Can I retire at age 51 with 7,600,000?

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 $7,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$627,601$622,011$616,556$611,233$606,035$583,836
2 years$310,694$304,907$299,299$293,862$288,588$266,470
3 years$205,072$199,260$193,666$188,280$183,092$161,751
4 years$152,271$146,477$140,940$135,645$130,583$110,181
5 years$120,599$114,840$109,375$104,189$99,267$79,857
6 years$99,491$93,775$88,391$83,320$78,547$60,143
7 years$84,420$78,753$73,453$68,502$63,879$46,478
8 years$73,122$67,505$62,294$57,465$52,994$36,580
9 years$64,339$58,776$53,654$48,947$44,629$29,178
10 years$57,317$51,808$46,777$42,193$38,026$23,512
11 years$51,575$46,121$41,182$36,721$32,704$19,096
12 years$46,794$41,396$36,548$32,209$28,340$15,605
13 years$42,751$37,410$32,653$28,436$24,713$12,815
14 years$39,289$34,005$29,339$25,242$21,663$10,565
15 years$36,291$31,064$26,489$22,511$19,074$8,738
16 years$33,671$28,501$24,016$20,157$16,858$7,246
17 years$31,361$26,248$21,854$18,110$14,947$6,021
18 years$29,310$24,254$19,950$16,321$13,290$5,012
19 years$27,477$22,479$18,263$14,748$11,846$4,178
20 years$25,830$20,888$16,761$13,357$10,581$3,487
21 years$24,341$19,457$15,417$12,122$9,469$2,913
22 years$22,990$18,162$14,209$11,022$8,488$2,436
23 years$21,758$16,987$13,119$10,038$7,619$2,038
24 years$20,630$15,915$12,133$9,155$6,848$1,706
25 years$19,594$14,936$11,238$8,361$6,162$1,429
26 years$18,639$14,037$10,422$7,645$5,551$1,197
27 years$17,757$13,211$9,678$6,997$5,004$1,004
28 years$16,939$12,448$8,997$6,411$4,516$842
29 years$16,179$11,744$8,373$5,879$4,077$706
30 years$15,470$11,091$7,799$5,396$3,684$592
31 years$14,809$10,484$7,271$4,955$3,331$497
32 years$14,190$9,920$6,784$4,554$3,013$417
33 years$13,610$9,395$6,334$4,188$2,727$350
34 years$13,066$8,904$5,918$3,853$2,469$293
35 years$12,553$8,445$5,533$3,547$2,236$246
36 years$12,071$8,016$5,176$3,267$2,026$207
37 years$11,615$7,613$4,845$3,010$1,836$173
38 years$11,184$7,235$4,537$2,774$1,665$146
39 years$10,777$6,880$4,250$2,558$1,510$122
40 years$10,390$6,546$3,984$2,359$1,369$103
41 years$10,024$6,231$3,736$2,177$1,242$86
42 years$9,676$5,934$3,504$2,009$1,127$72
43 years$9,345$5,654$3,288$1,855$1,023$61
44 years$9,030$5,389$3,087$1,712$929$51
45 years$8,730$5,139$2,898$1,581$843$43
46 years$8,443$4,903$2,722$1,461$765$36
47 years$8,170$4,679$2,557$1,350$695$30
48 years$7,909$4,466$2,403$1,247$631$25
49 years$7,659$4,265$2,259$1,153$573$21
50 years$7,420$4,074$2,124$1,065$521$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $7,600,000, adding $6,689 every year, while hoping to spend $57,346 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: 39/43/18 Blend
50$7,600,000$7,600,000$7,600,000$7,600,000
51$8,382,100$7,979,300$7,861,500$8,663,695
52$9,176,058$8,309,270$8,063,844$9,195,946
53$10,049,078$8,653,486$8,271,045$9,765,093
54$11,009,164$9,012,587$8,483,205$10,379,299
55$12,065,134$9,387,238$8,700,427$11,042,674
56$13,226,703$9,778,138$8,922,817$11,759,729
57$14,504,576$10,186,017$9,150,481$12,535,412
58$15,910,548$10,611,637$9,383,527$13,375,159
59$17,457,614$11,055,797$9,622,065$14,284,935
60$19,160,092$11,519,333$9,866,207$15,271,290
61$21,033,761$12,003,119$10,116,063$16,341,422
62$23,096,002$12,508,070$10,371,749$17,503,236
63$25,365,971$13,035,142$10,633,380$18,765,416
64$27,864,774$13,585,338$10,901,072$20,137,508
65$30,615,666$14,159,705$11,174,943$21,630,001
66$33,644,273$14,759,339$11,455,112$23,254,425
67$36,978,830$15,385,388$11,741,700$25,023,455
68$40,650,452$16,039,053$12,034,828$26,951,029
69$44,693,423$16,721,591$12,334,619$29,052,470
70$49,145,520$17,434,317$12,641,197$31,344,632
71$54,048,372$18,178,608$12,954,686$33,846,050
72$59,447,850$18,955,904$13,275,212$36,577,112
73$65,394,501$19,767,714$13,602,903$39,560,246
74$71,944,025$20,615,616$13,937,884$42,820,127
75$79,157,797$21,501,262$14,280,284$46,383,901
76$87,103,451$22,426,383$14,630,233$50,281,442
77$95,855,516$23,392,789$14,987,859$54,545,621
78$105,496,119$24,402,376$15,353,292$59,212,614
79$116,115,758$25,457,128$15,726,663$64,322,236
80$127,814,160$26,559,122$16,108,101$69,918,307
81$140,701,219$27,710,533$16,497,737$76,049,065
82$154,898,033$28,913,639$16,895,701$82,767,606
83$170,538,049$30,170,824$17,302,123$90,132,383
84$187,768,320$31,484,584$17,717,134$98,207,747
85$206,750,893$32,857,533$18,140,863$107,064,547
86$227,664,340$34,292,408$18,573,437$116,780,787
87$250,705,441$35,792,075$19,014,986$127,442,356
88$276,091,044$37,359,535$19,465,636$139,143,830
89$304,060,109$38,997,930$19,925,513$151,989,349
90$334,875,963$40,710,552$20,394,741$166,093,594
91$368,828,788$42,500,846$20,873,442$181,582,858
92$406,238,360$44,372,422$21,361,737$198,596,224
93$447,457,062$46,329,060$21,859,745$217,286,867
94$492,873,217$48,374,719$22,367,581$237,823,489
95$542,914,749$50,513,544$22,885,359$260,391,893
96$598,053,224$52,749,878$23,413,189$285,196,730
97$658,808,300$55,088,269$23,951,178$312,463,410
98$725,752,634$57,533,482$24,499,430$342,440,219
99$799,517,285$60,090,505$25,058,043$375,400,641
100$880,797,674$62,764,566$25,627,114$411,645,932