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

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$149,468$148,137$146,838$145,570$144,332$143,543
2 years$73,994$72,616$71,280$69,986$68,729$67,933
3 years$48,839$47,455$46,123$44,840$43,605$42,826
4 years$36,265$34,885$33,566$32,305$31,099$30,344
5 years$28,722$27,350$26,048$24,813$23,641$22,912
6 years$23,695$22,333$21,051$19,843$18,706$18,004
7 years$20,105$18,756$17,494$16,314$15,213$14,537
8 years$17,414$16,077$14,836$13,686$12,621$11,972
9 years$15,323$13,998$12,778$11,657$10,629$10,007
10 years$13,650$12,338$11,140$10,049$9,056$8,461
11 years$12,283$10,984$9,808$8,745$7,789$7,220
12 years$11,144$9,859$8,704$7,671$6,749$6,206
13 years$10,182$8,909$7,777$6,772$5,886$5,367
14 years$9,357$8,098$6,987$6,012$5,159$4,666
15 years$8,643$7,398$6,309$5,361$4,543$4,073
16 years$8,019$6,788$5,720$4,800$4,015$3,569
17 years$7,469$6,251$5,205$4,313$3,560$3,136
18 years$6,980$5,776$4,751$3,887$3,165$2,764
19 years$6,544$5,353$4,349$3,512$2,821$2,441
20 years$6,152$4,975$3,992$3,181$2,520$2,160
21 years$5,797$4,634$3,672$2,887$2,255$1,915
22 years$5,475$4,325$3,384$2,625$2,021$1,700
23 years$5,182$4,045$3,124$2,391$1,815$1,511
24 years$4,913$3,790$2,890$2,180$1,631$1,345
25 years$4,666$3,557$2,676$1,991$1,468$1,199
26 years$4,439$3,343$2,482$1,821$1,322$1,069
27 years$4,229$3,146$2,305$1,666$1,192$954
28 years$4,034$2,965$2,143$1,527$1,075$852
29 years$3,853$2,797$1,994$1,400$971$761
30 years$3,684$2,641$1,857$1,285$877$681
31 years$3,527$2,497$1,732$1,180$793$609
32 years$3,380$2,363$1,616$1,085$718$545
33 years$3,241$2,237$1,508$997$649$488
34 years$3,112$2,121$1,409$918$588$437
35 years$2,990$2,011$1,318$845$533$392
36 years$2,875$1,909$1,233$778$483$351
37 years$2,766$1,813$1,154$717$437$315
38 years$2,664$1,723$1,080$661$396$282
39 years$2,567$1,639$1,012$609$360$253
40 years$2,475$1,559$949$562$326$227
41 years$2,387$1,484$890$518$296$204
42 years$2,304$1,413$835$478$268$183
43 years$2,226$1,347$783$442$244$164
44 years$2,151$1,284$735$408$221$147
45 years$2,079$1,224$690$377$201$132
46 years$2,011$1,168$648$348$182$119
47 years$1,946$1,114$609$321$166$107
48 years$1,884$1,064$572$297$150$96
49 years$1,824$1,016$538$274$137$86
50 years$1,767$970$506$254$124$77

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 $5,609 every year, while hoping to spend $58,289 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$1,810,000$1,810,000$1,810,000$1,810,000
51$2,000,406$1,904,476$1,876,421$2,132,021
52$2,142,428$1,935,776$1,877,262$2,251,653
53$2,296,983$1,966,656$1,876,177$2,375,060
54$2,465,288$1,997,035$1,873,042$2,508,650
55$2,648,680$2,026,823$1,867,722$2,653,421
56$2,848,635$2,055,927$1,860,080$2,810,471
57$3,066,774$2,084,245$1,849,971$2,981,013
58$3,304,882$2,111,670$1,837,241$3,166,383
59$3,564,923$2,138,085$1,821,732$3,368,053
60$3,849,061$2,163,367$1,803,277$3,587,645
61$4,159,678$2,187,385$1,781,699$3,826,948
62$4,499,395$2,209,996$1,756,815$4,087,933
63$4,871,099$2,231,052$1,728,435$4,372,773
64$5,277,969$2,250,391$1,696,355$4,683,863
65$5,723,505$2,267,844$1,660,367$5,023,843
66$6,211,563$2,283,228$1,620,249$5,395,624
67$6,746,386$2,296,351$1,575,771$5,802,413
68$7,332,651$2,307,005$1,526,692$6,247,747
69$7,975,505$2,314,972$1,472,761$6,735,524
70$8,680,621$2,320,021$1,413,713$7,270,041
71$9,454,245$2,321,902$1,349,273$7,856,034
72$10,303,257$2,320,354$1,279,152$8,498,725
73$11,235,235$2,315,097$1,203,050$9,203,868
74$12,258,528$2,305,836$1,120,651$9,977,809
75$13,382,332$2,292,256$1,031,626$10,827,541
76$14,616,776$2,274,023$935,633$11,760,773
77$15,973,022$2,250,785$832,311$12,786,002
78$17,463,363$2,222,166$721,286$13,912,596
79$19,101,343$2,187,770$602,167$15,150,879
80$20,901,884$2,147,174$474,543$16,512,234
81$22,881,424$2,099,934$337,988$18,009,206
82$25,058,076$2,045,576$192,057$19,655,623
83$27,451,792$1,983,602$36,283$21,466,729
84$30,084,557$1,913,481$0$23,459,326
85$32,980,594$1,834,654$0$25,675,505
86$36,166,591$1,746,528$0$28,120,663
87$39,671,951$1,648,476$0$30,810,809
88$43,529,074$1,539,835$0$33,770,845
89$47,773,657$1,419,904$0$37,028,211
90$52,445,032$1,287,942$0$40,613,146
91$57,586,539$1,143,165$0$44,558,976
92$63,245,932$984,746$0$48,902,424
93$69,475,828$811,809$0$53,683,960
94$76,334,206$623,431$0$58,948,181
95$83,884,952$418,636$0$64,744,235
96$92,198,460$196,392$0$71,126,284
97$101,352,299$0$0$78,154,016
98$111,431,942$0$0$85,899,555
99$122,531,573$0$0$94,459,950
100$134,754,974$0$0$103,887,163