Can I retire at age 51 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$429,411$425,586$421,854$418,212$414,655$402,998
2 years$212,580$208,621$204,784$201,063$197,455$185,799
3 years$140,312$136,336$132,509$128,823$125,274$113,984
4 years$104,185$100,221$96,432$92,810$89,346$78,510
5 years$82,515$78,575$74,835$71,287$67,919$57,566
6 years$68,073$64,162$60,478$57,009$53,742$43,882
7 years$57,761$53,883$50,258$46,870$43,707$34,339
8 years$50,031$46,188$42,622$39,318$36,259$27,379
9 years$44,021$40,215$36,711$33,490$30,535$22,135
10 years$39,217$35,447$32,005$28,869$26,018$18,085
11 years$35,288$31,557$28,177$25,125$22,376$14,899
12 years$32,017$28,324$25,006$22,038$19,391$12,354
13 years$29,251$25,596$22,341$19,456$16,909$10,298
14 years$26,882$23,266$20,074$17,271$14,822$8,621
15 years$24,831$21,254$18,124$15,403$13,051$7,242
16 years$23,038$19,500$16,432$13,791$11,534$6,101
17 years$21,458$17,959$14,953$12,391$10,227$5,152
18 years$20,054$16,595$13,650$11,167$9,093$4,360
19 years$18,800$15,380$12,496$10,090$8,105$3,695
20 years$17,673$14,292$11,468$9,139$7,240$3,137
21 years$16,655$13,312$10,548$8,294$6,479$2,665
22 years$15,730$12,427$9,722$7,541$5,807$2,267
23 years$14,887$11,622$8,976$6,868$5,213$1,930
24 years$14,115$10,889$8,302$6,264$4,686$1,644
25 years$13,406$10,219$7,689$5,721$4,216$1,402
26 years$12,753$9,604$7,131$5,231$3,798$1,196
27 years$12,149$9,039$6,622$4,788$3,424$1,020
28 years$11,590$8,517$6,156$4,387$3,090$871
29 years$11,070$8,035$5,729$4,023$2,790$744
30 years$10,585$7,588$5,336$3,692$2,521$635
31 years$10,133$7,173$4,975$3,391$2,279$542
32 years$9,709$6,787$4,641$3,116$2,062$464
33 years$9,312$6,428$4,334$2,865$1,866$396
34 years$8,940$6,092$4,049$2,636$1,689$339
35 years$8,589$5,778$3,786$2,427$1,530$289
36 years$8,259$5,484$3,541$2,235$1,386$247
37 years$7,947$5,209$3,315$2,059$1,256$212
38 years$7,652$4,950$3,104$1,898$1,139$181
39 years$7,373$4,707$2,908$1,750$1,033$155
40 years$7,109$4,479$2,726$1,614$937$132
41 years$6,859$4,263$2,556$1,489$850$113
42 years$6,620$4,060$2,398$1,375$771$97
43 years$6,394$3,869$2,250$1,269$700$83
44 years$6,178$3,688$2,112$1,172$635$71
45 years$5,973$3,516$1,983$1,082$577$61
46 years$5,777$3,354$1,862$999$524$52
47 years$5,590$3,201$1,750$923$476$44
48 years$5,411$3,056$1,644$853$432$38
49 years$5,241$2,918$1,545$789$392$32
50 years$5,077$2,788$1,453$729$356$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $5,200,000, adding $5,089 every year, while hoping to spend $20,072 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: 42/32/26 Blend
50$5,200,000$5,200,000$5,200,000$5,200,000
51$5,735,649$5,460,049$5,379,449$5,932,676
52$6,299,329$5,706,235$5,538,304$6,320,684
53$6,919,831$5,963,812$5,701,808$6,738,321
54$7,602,931$6,233,315$5,870,096$7,190,221
55$8,354,991$6,515,309$6,043,305$7,679,555
56$9,183,023$6,810,382$6,221,579$8,209,805
57$10,094,753$7,119,152$6,405,063$8,784,793
58$11,098,693$7,442,266$6,593,908$9,408,717
59$12,204,225$7,780,402$6,788,269$10,086,189
60$13,421,686$8,134,271$6,988,306$10,822,273
61$14,762,465$8,504,618$7,194,181$11,622,536
62$16,239,114$8,892,222$7,406,064$12,493,094
63$17,865,465$9,297,902$7,624,128$13,440,670
64$19,656,756$9,722,513$7,848,551$14,472,654
65$21,629,784$10,166,955$8,079,516$15,597,168
66$23,803,053$10,632,167$8,317,211$16,823,145
67$26,196,958$11,119,136$8,561,831$18,160,408
68$28,833,970$11,628,896$8,813,574$19,619,756
69$31,738,851$12,162,529$9,072,646$21,213,071
70$34,938,891$12,721,170$9,339,256$22,953,419
71$38,464,160$13,306,008$9,613,623$24,855,177
72$42,347,793$13,918,292$9,895,968$26,934,160
73$46,626,305$14,559,326$10,186,521$29,207,767
74$51,339,936$15,230,480$10,485,517$31,695,147
75$56,533,026$15,933,190$10,793,198$34,417,369
76$62,254,438$16,668,960$11,109,814$37,397,621
77$68,558,019$17,439,367$11,435,620$40,661,423
78$75,503,103$18,246,063$11,770,880$44,236,864
79$83,155,080$19,090,780$12,115,865$48,154,861
80$91,586,004$19,975,334$12,470,852$52,449,450
81$100,875,279$20,901,628$12,836,128$57,158,098
82$111,110,407$21,871,657$13,211,988$62,322,052
83$122,387,811$22,887,511$13,598,733$67,986,725
84$134,813,752$23,951,383$13,996,674$74,202,117
85$148,505,324$25,065,570$14,406,131$81,023,282
86$163,591,563$26,232,480$14,827,434$88,510,839
87$180,214,669$27,454,637$15,260,919$96,731,542
88$198,531,339$28,734,688$15,706,933$105,758,900
89$218,714,254$30,075,407$16,165,835$115,673,863
90$240,953,708$31,479,702$16,637,990$126,565,581
91$265,459,400$32,950,621$17,123,777$138,532,236
92$292,462,418$34,491,360$17,623,582$151,681,963
93$322,217,418$36,105,270$18,137,805$166,133,857
94$355,005,028$37,795,862$18,666,855$182,019,095
95$391,134,499$39,566,818$19,211,153$199,482,159
96$430,946,624$41,421,998$19,771,133$218,682,193
97$474,816,953$43,365,448$20,347,239$239,794,496
98$523,159,339$45,401,412$20,939,928$263,012,162
99$576,429,846$47,534,336$21,549,670$288,547,896
100$635,131,055$49,768,883$22,176,949$316,636,007