Can I retire at age 51 with 4,600,000?

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 $4,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$379,864$376,480$373,179$369,957$366,810$354,785
2 years$188,051$184,549$181,155$177,864$174,672$162,671
3 years$124,122$120,605$117,219$113,959$110,819$99,219
4 years$92,164$88,657$85,306$82,101$79,037$67,928
5 years$72,994$69,508$66,201$63,062$60,083$49,493
6 years$60,218$56,759$53,500$50,431$47,541$37,481
7 years$51,096$47,666$44,459$41,462$38,664$29,131
8 years$44,258$40,859$37,704$34,781$32,075$23,063
9 years$38,942$35,575$32,475$29,626$27,012$18,509
10 years$34,692$31,357$28,312$25,538$23,016$15,009
11 years$31,216$27,916$24,926$22,226$19,794$12,270
12 years$28,322$25,056$22,121$19,495$17,153$10,094
13 years$25,876$22,643$19,764$17,211$14,958$8,346
14 years$23,780$20,582$17,758$15,278$13,112$6,929
15 years$21,966$18,802$16,033$13,625$11,545$5,771
16 years$20,380$17,250$14,536$12,200$10,203$4,820
17 years$18,982$15,887$13,227$10,962$9,047$4,035
18 years$17,740$14,680$12,075$9,879$8,044$3,384
19 years$16,631$13,605$11,054$8,926$7,170$2,843
20 years$15,634$12,643$10,145$8,084$6,404$2,391
21 years$14,733$11,776$9,331$7,337$5,731$2,013
22 years$13,915$10,993$8,600$6,671$5,137$1,696
23 years$13,169$10,281$7,941$6,075$4,611$1,430
24 years$12,487$9,633$7,344$5,541$4,145$1,207
25 years$11,860$9,040$6,802$5,061$3,730$1,019
26 years$11,282$8,496$6,308$4,627$3,360$861
27 years$10,748$7,996$5,858$4,235$3,029$727
28 years$10,252$7,534$5,446$3,880$2,733$615
29 years$9,792$7,108$5,068$3,558$2,468$520
30 years$9,364$6,713$4,720$3,266$2,230$440
31 years$8,963$6,346$4,401$2,999$2,016$372
32 years$8,589$6,004$4,106$2,756$1,824$315
33 years$8,238$5,686$3,834$2,535$1,650$266
34 years$7,908$5,389$3,582$2,332$1,494$225
35 years$7,598$5,112$3,349$2,147$1,353$191
36 years$7,306$4,852$3,133$1,977$1,226$161
37 years$7,030$4,608$2,932$1,822$1,111$137
38 years$6,769$4,379$2,746$1,679$1,008$116
39 years$6,523$4,164$2,573$1,548$914$98
40 years$6,289$3,962$2,411$1,428$829$83
41 years$6,067$3,771$2,261$1,318$752$70
42 years$5,856$3,592$2,121$1,216$682$59
43 years$5,656$3,422$1,990$1,122$619$50
44 years$5,465$3,262$1,868$1,036$562$43
45 years$5,284$3,111$1,754$957$510$36
46 years$5,110$2,967$1,648$884$463$31
47 years$4,945$2,832$1,548$817$421$26
48 years$4,787$2,703$1,455$755$382$22
49 years$4,636$2,582$1,367$698$347$19
50 years$4,491$2,466$1,285$645$315$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $4,600,000, adding $2,192 every year, while hoping to spend $34,007 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: 47/39/14 Blend
50$4,600,000$4,600,000$4,600,000$4,600,000
51$5,071,461$4,827,661$4,756,361$5,289,793
52$5,552,567$5,028,033$4,879,516$5,641,528
53$6,081,606$5,237,084$5,005,657$6,019,396
54$6,663,431$5,455,202$5,134,848$6,428,758
55$7,303,390$5,682,796$5,267,154$6,872,560
56$8,007,373$5,920,291$5,402,641$7,354,036
57$8,781,873$6,168,132$5,541,377$7,876,741
58$9,634,040$6,426,787$5,683,430$8,444,580
59$10,571,756$6,696,744$5,828,868$9,061,844
60$11,603,702$6,978,512$5,977,763$9,733,250
61$12,739,447$7,272,625$6,130,185$10,463,981
62$13,989,530$7,579,644$6,286,206$11,259,736
63$15,365,568$7,900,152$6,445,899$12,126,782
64$16,880,359$8,234,762$6,609,340$13,072,008
65$18,548,004$8,584,115$6,776,602$14,102,992
66$20,384,044$8,948,880$6,947,761$15,228,066
67$22,405,600$9,329,758$7,122,895$16,456,399
68$24,631,540$9,727,485$7,302,080$17,798,073
69$27,082,654$10,142,829$7,485,397$19,264,182
70$29,781,850$10,576,593$7,672,923$20,866,933
71$32,754,373$11,029,620$7,864,740$22,619,756
72$36,028,038$11,502,791$8,060,928$24,537,431
73$39,633,498$11,997,027$8,261,569$26,636,223
74$43,604,528$12,513,295$8,466,745$28,934,032
75$47,978,349$13,052,605$8,676,540$31,450,563
76$52,795,973$13,616,016$8,891,037$34,207,503
77$58,102,596$14,204,634$9,110,320$37,228,725
78$63,948,019$14,819,620$9,334,474$40,540,510
79$70,387,123$15,462,187$9,563,585$44,171,794
80$77,480,382$16,133,607$9,797,737$48,154,429
81$85,294,437$16,835,210$10,037,018$52,523,490
82$93,902,724$17,568,390$10,281,513$57,317,595
83$103,386,167$18,334,606$10,531,308$62,579,266
84$113,833,940$19,135,385$10,786,491$68,355,329
85$125,344,311$19,972,328$11,047,147$74,697,346
86$138,025,567$20,847,109$11,313,364$81,662,105
87$151,997,041$21,761,482$11,585,227$89,312,140
88$167,390,229$22,717,286$11,862,822$97,716,324
89$184,350,042$23,716,442$12,146,236$106,950,511
90$203,036,165$24,760,967$12,435,554$117,098,246
91$223,624,569$25,852,969$12,730,860$128,251,547
92$246,309,170$26,994,659$13,032,239$140,511,766
93$271,303,659$28,188,351$13,339,773$153,990,543
94$298,843,521$29,436,469$13,653,544$168,810,848
95$329,188,256$30,741,552$13,973,633$185,108,137
96$362,623,829$32,106,259$14,300,121$203,031,623
97$399,465,369$33,533,375$14,633,084$222,745,674
98$440,060,144$35,025,818$14,972,600$244,431,360
99$484,790,840$36,586,644$15,318,743$268,288,150
100$534,079,170$38,219,054$15,671,585$294,535,786