Can I retire at age 51 with 7,700,000?

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 $7,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$635,859$630,195$624,669$619,275$614,009$601,120
2 years$314,782$308,919$303,237$297,729$292,385$279,461
3 years$207,770$201,882$196,215$190,758$185,501$172,944
4 years$154,274$148,405$142,794$137,430$132,301$120,208
5 years$122,186$116,351$110,814$105,559$100,573$88,979
6 years$100,800$95,009$89,554$84,417$79,580$68,497
7 years$85,531$79,789$74,420$69,404$64,720$54,150
8 years$74,084$68,394$63,114$58,221$53,691$43,631
9 years$65,185$59,549$54,360$49,591$45,216$35,659
10 years$58,071$52,490$47,392$42,748$38,526$29,462
11 years$52,254$46,728$41,723$37,204$33,134$24,552
12 years$47,409$41,941$37,029$32,633$28,713$20,600
13 years$43,314$37,902$33,083$28,810$25,038$17,380
14 years$39,806$34,452$29,725$25,574$21,948$14,730
15 years$36,769$31,473$26,838$22,808$19,325$12,531
16 years$34,114$28,876$24,332$20,422$17,080$10,693
17 years$31,774$26,593$22,141$18,349$15,144$9,149
18 years$29,696$24,573$20,212$16,536$13,465$7,845
19 years$27,839$22,774$18,503$14,942$12,002$6,739
20 years$26,170$21,163$16,981$13,533$10,720$5,799
21 years$24,662$19,713$15,620$12,282$9,594$4,996
22 years$23,292$18,401$14,396$11,167$8,599$4,309
23 years$22,044$17,210$13,292$10,170$7,719$3,721
24 years$20,901$16,125$12,293$9,275$6,938$3,216
25 years$19,852$15,132$11,386$8,471$6,243$2,781
26 years$18,885$14,222$10,560$7,745$5,624$2,406
27 years$17,990$13,384$9,806$7,090$5,070$2,083
28 years$17,162$12,612$9,116$6,496$4,575$1,805
29 years$16,391$11,898$8,483$5,957$4,131$1,564
30 years$15,674$11,236$7,901$5,467$3,733$1,356
31 years$15,004$10,622$7,366$5,021$3,375$1,175
32 years$14,377$10,051$6,873$4,614$3,053$1,019
33 years$13,790$9,518$6,417$4,243$2,763$884
34 years$13,238$9,021$5,996$3,904$2,501$767
35 years$12,719$8,556$5,606$3,594$2,266$666
36 years$12,229$8,121$5,244$3,310$2,053$578
37 years$11,768$7,713$4,908$3,050$1,860$502
38 years$11,331$7,330$4,596$2,811$1,687$436
39 years$10,918$6,970$4,306$2,592$1,529$378
40 years$10,527$6,632$4,036$2,391$1,387$328
41 years$10,156$6,313$3,785$2,206$1,259$285
42 years$9,803$6,012$3,550$2,035$1,142$248
43 years$9,468$5,728$3,331$1,879$1,036$215
44 years$9,149$5,460$3,127$1,735$941$187
45 years$8,845$5,207$2,936$1,602$854$162
46 years$8,554$4,967$2,758$1,480$775$141
47 years$8,278$4,740$2,591$1,367$704$122
48 years$8,013$4,525$2,435$1,263$639$106
49 years$7,760$4,321$2,289$1,168$581$92
50 years$7,518$4,128$2,152$1,079$528$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $7,700,000, adding $3,630 every year, while hoping to spend $38,681 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: 55/27/18 Blend
50$7,700,000$7,700,000$7,700,000$7,700,000
51$8,489,144$8,081,044$7,961,694$8,914,896
52$9,313,881$8,435,859$8,187,255$9,560,608
53$10,221,444$8,806,764$8,419,075$10,258,957
54$11,220,241$9,194,505$8,657,324$11,018,570
55$12,319,536$9,599,866$8,902,175$11,845,317
56$13,529,537$10,023,668$9,153,806$12,745,650
57$14,861,490$10,466,768$9,412,399$13,726,662
58$16,327,788$10,930,066$9,678,140$14,796,155
59$17,942,087$11,414,503$9,951,223$15,962,708
60$19,719,434$11,921,068$10,231,842$17,235,758
61$21,676,409$12,450,793$10,520,202$18,625,683
62$23,831,281$13,004,760$10,816,507$20,143,902
63$26,204,183$13,584,104$11,120,971$21,802,978
64$28,817,297$14,190,013$11,433,811$23,616,732
65$31,695,067$14,823,730$11,755,250$25,600,376
66$34,864,430$15,486,558$12,085,516$27,770,646
67$38,355,067$16,179,865$12,424,846$30,145,962
68$42,199,684$16,905,078$12,773,479$32,746,598
69$46,434,323$17,663,698$13,131,661$35,594,870
70$51,098,698$18,457,294$13,499,647$38,715,340
71$56,236,574$19,287,511$13,877,694$42,135,048
72$61,896,177$20,156,070$14,266,068$45,883,761
73$68,130,648$21,064,779$14,665,043$49,994,250
74$74,998,549$22,015,528$15,074,897$54,502,598
75$82,564,411$23,010,299$15,495,916$59,448,531
76$90,899,345$24,051,168$15,928,393$64,875,793
77$100,081,713$25,140,310$16,372,629$70,832,551
78$110,197,868$26,280,005$16,828,932$77,371,847
79$121,342,967$27,472,642$17,297,618$84,552,090
80$133,621,871$28,720,723$17,779,010$92,437,607
81$147,150,134$30,026,870$18,273,438$101,099,238
82$162,055,093$31,393,831$18,781,243$110,615,005
83$178,477,070$32,824,487$19,302,773$121,070,838
84$196,570,698$34,321,854$19,838,383$132,561,381
85$216,506,379$35,889,095$20,388,438$145,190,877
86$238,471,891$37,529,522$20,953,313$159,074,148
87$262,674,165$39,246,609$21,533,389$174,337,668
88$289,341,232$41,043,995$22,129,060$191,120,753
89$318,724,380$42,925,493$22,740,726$209,576,862
90$351,100,525$44,895,101$23,368,798$229,875,044
91$386,774,824$46,957,006$24,013,699$252,201,518
92$426,083,556$49,115,599$24,675,857$276,761,428
93$469,397,296$51,375,481$25,355,716$303,780,764
94$517,124,413$53,741,473$26,053,726$333,508,489
95$569,714,928$56,218,630$26,770,350$366,218,878
96$627,664,756$58,812,247$27,506,062$402,214,094
97$691,520,391$61,527,878$28,261,345$441,827,030
98$761,884,067$64,371,340$29,036,697$485,424,441
99$839,419,439$67,348,732$29,832,623$533,410,390
100$924,857,849$70,466,448$30,649,643$586,230,051