Can I retire at age 51 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$445,927$441,955$438,080$434,297$430,604$426,817
2 years$220,756$216,645$212,660$208,797$205,049$201,234
3 years$145,709$141,580$137,605$133,778$130,092$126,366
4 years$108,192$104,076$100,141$96,380$92,783$89,174
5 years$85,689$81,597$77,714$74,029$70,532$67,052
6 years$70,691$66,630$62,804$59,201$55,809$52,462
7 years$59,983$55,956$52,191$48,673$45,388$42,175
8 years$51,955$47,964$44,262$40,830$37,654$34,575
9 years$45,714$41,762$38,123$34,778$31,710$28,764
10 years$40,725$36,811$33,236$29,979$27,018$24,204
11 years$36,645$32,771$29,261$26,091$23,237$20,552
12 years$33,248$29,413$25,968$22,885$20,136$17,579
13 years$30,376$26,581$23,201$20,204$17,559$15,126
14 years$27,916$24,161$20,846$17,935$15,392$13,079
15 years$25,786$22,072$18,821$15,995$13,553$11,357
16 years$23,924$20,250$17,064$14,322$11,978$9,896
17 years$22,283$18,650$15,528$12,868$10,620$8,649
18 years$20,826$17,233$14,175$11,597$9,443$7,579
19 years$19,523$15,972$12,976$10,479$8,417$6,655
20 years$18,353$14,842$11,909$9,490$7,518$5,855
21 years$17,295$13,824$10,954$8,613$6,728$5,160
22 years$16,335$12,905$10,096$7,831$6,031$4,554
23 years$15,459$12,069$9,322$7,132$5,413$4,024
24 years$14,658$11,308$8,621$6,505$4,866$3,560
25 years$13,922$10,612$7,985$5,941$4,378$3,152
26 years$13,244$9,974$7,405$5,432$3,944$2,794
27 years$12,617$9,386$6,877$4,972$3,556$2,478
28 years$12,035$8,845$6,393$4,555$3,208$2,199
29 years$11,495$8,344$5,949$4,177$2,897$1,952
30 years$10,992$7,880$5,541$3,834$2,618$1,735
31 years$10,522$7,449$5,166$3,521$2,367$1,542
32 years$10,083$7,049$4,820$3,236$2,141$1,371
33 years$9,671$6,675$4,500$2,976$1,937$1,219
34 years$9,284$6,326$4,205$2,738$1,754$1,085
35 years$8,920$6,001$3,931$2,520$1,589$966
36 years$8,576$5,695$3,678$2,321$1,440$860
37 years$8,253$5,409$3,442$2,139$1,305$766
38 years$7,947$5,141$3,223$1,971$1,183$682
39 years$7,657$4,888$3,020$1,818$1,073$607
40 years$7,383$4,651$2,831$1,676$973$541
41 years$7,122$4,427$2,654$1,547$883$482
42 years$6,875$4,216$2,490$1,427$801$430
43 years$6,640$4,017$2,336$1,318$727$383
44 years$6,416$3,829$2,193$1,217$660$341
45 years$6,203$3,652$2,059$1,124$599$304
46 years$5,999$3,484$1,934$1,038$544$271
47 years$5,805$3,324$1,817$959$494$242
48 years$5,619$3,174$1,707$886$448$216
49 years$5,442$3,031$1,605$819$407$192
50 years$5,272$2,895$1,509$757$370$171

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $5,400,000, adding $3,897 every year, while hoping to spend $42,126 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: 29/41/30 Blend
50$5,400,000$5,400,000$5,400,000$5,400,000
51$5,954,820$5,668,620$5,584,920$6,072,422
52$6,517,390$5,901,560$5,727,193$6,399,422
53$7,135,930$6,144,503$5,872,820$6,746,819
54$7,816,105$6,397,894$6,021,870$7,119,470
55$8,564,155$6,662,198$6,174,410$7,519,591
56$9,386,957$6,937,904$6,330,511$7,949,612
57$10,292,087$7,225,522$6,490,243$8,412,195
58$11,287,891$7,525,583$6,653,677$8,910,259
59$12,383,566$7,838,647$6,820,886$9,447,005
60$13,589,246$8,165,297$6,991,942$10,025,946
61$14,916,096$8,506,144$7,166,919$10,650,935
62$16,376,418$8,861,825$7,345,891$11,326,202
63$17,983,768$9,233,010$7,528,933$12,056,388
64$19,753,081$9,620,396$7,716,122$12,846,593
65$21,700,816$10,024,716$7,907,533$13,702,413
66$23,845,107$10,446,735$8,103,243$14,629,998
67$26,205,936$10,887,253$8,303,329$15,636,101
68$28,805,321$11,347,109$8,507,871$16,728,144
69$31,667,525$11,827,178$8,716,945$17,914,282
70$34,819,281$12,328,378$8,930,632$19,203,478
71$38,290,049$12,851,670$9,149,009$20,605,584
72$42,112,290$13,398,058$9,372,157$22,131,431
73$46,321,775$13,968,594$9,600,155$23,792,928
74$50,957,919$14,564,378$9,833,083$25,603,168
75$56,064,156$15,186,562$10,071,021$27,576,554
76$61,688,348$15,836,352$10,314,049$29,728,924
77$67,883,236$16,515,009$10,562,245$32,077,701
78$74,706,936$17,223,855$10,815,691$34,642,051
79$82,223,492$17,964,272$11,074,465$37,443,059
80$90,503,474$18,737,707$11,338,645$40,503,927
81$99,624,650$19,545,677$11,608,312$43,850,183
82$109,672,716$20,389,766$11,883,541$47,509,920
83$120,742,104$21,271,635$12,164,411$51,514,056
84$132,936,876$22,193,024$12,450,997$55,896,618
85$146,371,707$23,155,751$12,743,375$60,695,059
86$161,172,962$24,161,723$13,041,618$65,950,608
87$177,479,891$25,212,935$13,345,800$71,708,646
88$195,445,947$26,311,476$13,655,991$78,019,134
89$215,240,229$27,459,533$13,972,262$84,937,075
90$237,049,079$28,659,398$14,294,679$92,523,029
91$261,077,844$29,913,467$14,623,310$100,843,670
92$287,552,810$31,224,253$14,958,217$109,972,416
93$316,723,342$32,594,386$15,299,462$119,990,110
94$348,864,232$34,026,620$15,647,103$130,985,772
95$384,278,298$35,523,840$16,001,196$143,057,435
96$423,299,242$37,089,065$16,361,794$156,313,060
97$466,294,796$38,725,461$16,728,945$170,871,541
98$513,670,196$40,436,339$17,102,695$186,863,825
99$565,872,006$42,225,170$17,483,086$204,434,129
100$623,392,336$44,095,588$17,870,154$223,741,297