Can I retire at age 51 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$297,285$294,637$292,053$289,531$287,069$281,850
2 years$147,171$144,430$141,773$139,198$136,700$131,460
3 years$97,139$94,386$91,737$89,185$86,728$81,631
4 years$72,128$69,384$66,761$64,253$61,855$56,940
5 years$57,126$54,398$51,809$49,352$47,021$42,302
6 years$47,127$44,420$41,869$39,468$37,206$32,689
7 years$39,988$37,304$34,794$32,448$30,259$25,944
8 years$34,637$31,976$29,508$27,220$25,102$20,990
9 years$30,476$27,841$25,415$23,186$21,140$17,226
10 years$27,150$24,541$22,157$19,986$18,012$14,294
11 years$24,430$21,847$19,507$17,394$15,491$11,964
12 years$22,165$19,609$17,312$15,257$13,424$10,084
13 years$20,251$17,721$15,467$13,470$11,706$8,548
14 years$18,611$16,107$13,897$11,957$10,262$7,279
15 years$17,191$14,714$12,547$10,663$9,035$6,222
16 years$15,949$13,500$11,376$9,548$7,985$5,336
17 years$14,855$12,433$10,352$8,579$7,080$4,588
18 years$13,884$11,489$9,450$7,731$6,295$3,954
19 years$13,016$10,648$8,651$6,986$5,611$3,415
20 years$12,235$9,894$7,939$6,327$5,012$2,954
21 years$11,530$9,216$7,303$5,742$4,485$2,558
22 years$10,890$8,603$6,731$5,221$4,020$2,219
23 years$10,306$8,046$6,214$4,755$3,609$1,926
24 years$9,772$7,539$5,747$4,337$3,244$1,674
25 years$9,281$7,075$5,323$3,960$2,919$1,456
26 years$8,829$6,649$4,937$3,621$2,629$1,267
27 years$8,411$6,258$4,584$3,315$2,371$1,103
28 years$8,024$5,897$4,262$3,037$2,139$961
29 years$7,664$5,563$3,966$2,785$1,931$837
30 years$7,328$5,253$3,694$2,556$1,745$730
31 years$7,015$4,966$3,444$2,347$1,578$637
32 years$6,722$4,699$3,213$2,157$1,427$555
33 years$6,447$4,450$3,000$1,984$1,292$485
34 years$6,189$4,218$2,803$1,825$1,169$423
35 years$5,946$4,000$2,621$1,680$1,059$369
36 years$5,718$3,797$2,452$1,547$960$322
37 years$5,502$3,606$2,295$1,426$870$282
38 years$5,298$3,427$2,149$1,314$789$246
39 years$5,105$3,259$2,013$1,212$715$215
40 years$4,922$3,101$1,887$1,118$649$188
41 years$4,748$2,951$1,770$1,031$588$164
42 years$4,583$2,811$1,660$952$534$143
43 years$4,427$2,678$1,558$878$485$125
44 years$4,277$2,553$1,462$811$440$109
45 years$4,135$2,434$1,373$749$399$96
46 years$3,999$2,322$1,289$692$363$83
47 years$3,870$2,216$1,211$639$329$73
48 years$3,746$2,116$1,138$591$299$64
49 years$3,628$2,020$1,070$546$272$56
50 years$3,515$1,930$1,006$505$247$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $3,600,000, adding $4,656 every year, while hoping to spend $53,178 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: 65/15/20 Blend
50$3,600,000$3,600,000$3,600,000$3,600,000
51$3,972,003$3,781,203$3,725,403$4,209,773
52$4,320,566$3,909,901$3,793,623$4,498,732
53$4,702,900$4,043,122$3,862,346$4,807,909
54$5,122,395$4,181,034$3,931,533$5,144,542
55$5,582,781$4,323,806$4,001,141$5,511,322
56$6,088,170$4,471,619$4,071,125$5,911,214
57$6,643,092$4,624,656$4,141,436$6,347,480
58$7,252,534$4,783,111$4,212,021$6,823,713
59$7,921,992$4,947,184$4,282,823$7,343,871
60$8,657,521$5,117,081$4,353,784$7,912,309
61$9,465,790$5,293,020$4,424,837$8,533,826
62$10,354,145$5,475,223$4,495,914$9,213,705
63$11,330,683$5,663,923$4,566,942$9,957,768
64$12,404,321$5,859,364$4,637,842$10,772,424
65$13,584,883$6,061,795$4,708,532$11,664,733
66$14,883,196$6,271,477$4,778,923$12,642,472
67$16,311,186$6,488,683$4,848,920$13,714,207
68$17,881,992$6,713,693$4,918,424$14,889,376
69$19,610,093$6,946,802$4,987,329$16,178,372
70$21,511,440$7,188,314$5,055,523$17,592,647
71$23,603,611$7,438,544$5,122,886$19,144,817
72$25,905,969$7,697,824$5,189,293$20,848,779
73$28,439,854$7,966,493$5,254,611$22,719,843
74$31,228,778$8,244,909$5,318,698$24,774,879
75$34,298,644$8,533,442$5,381,406$27,032,471
76$37,678,001$8,832,475$5,442,578$29,513,093
77$41,398,299$9,142,408$5,502,047$32,239,304
78$45,494,198$9,463,659$5,559,638$35,235,961
79$50,003,887$9,796,659$5,615,166$38,530,447
80$54,969,447$10,141,858$5,668,438$42,152,936
81$60,437,246$10,499,725$5,719,246$46,136,675
82$66,458,380$10,870,746$5,767,375$50,518,293
83$73,089,150$11,255,428$5,812,598$55,338,154
84$80,391,597$11,654,298$5,854,673$60,640,731
85$88,434,086$12,067,904$5,893,350$66,475,027
86$97,291,948$12,496,817$5,928,363$72,895,039
87$107,048,196$12,941,631$5,959,433$79,960,264
88$117,794,305$13,402,963$5,986,267$87,736,263
89$129,631,073$13,881,457$6,008,555$96,295,275
90$142,669,576$14,377,783$6,025,976$105,716,904
91$157,032,215$14,892,636$6,038,189$116,088,865
92$172,853,869$15,426,743$6,044,836$127,507,811
93$190,283,169$15,980,859$6,045,544$140,080,251
94$209,483,902$16,555,771$6,039,918$153,923,546
95$230,636,552$17,152,296$6,027,548$169,167,022
96$253,940,010$17,771,287$6,008,000$185,953,190
97$279,613,443$18,413,633$5,980,821$204,439,086
98$307,898,371$19,080,258$5,945,535$224,797,758
99$339,060,939$19,772,125$5,901,644$247,219,895
100$373,394,432$20,490,236$5,848,627$271,915,627