Can I retire at age 51 with 1,900,000?

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 $1,900,000?

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 years$156,900$155,503$154,139$152,808$151,509$147,786
2 years$77,673$76,227$74,825$73,465$72,147$68,419
3 years$51,268$49,815$48,417$47,070$45,773$42,157
4 years$38,068$36,619$35,235$33,911$32,646$29,169
5 years$30,150$28,710$27,344$26,047$24,817$21,489
6 years$24,873$23,444$22,098$20,830$19,637$16,462
7 years$21,105$19,688$18,363$17,126$15,970$12,948
8 years$18,280$16,876$15,574$14,366$13,249$10,378
9 years$16,085$14,694$13,414$12,237$11,157$8,436
10 years$14,329$12,952$11,694$10,548$9,506$6,931
11 years$12,894$11,530$10,295$9,180$8,176$5,743
12 years$11,698$10,349$9,137$8,052$7,085$4,790
13 years$10,688$9,353$8,163$7,109$6,178$4,017
14 years$9,822$8,501$7,335$6,310$5,416$3,384
15 years$9,073$7,766$6,622$5,628$4,769$2,861
16 years$8,418$7,125$6,004$5,039$4,214$2,426
17 years$7,840$6,562$5,463$4,528$3,737$2,062
18 years$7,328$6,064$4,987$4,080$3,323$1,756
19 years$6,869$5,620$4,566$3,687$2,962$1,499
20 years$6,457$5,222$4,190$3,339$2,645$1,281
21 years$6,085$4,864$3,854$3,031$2,367$1,096
22 years$5,747$4,540$3,552$2,755$2,122$939
23 years$5,439$4,247$3,280$2,509$1,905$805
24 years$5,157$3,979$3,033$2,289$1,712$691
25 years$4,898$3,734$2,809$2,090$1,541$593
26 years$4,660$3,509$2,606$1,911$1,388$509
27 years$4,439$3,303$2,420$1,749$1,251$438
28 years$4,235$3,112$2,249$1,603$1,129$377
29 years$4,045$2,936$2,093$1,470$1,019$324
30 years$3,868$2,773$1,950$1,349$921$279
31 years$3,702$2,621$1,818$1,239$833$240
32 years$3,548$2,480$1,696$1,139$753$206
33 years$3,403$2,349$1,583$1,047$682$178
34 years$3,266$2,226$1,479$963$617$153
35 years$3,138$2,111$1,383$887$559$132
36 years$3,018$2,004$1,294$817$507$114
37 years$2,904$1,903$1,211$752$459$98
38 years$2,796$1,809$1,134$694$416$84
39 years$2,694$1,720$1,063$640$377$73
40 years$2,598$1,636$996$590$342$63
41 years$2,506$1,558$934$544$311$54
42 years$2,419$1,484$876$502$282$46
43 years$2,336$1,414$822$464$256$40
44 years$2,257$1,347$772$428$232$35
45 years$2,182$1,285$725$395$211$30
46 years$2,111$1,226$681$365$191$26
47 years$2,043$1,170$639$337$174$22
48 years$1,977$1,117$601$312$158$19
49 years$1,915$1,066$565$288$143$16
50 years$1,855$1,019$531$266$130$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,900,000, adding $6,488 every year, while hoping to spend $57,619 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: 51/22/27 Blend
50$1,900,000$1,900,000$1,900,000$1,900,000
51$2,100,492$1,999,792$1,970,342$2,191,364
52$2,253,436$2,036,476$1,975,043$2,291,985
53$2,420,050$2,073,026$1,977,969$2,395,015
54$2,601,665$2,109,375$1,979,002$2,505,907
55$2,799,751$2,145,450$1,978,015$2,625,432
56$3,015,922$2,181,174$1,974,875$2,754,445
57$3,251,957$2,216,462$1,969,443$2,893,886
58$3,509,812$2,251,224$1,961,575$3,044,795
59$3,791,642$2,285,363$1,951,117$3,208,316
60$4,099,819$2,318,775$1,937,909$3,385,716
61$4,436,955$2,351,350$1,921,784$3,578,389
62$4,805,927$2,382,968$1,902,565$3,787,876
63$5,209,900$2,413,502$1,880,070$4,015,875
64$5,652,362$2,442,816$1,854,104$4,264,262
65$6,137,153$2,470,764$1,824,467$4,535,106
66$6,668,503$2,497,192$1,790,947$4,830,688
67$7,251,069$2,521,934$1,753,323$5,153,527
68$7,889,982$2,544,813$1,711,363$5,506,402
69$8,590,893$2,565,641$1,664,826$5,892,376
70$9,360,024$2,584,217$1,613,458$6,314,831
71$10,204,232$2,600,329$1,556,994$6,777,498
72$11,131,068$2,613,750$1,495,158$7,284,490
73$12,148,850$2,624,237$1,427,659$7,840,347
74$13,266,742$2,631,534$1,354,195$8,450,075
75$14,494,838$2,635,368$1,274,449$9,119,196
76$15,844,259$2,635,448$1,188,091$9,853,802
77$17,327,257$2,631,468$1,094,775$10,660,610
78$18,957,326$2,623,099$994,139$11,547,030
79$20,749,337$2,609,995$885,807$12,521,233
80$22,719,672$2,591,787$769,384$13,592,232
81$24,886,379$2,568,085$644,459$14,769,966
82$27,269,343$2,538,475$510,601$16,065,394
83$29,890,473$2,502,517$367,363$17,490,605
84$32,773,908$2,459,746$214,276$19,058,927
85$35,946,242$2,409,670$50,850$20,785,057
86$39,436,781$2,351,766$0$22,685,203
87$43,277,812$2,285,481$0$24,812,828
88$47,504,909$2,210,231$0$27,169,990
89$52,157,273$2,125,395$0$29,763,911
90$57,278,094$2,030,319$0$32,618,713
91$62,914,963$1,924,308$0$35,760,980
92$69,120,320$1,806,629$0$39,220,016
93$75,951,946$1,676,508$0$43,028,113
94$83,473,510$1,533,122$0$47,220,866
95$91,755,170$1,375,607$0$51,837,501
96$100,874,231$1,203,046$0$56,921,253
97$110,915,877$1,014,469$0$62,519,773
98$121,973,974$808,856$0$68,685,578
99$134,151,955$585,125$0$75,476,548
100$147,563,793$342,135$0$82,956,473