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%16.2%
1 years$151,120$149,774$148,460$147,178$145,927$142,226
2 years$74,812$73,418$72,068$70,759$69,489$65,784
3 years$49,379$47,980$46,633$45,336$44,087$40,494
4 years$36,665$35,270$33,937$32,662$31,443$27,990
5 years$29,039$27,652$26,336$25,088$23,902$20,599
6 years$23,956$22,580$21,284$20,063$18,913$15,763
7 years$20,327$18,963$17,687$16,495$15,381$12,384
8 years$17,607$16,255$15,000$13,837$12,760$9,915
9 years$15,492$14,153$12,919$11,786$10,746$8,049
10 years$13,801$12,475$11,263$10,160$9,156$6,606
11 years$12,419$11,106$9,916$8,842$7,875$5,466
12 years$11,267$9,968$8,800$7,756$6,824$4,553
13 years$10,294$9,008$7,862$6,847$5,951$3,814
14 years$9,460$8,188$7,064$6,078$5,216$3,208
15 years$8,739$7,480$6,378$5,421$4,593$2,708
16 years$8,108$6,863$5,783$4,853$4,059$2,293
17 years$7,551$6,320$5,262$4,361$3,599$1,946
18 years$7,058$5,840$4,804$3,930$3,200$1,655
19 years$6,616$5,413$4,398$3,551$2,852$1,411
20 years$6,220$5,030$4,036$3,216$2,548$1,204
21 years$5,861$4,685$3,712$2,919$2,280$1,028
22 years$5,536$4,373$3,421$2,654$2,044$879
23 years$5,239$4,090$3,159$2,417$1,835$753
24 years$4,967$3,832$2,922$2,204$1,649$645
25 years$4,718$3,596$2,706$2,013$1,484$553
26 years$4,488$3,380$2,510$1,841$1,337$474
27 years$4,276$3,181$2,330$1,685$1,205$407
28 years$4,079$2,997$2,166$1,544$1,087$349
29 years$3,896$2,828$2,016$1,416$982$300
30 years$3,725$2,670$1,878$1,299$887$258
31 years$3,566$2,524$1,751$1,193$802$221
32 years$3,417$2,389$1,633$1,097$726$190
33 years$3,277$2,262$1,525$1,008$657$164
34 years$3,146$2,144$1,425$928$594$141
35 years$3,023$2,034$1,332$854$538$121
36 years$2,906$1,930$1,246$787$488$104
37 years$2,797$1,833$1,167$725$442$89
38 years$2,693$1,742$1,092$668$401$77
39 years$2,595$1,657$1,023$616$364$66
40 years$2,502$1,576$959$568$330$57
41 years$2,414$1,500$899$524$299$49
42 years$2,330$1,429$844$484$271$42
43 years$2,250$1,361$792$447$246$36
44 years$2,174$1,298$743$412$224$31
45 years$2,102$1,237$698$381$203$27
46 years$2,033$1,181$655$352$184$23
47 years$1,967$1,127$616$325$167$20
48 years$1,904$1,075$579$300$152$17
49 years$1,844$1,027$544$278$138$15
50 years$1,787$981$511$257$125$13

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 $4,329 every year, while hoping to spend $56,823 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: 46/38/16 Blend
50$1,830,000$1,830,000$1,830,000$1,830,000
51$2,021,125$1,924,135$1,895,770$2,104,716
52$2,166,821$1,957,959$1,898,819$2,197,162
53$2,325,473$1,991,535$1,900,066$2,291,311
54$2,498,343$2,024,792$1,899,390$2,392,227
55$2,686,820$2,057,652$1,896,665$2,500,561
56$2,892,430$2,090,033$1,891,759$2,617,034
57$3,116,858$2,121,844$1,884,532$2,742,439
58$3,361,953$2,152,989$1,874,839$2,877,652
59$3,629,753$2,183,367$1,862,528$3,023,642
60$3,922,503$2,212,868$1,847,438$3,181,475
61$4,242,673$2,241,373$1,829,402$3,352,328
62$4,592,982$2,268,757$1,808,243$3,537,503
63$4,976,427$2,294,885$1,783,779$3,738,432
64$5,396,303$2,319,616$1,755,817$3,956,700
65$5,856,244$2,342,795$1,724,155$4,194,053
66$6,360,248$2,364,260$1,688,582$4,452,419
67$6,912,722$2,383,836$1,648,877$4,733,926
68$7,518,514$2,401,339$1,604,809$5,040,919
69$8,182,970$2,416,572$1,556,138$5,375,990
70$8,911,973$2,429,324$1,502,609$5,741,997
71$9,712,007$2,439,373$1,443,958$6,142,094
72$10,590,210$2,446,482$1,379,910$6,579,759
73$11,554,450$2,450,397$1,310,175$7,058,831
74$12,613,388$2,450,852$1,234,450$7,583,547
75$13,776,571$2,447,560$1,152,422$8,158,578
76$15,054,512$2,440,221$1,063,758$8,789,081
77$16,458,794$2,428,514$968,116$9,480,741
78$18,002,177$2,412,097$865,134$10,239,833
79$19,698,720$2,390,611$754,437$11,073,277
80$21,563,910$2,363,672$635,631$11,988,707
81$23,614,811$2,330,874$508,307$12,994,544
82$25,870,223$2,291,788$372,036$14,100,075
83$28,350,858$2,245,957$226,371$15,315,544
84$31,079,536$2,192,900$70,846$16,652,252
85$34,081,402$2,132,105$0$18,122,659
86$37,384,158$2,063,032$0$19,756,750
87$41,018,329$1,985,107$0$21,567,405
88$45,017,546$1,897,724$0$23,559,323
89$49,418,867$1,800,244$0$25,751,033
90$54,263,122$1,691,987$0$28,162,963
91$59,595,303$1,572,237$0$30,817,633
92$65,464,983$1,440,236$0$33,739,870
93$71,926,785$1,295,181$0$36,957,043
94$79,040,899$1,136,227$0$40,499,326
95$86,873,646$962,477$0$44,399,980
96$95,498,107$772,988$0$48,695,675
97$104,994,808$566,758$0$53,426,831
98$115,452,483$342,734$0$58,638,009
99$126,968,910$99,801$0$64,378,329
100$139,651,831$0$0$70,701,938