Can I retire at age 51 with 4,000,000?

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 $4,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$330,316$327,374$324,503$321,702$318,966$315,372
2 years$163,523$160,477$157,526$154,664$151,888$148,271
3 years$107,932$104,874$101,930$99,095$96,364$92,835
4 years$80,143$77,093$74,179$71,392$68,728$65,314
5 years$63,473$60,442$57,566$54,836$52,246$48,957
6 years$52,364$49,356$46,522$43,853$41,340$38,181
7 years$44,431$41,449$38,660$36,054$33,621$30,592
8 years$38,485$35,529$32,787$30,245$27,892$24,994
9 years$33,863$30,935$28,239$25,762$23,489$20,720
10 years$30,167$27,267$24,619$22,207$20,014$17,372
11 years$27,145$24,274$21,675$19,327$17,212$14,696
12 years$24,628$21,787$19,236$16,952$14,916$12,522
13 years$22,501$19,689$17,186$14,966$13,007$10,733
14 years$20,678$17,897$15,441$13,285$11,402$9,245
15 years$19,101$16,349$13,942$11,848$10,039$7,995
16 years$17,722$15,000$12,640$10,609$8,873$6,938
17 years$16,506$13,815$11,502$9,532$7,867$6,038
18 years$15,426$12,765$10,500$8,590$6,995$5,268
19 years$14,462$11,831$9,612$7,762$6,235$4,606
20 years$13,595$10,994$8,821$7,030$5,569$4,035
21 years$12,811$10,240$8,114$6,380$4,984$3,540
22 years$12,100$9,559$7,478$5,801$4,467$3,110
23 years$11,451$8,940$6,905$5,283$4,010$2,736
24 years$10,858$8,376$6,386$4,818$3,604$2,409
25 years$10,313$7,861$5,915$4,400$3,243$2,123
26 years$9,810$7,388$5,486$4,024$2,921$1,873
27 years$9,346$6,953$5,094$3,683$2,634$1,653
28 years$8,915$6,552$4,735$3,374$2,377$1,460
29 years$8,515$6,181$4,407$3,094$2,146$1,290
30 years$8,142$5,837$4,105$2,840$1,939$1,141
31 years$7,794$5,518$3,827$2,608$1,753$1,009
32 years$7,469$5,221$3,570$2,397$1,586$893
33 years$7,163$4,945$3,334$2,204$1,435$790
34 years$6,877$4,686$3,115$2,028$1,299$699
35 years$6,607$4,445$2,912$1,867$1,177$619
36 years$6,353$4,219$2,724$1,719$1,066$549
37 years$6,113$4,007$2,550$1,584$966$486
38 years$5,886$3,808$2,388$1,460$876$431
39 years$5,672$3,621$2,237$1,346$795$382
40 years$5,469$3,445$2,097$1,242$721$338
41 years$5,276$3,279$1,966$1,146$654$300
42 years$5,093$3,123$1,844$1,057$593$266
43 years$4,918$2,976$1,731$976$538$236
44 years$4,753$2,837$1,624$901$489$209
45 years$4,595$2,705$1,525$832$444$185
46 years$4,444$2,580$1,433$769$403$164
47 years$4,300$2,462$1,346$710$366$146
48 years$4,163$2,351$1,265$656$332$129
49 years$4,031$2,245$1,189$607$302$115
50 years$3,905$2,144$1,118$561$274$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,000,000, adding $6,951 every year, while hoping to spend $36,557 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: 50/33/17 Blend
50$4,000,000$4,000,000$4,000,000$4,000,000
51$4,415,170$4,203,170$4,141,170$4,614,830
52$4,826,621$4,370,229$4,241,003$4,920,267
53$5,278,815$4,544,249$4,342,955$5,247,668
54$5,775,868$4,725,531$4,447,058$5,602,682
55$6,322,318$4,914,393$4,553,346$5,987,923
56$6,923,160$5,111,165$4,661,849$6,406,265
57$7,583,902$5,316,191$4,772,600$6,860,867
58$8,310,608$5,529,833$4,885,631$7,355,202
59$9,109,963$5,752,467$5,000,972$7,893,088
60$9,989,330$5,984,488$5,118,655$8,478,725
61$10,956,821$6,226,308$5,238,710$9,116,731
62$12,021,377$6,478,358$5,361,167$9,812,187
63$13,192,847$6,741,087$5,486,055$10,570,680
64$14,482,084$7,014,966$5,613,404$11,398,358
65$15,901,045$7,300,488$5,743,242$12,301,986
66$17,462,906$7,598,166$5,875,595$13,289,006
67$19,182,186$7,908,540$6,010,491$14,367,610
68$21,074,881$8,232,171$6,147,955$15,546,810
69$23,158,619$8,569,647$6,288,011$16,836,528
70$25,452,822$8,921,584$6,430,684$18,247,682
71$27,978,893$9,288,624$6,575,994$19,792,291
72$30,760,414$9,671,441$6,723,964$21,483,588
73$33,823,372$10,070,738$6,874,613$23,336,136
74$37,196,402$10,487,250$7,027,958$25,365,973
75$40,911,057$10,921,747$7,184,017$27,590,753
76$45,002,106$11,375,033$7,342,803$30,029,915
77$49,507,863$11,847,952$7,504,329$32,704,865
78$54,470,547$12,341,384$7,668,605$35,639,172
79$59,936,680$12,856,249$7,835,641$38,858,789
80$65,957,528$13,393,512$8,005,442$42,392,300
81$72,589,583$13,954,181$8,178,011$46,271,182
82$79,895,096$14,539,311$8,353,350$50,530,099
83$87,942,664$15,150,006$8,531,456$55,207,232
84$96,807,880$15,787,421$8,712,324$60,344,631
85$106,574,042$16,452,763$8,895,945$65,988,610
86$117,332,943$17,147,297$9,082,308$72,190,183
87$129,185,736$17,872,346$9,271,397$79,005,540
88$142,243,885$18,629,296$9,463,193$86,496,575
89$156,630,223$19,419,593$9,657,672$94,731,467
90$172,480,108$20,244,755$9,854,806$103,785,317
91$189,942,699$21,106,369$10,054,563$113,740,856
92$209,182,368$22,006,094$10,256,905$124,689,221
93$230,380,247$22,945,670$10,461,788$136,730,811
94$253,735,940$23,926,916$10,669,166$149,976,229
95$279,469,406$24,951,735$10,878,983$164,547,322
96$307,823,036$26,022,121$11,091,179$180,578,329
97$339,063,941$27,140,159$11,305,689$198,217,136
98$373,486,470$28,308,035$11,522,437$217,626,676
99$411,414,996$29,528,034$11,741,344$238,986,453
100$453,206,967$30,802,549$11,962,321$262,494,236