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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.9%
1 years$503,732$499,245$494,868$490,595$486,423$472,747
2 years$249,372$244,728$240,227$235,863$231,630$217,956
3 years$164,597$159,933$155,443$151,120$146,955$133,712
4 years$122,217$117,567$113,123$108,873$104,810$92,098
5 years$96,796$92,174$87,788$83,625$79,675$67,530
6 years$79,855$75,267$70,946$66,876$63,044$51,477
7 years$67,758$63,209$58,956$54,982$51,272$40,283
8 years$58,690$54,182$49,999$46,123$42,535$32,118
9 years$51,640$47,175$43,064$39,287$35,820$25,966
10 years$46,004$41,583$37,545$33,866$30,521$21,215
11 years$41,396$37,019$33,054$29,473$26,249$17,477
12 years$37,558$33,226$29,334$25,852$22,747$14,492
13 years$34,313$30,026$26,208$22,823$19,836$12,080
14 years$31,535$27,293$23,548$20,260$17,388$10,113
15 years$29,129$24,933$21,261$18,068$15,310$8,495
16 years$27,025$22,875$19,276$16,178$13,531$7,157
17 years$25,171$21,067$17,540$14,536$11,997$6,044
18 years$23,525$19,467$16,012$13,100$10,667$5,114
19 years$22,054$18,042$14,658$11,837$9,508$4,335
20 years$20,732$16,766$13,453$10,721$8,493$3,679
21 years$19,537$15,616$12,374$9,730$7,600$3,127
22 years$18,452$14,577$11,405$8,846$6,812$2,660
23 years$17,463$13,634$10,530$8,057$6,115$2,264
24 years$16,558$12,774$9,739$7,348$5,496$1,929
25 years$15,727$11,988$9,020$6,711$4,946$1,644
26 years$14,960$11,267$8,365$6,136$4,455$1,402
27 years$14,252$10,603$7,768$5,616$4,017$1,197
28 years$13,596$9,991$7,221$5,146$3,624$1,021
29 years$12,985$9,426$6,720$4,719$3,273$872
30 years$12,417$8,902$6,260$4,331$2,957$745
31 years$11,886$8,415$5,836$3,977$2,673$636
32 years$11,390$7,962$5,445$3,655$2,418$544
33 years$10,924$7,540$5,084$3,361$2,189$465
34 years$10,487$7,147$4,750$3,093$1,982$397
35 years$10,076$6,778$4,441$2,847$1,795$340
36 years$9,688$6,434$4,154$2,622$1,626$290
37 years$9,322$6,111$3,888$2,416$1,474$248
38 years$8,977$5,807$3,641$2,227$1,336$212
39 years$8,650$5,522$3,412$2,053$1,212$181
40 years$8,340$5,254$3,198$1,894$1,099$155
41 years$8,046$5,001$2,998$1,747$997$133
42 years$7,766$4,763$2,813$1,613$905$113
43 years$7,501$4,538$2,639$1,489$821$97
44 years$7,248$4,326$2,477$1,374$745$83
45 years$7,007$4,125$2,326$1,269$677$71
46 years$6,777$3,935$2,185$1,172$614$61
47 years$6,558$3,755$2,053$1,083$558$52
48 years$6,348$3,585$1,929$1,001$507$44
49 years$6,148$3,423$1,813$925$460$38
50 years$5,956$3,270$1,704$855$418$33

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 $4,538 every year, while hoping to spend $27,479 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: 46/29/25 Blend
50$6,100,000$6,100,000$6,100,000$6,100,000
51$6,726,881$6,403,581$6,309,031$6,987,794
52$7,383,785$6,688,119$6,491,146$7,456,763
53$8,106,773$6,985,678$6,678,441$7,962,237
54$8,902,555$7,296,868$6,871,060$8,510,136
55$9,778,528$7,622,326$7,069,153$9,104,442
56$10,742,839$7,962,721$7,272,870$9,749,528
57$11,804,466$8,318,753$7,482,369$10,450,198
58$12,973,305$8,691,155$7,697,812$11,211,734
59$14,260,255$9,080,695$7,919,362$12,039,937
60$15,677,330$9,488,178$8,147,190$12,941,185
61$17,237,767$9,914,447$8,381,469$13,922,491
62$18,956,151$10,360,387$8,622,380$14,991,564
63$20,848,553$10,826,921$8,870,105$16,156,878
64$22,932,686$11,315,020$9,124,834$17,427,757
65$25,228,064$11,825,700$9,386,759$18,814,451
66$27,756,192$12,360,025$9,656,081$20,328,239
67$30,540,767$12,919,110$9,933,004$21,981,524
68$33,607,902$13,504,124$10,217,737$23,787,953
69$36,986,373$14,116,290$10,510,495$25,762,541
70$40,707,887$14,756,892$10,811,501$27,921,809
71$44,807,386$15,427,275$11,120,981$30,283,938
72$49,323,374$16,128,846$11,439,168$32,868,935
73$54,298,280$16,863,081$11,766,302$35,698,818
74$59,778,860$17,631,527$12,102,629$38,797,824
75$65,816,637$18,435,806$12,448,400$42,192,629
76$72,468,388$19,277,614$12,803,876$45,912,597
77$79,796,679$20,158,732$13,169,321$49,990,056
78$87,870,456$21,081,025$13,545,008$54,460,593
79$96,765,695$22,046,448$13,931,219$59,363,389
80$106,566,120$23,057,049$14,328,239$64,741,584
81$117,363,995$24,114,975$14,736,365$70,642,676
82$129,260,988$25,222,475$15,155,900$77,118,968
83$142,369,140$26,381,907$15,587,153$84,228,050
84$156,811,915$27,595,742$16,030,445$92,033,345
85$172,725,368$28,866,571$16,486,103$100,604,695
86$190,259,430$30,197,108$16,954,462$110,019,015
87$209,579,323$31,590,197$17,435,867$120,361,013
88$230,867,118$33,048,821$17,930,673$131,723,985
89$254,323,455$34,576,104$18,439,242$144,210,683
90$280,169,437$36,175,323$18,961,946$157,934,283
91$308,648,716$37,849,911$19,499,168$173,019,438
92$340,029,795$39,603,467$20,051,300$189,603,455
93$374,608,560$41,439,762$20,618,744$207,837,577
94$412,711,074$43,362,751$21,201,913$227,888,400
95$454,696,657$45,376,579$21,801,230$249,939,442
96$500,961,273$47,485,589$22,417,129$274,192,860
97$551,941,276$49,694,336$23,050,056$300,871,349
98$608,117,521$52,007,593$23,700,467$330,220,235
99$670,019,907$54,430,364$24,368,832$362,509,779
100$738,232,380$56,967,894$25,055,630$398,037,715