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

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$338,574$335,558$332,616$329,744$326,940$319,425
2 years$167,611$164,489$161,464$158,531$155,686$148,156
3 years$110,631$107,496$104,478$101,572$98,773$91,465
4 years$82,146$79,021$76,033$73,177$70,446$63,414
5 years$65,060$61,953$59,005$56,207$53,552$46,816
6 years$53,673$50,589$47,685$44,949$42,374$35,942
7 years$45,542$42,485$39,626$36,955$34,461$28,334
8 years$39,447$36,417$33,606$31,001$28,589$22,763
9 years$34,709$31,708$28,945$26,406$24,076$18,548
10 years$30,921$27,949$25,235$22,762$20,514$15,278
11 years$27,823$24,881$22,216$19,810$17,643$12,691
12 years$25,244$22,332$19,716$17,376$15,289$10,613
13 years$23,063$20,182$17,615$15,340$13,332$8,925
14 years$21,195$18,345$15,827$13,617$11,687$7,538
15 years$19,578$16,758$14,290$12,144$10,290$6,390
16 years$18,165$15,375$12,956$10,874$9,094$5,434
17 years$16,918$14,160$11,790$9,770$8,064$4,633
18 years$15,812$13,085$10,762$8,805$7,170$3,958
19 years$14,823$12,127$9,852$7,956$6,391$3,387
20 years$13,935$11,269$9,042$7,206$5,708$2,904
21 years$13,132$10,496$8,317$6,540$5,108$2,492
22 years$12,402$9,798$7,665$5,946$4,579$2,141
23 years$11,738$9,164$7,078$5,415$4,110$1,842
24 years$11,129$8,586$6,546$4,939$3,694$1,585
25 years$10,570$8,057$6,062$4,510$3,324$1,365
26 years$10,055$7,573$5,623$4,124$2,994$1,177
27 years$9,579$7,127$5,221$3,775$2,700$1,015
28 years$9,138$6,716$4,854$3,459$2,436$875
29 years$8,728$6,335$4,517$3,172$2,200$756
30 years$8,346$5,983$4,207$2,911$1,988$652
31 years$7,989$5,656$3,922$2,673$1,797$563
32 years$7,655$5,352$3,660$2,457$1,625$486
33 years$7,342$5,068$3,417$2,259$1,471$420
34 years$7,049$4,803$3,193$2,079$1,332$363
35 years$6,772$4,556$2,985$1,914$1,206$314
36 years$6,512$4,324$2,792$1,762$1,093$271
37 years$6,266$4,107$2,614$1,624$991$234
38 years$6,034$3,903$2,447$1,497$898$203
39 years$5,814$3,712$2,293$1,380$814$175
40 years$5,605$3,531$2,149$1,273$739$152
41 years$5,408$3,361$2,015$1,174$670$131
42 years$5,220$3,201$1,890$1,084$608$113
43 years$5,041$3,050$1,774$1,000$552$98
44 years$4,871$2,907$1,665$924$501$85
45 years$4,709$2,773$1,563$853$455$73
46 years$4,555$2,645$1,468$788$413$63
47 years$4,408$2,524$1,380$728$375$55
48 years$4,267$2,410$1,296$673$341$47
49 years$4,132$2,301$1,219$622$309$41
50 years$4,003$2,198$1,146$575$281$35

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 $4,645 every year, while hoping to spend $57,017 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: 31/41/28 Blend
50$4,100,000$4,100,000$4,100,000$4,100,000
51$4,522,991$4,305,691$4,242,141$4,624,277
52$4,923,671$4,456,005$4,323,587$4,853,373
53$5,363,309$4,611,772$4,405,851$5,094,479
54$5,845,818$4,773,201$4,488,899$5,352,895
55$6,375,511$4,940,507$4,572,696$5,630,179
56$6,957,134$5,113,914$4,657,203$5,928,036
57$7,595,920$5,293,654$4,742,378$6,248,343
58$8,297,631$5,479,969$4,828,174$6,593,158
59$9,068,615$5,673,113$4,914,543$6,964,744
60$9,915,864$5,873,346$5,001,431$7,365,589
61$10,847,084$6,080,942$5,088,781$7,798,423
62$11,870,761$6,296,183$5,176,530$8,266,253
63$12,996,249$6,519,366$5,264,613$8,772,379
64$14,233,847$6,750,796$5,352,959$9,320,433
65$15,594,909$6,990,794$5,441,492$9,914,409
66$17,091,939$7,239,692$5,530,132$10,558,698
67$18,738,715$7,497,836$5,618,790$11,258,131
68$20,550,421$7,765,586$5,707,376$12,018,023
69$22,543,781$8,043,317$5,795,790$12,844,221
70$24,737,226$8,331,419$5,883,929$13,743,159
71$27,151,063$8,630,299$5,971,680$14,721,917
72$29,807,667$8,940,379$6,058,927$15,788,286
73$32,731,691$9,262,099$6,145,543$16,950,842
74$35,950,300$9,595,919$6,231,395$18,219,024
75$39,493,426$9,942,315$6,316,343$19,603,221
76$43,394,052$10,301,784$6,400,236$21,114,872
77$47,688,519$10,674,845$6,482,917$22,766,570
78$52,416,872$11,062,036$6,564,219$24,572,177
79$57,623,236$11,463,920$6,643,964$26,546,960
80$63,356,235$11,881,081$6,721,966$28,707,726
81$69,669,446$12,314,129$6,798,027$31,072,983
82$76,621,907$12,763,699$6,871,938$33,663,114
83$84,278,674$13,230,452$6,943,480$36,500,563
84$92,711,433$13,715,078$7,012,421$39,610,050
85$101,999,178$14,218,296$7,078,516$43,018,800
86$112,228,954$14,740,853$7,141,507$46,756,796
87$123,496,683$15,283,530$7,201,123$50,857,064
88$135,908,062$15,847,140$7,257,077$55,355,981
89$149,579,565$16,432,531$7,309,070$60,293,612
90$164,639,541$17,040,585$7,356,785$65,714,095
91$181,229,425$17,672,225$7,399,888$71,666,045
92$199,505,071$18,328,409$7,438,029$78,203,019
93$219,638,227$19,010,139$7,470,841$85,384,011
94$241,818,148$19,718,458$7,497,936$93,274,014
95$266,253,391$20,454,454$7,518,909$101,944,625
96$293,173,778$21,219,263$7,533,334$111,474,722
97$322,832,564$22,014,068$7,540,761$121,951,200
98$355,508,831$22,840,103$7,540,722$133,469,795
99$391,510,119$23,698,654$7,532,723$146,135,981
100$431,175,328$24,591,066$7,516,246$160,065,961