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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.8%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,031,756
2 years$539,626$529,576$519,835$510,392$501,232$480,333
3 years$356,177$346,083$336,368$327,013$318,002$297,687
4 years$264,470$254,408$244,790$235,594$226,802$207,227
5 years$209,461$199,459$189,967$180,959$172,411$153,633
6 years$172,800$162,873$153,521$144,714$136,423$118,461
7 years$146,624$136,781$127,577$118,978$110,948$93,807
8 years$127,001$117,246$108,195$99,807$92,042$75,717
9 years$111,746$102,084$93,189$85,014$77,513$61,993
10 years$99,550$89,982$81,244$73,283$66,045$51,315
11 years$89,578$80,106$71,526$63,778$56,801$42,843
12 years$81,273$71,899$63,477$55,942$49,222$36,017
13 years$74,252$64,975$56,713$49,388$42,923$30,448
14 years$68,239$59,061$50,957$43,841$37,626$25,858
15 years$63,032$53,953$46,007$39,099$33,129$22,043
16 years$58,481$49,501$41,712$35,009$29,279$18,850
17 years$54,469$45,589$37,956$31,455$25,961$16,163
18 years$50,907$42,126$34,649$28,347$23,083$13,890
19 years$47,724$39,042$31,720$25,614$20,575$11,959
20 years$44,863$36,280$29,111$23,199$18,378$10,313
21 years$42,277$33,793$26,776$21,054$16,446$8,906
22 years$39,930$31,544$24,679$19,143$14,742$7,700
23 years$37,790$29,503$22,786$17,434$13,233$6,664
24 years$35,831$27,642$21,073$15,901$11,894$5,772
25 years$34,032$25,941$19,518$14,522$10,703$5,004
26 years$32,373$24,380$18,102$13,278$9,641$4,340
27 years$30,841$22,945$16,809$12,153$8,692$3,767
28 years$29,420$21,621$15,627$11,135$7,843$3,271
29 years$28,100$20,397$14,542$10,211$7,082$2,841
30 years$26,869$19,262$13,545$9,371$6,399$2,469
31 years$25,721$18,209$12,628$8,607$5,785$2,146
32 years$24,647$17,230$11,782$7,910$5,233$1,866
33 years$23,639$16,317$11,001$7,274$4,736$1,623
34 years$22,693$15,465$10,279$6,693$4,288$1,412
35 years$21,803$14,668$9,610$6,161$3,884$1,228
36 years$20,965$13,922$8,990$5,674$3,519$1,069
37 years$20,173$13,223$8,414$5,228$3,189$930
38 years$19,425$12,566$7,880$4,819$2,891$810
39 years$18,717$11,949$7,382$4,443$2,622$705
40 years$18,046$11,369$6,919$4,098$2,378$614
41 years$17,410$10,822$6,488$3,781$2,158$534
42 years$16,806$10,307$6,086$3,489$1,958$465
43 years$16,231$9,820$5,711$3,221$1,777$405
44 years$15,683$9,361$5,361$2,974$1,613$353
45 years$15,162$8,926$5,034$2,747$1,464$307
46 years$14,665$8,515$4,728$2,537$1,329$267
47 years$14,190$8,126$4,442$2,344$1,207$233
48 years$13,737$7,757$4,174$2,166$1,096$203
49 years$13,303$7,408$3,923$2,002$996$177
50 years$12,888$7,076$3,688$1,850$904$154

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 $2,481 every year, while hoping to spend $24,500 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: 64/11/25 Blend
50$13,200,000$13,200,000$13,200,000$13,200,000
51$14,548,959$13,849,359$13,644,759$15,384,430
52$16,006,885$14,501,910$14,075,791$16,601,604
53$17,612,699$15,185,615$14,520,441$17,927,996
54$19,381,458$15,901,974$14,979,140$19,376,711
55$21,329,757$16,652,561$15,452,331$20,959,747
56$23,475,881$17,439,025$15,940,473$22,690,311
57$25,839,981$18,263,097$16,444,039$24,582,935
58$28,444,259$19,126,590$16,963,515$26,653,615
59$31,313,186$20,031,404$17,499,404$28,919,956
60$34,473,722$20,979,534$18,052,226$31,401,340
61$37,955,581$21,973,071$18,622,514$34,119,101
62$41,791,503$23,014,205$19,210,822$37,096,726
63$46,017,570$24,105,234$19,817,718$40,360,076
64$50,673,541$25,248,570$20,443,791$43,937,622
65$55,803,230$26,446,737$21,089,645$47,860,712
66$61,454,918$27,702,386$21,755,907$52,163,866
67$67,681,810$29,018,294$22,443,221$56,885,096
68$74,542,539$30,397,373$23,152,252$62,066,262
69$82,101,712$31,842,679$23,883,687$67,753,461
70$90,430,530$33,357,414$24,638,234$73,997,461
71$99,607,453$34,944,936$25,416,623$80,854,175
72$109,718,941$36,608,766$26,219,608$88,385,183
73$120,860,274$38,352,597$27,047,966$96,658,311
74$133,136,449$40,180,300$27,902,500$105,748,264
75$146,663,168$42,095,937$28,784,035$115,737,330
76$161,567,938$44,103,764$29,693,426$126,716,145
77$177,991,265$46,208,246$30,631,554$138,784,551
78$196,087,988$48,414,064$31,599,325$152,052,526
79$216,028,739$50,726,129$32,597,678$166,641,222
80$238,001,548$53,149,588$33,627,579$182,684,099
81$262,213,628$55,689,839$34,690,024$200,328,178
82$288,893,321$58,352,544$35,786,043$219,735,425
83$318,292,260$61,143,640$36,916,696$241,084,271
84$350,687,744$64,069,351$38,083,079$264,571,289
85$386,385,352$67,136,208$39,286,320$290,413,045
86$425,721,831$70,351,055$40,527,585$318,848,131
87$469,068,274$73,721,072$41,808,075$350,139,409
88$516,833,623$77,253,790$43,129,030$384,576,488
89$569,468,529$80,957,102$44,491,729$422,478,446
90$627,469,609$84,839,290$45,897,492$464,196,832
91$691,384,130$88,909,037$47,347,680$510,118,977
92$761,815,181$93,175,448$48,843,696$560,671,640
93$839,427,359$97,648,075$50,386,990$616,325,026
94$924,953,051$102,336,932$51,979,055$677,597,215
95$1,019,199,343$107,252,523$53,621,434$745,059,038
96$1,123,055,640$112,405,861$55,315,717$819,339,458
97$1,237,502,066$117,808,499$57,063,544$901,131,492
98$1,363,618,712$123,472,550$58,866,608$991,198,744
99$1,502,595,836$129,410,721$60,726,655$1,090,382,595
100$1,655,745,099$135,636,334$62,645,485$1,199,610,138