Can I retire at age 51 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$154,423$153,047$151,705$150,395$149,116$146,285
2 years$76,447$75,023$73,643$72,306$71,008$68,166
3 years$50,458$49,028$47,652$46,327$45,050$42,287
4 years$37,467$36,041$34,679$33,376$32,130$29,467
5 years$29,674$28,257$26,912$25,636$24,425$21,869
6 years$24,480$23,074$21,749$20,501$19,327$16,881
7 years$20,772$19,377$18,073$16,855$15,718$13,383
8 years$17,992$16,610$15,328$14,139$13,039$10,814
9 years$15,831$14,462$13,202$12,044$10,981$8,865
10 years$14,103$12,747$11,510$10,382$9,356$7,347
11 years$12,690$11,348$10,133$9,035$8,047$6,142
12 years$11,514$10,186$8,993$7,925$6,973$5,170
13 years$10,519$9,205$8,034$6,997$6,081$4,376
14 years$9,667$8,367$7,219$6,211$5,330$3,722
15 years$8,930$7,643$6,518$5,539$4,693$3,177
16 years$8,285$7,013$5,909$4,960$4,148$2,721
17 years$7,716$6,458$5,377$4,456$3,678$2,336
18 years$7,212$5,968$4,909$4,016$3,270$2,010
19 years$6,761$5,531$4,494$3,629$2,915$1,734
20 years$6,356$5,140$4,124$3,286$2,604$1,497
21 years$5,989$4,787$3,793$2,983$2,330$1,295
22 years$5,657$4,469$3,496$2,712$2,088$1,121
23 years$5,354$4,180$3,228$2,470$1,875$972
24 years$5,076$3,916$2,985$2,253$1,685$843
25 years$4,821$3,675$2,765$2,057$1,516$732
26 years$4,586$3,454$2,564$1,881$1,366$636
27 years$4,369$3,251$2,381$1,722$1,231$553
28 years$4,168$3,063$2,214$1,577$1,111$481
29 years$3,981$2,890$2,060$1,447$1,003$418
30 years$3,807$2,729$1,919$1,328$907$364
31 years$3,644$2,580$1,789$1,219$820$317
32 years$3,492$2,441$1,669$1,121$741$276
33 years$3,349$2,312$1,558$1,030$671$241
34 years$3,215$2,191$1,456$948$607$210
35 years$3,089$2,078$1,361$873$550$183
36 years$2,970$1,972$1,274$804$499$159
37 years$2,858$1,873$1,192$741$452$139
38 years$2,752$1,780$1,116$683$410$121
39 years$2,652$1,693$1,046$629$371$106
40 years$2,557$1,611$980$581$337$92
41 years$2,466$1,533$919$536$306$80
42 years$2,381$1,460$862$494$277$70
43 years$2,299$1,391$809$456$252$61
44 years$2,222$1,326$759$421$228$53
45 years$2,148$1,265$713$389$207$46
46 years$2,078$1,206$670$359$188$41
47 years$2,010$1,151$629$332$171$35
48 years$1,946$1,099$591$307$155$31
49 years$1,885$1,049$556$284$141$27
50 years$1,826$1,002$523$262$128$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,870,000, adding $4,746 every year, while hoping to spend $33,439 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: 47/47/6 Blend
50$1,870,000$1,870,000$1,870,000$1,870,000
51$2,065,635$1,966,525$1,937,540$2,159,221
52$2,240,751$2,027,306$1,966,869$2,284,660
53$2,432,609$2,089,945$1,996,060$2,416,805
54$2,642,879$2,154,497$2,025,072$2,559,422
55$2,873,405$2,221,019$2,053,864$2,713,490
56$3,126,214$2,289,571$2,082,390$2,880,087
57$3,403,541$2,360,213$2,110,604$3,060,396
58$3,707,846$2,433,008$2,138,453$3,255,721
59$4,041,841$2,508,020$2,165,886$3,467,493
60$4,408,511$2,585,315$2,192,845$3,697,288
61$4,811,145$2,664,961$2,219,271$3,946,839
62$5,253,366$2,747,028$2,245,101$4,218,055
63$5,739,165$2,831,588$2,270,268$4,513,032
64$6,272,939$2,918,715$2,294,701$4,834,082
65$6,859,532$3,008,486$2,318,327$5,183,745
66$7,504,281$3,100,978$2,341,067$5,564,820
67$8,213,064$3,196,272$2,362,839$5,980,386
68$8,992,358$3,294,450$2,383,555$6,433,834
69$9,849,299$3,395,599$2,403,125$6,928,895
70$10,791,749$3,499,805$2,421,452$7,469,679
71$11,828,371$3,607,159$2,438,434$8,060,712
72$12,968,707$3,717,753$2,453,964$8,706,974
73$14,223,274$3,831,681$2,467,931$9,413,953
74$15,603,658$3,949,043$2,480,216$10,187,691
75$17,122,623$4,069,938$2,490,695$11,034,840
76$18,794,235$4,194,470$2,499,238$11,962,730
77$20,633,993$4,322,745$2,505,708$12,979,430
78$22,658,972$4,454,872$2,509,962$14,093,832
79$24,887,990$4,590,963$2,511,848$15,315,726
80$27,341,777$4,731,133$2,511,207$16,655,898
81$30,043,181$4,875,500$2,507,875$18,126,229
82$33,017,372$5,024,187$2,501,676$19,739,805
83$36,292,090$5,177,317$2,492,427$21,511,044
84$39,897,897$5,335,020$2,479,938$23,455,828
85$43,868,473$5,497,426$2,464,006$25,591,652
86$48,240,929$5,664,672$2,444,422$27,937,792
87$53,056,159$5,836,896$2,420,965$30,515,484
88$58,359,223$6,014,240$2,393,404$33,348,122
89$64,199,777$6,196,851$2,361,496$36,461,483
90$70,632,537$6,384,880$2,324,989$39,883,964
91$77,717,797$6,578,480$2,283,617$43,646,854
92$85,521,997$6,777,810$2,237,103$47,784,627
93$94,118,349$6,983,031$2,185,155$52,335,264
94$103,587,533$7,194,312$2,127,470$57,340,615
95$114,018,451$7,411,822$2,063,729$62,846,792
96$125,509,069$7,635,738$1,993,600$68,904,602
97$138,167,343$7,866,239$1,916,735$75,570,026
98$152,112,237$8,103,509$1,832,770$82,904,749
99$167,474,842$8,347,738$1,741,325$90,976,739
100$184,399,618$8,599,119$1,642,002$99,860,888