Can I retire at age 51 with 3,800,000?

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$313,800$311,005$308,278$305,616$303,017$296,536
2 years$155,347$152,454$149,650$146,931$144,294$137,795
3 years$102,536$99,630$96,833$94,140$91,546$85,233
4 years$76,135$73,239$70,470$67,823$65,291$59,213
5 years$60,299$57,420$54,687$52,094$49,633$43,807
6 years$49,745$46,888$44,196$41,660$39,273$33,705
7 years$42,210$39,376$36,727$34,251$31,940$26,630
8 years$36,561$33,753$31,147$28,732$26,497$21,445
9 years$32,169$29,388$26,827$24,474$22,314$17,516
10 years$28,658$25,904$23,388$21,097$19,013$14,463
11 years$25,787$23,061$20,591$18,360$16,352$12,045
12 years$23,397$20,698$18,274$16,104$14,170$10,099
13 years$21,376$18,705$16,326$14,218$12,357$8,515
14 years$19,645$17,002$14,669$12,621$10,832$7,212
15 years$18,146$15,532$13,244$11,256$9,537$6,131
16 years$16,835$14,250$12,008$10,078$8,429$5,228
17 years$15,681$13,124$10,927$9,055$7,474$4,470
18 years$14,655$12,127$9,975$8,161$6,645$3,830
19 years$13,739$11,239$9,131$7,374$5,923$3,288
20 years$12,915$10,444$8,380$6,678$5,291$2,827
21 years$12,171$9,728$7,708$6,061$4,734$2,434
22 years$11,495$9,081$7,104$5,511$4,244$2,098
23 years$10,879$8,493$6,560$5,019$3,809$1,810
24 years$10,315$7,958$6,067$4,578$3,424$1,563
25 years$9,797$7,468$5,619$4,180$3,081$1,350
26 years$9,320$7,019$5,211$3,822$2,775$1,168
27 years$8,878$6,605$4,839$3,499$2,502$1,010
28 years$8,469$6,224$4,499$3,206$2,258$874
29 years$8,089$5,872$4,186$2,940$2,039$757
30 years$7,735$5,545$3,899$2,698$1,842$656
31 years$7,405$5,242$3,635$2,478$1,665$568
32 years$7,095$4,960$3,392$2,277$1,507$492
33 years$6,805$4,697$3,167$2,094$1,363$427
34 years$6,533$4,452$2,959$1,927$1,234$370
35 years$6,277$4,223$2,766$1,774$1,118$321
36 years$6,035$4,008$2,588$1,633$1,013$278
37 years$5,807$3,807$2,422$1,505$918$241
38 years$5,592$3,618$2,268$1,387$832$209
39 years$5,388$3,440$2,125$1,279$755$182
40 years$5,195$3,273$1,992$1,180$685$158
41 years$5,012$3,115$1,868$1,088$621$137
42 years$4,838$2,967$1,752$1,005$564$119
43 years$4,672$2,827$1,644$927$512$103
44 years$4,515$2,695$1,543$856$464$89
45 years$4,365$2,570$1,449$791$421$78
46 years$4,222$2,451$1,361$730$383$67
47 years$4,085$2,339$1,279$675$348$58
48 years$3,954$2,233$1,202$624$316$51
49 years$3,830$2,133$1,129$576$287$44
50 years$3,710$2,037$1,062$533$260$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $3,800,000, adding $5,976 every year, while hoping to spend $58,162 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: 53/18/29 Blend
50$3,800,000$3,800,000$3,800,000$3,800,000
51$4,193,764$3,992,364$3,933,464$4,381,719
52$4,559,644$4,126,106$4,003,351$4,646,554
53$4,960,895$4,264,452$4,073,630$4,928,236
54$5,401,062$4,407,566$4,144,253$5,233,656
55$5,884,052$4,555,619$4,215,167$5,565,111
56$6,414,168$4,708,787$4,286,318$5,925,132
57$6,996,149$4,867,253$4,357,645$6,316,503
58$7,635,215$5,031,208$4,429,086$6,742,291
59$8,337,119$5,200,848$4,500,571$7,205,872
60$9,108,194$5,376,379$4,572,030$7,710,963
61$9,955,421$5,558,013$4,643,384$8,261,658
62$10,886,488$5,745,969$4,714,551$8,862,464
63$11,909,866$5,940,478$4,785,445$9,518,346
64$13,034,886$6,141,775$4,855,971$10,234,771
65$14,271,830$6,350,108$4,926,032$11,017,761
66$15,632,025$6,565,732$4,995,522$11,873,950
67$17,127,951$6,788,912$5,064,332$12,810,643
68$18,773,357$7,019,923$5,132,342$13,835,887
69$20,583,393$7,259,053$5,199,429$14,958,549
70$22,574,749$7,506,597$5,265,460$16,188,392
71$24,765,818$7,762,864$5,330,297$17,536,176
72$27,176,861$8,028,175$5,393,792$19,013,751
73$29,830,206$8,302,860$5,455,789$20,634,175
74$32,750,453$8,587,267$5,516,124$22,411,831
75$35,964,709$8,881,753$5,574,624$24,362,567
76$39,502,841$9,186,690$5,631,105$26,503,844
77$43,397,759$9,502,466$5,685,376$28,854,898
78$47,685,725$9,829,482$5,737,231$31,436,924
79$52,406,699$10,168,156$5,786,457$34,273,275
80$57,604,708$10,518,921$5,832,830$37,389,681
81$63,328,268$10,882,229$5,876,110$40,814,492
82$69,630,840$11,258,546$5,916,048$44,578,946
83$76,571,332$11,648,361$5,952,381$48,717,463
84$84,214,655$12,052,178$5,984,833$53,267,968
85$92,632,338$12,470,523$6,013,114$58,272,249
86$101,903,200$12,903,942$6,036,917$63,776,355
87$112,114,095$13,353,004$6,055,921$69,831,025
88$123,360,729$13,818,297$6,069,791$76,492,166
89$135,748,566$14,300,437$6,078,172$83,821,388
90$149,393,821$14,800,060$6,080,692$91,886,576
91$164,424,558$15,317,830$6,076,963$100,762,535
92$180,981,896$15,854,436$6,066,574$110,531,697
93$199,221,342$16,410,596$6,049,097$121,284,893
94$219,314,259$16,987,056$6,024,082$133,122,217
95$241,449,483$17,584,591$5,991,058$146,153,965
96$265,835,103$18,204,008$5,949,531$160,501,679
97$292,700,425$18,846,147$5,898,982$176,299,292
98$322,298,140$19,511,880$5,838,869$193,694,391
99$354,906,703$20,202,115$5,768,625$212,849,615
100$390,832,966$20,917,797$5,687,652$233,944,182