Can I retire at age 51 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$338,574$335,558$332,616$329,744$326,940$319,816
2 years$167,611$164,489$161,464$158,531$155,686$148,544
3 years$110,631$107,496$104,478$101,572$98,773$91,838
4 years$82,146$79,021$76,033$73,177$70,446$63,769
5 years$65,060$61,953$59,005$56,207$53,552$47,153
6 years$53,673$50,589$47,685$44,949$42,374$36,259
7 years$45,542$42,485$39,626$36,955$34,461$28,632
8 years$39,447$36,417$33,606$31,001$28,589$23,044
9 years$34,709$31,708$28,945$26,406$24,076$18,810
10 years$30,921$27,949$25,235$22,762$20,514$15,522
11 years$27,823$24,881$22,216$19,810$17,643$12,919
12 years$25,244$22,332$19,716$17,376$15,289$10,825
13 years$23,063$20,182$17,615$15,340$13,332$9,121
14 years$21,195$18,345$15,827$13,617$11,687$7,720
15 years$19,578$16,758$14,290$12,144$10,290$6,558
16 years$18,165$15,375$12,956$10,874$9,094$5,588
17 years$16,918$14,160$11,790$9,770$8,064$4,774
18 years$15,812$13,085$10,762$8,805$7,170$4,088
19 years$14,823$12,127$9,852$7,956$6,391$3,507
20 years$13,935$11,269$9,042$7,206$5,708$3,013
21 years$13,132$10,496$8,317$6,540$5,108$2,592
22 years$12,402$9,798$7,665$5,946$4,579$2,232
23 years$11,738$9,164$7,078$5,415$4,110$1,924
24 years$11,129$8,586$6,546$4,939$3,694$1,660
25 years$10,570$8,057$6,062$4,510$3,324$1,434
26 years$10,055$7,573$5,623$4,124$2,994$1,238
27 years$9,579$7,127$5,221$3,775$2,700$1,071
28 years$9,138$6,716$4,854$3,459$2,436$926
29 years$8,728$6,335$4,517$3,172$2,200$801
30 years$8,346$5,983$4,207$2,911$1,988$693
31 years$7,989$5,656$3,922$2,673$1,797$600
32 years$7,655$5,352$3,660$2,457$1,625$520
33 years$7,342$5,068$3,417$2,259$1,471$450
34 years$7,049$4,803$3,193$2,079$1,332$390
35 years$6,772$4,556$2,985$1,914$1,206$338
36 years$6,512$4,324$2,792$1,762$1,093$293
37 years$6,266$4,107$2,614$1,624$991$254
38 years$6,034$3,903$2,447$1,497$898$220
39 years$5,814$3,712$2,293$1,380$814$191
40 years$5,605$3,531$2,149$1,273$739$165
41 years$5,408$3,361$2,015$1,174$670$143
42 years$5,220$3,201$1,890$1,084$608$124
43 years$5,041$3,050$1,774$1,000$552$108
44 years$4,871$2,907$1,665$924$501$93
45 years$4,709$2,773$1,563$853$455$81
46 years$4,555$2,645$1,468$788$413$70
47 years$4,408$2,524$1,380$728$375$61
48 years$4,267$2,410$1,296$673$341$53
49 years$4,132$2,301$1,219$622$309$46
50 years$4,003$2,198$1,146$575$281$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,100,000, adding $2,808 every year, while hoping to spend $47,074 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: 54/25/21 Blend
50$4,100,000$4,100,000$4,100,000$4,100,000
51$4,521,096$4,303,796$4,240,246$4,739,151
52$4,932,162$4,464,596$4,332,208$5,049,837
53$5,383,578$4,631,697$4,425,673$5,382,690
54$5,879,412$4,805,359$4,520,642$5,744,026
55$6,424,142$4,985,851$4,617,113$6,136,581
56$7,022,702$5,173,456$4,715,085$6,563,364
57$7,680,530$5,368,468$4,814,552$7,027,686
58$8,403,614$5,571,192$4,915,509$7,533,192
59$9,198,552$5,781,950$5,017,948$8,083,889
60$10,072,613$6,001,075$5,121,859$8,684,189
61$11,033,807$6,228,915$5,227,228$9,338,946
62$12,090,957$6,465,833$5,334,042$10,053,504
63$13,253,784$6,712,209$5,442,282$10,833,743
64$14,533,001$6,968,438$5,551,929$11,686,138
65$15,940,409$7,234,933$5,662,961$12,617,815
66$17,489,011$7,512,125$5,775,350$13,636,619
67$19,193,135$7,800,464$5,889,069$14,751,188
68$21,068,568$8,100,420$6,004,086$15,971,033
69$23,132,703$8,412,481$6,120,364$17,306,626
70$25,404,707$8,737,161$6,237,865$18,769,498
71$27,905,698$9,074,993$6,356,544$20,372,347
72$30,658,946$9,426,535$6,476,355$22,129,156
73$33,690,092$9,792,368$6,597,246$24,055,326
74$37,027,388$10,173,101$6,719,161$26,167,816
75$40,701,967$10,569,369$6,842,038$28,485,307
76$44,748,134$10,981,834$6,965,813$31,028,371
77$49,203,688$11,411,188$7,090,412$33,819,670
78$54,110,283$11,858,155$7,215,760$36,884,163
79$59,513,817$12,323,490$7,341,773$40,249,345
80$65,464,867$12,807,981$7,468,363$43,945,498
81$72,019,164$13,312,453$7,595,433$48,005,985
82$79,238,121$13,837,765$7,722,882$52,467,555
83$87,189,411$14,384,817$7,850,600$57,370,690
84$95,947,606$14,954,549$7,978,471$62,759,988
85$105,594,880$15,547,940$8,106,368$68,684,579
86$116,221,786$16,166,018$8,234,160$75,198,591
87$127,928,108$16,809,852$8,361,704$82,361,653
88$140,823,803$17,480,563$8,488,849$90,239,459
89$155,030,040$18,179,320$8,615,435$98,904,388
90$170,680,343$18,907,345$8,741,291$108,436,180
91$187,921,850$19,665,917$8,866,236$118,922,690
92$206,916,703$20,456,371$8,990,078$130,460,715
93$227,843,575$21,280,101$9,112,614$143,156,901
94$250,899,361$22,138,568$9,233,629$157,128,754
95$276,301,033$23,033,295$9,352,893$172,505,740
96$304,287,689$23,965,877$9,470,165$189,430,506
97$335,122,808$24,937,980$9,585,190$208,060,226
98$369,096,740$25,951,346$9,697,699$228,568,081
99$406,529,441$27,007,796$9,807,406$251,144,886
100$447,773,501$28,109,234$9,914,011$276,000,894