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%14.9%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,031,334
2 years$539,626$529,576$519,835$510,392$501,232$479,914
3 years$356,177$346,083$336,368$327,013$318,002$297,283
4 years$264,470$254,408$244,790$235,594$226,802$206,841
5 years$209,461$199,459$189,967$180,959$172,411$153,266
6 years$172,800$162,873$153,521$144,714$136,423$118,114
7 years$146,624$136,781$127,577$118,978$110,948$93,480
8 years$127,001$117,246$108,195$99,807$92,042$75,409
9 years$111,746$102,084$93,189$85,014$77,513$61,703
10 years$99,550$89,982$81,244$73,283$66,045$51,044
11 years$89,578$80,106$71,526$63,778$56,801$42,590
12 years$81,273$71,899$63,477$55,942$49,222$35,781
13 years$74,252$64,975$56,713$49,388$42,923$30,228
14 years$68,239$59,061$50,957$43,841$37,626$25,654
15 years$63,032$53,953$46,007$39,099$33,129$21,854
16 years$58,481$49,501$41,712$35,009$29,279$18,676
17 years$54,469$45,589$37,956$31,455$25,961$16,002
18 years$50,907$42,126$34,649$28,347$23,083$13,741
19 years$47,724$39,042$31,720$25,614$20,575$11,822
20 years$44,863$36,280$29,111$23,199$18,378$10,187
21 years$42,277$33,793$26,776$21,054$16,446$8,791
22 years$39,930$31,544$24,679$19,143$14,742$7,594
23 years$37,790$29,503$22,786$17,434$13,233$6,568
24 years$35,831$27,642$21,073$15,901$11,894$5,684
25 years$34,032$25,941$19,518$14,522$10,703$4,924
26 years$32,373$24,380$18,102$13,278$9,641$4,267
27 years$30,841$22,945$16,809$12,153$8,692$3,701
28 years$29,420$21,621$15,627$11,135$7,843$3,211
29 years$28,100$20,397$14,542$10,211$7,082$2,787
30 years$26,869$19,262$13,545$9,371$6,399$2,420
31 years$25,721$18,209$12,628$8,607$5,785$2,102
32 years$24,647$17,230$11,782$7,910$5,233$1,826
33 years$23,639$16,317$11,001$7,274$4,736$1,587
34 years$22,693$15,465$10,279$6,693$4,288$1,379
35 years$21,803$14,668$9,610$6,161$3,884$1,199
36 years$20,965$13,922$8,990$5,674$3,519$1,042
37 years$20,173$13,223$8,414$5,228$3,189$906
38 years$19,425$12,566$7,880$4,819$2,891$788
39 years$18,717$11,949$7,382$4,443$2,622$686
40 years$18,046$11,369$6,919$4,098$2,378$596
41 years$17,410$10,822$6,488$3,781$2,158$519
42 years$16,806$10,307$6,086$3,489$1,958$451
43 years$16,231$9,820$5,711$3,221$1,777$393
44 years$15,683$9,361$5,361$2,974$1,613$342
45 years$15,162$8,926$5,034$2,747$1,464$297
46 years$14,665$8,515$4,728$2,537$1,329$259
47 years$14,190$8,126$4,442$2,344$1,207$225
48 years$13,737$7,757$4,174$2,166$1,096$196
49 years$13,303$7,408$3,923$2,002$996$170
50 years$12,888$7,076$3,688$1,850$904$148

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 $3,911 every year, while hoping to spend $39,537 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: 64/27/9 Blend
50$13,200,000$13,200,000$13,200,000$13,200,000
51$14,550,434$13,850,834$13,646,234$15,454,078
52$15,992,511$14,487,458$14,061,316$16,693,824
53$17,580,355$15,153,951$14,488,978$18,042,357
54$19,328,793$15,851,736$14,929,600$19,514,224
55$21,254,161$16,582,302$15,383,572$21,121,407
56$23,374,462$17,347,212$15,851,299$22,877,082
57$25,709,533$18,148,101$16,333,194$24,795,743
58$28,281,235$18,986,688$16,829,685$26,893,333
59$31,113,654$19,864,768$17,341,213$29,187,390
60$34,233,333$20,784,229$17,868,230$31,697,211
61$37,669,522$21,747,044$18,411,204$34,444,028
62$41,454,450$22,755,286$18,970,616$37,451,202
63$45,623,633$23,811,125$19,546,961$40,744,446
64$50,216,210$24,916,836$20,140,750$44,352,052
65$55,275,306$26,074,804$20,752,509$48,305,162
66$60,848,448$27,287,530$21,382,778$52,638,054
67$66,988,004$28,557,633$22,032,116$57,388,456
68$73,751,685$29,887,862$22,701,096$62,597,903
69$81,203,085$31,281,095$23,390,311$68,312,116
70$89,412,282$32,740,351$24,100,369$74,581,434
71$98,456,502$34,268,796$24,831,898$81,461,274
72$108,420,844$35,869,745$25,585,545$89,012,657
73$119,399,084$37,546,677$26,361,975$97,302,769
74$131,494,564$39,303,237$27,161,874$106,405,589
75$144,821,160$41,143,247$27,985,948$116,402,582
76$159,504,366$43,070,713$28,834,925$127,383,457
77$175,682,468$45,089,835$29,709,552$139,447,006
78$193,507,860$47,205,017$30,610,602$152,702,027
79$213,148,474$49,420,875$31,538,870$167,268,342
80$234,789,370$51,742,249$32,495,173$183,277,915
81$258,634,478$54,174,212$33,480,354$200,876,092
82$284,908,531$56,722,085$34,495,281$220,222,959
83$313,859,177$59,391,442$35,540,849$241,494,840
84$345,759,323$62,188,133$36,617,978$264,885,953
85$380,909,709$65,118,287$37,727,615$290,610,229
86$419,641,746$68,188,330$38,870,737$318,903,318
87$462,320,648$71,405,002$40,048,351$350,024,797
88$509,348,875$74,775,368$41,261,491$384,260,614
89$561,169,933$78,306,834$42,511,224$421,925,761
90$618,272,565$82,007,167$43,798,649$463,367,241
91$681,195,359$85,884,511$45,124,896$508,967,321
92$750,531,836$89,947,403$46,491,131$559,147,127
93$826,936,053$94,204,795$47,898,553$614,370,599
94$911,128,773$98,666,073$49,348,397$675,148,851
95$1,003,904,277$103,341,079$50,841,937$742,044,979
96$1,106,137,853$108,240,131$52,380,482$815,679,352
97$1,218,794,067$113,374,051$53,965,381$896,735,449
98$1,342,935,865$118,754,182$55,598,024$985,966,287
99$1,479,734,607$124,392,421$57,279,842$1,084,201,506
100$1,630,481,128$130,301,242$59,012,309$1,192,355,178