Can I retire at age 51 with 4,300,000?

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 $4,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$355,090$351,927$348,841$345,829$342,888$331,382
2 years$175,787$172,513$169,340$166,264$163,280$151,801
3 years$116,027$112,739$109,574$106,527$103,592$92,500
4 years$86,153$82,875$79,742$76,747$73,882$63,264
5 years$68,234$64,975$61,883$58,949$56,164$46,047
6 years$56,291$53,057$50,011$47,142$44,441$34,832
7 years$47,764$44,557$41,559$38,758$36,142$27,041
8 years$41,371$38,194$35,245$32,513$29,984$21,383
9 years$36,402$33,255$30,357$27,694$25,250$17,141
10 years$32,429$29,312$26,466$23,872$21,515$13,882
11 years$29,181$26,095$23,300$20,776$18,503$11,333
12 years$26,475$23,422$20,678$18,223$16,035$9,311
13 years$24,188$21,166$18,475$16,089$13,982$7,688
14 years$22,229$19,239$16,600$14,282$12,257$6,374
15 years$20,533$17,576$14,987$12,737$10,792$5,302
16 years$19,051$16,125$13,588$11,404$9,538$4,422
17 years$17,744$14,851$12,365$10,247$8,457$3,696
18 years$16,583$13,723$11,287$9,234$7,520$3,095
19 years$15,546$12,718$10,333$8,344$6,702$2,596
20 years$14,614$11,818$9,483$7,557$5,987$2,180
21 years$13,772$11,008$8,723$6,859$5,357$1,832
22 years$13,007$10,276$8,039$6,236$4,802$1,542
23 years$12,310$9,611$7,423$5,679$4,311$1,298
24 years$11,672$9,005$6,865$5,180$3,875$1,094
25 years$11,086$8,450$6,358$4,731$3,487$922
26 years$10,546$7,942$5,897$4,325$3,141$778
27 years$10,047$7,474$5,476$3,959$2,831$656
28 years$9,584$7,043$5,090$3,627$2,555$554
29 years$9,154$6,644$4,737$3,326$2,307$467
30 years$8,753$6,275$4,412$3,053$2,085$395
31 years$8,379$5,932$4,114$2,804$1,885$333
32 years$8,029$5,613$3,838$2,577$1,705$281
33 years$7,701$5,315$3,584$2,369$1,543$238
34 years$7,393$5,038$3,348$2,180$1,397$201
35 years$7,103$4,778$3,130$2,007$1,265$170
36 years$6,829$4,535$2,928$1,848$1,146$143
37 years$6,572$4,307$2,741$1,703$1,039$121
38 years$6,328$4,094$2,567$1,570$942$102
39 years$6,097$3,893$2,405$1,447$854$86
40 years$5,879$3,704$2,254$1,335$775$73
41 years$5,671$3,525$2,114$1,232$703$62
42 years$5,475$3,357$1,983$1,137$638$52
43 years$5,287$3,199$1,860$1,049$579$44
44 years$5,109$3,049$1,746$969$525$37
45 years$4,939$2,908$1,640$895$477$32
46 years$4,777$2,774$1,540$826$433$27
47 years$4,623$2,647$1,447$764$393$23
48 years$4,475$2,527$1,360$706$357$19
49 years$4,334$2,413$1,278$652$324$16
50 years$4,198$2,305$1,202$603$295$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,300,000, adding $4,436 every year, while hoping to spend $23,282 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: 41/41/18 Blend
50$4,300,000$4,300,000$4,300,000$4,300,000
51$4,743,176$4,515,276$4,448,626$4,912,304
52$5,202,208$4,711,752$4,572,883$5,229,315
53$5,707,281$4,917,076$4,700,522$5,569,623
54$6,263,066$5,131,656$4,831,633$5,937,472
55$6,874,712$5,355,920$4,966,305$6,335,389
56$7,547,889$5,590,316$5,104,633$6,766,146
57$8,288,846$5,835,314$5,246,711$7,232,788
58$9,104,470$6,091,406$5,392,637$7,738,654
59$10,002,348$6,359,107$5,542,512$8,287,414
60$10,990,840$6,638,956$5,696,439$8,883,095
61$12,079,158$6,931,517$5,854,522$9,530,123
62$13,277,452$7,237,382$6,016,869$10,233,357
63$14,596,909$7,557,170$6,183,590$10,998,139
64$16,049,853$7,891,530$6,354,800$11,830,338
65$17,649,865$8,241,142$6,530,612$12,736,403
66$19,411,910$8,606,717$6,711,147$13,723,425
67$21,352,480$8,989,001$6,896,525$14,799,197
68$23,489,744$9,388,774$7,086,871$15,972,289
69$25,843,729$9,806,854$7,282,311$17,252,123
70$28,436,497$10,244,098$7,482,977$18,649,062
71$31,292,365$10,701,404$7,689,001$20,174,502
72$34,438,124$11,179,710$7,900,521$21,840,978
73$37,903,299$11,680,003$8,117,675$23,662,280
74$41,720,426$12,203,314$8,340,607$25,653,579
75$45,925,356$12,750,723$8,569,464$27,831,565
76$50,557,597$13,323,362$8,804,395$30,214,603
77$55,660,683$13,922,418$9,045,554$32,822,901
78$61,282,590$14,549,134$9,293,097$35,678,701
79$67,476,183$15,204,811$9,547,186$38,806,477
80$74,299,721$15,890,813$9,807,983$42,233,170
81$81,817,399$16,608,570$10,075,658$45,988,429
82$90,099,963$17,359,579$10,350,381$50,104,896
83$99,225,370$18,145,409$10,632,329$54,618,500
84$109,279,527$18,967,704$10,921,682$59,568,797
85$120,357,103$19,828,186$11,218,623$64,999,335
86$132,562,421$20,728,660$11,523,339$70,958,060
87$146,010,441$21,671,017$11,836,024$77,497,764
88$160,827,848$22,657,240$12,156,874$84,676,574
89$177,154,248$23,689,404$12,486,089$92,558,497
90$195,143,483$24,769,686$12,823,874$101,214,017
91$214,965,084$25,900,366$13,170,439$110,720,751
92$236,805,872$27,083,833$13,525,999$121,164,176
93$260,871,723$28,322,593$13,890,771$132,638,429
94$287,389,508$29,619,269$14,264,981$145,247,185
95$316,609,236$30,976,612$14,648,856$159,104,629
96$348,806,415$32,397,503$15,042,630$174,336,525
97$384,284,652$33,884,963$15,446,541$191,081,391
98$423,378,519$35,442,159$15,860,833$209,491,801
99$466,456,711$37,072,407$16,285,753$229,735,811
100$513,925,525$38,779,186$16,721,556$251,998,540