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%17.6%
1 years$379,864$376,480$373,179$369,957$366,810$355,496
2 years$188,051$184,549$181,155$177,864$174,672$163,371
3 years$124,122$120,605$117,219$113,959$110,819$99,887
4 years$92,164$88,657$85,306$82,101$79,037$68,558
5 years$72,994$69,508$66,201$63,062$60,083$50,084
6 years$60,218$56,759$53,500$50,431$47,541$38,032
7 years$51,096$47,666$44,459$41,462$38,664$29,644
8 years$44,258$40,859$37,704$34,781$32,075$23,538
9 years$38,942$35,575$32,475$29,626$27,012$18,949
10 years$34,692$31,357$28,312$25,538$23,016$15,414
11 years$31,216$27,916$24,926$22,226$19,794$12,641
12 years$28,322$25,056$22,121$19,495$17,153$10,434
13 years$25,876$22,643$19,764$17,211$14,958$8,656
14 years$23,780$20,582$17,758$15,278$13,112$7,211
15 years$21,966$18,802$16,033$13,625$11,545$6,028
16 years$20,380$17,250$14,536$12,200$10,203$5,053
17 years$18,982$15,887$13,227$10,962$9,047$4,246
18 years$17,740$14,680$12,075$9,879$8,044$3,574
19 years$16,631$13,605$11,054$8,926$7,170$3,013
20 years$15,634$12,643$10,145$8,084$6,404$2,544
21 years$14,733$11,776$9,331$7,337$5,731$2,150
22 years$13,915$10,993$8,600$6,671$5,137$1,819
23 years$13,169$10,281$7,941$6,075$4,611$1,540
24 years$12,487$9,633$7,344$5,541$4,145$1,305
25 years$11,860$9,040$6,802$5,061$3,730$1,106
26 years$11,282$8,496$6,308$4,627$3,360$938
27 years$10,748$7,996$5,858$4,235$3,029$796
28 years$10,252$7,534$5,446$3,880$2,733$675
29 years$9,792$7,108$5,068$3,558$2,468$573
30 years$9,364$6,713$4,720$3,266$2,230$487
31 years$8,963$6,346$4,401$2,999$2,016$414
32 years$8,589$6,004$4,106$2,756$1,824$351
33 years$8,238$5,686$3,834$2,535$1,650$299
34 years$7,908$5,389$3,582$2,332$1,494$254
35 years$7,598$5,112$3,349$2,147$1,353$216
36 years$7,306$4,852$3,133$1,977$1,226$183
37 years$7,030$4,608$2,932$1,822$1,111$156
38 years$6,769$4,379$2,746$1,679$1,008$132
39 years$6,523$4,164$2,573$1,548$914$113
40 years$6,289$3,962$2,411$1,428$829$96
41 years$6,067$3,771$2,261$1,318$752$81
42 years$5,856$3,592$2,121$1,216$682$69
43 years$5,656$3,422$1,990$1,122$619$59
44 years$5,465$3,262$1,868$1,036$562$50
45 years$5,284$3,111$1,754$957$510$42
46 years$5,110$2,967$1,648$884$463$36
47 years$4,945$2,832$1,548$817$421$31
48 years$4,787$2,703$1,455$755$382$26
49 years$4,636$2,582$1,367$698$347$22
50 years$4,491$2,466$1,285$645$315$19

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 $4,713 every year, while hoping to spend $45,363 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: 55/23/22 Blend
50$4,600,000$4,600,000$4,600,000$4,600,000
51$5,074,061$4,830,261$4,758,961$5,322,468
52$5,543,350$5,018,678$4,870,121$5,681,608
53$6,058,985$5,214,807$4,983,484$6,067,343
54$6,625,647$5,418,978$5,099,076$6,486,457
55$7,248,491$5,631,536$5,216,923$6,942,162
56$7,933,196$5,852,841$5,337,049$7,437,994
57$8,686,020$6,083,268$5,459,478$7,977,841
58$9,513,857$6,323,211$5,584,233$8,565,982
59$10,424,302$6,573,079$5,711,336$9,207,125
60$11,425,723$6,833,302$5,840,808$9,906,449
61$12,527,340$7,104,328$5,972,669$10,669,657
62$13,739,313$7,386,624$6,106,937$11,503,022
63$15,072,833$7,680,679$6,243,630$12,413,450
64$16,540,234$7,987,004$6,382,764$13,408,543
65$18,155,105$8,306,134$6,524,353$14,496,671
66$19,932,416$8,638,625$6,668,409$15,687,044
67$21,888,666$8,985,062$6,814,945$16,989,805
68$24,042,033$9,346,052$6,963,968$18,416,121
69$26,412,546$9,722,235$7,115,487$19,978,288
70$29,022,276$10,114,274$7,269,506$21,689,844
71$31,895,541$10,522,866$7,426,027$23,565,698
72$35,059,138$10,948,738$7,585,051$25,622,266
73$38,542,595$11,392,652$7,746,575$27,877,629
74$42,378,448$11,855,400$7,910,594$30,351,699
75$46,602,551$12,337,816$8,077,099$33,066,403
76$51,254,409$12,840,767$8,246,080$36,045,894
77$56,377,556$13,365,162$8,417,522$39,316,774
78$62,019,963$13,911,951$8,591,405$42,908,344
79$68,234,491$14,482,128$8,767,708$46,852,876
80$75,079,387$15,076,731$8,946,405$51,185,920
81$82,618,840$15,696,846$9,127,465$55,946,636
82$90,923,580$16,343,610$9,310,853$61,178,160
83$100,071,548$17,018,210$9,496,530$66,928,010
84$110,148,633$17,721,889$9,684,450$73,248,532
85$121,249,478$18,455,946$9,874,564$80,197,393
86$133,478,379$19,221,741$10,066,816$87,838,122
87$146,950,263$20,020,696$10,261,144$96,240,705
88$161,791,778$20,854,299$10,457,480$105,482,248
89$178,142,484$21,724,104$10,655,751$115,647,697
90$196,156,173$22,631,740$10,855,873$126,830,639
91$216,002,316$23,578,909$11,057,759$139,134,182
92$237,867,671$24,567,394$11,261,312$152,671,928
93$261,958,034$25,599,057$11,466,427$167,569,036
94$288,500,193$26,675,850$11,672,991$183,963,408
95$317,744,058$27,799,812$11,880,882$202,006,979
96$349,965,028$28,973,079$12,089,968$221,867,155
97$385,466,586$30,197,885$12,300,107$243,728,382
98$424,583,165$31,476,568$12,511,147$267,793,891
99$467,683,302$32,811,575$12,722,926$294,287,607
100$515,173,122$34,205,465$12,935,267$323,456,259