Can I retire at age 51 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$305,543$302,821$300,166$297,574$295,043$284,575
2 years$151,259$148,442$145,711$143,064$140,497$130,062
3 years$99,837$97,008$94,285$91,663$89,137$79,063
4 years$74,132$71,311$68,615$66,038$63,573$53,937
5 years$58,713$55,909$53,248$50,723$48,327$39,155
6 years$48,436$45,654$43,033$40,564$38,240$29,538
7 years$41,099$38,340$35,760$33,350$31,099$22,866
8 years$35,599$32,864$30,328$27,976$25,800$18,028
9 years$31,323$28,614$26,121$23,830$21,727$14,407
10 years$27,904$25,222$22,773$20,541$18,513$11,631
11 years$25,109$22,454$20,049$17,877$15,921$9,465
12 years$22,781$20,153$17,793$15,681$13,797$7,750
13 years$20,813$18,213$15,897$13,844$12,031$6,377
14 years$19,128$16,555$14,283$12,289$10,547$5,269
15 years$17,668$15,123$12,896$10,960$9,286$4,367
16 years$16,392$13,875$11,692$9,813$8,207$3,629
17 years$15,268$12,779$10,639$8,817$7,277$3,022
18 years$14,269$11,808$9,712$7,946$6,470$2,522
19 years$13,377$10,944$8,891$7,180$5,767$2,107
20 years$12,575$10,169$8,160$6,503$5,151$1,762
21 years$11,850$9,472$7,506$5,902$4,610$1,476
22 years$11,192$8,842$6,917$5,366$4,132$1,237
23 years$10,593$8,270$6,387$4,887$3,709$1,037
24 years$10,044$7,748$5,907$4,457$3,334$871
25 years$9,539$7,271$5,471$4,070$3,000$731
26 years$9,074$6,834$5,074$3,722$2,702$614
27 years$8,645$6,431$4,712$3,407$2,436$516
28 years$8,246$6,060$4,380$3,121$2,198$434
29 years$7,876$5,717$4,076$2,862$1,985$364
30 years$7,532$5,399$3,797$2,627$1,794$306
31 years$7,210$5,104$3,540$2,413$1,622$258
32 years$6,909$4,830$3,303$2,217$1,467$217
33 years$6,626$4,574$3,084$2,039$1,328$182
34 years$6,361$4,335$2,881$1,876$1,202$153
35 years$6,112$4,111$2,694$1,727$1,089$129
36 years$5,876$3,902$2,520$1,590$986$109
37 years$5,655$3,706$2,359$1,465$894$91
38 years$5,445$3,522$2,209$1,351$810$77
39 years$5,247$3,349$2,069$1,245$735$65
40 years$5,058$3,187$1,940$1,149$667$54
41 years$4,880$3,033$1,819$1,060$605$46
42 years$4,711$2,889$1,706$978$549$39
43 years$4,550$2,753$1,601$903$498$32
44 years$4,396$2,624$1,503$834$452$27
45 years$4,250$2,502$1,411$770$410$23
46 years$4,111$2,387$1,325$711$373$19
47 years$3,978$2,278$1,245$657$338$16
48 years$3,850$2,174$1,170$607$307$14
49 years$3,729$2,076$1,100$561$279$12
50 years$3,612$1,984$1,034$519$253$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $3,700,000, adding $5,101 every year, while hoping to spend $32,361 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: 50/22/28 Blend
50$3,700,000$3,700,000$3,700,000$3,700,000
51$4,082,662$3,886,562$3,829,212$4,254,210
52$4,464,661$4,042,571$3,923,058$4,530,678
53$4,884,540$4,205,141$4,018,964$4,827,379
54$5,346,128$4,374,558$4,116,965$5,149,251
55$5,853,644$4,551,122$4,217,094$5,498,697
56$6,411,736$4,735,147$4,319,387$5,878,362
57$7,025,526$4,926,962$4,423,879$6,291,152
58$7,700,655$5,126,909$4,530,605$6,740,267
59$8,443,342$5,335,347$4,639,599$7,229,224
60$9,260,435$5,552,651$4,750,898$7,761,895
61$10,159,481$5,779,213$4,864,535$8,342,539
62$11,148,796$6,015,442$4,980,545$8,975,842
63$12,237,543$6,261,768$5,098,963$9,666,961
64$13,435,816$6,518,639$5,219,821$10,421,573
65$14,754,739$6,786,522$5,343,155$11,245,924
66$16,206,569$7,065,908$5,468,998$12,146,891
67$17,804,811$7,357,310$5,597,382$13,132,043
68$19,564,347$7,661,264$5,728,339$14,209,713
69$21,501,575$7,978,330$5,861,903$15,389,075
70$23,634,562$8,309,094$5,998,103$16,680,229
71$25,983,218$8,654,170$6,136,970$18,094,296
72$28,569,482$9,014,200$6,278,534$19,643,520
73$31,417,528$9,389,855$6,422,824$21,341,385
74$34,553,994$9,781,837$6,569,867$23,202,739
75$38,008,234$10,190,879$6,719,690$25,243,933
76$41,812,594$10,617,752$6,872,319$27,482,973
77$46,002,715$11,063,258$7,027,778$29,939,693
78$50,617,873$11,528,239$7,186,090$32,635,933
79$55,701,348$12,013,574$7,347,276$35,595,751
80$61,300,831$12,520,186$7,511,356$38,845,642
81$67,468,877$13,049,036$7,678,348$42,414,791
82$74,263,398$13,601,134$7,848,268$46,335,347
83$81,748,210$14,177,535$8,021,130$50,642,718
84$89,993,636$14,779,343$8,196,947$55,375,913
85$99,077,169$15,407,713$8,375,727$60,577,899
86$109,084,205$16,063,855$8,557,478$66,296,010
87$120,108,845$16,749,035$8,742,204$72,582,389
88$132,254,786$17,464,577$8,929,907$79,494,482
89$145,636,301$18,211,869$9,120,586$87,095,571
90$160,379,314$18,992,360$9,314,236$95,455,375
91$176,622,590$19,807,571$9,510,848$104,650,700
92$194,519,044$20,659,092$9,710,412$114,766,169
93$214,237,186$21,548,588$9,912,910$125,895,009
94$235,962,711$22,477,800$10,118,324$138,139,935
95$259,900,249$23,448,554$10,326,630$151,614,112
96$286,275,300$24,462,759$10,537,798$166,442,224
97$315,336,361$25,522,414$10,751,794$182,761,645
98$347,357,271$26,629,614$10,968,581$200,723,731
99$382,639,797$27,786,550$11,188,113$220,495,250
100$421,516,481$28,995,515$11,410,339$242,259,947