Can I retire at age 51 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$379,864$376,480$373,179$369,957$366,810$359,846
2 years$188,051$184,549$181,155$177,864$174,672$167,682
3 years$124,122$120,605$117,219$113,959$110,819$104,022
4 years$92,164$88,657$85,306$82,101$79,037$72,486
5 years$72,994$69,508$66,201$63,062$60,083$53,795
6 years$60,218$56,759$53,500$50,431$47,541$41,525
7 years$51,096$47,666$44,459$41,462$38,664$32,920
8 years$44,258$40,859$37,704$34,781$32,075$26,602
9 years$38,942$35,575$32,475$29,626$27,012$21,806
10 years$34,692$31,357$28,312$25,538$23,016$18,073
11 years$31,216$27,916$24,926$22,226$19,794$15,108
12 years$28,322$25,056$22,121$19,495$17,153$12,717
13 years$25,876$22,643$19,764$17,211$14,958$10,765
14 years$23,780$20,582$17,758$15,278$13,112$9,155
15 years$21,966$18,802$16,033$13,625$11,545$7,815
16 years$20,380$17,250$14,536$12,200$10,203$6,692
17 years$18,982$15,887$13,227$10,962$9,047$5,747
18 years$17,740$14,680$12,075$9,879$8,044$4,946
19 years$16,631$13,605$11,054$8,926$7,170$4,264
20 years$15,634$12,643$10,145$8,084$6,404$3,683
21 years$14,733$11,776$9,331$7,337$5,731$3,185
22 years$13,915$10,993$8,600$6,671$5,137$2,758
23 years$13,169$10,281$7,941$6,075$4,611$2,391
24 years$12,487$9,633$7,344$5,541$4,145$2,074
25 years$11,860$9,040$6,802$5,061$3,730$1,801
26 years$11,282$8,496$6,308$4,627$3,360$1,565
27 years$10,748$7,996$5,858$4,235$3,029$1,360
28 years$10,252$7,534$5,446$3,880$2,733$1,183
29 years$9,792$7,108$5,068$3,558$2,468$1,029
30 years$9,364$6,713$4,720$3,266$2,230$896
31 years$8,963$6,346$4,401$2,999$2,016$780
32 years$8,589$6,004$4,106$2,756$1,824$679
33 years$8,238$5,686$3,834$2,535$1,650$592
34 years$7,908$5,389$3,582$2,332$1,494$516
35 years$7,598$5,112$3,349$2,147$1,353$449
36 years$7,306$4,852$3,133$1,977$1,226$392
37 years$7,030$4,608$2,932$1,822$1,111$342
38 years$6,769$4,379$2,746$1,679$1,008$298
39 years$6,523$4,164$2,573$1,548$914$260
40 years$6,289$3,962$2,411$1,428$829$226
41 years$6,067$3,771$2,261$1,318$752$197
42 years$5,856$3,592$2,121$1,216$682$172
43 years$5,656$3,422$1,990$1,122$619$150
44 years$5,465$3,262$1,868$1,036$562$131
45 years$5,284$3,111$1,754$957$510$114
46 years$5,110$2,967$1,648$884$463$100
47 years$4,945$2,832$1,548$817$421$87
48 years$4,787$2,703$1,455$755$382$76
49 years$4,636$2,582$1,367$698$347$66
50 years$4,491$2,466$1,285$645$315$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,600,000, adding $2,165 every year, while hoping to spend $42,863 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: 49/46/5 Blend
50$4,600,000$4,600,000$4,600,000$4,600,000
51$5,071,433$4,827,633$4,756,333$5,313,616
52$5,543,113$5,018,581$4,870,064$5,669,881
53$6,061,469$5,217,449$4,986,169$6,051,850
54$6,631,214$5,424,580$5,104,681$6,465,684
55$7,257,545$5,640,332$5,225,635$6,914,363
56$7,946,185$5,865,078$5,349,065$7,401,160
57$8,703,440$6,099,211$5,475,003$7,929,669
58$9,536,258$6,343,139$5,603,482$8,503,843
59$10,452,292$6,597,289$5,734,535$9,128,021
60$11,459,977$6,862,108$5,868,193$9,806,975
61$12,568,605$7,138,061$6,004,487$10,545,951
62$13,788,414$7,425,637$6,143,449$11,350,712
63$15,130,684$7,725,346$6,285,106$12,227,597
64$16,607,845$8,037,719$6,429,489$13,183,578
65$18,233,593$8,363,314$6,576,624$14,226,320
66$20,023,016$8,702,714$6,726,538$15,364,253
67$21,992,743$9,056,526$6,879,256$16,606,651
68$24,161,095$9,425,388$7,034,803$17,963,716
69$26,548,259$9,809,964$7,193,202$19,446,671
70$29,176,480$10,210,951$7,354,472$21,067,864
71$32,070,269$10,629,075$7,518,635$22,840,883
72$35,256,634$11,065,098$7,685,707$24,780,681
73$38,765,338$11,519,815$7,855,705$26,903,712
74$42,629,174$11,994,057$8,028,643$29,228,088
75$46,884,278$12,488,695$8,204,531$31,773,742
76$51,570,472$13,004,639$8,383,381$34,562,616
77$56,731,634$13,542,839$8,565,197$37,618,863
78$62,416,115$14,104,292$8,749,986$40,969,073
79$68,677,195$14,690,039$8,937,747$44,642,519
80$75,573,586$15,301,169$9,128,479$48,671,429
81$83,169,986$15,938,820$9,322,177$53,091,288
82$91,537,687$16,604,185$9,518,832$57,941,169
83$100,755,251$17,298,510$9,718,433$63,264,094
84$110,909,250$18,023,100$9,920,964$69,107,438
85$122,095,081$18,779,319$10,126,403$75,523,372
86$134,417,868$19,568,595$10,334,727$82,569,350
87$147,993,456$20,392,422$10,545,906$90,308,644
88$162,949,501$21,252,362$10,759,906$98,810,939
89$179,426,675$22,150,053$10,976,687$108,152,982
90$197,579,994$23,087,204$11,196,205$118,419,304
91$217,580,284$24,065,607$11,418,408$129,703,008
92$239,615,788$25,087,137$11,643,240$142,106,644
93$263,893,946$26,153,755$11,870,636$155,743,169
94$290,643,353$27,267,513$12,100,527$170,737,007
95$320,115,915$28,430,561$12,332,834$187,225,214
96$352,589,226$29,645,146$12,567,472$205,358,768
97$388,369,192$30,913,623$12,804,348$225,303,983
98$427,792,914$32,238,456$13,043,358$247,244,070
99$471,231,873$33,622,222$13,284,392$271,380,861
100$519,095,435$35,067,621$13,527,330$297,936,701