Can I retire at age 61 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$429,411$425,586$421,854$418,212$414,655$402,187
2 years$212,580$208,621$204,784$201,063$197,455$184,999
3 years$140,312$136,336$132,509$128,823$125,274$113,220
4 years$104,185$100,221$96,432$92,810$89,346$77,787
5 years$82,515$78,575$74,835$71,287$67,919$56,886
6 years$68,073$64,162$60,478$57,009$53,742$43,245
7 years$57,761$53,883$50,258$46,870$43,707$33,745
8 years$50,031$46,188$42,622$39,318$36,259$26,826
9 years$44,021$40,215$36,711$33,490$30,535$21,622
10 years$39,217$35,447$32,005$28,869$26,018$17,611
11 years$35,288$31,557$28,177$25,125$22,376$14,461
12 years$32,017$28,324$25,006$22,038$19,391$11,952
13 years$29,251$25,596$22,341$19,456$16,909$9,929
14 years$26,882$23,266$20,074$17,271$14,822$8,283
15 years$24,831$21,254$18,124$15,403$13,051$6,934
16 years$23,038$19,500$16,432$13,791$11,534$5,821
17 years$21,458$17,959$14,953$12,391$10,227$4,898
18 years$20,054$16,595$13,650$11,167$9,093$4,129
19 years$18,800$15,380$12,496$10,090$8,105$3,487
20 years$17,673$14,292$11,468$9,139$7,240$2,948
21 years$16,655$13,312$10,548$8,294$6,479$2,496
22 years$15,730$12,427$9,722$7,541$5,807$2,115
23 years$14,887$11,622$8,976$6,868$5,213$1,793
24 years$14,115$10,889$8,302$6,264$4,686$1,522
25 years$13,406$10,219$7,689$5,721$4,216$1,292
26 years$12,753$9,604$7,131$5,231$3,798$1,097
27 years$12,149$9,039$6,622$4,788$3,424$933
28 years$11,590$8,517$6,156$4,387$3,090$793
29 years$11,070$8,035$5,729$4,023$2,790$674
30 years$10,585$7,588$5,336$3,692$2,521$573
31 years$10,133$7,173$4,975$3,391$2,279$488
32 years$9,709$6,787$4,641$3,116$2,062$415
33 years$9,312$6,428$4,334$2,865$1,866$353
34 years$8,940$6,092$4,049$2,636$1,689$301
35 years$8,589$5,778$3,786$2,427$1,530$256
36 years$8,259$5,484$3,541$2,235$1,386$218
37 years$7,947$5,209$3,315$2,059$1,256$186
38 years$7,652$4,950$3,104$1,898$1,139$158
39 years$7,373$4,707$2,908$1,750$1,033$135
40 years$7,109$4,479$2,726$1,614$937$115
41 years$6,859$4,263$2,556$1,489$850$98
42 years$6,620$4,060$2,398$1,375$771$83
43 years$6,394$3,869$2,250$1,269$700$71
44 years$6,178$3,688$2,112$1,172$635$60
45 years$5,973$3,516$1,983$1,082$577$51
46 years$5,777$3,354$1,862$999$524$44
47 years$5,590$3,201$1,750$923$476$37
48 years$5,411$3,056$1,644$853$432$32
49 years$5,241$2,918$1,545$789$392$27
50 years$5,077$2,788$1,453$729$356$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 61 starting with $5,200,000, adding $6,451 every year, while hoping to spend $45,520 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: 26/50/24 Blend
60$5,200,000$5,200,000$5,200,000$5,200,000
61$5,737,054$5,461,454$5,380,854$5,842,588
62$6,273,801$5,680,633$5,512,680$6,147,287
63$6,863,770$5,909,025$5,647,396$6,469,622
64$7,512,342$6,147,035$5,785,052$6,814,524
65$8,225,446$6,395,084$5,925,695$7,183,925
66$9,009,611$6,653,613$6,069,376$7,579,940
67$9,872,034$6,923,083$6,216,143$8,004,885
68$10,820,643$7,203,976$6,366,045$8,461,295
69$11,864,173$7,496,794$6,519,132$8,951,951
70$13,012,246$7,802,065$6,675,451$9,479,897
71$14,275,468$8,120,339$6,835,051$10,048,473
72$15,665,522$8,452,192$6,997,981$10,661,340
73$17,195,281$8,798,225$7,164,290$11,322,515
74$18,878,930$9,159,068$7,334,023$12,036,403
75$20,732,097$9,535,379$7,507,229$12,807,840
76$22,772,003$9,927,845$7,683,954$13,642,133
77$25,017,626$10,337,187$7,864,244$14,545,107
78$27,489,872$10,764,158$8,048,145$15,523,159
79$30,211,782$11,209,544$8,235,701$16,583,315
80$33,208,741$11,674,170$8,426,954$17,733,291
81$36,508,724$12,158,896$8,621,949$18,981,565
82$40,142,555$12,664,623$8,820,726$20,337,451
83$44,144,201$13,192,294$9,023,324$21,811,186
84$48,551,087$13,742,895$9,229,784$23,414,021
85$53,404,458$14,317,457$9,440,142$25,158,322
86$58,749,759$14,917,058$9,654,433$27,057,685
87$64,637,070$15,542,829$9,872,691$29,127,061
88$71,121,573$16,195,950$10,094,949$31,382,887
89$78,264,079$16,877,657$10,321,235$33,843,242
90$86,131,595$17,589,243$10,551,577$36,528,012
91$94,797,963$18,332,060$10,785,999$39,459,069
92$104,344,550$19,107,526$11,024,525$42,660,474
93$114,861,020$19,917,121$11,267,173$46,158,700
94$126,446,180$20,762,395$11,513,959$49,982,875
95$139,208,910$21,644,973$11,764,896$54,165,050
96$153,269,194$22,566,551$12,019,995$58,740,496
97$168,759,246$23,528,907$12,279,260$63,748,028
98$185,824,767$24,533,901$12,542,693$69,230,370
99$204,626,312$25,583,481$12,810,291$75,234,543
100$225,340,808$26,679,684$13,082,048$81,812,309