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%17.8%
1 years$759,727$752,960$746,358$739,913$733,621$710,422
2 years$376,103$369,098$362,310$355,728$349,343$326,181
3 years$248,244$241,210$234,438$227,918$221,638$199,239
4 years$184,328$177,315$170,611$164,202$158,074$136,610
5 years$145,988$139,017$132,401$126,123$120,165$99,694
6 years$120,436$113,518$107,000$100,862$95,083$75,621
7 years$102,192$95,332$88,917$82,924$77,328$58,875
8 years$88,516$81,717$75,409$69,563$64,151$46,694
9 years$77,884$71,149$64,950$59,252$54,024$37,543
10 years$69,383$62,715$56,625$51,076$46,031$30,502
11 years$62,433$55,831$49,851$44,451$39,588$24,982
12 years$56,645$50,111$44,242$38,990$34,307$20,593
13 years$51,751$45,286$39,527$34,422$29,916$17,061
14 years$47,560$41,164$35,515$30,556$26,224$14,194
15 years$43,932$37,604$32,066$27,251$23,090$11,848
16 years$40,759$34,501$29,072$24,400$20,407$9,918
17 years$37,963$31,774$26,455$21,923$18,094$8,320
18 years$35,481$29,360$24,150$19,757$16,088$6,994
19 years$33,262$27,211$22,108$17,852$14,340$5,888
20 years$31,268$25,286$20,289$16,169$12,809$4,963
21 years$29,466$23,553$18,662$14,674$11,462$4,188
22 years$27,830$21,986$17,200$13,342$10,274$3,538
23 years$26,338$20,563$15,881$12,151$9,223$2,991
24 years$24,973$19,266$14,688$11,082$8,290$2,530
25 years$23,719$18,080$13,604$10,121$7,460$2,141
26 years$22,563$16,992$12,617$9,254$6,719$1,813
27 years$21,495$15,992$11,716$8,471$6,058$1,536
28 years$20,505$15,069$10,891$7,761$5,466$1,301
29 years$19,585$14,216$10,135$7,117$4,936$1,103
30 years$18,727$13,425$9,441$6,532$4,460$935
31 years$17,927$12,691$8,801$5,999$4,032$793
32 years$17,178$12,009$8,212$5,513$3,647$672
33 years$16,476$11,372$7,667$5,070$3,301$570
34 years$15,817$10,778$7,164$4,664$2,989$484
35 years$15,196$10,223$6,698$4,294$2,707$410
36 years$14,612$9,703$6,266$3,955$2,453$348
37 years$14,060$9,216$5,864$3,644$2,223$296
38 years$13,539$8,758$5,492$3,358$2,015$251
39 years$13,045$8,328$5,145$3,097$1,827$213
40 years$12,578$7,924$4,823$2,856$1,658$181
41 years$12,134$7,543$4,522$2,635$1,504$153
42 years$11,713$7,183$4,242$2,432$1,365$130
43 years$11,312$6,844$3,980$2,245$1,238$110
44 years$10,931$6,524$3,736$2,073$1,124$94
45 years$10,568$6,221$3,508$1,914$1,020$80
46 years$10,221$5,935$3,295$1,768$927$68
47 years$9,890$5,664$3,096$1,634$841$57
48 years$9,574$5,407$2,909$1,510$764$49
49 years$9,272$5,163$2,734$1,395$694$41
50 years$8,982$4,932$2,571$1,290$630$35

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 $4,282 every year, while hoping to spend $52,842 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: 63/15/22 Blend
50$9,200,000$9,200,000$9,200,000$9,200,000
51$10,142,817$9,655,217$9,512,617$10,723,535
52$11,121,161$10,072,099$9,775,066$11,532,819
53$12,197,525$10,507,637$10,044,536$12,410,037
54$13,381,851$10,962,690$10,321,207$13,366,921
55$14,685,094$11,438,156$10,605,262$14,411,259
56$16,119,324$11,934,977$10,896,888$15,551,623
57$17,697,841$12,454,136$11,196,280$16,797,445
58$19,435,298$12,996,666$11,503,633$18,159,105
59$21,347,842$13,563,647$11,819,149$19,648,030
60$23,453,266$14,156,209$12,143,034$21,276,797
61$25,771,173$14,775,538$12,475,499$23,059,250
62$28,323,166$15,422,872$12,816,761$25,010,632
63$31,133,046$16,099,510$13,167,041$27,147,723
64$34,227,044$16,806,813$13,526,563$29,488,997
65$37,634,059$17,546,204$13,895,560$32,054,796
66$41,385,940$18,319,174$14,274,268$34,867,520
67$45,517,778$19,127,286$14,662,928$37,951,832
68$50,068,244$19,972,176$15,061,789$41,334,893
69$55,079,948$20,855,556$15,471,102$45,046,614
70$60,599,846$21,779,221$15,891,127$49,119,935
71$66,679,678$22,745,051$16,322,128$53,591,134
72$73,376,460$23,755,013$16,764,374$58,500,165
73$80,753,021$24,811,171$17,218,143$63,891,036
74$88,878,595$25,915,684$17,683,716$69,812,218
75$97,829,472$27,070,813$18,161,381$76,317,097
76$107,689,726$28,278,930$18,651,435$83,464,483
77$118,551,997$29,542,517$19,154,177$91,319,151
78$130,518,374$30,864,173$19,669,915$99,952,458
79$143,701,354$32,246,625$20,198,964$109,443,006
80$158,224,907$33,692,724$20,741,644$119,877,384
81$174,225,642$35,205,462$21,298,283$131,350,980
82$191,854,099$36,787,971$21,869,217$143,968,877
83$211,276,167$38,443,532$22,454,786$157,846,840
84$232,674,655$40,175,583$23,055,340$173,112,406
85$256,251,010$41,987,727$23,671,234$189,906,081
86$282,227,225$43,883,737$24,302,832$208,382,661
87$310,847,930$45,867,569$24,950,505$228,712,690
88$342,382,703$47,943,364$25,614,631$251,084,064
89$377,128,614$50,115,464$26,295,597$275,703,799
90$415,413,028$52,388,417$26,993,795$302,799,976
91$457,596,698$54,766,991$27,709,628$332,623,892
92$504,077,165$57,256,177$28,443,504$365,452,425
93$555,292,517$59,861,211$29,195,842$401,590,640
94$611,725,518$62,587,574$29,967,068$441,374,661
95$673,908,169$65,441,014$30,757,613$485,174,838
96$742,426,731$68,427,552$31,567,922$533,399,237
97$817,927,254$71,553,499$32,398,443$586,497,481
98$901,121,679$74,825,466$33,249,637$644,964,987
99$992,794,560$78,250,383$34,121,969$709,347,637
100$1,093,810,467$81,835,513$35,015,917$780,246,919