Can I retire at age 51 with 1,810,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$149,468$148,137$146,838$145,570$144,332$142,234
2 years$73,994$72,616$71,280$69,986$68,729$66,620
3 years$48,839$47,455$46,123$44,840$43,605$41,550
4 years$36,265$34,885$33,566$32,305$31,099$29,114
5 years$28,722$27,350$26,048$24,813$23,641$21,732
6 years$23,695$22,333$21,051$19,843$18,706$16,875
7 years$20,105$18,756$17,494$16,314$15,213$13,461
8 years$17,414$16,077$14,836$13,686$12,621$10,947
9 years$15,323$13,998$12,778$11,657$10,629$9,033
10 years$13,650$12,338$11,140$10,049$9,056$7,537
11 years$12,283$10,984$9,808$8,745$7,789$6,344
12 years$11,144$9,859$8,704$7,671$6,749$5,378
13 years$10,182$8,909$7,777$6,772$5,886$4,586
14 years$9,357$8,098$6,987$6,012$5,159$3,929
15 years$8,643$7,398$6,309$5,361$4,543$3,379
16 years$8,019$6,788$5,720$4,800$4,015$2,916
17 years$7,469$6,251$5,205$4,313$3,560$2,524
18 years$6,980$5,776$4,751$3,887$3,165$2,189
19 years$6,544$5,353$4,349$3,512$2,821$1,903
20 years$6,152$4,975$3,992$3,181$2,520$1,657
21 years$5,797$4,634$3,672$2,887$2,255$1,445
22 years$5,475$4,325$3,384$2,625$2,021$1,262
23 years$5,182$4,045$3,124$2,391$1,815$1,103
24 years$4,913$3,790$2,890$2,180$1,631$965
25 years$4,666$3,557$2,676$1,991$1,468$846
26 years$4,439$3,343$2,482$1,821$1,322$741
27 years$4,229$3,146$2,305$1,666$1,192$650
28 years$4,034$2,965$2,143$1,527$1,075$570
29 years$3,853$2,797$1,994$1,400$971$501
30 years$3,684$2,641$1,857$1,285$877$440
31 years$3,527$2,497$1,732$1,180$793$386
32 years$3,380$2,363$1,616$1,085$718$340
33 years$3,241$2,237$1,508$997$649$299
34 years$3,112$2,121$1,409$918$588$263
35 years$2,990$2,011$1,318$845$533$231
36 years$2,875$1,909$1,233$778$483$203
37 years$2,766$1,813$1,154$717$437$179
38 years$2,664$1,723$1,080$661$396$157
39 years$2,567$1,639$1,012$609$360$139
40 years$2,475$1,559$949$562$326$122
41 years$2,387$1,484$890$518$296$107
42 years$2,304$1,413$835$478$268$95
43 years$2,226$1,347$783$442$244$83
44 years$2,151$1,284$735$408$221$73
45 years$2,079$1,224$690$377$201$65
46 years$2,011$1,168$648$348$182$57
47 years$1,946$1,114$609$321$166$50
48 years$1,884$1,064$572$297$150$44
49 years$1,824$1,016$538$274$137$39
50 years$1,767$970$506$254$124$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,810,000, adding $5,915 every year, while hoping to spend $31,437 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: 30/48/22 Blend
50$1,810,000$1,810,000$1,810,000$1,810,000
51$2,000,721$1,904,791$1,876,736$2,046,877
52$2,171,346$1,964,677$1,906,158$2,142,561
53$2,358,321$2,026,444$1,935,512$2,242,215
54$2,563,281$2,090,151$1,964,763$2,348,770
55$2,788,025$2,155,858$1,993,872$2,462,843
56$3,034,537$2,223,628$2,022,800$2,585,112
57$3,305,000$2,293,527$2,051,504$2,716,322
58$3,601,821$2,365,620$2,079,940$2,857,292
59$3,927,647$2,439,976$2,108,059$3,008,922
60$4,285,399$2,516,667$2,135,811$3,172,201
61$4,678,292$2,595,765$2,163,142$3,348,216
62$5,109,866$2,677,347$2,189,996$3,538,164
63$5,584,025$2,761,489$2,216,313$3,743,359
64$6,105,065$2,848,272$2,242,030$3,965,251
65$6,677,723$2,937,778$2,267,079$4,205,429
66$7,307,215$3,030,094$2,291,391$4,465,647
67$7,999,289$3,125,306$2,314,890$4,747,831
68$8,760,277$3,223,506$2,337,499$5,054,103
69$9,597,155$3,324,788$2,359,135$5,386,798
70$10,517,609$3,429,247$2,379,711$5,748,485
71$11,530,108$3,536,983$2,399,134$6,141,994
72$12,643,983$3,648,099$2,417,309$6,570,440
73$13,869,514$3,762,700$2,434,133$7,037,250
74$15,218,028$3,880,896$2,449,500$7,546,201
75$16,702,006$4,002,799$2,463,298$8,101,450
76$18,335,200$4,128,525$2,475,407$8,707,575
77$20,132,761$4,258,194$2,485,704$9,369,617
78$22,111,386$4,391,929$2,494,058$10,093,129
79$24,289,470$4,529,857$2,500,332$10,884,225
80$26,687,285$4,672,109$2,504,383$11,749,640
81$29,327,166$4,818,820$2,506,058$12,696,792
82$32,233,726$4,970,130$2,505,199$13,733,852
83$35,434,082$5,126,183$2,501,639$14,869,821
84$38,958,119$5,287,127$2,495,205$16,114,612
85$42,838,766$5,453,115$2,485,713$17,479,148
86$47,112,306$5,624,304$2,472,971$18,975,461
87$51,818,723$5,800,856$2,456,777$20,616,804
88$57,002,075$5,982,940$2,436,921$22,417,781
89$62,710,911$6,170,729$2,413,182$24,394,477
90$68,998,729$6,364,399$2,385,328$26,564,618
91$75,924,480$6,564,136$2,353,118$28,947,729
92$83,553,126$6,770,127$2,316,296$31,565,326
93$91,956,251$6,982,570$2,274,598$34,441,111
94$101,212,737$7,201,664$2,227,746$37,601,202
95$111,409,508$7,427,618$2,175,448$41,074,374
96$122,642,352$7,660,645$2,117,399$44,892,333
97$135,016,822$7,900,967$2,053,282$49,090,015
98$148,649,233$8,148,810$1,982,763$53,705,912
99$163,667,763$8,404,409$1,905,493$58,782,438
100$180,213,656$8,668,007$1,821,108$64,366,329