Can I retire at age 51 with 3,700,000?

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 $3,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$305,543$302,821$300,166$297,574$295,043$293,430
2 years$151,259$148,442$145,711$143,064$140,497$138,869
3 years$99,837$97,008$94,285$91,663$89,137$87,545
4 years$74,132$71,311$68,615$66,038$63,573$62,029
5 years$58,713$55,909$53,248$50,723$48,327$46,836
6 years$48,436$45,654$43,033$40,564$38,240$36,803
7 years$41,099$38,340$35,760$33,350$31,099$29,718
8 years$35,599$32,864$30,328$27,976$25,800$24,473
9 years$31,323$28,614$26,121$23,830$21,727$20,456
10 years$27,904$25,222$22,773$20,541$18,513$17,296
11 years$25,109$22,454$20,049$17,877$15,921$14,758
12 years$22,781$20,153$17,793$15,681$13,797$12,686
13 years$20,813$18,213$15,897$13,844$12,031$10,972
14 years$19,128$16,555$14,283$12,289$10,547$9,538
15 years$17,668$15,123$12,896$10,960$9,286$8,326
16 years$16,392$13,875$11,692$9,813$8,207$7,295
17 years$15,268$12,779$10,639$8,817$7,277$6,411
18 years$14,269$11,808$9,712$7,946$6,470$5,649
19 years$13,377$10,944$8,891$7,180$5,767$4,989
20 years$12,575$10,169$8,160$6,503$5,151$4,415
21 years$11,850$9,472$7,506$5,902$4,610$3,914
22 years$11,192$8,842$6,917$5,366$4,132$3,475
23 years$10,593$8,270$6,387$4,887$3,709$3,089
24 years$10,044$7,748$5,907$4,457$3,334$2,750
25 years$9,539$7,271$5,471$4,070$3,000$2,450
26 years$9,074$6,834$5,074$3,722$2,702$2,185
27 years$8,645$6,431$4,712$3,407$2,436$1,950
28 years$8,246$6,060$4,380$3,121$2,198$1,742
29 years$7,876$5,717$4,076$2,862$1,985$1,556
30 years$7,532$5,399$3,797$2,627$1,794$1,392
31 years$7,210$5,104$3,540$2,413$1,622$1,245
32 years$6,909$4,830$3,303$2,217$1,467$1,115
33 years$6,626$4,574$3,084$2,039$1,328$998
34 years$6,361$4,335$2,881$1,876$1,202$894
35 years$6,112$4,111$2,694$1,727$1,089$801
36 years$5,876$3,902$2,520$1,590$986$718
37 years$5,655$3,706$2,359$1,465$894$644
38 years$5,445$3,522$2,209$1,351$810$577
39 years$5,247$3,349$2,069$1,245$735$518
40 years$5,058$3,187$1,940$1,149$667$464
41 years$4,880$3,033$1,819$1,060$605$417
42 years$4,711$2,889$1,706$978$549$374
43 years$4,550$2,753$1,601$903$498$335
44 years$4,396$2,624$1,503$834$452$301
45 years$4,250$2,502$1,411$770$410$270
46 years$4,111$2,387$1,325$711$373$243
47 years$3,978$2,278$1,245$657$338$218
48 years$3,850$2,174$1,170$607$307$196
49 years$3,729$2,076$1,100$561$279$176
50 years$3,612$1,984$1,034$519$253$158

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $3,700,000, adding $4,172 every year, while hoping to spend $35,572 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: 78/5/17 Blend
50$3,700,000$3,700,000$3,700,000$3,700,000
51$4,081,703$3,885,603$3,828,253$4,384,496
52$4,460,189$4,038,150$3,918,652$4,737,408
53$4,876,088$4,196,978$4,010,886$5,119,538
54$5,333,178$4,362,360$4,104,980$5,537,749
55$5,835,623$4,534,577$4,200,958$5,995,638
56$6,388,010$4,713,924$4,298,843$6,497,166
57$6,995,390$4,900,709$4,398,657$7,046,698
58$7,663,330$5,095,255$4,500,423$7,649,038
59$8,397,965$5,297,897$4,604,162$8,309,482
60$9,206,050$5,508,987$4,709,895$9,033,858
61$10,095,033$5,728,893$4,817,642$9,828,591
62$11,073,116$5,957,998$4,927,422$10,700,754
63$12,149,337$6,196,704$5,039,254$11,658,142
64$13,333,656$6,445,429$5,153,156$12,709,340
65$14,637,046$6,704,612$5,269,144$13,863,806
66$16,071,598$6,974,710$5,387,233$15,131,960
67$17,650,633$7,256,203$5,507,437$16,525,281
68$19,388,831$7,549,591$5,629,770$18,056,415
69$21,302,368$7,855,397$5,754,243$19,739,294
70$23,409,065$8,174,167$5,880,866$21,589,271
71$25,728,561$8,506,473$6,009,647$23,623,255
72$28,282,497$8,852,913$6,140,593$25,859,883
73$31,094,718$9,214,112$6,273,709$28,319,682
74$34,191,499$9,590,723$6,408,997$31,025,274
75$37,601,792$9,983,429$6,546,459$34,001,582
76$41,357,503$10,392,944$6,686,093$37,276,066
77$45,493,786$10,820,016$6,827,895$40,878,983
78$50,049,381$11,265,426$6,971,859$44,843,673
79$55,066,977$11,729,991$7,117,975$49,206,870
80$60,593,613$12,214,565$7,266,231$54,009,051
81$66,681,124$12,720,042$7,416,613$59,294,815
82$73,386,632$13,247,356$7,569,103$65,113,307
83$80,773,078$13,797,486$7,723,677$71,518,678
84$88,909,823$14,371,455$7,880,312$78,570,597
85$97,873,300$14,970,331$8,038,977$86,334,813
86$107,747,734$15,595,235$8,199,640$94,883,776
87$118,625,938$16,247,336$8,362,263$104,297,320
88$130,610,188$16,927,861$8,526,804$114,663,415
89$143,813,191$17,638,089$8,693,216$126,078,997
90$158,359,145$18,379,364$8,861,446$138,650,883
91$174,384,911$19,153,086$9,031,438$152,496,779
92$192,041,309$19,960,724$9,203,129$167,746,389
93$211,494,538$20,803,815$9,376,448$184,542,639
94$232,927,744$21,683,965$9,551,323$203,043,027
95$256,542,751$22,602,856$9,727,669$223,421,106
96$282,561,964$23,562,249$9,905,399$245,868,124
97$311,230,471$24,563,986$10,084,416$270,594,828
98$342,818,351$25,609,994$10,264,617$297,833,453
99$377,623,231$26,702,291$10,445,889$327,839,910
100$415,973,086$27,842,989$10,628,112$360,896,206