Can I retire at age 51 with 5,700,000?

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 $5,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$470,701$466,508$462,417$458,425$454,526$436,837
2 years$233,020$228,680$224,474$220,396$216,441$198,833
3 years$153,804$149,445$145,250$141,210$137,319$120,347
4 years$114,203$109,858$105,705$101,734$97,937$81,730
5 years$90,449$86,130$82,031$78,141$74,450$59,049
6 years$74,618$70,332$66,293$62,490$58,910$44,326
7 years$63,315$59,064$55,090$51,377$47,910$34,137
8 years$54,841$50,629$46,721$43,099$39,746$26,771
9 years$48,254$44,082$40,241$36,711$33,472$21,276
10 years$42,987$38,856$35,083$31,645$28,519$17,079
11 years$38,681$34,591$30,886$27,540$24,528$13,817
12 years$35,095$31,047$27,411$24,157$21,255$11,246
13 years$32,063$28,058$24,490$21,327$18,535$9,197
14 years$29,467$25,504$22,004$18,931$16,248$7,551
15 years$27,218$23,298$19,867$16,884$14,306$6,218
16 years$25,253$21,375$18,012$15,117$12,643$5,134
17 years$23,521$19,686$16,390$13,583$11,210$4,247
18 years$21,983$18,191$14,962$12,241$9,968$3,520
19 years$20,608$16,859$13,697$11,061$8,885$2,921
20 years$19,372$15,666$12,571$10,018$7,936$2,426
21 years$18,256$14,592$11,563$9,092$7,102$2,018
22 years$17,242$13,621$10,657$8,266$6,366$1,679
23 years$16,318$12,740$9,840$7,528$5,714$1,398
24 years$15,472$11,936$9,100$6,866$5,136$1,165
25 years$14,695$11,202$8,428$6,271$4,622$971
26 years$13,979$10,528$7,817$5,734$4,163$810
27 years$13,318$9,908$7,259$5,248$3,753$676
28 years$12,704$9,336$6,748$4,808$3,387$564
29 years$12,134$8,808$6,279$4,409$3,058$470
30 years$11,603$8,318$5,849$4,047$2,763$393
31 years$11,107$7,863$5,453$3,717$2,498$328
32 years$10,643$7,440$5,088$3,416$2,260$274
33 years$10,208$7,046$4,750$3,141$2,045$228
34 years$9,799$6,678$4,438$2,890$1,852$191
35 years$9,415$6,334$4,150$2,660$1,677$159
36 years$9,053$6,012$3,882$2,450$1,520$133
37 years$8,711$5,710$3,633$2,257$1,377$111
38 years$8,388$5,426$3,403$2,081$1,249$93
39 years$8,082$5,160$3,188$1,919$1,132$78
40 years$7,793$4,909$2,988$1,770$1,027$65
41 years$7,518$4,673$2,802$1,633$932$54
42 years$7,257$4,451$2,628$1,507$845$45
43 years$7,009$4,241$2,466$1,391$767$38
44 years$6,772$4,042$2,315$1,284$696$32
45 years$6,547$3,855$2,174$1,186$632$26
46 years$6,333$3,677$2,042$1,096$574$22
47 years$6,128$3,509$1,918$1,012$521$18
48 years$5,932$3,350$1,802$935$473$15
49 years$5,744$3,199$1,694$864$430$13
50 years$5,565$3,056$1,593$799$391$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $5,700,000, adding $4,289 every year, while hoping to spend $30,464 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: 56/36/8 Blend
50$5,700,000$5,700,000$5,700,000$5,700,000
51$6,285,824$5,983,724$5,895,374$6,625,888
52$6,894,565$6,244,513$6,060,456$7,116,540
53$7,564,376$6,517,060$6,230,046$7,646,919
54$8,301,454$6,801,908$6,404,265$8,223,842
55$9,112,629$7,099,628$6,583,234$8,851,745
56$10,005,422$7,410,815$6,767,078$9,535,510
57$10,988,125$7,736,094$6,955,925$10,280,497
58$12,069,871$8,076,120$7,149,905$11,092,602
59$13,260,725$8,431,577$7,349,154$11,978,306
60$14,571,778$8,803,183$7,553,810$12,944,736
61$16,015,249$9,191,689$7,764,013$13,999,727
62$17,604,605$9,597,883$7,979,908$15,151,900
63$19,354,683$10,022,587$8,201,643$16,410,734
64$21,281,833$10,466,666$8,429,370$17,786,659
65$23,404,071$10,931,023$8,663,244$19,291,145
66$25,741,248$11,416,606$8,903,426$20,936,816
67$28,315,242$11,924,406$9,150,077$22,737,560
68$31,150,157$12,455,463$9,403,365$24,708,659
69$34,272,557$13,010,864$9,663,461$26,866,931
70$37,711,712$13,591,750$9,930,541$29,230,884
71$41,499,875$14,199,315$10,204,783$31,820,889
72$45,672,591$14,834,810$10,486,372$34,659,368
73$50,269,026$15,499,546$10,775,496$37,771,002
74$55,332,339$16,194,896$11,072,347$41,182,961
75$60,910,089$16,922,297$11,377,123$44,925,153
76$67,054,686$17,683,258$11,690,024$49,030,509
77$73,823,883$18,479,357$12,011,259$53,535,280
78$81,281,321$19,312,247$12,341,038$58,479,385
79$89,497,131$20,183,662$12,679,578$63,906,774
80$98,548,594$21,095,418$13,027,100$69,865,844
81$108,520,874$22,049,416$13,383,831$76,409,889
82$119,507,816$23,047,651$13,750,002$83,597,593
83$131,612,838$24,092,210$14,125,852$91,493,587
84$144,949,901$25,185,282$14,511,621$100,169,045
85$159,644,590$26,329,160$14,907,560$109,702,356
86$175,835,296$27,526,247$15,313,921$120,179,850
87$193,674,524$28,779,060$15,730,965$131,696,615
88$213,330,329$30,090,238$16,158,956$144,357,379
89$234,987,908$31,462,545$16,598,167$158,277,498
90$258,851,344$32,898,879$17,048,874$173,584,032
91$285,145,532$34,402,275$17,511,363$190,416,939
92$314,118,305$35,975,915$17,985,922$208,930,388
93$346,042,770$37,623,133$18,472,849$229,294,202
94$381,219,890$39,347,424$18,972,446$251,695,455
95$419,981,319$41,152,448$19,485,024$276,340,229
96$462,692,540$43,042,045$20,010,898$303,455,544
97$509,756,309$45,020,235$20,550,393$333,291,496
98$561,616,460$47,091,233$21,103,839$366,123,602
99$618,762,094$49,259,459$21,671,572$402,255,394
100$681,732,196$51,529,541$22,253,939$442,021,267