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%14.8%
1 years$148,642$147,318$146,027$144,766$143,535$140,694
2 years$73,585$72,215$70,887$69,599$68,350$65,500
3 years$48,570$47,193$45,868$44,593$43,364$40,594
4 years$36,064$34,692$33,380$32,127$30,928$28,258
5 years$28,563$27,199$25,905$24,676$23,511$20,950
6 years$23,564$22,210$20,935$19,734$18,603$16,154
7 years$19,994$18,652$17,397$16,224$15,129$12,792
8 years$17,318$15,988$14,754$13,610$12,551$10,325
9 years$15,238$13,921$12,708$11,593$10,570$8,454
10 years$13,575$12,270$11,079$9,993$9,006$6,997
11 years$12,215$10,924$9,754$8,697$7,746$5,842
12 years$11,083$9,804$8,656$7,628$6,712$4,911
13 years$10,125$8,860$7,734$6,735$5,853$4,152
14 years$9,305$8,054$6,949$5,978$5,131$3,526
15 years$8,595$7,357$6,274$5,332$4,518$3,006
16 years$7,975$6,750$5,688$4,774$3,993$2,571
17 years$7,428$6,217$5,176$4,289$3,540$2,204
18 years$6,942$5,744$4,725$3,866$3,148$1,894
19 years$6,508$5,324$4,325$3,493$2,806$1,631
20 years$6,118$4,947$3,970$3,163$2,506$1,406
21 years$5,765$4,608$3,651$2,871$2,243$1,214
22 years$5,445$4,302$3,365$2,610$2,010$1,050
23 years$5,153$4,023$3,107$2,377$1,804$909
24 years$4,886$3,769$2,874$2,168$1,622$787
25 years$4,641$3,537$2,662$1,980$1,459$682
26 years$4,415$3,325$2,468$1,811$1,315$592
27 years$4,206$3,129$2,292$1,657$1,185$514
28 years$4,012$2,948$2,131$1,518$1,069$446
29 years$3,832$2,781$1,983$1,392$966$387
30 years$3,664$2,627$1,847$1,278$873$337
31 years$3,507$2,483$1,722$1,174$789$293
32 years$3,361$2,350$1,607$1,079$714$254
33 years$3,224$2,225$1,500$992$646$221
34 years$3,095$2,109$1,402$913$585$193
35 years$2,973$2,000$1,310$840$530$168
36 years$2,859$1,898$1,226$774$480$146
37 years$2,751$1,803$1,147$713$435$127
38 years$2,649$1,714$1,074$657$394$110
39 years$2,552$1,629$1,007$606$358$96
40 years$2,461$1,550$944$559$324$84
41 years$2,374$1,476$885$516$294$73
42 years$2,292$1,405$830$476$267$63
43 years$2,213$1,339$779$439$242$55
44 years$2,139$1,276$731$406$220$48
45 years$2,068$1,217$686$375$200$42
46 years$2,000$1,161$645$346$181$36
47 years$1,935$1,108$606$320$165$32
48 years$1,873$1,058$569$295$149$28
49 years$1,814$1,010$535$273$136$24
50 years$1,757$965$503$252$123$21

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 $6,161 every year, while hoping to spend $53,756 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: 48/28/24 Blend
50$1,800,000$1,800,000$1,800,000$1,800,000
51$1,989,955$1,894,555$1,866,655$2,071,631
52$2,135,735$1,930,192$1,871,992$2,165,028
53$2,294,582$1,965,774$1,875,706$2,260,552
54$2,467,773$2,001,241$1,877,686$2,363,203
55$2,656,713$2,036,529$1,877,816$2,473,677
56$2,862,947$2,071,568$1,875,972$2,592,741
57$3,088,178$2,106,285$1,872,027$2,721,242
58$3,334,278$2,140,599$1,865,846$2,860,113
59$3,603,310$2,174,424$1,857,288$3,010,386
60$3,897,545$2,207,669$1,846,205$3,173,199
61$4,219,483$2,240,233$1,832,441$3,349,805
62$4,571,877$2,272,011$1,815,834$3,541,590
63$4,957,759$2,302,889$1,796,214$3,750,083
64$5,380,466$2,332,746$1,773,403$3,976,969
65$5,843,675$2,361,453$1,747,214$4,224,109
66$6,351,435$2,388,869$1,717,451$4,493,554
67$6,908,205$2,414,848$1,683,909$4,787,571
68$7,518,898$2,439,230$1,646,376$5,108,658
69$8,188,921$2,461,848$1,604,625$5,459,570
70$8,924,234$2,482,522$1,558,423$5,843,350
71$9,731,401$2,501,061$1,507,525$6,263,352
72$10,617,651$2,517,260$1,451,674$6,723,277
73$11,590,948$2,530,902$1,390,602$7,227,208
74$12,660,066$2,541,758$1,324,028$7,779,648
75$13,834,669$2,549,580$1,251,660$8,385,566
76$15,125,405$2,554,110$1,173,191$9,050,440
77$16,544,004$2,555,068$1,088,300$9,780,316
78$18,103,387$2,552,162$996,653$10,581,858
79$19,817,793$2,545,078$897,901$11,462,420
80$21,702,905$2,533,484$791,678$12,430,111
81$23,776,005$2,517,029$677,603$13,493,873
82$26,056,133$2,495,338$555,278$14,663,570
83$28,564,265$2,468,017$424,287$15,950,079
84$31,323,515$2,434,644$284,195$17,365,394
85$34,359,348$2,394,776$134,549$18,922,744
86$37,699,822$2,347,940$0$20,636,714
87$41,375,852$2,293,638$0$22,529,829
88$45,421,503$2,231,340$0$24,650,572
89$49,874,308$2,160,487$0$26,984,141
90$54,775,623$2,080,487$0$29,552,237
91$60,171,017$1,990,712$0$32,378,777
92$66,110,703$1,890,498$0$35,490,128
93$72,650,007$1,779,145$0$38,915,347
94$79,849,894$1,655,910$0$42,686,463
95$87,777,542$1,520,008$0$46,838,780
96$96,506,973$1,370,610$0$51,411,206
97$106,119,754$1,206,840$0$56,446,630
98$116,705,765$1,027,770$0$61,992,320
99$128,364,045$832,423$0$68,100,375
100$141,203,729$619,764$0$74,828,220