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%16.7%
1 years$503,732$499,245$494,868$490,595$486,423$473,129
2 years$249,372$244,728$240,227$235,863$231,630$218,333
3 years$164,597$159,933$155,443$151,120$146,955$134,073
4 years$122,217$117,567$113,123$108,873$104,810$92,440
5 years$96,796$92,174$87,788$83,625$79,675$67,852
6 years$79,855$75,267$70,946$66,876$63,044$51,779
7 years$67,758$63,209$58,956$54,982$51,272$40,565
8 years$58,690$54,182$49,999$46,123$42,535$32,381
9 years$51,640$47,175$43,064$39,287$35,820$26,210
10 years$46,004$41,583$37,545$33,866$30,521$21,442
11 years$41,396$37,019$33,054$29,473$26,249$17,687
12 years$37,558$33,226$29,334$25,852$22,747$14,685
13 years$34,313$30,026$26,208$22,823$19,836$12,258
14 years$31,535$27,293$23,548$20,260$17,388$10,275
15 years$29,129$24,933$21,261$18,068$15,310$8,644
16 years$27,025$22,875$19,276$16,178$13,531$7,293
17 years$25,171$21,067$17,540$14,536$11,997$6,168
18 years$23,525$19,467$16,012$13,100$10,667$5,227
19 years$22,054$18,042$14,658$11,837$9,508$4,437
20 years$20,732$16,766$13,453$10,721$8,493$3,772
21 years$19,537$15,616$12,374$9,730$7,600$3,210
22 years$18,452$14,577$11,405$8,846$6,812$2,735
23 years$17,463$13,634$10,530$8,057$6,115$2,332
24 years$16,558$12,774$9,739$7,348$5,496$1,990
25 years$15,727$11,988$9,020$6,711$4,946$1,699
26 years$14,960$11,267$8,365$6,136$4,455$1,451
27 years$14,252$10,603$7,768$5,616$4,017$1,240
28 years$13,596$9,991$7,221$5,146$3,624$1,060
29 years$12,985$9,426$6,720$4,719$3,273$907
30 years$12,417$8,902$6,260$4,331$2,957$776
31 years$11,886$8,415$5,836$3,977$2,673$664
32 years$11,390$7,962$5,445$3,655$2,418$568
33 years$10,924$7,540$5,084$3,361$2,189$486
34 years$10,487$7,147$4,750$3,093$1,982$416
35 years$10,076$6,778$4,441$2,847$1,795$357
36 years$9,688$6,434$4,154$2,622$1,626$305
37 years$9,322$6,111$3,888$2,416$1,474$262
38 years$8,977$5,807$3,641$2,227$1,336$224
39 years$8,650$5,522$3,412$2,053$1,212$192
40 years$8,340$5,254$3,198$1,894$1,099$164
41 years$8,046$5,001$2,998$1,747$997$141
42 years$7,766$4,763$2,813$1,613$905$121
43 years$7,501$4,538$2,639$1,489$821$103
44 years$7,248$4,326$2,477$1,374$745$89
45 years$7,007$4,125$2,326$1,269$677$76
46 years$6,777$3,935$2,185$1,172$614$65
47 years$6,558$3,755$2,053$1,083$558$56
48 years$6,348$3,585$1,929$1,001$507$48
49 years$6,148$3,423$1,813$925$460$41
50 years$5,956$3,270$1,704$855$418$35

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 $4,222 every year, while hoping to spend $52,721 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: 61/12/27 Blend
50$6,100,000$6,100,000$6,100,000$6,100,000
51$6,726,555$6,403,255$6,308,705$7,087,843
52$7,356,569$6,660,920$6,463,952$7,591,770
53$8,049,077$6,929,443$6,622,633$8,135,505
54$8,810,399$7,209,301$6,784,806$8,727,904
55$9,647,495$7,500,993$6,950,533$9,373,725
56$10,568,036$7,805,038$7,119,872$10,078,207
57$11,580,471$8,121,981$7,292,884$10,847,115
58$12,694,112$8,452,390$7,469,628$11,686,798
59$13,919,216$8,796,861$7,650,165$12,604,241
60$15,267,084$9,156,016$7,834,554$13,607,138
61$16,750,171$9,530,505$8,022,856$14,703,958
62$18,382,197$9,921,008$8,215,130$15,904,029
63$20,178,280$10,328,237$8,411,435$17,217,617
64$22,155,078$10,752,934$8,611,832$18,656,033
65$24,330,945$11,195,877$8,816,378$20,231,727
66$26,726,107$11,657,880$9,025,132$21,958,416
67$29,362,847$12,139,794$9,238,151$23,851,201
68$32,265,722$12,642,508$9,455,493$25,926,718
69$35,461,787$13,166,952$9,677,214$28,203,288
70$38,980,857$13,714,101$9,903,368$30,701,091
71$42,855,784$14,284,972$10,134,011$33,442,354
72$47,122,769$14,880,630$10,369,195$36,451,560
73$51,821,700$15,502,190$10,608,972$39,755,680
74$56,996,534$16,150,817$10,853,393$43,384,421
75$62,695,704$16,827,731$11,102,505$47,370,511
76$68,972,584$17,534,208$11,356,357$51,750,001
77$75,885,986$18,271,583$11,614,994$56,562,607
78$83,500,718$19,041,252$11,878,458$61,852,082
79$91,888,196$19,844,677$12,146,790$67,666,629
80$101,127,113$20,683,388$12,420,029$74,059,353
81$111,304,190$21,558,985$12,698,211$81,088,757
82$122,514,984$22,473,143$12,981,369$88,819,301
83$134,864,800$23,427,614$13,269,532$97,321,998
84$148,469,675$24,424,233$13,562,726$106,675,093
85$163,457,481$25,464,919$13,860,976$116,964,790
86$179,969,125$26,551,681$14,164,301$128,286,070
87$198,159,885$27,686,623$14,472,714$140,743,582
88$218,200,871$28,871,945$14,786,227$154,452,629
89$240,280,641$30,109,951$15,104,847$169,540,258
90$264,606,980$31,403,053$15,428,573$186,146,449
91$291,408,864$32,753,774$15,757,403$204,425,442
92$320,938,618$34,164,759$16,091,325$224,547,184
93$353,474,297$35,638,772$16,430,324$246,698,934
94$389,322,313$37,178,709$16,774,378$271,087,027
95$428,820,326$38,787,604$17,123,457$297,938,820
96$472,340,432$40,468,628$17,477,525$327,504,831
97$520,292,672$42,225,107$17,836,538$360,061,105
98$573,128,906$44,060,519$18,200,444$395,911,817
99$631,347,078$45,978,507$18,569,182$435,392,135
100$695,495,911$47,982,886$18,942,681$478,871,384