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

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$322,058$319,190$316,391$313,659$310,991$307,872
2 years$159,435$156,466$153,588$150,798$148,091$144,949
3 years$105,234$102,252$99,381$96,617$93,955$90,888
4 years$78,139$75,166$72,324$69,607$67,010$64,041
5 years$61,886$58,931$56,127$53,465$50,940$48,078
6 years$51,055$48,122$45,359$42,757$40,307$37,556
7 years$43,321$40,412$37,693$35,153$32,780$30,142
8 years$37,523$34,641$31,967$29,489$27,194$24,668
9 years$33,016$30,161$27,533$25,118$22,902$20,486
10 years$29,412$26,586$24,004$21,652$19,513$17,208
11 years$26,466$23,668$21,133$18,843$16,782$14,584
12 years$24,013$21,243$18,755$16,528$14,543$12,450
13 years$21,938$19,197$16,756$14,592$12,682$10,692
14 years$20,161$17,450$15,055$12,953$11,117$9,227
15 years$18,623$15,941$13,593$11,552$9,788$7,996
16 years$17,278$14,625$12,324$10,343$8,651$6,953
17 years$16,093$13,469$11,214$9,294$7,670$6,064
18 years$15,041$12,446$10,237$8,375$6,820$5,303
19 years$14,100$11,535$9,372$7,568$6,079$4,646
20 years$13,255$10,719$8,601$6,854$5,430$4,079
21 years$12,491$9,984$7,911$6,221$4,859$3,587
22 years$11,797$9,320$7,291$5,656$4,355$3,158
23 years$11,165$8,717$6,732$5,151$3,910$2,784
24 years$10,586$8,167$6,226$4,698$3,514$2,458
25 years$10,055$7,664$5,767$4,290$3,162$2,171
26 years$9,565$7,203$5,348$3,923$2,848$1,919
27 years$9,112$6,779$4,966$3,591$2,568$1,698
28 years$8,692$6,388$4,617$3,290$2,317$1,504
29 years$8,302$6,026$4,296$3,017$2,092$1,332
30 years$7,939$5,691$4,002$2,769$1,891$1,180
31 years$7,599$5,380$3,731$2,543$1,709$1,047
32 years$7,282$5,091$3,481$2,337$1,546$928
33 years$6,984$4,821$3,250$2,149$1,399$824
34 years$6,705$4,569$3,037$1,977$1,267$731
35 years$6,442$4,334$2,839$1,820$1,147$649
36 years$6,194$4,113$2,656$1,676$1,040$576
37 years$5,960$3,907$2,486$1,545$942$512
38 years$5,739$3,713$2,328$1,424$854$455
39 years$5,530$3,531$2,181$1,313$775$404
40 years$5,332$3,359$2,044$1,211$703$359
41 years$5,144$3,197$1,917$1,117$637$319
42 years$4,965$3,045$1,798$1,031$578$284
43 years$4,795$2,901$1,687$952$525$252
44 years$4,634$2,766$1,584$879$477$224
45 years$4,480$2,637$1,487$812$433$199
46 years$4,333$2,516$1,397$750$393$177
47 years$4,193$2,401$1,312$693$357$158
48 years$4,059$2,292$1,233$640$324$140
49 years$3,930$2,189$1,159$591$294$125
50 years$3,808$2,091$1,090$547$267$111

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 $3,378 every year, while hoping to spend $31,477 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: 54/17/29 Blend
50$3,900,000$3,900,000$3,900,000$3,900,000
51$4,301,284$4,094,584$4,034,134$4,498,631
52$4,706,524$4,261,728$4,135,787$4,802,759
53$5,152,043$4,436,006$4,239,789$5,130,206
54$5,641,917$4,617,736$4,346,188$5,486,096
55$6,180,636$4,807,248$4,455,028$5,873,176
56$6,773,146$5,004,888$4,566,357$6,294,464
57$7,424,898$5,211,019$4,680,221$6,753,281
58$8,141,896$5,426,018$4,796,667$7,253,284
59$8,930,758$5,650,281$4,915,743$7,798,495
60$9,798,773$5,884,222$5,037,498$8,393,339
61$10,753,973$6,128,274$5,161,980$9,042,690
62$11,805,209$6,382,890$5,289,237$9,751,908
63$12,962,232$6,648,544$5,419,318$10,526,896
64$14,235,788$6,925,731$5,552,274$11,374,151
65$15,637,716$7,214,970$5,688,153$12,300,827
66$17,181,062$7,516,802$5,827,004$13,314,799
67$18,880,200$7,831,795$5,968,879$14,424,736
68$20,750,971$8,160,544$6,113,827$15,640,186
69$22,810,828$8,503,668$6,261,898$16,971,660
70$25,079,002$8,861,817$6,413,141$18,430,735
71$27,576,687$9,235,673$6,567,608$20,030,158
72$30,327,233$9,625,945$6,725,347$21,783,966
73$33,356,374$10,033,380$6,886,409$23,707,621
74$36,692,464$10,458,755$7,050,844$25,818,150
75$40,366,747$10,902,886$7,218,699$28,134,306
76$44,413,655$11,366,627$7,390,025$30,676,745
77$48,871,126$11,850,870$7,564,869$33,468,218
78$53,780,969$12,356,550$7,743,280$36,533,785
79$59,189,253$12,884,646$7,925,305$39,901,050
80$65,146,744$13,436,182$8,110,990$43,600,420
81$71,709,385$14,012,228$8,300,382$47,665,391
82$78,938,823$14,613,907$8,493,525$52,132,859
83$86,902,988$15,242,394$8,690,463$57,043,474
84$95,676,739$15,898,918$8,891,240$62,442,013
85$105,342,566$16,584,764$9,095,896$68,377,807
86$115,991,372$17,301,282$9,304,473$74,905,203
87$127,723,328$18,049,880$9,517,009$82,084,075
88$140,648,819$18,832,037$9,733,541$89,980,384
89$154,889,489$19,649,297$9,954,104$98,666,806
90$170,579,383$20,503,279$10,178,733$108,223,407
91$187,866,219$21,395,678$10,407,459$118,738,401
92$206,912,775$22,328,268$10,640,311$130,308,983
93$227,898,432$23,302,907$10,877,316$143,042,236
94$251,020,864$24,321,541$11,118,498$157,056,146
95$276,497,903$25,386,208$11,363,878$172,480,713
96$304,569,597$26,499,039$11,613,475$189,459,168
97$335,500,473$27,662,270$11,867,305$208,149,332
98$369,582,040$28,878,240$12,125,378$228,725,094
99$407,135,533$30,149,399$12,387,703$251,378,057
100$448,514,950$31,478,312$12,654,284$276,319,335