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%16.1%
1 years$149,468$148,137$146,838$145,570$144,332$140,729
2 years$73,994$72,616$71,280$69,986$68,729$65,122
3 years$48,839$47,455$46,123$44,840$43,605$40,106
4 years$36,265$34,885$33,566$32,305$31,099$27,736
5 years$28,722$27,350$26,048$24,813$23,641$20,423
6 years$23,695$22,333$21,051$19,843$18,706$15,636
7 years$20,105$18,756$17,494$16,314$15,213$12,292
8 years$17,414$16,077$14,836$13,686$12,621$9,846
9 years$15,323$13,998$12,778$11,657$10,629$7,999
10 years$13,650$12,338$11,140$10,049$9,056$6,568
11 years$12,283$10,984$9,808$8,745$7,789$5,439
12 years$11,144$9,859$8,704$7,671$6,749$4,534
13 years$10,182$8,909$7,777$6,772$5,886$3,799
14 years$9,357$8,098$6,987$6,012$5,159$3,198
15 years$8,643$7,398$6,309$5,361$4,543$2,702
16 years$8,019$6,788$5,720$4,800$4,015$2,289
17 years$7,469$6,251$5,205$4,313$3,560$1,945
18 years$6,980$5,776$4,751$3,887$3,165$1,655
19 years$6,544$5,353$4,349$3,512$2,821$1,411
20 years$6,152$4,975$3,992$3,181$2,520$1,205
21 years$5,797$4,634$3,672$2,887$2,255$1,031
22 years$5,475$4,325$3,384$2,625$2,021$882
23 years$5,182$4,045$3,124$2,391$1,815$756
24 years$4,913$3,790$2,890$2,180$1,631$648
25 years$4,666$3,557$2,676$1,991$1,468$556
26 years$4,439$3,343$2,482$1,821$1,322$477
27 years$4,229$3,146$2,305$1,666$1,192$410
28 years$4,034$2,965$2,143$1,527$1,075$352
29 years$3,853$2,797$1,994$1,400$971$303
30 years$3,684$2,641$1,857$1,285$877$260
31 years$3,527$2,497$1,732$1,180$793$224
32 years$3,380$2,363$1,616$1,085$718$192
33 years$3,241$2,237$1,508$997$649$166
34 years$3,112$2,121$1,409$918$588$142
35 years$2,990$2,011$1,318$845$533$123
36 years$2,875$1,909$1,233$778$483$106
37 years$2,766$1,813$1,154$717$437$91
38 years$2,664$1,723$1,080$661$396$78
39 years$2,567$1,639$1,012$609$360$67
40 years$2,475$1,559$949$562$326$58
41 years$2,387$1,484$890$518$296$50
42 years$2,304$1,413$835$478$268$43
43 years$2,226$1,347$783$442$244$37
44 years$2,151$1,284$735$408$221$32
45 years$2,079$1,224$690$377$201$27
46 years$2,011$1,168$648$348$182$24
47 years$1,946$1,114$609$321$166$20
48 years$1,884$1,064$572$297$150$18
49 years$1,824$1,016$538$274$137$15
50 years$1,767$970$506$254$124$13

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 $2,398 every year, while hoping to spend $32,926 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: 72/6/22 Blend
50$1,810,000$1,810,000$1,810,000$1,810,000
51$1,997,094$1,901,164$1,873,109$2,129,915
52$2,165,764$1,959,288$1,900,825$2,276,846
53$2,350,535$2,019,156$1,928,366$2,433,573
54$2,553,015$2,080,820$1,955,691$2,604,418
55$2,774,974$2,144,331$1,982,758$2,790,779
56$3,018,361$2,209,743$2,009,520$2,994,196
57$3,285,324$2,277,111$2,035,929$3,216,365
58$3,578,229$2,346,491$2,061,935$3,459,155
59$3,899,681$2,417,942$2,087,483$3,724,625
60$4,252,550$2,491,523$2,112,515$4,015,043
61$4,639,998$2,567,295$2,136,971$4,332,907
62$5,065,506$2,645,321$2,160,788$4,680,971
63$5,532,911$2,725,665$2,183,898$5,062,266
64$6,046,440$2,808,394$2,206,230$5,480,135
65$6,610,747$2,893,575$2,227,709$5,938,258
66$7,230,962$2,981,279$2,248,256$6,440,691
67$7,912,735$3,071,577$2,267,788$6,991,904
68$8,662,292$3,164,543$2,286,217$7,596,821
69$9,486,491$3,260,251$2,303,450$8,260,868
70$10,392,889$3,358,779$2,319,392$8,990,023
71$11,389,811$3,460,206$2,333,939$9,790,873
72$12,486,429$3,564,614$2,346,983$10,670,678
73$13,692,851$3,672,086$2,358,413$11,637,436
74$15,020,211$3,782,707$2,368,109$12,699,961
75$16,480,778$3,896,566$2,375,947$13,867,965
76$18,088,071$4,013,752$2,381,795$15,152,150
77$19,856,986$4,134,356$2,385,516$16,564,309
78$21,803,933$4,258,474$2,386,966$18,117,437
79$23,946,997$4,386,203$2,385,992$19,825,854
80$26,306,104$4,517,640$2,382,436$21,705,342
81$28,903,211$4,652,888$2,376,132$23,773,290
82$31,762,509$4,792,051$2,366,903$26,048,859
83$34,910,658$4,935,234$2,354,567$28,553,168
84$38,377,032$5,082,548$2,338,932$31,309,486
85$42,193,999$5,234,102$2,319,796$34,343,458
86$46,397,225$5,390,012$2,296,948$37,683,341
87$51,026,013$5,550,393$2,270,166$41,360,277
88$56,123,670$5,715,366$2,239,220$45,408,582
89$61,737,918$5,885,052$2,203,867$49,866,075
90$67,921,342$6,059,576$2,163,853$54,774,429
91$74,731,889$6,239,065$2,118,913$60,179,569
92$82,233,413$6,423,651$2,068,768$66,132,104
93$90,496,277$6,613,466$2,013,127$72,687,806
94$99,598,017$6,808,646$1,951,687$79,908,136
95$109,624,075$7,009,330$1,884,129$87,860,822
96$120,668,604$7,215,660$1,810,120$96,620,502
97$132,835,355$7,427,780$1,729,313$106,269,428
98$146,238,659$7,645,839$1,641,342$116,898,242
99$161,004,504$7,869,987$1,545,829$128,606,830
100$177,271,724$8,100,378$1,442,375$141,505,269