Can I retire at age 51 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$152,771$151,410$150,083$148,787$147,522$145,860
2 years$75,629$74,221$72,856$71,532$70,248$68,575
3 years$49,919$48,504$47,142$45,831$44,568$42,936
4 years$37,066$35,656$34,308$33,019$31,787$30,208
5 years$29,356$27,954$26,624$25,362$24,164$22,643
6 years$24,218$22,827$21,516$20,282$19,120$17,659
7 years$20,550$19,170$17,880$16,675$15,550$14,149
8 years$17,799$16,432$15,164$13,988$12,900$11,560
9 years$15,661$14,307$13,061$11,915$10,864$9,583
10 years$13,952$12,611$11,386$10,271$9,256$8,035
11 years$12,554$11,227$10,024$8,939$7,961$6,797
12 years$11,391$10,077$8,896$7,840$6,899$5,792
13 years$10,407$9,106$7,948$6,922$6,016$4,964
14 years$9,564$8,277$7,142$6,144$5,273$4,276
15 years$8,834$7,562$6,448$5,480$4,643$3,698
16 years$8,196$6,938$5,846$4,907$4,104$3,209
17 years$7,634$6,389$5,320$4,408$3,638$2,793
18 years$7,135$5,904$4,856$3,973$3,235$2,437
19 years$6,689$5,472$4,446$3,590$2,884$2,130
20 years$6,288$5,085$4,080$3,251$2,576$1,866
21 years$5,925$4,736$3,753$2,951$2,305$1,637
22 years$5,596$4,421$3,459$2,683$2,066$1,438
23 years$5,296$4,135$3,194$2,443$1,855$1,265
24 years$5,022$3,874$2,953$2,229$1,667$1,114
25 years$4,770$3,636$2,736$2,035$1,500$982
26 years$4,537$3,417$2,537$1,861$1,351$866
27 years$4,322$3,216$2,356$1,703$1,218$764
28 years$4,123$3,030$2,190$1,561$1,099$675
29 years$3,938$2,859$2,038$1,431$993$597
30 years$3,766$2,700$1,898$1,313$897$527
31 years$3,605$2,552$1,770$1,206$811$467
32 years$3,454$2,415$1,651$1,109$733$413
33 years$3,313$2,287$1,542$1,019$664$365
34 years$3,180$2,167$1,441$938$601$323
35 years$3,056$2,056$1,347$863$544$286
36 years$2,938$1,951$1,260$795$493$254
37 years$2,827$1,853$1,179$733$447$225
38 years$2,722$1,761$1,104$675$405$199
39 years$2,623$1,675$1,035$623$367$177
40 years$2,529$1,593$970$574$333$156
41 years$2,440$1,517$909$530$302$139
42 years$2,355$1,444$853$489$274$123
43 years$2,275$1,376$800$451$249$109
44 years$2,198$1,312$751$417$226$97
45 years$2,125$1,251$705$385$205$86
46 years$2,055$1,193$663$356$186$76
47 years$1,989$1,139$622$329$169$67
48 years$1,925$1,087$585$304$154$60
49 years$1,864$1,038$550$281$140$53
50 years$1,806$992$517$259$127$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,850,000, adding $5,151 every year, while hoping to spend $41,713 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: 45/41/14 Blend
50$1,850,000$1,850,000$1,850,000$1,850,000
51$2,044,013$1,945,963$1,917,288$2,127,602
52$2,208,120$1,996,933$1,937,135$2,237,289
53$2,387,568$2,049,003$1,956,249$2,351,536
54$2,583,878$2,102,181$1,974,561$2,474,509
55$2,798,723$2,156,478$1,991,999$2,607,032
56$3,033,949$2,211,901$2,008,486$2,750,011
57$3,291,585$2,268,457$2,023,943$2,904,445
58$3,573,867$2,326,152$2,038,286$3,071,433
59$3,883,258$2,384,990$2,051,425$3,252,186
60$4,222,469$2,444,974$2,063,267$3,448,036
61$4,594,489$2,506,106$2,073,714$3,660,451
62$5,002,606$2,568,384$2,082,663$3,891,047
63$5,450,445$2,631,808$2,090,006$4,141,606
64$5,941,997$2,696,374$2,095,628$4,414,088
65$6,481,659$2,762,074$2,099,410$4,710,654
66$7,074,275$2,828,902$2,101,226$5,033,684
67$7,725,179$2,896,846$2,100,945$5,385,801
68$8,440,248$2,965,893$2,098,428$5,769,894
69$9,225,959$3,036,027$2,093,531$6,189,146
70$10,089,444$3,107,229$2,086,101$6,647,063
71$11,038,560$3,179,477$2,075,979$7,147,512
72$12,081,967$3,252,745$2,062,997$7,694,748
73$13,229,201$3,327,003$2,046,981$8,293,466
74$14,490,772$3,402,218$2,027,747$8,948,835
75$15,878,257$3,478,353$2,005,103$9,666,553
76$17,404,412$3,555,366$1,978,847$10,452,898
77$19,083,293$3,633,209$1,948,769$11,314,791
78$20,930,383$3,711,831$1,914,647$12,259,855
79$22,962,746$3,791,174$1,876,251$13,296,494
80$25,199,179$3,871,175$1,833,339$14,433,968
81$27,660,397$3,951,764$1,785,658$15,682,483
82$30,369,223$4,032,866$1,732,943$17,053,286
83$33,350,804$4,114,397$1,674,917$18,558,773
84$36,632,850$4,196,266$1,611,290$20,212,603
85$40,245,893$4,278,375$1,541,760$22,029,831
86$44,223,575$4,360,617$1,466,011$24,027,051
87$48,602,969$4,442,876$1,383,711$26,222,546
88$53,424,921$4,525,026$1,294,514$28,636,471
89$58,734,442$4,606,932$1,198,060$31,291,035
90$64,581,130$4,688,446$1,093,970$34,210,716
91$71,019,637$4,769,412$981,850$37,422,493
92$78,110,186$4,849,659$861,287$40,956,097
93$85,919,136$4,929,004$731,852$44,844,295
94$94,519,614$5,007,251$593,095$49,123,200
95$103,992,197$5,084,189$444,547$53,832,615
96$114,425,679$5,159,591$285,716$59,016,402
97$125,917,903$5,233,217$116,093$64,722,905
98$138,576,690$5,304,805$0$71,005,404
99$152,520,851$5,374,078$0$77,932,316
100$167,881,310$5,440,741$0$85,577,794