Can I retire at age 67 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%12.3%
1 years$429,411$425,586$421,854$418,212$414,655$410,667
2 years$212,580$208,621$204,784$201,063$197,455$193,437
3 years$140,312$136,336$132,509$128,823$125,274$121,351
4 years$104,185$100,221$96,432$92,810$89,346$85,549
5 years$82,515$78,575$74,835$71,287$67,919$64,259
6 years$68,073$64,162$60,478$57,009$53,742$50,223
7 years$57,761$53,883$50,258$46,870$43,707$40,330
8 years$50,031$46,188$42,622$39,318$36,259$33,025
9 years$44,021$40,215$36,711$33,490$30,535$27,442
10 years$39,217$35,447$32,005$28,869$26,018$23,064
11 years$35,288$31,557$28,177$25,125$22,376$19,560
12 years$32,017$28,324$25,006$22,038$19,391$16,709
13 years$29,251$25,596$22,341$19,456$16,909$14,359
14 years$26,882$23,266$20,074$17,271$14,822$12,400
15 years$24,831$21,254$18,124$15,403$13,051$10,753
16 years$23,038$19,500$16,432$13,791$11,534$9,357
17 years$21,458$17,959$14,953$12,391$10,227$8,166
18 years$20,054$16,595$13,650$11,167$9,093$7,145
19 years$18,800$15,380$12,496$10,090$8,105$6,266
20 years$17,673$14,292$11,468$9,139$7,240$5,505
21 years$16,655$13,312$10,548$8,294$6,479$4,844
22 years$15,730$12,427$9,722$7,541$5,807$4,268
23 years$14,887$11,622$8,976$6,868$5,213$3,766
24 years$14,115$10,889$8,302$6,264$4,686$3,326
25 years$13,406$10,219$7,689$5,721$4,216$2,941
26 years$12,753$9,604$7,131$5,231$3,798$2,602
27 years$12,149$9,039$6,622$4,788$3,424$2,304
28 years$11,590$8,517$6,156$4,387$3,090$2,042
29 years$11,070$8,035$5,729$4,023$2,790$1,810
30 years$10,585$7,588$5,336$3,692$2,521$1,605
31 years$10,133$7,173$4,975$3,391$2,279$1,425
32 years$9,709$6,787$4,641$3,116$2,062$1,265
33 years$9,312$6,428$4,334$2,865$1,866$1,123
34 years$8,940$6,092$4,049$2,636$1,689$998
35 years$8,589$5,778$3,786$2,427$1,530$886
36 years$8,259$5,484$3,541$2,235$1,386$788
37 years$7,947$5,209$3,315$2,059$1,256$700
38 years$7,652$4,950$3,104$1,898$1,139$623
39 years$7,373$4,707$2,908$1,750$1,033$554
40 years$7,109$4,479$2,726$1,614$937$493
41 years$6,859$4,263$2,556$1,489$850$438
42 years$6,620$4,060$2,398$1,375$771$390
43 years$6,394$3,869$2,250$1,269$700$347
44 years$6,178$3,688$2,112$1,172$635$309
45 years$5,973$3,516$1,983$1,082$577$275
46 years$5,777$3,354$1,862$999$524$244
47 years$5,590$3,201$1,750$923$476$217
48 years$5,411$3,056$1,644$853$432$194
49 years$5,241$2,918$1,545$789$392$172
50 years$5,077$2,788$1,453$729$356$153

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 67 starting with $5,200,000, adding $5,189 every year, while hoping to spend $53,416 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: 87/5/8 Blend
66$5,200,000$5,200,000$5,200,000$5,200,000
67$5,735,752$5,460,152$5,379,552$6,229,759
68$6,263,965$5,670,866$5,502,933$6,763,268
69$6,844,265$5,890,114$5,628,657$7,341,687
70$7,481,909$6,118,258$5,756,746$7,975,752
71$8,182,687$6,355,677$5,887,221$8,671,036
72$8,952,981$6,602,764$6,020,102$9,433,677
73$9,799,817$6,859,932$6,155,408$10,270,439
74$10,730,940$7,127,610$6,293,156$11,188,769
75$11,754,882$7,406,249$6,433,362$12,196,872
76$12,881,041$7,696,316$6,576,041$13,303,785
77$14,119,774$7,998,302$6,721,205$14,519,465
78$15,482,490$8,312,719$6,868,865$15,854,878
79$16,981,763$8,640,101$7,019,030$17,322,106
80$18,631,443$8,981,006$7,171,708$18,934,461
81$20,446,794$9,336,018$7,326,904$20,706,606
82$22,444,630$9,705,747$7,484,619$22,654,695
83$24,643,483$10,090,829$7,644,854$24,796,528
84$27,063,767$10,491,929$7,807,605$27,151,714
85$29,727,980$10,909,742$7,972,869$29,741,855
86$32,660,910$11,344,995$8,140,636$32,590,757
87$35,889,870$11,798,446$8,310,894$35,724,644
88$39,444,956$12,270,890$8,483,628$39,172,412
89$43,359,332$12,763,154$8,658,821$42,965,897
90$47,669,541$13,276,106$8,836,448$47,140,180
91$52,415,849$13,810,650$9,016,484$51,733,910
92$57,642,627$14,367,733$9,198,897$56,789,675
93$63,398,767$14,948,345$9,383,653$62,354,400
94$69,738,147$15,553,519$9,570,711$68,479,789
95$76,720,134$16,184,337$9,760,026$75,222,814
96$84,410,147$16,841,929$9,951,546$82,646,251
97$92,880,275$17,527,477$10,145,216$90,819,272
98$102,209,956$18,242,216$10,340,973$99,818,096
99$112,486,724$18,987,437$10,538,749$109,726,710
100$123,807,041$19,764,492$10,738,468$120,637,659