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%19.9%
1 years$445,927$441,955$438,080$434,297$430,604$413,519
2 years$220,756$216,645$212,660$208,797$205,049$188,049
3 years$145,709$141,580$137,605$133,778$130,092$113,710
4 years$108,192$104,076$100,141$96,380$92,783$77,145
5 years$85,689$81,597$77,714$74,029$70,532$55,678
6 years$70,691$66,630$62,804$59,201$55,809$41,749
7 years$59,983$55,956$52,191$48,673$45,388$32,115
8 years$51,955$47,964$44,262$40,830$37,654$25,156
9 years$45,714$41,762$38,123$34,778$31,710$19,967
10 years$40,725$36,811$33,236$29,979$27,018$16,009
11 years$36,645$32,771$29,261$26,091$23,237$12,934
12 years$33,248$29,413$25,968$22,885$20,136$10,513
13 years$30,376$26,581$23,201$20,204$17,559$8,586
14 years$27,916$24,161$20,846$17,935$15,392$7,039
15 years$25,786$22,072$18,821$15,995$13,553$5,789
16 years$23,924$20,250$17,064$14,322$11,978$4,772
17 years$22,283$18,650$15,528$12,868$10,620$3,942
18 years$20,826$17,233$14,175$11,597$9,443$3,262
19 years$19,523$15,972$12,976$10,479$8,417$2,703
20 years$18,353$14,842$11,909$9,490$7,518$2,242
21 years$17,295$13,824$10,954$8,613$6,728$1,861
22 years$16,335$12,905$10,096$7,831$6,031$1,547
23 years$15,459$12,069$9,322$7,132$5,413$1,286
24 years$14,658$11,308$8,621$6,505$4,866$1,070
25 years$13,922$10,612$7,985$5,941$4,378$890
26 years$13,244$9,974$7,405$5,432$3,944$741
27 years$12,617$9,386$6,877$4,972$3,556$617
28 years$12,035$8,845$6,393$4,555$3,208$514
29 years$11,495$8,344$5,949$4,177$2,897$428
30 years$10,992$7,880$5,541$3,834$2,618$357
31 years$10,522$7,449$5,166$3,521$2,367$298
32 years$10,083$7,049$4,820$3,236$2,141$248
33 years$9,671$6,675$4,500$2,976$1,937$207
34 years$9,284$6,326$4,205$2,738$1,754$172
35 years$8,920$6,001$3,931$2,520$1,589$144
36 years$8,576$5,695$3,678$2,321$1,440$120
37 years$8,253$5,409$3,442$2,139$1,305$100
38 years$7,947$5,141$3,223$1,971$1,183$83
39 years$7,657$4,888$3,020$1,818$1,073$69
40 years$7,383$4,651$2,831$1,676$973$58
41 years$7,122$4,427$2,654$1,547$883$48
42 years$6,875$4,216$2,490$1,427$801$40
43 years$6,640$4,017$2,336$1,318$727$34
44 years$6,416$3,829$2,193$1,217$660$28
45 years$6,203$3,652$2,059$1,124$599$23
46 years$5,999$3,484$1,934$1,038$544$19
47 years$5,805$3,324$1,817$959$494$16
48 years$5,619$3,174$1,707$886$448$14
49 years$5,442$3,031$1,605$819$407$11
50 years$5,272$2,895$1,509$757$370$9

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 $2,701 every year, while hoping to spend $36,357 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: 50/39/11 Blend
50$5,400,000$5,400,000$5,400,000$5,400,000
51$5,953,586$5,667,386$5,583,686$6,233,586
52$6,522,168$5,906,404$5,732,056$6,664,587
53$7,147,527$6,155,916$5,884,178$7,128,622
54$7,835,416$6,416,397$6,040,139$7,632,037
55$8,592,173$6,688,345$6,200,028$8,178,539
56$9,424,782$6,972,281$6,363,936$8,772,200
57$10,340,937$7,268,750$6,531,955$9,417,494
58$11,349,118$7,578,324$6,704,181$10,119,335
59$12,458,665$7,901,599$6,880,708$10,883,127
60$13,679,871$8,239,200$7,061,634$11,714,809
61$15,024,079$8,591,782$7,247,060$12,620,908
62$16,503,786$8,960,030$7,437,087$13,608,602
63$18,132,761$9,344,660$7,631,819$14,685,784
64$19,926,178$9,746,423$7,831,359$15,861,133
65$21,900,755$10,166,105$8,035,817$17,144,195
66$24,074,915$10,604,528$8,245,300$18,545,470
67$26,468,958$11,062,552$8,459,920$20,076,508
68$29,105,254$11,541,079$8,679,789$21,750,016
69$32,008,450$12,041,052$8,905,022$23,579,975
70$35,205,708$12,563,459$9,135,737$25,581,767
71$38,726,957$13,109,335$9,372,050$27,772,321
72$42,605,176$13,679,763$9,614,084$30,170,265
73$46,876,708$14,275,875$9,861,960$32,796,102
74$51,581,600$14,898,860$10,115,802$35,672,397
75$56,763,979$15,549,960$10,375,738$38,823,988
76$62,472,474$16,230,477$10,641,894$42,278,217
77$68,760,670$16,941,775$10,914,402$46,065,181
78$75,687,617$17,685,280$11,193,393$50,218,017
79$83,318,383$18,462,488$11,479,000$54,773,203
80$91,724,672$19,274,964$11,771,361$59,770,905
81$100,985,499$20,124,347$12,070,612$65,255,347
82$111,187,935$21,012,355$12,376,892$71,275,222
83$122,427,929$21,940,786$12,690,343$77,884,152
84$134,811,216$22,911,522$13,011,108$85,141,182
85$148,454,311$23,926,538$13,339,330$93,111,337
86$163,485,611$24,987,898$13,675,158$101,866,225
87$180,046,605$26,097,767$14,018,737$111,484,709
88$198,293,213$27,258,411$14,370,219$122,053,646
89$218,397,253$28,472,206$14,729,754$133,668,696
90$240,548,066$29,741,638$15,097,494$146,435,221
91$264,954,303$31,069,312$15,473,594$160,469,271
92$291,845,891$32,457,958$15,858,209$175,898,672
93$321,476,208$33,910,434$16,251,495$192,864,220
94$354,124,472$35,429,735$16,653,611$211,521,010
95$390,098,375$37,019,000$17,064,714$232,039,883
96$429,736,993$38,681,515$17,484,966$254,609,030
97$473,413,981$40,420,723$17,914,526$279,435,764
98$521,541,101$42,240,233$18,353,557$306,748,461
99$574,572,113$44,143,823$18,802,221$336,798,707
100$633,007,053$46,135,455$19,260,680$369,863,662