Can I retire at age 51 with 3,600,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$297,285$294,637$292,053$289,531$287,069$278,102
2 years$147,171$144,430$141,773$139,198$136,700$127,746
3 years$97,139$94,386$91,737$89,185$86,728$78,068
4 years$72,128$69,384$66,761$64,253$61,855$53,555
5 years$57,126$54,398$51,809$49,352$47,021$39,103
6 years$47,127$44,420$41,869$39,468$37,206$29,677
7 years$39,988$37,304$34,794$32,448$30,259$23,118
8 years$34,637$31,976$29,508$27,220$25,102$18,346
9 years$30,476$27,841$25,415$23,186$21,140$14,760
10 years$27,150$24,541$22,157$19,986$18,012$11,999
11 years$24,430$21,847$19,507$17,394$15,491$9,834
12 years$22,165$19,609$17,312$15,257$13,424$8,112
13 years$20,251$17,721$15,467$13,470$11,706$6,725
14 years$18,611$16,107$13,897$11,957$10,262$5,599
15 years$17,191$14,714$12,547$10,663$9,035$4,677
16 years$15,949$13,500$11,376$9,548$7,985$3,918
17 years$14,855$12,433$10,352$8,579$7,080$3,289
18 years$13,884$11,489$9,450$7,731$6,295$2,767
19 years$13,016$10,648$8,651$6,986$5,611$2,331
20 years$12,235$9,894$7,939$6,327$5,012$1,966
21 years$11,530$9,216$7,303$5,742$4,485$1,661
22 years$10,890$8,603$6,731$5,221$4,020$1,404
23 years$10,306$8,046$6,214$4,755$3,609$1,188
24 years$9,772$7,539$5,747$4,337$3,244$1,005
25 years$9,281$7,075$5,323$3,960$2,919$852
26 years$8,829$6,649$4,937$3,621$2,629$722
27 years$8,411$6,258$4,584$3,315$2,371$612
28 years$8,024$5,897$4,262$3,037$2,139$519
29 years$7,664$5,563$3,966$2,785$1,931$440
30 years$7,328$5,253$3,694$2,556$1,745$373
31 years$7,015$4,966$3,444$2,347$1,578$317
32 years$6,722$4,699$3,213$2,157$1,427$269
33 years$6,447$4,450$3,000$1,984$1,292$228
34 years$6,189$4,218$2,803$1,825$1,169$194
35 years$5,946$4,000$2,621$1,680$1,059$165
36 years$5,718$3,797$2,452$1,547$960$140
37 years$5,502$3,606$2,295$1,426$870$119
38 years$5,298$3,427$2,149$1,314$789$101
39 years$5,105$3,259$2,013$1,212$715$86
40 years$4,922$3,101$1,887$1,118$649$73
41 years$4,748$2,951$1,770$1,031$588$62
42 years$4,583$2,811$1,660$952$534$52
43 years$4,427$2,678$1,558$878$485$45
44 years$4,277$2,553$1,462$811$440$38
45 years$4,135$2,434$1,373$749$399$32
46 years$3,999$2,322$1,289$692$363$27
47 years$3,870$2,216$1,211$639$329$23
48 years$3,746$2,116$1,138$591$299$20
49 years$3,628$2,020$1,070$546$272$17
50 years$3,515$1,930$1,006$505$247$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $3,600,000, adding $5,460 every year, while hoping to spend $47,541 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: 37/46/17 Blend
50$3,600,000$3,600,000$3,600,000$3,600,000
51$3,972,832$3,782,032$3,726,232$4,099,173
52$4,327,478$3,916,768$3,800,478$4,325,545
53$4,716,704$4,056,513$3,875,617$4,564,988
54$5,143,987$4,201,462$3,951,630$4,822,615
55$5,613,158$4,351,818$4,028,494$5,100,085
56$6,128,436$4,507,793$4,106,184$5,399,213
57$6,694,469$4,669,607$4,184,673$5,721,998
58$7,316,376$4,837,489$4,263,931$6,070,632
59$7,999,798$5,011,678$4,343,925$6,447,525
60$8,750,950$5,192,423$4,424,619$6,855,324
61$9,576,677$5,379,981$4,505,974$7,296,939
62$10,484,522$5,574,624$4,587,947$7,775,568
63$11,482,794$5,776,632$4,670,495$8,294,727
64$12,580,649$5,986,297$4,753,566$8,858,281
65$13,788,173$6,203,924$4,837,109$9,470,481
66$15,116,481$6,429,829$4,921,065$10,136,002
67$16,577,815$6,664,345$5,005,375$10,859,985
68$18,185,669$6,907,814$5,089,972$11,648,085
69$19,954,907$7,160,596$5,174,785$12,506,526
70$21,901,907$7,423,066$5,259,740$13,442,152
71$24,044,717$7,695,611$5,344,757$14,462,496
72$26,403,221$7,978,639$5,429,749$15,575,847
73$28,999,330$8,272,572$5,514,626$16,791,327
74$31,857,185$8,577,852$5,599,290$18,118,975
75$35,003,390$8,894,939$5,683,637$19,569,843
76$38,467,255$9,224,311$5,767,559$21,156,094
77$42,281,081$9,566,468$5,850,938$22,891,118
78$46,480,457$9,921,931$5,933,651$24,789,657
79$51,104,601$10,291,242$6,015,565$26,867,941
80$56,196,727$10,674,969$6,096,543$29,143,838
81$61,804,452$11,073,702$6,176,436$31,637,024
82$67,980,248$11,488,056$6,255,089$34,369,162
83$74,781,936$11,918,672$6,332,336$37,364,111
84$82,273,228$12,366,222$6,408,004$40,648,140
85$90,524,333$12,831,403$6,481,909$44,250,183
86$99,612,617$13,314,944$6,553,854$48,202,100
87$109,623,332$13,817,604$6,623,637$52,538,985
88$120,650,423$14,340,177$6,691,039$57,299,487
89$132,797,410$14,883,490$6,755,833$62,526,175
90$146,178,370$15,448,405$6,817,778$68,265,936
91$160,919,010$16,035,823$6,876,620$74,570,417
92$177,157,855$16,646,684$6,932,092$81,496,507
93$195,047,552$17,281,968$6,983,913$89,106,871
94$214,756,316$17,942,698$7,031,788$97,470,537
95$236,469,512$18,629,942$7,075,405$106,663,548
96$260,391,408$19,344,815$7,114,437$116,769,673
97$286,747,100$20,088,480$7,148,539$127,881,194
98$315,784,640$20,862,151$7,177,350$140,099,775
99$347,777,373$21,667,096$7,200,491$153,537,413
100$383,026,519$22,504,638$7,217,562$168,317,499