Can I retire at age 51 with 5,100,000?

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 $5,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$421,153$417,402$413,742$410,169$406,681$391,629
2 years$208,492$204,609$200,846$197,197$193,658$178,663
3 years$137,614$133,714$129,960$126,346$122,864$108,398
4 years$102,182$98,294$94,578$91,025$87,628$73,801
5 years$80,928$77,064$73,396$69,916$66,613$53,462
6 years$66,764$62,928$59,315$55,912$52,709$40,242
7 years$56,650$52,847$49,291$45,969$42,866$31,081
8 years$49,068$45,300$41,803$38,562$35,562$24,447
9 years$43,175$39,442$36,005$32,846$29,948$19,488
10 years$38,462$34,766$31,390$28,314$25,517$15,694
11 years$34,610$30,950$27,635$24,641$21,946$12,738
12 years$31,401$27,779$24,525$21,614$19,018$10,402
13 years$28,688$25,104$21,912$19,082$16,584$8,537
14 years$26,365$22,819$19,688$16,939$14,537$7,033
15 years$24,353$20,846$17,775$15,106$12,800$5,813
16 years$22,595$19,125$16,116$13,526$11,312$4,816
17 years$21,045$17,614$14,665$12,153$10,030$3,999
18 years$19,669$16,276$13,387$10,952$8,919$3,327
19 years$18,439$15,084$12,255$9,896$7,949$2,771
20 years$17,333$14,017$11,247$8,963$7,101$2,311
21 years$16,334$13,056$10,345$8,135$6,354$1,929
22 years$15,427$12,188$9,535$7,396$5,696$1,612
23 years$14,601$11,399$8,804$6,736$5,113$1,348
24 years$13,844$10,680$8,142$6,144$4,595$1,127
25 years$13,149$10,023$7,541$5,611$4,135$943
26 years$12,508$9,420$6,994$5,130$3,725$790
27 years$11,916$8,865$6,495$4,696$3,358$661
28 years$11,367$8,353$6,038$4,302$3,030$554
29 years$10,857$7,881$5,618$3,945$2,736$464
30 years$10,381$7,442$5,233$3,621$2,472$389
31 years$9,938$7,035$4,879$3,325$2,235$326
32 years$9,523$6,657$4,552$3,056$2,022$273
33 years$9,133$6,304$4,250$2,810$1,830$229
34 years$8,768$5,975$3,971$2,586$1,657$192
35 years$8,424$5,667$3,713$2,380$1,501$161
36 years$8,100$5,379$3,473$2,192$1,360$135
37 years$7,794$5,109$3,251$2,020$1,232$113
38 years$7,505$4,855$3,044$1,862$1,117$95
39 years$7,232$4,617$2,852$1,717$1,013$80
40 years$6,973$4,393$2,673$1,583$919$67
41 years$6,727$4,181$2,507$1,461$834$56
42 years$6,493$3,982$2,351$1,348$756$47
43 years$6,271$3,794$2,207$1,245$686$39
44 years$6,060$3,617$2,071$1,149$623$33
45 years$5,858$3,449$1,945$1,061$566$28
46 years$5,666$3,290$1,827$980$514$23
47 years$5,483$3,140$1,716$906$466$20
48 years$5,307$2,997$1,613$837$424$16
49 years$5,140$2,862$1,516$773$385$14
50 years$4,979$2,734$1,425$715$349$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $5,100,000, adding $4,799 every year, while hoping to spend $36,449 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: 61/21/18 Blend
50$5,100,000$5,100,000$5,100,000$5,100,000
51$5,625,150$5,354,850$5,275,800$5,942,027
52$6,160,134$5,578,456$5,413,758$6,380,011
53$6,748,465$5,811,798$5,555,116$6,853,294
54$7,395,545$6,055,313$5,699,949$7,368,960
55$8,107,327$6,309,460$5,848,334$7,931,127
56$8,890,371$6,574,720$6,000,350$8,544,324
57$9,751,902$6,851,594$6,156,075$9,213,533
58$10,699,883$7,140,609$6,315,590$9,944,238
59$11,743,087$7,442,315$6,478,978$10,742,474
60$12,891,179$7,757,286$6,646,321$11,614,880
61$14,154,811$8,086,124$6,817,705$12,568,764
62$15,545,719$8,429,461$6,993,215$13,612,170
63$17,076,833$8,787,956$7,172,939$14,753,954
64$18,762,403$9,162,299$7,356,965$16,003,861
65$20,618,129$9,553,212$7,545,384$17,372,622
66$22,661,310$9,961,452$7,738,286$18,872,050
67$24,911,010$10,387,809$7,935,765$20,515,150
68$27,388,234$10,833,113$8,137,915$22,316,245
69$30,116,129$11,298,230$8,344,829$24,291,100
70$33,120,199$11,784,068$8,556,606$26,457,081
71$36,428,549$12,291,577$8,773,342$28,833,307
72$40,072,149$12,821,753$8,995,137$31,440,833
73$44,085,124$13,375,635$9,222,090$34,302,849
74$48,505,080$13,954,314$9,454,304$37,444,891
75$53,373,455$14,558,932$9,691,879$40,895,087
76$58,735,911$15,190,683$9,934,920$44,684,414
77$64,642,765$15,850,818$10,183,532$48,846,992
78$71,149,466$16,540,647$10,437,819$53,420,403
79$78,317,115$17,261,542$10,697,889$58,446,041
80$86,213,041$18,014,938$10,963,849$63,969,505
81$94,911,441$18,802,339$11,235,808$70,041,021
82$104,494,075$19,625,321$11,513,874$76,715,918
83$115,051,039$20,485,530$11,798,158$84,055,145
84$126,681,619$21,384,695$12,088,770$92,125,844
85$139,495,223$22,324,624$12,385,822$101,001,981
86$153,612,414$23,307,209$12,689,426$110,765,039
87$169,166,053$24,334,435$12,999,694$121,504,788
88$186,302,545$25,408,377$13,316,739$133,320,124
89$205,183,229$26,531,211$13,640,674$146,320,001
90$225,985,894$27,705,216$13,971,612$160,624,456
91$248,906,461$28,932,778$14,309,666$176,365,740
92$274,160,831$30,216,395$14,654,951$193,689,555
93$301,986,922$31,558,685$15,007,579$212,756,435
94$332,646,919$32,962,391$15,367,663$233,743,249
95$366,429,741$34,430,384$15,735,316$256,844,869
96$403,653,775$35,965,674$16,110,650$282,276,005
97$444,669,879$37,571,411$16,493,776$310,273,227
98$489,864,693$39,250,896$16,884,804$341,097,189
99$539,664,290$41,007,589$17,283,843$375,035,089
100$594,538,199$42,845,112$17,691,003$412,403,372