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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.2%
1 years$759,727$752,960$746,358$739,913$733,621$723,854
2 years$376,103$369,098$362,310$355,728$349,343$339,519
3 years$248,244$241,210$234,438$227,918$221,638$212,061
4 years$184,328$177,315$170,611$164,202$158,074$148,819
5 years$145,988$139,017$132,401$126,123$120,165$111,259
6 years$120,436$113,518$107,000$100,862$95,083$86,535
7 years$102,192$95,332$88,917$82,924$77,328$69,143
8 years$88,516$81,717$75,409$69,563$64,151$56,327
9 years$77,884$71,149$64,950$59,252$54,024$46,558
10 years$69,383$62,715$56,625$51,076$46,031$38,918
11 years$62,433$55,831$49,851$44,451$39,588$32,821
12 years$56,645$50,111$44,242$38,990$34,307$27,877
13 years$51,751$45,286$39,527$34,422$29,916$23,816
14 years$47,560$41,164$35,515$30,556$26,224$20,445
15 years$43,932$37,604$32,066$27,251$23,090$17,621
16 years$40,759$34,501$29,072$24,400$20,407$15,239
17 years$37,963$31,774$26,455$21,923$18,094$13,216
18 years$35,481$29,360$24,150$19,757$16,088$11,490
19 years$33,262$27,211$22,108$17,852$14,340$10,009
20 years$31,268$25,286$20,289$16,169$12,809$8,736
21 years$29,466$23,553$18,662$14,674$11,462$7,636
22 years$27,830$21,986$17,200$13,342$10,274$6,683
23 years$26,338$20,563$15,881$12,151$9,223$5,856
24 years$24,973$19,266$14,688$11,082$8,290$5,136
25 years$23,719$18,080$13,604$10,121$7,460$4,509
26 years$22,563$16,992$12,617$9,254$6,719$3,962
27 years$21,495$15,992$11,716$8,471$6,058$3,483
28 years$20,505$15,069$10,891$7,761$5,466$3,064
29 years$19,585$14,216$10,135$7,117$4,936$2,696
30 years$18,727$13,425$9,441$6,532$4,460$2,374
31 years$17,927$12,691$8,801$5,999$4,032$2,091
32 years$17,178$12,009$8,212$5,513$3,647$1,843
33 years$16,476$11,372$7,667$5,070$3,301$1,624
34 years$15,817$10,778$7,164$4,664$2,989$1,432
35 years$15,196$10,223$6,698$4,294$2,707$1,263
36 years$14,612$9,703$6,266$3,955$2,453$1,114
37 years$14,060$9,216$5,864$3,644$2,223$983
38 years$13,539$8,758$5,492$3,358$2,015$867
39 years$13,045$8,328$5,145$3,097$1,827$765
40 years$12,578$7,924$4,823$2,856$1,658$675
41 years$12,134$7,543$4,522$2,635$1,504$596
42 years$11,713$7,183$4,242$2,432$1,365$526
43 years$11,312$6,844$3,980$2,245$1,238$464
44 years$10,931$6,524$3,736$2,073$1,124$410
45 years$10,568$6,221$3,508$1,914$1,020$362
46 years$10,221$5,935$3,295$1,768$927$320
47 years$9,890$5,664$3,096$1,634$841$282
48 years$9,574$5,407$2,909$1,510$764$249
49 years$9,272$5,163$2,734$1,395$694$220
50 years$8,982$4,932$2,571$1,290$630$194

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 $6,209 every year, while hoping to spend $25,115 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: 51/32/17 Blend
50$9,200,000$9,200,000$9,200,000$9,200,000
51$10,144,805$9,657,205$9,514,605$10,614,512
52$11,152,852$10,103,685$9,806,622$11,384,667
53$12,262,880$10,571,202$10,107,580$12,218,399
54$13,485,261$11,060,759$10,417,751$13,124,296
55$14,831,430$11,573,408$10,737,418$14,109,185
56$16,313,984$12,110,254$11,066,870$15,180,569
57$17,946,806$12,672,452$11,406,406$16,346,691
58$19,745,193$13,261,214$11,756,333$17,616,609
59$21,726,001$13,877,812$12,116,969$19,000,279
60$23,907,806$14,523,578$12,488,640$20,508,645
61$26,311,076$15,199,907$12,871,683$22,153,739
62$28,958,367$15,908,264$13,266,446$23,948,790
63$31,874,534$16,650,182$13,673,285$25,908,345
64$35,086,966$17,427,270$14,092,570$28,048,402
65$38,625,844$18,241,215$14,524,679$30,386,557
66$42,524,429$19,093,783$14,970,004$32,942,163
67$46,819,369$19,986,827$15,428,948$35,736,512
68$51,551,054$20,922,290$15,901,926$38,793,028
69$56,763,987$21,902,208$16,389,367$42,137,482
70$62,507,214$22,928,717$16,891,711$45,798,233
71$68,834,779$24,004,052$17,409,412$49,806,485
72$75,806,237$25,130,562$17,942,939$54,196,580
73$83,487,220$26,310,706$18,492,773$59,006,315
74$91,950,048$27,547,063$19,059,413$64,277,288
75$101,274,419$28,842,335$19,643,370$70,055,289
76$111,548,159$30,199,358$20,245,171$76,390,721
77$122,868,048$31,621,103$20,865,361$83,339,070
78$135,340,737$33,110,687$21,504,500$90,961,422
79$149,083,756$34,671,374$22,163,164$99,325,028
80$164,226,618$36,306,590$22,841,949$108,503,930
81$180,912,047$38,019,926$23,541,467$118,579,656
82$199,297,319$39,815,146$24,262,350$129,641,974
83$219,555,755$41,696,198$25,005,249$141,789,732
84$241,878,350$43,667,220$25,770,832$155,131,780
85$266,475,579$45,732,551$26,559,792$169,787,988
86$293,579,383$47,896,740$27,372,840$185,890,363
87$323,445,358$50,164,559$28,210,709$203,584,287
88$356,355,171$52,541,008$29,074,154$223,029,872
89$392,619,214$55,031,333$29,963,953$244,403,464
90$432,579,537$57,641,032$30,880,909$267,899,288
91$476,613,078$60,375,871$31,825,847$293,731,271
92$525,135,218$63,241,895$32,799,620$322,135,045
93$578,603,707$66,245,444$33,803,103$353,370,157
94$637,522,979$69,393,165$34,837,202$387,722,500
95$702,448,921$72,692,027$35,902,845$425,506,995
96$773,994,114$76,149,340$37,000,994$467,070,549
97$852,833,622$79,772,766$38,132,636$512,795,307
98$939,711,361$83,570,342$39,298,789$563,102,240
99$1,035,447,125$87,550,493$40,500,503$618,455,104
100$1,140,944,320$91,722,055$41,738,858$679,364,785