Can I retire at age 51 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$363,348$360,111$356,954$353,872$350,862$348,797
2 years$179,875$176,525$173,278$170,131$167,077$164,994
3 years$118,726$115,361$112,123$109,004$106,001$103,964
4 years$88,157$84,803$81,597$78,531$75,601$73,625
5 years$69,820$66,486$63,322$60,320$57,470$55,563
6 years$57,600$54,291$51,174$48,238$45,474$43,637
7 years$48,875$45,594$42,526$39,659$36,983$35,216
8 years$42,334$39,082$36,065$33,269$30,681$28,986
9 years$37,249$34,028$31,063$28,338$25,838$24,213
10 years$33,183$29,994$27,081$24,428$22,015$20,460
11 years$29,859$26,702$23,842$21,259$18,934$17,448
12 years$27,091$23,966$21,159$18,647$16,407$14,989
13 years$24,751$21,658$18,904$16,463$14,308$12,956
14 years$22,746$19,687$16,986$14,614$12,542$11,254
15 years$21,011$17,984$15,336$13,033$11,043$9,818
16 years$19,494$16,500$13,904$11,670$9,760$8,596
17 years$18,156$15,196$12,652$10,485$8,654$7,550
18 years$16,969$14,042$11,550$9,449$7,694$6,648
19 years$15,908$13,014$10,573$8,538$6,858$5,867
20 years$14,954$12,093$9,704$7,733$6,126$5,188
21 years$14,092$11,264$8,925$7,018$5,482$4,596
22 years$13,310$10,515$8,226$6,381$4,914$4,078
23 years$12,597$9,834$7,595$5,811$4,411$3,622
24 years$11,944$9,214$7,024$5,300$3,965$3,222
25 years$11,344$8,647$6,506$4,841$3,568$2,868
26 years$10,791$8,127$6,034$4,426$3,214$2,556
27 years$10,280$7,648$5,603$4,051$2,897$2,279
28 years$9,807$7,207$5,209$3,712$2,614$2,034
29 years$9,367$6,799$4,847$3,404$2,361$1,816
30 years$8,956$6,421$4,515$3,124$2,133$1,623
31 years$8,574$6,070$4,209$2,869$1,928$1,451
32 years$8,216$5,743$3,927$2,637$1,744$1,297
33 years$7,880$5,439$3,667$2,425$1,579$1,161
34 years$7,564$5,155$3,426$2,231$1,429$1,039
35 years$7,268$4,889$3,203$2,054$1,295$930
36 years$6,988$4,641$2,997$1,891$1,173$833
37 years$6,724$4,408$2,805$1,743$1,063$746
38 years$6,475$4,189$2,627$1,606$964$668
39 years$6,239$3,983$2,461$1,481$874$599
40 years$6,015$3,790$2,306$1,366$793$537
41 years$5,803$3,607$2,163$1,260$719$481
42 years$5,602$3,436$2,029$1,163$653$432
43 years$5,410$3,273$1,904$1,074$592$387
44 years$5,228$3,120$1,787$991$538$347
45 years$5,054$2,975$1,678$916$488$311
46 years$4,888$2,838$1,576$846$443$279
47 years$4,730$2,709$1,481$781$402$250
48 years$4,579$2,586$1,391$722$365$225
49 years$4,434$2,469$1,308$667$332$202
50 years$4,296$2,359$1,229$617$301$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,400,000, adding $4,671 every year, while hoping to spend $27,875 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: 69/15/16 Blend
50$4,400,000$4,400,000$4,400,000$4,400,000
51$4,853,618$4,620,418$4,552,218$5,169,971
52$5,319,028$4,817,160$4,675,059$5,577,995
53$5,830,976$5,022,608$4,801,080$6,020,514
54$6,394,179$5,237,159$4,930,360$6,503,979
55$7,013,835$5,461,229$5,062,976$7,032,422
56$7,695,670$5,695,253$5,199,009$7,610,279
57$8,445,994$5,939,686$5,338,543$8,242,434
58$9,271,761$6,195,006$5,481,659$8,934,261
59$10,180,631$6,461,712$5,628,445$9,691,680
60$11,181,044$6,740,325$5,778,987$10,521,204
61$12,282,302$7,031,392$5,933,374$11,430,007
62$13,494,654$7,335,487$6,091,699$12,425,988
63$14,829,391$7,653,209$6,254,054$13,517,842
64$16,298,958$7,985,185$6,420,534$14,715,146
65$17,917,065$8,332,073$6,591,235$16,028,444
66$19,698,821$8,694,559$6,766,256$17,469,351
67$21,660,873$9,073,365$6,945,699$19,050,654
68$23,821,568$9,469,245$7,129,665$20,786,438
69$26,201,118$9,882,989$7,318,259$22,692,217
70$28,821,800$10,315,423$7,511,589$24,785,075
71$31,708,159$10,767,414$7,709,762$27,083,831
72$34,887,242$11,239,869$7,912,890$29,609,212
73$38,388,854$11,733,736$8,121,085$32,384,050
74$42,245,839$12,250,011$8,334,464$35,433,493
75$46,494,389$12,789,735$8,553,142$38,785,245
76$51,174,383$13,353,999$8,777,239$42,469,821
77$56,329,770$13,943,945$9,006,877$46,520,839
78$62,008,979$14,560,770$9,242,179$50,975,331
79$68,265,374$15,205,727$9,483,271$55,874,093
80$75,157,763$15,880,128$9,730,281$61,262,070
81$82,750,949$16,585,349$9,983,340$67,188,774
82$91,116,343$17,322,829$10,242,580$73,708,754
83$100,332,639$18,094,076$10,508,135$80,882,106
84$110,486,554$18,900,671$10,780,143$88,775,039
85$121,673,648$19,744,269$11,058,743$97,460,500
86$133,999,225$20,626,604$11,344,076$107,018,857
87$147,579,329$21,549,491$11,636,286$117,538,656
88$162,541,838$22,514,833$11,935,519$129,117,456
89$179,027,669$23,524,624$12,241,922$141,862,747
90$197,192,112$24,580,951$12,555,647$155,892,961
91$217,206,292$25,686,002$12,876,846$171,338,589
92$239,258,787$26,842,069$13,205,674$188,343,407
93$263,557,406$28,051,554$13,542,287$207,065,834
94$290,331,152$29,316,971$13,886,844$227,680,421
95$319,832,384$30,640,956$14,239,507$250,379,499
96$352,339,196$32,026,272$14,600,439$275,374,986
97$388,158,046$33,475,811$14,969,806$302,900,391
98$427,626,646$34,992,605$15,347,774$333,213,007
99$471,117,153$36,579,832$15,734,514$366,596,343
100$519,039,678$38,240,819$16,130,195$403,362,792