Can I retire at age 51 with 1,860,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,860,000?

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$153,597$152,229$150,894$149,591$148,319$144,557
2 years$76,038$74,622$73,250$71,919$70,628$66,863
3 years$50,189$48,766$47,397$46,079$44,809$41,158
4 years$37,266$35,848$34,493$33,197$31,958$28,449
5 years$29,515$28,106$26,768$25,499$24,294$20,937
6 years$24,349$22,950$21,633$20,392$19,223$16,021
7 years$20,661$19,274$17,977$16,765$15,634$12,587
8 years$17,896$16,521$15,246$14,064$12,970$10,077
9 years$15,746$14,385$13,131$11,979$10,922$8,181
10 years$14,027$12,679$11,448$10,326$9,306$6,714
11 years$12,622$11,288$10,079$8,987$8,004$5,556
12 years$11,452$10,131$8,945$7,883$6,936$4,628
13 years$10,463$9,156$7,991$6,959$6,048$3,876
14 years$9,615$8,322$7,180$6,178$5,302$3,260
15 years$8,882$7,602$6,483$5,509$4,668$2,752
16 years$8,241$6,975$5,878$4,933$4,126$2,331
17 years$7,675$6,424$5,348$4,432$3,658$1,978
18 years$7,173$5,936$4,882$3,994$3,253$1,683
19 years$6,725$5,501$4,470$3,609$2,899$1,434
20 years$6,322$5,112$4,102$3,269$2,590$1,223
21 years$5,957$4,762$3,773$2,967$2,317$1,045
22 years$5,626$4,445$3,477$2,697$2,077$894
23 years$5,325$4,157$3,211$2,457$1,865$765
24 years$5,049$3,895$2,969$2,241$1,676$656
25 years$4,795$3,655$2,750$2,046$1,508$562
26 years$4,562$3,435$2,551$1,871$1,358$482
27 years$4,346$3,233$2,369$1,713$1,225$414
28 years$4,146$3,047$2,202$1,569$1,105$355
29 years$3,959$2,874$2,049$1,439$998$305
30 years$3,786$2,714$1,909$1,321$902$262
31 years$3,624$2,566$1,779$1,213$815$225
32 years$3,473$2,428$1,660$1,115$737$193
33 years$3,331$2,299$1,550$1,025$667$166
34 years$3,198$2,179$1,448$943$604$143
35 years$3,072$2,067$1,354$868$547$123
36 years$2,954$1,962$1,267$800$496$106
37 years$2,843$1,863$1,186$737$449$91
38 years$2,737$1,771$1,110$679$407$78
39 years$2,637$1,684$1,040$626$369$67
40 years$2,543$1,602$975$577$335$58
41 years$2,453$1,525$914$533$304$50
42 years$2,368$1,452$858$492$276$43
43 years$2,287$1,384$805$454$250$37
44 years$2,210$1,319$755$419$227$32
45 years$2,136$1,258$709$387$206$27
46 years$2,066$1,200$666$358$187$23
47 years$2,000$1,145$626$330$170$20
48 years$1,936$1,093$588$305$154$17
49 years$1,874$1,044$553$282$140$15
50 years$1,816$997$520$261$127$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,860,000, adding $3,374 every year, while hoping to spend $38,964 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: 64/20/16 Blend
50$1,860,000$1,860,000$1,860,000$1,860,000
51$2,053,200$1,954,620$1,925,790$2,176,329
52$2,221,169$2,008,939$1,948,847$2,313,618
53$2,404,965$2,064,614$1,971,370$2,458,756
54$2,606,161$2,121,670$1,993,300$2,616,360
55$2,826,490$2,180,132$2,014,576$2,787,649
56$3,067,859$2,240,025$2,035,131$2,973,961
57$3,332,369$2,301,375$2,054,897$3,176,774
58$3,622,334$2,364,206$2,073,800$3,397,711
59$3,940,303$2,428,543$2,091,762$3,638,562
60$4,289,082$2,494,409$2,108,704$3,901,300
61$4,671,763$2,561,830$2,124,540$4,188,095
62$5,091,751$2,630,827$2,139,181$4,501,340
63$5,552,796$2,701,425$2,152,530$4,843,668
64$6,059,032$2,773,645$2,164,491$5,217,983
65$6,615,009$2,847,510$2,174,957$5,627,483
66$7,225,741$2,923,039$2,183,819$6,075,689
67$7,896,752$3,000,253$2,190,962$6,566,482
68$8,634,127$3,079,171$2,196,265$7,104,139
69$9,444,568$3,159,812$2,199,601$7,693,370
70$10,335,463$3,242,191$2,200,836$8,339,365
71$11,314,946$3,326,324$2,199,830$9,047,843
72$12,391,983$3,412,226$2,196,437$9,825,106
73$13,576,449$3,499,909$2,190,501$10,678,096
74$14,879,225$3,589,383$2,181,862$11,614,463
75$16,312,302$3,680,659$2,170,349$12,642,637
76$17,888,887$3,773,741$2,155,786$13,771,906
77$19,623,534$3,868,636$2,137,987$15,012,505
78$21,532,281$3,965,345$2,116,755$16,375,712
79$23,632,794$4,063,867$2,091,887$17,873,955
80$25,944,543$4,164,200$2,063,169$19,520,929
81$28,488,978$4,266,338$2,030,377$21,331,724
82$31,289,735$4,370,270$1,993,276$23,322,971
83$34,372,858$4,475,984$1,951,621$25,512,993
84$37,767,044$4,583,462$1,905,155$27,921,985
85$41,503,915$4,692,683$1,853,609$30,572,199
86$45,618,312$4,803,622$1,796,703$33,488,158
87$50,148,628$4,916,248$1,734,141$36,696,885
88$55,137,171$5,030,527$1,665,617$40,228,160
89$60,630,556$5,146,416$1,590,809$44,114,799
90$66,680,152$5,263,871$1,509,381$48,392,966
91$73,342,564$5,382,836$1,420,982$53,102,514
92$80,680,164$5,503,254$1,325,243$58,287,362
93$88,761,684$5,625,057$1,221,782$63,995,905
94$97,662,862$5,748,171$1,110,198$70,281,480
95$107,467,156$5,872,513$990,071$77,202,862
96$118,266,532$5,997,992$860,965$84,824,821
97$130,162,333$6,124,509$722,422$93,218,736
98$143,266,233$6,251,951$573,965$102,463,268
99$157,701,292$6,380,200$415,096$112,645,100
100$173,603,117$6,509,123$245,295$123,859,760