Can I retire at age 51 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$338,574$335,558$332,616$329,744$326,940$321,788
2 years$167,611$164,489$161,464$158,531$155,686$150,509
3 years$110,631$107,496$104,478$101,572$98,773$93,733
4 years$82,146$79,021$76,033$73,177$70,446$65,580
5 years$65,060$61,953$59,005$56,207$53,552$48,875
6 years$53,673$50,589$47,685$44,949$42,374$37,891
7 years$45,542$42,485$39,626$36,955$34,461$30,174
8 years$39,447$36,417$33,606$31,001$28,589$24,496
9 years$34,709$31,708$28,945$26,406$24,076$20,176
10 years$30,921$27,949$25,235$22,762$20,514$16,804
11 years$27,823$24,881$22,216$19,810$17,643$14,118
12 years$25,244$22,332$19,716$17,376$15,289$11,946
13 years$23,063$20,182$17,615$15,340$13,332$10,165
14 years$21,195$18,345$15,827$13,617$11,687$8,691
15 years$19,578$16,758$14,290$12,144$10,290$7,460
16 years$18,165$15,375$12,956$10,874$9,094$6,425
17 years$16,918$14,160$11,790$9,770$8,064$5,548
18 years$15,812$13,085$10,762$8,805$7,170$4,803
19 years$14,823$12,127$9,852$7,956$6,391$4,166
20 years$13,935$11,269$9,042$7,206$5,708$3,619
21 years$13,132$10,496$8,317$6,540$5,108$3,149
22 years$12,402$9,798$7,665$5,946$4,579$2,744
23 years$11,738$9,164$7,078$5,415$4,110$2,393
24 years$11,129$8,586$6,546$4,939$3,694$2,089
25 years$10,570$8,057$6,062$4,510$3,324$1,826
26 years$10,055$7,573$5,623$4,124$2,994$1,596
27 years$9,579$7,127$5,221$3,775$2,700$1,397
28 years$9,138$6,716$4,854$3,459$2,436$1,223
29 years$8,728$6,335$4,517$3,172$2,200$1,071
30 years$8,346$5,983$4,207$2,911$1,988$938
31 years$7,989$5,656$3,922$2,673$1,797$822
32 years$7,655$5,352$3,660$2,457$1,625$721
33 years$7,342$5,068$3,417$2,259$1,471$632
34 years$7,049$4,803$3,193$2,079$1,332$555
35 years$6,772$4,556$2,985$1,914$1,206$487
36 years$6,512$4,324$2,792$1,762$1,093$427
37 years$6,266$4,107$2,614$1,624$991$375
38 years$6,034$3,903$2,447$1,497$898$329
39 years$5,814$3,712$2,293$1,380$814$289
40 years$5,605$3,531$2,149$1,273$739$254
41 years$5,408$3,361$2,015$1,174$670$223
42 years$5,220$3,201$1,890$1,084$608$196
43 years$5,041$3,050$1,774$1,000$552$172
44 years$4,871$2,907$1,665$924$501$151
45 years$4,709$2,773$1,563$853$455$133
46 years$4,555$2,645$1,468$788$413$116
47 years$4,408$2,524$1,380$728$375$102
48 years$4,267$2,410$1,296$673$341$90
49 years$4,132$2,301$1,219$622$309$79
50 years$4,003$2,198$1,146$575$281$69

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,100,000, adding $6,501 every year, while hoping to spend $55,678 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: 42/32/26 Blend
50$4,100,000$4,100,000$4,100,000$4,100,000
51$4,524,906$4,307,606$4,244,056$4,680,254
52$4,927,205$4,459,438$4,326,991$4,944,140
53$5,368,673$4,616,843$4,410,838$5,223,963
54$5,853,246$4,780,036$4,495,569$5,525,921
55$6,385,259$4,949,241$4,581,153$5,852,087
56$6,969,490$5,124,688$4,667,556$6,204,742
57$7,611,200$5,306,620$4,754,741$6,586,391
58$8,316,186$5,495,287$4,842,668$6,999,792
59$9,090,832$5,690,951$4,931,293$7,447,975
60$9,942,173$5,893,884$5,020,567$7,934,275
61$10,877,960$6,104,369$5,110,441$8,462,361
62$11,906,730$6,322,702$5,200,859$9,036,269
63$13,037,890$6,549,187$5,291,761$9,660,439
64$14,281,803$6,784,146$5,383,084$10,339,759
65$15,649,888$7,027,910$5,474,758$11,079,606
66$17,154,725$7,280,826$5,566,711$11,885,900
67$18,810,175$7,543,255$5,658,864$12,765,156
68$20,631,509$7,815,570$5,751,132$13,724,546
69$22,635,554$8,098,164$5,843,426$14,771,966
70$24,840,850$8,391,444$5,935,650$15,916,108
71$27,267,824$8,695,833$6,027,703$17,166,541
72$29,938,987$9,011,773$6,119,475$18,533,803
73$32,879,138$9,339,724$6,210,852$20,029,496
74$36,115,605$9,680,166$6,301,711$21,666,397
75$39,678,500$10,033,598$6,391,921$23,458,576
76$43,601,003$10,400,539$6,481,346$25,421,527
77$47,919,672$10,781,532$6,569,838$27,572,315
78$52,674,793$11,177,142$6,657,242$29,929,732
79$57,910,757$11,587,958$6,743,395$32,514,480
80$63,676,479$12,014,592$6,828,123$35,349,356
81$70,025,856$12,457,684$6,911,242$38,459,473
82$77,018,284$12,917,900$6,992,559$41,872,492
83$84,719,207$13,395,935$7,071,868$45,618,884
84$93,200,744$13,892,514$7,148,953$49,732,211
85$102,542,363$14,408,390$7,223,586$54,249,449
86$112,831,634$14,944,352$7,295,527$59,211,327
87$124,165,055$15,501,219$7,364,520$64,662,716
88$136,648,958$16,079,847$7,430,300$70,653,047
89$150,400,521$16,681,128$7,492,584$77,236,778
90$165,548,865$17,305,994$7,551,076$84,473,905
91$182,236,275$17,955,413$7,605,463$92,430,525
92$200,619,546$18,630,400$7,655,417$101,179,461
93$220,871,459$19,332,008$7,700,593$110,800,945
94$243,182,411$20,061,340$7,740,626$121,383,373
95$267,762,215$20,819,544$7,775,136$133,024,139
96$294,842,079$21,607,819$7,803,720$145,830,548
97$324,676,784$22,427,416$7,825,958$159,920,831
98$357,547,094$23,279,638$7,841,406$175,425,257
99$393,762,405$24,165,847$7,849,600$192,487,358
100$433,663,660$25,087,464$7,850,052$211,265,284