000$5,200,000$5,200,000
55$5,735,258$5,459,658$5,379,058$6,040,457
56$6,298,150$5,705,077$5,537,152$6,492,834
57$6,917,761$5,961,825$5,699,846$6,982,636
58$7,599,854$6,230,436$5,867,272$7,515,643
59$8,350,779$6,511,467$6,039,566$8,095,983
60$9,177,534$6,805,505$6,216,867$8,728,192
61$10,087,831$7,113,163$6,399,320$9,417,259
62$11,090,164$7,435,082$6,587,072$10,168,665
63$12,193,897$7,771,937$6,780,275$10,988,439
64$13,409,345$8,124,433$6,979,085$11,883,208
65$14,747,877$8,493,309$7,183,663$12,860,262
66$16,222,018$8,879,339$7,394,174$13,927,619
67$17,845,572$9,283,335$7,610,787$15,094,097
68$19,633,750$9,706,148$7,833,678$16,369,397
69$21,603,311$10,148,668$8,063,025$17,764,191
70$23,772,726$10,611,830$8,299,013$19,290,222
71$26,162,346$11,096,611$8,541,832$20,960,408
72$28,794,599$11,604,038$8,791,677$22,788,969
73$31,694,197$12,135,186$9,048,747$24,791,550
74$34,888,375$12,691,180$9,313,250$26,985,370
75$38,407,143$13,273,201$9,585,397$29,389,383
76$42,283,569$13,882,486$9,865,406$32,024,449
77$46,554,096$14,520,331$10,153,500$34,913,531
78$51,258,882$15,188,094$10,449,910$38,081,908
79$56,442,178$15,887,201$10,754,872$41,557,409
80$62,152,749$16,619,143$11,068,630$45,370,672
81$68,444,333$17,385,485$11,391,432$49,555,429
82$75,376,146$18,187,865$11,723,537$54,148,822
83$83,013,445$19,028,002$12,065,207$59,191,745
84$91,428,140$19,907,698$12,416,715$64,729,231
85$100,699,475$20,828,839$12,778,339$70,810,867
86$110,914,773$21,793,404$13,150,366$77,491,261
87$122,170,267$22,803,468$13,533,090$84,830,551
88$134,572,000$23,861,204$13,926,814$92,894,966
89$148,236,832$24,968,890$14,331,850$101,757,446
90$163,293,539$26,128,916$14,748,517$111,498,324
91$179,884,031$27,343,784$15,177,143$122,206,082
92$198,164,691$28,616,119$15,618,067$133,978,172
93$218,307,852$29,948,671$16,071,635$146,921,937
94$240,503,423$31,344,325$16,538,204$161,155,612
95$264,960,678$32,806,104$17,018,140$176,809,433
96$291,910,240$34,337,176$17,511,821$194,026,862
97$321,606,250$35,940,862$18,019,632$212,965,927
98$354,328,769$37,620,647$18,541,971$233,800,713
99$390,386,424$39,380,179$19,079,248$256,722,987
100$430,119,317$41,223,286$19,631,881$281,944,008