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%11.3%
1 years$322,058$319,190$316,391$313,659$310,991$309,291
2 years$159,435$156,466$153,588$150,798$148,091$146,375
3 years$105,234$102,252$99,381$96,617$93,955$92,277
4 years$78,139$75,166$72,324$69,607$67,010$65,382
5 years$61,886$58,931$56,127$53,465$50,940$49,368
6 years$51,055$48,122$45,359$42,757$40,307$38,792
7 years$43,321$40,412$37,693$35,153$32,780$31,324
8 years$37,523$34,641$31,967$29,489$27,194$25,796
9 years$33,016$30,161$27,533$25,118$22,902$21,562
10 years$29,412$26,586$24,004$21,652$19,513$18,231
11 years$26,466$23,668$21,133$18,843$16,782$15,556
12 years$24,013$21,243$18,755$16,528$14,543$13,372
13 years$21,938$19,197$16,756$14,592$12,682$11,565
14 years$20,161$17,450$15,055$12,953$11,117$10,053
15 years$18,623$15,941$13,593$11,552$9,788$8,776
16 years$17,278$14,625$12,324$10,343$8,651$7,689
17 years$16,093$13,469$11,214$9,294$7,670$6,758
18 years$15,041$12,446$10,237$8,375$6,820$5,955
19 years$14,100$11,535$9,372$7,568$6,079$5,259
20 years$13,255$10,719$8,601$6,854$5,430$4,654
21 years$12,491$9,984$7,911$6,221$4,859$4,126
22 years$11,797$9,320$7,291$5,656$4,355$3,663
23 years$11,165$8,717$6,732$5,151$3,910$3,256
24 years$10,586$8,167$6,226$4,698$3,514$2,898
25 years$10,055$7,664$5,767$4,290$3,162$2,582
26 years$9,565$7,203$5,348$3,923$2,848$2,303
27 years$9,112$6,779$4,966$3,591$2,568$2,055
28 years$8,692$6,388$4,617$3,290$2,317$1,836
29 years$8,302$6,026$4,296$3,017$2,092$1,641
30 years$7,939$5,691$4,002$2,769$1,891$1,467
31 years$7,599$5,380$3,731$2,543$1,709$1,313
32 years$7,282$5,091$3,481$2,337$1,546$1,175
33 years$6,984$4,821$3,250$2,149$1,399$1,052
34 years$6,705$4,569$3,037$1,977$1,267$942
35 years$6,442$4,334$2,839$1,820$1,147$844
36 years$6,194$4,113$2,656$1,676$1,040$757
37 years$5,960$3,907$2,486$1,545$942$678
38 years$5,739$3,713$2,328$1,424$854$608
39 years$5,530$3,531$2,181$1,313$775$546
40 years$5,332$3,359$2,044$1,211$703$489
41 years$5,144$3,197$1,917$1,117$637$439
42 years$4,965$3,045$1,798$1,031$578$394
43 years$4,795$2,901$1,687$952$525$354
44 years$4,634$2,766$1,584$879$477$317
45 years$4,480$2,637$1,487$812$433$285
46 years$4,333$2,516$1,397$750$393$256
47 years$4,193$2,401$1,312$693$357$230
48 years$4,059$2,292$1,233$640$324$206
49 years$3,930$2,189$1,159$591$294$185
50 years$3,808$2,091$1,090$547$267$166

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 $2,927 every year, while hoping to spend $20,606 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: 56/29/15 Blend
50$3,900,000$3,900,000$3,900,000$3,900,000
51$4,300,819$4,094,119$4,033,669$4,524,683
52$4,717,578$4,272,806$4,146,872$4,855,685
53$5,176,156$4,459,559$4,263,177$5,213,578
54$5,680,796$4,654,749$4,382,666$5,602,958
55$6,236,175$4,858,770$4,505,423$6,026,845
56$6,847,444$5,072,029$4,631,534$6,488,556
57$7,520,281$5,294,956$4,761,089$6,991,737
58$8,260,941$5,528,000$4,894,176$7,540,401
59$9,076,317$5,771,632$5,030,891$8,138,958
60$9,974,002$6,026,343$5,171,327$8,792,261
61$10,962,367$6,292,650$5,315,582$9,505,644
62$12,050,631$6,571,093$5,463,758$10,284,980
63$13,248,957$6,862,238$5,615,955$11,136,726
64$14,568,541$7,166,678$5,772,280$12,067,990
65$16,021,720$7,485,033$5,932,839$13,086,590
66$17,622,090$7,817,954$6,097,743$14,201,131
67$19,384,632$8,166,122$6,267,106$15,421,084
68$21,325,853$8,530,251$6,441,043$16,756,870
69$23,463,944$8,911,087$6,619,672$18,219,962
70$25,818,950$9,309,415$6,803,115$19,822,986
71$28,412,960$9,726,053$6,991,497$21,579,843
72$31,270,315$10,161,862$7,184,944$23,505,835
73$34,417,835$10,617,741$7,383,588$25,617,809
74$37,885,077$11,094,634$7,587,562$27,934,311
75$41,704,612$11,593,528$7,797,002$30,475,764
76$45,912,331$12,115,459$8,012,049$33,264,653
77$50,547,782$12,661,510$8,232,847$36,325,737
78$55,654,550$13,232,818$8,459,541$39,686,282
79$61,280,662$13,830,574$8,692,283$43,376,310
80$67,479,041$14,456,024$8,931,227$47,428,886
81$74,308,009$15,110,475$9,176,529$51,880,423
82$81,831,835$15,795,297$9,428,351$56,771,024
83$90,121,339$16,511,924$9,686,858$62,144,857
84$99,254,567$17,261,859$9,952,219$68,050,567
85$109,317,520$18,046,678$10,224,606$74,541,736
86$120,404,973$18,868,031$10,504,196$81,677,379
87$132,621,364$19,727,648$10,791,170$89,522,502
88$146,081,782$20,627,341$11,085,713$98,148,708
89$160,913,053$21,569,010$11,388,014$107,634,872
90$177,254,938$22,554,646$11,698,266$118,067,879
91$195,261,451$23,586,332$12,016,667$129,543,440
92$215,102,313$24,666,257$12,343,420$142,166,988
93$236,964,555$25,796,710$12,678,731$156,054,674
94$261,054,283$26,980,092$13,022,811$171,334,453
95$287,598,623$28,218,920$13,375,878$188,147,288
96$316,847,865$29,515,829$13,738,152$206,648,474
97$349,077,826$30,873,583$14,109,859$227,009,100
98$384,592,454$32,295,079$14,491,230$249,417,656
99$423,726,698$33,783,352$14,882,500$274,081,805
100$466,849,669$35,341,583$15,283,911$301,230,337