Can I retire at age 51 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$470,701$466,508$462,417$458,425$454,526$450,906
2 years$233,020$228,680$224,474$220,396$216,441$212,792
3 years$153,804$149,445$145,250$141,210$137,319$133,754
4 years$114,203$109,858$105,705$101,734$97,937$94,483
5 years$90,449$86,130$82,031$78,141$74,450$71,118
6 years$74,618$70,332$66,293$62,490$58,910$55,704
7 years$63,315$59,064$55,090$51,377$47,910$44,831
8 years$54,841$50,629$46,721$43,099$39,746$36,794
9 years$48,254$44,082$40,241$36,711$33,472$30,646
10 years$42,987$38,856$35,083$31,645$28,519$25,819
11 years$38,681$34,591$30,886$27,540$24,528$21,950
12 years$35,095$31,047$27,411$24,157$21,255$18,798
13 years$32,063$28,058$24,490$21,327$18,535$16,196
14 years$29,467$25,504$22,004$18,931$16,248$14,023
15 years$27,218$23,298$19,867$16,884$14,306$12,193
16 years$25,253$21,375$18,012$15,117$12,643$10,639
17 years$23,521$19,686$16,390$13,583$11,210$9,311
18 years$21,983$18,191$14,962$12,241$9,968$8,170
19 years$20,608$16,859$13,697$11,061$8,885$7,185
20 years$19,372$15,666$12,571$10,018$7,936$6,331
21 years$18,256$14,592$11,563$9,092$7,102$5,588
22 years$17,242$13,621$10,657$8,266$6,366$4,939
23 years$16,318$12,740$9,840$7,528$5,714$4,371
24 years$15,472$11,936$9,100$6,866$5,136$3,872
25 years$14,695$11,202$8,428$6,271$4,622$3,434
26 years$13,979$10,528$7,817$5,734$4,163$3,048
27 years$13,318$9,908$7,259$5,248$3,753$2,708
28 years$12,704$9,336$6,748$4,808$3,387$2,407
29 years$12,134$8,808$6,279$4,409$3,058$2,141
30 years$11,603$8,318$5,849$4,047$2,763$1,905
31 years$11,107$7,863$5,453$3,717$2,498$1,696
32 years$10,643$7,440$5,088$3,416$2,260$1,511
33 years$10,208$7,046$4,750$3,141$2,045$1,346
34 years$9,799$6,678$4,438$2,890$1,852$1,200
35 years$9,415$6,334$4,150$2,660$1,677$1,069
36 years$9,053$6,012$3,882$2,450$1,520$954
37 years$8,711$5,710$3,633$2,257$1,377$851
38 years$8,388$5,426$3,403$2,081$1,249$759
39 years$8,082$5,160$3,188$1,919$1,132$677
40 years$7,793$4,909$2,988$1,770$1,027$604
41 years$7,518$4,673$2,802$1,633$932$539
42 years$7,257$4,451$2,628$1,507$845$482
43 years$7,009$4,241$2,466$1,391$767$430
44 years$6,772$4,042$2,315$1,284$696$384
45 years$6,547$3,855$2,174$1,186$632$343
46 years$6,333$3,677$2,042$1,096$574$306
47 years$6,128$3,509$1,918$1,012$521$273
48 years$5,932$3,350$1,802$935$473$244
49 years$5,744$3,199$1,694$864$430$218
50 years$5,565$3,056$1,593$799$391$195

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $5,700,000, adding $6,497 every year, while hoping to spend $59,291 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: 61/25/14 Blend
50$5,700,000$5,700,000$5,700,000$5,700,000
51$6,288,102$5,986,002$5,897,652$6,649,617
52$6,866,403$6,216,231$6,032,138$7,123,724
53$7,501,704$6,455,754$6,169,142$7,633,581
54$8,199,755$6,704,963$6,308,686$8,188,533
55$8,966,894$6,964,270$6,450,791$8,792,951
56$9,810,100$7,234,102$6,595,475$9,451,641
57$10,737,063$7,514,906$6,742,756$10,169,893
58$11,756,255$7,807,149$6,892,651$10,953,528
59$12,877,012$8,111,318$7,045,174$11,808,949
60$14,109,617$8,427,922$7,200,337$12,743,206
61$15,465,401$8,757,493$7,358,151$13,764,057
62$16,956,848$9,100,586$7,518,625$14,880,041
63$18,597,713$9,457,781$7,681,765$16,100,557
64$20,403,151$9,829,684$7,847,575$17,435,952
65$22,389,860$10,216,926$8,016,057$18,897,618
66$24,576,240$10,620,170$8,187,209$20,498,096
67$26,982,563$11,040,104$8,361,027$22,251,195
68$29,631,166$11,477,452$8,537,503$24,172,118
69$32,546,664$11,932,965$8,716,628$26,277,608
70$35,756,175$12,407,431$8,898,386$28,586,099
71$39,289,583$12,901,674$9,082,761$31,117,894
72$43,179,816$13,416,552$9,269,729$33,895,350
73$47,463,159$13,952,965$9,459,267$36,943,089
74$52,179,591$14,511,850$9,651,342$40,288,230
75$57,373,167$15,094,188$9,845,920$43,960,639
76$63,092,433$15,701,006$10,042,961$47,993,213
77$69,390,881$16,333,375$10,242,420$52,422,185
78$76,327,456$16,992,416$10,444,246$57,287,466
79$83,967,110$17,679,298$10,648,382$62,633,019
80$92,381,419$18,395,247$10,854,766$68,507,268
81$101,649,251$19,141,541$11,063,328$74,963,557
82$111,857,517$19,919,519$11,273,992$82,060,650
83$123,101,988$20,730,580$11,486,675$89,863,281
84$135,488,197$21,576,185$11,701,285$98,442,762
85$149,132,439$22,457,863$11,917,724$107,877,655
86$164,162,863$23,377,214$12,135,883$118,254,510
87$180,720,687$24,335,909$12,355,646$129,668,677
88$198,961,524$25,335,696$12,576,888$142,225,204
89$219,056,858$26,378,404$12,799,472$156,039,826
90$241,195,656$27,465,944$13,023,253$171,240,050
91$265,586,153$28,600,315$13,248,072$187,966,359
92$292,457,820$29,783,610$13,473,762$206,373,533
93$322,063,526$31,018,016$13,700,142$226,632,102
94$354,681,927$32,305,820$13,927,018$248,929,958
95$390,620,095$33,649,416$14,154,184$273,474,119
96$430,216,415$35,051,308$14,381,419$300,492,679
97$473,843,781$36,514,114$14,608,489$330,236,958
98$521,913,116$38,040,574$14,835,142$362,983,870
99$574,877,246$39,633,555$15,061,112$399,038,527
100$633,235,181$41,296,055$15,286,115$438,737,120