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%15.8%
1 years$152,771$151,410$150,083$148,787$147,522$144,014
2 years$75,629$74,221$72,856$71,532$70,248$66,735
3 years$49,919$48,504$47,142$45,831$44,568$41,159
4 years$37,066$35,656$34,308$33,019$31,787$28,507
5 years$29,356$27,954$26,624$25,362$24,164$21,024
6 years$24,218$22,827$21,516$20,282$19,120$16,123
7 years$20,550$19,170$17,880$16,675$15,550$12,696
8 years$17,799$16,432$15,164$13,988$12,900$10,188
9 years$15,661$14,307$13,061$11,915$10,864$8,291
10 years$13,952$12,611$11,386$10,271$9,256$6,821
11 years$12,554$11,227$10,024$8,939$7,961$5,659
12 years$11,391$10,077$8,896$7,840$6,899$4,726
13 years$10,407$9,106$7,948$6,922$6,016$3,969
14 years$9,564$8,277$7,142$6,144$5,273$3,348
15 years$8,834$7,562$6,448$5,480$4,643$2,834
16 years$8,196$6,938$5,846$4,907$4,104$2,406
17 years$7,634$6,389$5,320$4,408$3,638$2,049
18 years$7,135$5,904$4,856$3,973$3,235$1,748
19 years$6,689$5,472$4,446$3,590$2,884$1,494
20 years$6,288$5,085$4,080$3,251$2,576$1,278
21 years$5,925$4,736$3,753$2,951$2,305$1,095
22 years$5,596$4,421$3,459$2,683$2,066$940
23 years$5,296$4,135$3,194$2,443$1,855$807
24 years$5,022$3,874$2,953$2,229$1,667$694
25 years$4,770$3,636$2,736$2,035$1,500$596
26 years$4,537$3,417$2,537$1,861$1,351$513
27 years$4,322$3,216$2,356$1,703$1,218$442
28 years$4,123$3,030$2,190$1,561$1,099$381
29 years$3,938$2,859$2,038$1,431$993$328
30 years$3,766$2,700$1,898$1,313$897$283
31 years$3,605$2,552$1,770$1,206$811$244
32 years$3,454$2,415$1,651$1,109$733$210
33 years$3,313$2,287$1,542$1,019$664$181
34 years$3,180$2,167$1,441$938$601$156
35 years$3,056$2,056$1,347$863$544$135
36 years$2,938$1,951$1,260$795$493$116
37 years$2,827$1,853$1,179$733$447$100
38 years$2,722$1,761$1,104$675$405$87
39 years$2,623$1,675$1,035$623$367$75
40 years$2,529$1,593$970$574$333$65
41 years$2,440$1,517$909$530$302$56
42 years$2,355$1,444$853$489$274$48
43 years$2,275$1,376$800$451$249$42
44 years$2,198$1,312$751$417$226$36
45 years$2,125$1,251$705$385$205$31
46 years$2,055$1,193$663$356$186$27
47 years$1,989$1,139$622$329$169$23
48 years$1,925$1,087$585$304$154$20
49 years$1,864$1,038$550$281$140$17
50 years$1,806$992$517$259$127$15

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 $2,308 every year, while hoping to spend $40,940 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: 78/6/16 Blend
50$1,850,000$1,850,000$1,850,000$1,850,000
51$2,041,081$1,943,031$1,914,356$2,193,074
52$2,205,711$1,994,679$1,934,927$2,345,273
53$2,385,762$2,047,487$1,954,815$2,506,770
54$2,582,762$2,101,466$1,973,954$2,682,790
55$2,798,396$2,156,631$1,992,274$2,874,771
56$3,034,520$2,212,992$2,009,702$3,084,294
57$3,293,174$2,270,563$2,026,160$3,313,105
58$3,576,609$2,329,351$2,041,568$3,563,123
59$3,887,301$2,389,368$2,055,839$3,836,464
60$4,227,980$2,450,620$2,068,883$4,135,460
61$4,601,649$2,513,116$2,080,605$4,462,677
62$5,011,618$2,576,859$2,090,907$4,820,945
63$5,461,533$2,641,856$2,099,682$5,213,380
64$5,955,409$2,708,107$2,106,822$5,643,417
65$6,497,670$2,775,613$2,112,209$6,114,837
66$7,093,188$2,844,374$2,115,724$6,631,810
67$7,747,331$2,914,385$2,117,238$7,198,928
68$8,466,011$2,985,643$2,116,618$7,821,251
69$9,255,743$3,058,138$2,113,724$8,504,356
70$10,123,703$3,131,861$2,108,408$9,254,384
71$11,077,797$3,206,798$2,100,515$10,078,108
72$12,126,735$3,282,934$2,089,885$10,982,984
73$13,280,113$3,360,249$2,076,348$11,977,234
74$14,548,504$3,438,721$2,059,725$13,069,913
75$15,943,556$3,518,323$2,039,830$14,271,003
76$17,478,104$3,599,025$2,016,469$15,591,501
77$19,166,286$3,680,794$1,989,437$17,043,526
78$21,023,684$3,763,589$1,958,520$18,640,431
79$23,067,464$3,847,369$1,923,494$20,396,933
80$25,316,538$3,932,083$1,884,124$22,329,248
81$27,791,749$4,017,679$1,840,166$24,455,246
82$30,516,058$4,104,095$1,791,362$26,794,618
83$33,514,767$4,191,268$1,737,444$29,369,065
84$36,815,756$4,279,122$1,678,131$32,202,500
85$40,449,744$4,367,580$1,613,130$35,321,275
86$44,450,581$4,456,554$1,542,132$38,754,429
87$48,855,564$4,545,949$1,464,817$42,533,964
88$53,705,792$4,635,662$1,380,850$46,695,145
89$59,046,553$4,725,580$1,289,879$51,276,835
90$64,927,749$4,815,581$1,191,537$56,321,858
91$71,404,369$4,905,533$1,085,442$61,877,411
92$78,537,004$4,995,293$971,194$67,995,500
93$86,392,423$5,084,708$848,374$74,733,439
94$95,044,202$5,173,610$716,546$82,154,389
95$104,573,414$5,261,821$575,254$90,327,950
96$115,069,399$5,349,147$424,022$99,330,825
97$126,630,604$5,435,381$262,353$109,247,540
98$139,365,511$5,520,300$89,727$120,171,243
99$153,393,665$5,603,667$0$132,204,585
100$168,846,795$5,685,223$0$145,476,820