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%11.2%
1 years$429,411$425,586$421,854$418,212$414,655$412,561
2 years$212,580$208,621$204,784$201,063$197,455$195,341
3 years$140,312$136,336$132,509$128,823$125,274$123,206
4 years$104,185$100,221$96,432$92,810$89,346$87,341
5 years$82,515$78,575$74,835$71,287$67,919$65,982
6 years$68,073$64,162$60,478$57,009$53,742$51,875
7 years$57,761$53,883$50,258$46,870$43,707$41,911
8 years$50,031$46,188$42,622$39,318$36,259$34,535
9 years$44,021$40,215$36,711$33,490$30,535$28,883
10 years$39,217$35,447$32,005$28,869$26,018$24,435
11 years$35,288$31,557$28,177$25,125$22,376$20,863
12 years$32,017$28,324$25,006$22,038$19,391$17,945
13 years$29,251$25,596$22,341$19,456$16,909$15,531
14 years$26,882$23,266$20,074$17,271$14,822$13,509
15 years$24,831$21,254$18,124$15,403$13,051$11,801
16 years$23,038$19,500$16,432$13,791$11,534$10,346
17 years$21,458$17,959$14,953$12,391$10,227$9,099
18 years$20,054$16,595$13,650$11,167$9,093$8,023
19 years$18,800$15,380$12,496$10,090$8,105$7,091
20 years$17,673$14,292$11,468$9,139$7,240$6,280
21 years$16,655$13,312$10,548$8,294$6,479$5,571
22 years$15,730$12,427$9,722$7,541$5,807$4,950
23 years$14,887$11,622$8,976$6,868$5,213$4,404
24 years$14,115$10,889$8,302$6,264$4,686$3,923
25 years$13,406$10,219$7,689$5,721$4,216$3,498
26 years$12,753$9,604$7,131$5,231$3,798$3,122
27 years$12,149$9,039$6,622$4,788$3,424$2,788
28 years$11,590$8,517$6,156$4,387$3,090$2,492
29 years$11,070$8,035$5,729$4,023$2,790$2,229
30 years$10,585$7,588$5,336$3,692$2,521$1,995
31 years$10,133$7,173$4,975$3,391$2,279$1,786
32 years$9,709$6,787$4,641$3,116$2,062$1,600
33 years$9,312$6,428$4,334$2,865$1,866$1,434
34 years$8,940$6,092$4,049$2,636$1,689$1,285
35 years$8,589$5,778$3,786$2,427$1,530$1,153
36 years$8,259$5,484$3,541$2,235$1,386$1,034
37 years$7,947$5,209$3,315$2,059$1,256$928
38 years$7,652$4,950$3,104$1,898$1,139$833
39 years$7,373$4,707$2,908$1,750$1,033$747
40 years$7,109$4,479$2,726$1,614$937$671
41 years$6,859$4,263$2,556$1,489$850$603
42 years$6,620$4,060$2,398$1,375$771$541
43 years$6,394$3,869$2,250$1,269$700$486
44 years$6,178$3,688$2,112$1,172$635$437
45 years$5,973$3,516$1,983$1,082$577$392
46 years$5,777$3,354$1,862$999$524$353
47 years$5,590$3,201$1,750$923$476$317
48 years$5,411$3,056$1,644$853$432$285
49 years$5,241$2,918$1,545$789$392$256
50 years$5,077$2,788$1,453$729$356$230

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 $3,048 every year, while hoping to spend $30,870 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: 60/14/26 Blend
60$5,200,000$5,200,000$5,200,000$5,200,000
61$5,733,544$5,457,944$5,377,344$6,037,278
62$6,285,520$5,692,538$5,524,640$6,479,039
63$6,892,763$5,937,592$5,675,835$6,957,244
64$7,560,878$6,193,587$5,831,028$7,478,381
65$8,296,039$6,461,024$5,990,319$8,046,633
66$9,105,051$6,740,431$6,153,811$8,666,605
67$9,995,412$7,032,357$6,321,609$9,343,362
68$10,975,380$7,337,380$6,493,820$10,082,481
69$12,054,060$7,656,102$6,670,554$10,890,097
70$13,241,479$7,989,156$6,851,922$11,772,965
71$14,548,689$8,337,204$7,038,041$12,738,520
72$15,987,867$8,700,938$7,229,027$13,794,948
73$17,572,430$9,081,085$7,425,000$14,951,257
74$19,317,163$9,478,403$7,626,082$16,217,370
75$21,238,358$9,893,689$7,832,400$17,604,207
76$23,353,966$10,327,776$8,044,082$19,123,797
77$25,683,769$10,781,535$8,261,257$20,789,382
78$28,249,565$11,255,881$8,484,060$22,615,544
79$31,075,372$11,751,771$8,712,628$24,618,343
80$34,187,659$12,270,207$8,947,099$26,815,464
81$37,615,590$12,812,238$9,187,618$29,226,384
82$41,391,306$13,378,963$9,434,329$31,872,553
83$45,550,221$13,971,534$9,687,380$34,777,598
84$50,131,361$14,591,156$9,946,925$37,967,540
85$55,177,730$15,239,093$10,213,117$41,471,041
86$60,736,717$15,916,667$10,486,115$45,319,671
87$66,860,543$16,625,265$10,766,081$49,548,206
88$73,606,753$17,366,337$11,053,179$54,194,953
89$81,038,759$18,141,405$11,347,578$59,302,107
90$89,226,439$18,952,060$11,649,448$64,916,153
91$98,246,797$19,799,972$11,958,966$71,088,298
92$108,184,688$20,686,889$12,276,309$77,874,953
93$119,133,621$21,614,641$12,601,660$85,338,263
94$131,196,638$22,585,147$12,935,204$93,546,693
95$144,487,293$23,600,416$13,277,130$102,575,670
96$159,130,714$24,662,554$13,627,632$112,508,290
97$175,264,795$25,773,768$13,986,906$123,436,106
98$193,041,489$26,936,367$14,355,152$135,459,981
99$212,628,246$28,152,773$14,732,574$148,691,046
100$234,209,592$29,425,525$15,119,381$163,251,737