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%18.9%
1 years$322,058$319,190$316,391$313,659$310,991$299,838
2 years$159,435$156,466$153,588$150,798$148,091$136,975
3 years$105,234$102,252$99,381$96,617$93,955$83,225
4 years$78,139$75,166$72,324$69,607$67,010$56,748
5 years$61,886$58,931$56,127$53,465$50,940$41,174
6 years$51,055$48,122$45,359$42,757$40,307$31,044
7 years$43,321$40,412$37,693$35,153$32,780$24,018
8 years$37,523$34,641$31,967$29,489$27,194$18,925
9 years$33,016$30,161$27,533$25,118$22,902$15,114
10 years$29,412$26,586$24,004$21,652$19,513$12,195
11 years$26,466$23,668$21,133$18,843$16,782$9,917
12 years$24,013$21,243$18,755$16,528$14,543$8,115
13 years$21,938$19,197$16,756$14,592$12,682$6,673
14 years$20,161$17,450$15,055$12,953$11,117$5,509
15 years$18,623$15,941$13,593$11,552$9,788$4,563
16 years$17,278$14,625$12,324$10,343$8,651$3,789
17 years$16,093$13,469$11,214$9,294$7,670$3,153
18 years$15,041$12,446$10,237$8,375$6,820$2,629
19 years$14,100$11,535$9,372$7,568$6,079$2,195
20 years$13,255$10,719$8,601$6,854$5,430$1,835
21 years$12,491$9,984$7,911$6,221$4,859$1,535
22 years$11,797$9,320$7,291$5,656$4,355$1,286
23 years$11,165$8,717$6,732$5,151$3,910$1,077
24 years$10,586$8,167$6,226$4,698$3,514$903
25 years$10,055$7,664$5,767$4,290$3,162$758
26 years$9,565$7,203$5,348$3,923$2,848$636
27 years$9,112$6,779$4,966$3,591$2,568$534
28 years$8,692$6,388$4,617$3,290$2,317$448
29 years$8,302$6,026$4,296$3,017$2,092$377
30 years$7,939$5,691$4,002$2,769$1,891$316
31 years$7,599$5,380$3,731$2,543$1,709$266
32 years$7,282$5,091$3,481$2,337$1,546$223
33 years$6,984$4,821$3,250$2,149$1,399$188
34 years$6,705$4,569$3,037$1,977$1,267$158
35 years$6,442$4,334$2,839$1,820$1,147$133
36 years$6,194$4,113$2,656$1,676$1,040$112
37 years$5,960$3,907$2,486$1,545$942$94
38 years$5,739$3,713$2,328$1,424$854$79
39 years$5,530$3,531$2,181$1,313$775$66
40 years$5,332$3,359$2,044$1,211$703$56
41 years$5,144$3,197$1,917$1,117$637$47
42 years$4,965$3,045$1,798$1,031$578$39
43 years$4,795$2,901$1,687$952$525$33
44 years$4,634$2,766$1,584$879$477$28
45 years$4,480$2,637$1,487$812$433$23
46 years$4,333$2,516$1,397$750$393$20
47 years$4,193$2,401$1,312$693$357$17
48 years$4,059$2,292$1,233$640$324$14
49 years$3,930$2,189$1,159$591$294$12
50 years$3,808$2,091$1,090$547$267$10

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 $5,030 every year, while hoping to spend $25,485 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: 68/13/19 Blend
50$3,900,000$3,900,000$3,900,000$3,900,000
51$4,302,988$4,096,288$4,035,838$4,575,170
52$4,714,777$4,269,891$4,143,923$4,931,298
53$5,167,715$4,451,145$4,254,775$5,317,266
54$5,665,971$4,640,400$4,368,459$5,738,844
55$6,214,140$4,838,020$4,485,042$6,199,537
56$6,817,285$5,044,386$4,604,594$6,703,204
57$7,480,983$5,259,897$4,727,183$7,254,095
58$8,211,382$5,484,970$4,852,882$7,856,884
59$9,015,253$5,720,043$4,981,763$8,516,722
60$9,900,057$5,965,573$5,113,901$9,239,276
61$10,874,016$6,222,040$5,249,370$10,030,787
62$11,946,190$6,489,944$5,388,248$10,898,129
63$13,126,561$6,769,811$5,530,614$11,848,869
64$14,426,128$7,062,190$5,676,548$12,891,339
65$15,857,012$7,367,656$5,826,131$14,034,718
66$17,432,568$7,686,812$5,979,447$15,289,111
67$19,167,512$8,020,288$6,136,581$16,665,648
68$21,078,061$8,368,744$6,297,618$18,176,589
69$23,182,082$8,732,872$6,462,647$19,835,436
70$25,499,266$9,113,394$6,631,758$21,657,059
71$28,051,310$9,511,070$6,805,041$23,657,839
72$30,862,124$9,926,692$6,982,589$25,855,819
73$33,958,051$10,361,091$7,164,497$28,270,873
74$37,368,125$10,815,137$7,350,861$30,924,895
75$41,124,337$11,289,742$7,541,778$33,842,000
76$45,261,940$11,785,859$7,737,347$37,048,755
77$49,819,779$12,304,488$7,937,670$40,574,427
78$54,840,664$12,846,675$8,142,849$44,451,258
79$60,371,766$13,413,516$8,352,989$48,714,765
80$66,465,067$14,006,159$8,568,195$53,404,081
81$73,177,849$14,625,806$8,788,575$58,562,315
82$80,573,235$15,273,717$9,014,238$64,236,961
83$88,720,785$15,951,209$9,245,295$70,480,348
84$97,697,151$16,659,664$9,481,858$77,350,126
85$107,586,802$17,400,529$9,724,042$84,909,812
86$118,482,820$18,175,319$9,971,962$93,229,389
87$130,487,781$18,985,623$10,225,735$102,385,961
88$143,714,718$19,833,102$10,485,481$112,464,482
89$158,288,195$20,719,499$10,751,320$123,558,556
90$174,345,475$21,646,639$11,023,373$135,771,316
91$192,037,822$22,616,433$11,301,765$149,216,398
92$211,531,925$23,630,883$11,586,619$164,019,010
93$233,011,473$24,692,089$11,878,063$180,317,113
94$256,678,890$25,802,247$12,176,224$198,262,719
95$282,757,240$26,963,661$12,481,231$218,023,324
96$311,492,341$28,178,743$12,793,215$239,783,489
97$343,155,079$29,450,020$13,112,307$263,746,575
98$378,043,967$30,780,141$13,438,639$290,136,664
99$416,487,965$32,171,882$13,772,347$319,200,671
100$458,849,581$33,628,147$14,113,564$351,210,667