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

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 $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%16.7%
1 years$297,285$294,637$292,053$289,531$287,069$279,223
2 years$147,171$144,430$141,773$139,198$136,700$128,853
3 years$97,139$94,386$91,737$89,185$86,728$79,125
4 years$72,128$69,384$66,761$64,253$61,855$54,555
5 years$57,126$54,398$51,809$49,352$47,021$40,044
6 years$47,127$44,420$41,869$39,468$37,206$30,558
7 years$39,988$37,304$34,794$32,448$30,259$23,940
8 years$34,637$31,976$29,508$27,220$25,102$19,110
9 years$30,476$27,841$25,415$23,186$21,140$15,468
10 years$27,150$24,541$22,157$19,986$18,012$12,654
11 years$24,430$21,847$19,507$17,394$15,491$10,438
12 years$22,165$19,609$17,312$15,257$13,424$8,667
13 years$20,251$17,721$15,467$13,470$11,706$7,234
14 years$18,611$16,107$13,897$11,957$10,262$6,064
15 years$17,191$14,714$12,547$10,663$9,035$5,101
16 years$15,949$13,500$11,376$9,548$7,985$4,304
17 years$14,855$12,433$10,352$8,579$7,080$3,640
18 years$13,884$11,489$9,450$7,731$6,295$3,085
19 years$13,016$10,648$8,651$6,986$5,611$2,618
20 years$12,235$9,894$7,939$6,327$5,012$2,226
21 years$11,530$9,216$7,303$5,742$4,485$1,894
22 years$10,890$8,603$6,731$5,221$4,020$1,614
23 years$10,306$8,046$6,214$4,755$3,609$1,376
24 years$9,772$7,539$5,747$4,337$3,244$1,174
25 years$9,281$7,075$5,323$3,960$2,919$1,003
26 years$8,829$6,649$4,937$3,621$2,629$857
27 years$8,411$6,258$4,584$3,315$2,371$732
28 years$8,024$5,897$4,262$3,037$2,139$626
29 years$7,664$5,563$3,966$2,785$1,931$535
30 years$7,328$5,253$3,694$2,556$1,745$458
31 years$7,015$4,966$3,444$2,347$1,578$392
32 years$6,722$4,699$3,213$2,157$1,427$335
33 years$6,447$4,450$3,000$1,984$1,292$287
34 years$6,189$4,218$2,803$1,825$1,169$246
35 years$5,946$4,000$2,621$1,680$1,059$210
36 years$5,718$3,797$2,452$1,547$960$180
37 years$5,502$3,606$2,295$1,426$870$154
38 years$5,298$3,427$2,149$1,314$789$132
39 years$5,105$3,259$2,013$1,212$715$113
40 years$4,922$3,101$1,887$1,118$649$97
41 years$4,748$2,951$1,770$1,031$588$83
42 years$4,583$2,811$1,660$952$534$71
43 years$4,427$2,678$1,558$878$485$61
44 years$4,277$2,553$1,462$811$440$52
45 years$4,135$2,434$1,373$749$399$45
46 years$3,999$2,322$1,289$692$363$38
47 years$3,870$2,216$1,211$639$329$33
48 years$3,746$2,116$1,138$591$299$28
49 years$3,628$2,020$1,070$546$272$24
50 years$3,515$1,930$1,006$505$247$21

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 $5,594 every year, while hoping to spend $35,628 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: 55/40/5 Blend
50$3,600,000$3,600,000$3,600,000$3,600,000
51$3,972,970$3,782,170$3,726,370$4,187,130
52$4,340,305$3,929,589$3,813,296$4,479,500
53$4,743,914$4,083,036$3,901,939$4,793,187
54$5,187,460$4,242,772$3,992,320$5,133,810
55$5,674,977$4,409,063$4,084,459$5,503,930
56$6,210,909$4,582,192$4,178,373$5,906,358
57$6,800,156$4,762,453$4,274,082$6,344,188
58$7,448,110$4,950,152$4,371,603$6,820,819
59$8,160,718$5,145,611$4,470,952$7,339,990
60$8,944,529$5,349,163$4,572,146$7,905,812
61$9,806,757$5,561,158$4,675,200$8,522,806
62$10,755,355$5,781,963$4,780,127$9,195,945
63$11,799,081$6,011,959$4,886,942$9,930,699
64$12,947,587$6,251,545$4,995,654$10,733,087
65$14,211,509$6,501,139$5,106,276$11,609,730
66$15,602,564$6,761,175$5,218,817$12,567,913
67$17,133,662$7,032,110$5,333,285$13,615,654
68$18,819,032$7,314,420$5,449,686$14,761,776
69$20,674,348$7,608,601$5,568,025$16,015,988
70$22,716,883$7,915,174$5,688,306$17,388,979
71$24,965,669$8,234,682$5,810,528$18,892,511
72$27,441,680$8,567,693$5,934,693$20,539,536
73$30,168,023$8,914,802$6,060,797$22,344,307
74$33,170,163$9,276,629$6,188,835$24,322,520
75$36,476,158$9,653,823$6,318,800$26,491,453
76$40,116,928$10,047,062$6,450,682$28,870,131
77$44,126,544$10,457,057$6,584,469$31,479,500
78$48,542,547$10,884,548$6,720,144$34,342,627
79$53,406,308$11,330,312$6,857,690$37,484,910
80$58,763,413$11,795,160$6,997,085$40,934,318
81$64,664,098$12,279,939$7,138,304$44,721,655
82$71,163,718$12,785,538$7,281,319$48,880,841
83$78,323,271$13,312,883$7,426,097$53,449,235
84$86,209,975$13,862,945$7,572,602$58,467,985
85$94,897,902$14,436,739$7,720,793$63,982,408
86$104,468,674$15,035,325$7,870,626$70,042,420
87$115,012,238$15,659,815$8,022,050$76,703,000
88$126,627,709$16,311,368$8,175,012$84,024,707
89$139,424,311$16,991,202$8,329,451$92,074,248
90$153,522,405$17,700,585$8,485,302$100,925,105
91$169,054,624$18,440,847$8,642,493$110,658,220
92$186,167,127$19,213,380$8,800,948$121,362,760
93$205,020,977$20,019,638$8,960,582$133,136,953
94$225,793,660$20,861,144$9,121,306$146,089,007
95$248,680,765$21,739,491$9,283,020$160,338,132
96$273,897,822$22,656,346$9,445,621$176,015,656
97$301,682,346$23,613,453$9,608,995$193,266,262
98$332,296,070$24,612,636$9,773,021$212,249,347
99$366,027,420$25,655,807$9,937,569$233,140,520
100$403,194,239$26,744,963$10,102,499$256,133,259