Can I retire at age 51 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$355,090$351,927$348,841$345,829$342,888$329,674
2 years$175,787$172,513$169,340$166,264$163,280$150,125
3 years$116,027$112,739$109,574$106,527$103,592$90,909
4 years$86,153$82,875$79,742$76,747$73,882$61,769
5 years$68,234$64,975$61,883$58,949$56,164$44,651
6 years$56,291$53,057$50,011$47,142$44,441$33,536
7 years$47,764$44,557$41,559$38,758$36,142$25,842
8 years$41,371$38,194$35,245$32,513$29,984$20,278
9 years$36,402$33,255$30,357$27,694$25,250$16,126
10 years$32,429$29,312$26,466$23,872$21,515$12,953
11 years$29,181$26,095$23,300$20,776$18,503$10,486
12 years$26,475$23,422$20,678$18,223$16,035$8,540
13 years$24,188$21,166$18,475$16,089$13,982$6,989
14 years$22,229$19,239$16,600$14,282$12,257$5,742
15 years$20,533$17,576$14,987$12,737$10,792$4,732
16 years$19,051$16,125$13,588$11,404$9,538$3,910
17 years$17,744$14,851$12,365$10,247$8,457$3,237
18 years$16,583$13,723$11,287$9,234$7,520$2,684
19 years$15,546$12,718$10,333$8,344$6,702$2,229
20 years$14,614$11,818$9,483$7,557$5,987$1,854
21 years$13,772$11,008$8,723$6,859$5,357$1,543
22 years$13,007$10,276$8,039$6,236$4,802$1,285
23 years$12,310$9,611$7,423$5,679$4,311$1,071
24 years$11,672$9,005$6,865$5,180$3,875$893
25 years$11,086$8,450$6,358$4,731$3,487$745
26 years$10,546$7,942$5,897$4,325$3,141$622
27 years$10,047$7,474$5,476$3,959$2,831$519
28 years$9,584$7,043$5,090$3,627$2,555$433
29 years$9,154$6,644$4,737$3,326$2,307$362
30 years$8,753$6,275$4,412$3,053$2,085$302
31 years$8,379$5,932$4,114$2,804$1,885$253
32 years$8,029$5,613$3,838$2,577$1,705$211
33 years$7,701$5,315$3,584$2,369$1,543$176
34 years$7,393$5,038$3,348$2,180$1,397$147
35 years$7,103$4,778$3,130$2,007$1,265$123
36 years$6,829$4,535$2,928$1,848$1,146$103
37 years$6,572$4,307$2,741$1,703$1,039$86
38 years$6,328$4,094$2,567$1,570$942$72
39 years$6,097$3,893$2,405$1,447$854$60
40 years$5,879$3,704$2,254$1,335$775$50
41 years$5,671$3,525$2,114$1,232$703$42
42 years$5,475$3,357$1,983$1,137$638$35
43 years$5,287$3,199$1,860$1,049$579$29
44 years$5,109$3,049$1,746$969$525$25
45 years$4,939$2,908$1,640$895$477$21
46 years$4,777$2,774$1,540$826$433$17
47 years$4,623$2,647$1,447$764$393$14
48 years$4,475$2,527$1,360$706$357$12
49 years$4,334$2,413$1,278$652$324$10
50 years$4,198$2,305$1,202$603$295$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,300,000, adding $6,214 every year, while hoping to spend $33,395 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: 45/43/12 Blend
50$4,300,000$4,300,000$4,300,000$4,300,000
51$4,745,010$4,517,110$4,450,460$4,942,074
52$5,193,469$4,702,916$4,564,018$5,265,337
53$5,686,551$4,896,708$4,680,261$5,611,767
54$6,228,774$5,098,841$4,799,244$5,986,669
55$6,825,112$5,309,687$4,921,022$6,392,687
56$7,481,048$5,529,637$5,045,652$6,832,722
57$8,202,623$5,759,097$5,173,189$7,309,961
58$8,996,491$5,998,493$5,303,691$7,827,903
59$9,869,986$6,248,272$5,437,218$8,390,392
60$10,831,187$6,508,899$5,573,827$9,001,654
61$11,888,995$6,780,863$5,713,577$9,666,329
62$13,053,221$7,064,673$5,856,530$10,389,521
63$14,334,671$7,360,864$6,002,746$11,176,837
64$15,745,255$7,669,994$6,152,285$12,034,442
65$17,298,094$7,992,647$6,305,210$12,969,115
66$19,007,648$8,329,435$6,461,583$13,988,311
67$20,889,849$8,680,998$6,621,467$15,100,225
68$22,962,252$9,048,005$6,784,924$16,313,874
69$25,244,202$9,431,157$6,952,019$17,639,175
70$27,757,014$9,831,188$7,122,815$19,087,037
71$30,524,177$10,248,864$7,297,377$20,669,462
72$33,571,573$10,684,988$7,475,769$22,399,656
73$36,927,722$11,140,401$7,658,056$24,292,148
74$40,624,052$11,615,983$7,844,303$26,362,930
75$44,695,193$12,112,653$8,034,575$28,629,596
76$49,179,306$12,631,377$8,228,937$31,111,516
77$54,118,443$13,173,162$8,427,453$33,830,004
78$59,558,941$13,739,064$8,630,190$36,808,524
79$65,551,863$14,330,188$8,837,212$40,072,905
80$72,153,478$14,947,692$9,048,583$43,651,581
81$79,425,789$15,592,786$9,264,367$47,575,854
82$87,437,126$16,266,738$9,484,629$51,880,188
83$96,262,780$16,970,876$9,709,432$56,602,527
84$105,985,724$17,706,589$9,938,839$61,784,652
85$116,697,389$18,475,333$10,172,911$67,472,568
86$128,498,529$19,278,631$10,411,709$73,716,933
87$141,500,172$20,118,077$10,655,295$80,573,535
88$155,824,669$20,995,342$10,903,727$88,103,806
89$171,606,846$21,912,175$11,157,063$96,375,405
90$188,995,280$22,870,406$11,415,359$105,462,843
91$208,153,696$23,871,954$11,678,671$115,448,184
92$229,262,519$24,918,826$11,947,053$126,421,813
93$252,520,572$26,013,124$12,220,555$138,483,281
94$278,146,955$27,157,052$12,499,228$151,742,240
95$306,383,111$28,352,914$12,783,119$166,319,468
96$337,495,108$29,603,126$13,072,273$182,348,003
97$371,776,147$30,910,218$13,366,733$199,974,390
98$409,549,334$32,276,838$13,666,538$219,360,057
99$451,170,724$33,705,761$13,971,725$240,682,829
100$497,032,688$35,199,893$14,282,327$264,138,597