Can I retire at age 61 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%13%
1 years$429,411$425,586$421,854$418,212$414,655$409,474
2 years$212,580$208,621$204,784$201,063$197,455$192,241
3 years$140,312$136,336$132,509$128,823$125,274$120,190
4 years$104,185$100,221$96,432$92,810$89,346$84,431
5 years$82,515$78,575$74,835$71,287$67,919$63,188
6 years$68,073$64,162$60,478$57,009$53,742$49,200
7 years$57,761$53,883$50,258$46,870$43,707$39,355
8 years$50,031$46,188$42,622$39,318$36,259$32,097
9 years$44,021$40,215$36,711$33,490$30,535$26,562
10 years$39,217$35,447$32,005$28,869$26,018$22,230
11 years$35,288$31,557$28,177$25,125$22,376$18,771
12 years$32,017$28,324$25,006$22,038$19,391$15,964
13 years$29,251$25,596$22,341$19,456$16,909$13,656
14 years$26,882$23,266$20,074$17,271$14,822$11,739
15 years$24,831$21,254$18,124$15,403$13,051$10,131
16 years$23,038$19,500$16,432$13,791$11,534$8,773
17 years$21,458$17,959$14,953$12,391$10,227$7,620
18 years$20,054$16,595$13,650$11,167$9,093$6,634
19 years$18,800$15,380$12,496$10,090$8,105$5,788
20 years$17,673$14,292$11,468$9,139$7,240$5,059
21 years$16,655$13,312$10,548$8,294$6,479$4,428
22 years$15,730$12,427$9,722$7,541$5,807$3,882
23 years$14,887$11,622$8,976$6,868$5,213$3,406
24 years$14,115$10,889$8,302$6,264$4,686$2,993
25 years$13,406$10,219$7,689$5,721$4,216$2,631
26 years$12,753$9,604$7,131$5,231$3,798$2,315
27 years$12,149$9,039$6,622$4,788$3,424$2,039
28 years$11,590$8,517$6,156$4,387$3,090$1,796
29 years$11,070$8,035$5,729$4,023$2,790$1,584
30 years$10,585$7,588$5,336$3,692$2,521$1,397
31 years$10,133$7,173$4,975$3,391$2,279$1,232
32 years$9,709$6,787$4,641$3,116$2,062$1,088
33 years$9,312$6,428$4,334$2,865$1,866$960
34 years$8,940$6,092$4,049$2,636$1,689$848
35 years$8,589$5,778$3,786$2,427$1,530$749
36 years$8,259$5,484$3,541$2,235$1,386$662
37 years$7,947$5,209$3,315$2,059$1,256$585
38 years$7,652$4,950$3,104$1,898$1,139$517
39 years$7,373$4,707$2,908$1,750$1,033$457
40 years$7,109$4,479$2,726$1,614$937$404
41 years$6,859$4,263$2,556$1,489$850$357
42 years$6,620$4,060$2,398$1,375$771$316
43 years$6,394$3,869$2,250$1,269$700$279
44 years$6,178$3,688$2,112$1,172$635$247
45 years$5,973$3,516$1,983$1,082$577$218
46 years$5,777$3,354$1,862$999$524$193
47 years$5,590$3,201$1,750$923$476$171
48 years$5,411$3,056$1,644$853$432$151
49 years$5,241$2,918$1,545$789$392$134
50 years$5,077$2,788$1,453$729$356$118

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 $4,100 every year, while hoping to spend $34,515 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: 84/6/10 Blend
60$5,200,000$5,200,000$5,200,000$5,200,000
61$5,734,629$5,459,029$5,378,429$6,207,495
62$6,282,838$5,689,798$5,521,883$6,748,077
63$6,885,807$5,930,717$5,668,985$7,336,706
64$7,549,085$6,182,249$5,819,823$7,982,220
65$8,278,787$6,444,875$5,974,482$8,690,318
66$9,081,649$6,719,099$6,133,053$9,467,276
67$9,965,094$7,005,451$6,295,627$10,320,008
68$10,937,299$7,304,484$6,462,296$11,256,130
69$12,007,276$7,616,776$6,633,155$12,284,028
70$13,184,952$7,942,933$6,808,300$13,412,941
71$14,481,270$8,283,588$6,987,830$14,653,048
72$15,908,282$8,639,407$7,171,846$16,015,559
73$17,479,273$9,011,084$7,360,448$17,512,824
74$19,208,877$9,399,345$7,553,741$19,158,447
75$21,113,222$9,804,953$7,751,832$20,967,418
76$23,210,080$10,228,705$7,954,827$22,956,246
77$25,519,031$10,671,434$8,162,837$25,143,124
78$28,061,653$11,134,016$8,375,973$27,548,090
79$30,861,723$11,617,363$8,594,349$30,193,224
80$33,945,439$12,122,435$8,818,081$33,102,852
81$37,341,674$12,650,234$9,047,286$36,303,772
82$41,082,238$13,201,809$9,282,084$39,825,512
83$45,202,190$13,778,261$9,522,597$43,700,605
84$49,740,157$14,380,740$9,768,948$47,964,896
85$54,738,709$15,010,452$10,021,264$52,657,876
86$60,244,753$15,668,659$10,279,671$57,823,062
87$66,309,977$16,356,684$10,544,300$63,508,396
88$72,991,343$17,075,909$10,815,282$69,766,708
89$80,351,617$17,827,786$11,092,751$76,656,204
90$88,459,966$18,613,832$11,376,842$84,241,022
91$97,392,611$19,435,637$11,667,694$92,591,829
92$107,233,541$20,294,868$11,965,446$101,786,496
93$118,075,313$21,193,267$12,270,240$111,910,823
94$130,019,921$22,132,663$12,582,219$123,059,354
95$143,179,757$23,114,968$12,901,528$135,336,266
96$157,678,678$24,142,187$13,228,314$148,856,349
97$173,653,168$25,216,419$13,562,728$163,746,095
98$191,253,631$26,339,864$13,904,919$180,144,881
99$210,645,809$27,514,824$14,255,040$198,206,294
100$232,012,343$28,743,712$14,613,247$218,099,570