Can I retire at age 51 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$322,058$319,190$316,391$313,659$310,991$300,316
2 years$159,435$156,466$153,588$150,798$148,091$137,444
3 years$105,234$102,252$99,381$96,617$93,955$83,671
4 years$78,139$75,166$72,324$69,607$67,010$57,168
5 years$61,886$58,931$56,127$53,465$50,940$41,566
6 years$51,055$48,122$45,359$42,757$40,307$31,408
7 years$43,321$40,412$37,693$35,153$32,780$24,355
8 years$37,523$34,641$31,967$29,489$27,194$19,236
9 years$33,016$30,161$27,533$25,118$22,902$15,401
10 years$29,412$26,586$24,004$21,652$19,513$12,457
11 years$26,466$23,668$21,133$18,843$16,782$10,157
12 years$24,013$21,243$18,755$16,528$14,543$8,333
13 years$21,938$19,197$16,756$14,592$12,682$6,872
14 years$20,161$17,450$15,055$12,953$11,117$5,689
15 years$18,623$15,941$13,593$11,552$9,788$4,725
16 years$17,278$14,625$12,324$10,343$8,651$3,935
17 years$16,093$13,469$11,214$9,294$7,670$3,285
18 years$15,041$12,446$10,237$8,375$6,820$2,746
19 years$14,100$11,535$9,372$7,568$6,079$2,300
20 years$13,255$10,719$8,601$6,854$5,430$1,928
21 years$12,491$9,984$7,911$6,221$4,859$1,619
22 years$11,797$9,320$7,291$5,656$4,355$1,360
23 years$11,165$8,717$6,732$5,151$3,910$1,143
24 years$10,586$8,167$6,226$4,698$3,514$962
25 years$10,055$7,664$5,767$4,290$3,162$809
26 years$9,565$7,203$5,348$3,923$2,848$681
27 years$9,112$6,779$4,966$3,591$2,568$574
28 years$8,692$6,388$4,617$3,290$2,317$484
29 years$8,302$6,026$4,296$3,017$2,092$407
30 years$7,939$5,691$4,002$2,769$1,891$343
31 years$7,599$5,380$3,731$2,543$1,709$290
32 years$7,282$5,091$3,481$2,337$1,546$244
33 years$6,984$4,821$3,250$2,149$1,399$206
34 years$6,705$4,569$3,037$1,977$1,267$174
35 years$6,442$4,334$2,839$1,820$1,147$146
36 years$6,194$4,113$2,656$1,676$1,040$124
37 years$5,960$3,907$2,486$1,545$942$104
38 years$5,739$3,713$2,328$1,424$854$88
39 years$5,530$3,531$2,181$1,313$775$74
40 years$5,332$3,359$2,044$1,211$703$63
41 years$5,144$3,197$1,917$1,117$637$53
42 years$4,965$3,045$1,798$1,031$578$45
43 years$4,795$2,901$1,687$952$525$38
44 years$4,634$2,766$1,584$879$477$32
45 years$4,480$2,637$1,487$812$433$27
46 years$4,333$2,516$1,397$750$393$23
47 years$4,193$2,401$1,312$693$357$19
48 years$4,059$2,292$1,233$640$324$16
49 years$3,930$2,189$1,159$591$294$14
50 years$3,808$2,091$1,090$547$267$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $3,900,000, adding $4,218 every year, while hoping to spend $55,455 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: 78/12/10 Blend
50$3,900,000$3,900,000$3,900,000$3,900,000
51$4,302,151$4,095,451$4,035,001$4,630,123
52$4,681,967$4,237,124$4,111,170$4,987,929
53$5,098,665$4,383,881$4,188,032$5,372,688
54$5,555,949$4,535,912$4,265,551$5,793,071
55$6,057,899$4,693,414$4,343,690$6,252,605
56$6,609,008$4,856,595$4,422,407$6,755,174
57$7,214,226$5,025,667$4,501,657$7,305,055
58$7,879,005$5,200,853$4,581,391$7,906,958
59$8,609,354$5,382,385$4,661,557$8,566,072
60$9,411,888$5,570,503$4,742,100$9,288,108
61$10,293,900$5,765,456$4,822,959$10,079,359
62$11,263,419$5,967,505$4,904,070$10,946,753
63$12,329,295$6,176,920$4,985,363$11,897,926
64$13,501,276$6,393,982$5,066,766$12,941,282
65$14,790,102$6,618,983$5,148,199$14,086,085
66$16,207,607$6,852,228$5,229,578$15,342,534
67$17,766,829$7,094,032$5,310,814$16,721,867
68$19,482,131$7,344,726$5,391,812$18,236,464
69$21,369,342$7,604,651$5,472,471$19,899,961
70$23,445,899$7,874,163$5,552,683$21,727,382
71$25,731,017$8,153,633$5,632,334$23,735,278
72$28,245,866$8,443,446$5,711,303$25,941,882
73$31,013,774$8,744,005$5,789,461$28,367,284
74$34,060,443$9,055,725$5,866,673$31,033,615
75$37,414,196$9,379,043$5,942,794$33,965,259
76$41,106,238$9,714,411$6,017,672$37,189,083
77$45,170,957$10,062,299$6,091,146$40,734,685
78$49,646,241$10,423,198$6,163,046$44,634,680
79$54,573,841$10,797,619$6,233,191$48,924,999
80$59,999,762$11,186,091$6,301,393$53,645,234
81$65,974,698$11,589,170$6,367,449$58,839,010
82$72,554,509$12,007,431$6,431,151$64,554,392
83$79,800,748$12,441,474$6,492,273$70,844,342
84$87,781,242$12,891,924$6,550,582$77,767,216
85$96,570,732$13,359,432$6,605,830$85,387,315
86$106,251,578$13,844,675$6,657,757$93,775,491
87$116,914,535$14,348,361$6,706,088$103,009,815
88$128,659,611$14,871,223$6,750,535$113,176,313
89$141,597,007$15,414,030$6,790,794$124,369,775
90$155,848,163$15,977,578$6,826,547$136,694,653
91$171,546,897$16,562,701$6,857,458$150,266,043
92$188,840,672$17,170,265$6,883,174$165,210,771
93$207,891,986$17,801,173$6,903,325$181,668,590
94$228,879,905$18,456,367$6,917,523$199,793,498
95$252,001,754$19,136,828$6,925,359$219,755,188
96$277,474,979$19,843,579$6,926,405$241,740,653
97$305,539,198$20,577,685$6,920,210$265,955,948
98$336,458,463$21,340,258$6,906,304$292,628,134
99$370,523,753$22,132,457$6,884,191$322,007,418
100$408,055,717$22,955,489$6,853,354$354,369,518