Can I retire at age 51 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$759,727$752,960$746,358$739,913$733,621$727,474
2 years$376,103$369,098$362,310$355,728$349,343$343,148
3 years$248,244$241,210$234,438$227,918$221,638$215,586
4 years$184,328$177,315$170,611$164,202$158,074$152,213
5 years$145,988$139,017$132,401$126,123$120,165$114,512
6 years$120,436$113,518$107,000$100,862$95,083$89,644
7 years$102,192$95,332$88,917$82,924$77,328$72,106
8 years$88,516$81,717$75,409$69,563$64,151$59,146
9 years$77,884$71,149$64,950$59,252$54,024$49,235
10 years$69,383$62,715$56,625$51,076$46,031$41,455
11 years$62,433$55,831$49,851$44,451$39,588$35,221
12 years$56,645$50,111$44,242$38,990$34,307$30,144
13 years$51,751$45,286$39,527$34,422$29,916$25,954
14 years$47,560$41,164$35,515$30,556$26,224$22,458
15 years$43,932$37,604$32,066$27,251$23,090$19,514
16 years$40,759$34,501$29,072$24,400$20,407$17,016
17 years$37,963$31,774$26,455$21,923$18,094$14,882
18 years$35,481$29,360$24,150$19,757$16,088$13,049
19 years$33,262$27,211$22,108$17,852$14,340$11,467
20 years$31,268$25,286$20,289$16,169$12,809$10,096
21 years$29,466$23,553$18,662$14,674$11,462$8,904
22 years$27,830$21,986$17,200$13,342$10,274$7,864
23 years$26,338$20,563$15,881$12,151$9,223$6,955
24 years$24,973$19,266$14,688$11,082$8,290$6,157
25 years$23,719$18,080$13,604$10,121$7,460$5,456
26 years$22,563$16,992$12,617$9,254$6,719$4,839
27 years$21,495$15,992$11,716$8,471$6,058$4,295
28 years$20,505$15,069$10,891$7,761$5,466$3,815
29 years$19,585$14,216$10,135$7,117$4,936$3,390
30 years$18,727$13,425$9,441$6,532$4,460$3,014
31 years$17,927$12,691$8,801$5,999$4,032$2,682
32 years$17,178$12,009$8,212$5,513$3,647$2,386
33 years$16,476$11,372$7,667$5,070$3,301$2,124
34 years$15,817$10,778$7,164$4,664$2,989$1,892
35 years$15,196$10,223$6,698$4,294$2,707$1,685
36 years$14,612$9,703$6,266$3,955$2,453$1,502
37 years$14,060$9,216$5,864$3,644$2,223$1,338
38 years$13,539$8,758$5,492$3,358$2,015$1,193
39 years$13,045$8,328$5,145$3,097$1,827$1,064
40 years$12,578$7,924$4,823$2,856$1,658$948
41 years$12,134$7,543$4,522$2,635$1,504$846
42 years$11,713$7,183$4,242$2,432$1,365$754
43 years$11,312$6,844$3,980$2,245$1,238$673
44 years$10,931$6,524$3,736$2,073$1,124$600
45 years$10,568$6,221$3,508$1,914$1,020$536
46 years$10,221$5,935$3,295$1,768$927$478
47 years$9,890$5,664$3,096$1,634$841$426
48 years$9,574$5,407$2,909$1,510$764$381
49 years$9,272$5,163$2,734$1,395$694$340
50 years$8,982$4,932$2,571$1,290$630$303

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $9,200,000, adding $4,605 every year, while hoping to spend $47,287 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: 32/38/30 Blend
50$9,200,000$9,200,000$9,200,000$9,200,000
51$10,143,150$9,655,550$9,512,950$10,374,975
52$11,127,438$10,078,359$9,781,321$10,977,199
53$12,210,539$10,520,301$10,057,097$11,620,912
54$13,402,482$10,982,263$10,340,477$12,313,348
55$14,714,316$11,465,175$10,631,664$13,058,837
56$16,158,218$11,970,010$10,930,867$13,862,127
57$17,747,603$12,497,788$11,238,298$14,728,420
58$19,497,256$13,049,576$11,554,178$15,663,423
59$21,423,464$13,626,493$11,878,731$16,673,396
60$23,544,175$14,229,710$12,212,187$17,765,207
61$25,879,169$14,860,454$12,554,783$18,946,392
62$28,450,236$15,520,008$12,906,760$20,225,224
63$31,281,392$16,209,720$13,268,368$21,610,785
64$34,399,096$16,930,998$13,639,860$23,113,046
65$37,832,506$17,685,319$14,021,498$24,742,959
66$41,613,752$18,474,231$14,413,549$26,512,554
67$45,778,239$19,299,352$14,816,287$28,435,048
68$50,364,980$20,162,381$15,229,993$30,524,961
69$55,416,965$21,065,095$15,654,955$32,798,252
70$60,981,568$22,009,357$16,091,469$35,272,461
71$67,110,990$22,997,118$16,539,835$37,966,867
72$73,862,757$24,030,422$17,000,365$40,902,668
73$81,300,256$25,111,411$17,473,376$44,103,170
74$89,493,341$26,242,329$17,959,193$47,594,000
75$98,518,985$27,425,526$18,458,149$51,403,342
76$108,462,011$28,663,466$18,970,586$55,562,198
77$119,415,888$29,958,728$19,496,853$60,104,664
78$131,483,620$31,314,017$20,037,309$65,068,254
79$144,778,711$32,732,166$20,592,320$70,494,236
80$159,426,240$34,216,142$21,162,263$76,428,018
81$175,564,040$35,769,056$21,747,522$82,919,566
82$193,343,999$37,394,167$22,348,492$90,023,862
83$212,933,496$39,094,890$22,965,575$97,801,418
84$234,516,976$40,874,804$23,599,185$106,318,830
85$258,297,696$42,737,657$24,249,746$115,649,402
86$284,499,639$44,687,380$24,917,691$125,873,821
87$313,369,630$46,728,090$25,603,462$137,080,905
88$345,179,668$48,864,103$26,307,513$149,368,433
89$380,229,490$51,099,939$27,030,311$162,844,051
90$418,849,400$53,440,339$27,772,328$177,626,275
91$461,403,392$55,890,268$28,534,054$193,845,594
92$508,292,578$58,454,931$29,315,985$211,645,686
93$559,958,981$61,139,783$30,118,630$231,184,758
94$616,889,705$63,950,540$30,942,512$252,637,023
95$679,621,532$66,893,194$31,788,164$276,194,328
96$748,745,992$69,974,024$32,656,131$302,067,939
97$824,914,943$73,199,611$33,546,971$330,490,527
98$908,846,728$76,576,852$34,461,256$361,718,334
99$1,001,332,954$80,112,979$35,399,568$396,033,576
100$1,103,245,968$83,815,567$36,362,506$433,747,083