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

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 $3,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$313,800$311,005$308,278$305,616$303,017$291,802
2 years$155,347$152,454$149,650$146,931$144,294$133,121
3 years$102,536$99,630$96,833$94,140$91,546$80,767
4 years$76,135$73,239$70,470$67,823$65,291$54,989
5 years$60,299$57,420$54,687$52,094$49,633$39,834
6 years$49,745$46,888$44,196$41,660$39,273$29,984
7 years$42,210$39,376$36,727$34,251$31,940$23,158
8 years$36,561$33,753$31,147$28,732$26,497$18,215
9 years$32,169$29,388$26,827$24,474$22,314$14,521
10 years$28,658$25,904$23,388$21,097$19,013$11,694
11 years$25,787$23,061$20,591$18,360$16,352$9,491
12 years$23,397$20,698$18,274$16,104$14,170$7,751
13 years$21,376$18,705$16,326$14,218$12,357$6,361
14 years$19,645$17,002$14,669$12,621$10,832$5,240
15 years$18,146$15,532$13,244$11,256$9,537$4,331
16 years$16,835$14,250$12,008$10,078$8,429$3,589
17 years$15,681$13,124$10,927$9,055$7,474$2,980
18 years$14,655$12,127$9,975$8,161$6,645$2,479
19 years$13,739$11,239$9,131$7,374$5,923$2,065
20 years$12,915$10,444$8,380$6,678$5,291$1,722
21 years$12,171$9,728$7,708$6,061$4,734$1,437
22 years$11,495$9,081$7,104$5,511$4,244$1,201
23 years$10,879$8,493$6,560$5,019$3,809$1,004
24 years$10,315$7,958$6,067$4,578$3,424$840
25 years$9,797$7,468$5,619$4,180$3,081$703
26 years$9,320$7,019$5,211$3,822$2,775$588
27 years$8,878$6,605$4,839$3,499$2,502$493
28 years$8,469$6,224$4,499$3,206$2,258$413
29 years$8,089$5,872$4,186$2,940$2,039$346
30 years$7,735$5,545$3,899$2,698$1,842$290
31 years$7,405$5,242$3,635$2,478$1,665$243
32 years$7,095$4,960$3,392$2,277$1,507$204
33 years$6,805$4,697$3,167$2,094$1,363$171
34 years$6,533$4,452$2,959$1,927$1,234$143
35 years$6,277$4,223$2,766$1,774$1,118$120
36 years$6,035$4,008$2,588$1,633$1,013$101
37 years$5,807$3,807$2,422$1,505$918$84
38 years$5,592$3,618$2,268$1,387$832$71
39 years$5,388$3,440$2,125$1,279$755$59
40 years$5,195$3,273$1,992$1,180$685$50
41 years$5,012$3,115$1,868$1,088$621$42
42 years$4,838$2,967$1,752$1,005$564$35
43 years$4,672$2,827$1,644$927$512$29
44 years$4,515$2,695$1,543$856$464$25
45 years$4,365$2,570$1,449$791$421$21
46 years$4,222$2,451$1,361$730$383$17
47 years$4,085$2,339$1,279$675$348$15
48 years$3,954$2,233$1,202$624$316$12
49 years$3,830$2,133$1,129$576$287$10
50 years$3,710$2,037$1,062$533$260$9

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 $2,379 every year, while hoping to spend $52,680 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: 63/32/5 Blend
50$3,800,000$3,800,000$3,800,000$3,800,000
51$4,190,054$3,988,654$3,929,754$4,450,768
52$4,561,388$4,128,047$4,005,350$4,764,043
53$4,968,833$4,272,504$4,081,712$5,099,498
54$5,416,016$4,422,219$4,158,811$5,464,348
55$5,906,933$4,577,391$4,236,615$5,861,434
56$6,445,986$4,738,229$4,315,087$6,293,880
57$7,038,024$4,904,949$4,394,190$6,765,123
58$7,688,387$5,077,777$4,473,880$7,278,946
59$8,402,961$5,256,946$4,554,114$7,839,509
60$9,188,228$5,442,702$4,634,841$8,451,393
61$10,051,329$5,635,296$4,716,010$9,119,639
62$11,000,132$5,834,993$4,797,564$9,849,794
63$12,043,306$6,042,068$4,879,443$10,647,967
64$13,190,400$6,256,806$4,961,581$11,520,878
65$14,451,936$6,479,504$5,043,909$12,475,931
66$15,839,506$6,710,473$5,126,352$13,521,273
67$17,365,882$6,950,033$5,208,832$14,665,875
68$19,045,138$7,198,520$5,291,264$15,919,616
69$20,892,777$7,456,283$5,373,556$17,293,374
70$22,925,885$7,723,685$5,455,615$18,799,125
71$25,163,284$8,001,104$5,537,336$20,450,060
72$27,625,714$8,288,934$5,618,613$22,260,706
73$30,336,030$8,587,584$5,699,329$24,247,059
74$33,319,411$8,897,482$5,779,363$26,426,740
75$36,603,604$9,219,072$5,858,584$28,819,154
76$40,219,181$9,552,816$5,936,857$31,445,675
77$44,199,831$9,899,197$6,014,035$34,329,846
78$48,582,673$10,258,717$6,089,964$37,497,598
79$53,408,611$10,631,899$6,164,483$40,977,496
80$58,722,715$11,019,288$6,237,419$44,801,007
81$64,574,650$11,421,451$6,308,590$49,002,791
82$71,019,142$11,838,981$6,377,806$53,621,031
83$78,116,496$12,272,492$6,444,864$58,697,791
84$85,933,162$12,722,627$6,509,550$64,279,411
85$94,542,364$13,190,056$6,571,640$70,416,940
86$104,024,792$13,675,475$6,630,897$77,166,618
87$114,469,359$14,179,612$6,687,070$84,590,409
88$125,974,044$14,703,224$6,739,898$92,756,574
89$138,646,815$15,247,100$6,789,103$101,740,323
90$152,606,646$15,812,064$6,834,393$111,624,517
91$167,984,643$16,398,974$6,875,464$122,500,449
92$184,925,276$17,008,723$6,911,992$134,468,705
93$203,587,750$17,642,246$6,943,639$147,640,108
94$224,147,499$18,300,515$6,970,050$162,136,766
95$246,797,847$18,984,543$6,990,849$178,093,216
96$271,751,830$19,695,389$7,005,646$195,657,697
97$299,244,209$20,434,155$7,014,027$214,993,542
98$329,533,682$21,201,992$7,015,561$236,280,720
99$362,905,327$22,000,100$7,009,792$259,717,529
100$399,673,296$22,829,730$6,996,245$285,522,468