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%16.1%
1 years$151,120$149,774$148,460$147,178$145,927$142,284
2 years$74,812$73,418$72,068$70,759$69,489$65,842
3 years$49,379$47,980$46,633$45,336$44,087$40,549
4 years$36,665$35,270$33,937$32,662$31,443$28,042
5 years$29,039$27,652$26,336$25,088$23,902$20,648
6 years$23,956$22,580$21,284$20,063$18,913$15,809
7 years$20,327$18,963$17,687$16,495$15,381$12,427
8 years$17,607$16,255$15,000$13,837$12,760$9,955
9 years$15,492$14,153$12,919$11,786$10,746$8,087
10 years$13,801$12,475$11,263$10,160$9,156$6,641
11 years$12,419$11,106$9,916$8,842$7,875$5,499
12 years$11,267$9,968$8,800$7,756$6,824$4,584
13 years$10,294$9,008$7,862$6,847$5,951$3,841
14 years$9,460$8,188$7,064$6,078$5,216$3,234
15 years$8,739$7,480$6,378$5,421$4,593$2,732
16 years$8,108$6,863$5,783$4,853$4,059$2,315
17 years$7,551$6,320$5,262$4,361$3,599$1,966
18 years$7,058$5,840$4,804$3,930$3,200$1,673
19 years$6,616$5,413$4,398$3,551$2,852$1,427
20 years$6,220$5,030$4,036$3,216$2,548$1,219
21 years$5,861$4,685$3,712$2,919$2,280$1,042
22 years$5,536$4,373$3,421$2,654$2,044$892
23 years$5,239$4,090$3,159$2,417$1,835$764
24 years$4,967$3,832$2,922$2,204$1,649$655
25 years$4,718$3,596$2,706$2,013$1,484$562
26 years$4,488$3,380$2,510$1,841$1,337$482
27 years$4,276$3,181$2,330$1,685$1,205$414
28 years$4,079$2,997$2,166$1,544$1,087$356
29 years$3,896$2,828$2,016$1,416$982$306
30 years$3,725$2,670$1,878$1,299$887$263
31 years$3,566$2,524$1,751$1,193$802$226
32 years$3,417$2,389$1,633$1,097$726$195
33 years$3,277$2,262$1,525$1,008$657$167
34 years$3,146$2,144$1,425$928$594$144
35 years$3,023$2,034$1,332$854$538$124
36 years$2,906$1,930$1,246$787$488$107
37 years$2,797$1,833$1,167$725$442$92
38 years$2,693$1,742$1,092$668$401$79
39 years$2,595$1,657$1,023$616$364$68
40 years$2,502$1,576$959$568$330$59
41 years$2,414$1,500$899$524$299$50
42 years$2,330$1,429$844$484$271$43
43 years$2,250$1,361$792$447$246$37
44 years$2,174$1,298$743$412$224$32
45 years$2,102$1,237$698$381$203$28
46 years$2,033$1,181$655$352$184$24
47 years$1,967$1,127$616$325$167$21
48 years$1,904$1,075$579$300$152$18
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 $5,891 every year, while hoping to spend $52,729 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: 52/19/29 Blend
50$1,830,000$1,830,000$1,830,000$1,830,000
51$2,022,737$1,925,747$1,897,382$2,111,165
52$2,172,952$1,964,005$1,904,841$2,211,587
53$2,336,723$2,002,371$1,910,782$2,314,989
54$2,515,375$2,040,793$1,915,100$2,426,447
55$2,710,370$2,079,218$1,917,682$2,546,755
56$2,923,314$2,117,587$1,918,411$2,676,786
57$3,155,978$2,155,835$1,917,164$2,817,505
58$3,410,311$2,193,893$1,913,811$2,969,977
59$3,688,456$2,231,687$1,908,217$3,135,375
60$3,992,776$2,269,138$1,900,241$3,314,995
61$4,325,872$2,306,158$1,889,732$3,510,264
62$4,690,608$2,342,657$1,876,534$3,722,760
63$5,090,137$2,378,534$1,860,485$3,954,220
64$5,527,932$2,413,683$1,841,412$4,206,562
65$6,007,818$2,447,990$1,819,137$4,481,902
66$6,534,007$2,481,334$1,793,470$4,782,573
67$7,111,140$2,513,584$1,764,215$5,111,150
68$7,744,326$2,544,599$1,731,166$5,470,470
69$8,439,195$2,574,232$1,694,107$5,863,666
70$9,201,946$2,602,322$1,652,813$6,294,190
71$10,039,409$2,628,700$1,607,047$6,765,853
72$10,959,107$2,653,185$1,556,562$7,282,856
73$11,969,329$2,675,584$1,501,099$7,849,831
74$13,079,203$2,695,691$1,440,389$8,471,890
75$14,298,789$2,713,286$1,374,149$9,154,667
76$15,639,165$2,728,137$1,302,083$9,904,377
77$17,112,540$2,739,996$1,223,883$10,727,873
78$18,732,362$2,748,598$1,139,225$11,632,714
79$20,513,447$2,753,664$1,047,774$12,627,233
80$22,472,120$2,754,895$949,176$13,720,619
81$24,626,366$2,751,975$843,063$14,923,006
82$26,996,001$2,744,568$729,051$16,245,568
83$29,602,858$2,732,316$606,739$17,700,623
84$32,470,993$2,714,843$475,708$19,301,757
85$35,626,909$2,691,745$335,519$21,063,947
86$39,099,810$2,662,597$185,716$23,003,705
87$42,921,875$2,626,949$25,822$25,139,239
88$47,128,558$2,584,321$0$27,490,621
89$51,758,925$2,534,206$0$30,124,791
90$56,856,022$2,476,069$0$33,032,776
91$62,467,279$2,409,340$0$36,233,644
92$68,644,962$2,333,417$0$39,757,223
93$75,446,657$2,247,664$0$43,636,384
94$82,935,823$2,151,407$0$47,907,355
95$91,182,382$2,043,931$0$52,610,063
96$100,263,384$1,924,482$0$57,788,506
97$110,263,731$1,792,264$0$63,491,178
98$121,276,978$1,646,431$0$69,771,518
99$133,406,216$1,486,092$0$76,688,424
100$146,765,044$1,310,305$0$84,306,803