Can I retire at age 51 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$136,255$135,042$133,858$132,702$131,573$128,133
2 years$67,453$66,197$64,979$63,799$62,654$59,211
3 years$44,522$43,260$42,046$40,877$39,750$36,413
4 years$33,059$31,801$30,599$29,449$28,350$25,144
5 years$26,183$24,932$23,746$22,620$21,551$18,485
6 years$21,600$20,359$19,190$18,089$17,053$14,129
7 years$18,328$17,098$15,947$14,872$13,869$11,088
8 years$15,875$14,656$13,524$12,476$11,505$8,867
9 years$13,968$12,761$11,649$10,627$9,689$7,190
10 years$12,444$11,248$10,156$9,160$8,256$5,893
11 years$11,197$10,013$8,941$7,972$7,100$4,870
12 years$10,159$8,987$7,935$6,993$6,153$4,052
13 years$9,281$8,122$7,089$6,174$5,365$3,389
14 years$8,530$7,383$6,370$5,480$4,703$2,847
15 years$7,879$6,744$5,751$4,887$4,141$2,400
16 years$7,310$6,188$5,214$4,376$3,660$2,029
17 years$6,809$5,699$4,745$3,932$3,245$1,720
18 years$6,363$5,266$4,331$3,543$2,885$1,461
19 years$5,966$4,880$3,965$3,202$2,572$1,243
20 years$5,608$4,535$3,639$2,900$2,297$1,059
21 years$5,285$4,224$3,347$2,632$2,056$903
22 years$4,991$3,943$3,085$2,393$1,843$771
23 years$4,724$3,688$2,848$2,179$1,654$659
24 years$4,479$3,455$2,634$1,988$1,487$564
25 years$4,254$3,243$2,440$1,815$1,338$483
26 years$4,047$3,048$2,263$1,660$1,205$413
27 years$3,855$2,868$2,101$1,519$1,086$354
28 years$3,677$2,703$1,953$1,392$980$303
29 years$3,512$2,550$1,818$1,276$885$260
30 years$3,359$2,408$1,693$1,171$800$223
31 years$3,215$2,276$1,578$1,076$723$191
32 years$3,081$2,154$1,473$989$654$164
33 years$2,955$2,040$1,375$909$592$141
34 years$2,837$1,933$1,285$837$536$121
35 years$2,725$1,834$1,201$770$485$104
36 years$2,621$1,740$1,124$709$440$89
37 years$2,522$1,653$1,052$653$399$77
38 years$2,428$1,571$985$602$361$66
39 years$2,340$1,494$923$555$328$56
40 years$2,256$1,421$865$512$297$48
41 years$2,176$1,353$811$473$270$42
42 years$2,101$1,288$761$436$245$36
43 years$2,029$1,228$714$403$222$31
44 years$1,960$1,170$670$372$202$26
45 years$1,895$1,116$629$343$183$23
46 years$1,833$1,064$591$317$166$19
47 years$1,774$1,016$555$293$151$17
48 years$1,717$970$522$271$137$14
49 years$1,663$926$490$250$124$12
50 years$1,611$885$461$231$113$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,650,000, adding $4,352 every year, while hoping to spend $49,922 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: 70/13/17 Blend
50$1,650,000$1,650,000$1,650,000$1,650,000
51$1,822,789$1,735,339$1,709,764$1,942,770
52$1,955,597$1,767,254$1,713,925$2,055,109
53$2,100,278$1,799,060$1,716,551$2,171,655
54$2,257,991$1,830,698$1,717,540$2,297,947
55$2,430,010$1,862,106$1,716,782$2,434,941
56$2,617,739$1,893,217$1,714,162$2,583,690
57$2,822,722$1,923,958$1,709,560$2,745,356
58$3,046,659$1,954,252$1,702,850$2,921,216
59$3,291,423$1,984,015$1,693,900$3,112,681
60$3,559,073$2,013,157$1,682,571$3,321,304
61$3,851,880$2,041,583$1,668,718$3,548,797
62$4,172,341$2,069,190$1,652,189$3,797,046
63$4,523,207$2,095,868$1,632,825$4,068,131
64$4,907,509$2,121,500$1,610,459$4,364,343
65$5,328,581$2,145,960$1,584,916$4,688,209
66$5,790,099$2,169,115$1,556,014$5,042,513
67$6,296,109$2,190,821$1,523,560$5,430,322
68$6,851,068$2,210,927$1,487,355$5,855,020
69$7,459,884$2,229,270$1,447,188$6,320,335
70$8,127,965$2,245,676$1,402,842$6,830,375
71$8,861,266$2,259,963$1,354,085$7,389,669
72$9,666,347$2,271,933$1,300,680$8,003,210
73$10,550,435$2,281,379$1,242,373$8,676,500
74$11,521,492$2,288,079$1,178,905$9,415,603
75$12,588,285$2,291,796$1,110,000$10,227,204
76$13,760,478$2,292,281$1,035,372$11,118,673
77$15,048,711$2,289,268$954,722$12,098,130
78$16,464,712$2,282,474$867,737$13,174,526
79$18,021,397$2,271,599$774,090$14,357,730
80$19,732,998$2,256,327$673,441$15,658,615
81$21,615,196$2,236,318$565,433$17,089,170
82$23,685,264$2,211,217$449,694$18,662,607
83$25,962,237$2,180,642$325,835$20,393,487
84$28,467,086$2,144,194$193,450$22,297,862
85$31,222,915$2,101,446$52,117$24,393,424
86$34,255,182$2,051,946$0$26,699,672
87$37,591,938$1,995,219$0$29,256,003
88$41,264,088$1,930,758$0$32,079,453
89$45,305,688$1,858,028$0$35,186,754
90$49,754,260$1,776,463$0$38,606,773
91$54,651,150$1,685,465$0$42,371,323
92$60,041,913$1,584,399$0$46,515,458
93$65,976,750$1,472,595$0$51,077,811
94$72,510,972$1,349,347$0$56,100,952
95$79,705,530$1,213,903$0$61,631,796
96$87,627,583$1,065,474$0$67,722,041
97$96,351,137$903,222$0$74,428,660
98$105,957,737$726,265$0$81,814,437
99$116,537,243$533,668$0$89,948,560
100$128,188,671$324,447$0$98,907,277