Can I retire at age 51 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,038,573
2 years$539,626$529,576$519,835$510,392$501,232$487,135
3 years$356,177$346,083$336,368$327,013$318,002$304,261
4 years$264,470$254,408$244,790$235,594$226,802$213,523
5 years$209,461$199,459$189,967$180,959$172,411$159,632
6 years$172,800$162,873$153,521$144,714$136,423$124,159
7 years$146,624$136,781$127,577$118,978$110,948$99,205
8 years$127,001$117,246$108,195$99,807$92,042$80,817
9 years$111,746$102,084$93,189$85,014$77,513$66,801
10 years$99,550$89,982$81,244$73,283$66,045$55,839
11 years$89,578$80,106$71,526$63,778$56,801$47,091
12 years$81,273$71,899$63,477$55,942$49,222$39,998
13 years$74,252$64,975$56,713$49,388$42,923$34,171
14 years$68,239$59,061$50,957$43,841$37,626$29,334
15 years$63,032$53,953$46,007$39,099$33,129$25,283
16 years$58,481$49,501$41,712$35,009$29,279$21,864
17 years$54,469$45,589$37,956$31,455$25,961$18,962
18 years$50,907$42,126$34,649$28,347$23,083$16,485
19 years$47,724$39,042$31,720$25,614$20,575$14,361
20 years$44,863$36,280$29,111$23,199$18,378$12,534
21 years$42,277$33,793$26,776$21,054$16,446$10,955
22 years$39,930$31,544$24,679$19,143$14,742$9,588
23 years$37,790$29,503$22,786$17,434$13,233$8,402
24 years$35,831$27,642$21,073$15,901$11,894$7,369
25 years$34,032$25,941$19,518$14,522$10,703$6,470
26 years$32,373$24,380$18,102$13,278$9,641$5,684
27 years$30,841$22,945$16,809$12,153$8,692$4,997
28 years$29,420$21,621$15,627$11,135$7,843$4,396
29 years$28,100$20,397$14,542$10,211$7,082$3,869
30 years$26,869$19,262$13,545$9,371$6,399$3,406
31 years$25,721$18,209$12,628$8,607$5,785$3,000
32 years$24,647$17,230$11,782$7,910$5,233$2,644
33 years$23,639$16,317$11,001$7,274$4,736$2,330
34 years$22,693$15,465$10,279$6,693$4,288$2,054
35 years$21,803$14,668$9,610$6,161$3,884$1,812
36 years$20,965$13,922$8,990$5,674$3,519$1,598
37 years$20,173$13,223$8,414$5,228$3,189$1,410
38 years$19,425$12,566$7,880$4,819$2,891$1,244
39 years$18,717$11,949$7,382$4,443$2,622$1,098
40 years$18,046$11,369$6,919$4,098$2,378$969
41 years$17,410$10,822$6,488$3,781$2,158$855
42 years$16,806$10,307$6,086$3,489$1,958$755
43 years$16,231$9,820$5,711$3,221$1,777$666
44 years$15,683$9,361$5,361$2,974$1,613$588
45 years$15,162$8,926$5,034$2,747$1,464$519
46 years$14,665$8,515$4,728$2,537$1,329$459
47 years$14,190$8,126$4,442$2,344$1,207$405
48 years$13,737$7,757$4,174$2,166$1,096$358
49 years$13,303$7,408$3,923$2,002$996$316
50 years$12,888$7,076$3,688$1,850$904$279

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $13,200,000, adding $5,400 every year, while hoping to spend $36,802 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: 37/50/13 Blend
50$13,200,000$13,200,000$13,200,000$13,200,000
51$14,551,970$13,852,370$13,647,770$15,032,264
52$15,997,114$14,491,979$14,065,813$16,016,126
53$17,588,429$15,161,696$14,496,628$17,074,200
54$19,340,786$15,862,956$14,940,602$18,216,252
55$21,270,571$16,597,266$15,398,137$19,449,807
56$23,395,841$17,366,203$15,869,646$20,783,112
57$25,736,491$18,171,421$16,355,553$22,225,203
58$28,314,447$19,014,656$16,856,299$23,785,989
59$31,153,870$19,897,722$17,372,334$25,476,334
60$34,281,381$20,822,527$17,904,123$27,308,156
61$37,726,317$21,791,066$18,452,146$29,294,528
62$41,521,006$22,805,433$19,016,898$31,449,796
63$45,701,072$23,867,822$19,598,887$33,789,704
64$50,305,769$24,980,533$20,198,638$36,331,535
65$55,378,356$26,145,978$20,816,690$39,094,265
66$60,966,500$27,366,683$21,453,602$42,098,730
67$67,122,732$28,645,299$22,109,946$45,367,816
68$73,904,934$29,984,603$22,786,313$48,926,660
69$81,376,896$31,387,507$23,483,313$52,802,881
70$89,608,908$32,857,063$24,201,573$57,026,825
71$98,678,429$34,396,472$24,941,738$61,631,840
72$108,670,818$36,009,089$25,704,476$66,654,580
73$119,680,138$37,698,430$26,490,472$72,135,335
74$131,810,042$39,468,183$27,300,432$78,118,397
75$145,174,756$41,322,214$28,135,087$84,652,467
76$159,900,154$43,264,575$28,995,185$91,791,096
77$176,124,946$45,299,515$29,881,500$99,593,172
78$194,001,988$47,431,489$30,794,828$108,123,466
79$213,699,726$49,665,168$31,735,990$117,453,220
80$235,403,784$52,005,446$32,705,831$127,660,802
81$259,318,716$54,457,460$33,705,223$138,832,426
82$285,669,939$57,026,589$34,735,062$151,062,948
83$314,705,860$59,718,479$35,796,273$164,456,738
84$346,700,218$62,539,045$36,889,809$179,128,642
85$381,954,674$65,494,492$38,016,651$195,205,043
86$420,801,651$68,591,322$39,177,809$212,825,034
87$463,607,480$71,836,357$40,374,326$232,141,697
88$510,775,851$75,236,747$41,607,274$253,323,528
89$562,751,628$78,799,988$42,877,758$276,555,999
90$620,025,049$82,533,942$44,186,918$302,043,274
91$683,136,351$86,446,852$45,535,927$330,010,110
92$752,680,871$90,547,360$46,925,993$360,703,947
93$829,314,668$94,844,529$48,358,361$394,397,206
94$913,760,712$99,347,859$49,834,315$431,389,827
95$1,006,815,716$104,067,315$51,355,175$472,012,067
96$1,109,357,649$109,013,344$52,922,304$516,627,570
97$1,222,354,032$114,196,900$54,537,104$565,636,768
98$1,346,871,065$119,629,471$56,201,019$619,480,614
99$1,484,083,699$125,323,100$57,915,538$678,644,698
100$1,635,286,723$131,290,419$59,682,195$743,663,790