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%13.7%
1 years$429,411$425,586$421,854$418,212$414,655$408,290
2 years$212,580$208,621$204,784$201,063$197,455$191,058
3 years$140,312$136,336$132,509$128,823$125,274$119,043
4 years$104,185$100,221$96,432$92,810$89,346$83,331
5 years$82,515$78,575$74,835$71,287$67,919$62,136
6 years$68,073$64,162$60,478$57,009$53,742$48,198
7 years$57,761$53,883$50,258$46,870$43,707$38,403
8 years$50,031$46,188$42,622$39,318$36,259$31,195
9 years$44,021$40,215$36,711$33,490$30,535$25,709
10 years$39,217$35,447$32,005$28,869$26,018$21,425
11 years$35,288$31,557$28,177$25,125$22,376$18,012
12 years$32,017$28,324$25,006$22,038$19,391$15,250
13 years$29,251$25,596$22,341$19,456$16,909$12,986
14 years$26,882$23,266$20,074$17,271$14,822$11,110
15 years$24,831$21,254$18,124$15,403$13,051$9,543
16 years$23,038$19,500$16,432$13,791$11,534$8,224
17 years$21,458$17,959$14,953$12,391$10,227$7,107
18 years$20,054$16,595$13,650$11,167$9,093$6,157
19 years$18,800$15,380$12,496$10,090$8,105$5,344
20 years$17,673$14,292$11,468$9,139$7,240$4,647
21 years$16,655$13,312$10,548$8,294$6,479$4,046
22 years$15,730$12,427$9,722$7,541$5,807$3,528
23 years$14,887$11,622$8,976$6,868$5,213$3,079
24 years$14,115$10,889$8,302$6,264$4,686$2,691
25 years$13,406$10,219$7,689$5,721$4,216$2,353
26 years$12,753$9,604$7,131$5,231$3,798$2,059
27 years$12,149$9,039$6,622$4,788$3,424$1,803
28 years$11,590$8,517$6,156$4,387$3,090$1,579
29 years$11,070$8,035$5,729$4,023$2,790$1,384
30 years$10,585$7,588$5,336$3,692$2,521$1,214
31 years$10,133$7,173$4,975$3,391$2,279$1,065
32 years$9,709$6,787$4,641$3,116$2,062$934
33 years$9,312$6,428$4,334$2,865$1,866$820
34 years$8,940$6,092$4,049$2,636$1,689$720
35 years$8,589$5,778$3,786$2,427$1,530$632
36 years$8,259$5,484$3,541$2,235$1,386$555
37 years$7,947$5,209$3,315$2,059$1,256$488
38 years$7,652$4,950$3,104$1,898$1,139$429
39 years$7,373$4,707$2,908$1,750$1,033$377
40 years$7,109$4,479$2,726$1,614$937$331
41 years$6,859$4,263$2,556$1,489$850$291
42 years$6,620$4,060$2,398$1,375$771$256
43 years$6,394$3,869$2,250$1,269$700$225
44 years$6,178$3,688$2,112$1,172$635$198
45 years$5,973$3,516$1,983$1,082$577$174
46 years$5,777$3,354$1,862$999$524$153
47 years$5,590$3,201$1,750$923$476$134
48 years$5,411$3,056$1,644$853$432$118
49 years$5,241$2,918$1,545$789$392$104
50 years$5,077$2,788$1,453$729$356$91

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 $6,741 every year, while hoping to spend $55,015 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: 74/13/13 Blend
50$5,200,000$5,200,000$5,200,000$5,200,000
51$5,737,353$5,461,753$5,381,153$6,145,902
52$6,264,028$5,670,844$5,502,886$6,625,909
53$6,842,579$5,888,336$5,626,854$7,144,180
54$7,478,241$6,114,583$5,753,072$7,710,525
55$8,176,778$6,349,954$5,881,557$8,329,697
56$8,944,543$6,594,835$6,012,322$9,006,932
57$9,788,532$6,849,628$6,145,380$9,747,991
58$10,716,455$7,114,752$6,280,743$10,559,221
59$11,736,805$7,390,646$6,418,420$11,447,608
60$12,858,939$7,677,769$6,558,417$12,420,848
61$14,093,169$7,976,597$6,700,742$13,487,415
62$15,450,852$8,287,630$6,845,397$14,656,639
63$16,944,505$8,611,390$6,992,383$15,938,799
64$18,587,916$8,948,420$7,141,700$17,345,214
65$20,396,280$9,299,289$7,293,344$18,888,352
66$22,386,338$9,664,592$7,447,308$20,581,944
67$24,576,536$10,044,948$7,603,584$22,441,118
68$26,987,197$10,441,005$7,762,159$24,482,533
69$29,640,718$10,853,440$7,923,018$26,724,543
70$32,561,773$11,282,961$8,086,141$29,187,364
71$35,777,554$11,730,306$8,251,507$31,893,269
72$39,318,021$12,196,247$8,419,088$34,866,791
73$43,216,186$12,681,591$8,588,855$38,134,958
74$47,508,428$13,187,180$8,760,773$41,727,546
75$52,234,831$13,713,895$8,934,802$45,677,357
76$57,439,564$14,262,656$9,110,897$50,020,531
77$63,171,298$14,834,424$9,289,011$54,796,882
78$69,483,665$15,430,206$9,469,088$60,050,278
79$76,435,764$16,051,051$9,651,067$65,829,046
80$84,092,717$16,698,058$9,834,883$72,186,434
81$92,526,285$17,372,374$10,020,463$79,181,109
82$101,815,545$18,075,199$10,207,727$86,877,709
83$112,047,634$18,807,787$10,396,589$95,347,454
84$123,318,573$19,571,449$10,586,956$104,668,813
85$135,734,174$20,367,556$10,778,725$114,928,246
86$149,411,035$21,197,542$10,971,788$126,221,019
87$164,477,643$22,062,904$11,166,025$138,652,099
88$181,075,586$22,965,209$11,361,310$152,337,144
89$199,360,887$23,906,095$11,557,505$167,403,596
90$219,505,480$24,887,277$11,754,464$183,991,875
91$241,698,829$25,910,544$11,952,029$202,256,711
92$266,149,720$26,977,771$12,150,032$222,368,597
93$293,088,226$28,090,916$12,348,293$244,515,396
94$322,767,884$29,252,030$12,546,619$268,904,118
95$355,468,084$30,463,255$12,744,807$295,762,864
96$391,496,707$31,726,833$12,942,636$325,342,982
97$431,193,032$33,045,109$13,139,876$357,921,437
98$474,930,938$34,420,535$13,336,278$393,803,421
99$523,122,431$35,855,679$13,531,581$433,325,232
100$576,221,535$37,353,224$13,725,505$476,857,447