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%13.7%
1 years$355,090$351,927$348,841$345,829$342,888$337,625
2 years$175,787$172,513$169,340$166,264$163,280$157,990
3 years$116,027$112,739$109,574$106,527$103,592$98,439
4 years$86,153$82,875$79,742$76,747$73,882$68,908
5 years$68,234$64,975$61,883$58,949$56,164$51,382
6 years$56,291$53,057$50,011$47,142$44,441$39,856
7 years$47,764$44,557$41,559$38,758$36,142$31,757
8 years$41,371$38,194$35,245$32,513$29,984$25,796
9 years$36,402$33,255$30,357$27,694$25,250$21,259
10 years$32,429$29,312$26,466$23,872$21,515$17,717
11 years$29,181$26,095$23,300$20,776$18,503$14,894
12 years$26,475$23,422$20,678$18,223$16,035$12,610
13 years$24,188$21,166$18,475$16,089$13,982$10,738
14 years$22,229$19,239$16,600$14,282$12,257$9,187
15 years$20,533$17,576$14,987$12,737$10,792$7,892
16 years$19,051$16,125$13,588$11,404$9,538$6,801
17 years$17,744$14,851$12,365$10,247$8,457$5,877
18 years$16,583$13,723$11,287$9,234$7,520$5,091
19 years$15,546$12,718$10,333$8,344$6,702$4,419
20 years$14,614$11,818$9,483$7,557$5,987$3,842
21 years$13,772$11,008$8,723$6,859$5,357$3,346
22 years$13,007$10,276$8,039$6,236$4,802$2,917
23 years$12,310$9,611$7,423$5,679$4,311$2,546
24 years$11,672$9,005$6,865$5,180$3,875$2,225
25 years$11,086$8,450$6,358$4,731$3,487$1,946
26 years$10,546$7,942$5,897$4,325$3,141$1,702
27 years$10,047$7,474$5,476$3,959$2,831$1,491
28 years$9,584$7,043$5,090$3,627$2,555$1,306
29 years$9,154$6,644$4,737$3,326$2,307$1,145
30 years$8,753$6,275$4,412$3,053$2,085$1,004
31 years$8,379$5,932$4,114$2,804$1,885$881
32 years$8,029$5,613$3,838$2,577$1,705$773
33 years$7,701$5,315$3,584$2,369$1,543$678
34 years$7,393$5,038$3,348$2,180$1,397$595
35 years$7,103$4,778$3,130$2,007$1,265$523
36 years$6,829$4,535$2,928$1,848$1,146$459
37 years$6,572$4,307$2,741$1,703$1,039$403
38 years$6,328$4,094$2,567$1,570$942$354
39 years$6,097$3,893$2,405$1,447$854$311
40 years$5,879$3,704$2,254$1,335$775$274
41 years$5,671$3,525$2,114$1,232$703$241
42 years$5,475$3,357$1,983$1,137$638$211
43 years$5,287$3,199$1,860$1,049$579$186
44 years$5,109$3,049$1,746$969$525$163
45 years$4,939$2,908$1,640$895$477$144
46 years$4,777$2,774$1,540$826$433$126
47 years$4,623$2,647$1,447$764$393$111
48 years$4,475$2,527$1,360$706$357$98
49 years$4,334$2,413$1,278$652$324$86
50 years$4,198$2,305$1,202$603$295$75

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 $2,190 every year, while hoping to spend $25,920 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: 79/7/14 Blend
50$4,300,000$4,300,000$4,300,000$4,300,000
51$4,740,859$4,512,959$4,446,309$5,101,820
52$5,196,848$4,706,515$4,567,682$5,533,215
53$5,698,479$4,908,687$4,692,252$6,002,872
54$6,250,380$5,119,869$4,820,099$6,517,431
55$6,857,651$5,340,475$4,951,304$7,081,374
56$7,525,911$5,570,937$5,085,951$7,699,637
57$8,261,349$5,811,708$5,224,126$8,377,654
58$9,070,787$6,063,263$5,365,915$9,121,412
59$9,961,742$6,326,097$5,511,408$9,937,503
60$10,942,494$6,600,731$5,660,695$10,833,190
61$12,022,171$6,887,708$5,813,870$11,816,468
62$13,210,825$7,187,599$5,971,028$12,896,149
63$14,519,538$7,501,000$6,132,266$14,081,936
64$15,960,518$7,828,536$6,297,683$15,384,518
65$17,547,217$8,170,861$6,467,382$16,815,669
66$19,294,459$8,528,659$6,641,466$18,388,360
67$21,218,579$8,902,648$6,820,040$20,116,879
68$23,337,576$9,293,580$7,003,213$22,016,967
69$25,671,283$9,702,240$7,191,095$24,105,965
70$28,241,557$10,129,453$7,383,800$26,402,978
71$31,072,481$10,576,081$7,581,442$28,929,051
72$34,190,593$11,043,028$7,784,139$31,707,372
73$37,625,137$11,531,240$7,992,012$34,763,487
74$41,408,338$12,041,708$8,205,181$38,125,541
75$45,575,707$12,575,470$8,423,773$41,824,544
76$50,166,375$13,133,614$8,647,915$45,894,660
77$55,223,462$13,717,277$8,877,737$50,373,532
78$60,794,485$14,327,655$9,113,372$55,302,636
79$66,931,808$14,965,995$9,354,955$60,727,666
80$73,693,130$15,633,606$9,602,624$66,698,974
81$81,142,037$16,331,860$9,856,519$73,272,036
82$89,348,597$17,062,194$10,116,785$80,507,978
83$98,390,023$17,826,111$10,383,566$88,474,154
84$108,351,402$18,625,187$10,657,013$97,244,774
85$119,326,499$19,461,075$10,937,277$106,901,612
86$131,418,638$20,335,504$11,224,511$117,534,770
87$144,741,682$21,250,286$11,518,875$129,243,531
88$159,421,103$22,207,320$11,820,527$142,137,291
89$175,595,173$23,208,596$12,129,632$156,336,596
90$193,416,260$24,256,197$12,446,355$171,974,273
91$213,052,276$25,352,308$12,770,865$189,196,687
92$234,688,253$26,499,216$13,103,334$208,165,117
93$258,528,097$27,699,319$13,443,937$229,057,279
94$284,796,506$28,955,129$13,792,852$252,069,004
95$313,741,097$30,269,277$14,150,260$277,416,081
96$345,634,739$31,644,523$14,516,344$305,336,294
97$380,778,133$33,083,755$14,891,292$336,091,665
98$419,502,646$34,590,002$15,275,293$369,970,927
99$462,173,440$36,166,436$15,668,541$407,292,245
100$509,192,924$37,816,385$16,071,230$448,406,219