Can I retire at age 51 with 5,200,000?

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 $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%12.2%
1 years$429,411$425,586$421,854$418,212$414,655$410,838
2 years$212,580$208,621$204,784$201,063$197,455$193,609
3 years$140,312$136,336$132,509$128,823$125,274$121,518
4 years$104,185$100,221$96,432$92,810$89,346$85,710
5 years$82,515$78,575$74,835$71,287$67,919$64,413
6 years$68,073$64,162$60,478$57,009$53,742$50,371
7 years$57,761$53,883$50,258$46,870$43,707$40,471
8 years$50,031$46,188$42,622$39,318$36,259$33,159
9 years$44,021$40,215$36,711$33,490$30,535$27,571
10 years$39,217$35,447$32,005$28,869$26,018$23,186
11 years$35,288$31,557$28,177$25,125$22,376$19,675
12 years$32,017$28,324$25,006$22,038$19,391$16,818
13 years$29,251$25,596$22,341$19,456$16,909$14,462
14 years$26,882$23,266$20,074$17,271$14,822$12,497
15 years$24,831$21,254$18,124$15,403$13,051$10,844
16 years$23,038$19,500$16,432$13,791$11,534$9,443
17 years$21,458$17,959$14,953$12,391$10,227$8,247
18 years$20,054$16,595$13,650$11,167$9,093$7,221
19 years$18,800$15,380$12,496$10,090$8,105$6,337
20 years$17,673$14,292$11,468$9,139$7,240$5,571
21 years$16,655$13,312$10,548$8,294$6,479$4,906
22 years$15,730$12,427$9,722$7,541$5,807$4,327
23 years$14,887$11,622$8,976$6,868$5,213$3,820
24 years$14,115$10,889$8,302$6,264$4,686$3,377
25 years$13,406$10,219$7,689$5,721$4,216$2,988
26 years$12,753$9,604$7,131$5,231$3,798$2,646
27 years$12,149$9,039$6,622$4,788$3,424$2,345
28 years$11,590$8,517$6,156$4,387$3,090$2,079
29 years$11,070$8,035$5,729$4,023$2,790$1,845
30 years$10,585$7,588$5,336$3,692$2,521$1,638
31 years$10,133$7,173$4,975$3,391$2,279$1,454
32 years$9,709$6,787$4,641$3,116$2,062$1,292
33 years$9,312$6,428$4,334$2,865$1,866$1,148
34 years$8,940$6,092$4,049$2,636$1,689$1,021
35 years$8,589$5,778$3,786$2,427$1,530$908
36 years$8,259$5,484$3,541$2,235$1,386$808
37 years$7,947$5,209$3,315$2,059$1,256$719
38 years$7,652$4,950$3,104$1,898$1,139$639
39 years$7,373$4,707$2,908$1,750$1,033$569
40 years$7,109$4,479$2,726$1,614$937$507
41 years$6,859$4,263$2,556$1,489$850$451
42 years$6,620$4,060$2,398$1,375$771$402
43 years$6,394$3,869$2,250$1,269$700$358
44 years$6,178$3,688$2,112$1,172$635$318
45 years$5,973$3,516$1,983$1,082$577$284
46 years$5,777$3,354$1,862$999$524$253
47 years$5,590$3,201$1,750$923$476$225
48 years$5,411$3,056$1,644$853$432$200
49 years$5,241$2,918$1,545$789$392$179
50 years$5,077$2,788$1,453$729$356$159

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $5,200,000, adding $3,260 every year, while hoping to spend $52,886 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: 47/43/10 Blend
50$5,200,000$5,200,000$5,200,000$5,200,000
51$5,733,763$5,458,163$5,377,563$5,987,286
52$6,262,336$5,669,342$5,501,441$6,373,430
53$6,843,052$5,889,097$5,627,696$6,786,508
54$7,481,172$6,117,792$5,756,353$7,233,602
55$8,182,494$6,355,807$5,887,434$7,717,890
56$8,953,406$6,603,539$6,020,960$8,242,861
57$9,800,945$6,861,403$6,156,953$8,812,350
58$10,732,862$7,129,833$6,295,432$9,430,570
59$11,757,700$7,409,281$6,436,415$10,102,150
60$12,884,869$7,700,219$6,579,919$10,832,180
61$14,124,738$8,003,142$6,725,958$11,626,255
62$15,488,730$8,318,565$6,874,547$12,490,525
63$16,989,432$8,647,027$7,025,696$13,431,754
64$18,640,713$8,989,090$7,179,416$14,457,380
65$20,457,853$9,345,342$7,335,713$15,575,583
66$22,457,688$9,716,398$7,494,594$16,795,362
67$24,658,770$10,102,899$7,656,061$18,126,616
68$27,081,540$10,505,517$7,820,114$19,580,233
69$29,748,522$10,924,952$7,986,752$21,168,197
70$32,684,532$11,361,935$8,155,969$22,903,690
71$35,916,918$11,817,234$8,327,758$24,801,222
72$39,475,811$12,291,646$8,502,106$26,876,758
73$43,394,416$12,786,009$8,678,999$29,147,873
74$47,709,319$13,301,196$8,858,418$31,633,909
75$52,460,836$13,838,120$9,040,340$34,356,155
76$57,693,389$14,397,737$9,224,740$37,338,049
77$63,455,932$14,981,043$9,411,586$40,605,393
78$69,802,406$15,589,083$9,600,843$44,186,592
79$76,792,250$16,222,946$9,792,470$48,112,921
80$84,490,963$16,883,774$9,986,421$52,418,813
81$92,970,720$17,572,758$10,182,645$57,142,184
82$102,311,056$18,291,146$10,381,086$62,324,785
83$112,599,612$19,040,240$10,581,680$68,012,590
84$123,932,964$19,821,403$10,784,359$74,256,228
85$136,417,537$20,636,062$10,989,045$81,111,456
86$150,170,603$21,485,707$11,195,655$88,639,679
87$165,321,394$22,371,896$11,404,099$96,908,523
88$182,012,317$23,296,260$11,614,278$105,992,475
89$200,400,301$24,260,505$11,826,084$115,973,571
90$220,658,276$25,266,413$12,039,401$126,942,172
91$242,976,804$26,315,851$12,254,105$138,997,807
92$267,565,880$27,410,770$12,470,060$152,250,107
93$294,656,913$28,553,211$12,687,120$166,819,834
94$324,504,911$29,745,311$12,905,131$182,840,015
95$357,390,883$30,989,302$13,123,924$200,457,187
96$393,624,498$32,287,523$13,343,321$219,832,776
97$433,547,004$33,642,419$13,563,129$241,144,610
98$477,534,449$35,056,548$13,783,145$264,588,595
99$526,001,232$36,532,588$14,003,149$290,380,549
100$579,404,011$38,073,339$14,222,908$318,758,235