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%17.6%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,020,118
2 years$539,626$529,576$519,835$510,392$501,232$468,804
3 years$356,177$346,083$336,368$327,013$318,002$286,632
4 years$264,470$254,408$244,790$235,594$226,802$196,731
5 years$209,461$199,459$189,967$180,959$172,411$143,720
6 years$172,800$162,873$153,521$144,714$136,423$109,136
7 years$146,624$136,781$127,577$118,978$110,948$85,064
8 years$127,001$117,246$108,195$99,807$92,042$67,544
9 years$111,746$102,084$93,189$85,014$77,513$54,374
10 years$99,550$89,982$81,244$73,283$66,045$44,232
11 years$89,578$80,106$71,526$63,778$56,801$36,275
12 years$81,273$71,899$63,477$55,942$49,222$29,940
13 years$74,252$64,975$56,713$49,388$42,923$24,840
14 years$68,239$59,061$50,957$43,841$37,626$20,694
15 years$63,032$53,953$46,007$39,099$33,129$17,298
16 years$58,481$49,501$41,712$35,009$29,279$14,500
17 years$54,469$45,589$37,956$31,455$25,961$12,183
18 years$50,907$42,126$34,649$28,347$23,083$10,255
19 years$47,724$39,042$31,720$25,614$20,575$8,647
20 years$44,863$36,280$29,111$23,199$18,378$7,300
21 years$42,277$33,793$26,776$21,054$16,446$6,170
22 years$39,930$31,544$24,679$19,143$14,742$5,220
23 years$37,790$29,503$22,786$17,434$13,233$4,419
24 years$35,831$27,642$21,073$15,901$11,894$3,744
25 years$34,032$25,941$19,518$14,522$10,703$3,174
26 years$32,373$24,380$18,102$13,278$9,641$2,692
27 years$30,841$22,945$16,809$12,153$8,692$2,284
28 years$29,420$21,621$15,627$11,135$7,843$1,938
29 years$28,100$20,397$14,542$10,211$7,082$1,646
30 years$26,869$19,262$13,545$9,371$6,399$1,397
31 years$25,721$18,209$12,628$8,607$5,785$1,187
32 years$24,647$17,230$11,782$7,910$5,233$1,008
33 years$23,639$16,317$11,001$7,274$4,736$857
34 years$22,693$15,465$10,279$6,693$4,288$728
35 years$21,803$14,668$9,610$6,161$3,884$619
36 years$20,965$13,922$8,990$5,674$3,519$526
37 years$20,173$13,223$8,414$5,228$3,189$447
38 years$19,425$12,566$7,880$4,819$2,891$380
39 years$18,717$11,949$7,382$4,443$2,622$323
40 years$18,046$11,369$6,919$4,098$2,378$274
41 years$17,410$10,822$6,488$3,781$2,158$233
42 years$16,806$10,307$6,086$3,489$1,958$198
43 years$16,231$9,820$5,711$3,221$1,777$169
44 years$15,683$9,361$5,361$2,974$1,613$143
45 years$15,162$8,926$5,034$2,747$1,464$122
46 years$14,665$8,515$4,728$2,537$1,329$104
47 years$14,190$8,126$4,442$2,344$1,207$88
48 years$13,737$7,757$4,174$2,166$1,096$75
49 years$13,303$7,408$3,923$2,002$996$64
50 years$12,888$7,076$3,688$1,850$904$54

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 $4,251 every year, while hoping to spend $34,970 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: 64/31/5 Blend
50$13,200,000$13,200,000$13,200,000$13,200,000
51$14,550,785$13,851,185$13,646,585$15,471,471
52$15,997,757$14,492,685$14,066,538$16,725,719
53$17,591,149$15,164,447$14,499,387$18,090,420
54$19,345,857$15,867,916$14,945,527$19,579,896
55$21,278,298$16,604,608$15,405,367$21,206,238
56$23,406,563$17,376,112$15,879,324$22,982,742
57$25,750,583$18,184,092$16,367,833$24,924,033
58$28,332,325$19,030,295$16,871,337$27,046,191
59$31,175,992$19,916,550$17,390,298$29,366,908
60$34,308,258$20,844,775$17,925,187$31,905,642
61$37,758,513$21,816,981$18,476,493$34,683,801
62$41,559,144$22,835,276$19,044,718$37,724,940
63$45,745,841$23,901,869$19,630,381$41,054,975
64$50,357,933$25,019,077$20,234,015$44,702,424
65$55,438,757$26,189,327$20,856,170$48,698,671
66$61,036,072$27,415,166$21,497,413$53,078,256
67$67,202,503$28,699,261$22,158,328$57,879,193
68$73,996,045$30,044,411$22,839,518$63,143,325
69$81,480,602$31,453,547$23,541,603$68,916,709
70$89,726,598$32,929,746$24,265,222$75,250,046
71$98,811,638$34,476,231$25,011,033$82,199,152
72$108,821,239$36,096,380$25,779,717$89,825,475
73$119,849,640$37,793,737$26,571,972$98,196,668
74$132,000,690$39,572,017$27,388,520$107,387,219
75$145,388,828$41,435,113$28,230,103$117,479,145
76$160,140,164$43,387,110$29,097,487$128,562,756
77$176,393,670$45,432,287$29,991,461$140,737,498
78$194,302,488$47,575,132$30,912,839$154,112,882
79$214,035,380$49,820,352$31,862,458$168,809,507
80$235,778,320$52,172,880$32,841,181$184,960,184
81$259,736,246$54,637,889$33,849,898$202,711,182
82$286,135,000$57,220,803$34,889,527$222,223,592
83$315,223,455$59,927,307$35,961,011$243,674,838
84$347,275,867$62,763,364$37,065,324$267,260,338
85$382,594,463$65,735,227$38,203,470$293,195,331
86$421,512,294$68,849,449$39,376,482$321,716,896
87$464,396,379$72,112,903$40,585,426$353,086,175
88$511,651,171$75,532,797$41,831,399$387,590,820
89$563,722,372$79,116,685$43,115,532$425,547,694
90$621,101,143$82,872,492$44,438,992$467,305,837
91$684,328,740$86,808,525$45,802,978$513,249,752
92$754,001,624$90,933,495$47,208,730$563,803,007
93$830,777,089$95,256,535$48,657,522$619,432,216
94$915,379,471$99,787,225$50,150,668$680,651,421
95$1,008,606,985$104,535,607$51,689,523$748,026,923
96$1,111,339,258$109,512,211$53,275,483$822,182,602
97$1,224,545,635$114,728,082$54,909,984$903,805,784
98$1,349,294,330$120,194,799$56,594,508$993,653,702
99$1,486,762,510$125,924,503$58,330,584$1,092,560,615
100$1,638,247,410$131,929,928$60,119,782$1,201,445,660