Can I retire at age 51 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$148,642$147,318$146,027$144,766$143,535$140,579
2 years$73,585$72,215$70,887$69,599$68,350$65,386
3 years$48,570$47,193$45,868$44,593$43,364$40,484
4 years$36,064$34,692$33,380$32,127$30,928$28,153
5 years$28,563$27,199$25,905$24,676$23,511$20,850
6 years$23,564$22,210$20,935$19,734$18,603$16,059
7 years$19,994$18,652$17,397$16,224$15,129$12,703
8 years$17,318$15,988$14,754$13,610$12,551$10,241
9 years$15,238$13,921$12,708$11,593$10,570$8,375
10 years$13,575$12,270$11,079$9,993$9,006$6,924
11 years$12,215$10,924$9,754$8,697$7,746$5,773
12 years$11,083$9,804$8,656$7,628$6,712$4,847
13 years$10,125$8,860$7,734$6,735$5,853$4,092
14 years$9,305$8,054$6,949$5,978$5,131$3,471
15 years$8,595$7,357$6,274$5,332$4,518$2,955
16 years$7,975$6,750$5,688$4,774$3,993$2,523
17 years$7,428$6,217$5,176$4,289$3,540$2,160
18 years$6,942$5,744$4,725$3,866$3,148$1,854
19 years$6,508$5,324$4,325$3,493$2,806$1,594
20 years$6,118$4,947$3,970$3,163$2,506$1,372
21 years$5,765$4,608$3,651$2,871$2,243$1,183
22 years$5,445$4,302$3,365$2,610$2,010$1,021
23 years$5,153$4,023$3,107$2,377$1,804$883
24 years$4,886$3,769$2,874$2,168$1,622$763
25 years$4,641$3,537$2,662$1,980$1,459$661
26 years$4,415$3,325$2,468$1,811$1,315$572
27 years$4,206$3,129$2,292$1,657$1,185$496
28 years$4,012$2,948$2,131$1,518$1,069$430
29 years$3,832$2,781$1,983$1,392$966$373
30 years$3,664$2,627$1,847$1,278$873$323
31 years$3,507$2,483$1,722$1,174$789$281
32 years$3,361$2,350$1,607$1,079$714$244
33 years$3,224$2,225$1,500$992$646$212
34 years$3,095$2,109$1,402$913$585$184
35 years$2,973$2,000$1,310$840$530$160
36 years$2,859$1,898$1,226$774$480$139
37 years$2,751$1,803$1,147$713$435$120
38 years$2,649$1,714$1,074$657$394$105
39 years$2,552$1,629$1,007$606$358$91
40 years$2,461$1,550$944$559$324$79
41 years$2,374$1,476$885$516$294$69
42 years$2,292$1,405$830$476$267$60
43 years$2,213$1,339$779$439$242$52
44 years$2,139$1,276$731$406$220$45
45 years$2,068$1,217$686$375$200$39
46 years$2,000$1,161$645$346$181$34
47 years$1,935$1,108$606$320$165$30
48 years$1,873$1,058$569$295$149$26
49 years$1,814$1,010$535$273$136$22
50 years$1,757$965$503$252$123$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,800,000, adding $6,349 every year, while hoping to spend $59,796 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: 83/10/7 Blend
50$1,800,000$1,800,000$1,800,000$1,800,000
51$1,990,149$1,894,749$1,866,849$2,153,524
52$2,129,522$1,923,969$1,865,766$2,290,439
53$2,281,106$1,952,617$1,862,643$2,432,051
54$2,446,085$1,980,602$1,857,347$2,585,693
55$2,625,760$2,007,825$1,849,742$2,752,535
56$2,821,562$2,034,183$1,839,683$2,933,867
57$3,035,066$2,059,563$1,827,018$3,131,106
58$3,268,008$2,083,847$1,811,588$3,345,815
59$3,522,297$2,106,906$1,793,227$3,579,714
60$3,800,032$2,128,606$1,771,762$3,834,700
61$4,103,528$2,148,800$1,747,008$4,112,859
62$4,435,331$2,167,335$1,718,777$4,416,492
63$4,798,245$2,184,045$1,686,866$4,748,130
64$5,195,358$2,198,755$1,651,068$5,110,566
65$5,630,068$2,211,277$1,611,162$5,506,872
66$6,106,120$2,221,415$1,566,921$5,940,435
67$6,627,635$2,228,955$1,518,103$6,414,988
68$7,199,153$2,233,673$1,464,459$6,934,640
69$7,825,674$2,235,331$1,405,726$7,503,921
70$8,512,705$2,233,674$1,341,630$8,127,823
71$9,266,311$2,228,434$1,271,885$8,811,842
72$10,093,172$2,219,325$1,196,190$9,562,039
73$11,000,646$2,206,042$1,114,233$10,385,089
74$11,996,839$2,188,265$1,025,687$11,288,349
75$13,090,678$2,165,651$930,209$12,279,925
76$14,291,999$2,137,840$827,443$13,368,749
77$15,611,636$2,104,447$717,015$14,564,664
78$17,061,524$2,065,067$598,536$15,878,517
79$18,654,812$2,019,267$471,600$17,322,259
80$20,405,986$1,966,594$335,781$18,909,061
81$22,331,003$1,906,564$190,637$20,653,439
82$24,447,445$1,838,666$35,703$22,571,386
83$26,774,684$1,762,359$0$24,680,528
84$29,334,058$1,677,072$0$27,009,972
85$32,149,083$1,582,198$0$29,574,916
86$35,245,662$1,477,099$0$32,396,317
87$38,652,340$1,361,098$0$35,500,213
88$42,400,565$1,233,478$0$38,915,294
89$46,524,989$1,093,484$0$42,673,173
90$51,063,790$940,317$0$46,808,689
91$56,059,035$773,132$0$51,360,230
92$61,557,079$591,037$0$56,370,100
93$67,608,993$393,090$0$61,884,915
94$74,271,055$178,296$0$67,956,045
95$81,605,275$0$0$74,640,097
96$89,679,980$0$0$82,005,438
97$98,570,460$0$0$90,136,535
98$108,359,678$0$0$99,089,651
99$119,139,050$0$0$108,948,398
100$131,009,308$0$0$119,804,914