Can I retire at age 59 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%14.7%
1 years$429,411$425,586$421,854$418,212$414,655$406,616
2 years$212,580$208,621$204,784$201,063$197,455$189,388
3 years$140,312$136,336$132,509$128,823$125,274$117,430
4 years$104,185$100,221$96,432$92,810$89,346$81,788
5 years$82,515$78,575$74,835$71,287$67,919$60,667
6 years$68,073$64,162$60,478$57,009$53,742$46,804
7 years$57,761$53,883$50,258$46,870$43,707$37,084
8 years$50,031$46,188$42,622$39,318$36,259$29,950
9 years$44,021$40,215$36,711$33,490$30,535$24,536
10 years$39,217$35,447$32,005$28,869$26,018$20,322
11 years$35,288$31,557$28,177$25,125$22,376$16,978
12 years$32,017$28,324$25,006$22,038$19,391$14,282
13 years$29,251$25,596$22,341$19,456$16,909$12,082
14 years$26,882$23,266$20,074$17,271$14,822$10,267
15 years$24,831$21,254$18,124$15,403$13,051$8,759
16 years$23,038$19,500$16,432$13,791$11,534$7,495
17 years$21,458$17,959$14,953$12,391$10,227$6,431
18 years$20,054$16,595$13,650$11,167$9,093$5,531
19 years$18,800$15,380$12,496$10,090$8,105$4,766
20 years$17,673$14,292$11,468$9,139$7,240$4,113
21 years$16,655$13,312$10,548$8,294$6,479$3,554
22 years$15,730$12,427$9,722$7,541$5,807$3,075
23 years$14,887$11,622$8,976$6,868$5,213$2,664
24 years$14,115$10,889$8,302$6,264$4,686$2,309
25 years$13,406$10,219$7,689$5,721$4,216$2,003
26 years$12,753$9,604$7,131$5,231$3,798$1,739
27 years$12,149$9,039$6,622$4,788$3,424$1,511
28 years$11,590$8,517$6,156$4,387$3,090$1,313
29 years$11,070$8,035$5,729$4,023$2,790$1,141
30 years$10,585$7,588$5,336$3,692$2,521$993
31 years$10,133$7,173$4,975$3,391$2,279$864
32 years$9,709$6,787$4,641$3,116$2,062$751
33 years$9,312$6,428$4,334$2,865$1,866$654
34 years$8,940$6,092$4,049$2,636$1,689$569
35 years$8,589$5,778$3,786$2,427$1,530$496
36 years$8,259$5,484$3,541$2,235$1,386$432
37 years$7,947$5,209$3,315$2,059$1,256$376
38 years$7,652$4,950$3,104$1,898$1,139$328
39 years$7,373$4,707$2,908$1,750$1,033$285
40 years$7,109$4,479$2,726$1,614$937$249
41 years$6,859$4,263$2,556$1,489$850$217
42 years$6,620$4,060$2,398$1,375$771$189
43 years$6,394$3,869$2,250$1,269$700$165
44 years$6,178$3,688$2,112$1,172$635$143
45 years$5,973$3,516$1,983$1,082$577$125
46 years$5,777$3,354$1,862$999$524$109
47 years$5,590$3,201$1,750$923$476$95
48 years$5,411$3,056$1,644$853$432$83
49 years$5,241$2,918$1,545$789$392$72
50 years$5,077$2,788$1,453$729$356$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 59 starting with $5,200,000, adding $6,001 every year, while hoping to spend $21,647 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: 56/24/20 Blend
58$5,200,000$5,200,000$5,200,000$5,200,000
59$5,736,590$5,460,990$5,380,390$6,026,682
60$6,298,690$5,705,546$5,537,601$6,469,839
61$6,917,399$5,961,360$5,699,353$6,949,549
62$7,598,467$6,228,961$5,865,775$7,471,677
63$8,348,233$6,508,902$6,037,000$8,040,301
64$9,173,678$6,801,764$6,213,165$8,659,904
65$10,082,498$7,108,154$6,394,411$9,335,417
66$11,083,169$7,428,711$6,580,881$10,072,263
67$12,185,036$7,764,101$6,772,723$10,876,404
68$13,398,391$8,115,024$6,970,092$11,754,403
69$14,734,579$8,482,212$7,173,142$12,713,475
70$16,206,099$8,866,433$7,382,035$13,761,562
71$17,826,725$9,268,492$7,596,936$14,907,399
72$19,611,634$9,689,231$7,818,017$16,160,602
73$21,577,551$10,129,534$8,045,451$17,531,750
74$23,742,906$10,590,326$8,279,418$19,032,485
75$26,128,007$11,072,576$8,520,103$20,675,625
76$28,755,233$11,577,302$8,767,696$22,475,273
77$31,649,244$12,105,567$9,022,391$24,446,957
78$34,837,216$12,658,489$9,284,390$26,607,769
79$38,349,092$13,237,235$9,553,897$28,976,527
80$42,217,872$13,843,032$9,831,126$31,573,946
81$46,479,919$14,477,165$10,116,292$34,422,835
82$51,175,303$15,140,978$10,409,620$37,548,308
83$56,348,180$15,835,882$10,711,339$40,978,017
84$62,047,211$16,563,357$11,021,685$44,742,412
85$68,326,015$17,324,950$11,340,900$48,875,024
86$75,243,682$18,122,286$11,669,234$53,412,777
87$82,865,326$18,957,067$12,006,942$58,396,338
88$91,262,702$19,831,075$12,354,286$63,870,489
89$100,514,881$20,746,181$12,711,538$69,884,556
90$110,708,999$21,704,344$13,078,975$76,492,861
91$121,941,077$22,707,617$13,456,881$83,755,237
92$134,316,929$23,758,153$13,845,549$91,737,587
93$147,953,162$24,858,208$14,245,281$100,512,501
94$162,978,271$26,010,147$14,656,384$110,159,936
95$179,533,858$27,216,448$15,079,177$120,767,968
96$197,775,967$28,479,710$15,513,985$132,433,614
97$217,876,556$29,802,656$15,961,143$145,263,749
98$240,025,119$31,188,140$16,420,996$159,376,104
99$264,430,478$32,639,155$16,893,896$174,900,374
100$291,322,751$34,158,839$17,380,206$191,979,433