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%18.4%
1 years$445,927$441,955$438,080$434,297$430,604$415,988
2 years$220,756$216,645$212,660$208,797$205,049$190,471
3 years$145,709$141,580$137,605$133,778$130,092$116,008
4 years$108,192$104,076$100,141$96,380$92,783$79,301
5 years$85,689$81,597$77,714$74,029$70,532$57,689
6 years$70,691$66,630$62,804$59,201$55,809$43,615
7 years$59,983$55,956$52,191$48,673$45,388$33,841
8 years$51,955$47,964$44,262$40,830$37,654$26,744
9 years$45,714$41,762$38,123$34,778$31,710$21,425
10 years$40,725$36,811$33,236$29,979$27,018$17,341
11 years$36,645$32,771$29,261$26,091$23,237$14,148
12 years$33,248$29,413$25,968$22,885$20,136$11,615
13 years$30,376$26,581$23,201$20,204$17,559$9,584
14 years$27,916$24,161$20,846$17,935$15,392$7,940
15 years$25,786$22,072$18,821$15,995$13,553$6,600
16 years$23,924$20,250$17,064$14,322$11,978$5,501
17 years$22,283$18,650$15,528$12,868$10,620$4,594
18 years$20,826$17,233$14,175$11,597$9,443$3,845
19 years$19,523$15,972$12,976$10,479$8,417$3,222
20 years$18,353$14,842$11,909$9,490$7,518$2,704
21 years$17,295$13,824$10,954$8,613$6,728$2,271
22 years$16,335$12,905$10,096$7,831$6,031$1,909
23 years$15,459$12,069$9,322$7,132$5,413$1,606
24 years$14,658$11,308$8,621$6,505$4,866$1,352
25 years$13,922$10,612$7,985$5,941$4,378$1,139
26 years$13,244$9,974$7,405$5,432$3,944$960
27 years$12,617$9,386$6,877$4,972$3,556$809
28 years$12,035$8,845$6,393$4,555$3,208$682
29 years$11,495$8,344$5,949$4,177$2,897$575
30 years$10,992$7,880$5,541$3,834$2,618$485
31 years$10,522$7,449$5,166$3,521$2,367$410
32 years$10,083$7,049$4,820$3,236$2,141$346
33 years$9,671$6,675$4,500$2,976$1,937$292
34 years$9,284$6,326$4,205$2,738$1,754$246
35 years$8,920$6,001$3,931$2,520$1,589$208
36 years$8,576$5,695$3,678$2,321$1,440$175
37 years$8,253$5,409$3,442$2,139$1,305$148
38 years$7,947$5,141$3,223$1,971$1,183$125
39 years$7,657$4,888$3,020$1,818$1,073$106
40 years$7,383$4,651$2,831$1,676$973$89
41 years$7,122$4,427$2,654$1,547$883$75
42 years$6,875$4,216$2,490$1,427$801$64
43 years$6,640$4,017$2,336$1,318$727$54
44 years$6,416$3,829$2,193$1,217$660$45
45 years$6,203$3,652$2,059$1,124$599$38
46 years$5,999$3,484$1,934$1,038$544$32
47 years$5,805$3,324$1,817$959$494$27
48 years$5,619$3,174$1,707$886$448$23
49 years$5,442$3,031$1,605$819$407$19
50 years$5,272$2,895$1,509$757$370$16

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 $3,120 every year, while hoping to spend $52,360 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: 42/41/17 Blend
50$5,400,000$5,400,000$5,400,000$5,400,000
51$5,954,018$5,667,818$5,584,118$6,174,311
52$6,505,618$5,889,831$5,715,476$6,552,221
53$7,111,725$6,120,967$5,849,479$6,955,825
54$7,777,845$6,361,619$5,986,160$7,391,773
55$8,510,043$6,612,195$6,125,554$7,863,052
56$9,314,998$6,873,124$6,267,691$8,372,946
57$10,200,072$7,144,851$6,412,603$8,925,057
58$11,173,375$7,427,844$6,560,321$9,523,347
59$12,243,841$7,722,590$6,710,873$10,172,165
60$13,421,313$8,029,598$6,864,288$10,876,291
61$14,716,639$8,349,400$7,020,594$11,640,980
62$16,141,769$8,682,553$7,179,816$12,472,006
63$17,709,868$9,029,637$7,341,978$13,375,718
64$19,435,445$9,391,260$7,507,105$14,359,096
65$21,334,485$9,768,056$7,675,218$15,429,815
66$23,424,601$10,160,689$7,846,336$16,596,317
67$25,725,199$10,569,852$8,020,477$17,867,885
68$28,257,664$10,996,270$8,197,658$19,254,730
69$31,045,559$11,440,699$8,377,892$20,768,088
70$34,114,845$11,903,933$8,561,191$22,420,317
71$37,494,131$12,386,798$8,747,563$24,225,016
72$41,214,941$12,890,160$8,937,015$26,197,150
73$45,312,011$13,414,923$9,129,551$28,353,185
74$49,823,616$13,962,034$9,325,171$30,711,243
75$54,791,933$14,532,482$9,523,872$33,291,272
76$60,263,437$15,127,300$9,725,648$36,115,225
77$66,289,340$15,747,570$9,930,490$39,207,269
78$72,926,074$16,394,423$10,138,383$42,594,008
79$80,235,825$17,069,041$10,349,310$46,304,728
80$88,287,116$17,772,661$10,563,249$50,371,674
81$97,155,457$18,506,577$10,780,173$54,830,346
82$106,924,055$19,272,140$11,000,050$59,719,832
83$117,684,601$20,070,767$11,222,844$65,083,174
84$129,538,132$20,903,936$11,448,511$70,967,763
85$142,595,989$21,773,197$11,677,003$77,425,792
86$156,980,864$22,680,167$11,908,267$84,514,733
87$172,827,958$23,626,542$12,142,241$92,297,883
88$190,286,261$24,614,093$12,378,856$100,844,948
89$209,519,950$25,644,675$12,618,039$110,232,703
90$230,709,947$26,720,226$12,859,705$120,545,704
91$254,055,622$27,842,777$13,103,765$131,877,085
92$279,776,672$29,014,450$13,350,119$144,329,428
93$308,115,203$30,237,468$13,598,657$158,015,724
94$339,338,004$31,514,155$13,849,263$173,060,436
95$373,739,076$32,846,944$14,101,809$189,600,661
96$411,642,398$34,238,380$14,356,155$207,787,421
97$453,404,989$35,691,127$14,612,153$227,787,080
98$499,420,279$37,207,974$14,869,642$249,782,903
99$550,121,820$38,791,837$15,128,448$273,976,781
100$605,987,380$40,445,771$15,388,385$300,591,124