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%18.9%
1 years$313,800$311,005$308,278$305,616$303,017$292,150
2 years$155,347$152,454$149,650$146,931$144,294$133,463
3 years$102,536$99,630$96,833$94,140$91,546$81,091
4 years$76,135$73,239$70,470$67,823$65,291$55,293
5 years$60,299$57,420$54,687$52,094$49,633$40,118
6 years$49,745$46,888$44,196$41,660$39,273$30,248
7 years$42,210$39,376$36,727$34,251$31,940$23,402
8 years$36,561$33,753$31,147$28,732$26,497$18,440
9 years$32,169$29,388$26,827$24,474$22,314$14,727
10 years$28,658$25,904$23,388$21,097$19,013$11,882
11 years$25,787$23,061$20,591$18,360$16,352$9,663
12 years$23,397$20,698$18,274$16,104$14,170$7,907
13 years$21,376$18,705$16,326$14,218$12,357$6,502
14 years$19,645$17,002$14,669$12,621$10,832$5,368
15 years$18,146$15,532$13,244$11,256$9,537$4,446
16 years$16,835$14,250$12,008$10,078$8,429$3,692
17 years$15,681$13,124$10,927$9,055$7,474$3,073
18 years$14,655$12,127$9,975$8,161$6,645$2,561
19 years$13,739$11,239$9,131$7,374$5,923$2,139
20 years$12,915$10,444$8,380$6,678$5,291$1,788
21 years$12,171$9,728$7,708$6,061$4,734$1,496
22 years$11,495$9,081$7,104$5,511$4,244$1,253
23 years$10,879$8,493$6,560$5,019$3,809$1,050
24 years$10,315$7,958$6,067$4,578$3,424$880
25 years$9,797$7,468$5,619$4,180$3,081$738
26 years$9,320$7,019$5,211$3,822$2,775$620
27 years$8,878$6,605$4,839$3,499$2,502$520
28 years$8,469$6,224$4,499$3,206$2,258$437
29 years$8,089$5,872$4,186$2,940$2,039$367
30 years$7,735$5,545$3,899$2,698$1,842$308
31 years$7,405$5,242$3,635$2,478$1,665$259
32 years$7,095$4,960$3,392$2,277$1,507$218
33 years$6,805$4,697$3,167$2,094$1,363$183
34 years$6,533$4,452$2,959$1,927$1,234$154
35 years$6,277$4,223$2,766$1,774$1,118$129
36 years$6,035$4,008$2,588$1,633$1,013$109
37 years$5,807$3,807$2,422$1,505$918$91
38 years$5,592$3,618$2,268$1,387$832$77
39 years$5,388$3,440$2,125$1,279$755$65
40 years$5,195$3,273$1,992$1,180$685$54
41 years$5,012$3,115$1,868$1,088$621$46
42 years$4,838$2,967$1,752$1,005$564$38
43 years$4,672$2,827$1,644$927$512$32
44 years$4,515$2,695$1,543$856$464$27
45 years$4,365$2,570$1,449$791$421$23
46 years$4,222$2,451$1,361$730$383$19
47 years$4,085$2,339$1,279$675$348$16
48 years$3,954$2,233$1,202$624$316$14
49 years$3,830$2,133$1,129$576$287$11
50 years$3,710$2,037$1,062$533$260$10

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 $6,531 every year, while hoping to spend $59,656 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: 73/5/22 Blend
50$3,800,000$3,800,000$3,800,000$3,800,000
51$4,194,337$3,992,937$3,934,037$4,477,520
52$4,558,686$4,125,117$4,002,353$4,799,007
53$4,958,199$4,261,775$4,070,959$5,143,335
54$5,396,399$4,403,067$4,139,801$5,519,087
55$5,877,170$4,549,154$4,208,822$5,929,382
56$6,404,784$4,700,206$4,277,960$6,377,654
57$6,983,951$4,856,395$4,347,151$6,867,686
58$7,619,859$5,017,903$4,416,326$7,403,644
59$8,318,221$5,184,917$4,485,409$7,990,119
60$9,085,331$5,357,630$4,554,322$8,632,165
61$9,928,125$5,536,243$4,622,981$9,335,354
62$10,854,240$5,720,965$4,691,298$10,105,821
63$11,872,092$5,912,013$4,759,176$10,950,327
64$12,990,953$6,109,609$4,826,516$11,876,318
65$14,221,037$6,313,987$4,893,211$12,892,000
66$15,573,598$6,525,387$4,959,148$14,006,413
67$17,061,033$6,744,058$5,024,208$15,229,517
68$18,697,002$6,970,261$5,088,263$16,572,285
69$20,496,556$7,204,264$5,151,180$18,046,811
70$22,476,278$7,446,346$5,212,817$19,666,414
71$24,654,436$7,696,795$5,273,025$21,445,776
72$27,051,163$7,955,912$5,331,645$23,401,070
73$29,688,638$8,224,008$5,388,512$25,550,117
74$32,591,300$8,501,406$5,443,448$27,912,557
75$35,786,079$8,788,441$5,496,269$30,510,027
76$39,302,644$9,085,460$5,546,780$33,366,370
77$43,173,690$9,392,824$5,594,773$36,507,860
78$47,435,242$9,710,907$5,640,033$39,963,448
79$52,126,993$10,040,098$5,682,331$43,765,035
80$57,292,684$10,380,801$5,721,427$47,947,775
81$62,980,511$10,733,433$5,757,067$52,550,404
82$69,243,581$11,098,429$5,788,987$57,615,610
83$76,140,414$11,476,240$5,816,907$63,190,428
84$83,735,495$11,867,335$5,840,532$69,326,692
85$92,099,880$12,272,199$5,859,554$76,081,520
86$101,311,869$12,691,338$5,873,650$83,517,854
87$111,457,741$13,125,275$5,882,479$91,705,054
88$122,632,572$13,574,554$5,885,684$100,719,551
89$134,941,130$14,039,743$5,882,889$110,645,571
90$148,498,861$14,521,426$5,873,702$121,575,930
91$163,432,983$15,020,214$5,857,709$133,612,907
92$179,883,684$15,536,742$5,834,479$146,869,213
93$198,005,444$16,071,666$5,803,558$161,469,052
94$217,968,492$16,625,670$5,764,470$177,549,297
95$239,960,415$17,199,465$5,716,717$195,260,777
96$264,187,928$17,793,789$5,659,777$214,769,707
97$290,878,820$18,409,409$5,593,104$236,259,252
98$320,284,111$19,047,121$5,516,124$259,931,258
99$352,680,415$19,707,754$5,428,238$286,008,158
100$388,372,552$20,392,169$5,328,819$314,735,071