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%18.3%
1 years$363,348$360,111$356,954$353,872$350,862$339,088
2 years$179,875$176,525$173,278$170,131$167,077$155,331
3 years$118,726$115,361$112,123$109,004$106,001$94,652
4 years$88,157$84,803$81,597$78,531$75,601$64,735
5 years$69,820$66,486$63,322$60,320$57,470$47,117
6 years$57,600$54,291$51,174$48,238$45,474$35,642
7 years$48,875$45,594$42,526$39,659$36,983$27,670
8 years$42,334$39,082$36,065$33,269$30,681$21,881
9 years$37,249$34,028$31,063$28,338$25,838$17,539
10 years$33,183$29,994$27,081$24,428$22,015$14,205
11 years$29,859$26,702$23,842$21,259$18,934$11,597
12 years$27,091$23,966$21,159$18,647$16,407$9,527
13 years$24,751$21,658$18,904$16,463$14,308$7,867
14 years$22,746$19,687$16,986$14,614$12,542$6,522
15 years$21,011$17,984$15,336$13,033$11,043$5,425
16 years$19,494$16,500$13,904$11,670$9,760$4,525
17 years$18,156$15,196$12,652$10,485$8,654$3,782
18 years$16,969$14,042$11,550$9,449$7,694$3,167
19 years$15,908$13,014$10,573$8,538$6,858$2,656
20 years$14,954$12,093$9,704$7,733$6,126$2,231
21 years$14,092$11,264$8,925$7,018$5,482$1,875
22 years$13,310$10,515$8,226$6,381$4,914$1,578
23 years$12,597$9,834$7,595$5,811$4,411$1,328
24 years$11,944$9,214$7,024$5,300$3,965$1,119
25 years$11,344$8,647$6,506$4,841$3,568$943
26 years$10,791$8,127$6,034$4,426$3,214$796
27 years$10,280$7,648$5,603$4,051$2,897$671
28 years$9,807$7,207$5,209$3,712$2,614$566
29 years$9,367$6,799$4,847$3,404$2,361$478
30 years$8,956$6,421$4,515$3,124$2,133$404
31 years$8,574$6,070$4,209$2,869$1,928$341
32 years$8,216$5,743$3,927$2,637$1,744$288
33 years$7,880$5,439$3,667$2,425$1,579$243
34 years$7,564$5,155$3,426$2,231$1,429$205
35 years$7,268$4,889$3,203$2,054$1,295$174
36 years$6,988$4,641$2,997$1,891$1,173$147
37 years$6,724$4,408$2,805$1,743$1,063$124
38 years$6,475$4,189$2,627$1,606$964$105
39 years$6,239$3,983$2,461$1,481$874$89
40 years$6,015$3,790$2,306$1,366$793$75
41 years$5,803$3,607$2,163$1,260$719$63
42 years$5,602$3,436$2,029$1,163$653$53
43 years$5,410$3,273$1,904$1,074$592$45
44 years$5,228$3,120$1,787$991$538$38
45 years$5,054$2,975$1,678$916$488$32
46 years$4,888$2,838$1,576$846$443$27
47 years$4,730$2,709$1,481$781$402$23
48 years$4,579$2,586$1,391$722$365$19
49 years$4,434$2,469$1,308$667$332$16
50 years$4,296$2,359$1,229$617$301$14

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 $2,377 every year, while hoping to spend $50,371 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: 64/8/28 Blend
50$4,400,000$4,400,000$4,400,000$4,400,000
51$4,851,252$4,618,052$4,549,852$5,125,481
52$5,292,485$4,790,742$4,648,678$5,484,169
53$5,777,036$4,970,206$4,749,126$5,870,174
54$6,309,270$5,156,722$4,851,197$6,290,874
55$6,893,995$5,350,581$4,954,892$6,749,686
56$7,536,510$5,552,087$5,060,208$7,250,371
57$8,242,649$5,761,554$5,167,141$7,797,070
58$9,018,844$5,979,315$5,275,684$8,394,345
59$9,872,177$6,205,712$5,385,831$9,047,216
60$10,810,452$6,441,105$5,497,569$9,761,217
61$11,842,268$6,685,869$5,610,887$10,542,439
62$12,977,097$6,940,395$5,725,770$11,397,591
63$14,225,377$7,205,090$5,842,199$12,334,064
64$15,598,606$7,480,380$5,960,154$13,359,998
65$17,109,456$7,766,711$6,079,611$14,484,360
66$18,771,885$8,064,545$6,200,543$15,717,026
67$20,601,277$8,374,366$6,322,920$17,068,878
68$22,614,578$8,696,681$6,446,709$18,551,901
69$24,830,462$9,032,016$6,571,871$20,179,299
70$27,269,507$9,380,923$6,698,367$21,965,618
71$29,954,384$9,743,975$6,826,149$23,926,885
72$32,910,075$10,121,774$6,955,169$26,080,755
73$36,164,108$10,514,946$7,085,372$28,446,679
74$39,746,814$10,924,145$7,216,699$31,046,087
75$43,691,615$11,350,055$7,349,085$33,902,592
76$48,035,341$11,793,389$7,482,461$37,042,206
77$52,818,574$12,254,892$7,616,751$40,493,594
78$58,086,030$12,735,344$7,751,874$44,288,335
79$63,886,986$13,235,557$7,887,742$48,461,226
80$70,275,739$13,756,379$8,024,262$53,050,606
81$77,312,122$14,298,699$8,161,332$58,098,719
82$85,062,065$14,863,443$8,298,844$63,652,112
83$93,598,223$15,451,578$8,436,682$69,762,073
84$103,000,653$16,064,117$8,574,722$76,485,116
85$113,357,576$16,702,115$8,712,832$83,883,512
86$124,766,208$17,366,677$8,850,871$92,025,876
87$137,333,673$18,058,957$8,988,687$100,987,817
88$151,178,022$18,780,160$9,126,122$110,852,646
89$166,429,338$19,531,546$9,263,006$121,712,167
90$183,230,970$20,314,431$9,399,156$133,667,539
91$201,740,883$21,130,192$9,534,381$146,830,231
92$222,133,147$21,980,266$9,668,477$161,323,075
93$244,599,586$22,866,156$9,801,228$177,281,423
94$269,351,580$23,789,434$9,932,406$194,854,424
95$296,622,067$24,751,742$10,061,767$214,206,433
96$326,667,737$25,754,797$10,189,056$235,518,557
97$359,771,457$26,800,393$10,314,001$258,990,372
98$396,244,941$27,890,407$10,436,315$284,841,795
99$436,431,689$29,026,802$10,555,695$313,315,170
100$480,710,233$30,211,626$10,671,823$344,677,547