Can I retire at age 51 with 6,100,000?

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 $6,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$503,732$499,245$494,868$490,595$486,423$472,366
2 years$249,372$244,728$240,227$235,863$231,630$217,580
3 years$164,597$159,933$155,443$151,120$146,955$133,352
4 years$122,217$117,567$113,123$108,873$104,810$91,758
5 years$96,796$92,174$87,788$83,625$79,675$67,210
6 years$79,855$75,267$70,946$66,876$63,044$51,177
7 years$67,758$63,209$58,956$54,982$51,272$40,002
8 years$58,690$54,182$49,999$46,123$42,535$31,857
9 years$51,640$47,175$43,064$39,287$35,820$25,723
10 years$46,004$41,583$37,545$33,866$30,521$20,991
11 years$41,396$37,019$33,054$29,473$26,249$17,270
12 years$37,558$33,226$29,334$25,852$22,747$14,302
13 years$34,313$30,026$26,208$22,823$19,836$11,905
14 years$31,535$27,293$23,548$20,260$17,388$9,953
15 years$29,129$24,933$21,261$18,068$15,310$8,349
16 years$27,025$22,875$19,276$16,178$13,531$7,024
17 years$25,171$21,067$17,540$14,536$11,997$5,923
18 years$23,525$19,467$16,012$13,100$10,667$5,004
19 years$22,054$18,042$14,658$11,837$9,508$4,235
20 years$20,732$16,766$13,453$10,721$8,493$3,589
21 years$19,537$15,616$12,374$9,730$7,600$3,045
22 years$18,452$14,577$11,405$8,846$6,812$2,586
23 years$17,463$13,634$10,530$8,057$6,115$2,199
24 years$16,558$12,774$9,739$7,348$5,496$1,870
25 years$15,727$11,988$9,020$6,711$4,946$1,592
26 years$14,960$11,267$8,365$6,136$4,455$1,355
27 years$14,252$10,603$7,768$5,616$4,017$1,155
28 years$13,596$9,991$7,221$5,146$3,624$984
29 years$12,985$9,426$6,720$4,719$3,273$839
30 years$12,417$8,902$6,260$4,331$2,957$715
31 years$11,886$8,415$5,836$3,977$2,673$610
32 years$11,390$7,962$5,445$3,655$2,418$520
33 years$10,924$7,540$5,084$3,361$2,189$444
34 years$10,487$7,147$4,750$3,093$1,982$379
35 years$10,076$6,778$4,441$2,847$1,795$323
36 years$9,688$6,434$4,154$2,622$1,626$276
37 years$9,322$6,111$3,888$2,416$1,474$235
38 years$8,977$5,807$3,641$2,227$1,336$201
39 years$8,650$5,522$3,412$2,053$1,212$172
40 years$8,340$5,254$3,198$1,894$1,099$146
41 years$8,046$5,001$2,998$1,747$997$125
42 years$7,766$4,763$2,813$1,613$905$107
43 years$7,501$4,538$2,639$1,489$821$91
44 years$7,248$4,326$2,477$1,374$745$78
45 years$7,007$4,125$2,326$1,269$677$66
46 years$6,777$3,935$2,185$1,172$614$57
47 years$6,558$3,755$2,053$1,083$558$48
48 years$6,348$3,585$1,929$1,001$507$41
49 years$6,148$3,423$1,813$925$460$35
50 years$5,956$3,270$1,704$855$418$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $6,100,000, adding $6,567 every year, while hoping to spend $56,494 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: 76/17/7 Blend
50$6,100,000$6,100,000$6,100,000$6,100,000
51$6,728,974$6,405,674$6,311,124$7,233,955
52$7,355,220$6,659,443$6,462,437$7,820,549
53$8,043,450$6,923,753$6,616,926$8,455,433
54$8,799,926$7,199,061$6,774,638$9,149,674
55$9,631,548$7,485,845$6,935,618$9,909,140
56$10,545,918$7,784,603$7,099,913$10,740,290
57$11,551,409$8,095,856$7,267,568$11,650,233
58$12,657,250$8,420,150$7,438,628$12,646,799
59$13,873,606$8,758,054$7,613,139$13,738,606
60$15,211,678$9,110,163$7,791,143$14,935,144
61$16,683,806$9,477,098$7,972,683$16,246,864
62$18,303,589$9,859,510$8,157,802$17,685,273
63$20,086,007$10,258,078$8,346,541$19,263,043
64$22,047,568$10,673,513$8,538,939$20,994,128
65$24,206,462$11,106,556$8,735,035$22,893,898
66$26,582,729$11,557,986$8,934,867$24,979,280
67$29,198,453$12,028,612$9,138,470$27,268,915
68$32,077,965$12,519,284$9,345,879$29,783,337
69$35,248,078$13,030,889$9,557,126$32,545,161
70$38,738,334$13,564,355$9,772,242$35,579,298
71$42,581,287$14,120,652$9,991,255$38,913,189
72$46,812,808$14,700,794$10,214,192$42,577,059
73$51,472,424$15,305,842$10,441,077$46,604,203
74$56,603,689$15,936,906$10,671,931$51,031,299
75$62,254,597$16,595,146$10,906,772$55,898,751
76$68,478,033$17,281,775$11,145,616$61,251,070
77$75,332,274$17,998,064$11,388,476$67,137,291
78$82,881,536$18,745,339$11,635,360$73,611,434
79$91,196,582$19,524,990$11,886,274$80,733,013
80$100,355,389$20,338,470$12,141,219$88,567,595
81$110,443,881$21,187,298$12,400,193$97,187,414
82$121,556,746$22,073,064$12,663,188$106,672,055
83$133,798,321$22,997,431$12,930,192$117,109,202
84$147,283,586$23,962,141$13,201,189$128,595,459
85$162,139,238$24,969,013$13,476,156$141,237,264
86$178,504,899$26,019,953$13,755,065$155,151,889
87$196,534,421$27,116,953$14,037,883$170,468,542
88$216,397,349$28,262,101$14,324,569$187,329,590
89$238,280,513$29,457,577$14,615,076$205,891,893
90$262,389,794$30,705,668$14,909,349$226,328,286
91$288,952,068$32,008,761$15,207,329$248,829,203
92$318,217,349$33,369,360$15,508,943$273,604,476
93$350,461,141$34,790,081$15,814,115$300,885,309
94$385,987,046$36,273,664$16,122,758$330,926,457
95$425,129,629$37,822,978$16,434,774$364,008,629
96$468,257,570$39,441,022$16,750,058$400,441,131
97$515,777,150$41,130,940$17,068,492$440,564,784
98$568,136,082$42,896,019$17,389,950$484,755,133
99$625,827,740$44,739,701$17,714,290$533,425,994
100$689,395,812$46,665,589$18,041,362$587,033,349