Can I retire at age 51 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$330,316$327,374$324,503$321,702$318,966$310,499
2 years$163,523$160,477$157,526$154,664$151,888$143,418
3 years$107,932$104,874$101,930$99,095$96,364$88,154
4 years$80,143$77,093$74,179$71,392$68,728$60,842
5 years$63,473$60,442$57,566$54,836$52,246$44,705
6 years$52,364$49,356$46,522$43,853$41,340$34,153
7 years$44,431$41,449$38,660$36,054$33,621$26,787
8 years$38,485$35,529$32,787$30,245$27,892$21,408
9 years$33,863$30,935$28,239$25,762$23,489$17,349
10 years$30,167$27,267$24,619$22,207$20,014$14,210
11 years$27,145$24,274$21,675$19,327$17,212$11,737
12 years$24,628$21,787$19,236$16,952$14,916$9,758
13 years$22,501$19,689$17,186$14,966$13,007$8,156
14 years$20,678$17,897$15,441$13,285$11,402$6,846
15 years$19,101$16,349$13,942$11,848$10,039$5,767
16 years$17,722$15,000$12,640$10,609$8,873$4,873
17 years$16,506$13,815$11,502$9,532$7,867$4,127
18 years$15,426$12,765$10,500$8,590$6,995$3,503
19 years$14,462$11,831$9,612$7,762$6,235$2,978
20 years$13,595$10,994$8,821$7,030$5,569$2,535
21 years$12,811$10,240$8,114$6,380$4,984$2,161
22 years$12,100$9,559$7,478$5,801$4,467$1,844
23 years$11,451$8,940$6,905$5,283$4,010$1,575
24 years$10,858$8,376$6,386$4,818$3,604$1,346
25 years$10,313$7,861$5,915$4,400$3,243$1,151
26 years$9,810$7,388$5,486$4,024$2,921$985
27 years$9,346$6,953$5,094$3,683$2,634$843
28 years$8,915$6,552$4,735$3,374$2,377$722
29 years$8,515$6,181$4,407$3,094$2,146$618
30 years$8,142$5,837$4,105$2,840$1,939$530
31 years$7,794$5,518$3,827$2,608$1,753$454
32 years$7,469$5,221$3,570$2,397$1,586$389
33 years$7,163$4,945$3,334$2,204$1,435$334
34 years$6,877$4,686$3,115$2,028$1,299$286
35 years$6,607$4,445$2,912$1,867$1,177$246
36 years$6,353$4,219$2,724$1,719$1,066$211
37 years$6,113$4,007$2,550$1,584$966$181
38 years$5,886$3,808$2,388$1,460$876$155
39 years$5,672$3,621$2,237$1,346$795$133
40 years$5,469$3,445$2,097$1,242$721$114
41 years$5,276$3,279$1,966$1,146$654$98
42 years$5,093$3,123$1,844$1,057$593$84
43 years$4,918$2,976$1,731$976$538$72
44 years$4,753$2,837$1,624$901$489$62
45 years$4,595$2,705$1,525$832$444$53
46 years$4,444$2,580$1,433$769$403$46
47 years$4,300$2,462$1,346$710$366$39
48 years$4,163$2,351$1,265$656$332$34
49 years$4,031$2,245$1,189$607$302$29
50 years$3,905$2,144$1,118$561$274$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,000,000, adding $4,408 every year, while hoping to spend $34,536 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: 32/48/20 Blend
50$4,000,000$4,000,000$4,000,000$4,000,000
51$4,412,547$4,200,547$4,138,547$4,526,252
52$4,825,881$4,369,628$4,240,442$4,780,803
53$5,280,217$4,545,836$4,344,593$5,051,345
54$5,779,702$4,729,484$4,451,040$5,342,031
55$6,328,902$4,920,900$4,559,821$5,654,646
56$6,932,851$5,120,425$4,670,975$5,991,142
57$7,597,091$5,328,416$4,784,543$6,353,665
58$8,327,733$5,545,246$4,900,564$6,744,563
59$9,131,506$5,771,308$5,019,077$7,166,416
60$10,015,826$6,007,008$5,140,122$7,622,053
61$10,988,863$6,252,774$5,263,739$8,114,578
62$12,059,620$6,509,053$5,389,967$8,647,398
63$13,238,015$6,776,310$5,518,845$9,224,255
64$14,534,979$7,055,035$5,650,412$9,849,258
65$15,962,553$7,345,739$5,784,707$10,526,917
66$17,534,008$7,648,954$5,921,769$11,262,189
67$19,263,964$7,965,241$6,061,636$12,060,520
68$21,168,533$8,295,182$6,204,345$12,927,893
69$23,265,466$8,639,389$6,349,934$13,870,884
70$25,574,326$8,998,501$6,498,439$14,896,719
71$28,116,666$9,373,186$6,649,895$16,013,345
72$30,916,238$9,764,145$6,804,339$17,229,497
73$33,999,215$10,172,108$6,961,805$18,554,779
74$37,394,435$10,597,842$7,122,326$19,999,754
75$41,133,677$11,042,146$7,285,934$21,576,038
76$45,251,960$11,505,859$7,452,660$23,296,409
77$49,787,872$11,989,858$7,622,536$25,174,922
78$54,783,933$12,495,059$7,795,589$27,227,040
79$60,286,999$13,022,422$7,971,846$29,469,774
80$66,348,704$13,572,952$8,151,334$31,921,845
81$73,025,945$14,147,699$8,334,077$34,603,851
82$80,381,419$14,747,764$8,520,096$37,538,459
83$88,484,216$15,374,297$8,709,412$40,750,617
84$97,410,472$16,028,503$8,902,043$44,267,785
85$107,244,082$16,711,642$9,098,004$48,120,185
86$118,077,500$17,425,034$9,297,308$52,341,087
87$130,012,604$18,170,060$9,499,967$56,967,116
88$143,161,661$18,948,164$9,705,987$62,038,590
89$157,648,387$19,760,861$9,915,374$67,599,900
90$173,609,112$20,609,733$10,128,129$73,699,920
91$191,194,070$21,496,438$10,344,250$80,392,462
92$210,568,814$22,422,712$10,563,731$87,736,780
93$231,915,779$23,390,371$10,786,562$95,798,120
94$255,436,007$24,401,318$11,012,730$104,648,334
95$281,351,040$25,457,542$11,242,216$114,366,544
96$309,905,013$26,561,129$11,474,998$125,039,887
97$341,366,962$27,714,261$11,711,047$136,764,330
98$376,033,355$28,919,224$11,950,331$149,645,563
99$414,230,900$30,178,408$12,192,810$163,799,994
100$456,319,622$31,494,321$12,438,439$179,355,833