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

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$363,348$360,111$356,954$353,872$350,862$347,777
2 years$179,875$176,525$173,278$170,131$167,077$163,969
3 years$118,726$115,361$112,123$109,004$106,001$102,965
4 years$88,157$84,803$81,597$78,531$75,601$72,660
5 years$69,820$66,486$63,322$60,320$57,470$54,635
6 years$57,600$54,291$51,174$48,238$45,474$42,747
7 years$48,875$45,594$42,526$39,659$36,983$34,365
8 years$42,334$39,082$36,065$33,269$30,681$28,172
9 years$37,249$34,028$31,063$28,338$25,838$23,438
10 years$33,183$29,994$27,081$24,428$22,015$19,722
11 years$29,859$26,702$23,842$21,259$18,934$16,746
12 years$27,091$23,966$21,159$18,647$16,407$14,323
13 years$24,751$21,658$18,904$16,463$14,308$12,325
14 years$22,746$19,687$16,986$14,614$12,542$10,657
15 years$21,011$17,984$15,336$13,033$11,043$9,254
16 years$19,494$16,500$13,904$11,670$9,760$8,064
17 years$18,156$15,196$12,652$10,485$8,654$7,048
18 years$16,969$14,042$11,550$9,449$7,694$6,175
19 years$15,908$13,014$10,573$8,538$6,858$5,423
20 years$14,954$12,093$9,704$7,733$6,126$4,771
21 years$14,092$11,264$8,925$7,018$5,482$4,205
22 years$13,310$10,515$8,226$6,381$4,914$3,711
23 years$12,597$9,834$7,595$5,811$4,411$3,279
24 years$11,944$9,214$7,024$5,300$3,965$2,901
25 years$11,344$8,647$6,506$4,841$3,568$2,568
26 years$10,791$8,127$6,034$4,426$3,214$2,276
27 years$10,280$7,648$5,603$4,051$2,897$2,019
28 years$9,807$7,207$5,209$3,712$2,614$1,792
29 years$9,367$6,799$4,847$3,404$2,361$1,591
30 years$8,956$6,421$4,515$3,124$2,133$1,413
31 years$8,574$6,070$4,209$2,869$1,928$1,256
32 years$8,216$5,743$3,927$2,637$1,744$1,117
33 years$7,880$5,439$3,667$2,425$1,579$994
34 years$7,564$5,155$3,426$2,231$1,429$884
35 years$7,268$4,889$3,203$2,054$1,295$787
36 years$6,988$4,641$2,997$1,891$1,173$701
37 years$6,724$4,408$2,805$1,743$1,063$624
38 years$6,475$4,189$2,627$1,606$964$556
39 years$6,239$3,983$2,461$1,481$874$495
40 years$6,015$3,790$2,306$1,366$793$441
41 years$5,803$3,607$2,163$1,260$719$393
42 years$5,602$3,436$2,029$1,163$653$350
43 years$5,410$3,273$1,904$1,074$592$312
44 years$5,228$3,120$1,787$991$538$278
45 years$5,054$2,975$1,678$916$488$248
46 years$4,888$2,838$1,576$846$443$221
47 years$4,730$2,709$1,481$781$402$197
48 years$4,579$2,586$1,391$722$365$176
49 years$4,434$2,469$1,308$667$332$157
50 years$4,296$2,359$1,229$617$301$140

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 $2,418 every year, while hoping to spend $57,950 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: 75/10/15 Blend
50$4,400,000$4,400,000$4,400,000$4,400,000
51$4,851,294$4,618,094$4,549,894$5,199,164
52$5,284,468$4,782,722$4,640,657$5,594,067
53$5,759,883$4,953,475$4,732,519$6,019,318
54$6,281,787$5,130,592$4,825,454$6,483,832
55$6,854,859$5,314,320$4,919,436$6,991,497
56$7,484,252$5,504,919$5,014,435$7,546,596
57$8,175,645$5,702,660$5,110,418$8,153,845
58$8,935,292$5,907,821$5,207,348$8,818,437
59$9,770,083$6,120,696$5,305,186$9,546,092
60$10,687,610$6,341,588$5,403,888$10,343,109
61$11,696,236$6,570,815$5,503,407$11,216,427
62$12,805,173$6,808,707$5,603,693$12,173,688
63$14,024,574$7,055,607$5,704,690$13,223,308
64$15,365,622$7,311,873$5,806,338$14,374,561
65$16,840,639$7,577,878$5,908,574$15,637,659
66$18,463,200$7,854,010$6,011,328$17,023,853
67$20,248,265$8,140,675$6,114,526$18,545,538
68$22,212,314$8,438,294$6,218,088$20,216,366
69$24,373,505$8,747,306$6,321,929$22,051,380
70$26,751,848$9,068,169$6,425,959$24,067,150
71$29,369,387$9,401,360$6,530,079$26,281,932
72$32,250,413$9,747,376$6,634,186$28,715,840
73$35,421,693$10,106,735$6,738,169$31,391,032
74$38,912,719$10,479,977$6,841,910$34,331,922
75$42,755,986$10,867,666$6,945,284$37,565,408
76$46,987,303$11,270,388$7,048,158$41,121,128
77$51,646,126$11,688,755$7,150,389$45,031,733
78$56,775,931$12,123,405$7,251,827$49,333,202
79$62,424,626$12,575,002$7,352,314$54,065,175
80$68,645,002$13,044,240$7,451,680$59,271,330
81$75,495,226$13,531,843$7,549,746$64,999,793
82$83,039,400$14,038,564$7,646,323$71,303,592
83$91,348,155$14,565,189$7,741,210$78,241,156
84$100,499,322$15,112,539$7,834,197$85,876,868
85$110,578,669$15,681,470$7,925,058$94,281,667
86$121,680,705$16,272,873$8,013,559$103,533,725
87$133,909,572$16,887,680$8,099,449$113,719,174
88$147,380,034$17,526,861$8,182,466$124,932,928
89$162,218,551$18,191,431$8,262,332$137,279,569
90$178,564,478$18,882,445$8,338,755$150,874,341
91$196,571,378$19,601,008$8,411,426$165,844,233
92$216,408,471$20,348,270$8,480,022$182,329,175
93$238,262,232$21,125,433$8,544,200$200,483,363
94$262,338,150$21,933,750$8,603,601$220,476,709
95$288,862,667$22,774,529$8,657,847$242,496,446
96$318,085,314$23,649,136$8,706,540$266,748,896
97$350,281,069$24,558,996$8,749,261$293,461,412
98$385,752,949$25,505,598$8,785,573$322,884,526
99$424,834,872$26,490,494$8,815,011$355,294,314
100$467,894,807$27,515,307$8,837,093$390,994,997