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Can I Retire on $5 Million?

$200,000/yr
what $5 Million safely provides at the 4% rule — about $16,667/month

Yes — in much of the world. Whether $5 million is "enough" depends almost entirely on where you live. At a 4% withdrawal rate it throws off about $200,000 a year. Here's how far that goes against the 59 cities we track, for one person at each lifestyle:

LifestyleCities within reach
Lean59 of 59
Comfortable59 of 59
Fat (roomy)59 of 59

Where $5 million retires you comfortably

A comfortable life — a decent rental, eating out, some travel — in these places costs less than your $200,000 budget:

CityComfortable cost / yr
Ho Chi Minh City Vietnam$20,000
Medellin Colombia$22,000
Bengaluru India$22,000
Chiang Mai Thailand$22,000
Buenos Aires Argentina$24,000
Bali Indonesia$24,000
Playa del Carmen Mexico$26,000
Kuala Lumpur Malaysia$26,000
Mexico City Mexico$28,000
Mumbai India$28,000
Santiago Chile$30,000
Krakow Poland$30,000

At a comfortable standard, $5 million covers every one of the 59 cities we track. The question becomes lifestyle, not location.

See your own map

Change the lifestyle, add a pension or Social Security, or pick a more conservative withdrawal rate — the full calculator ranks all 59 cities against your numbers:

Open the Portfolio Atlas → Coast FIRE →

See more: all retirement & investing calculators.