Can I retire at age 51 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$151,120$149,774$148,460$147,178$145,927$141,767
2 years$74,812$73,418$72,068$70,759$69,489$65,330
3 years$49,379$47,980$46,633$45,336$44,087$40,060
4 years$36,665$35,270$33,937$32,662$31,443$27,578
5 years$29,039$27,652$26,336$25,088$23,902$20,211
6 years$23,956$22,580$21,284$20,063$18,913$15,398
7 years$20,327$18,963$17,687$16,495$15,381$12,043
8 years$17,607$16,255$15,000$13,837$12,760$9,596
9 years$15,492$14,153$12,919$11,786$10,746$7,753
10 years$13,801$12,475$11,263$10,160$9,156$6,331
11 years$12,419$11,106$9,916$8,842$7,875$5,212
12 years$11,267$9,968$8,800$7,756$6,824$4,319
13 years$10,294$9,008$7,862$6,847$5,951$3,598
14 years$9,460$8,188$7,064$6,078$5,216$3,010
15 years$8,739$7,480$6,378$5,421$4,593$2,527
16 years$8,108$6,863$5,783$4,853$4,059$2,127
17 years$7,551$6,320$5,262$4,361$3,599$1,795
18 years$7,058$5,840$4,804$3,930$3,200$1,518
19 years$6,616$5,413$4,398$3,551$2,852$1,285
20 years$6,220$5,030$4,036$3,216$2,548$1,090
21 years$5,861$4,685$3,712$2,919$2,280$926
22 years$5,536$4,373$3,421$2,654$2,044$787
23 years$5,239$4,090$3,159$2,417$1,835$669
24 years$4,967$3,832$2,922$2,204$1,649$570
25 years$4,718$3,596$2,706$2,013$1,484$485
26 years$4,488$3,380$2,510$1,841$1,337$414
27 years$4,276$3,181$2,330$1,685$1,205$353
28 years$4,079$2,997$2,166$1,544$1,087$301
29 years$3,896$2,828$2,016$1,416$982$257
30 years$3,725$2,670$1,878$1,299$887$219
31 years$3,566$2,524$1,751$1,193$802$187
32 years$3,417$2,389$1,633$1,097$726$160
33 years$3,277$2,262$1,525$1,008$657$136
34 years$3,146$2,144$1,425$928$594$116
35 years$3,023$2,034$1,332$854$538$99
36 years$2,906$1,930$1,246$787$488$85
37 years$2,797$1,833$1,167$725$442$73
38 years$2,693$1,742$1,092$668$401$62
39 years$2,595$1,657$1,023$616$364$53
40 years$2,502$1,576$959$568$330$45
41 years$2,414$1,500$899$524$299$39
42 years$2,330$1,429$844$484$271$33
43 years$2,250$1,361$792$447$246$28
44 years$2,174$1,298$743$412$224$24
45 years$2,102$1,237$698$381$203$21
46 years$2,033$1,181$655$352$184$18
47 years$1,967$1,127$616$325$167$15
48 years$1,904$1,075$579$300$152$13
49 years$1,844$1,027$544$278$138$11
50 years$1,787$981$511$257$125$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,830,000, adding $6,673 every year, while hoping to spend $21,113 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: 82/9/9 Blend
50$1,830,000$1,830,000$1,830,000$1,830,000
51$2,023,543$1,926,553$1,898,188$2,186,374
52$2,207,481$1,998,490$1,939,313$2,365,876
53$2,409,472$2,073,245$1,981,109$2,559,413
54$2,631,336$2,150,932$2,023,574$2,771,250
55$2,875,078$2,231,673$2,066,710$3,003,208
56$3,142,905$2,315,594$2,110,513$3,257,295
57$3,437,249$2,402,826$2,154,983$3,535,721
58$3,760,790$2,493,506$2,200,117$3,840,920
59$4,116,480$2,587,777$2,245,910$4,175,573
60$4,507,571$2,685,788$2,292,358$4,542,632
61$4,937,646$2,787,695$2,339,455$4,945,349
62$5,410,654$2,893,659$2,387,194$5,387,308
63$5,930,943$3,003,851$2,435,568$5,872,453
64$6,503,307$3,118,447$2,484,567$6,405,131
65$7,133,025$3,237,632$2,534,180$6,990,129
66$7,825,915$3,361,598$2,584,397$7,632,724
67$8,588,387$3,490,545$2,635,204$8,338,724
68$9,427,505$3,624,684$2,686,586$9,114,530
69$10,351,051$3,764,234$2,738,527$9,967,195
70$11,367,600$3,909,423$2,791,009$10,904,487
71$12,486,600$4,060,490$2,844,012$11,934,965
72$13,718,462$4,217,683$2,897,516$13,068,059
73$15,074,659$4,381,263$2,951,496$14,314,157
74$16,567,830$4,551,501$3,005,927$15,684,705
75$18,211,905$4,728,681$3,060,782$17,192,314
76$20,022,231$4,913,098$3,116,030$18,850,879
77$22,015,722$5,105,062$3,171,640$20,675,708
78$24,211,011$5,304,896$3,227,576$22,683,668
79$26,628,636$5,512,938$3,283,801$24,893,346
80$29,291,223$5,729,538$3,340,274$27,325,217
81$32,223,708$5,955,065$3,396,954$30,001,845
82$35,453,566$6,189,904$3,453,792$32,948,091
83$39,011,076$6,434,456$3,510,741$36,191,348
84$42,929,602$6,689,140$3,567,746$39,761,800
85$47,245,908$6,954,394$3,624,752$43,692,706
86$52,000,508$7,230,677$3,681,699$48,020,712
87$57,238,046$7,518,466$3,738,522$52,786,202
88$63,007,718$7,818,262$3,795,153$58,033,670
89$69,363,735$8,130,587$3,851,521$63,812,148
90$76,365,836$8,455,986$3,907,548$70,175,662
91$84,079,853$8,795,031$3,963,151$77,183,747
92$92,578,327$9,148,316$4,018,246$84,902,002
93$101,941,199$9,516,466$4,072,740$93,402,716
94$112,256,560$9,900,132$4,126,536$102,765,545
95$123,621,485$10,299,994$4,179,530$113,078,263
96$136,142,947$10,716,765$4,231,615$124,437,593
97$149,938,828$11,151,187$4,282,675$136,950,119
98$165,139,032$11,604,039$4,332,588$150,733,288
99$181,886,710$12,076,133$4,381,227$165,916,522
100$200,339,612$12,568,320$4,428,455$182,642,439