Can I retire at age 51 with 7,800,000?

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 $7,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$644,117$638,379$632,782$627,318$621,983$603,281
2 years$318,870$312,931$307,176$301,595$296,182$277,498
3 years$210,468$204,504$198,763$193,235$187,910$169,829
4 years$156,278$150,332$144,648$139,215$134,019$116,680
5 years$123,772$117,862$112,253$106,930$101,879$85,330
6 years$102,109$96,243$90,717$85,513$80,614$64,868
7 years$86,641$80,825$75,386$70,305$65,560$50,617
8 years$75,046$69,282$63,934$58,977$54,389$40,240
9 years$66,032$60,322$55,066$50,235$45,803$32,433
10 years$58,825$53,171$48,008$43,303$39,027$26,416
11 years$52,932$47,335$42,265$37,687$33,564$21,692
12 years$48,025$42,486$37,509$33,057$29,086$17,928
13 years$43,876$38,395$33,512$29,184$25,364$14,894
14 years$40,323$34,900$30,111$25,906$22,234$12,425
15 years$37,246$31,881$27,186$23,104$19,576$10,401
16 years$34,557$29,251$24,648$20,687$17,301$8,731
17 years$32,186$26,939$22,429$18,587$15,341$7,347
18 years$30,082$24,893$20,475$16,751$13,640$6,194
19 years$28,201$23,070$18,744$15,136$12,158$5,230
20 years$26,510$21,438$17,202$13,708$10,860$4,422
21 years$24,982$19,969$15,822$12,441$9,718$3,743
22 years$23,595$18,640$14,583$11,312$8,711$3,172
23 years$22,330$17,434$13,465$10,302$7,819$2,690
24 years$21,173$16,334$12,453$9,396$7,028$2,282
25 years$20,110$15,329$11,534$8,581$6,324$1,938
26 years$19,130$14,407$10,697$7,846$5,697$1,646
27 years$18,224$13,558$9,933$7,182$5,136$1,399
28 years$17,384$12,776$9,234$6,580$4,634$1,189
29 years$16,604$12,053$8,593$6,034$4,185$1,011
30 years$15,877$11,382$8,004$5,538$3,781$860
31 years$15,199$10,760$7,462$5,086$3,419$732
32 years$14,564$10,181$6,962$4,674$3,092$623
33 years$13,969$9,642$6,501$4,298$2,799$530
34 years$13,410$9,138$6,074$3,955$2,534$451
35 years$12,884$8,667$5,678$3,640$2,295$384
36 years$12,388$8,227$5,312$3,353$2,079$327
37 years$11,921$7,813$4,972$3,089$1,885$278
38 years$11,479$7,426$4,656$2,847$1,709$237
39 years$11,060$7,061$4,362$2,625$1,549$202
40 years$10,664$6,718$4,089$2,422$1,405$172
41 years$10,288$6,395$3,834$2,234$1,275$146
42 years$9,931$6,090$3,596$2,062$1,157$125
43 years$9,591$5,803$3,375$1,903$1,050$106
44 years$9,268$5,531$3,168$1,757$953$90
45 years$8,959$5,275$2,974$1,623$865$77
46 years$8,666$5,032$2,794$1,499$786$66
47 years$8,385$4,802$2,625$1,385$713$56
48 years$8,117$4,584$2,466$1,280$648$48
49 years$7,861$4,377$2,318$1,183$588$41
50 years$7,616$4,182$2,179$1,093$534$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $7,800,000, adding $4,112 every year, while hoping to spend $29,413 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: 51/34/15 Blend
50$7,800,000$7,800,000$7,800,000$7,800,000
51$8,599,842$8,186,442$8,065,542$9,003,107
52$9,445,730$8,556,282$8,304,442$9,650,076
53$10,376,914$8,943,259$8,550,360$10,349,634
54$11,402,061$9,348,181$8,803,499$11,109,525
55$12,530,724$9,771,895$9,064,069$11,935,451
56$13,773,430$10,215,289$9,332,287$12,833,677
57$15,141,775$10,679,293$9,608,374$13,811,089
58$16,648,540$11,164,883$9,892,559$14,875,252
59$18,307,808$11,673,079$10,185,076$16,034,482
60$20,135,096$12,204,952$10,486,168$17,297,919
61$22,147,505$12,761,623$10,796,083$18,675,613
62$24,363,875$13,344,268$11,115,078$20,178,612
63$26,804,972$13,954,118$11,443,414$21,819,066
64$29,493,673$14,592,464$11,781,363$23,610,335
65$32,455,192$15,260,659$12,129,202$25,567,116
66$35,717,311$15,960,120$12,487,220$27,705,572
67$39,310,644$16,692,333$12,855,709$30,043,485
68$43,268,927$17,458,855$13,234,972$32,600,418
69$47,629,335$18,261,317$13,625,322$35,397,894
70$52,432,835$19,101,430$14,027,078$38,459,597
71$57,724,570$19,980,985$14,440,570$41,811,588
72$63,554,284$20,901,861$14,866,138$45,482,549
73$69,976,796$21,866,028$15,304,128$49,504,043
74$77,052,514$22,875,547$15,754,901$53,910,813
75$84,848,004$23,932,583$16,218,824$58,741,101
76$93,436,623$25,039,402$16,696,277$64,036,999
77$102,899,205$26,198,379$17,187,649$69,844,849
78$113,324,830$27,412,006$17,693,342$76,215,664
79$124,811,662$28,682,893$18,213,767$83,205,609
80$137,467,872$30,013,776$18,749,350$90,876,522
81$151,412,667$31,407,523$19,300,525$99,296,488
82$166,777,408$32,867,140$19,867,741$108,540,478
83$183,706,852$34,395,779$20,451,459$118,691,044
84$202,360,522$35,996,743$21,052,154$129,839,092
85$222,914,206$37,673,495$21,670,312$142,084,730
86$245,561,623$39,429,664$22,306,435$155,538,203
87$270,516,247$41,269,055$22,961,039$170,320,927
88$298,013,323$43,195,658$23,634,653$186,566,618
89$328,312,091$45,213,654$24,327,823$204,422,551
90$361,698,227$47,327,426$25,041,107$224,050,931
91$398,486,546$49,541,569$25,775,084$245,630,419
92$439,023,968$51,860,901$26,530,344$269,357,802
93$483,692,800$54,290,472$27,307,498$295,449,838
94$532,914,336$56,835,576$28,107,169$324,145,291
95$587,152,843$59,501,763$28,930,004$355,707,166
96$646,919,936$62,294,853$29,776,662$390,425,180
97$712,779,414$65,220,946$30,647,825$428,618,481
98$785,352,579$68,286,437$31,544,192$470,638,642
99$865,324,101$71,498,031$32,466,482$516,872,964
100$953,448,484$74,862,759$33,415,433$567,748,117