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

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$156,900$155,503$154,139$152,808$151,509$146,600
2 years$77,673$76,227$74,825$73,465$72,147$67,248
3 years$51,268$49,815$48,417$47,070$45,773$41,037
4 years$38,068$36,619$35,235$33,911$32,646$28,109
5 years$30,150$28,710$27,344$26,047$24,817$20,491
6 years$24,873$23,444$22,098$20,830$19,637$15,526
7 years$21,105$19,688$18,363$17,126$15,970$12,074
8 years$18,280$16,876$15,574$14,366$13,249$9,565
9 years$16,085$14,694$13,414$12,237$11,157$7,681
10 years$14,329$12,952$11,694$10,548$9,506$6,233
11 years$12,894$11,530$10,295$9,180$8,176$5,098
12 years$11,698$10,349$9,137$8,052$7,085$4,197
13 years$10,688$9,353$8,163$7,109$6,178$3,472
14 years$9,822$8,501$7,335$6,310$5,416$2,885
15 years$9,073$7,766$6,622$5,628$4,769$2,405
16 years$8,418$7,125$6,004$5,039$4,214$2,010
17 years$7,840$6,562$5,463$4,528$3,737$1,684
18 years$7,328$6,064$4,987$4,080$3,323$1,413
19 years$6,869$5,620$4,566$3,687$2,962$1,188
20 years$6,457$5,222$4,190$3,339$2,645$1,000
21 years$6,085$4,864$3,854$3,031$2,367$842
22 years$5,747$4,540$3,552$2,755$2,122$710
23 years$5,439$4,247$3,280$2,509$1,905$600
24 years$5,157$3,979$3,033$2,289$1,712$506
25 years$4,898$3,734$2,809$2,090$1,541$428
26 years$4,660$3,509$2,606$1,911$1,388$362
27 years$4,439$3,303$2,420$1,749$1,251$306
28 years$4,235$3,112$2,249$1,603$1,129$259
29 years$4,045$2,936$2,093$1,470$1,019$219
30 years$3,868$2,773$1,950$1,349$921$185
31 years$3,702$2,621$1,818$1,239$833$157
32 years$3,548$2,480$1,696$1,139$753$133
33 years$3,403$2,349$1,583$1,047$682$112
34 years$3,266$2,226$1,479$963$617$95
35 years$3,138$2,111$1,383$887$559$81
36 years$3,018$2,004$1,294$817$507$68
37 years$2,904$1,903$1,211$752$459$58
38 years$2,796$1,809$1,134$694$416$49
39 years$2,694$1,720$1,063$640$377$42
40 years$2,598$1,636$996$590$342$35
41 years$2,506$1,558$934$544$311$30
42 years$2,419$1,484$876$502$282$25
43 years$2,336$1,414$822$464$256$21
44 years$2,257$1,347$772$428$232$18
45 years$2,182$1,285$725$395$211$15
46 years$2,111$1,226$681$365$191$13
47 years$2,043$1,170$639$337$174$11
48 years$1,977$1,117$601$312$158$9
49 years$1,915$1,066$565$288$143$8
50 years$1,855$1,019$531$266$130$7

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 $2,908 every year, while hoping to spend $58,151 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: 49/33/18 Blend
50$1,900,000$1,900,000$1,900,000$1,900,000
51$2,096,800$1,996,100$1,966,650$2,188,859
52$2,248,801$2,032,036$1,970,660$2,288,805
53$2,414,357$2,067,785$1,972,856$2,391,127
54$2,594,790$2,103,275$1,973,115$2,501,036
55$2,791,554$2,138,430$1,971,309$2,619,268
56$3,006,248$2,173,169$1,967,304$2,746,633
57$3,240,635$2,207,403$1,960,958$2,884,027
58$3,496,653$2,241,040$1,952,123$3,032,436
59$3,776,437$2,273,976$1,940,645$3,192,950
60$4,082,338$2,306,106$1,926,361$3,366,770
61$4,416,943$2,337,311$1,909,101$3,555,222
62$4,783,101$2,367,470$1,888,686$3,759,768
63$5,183,950$2,396,448$1,864,929$3,982,022
64$5,622,944$2,424,105$1,837,635$4,223,764
65$6,103,887$2,450,289$1,806,599$4,486,959
66$6,630,970$2,474,840$1,771,607$4,773,773
67$7,208,807$2,497,585$1,732,434$5,086,597
68$7,842,480$2,518,341$1,688,844$5,428,067
69$8,537,586$2,536,913$1,640,594$5,801,095
70$9,300,291$2,553,092$1,587,425$6,208,888
71$10,137,385$2,566,659$1,529,069$6,654,989
72$11,056,350$2,577,377$1,465,244$7,143,302
73$12,065,426$2,584,996$1,395,657$7,678,137
74$13,173,689$2,589,250$1,320,001$8,264,245
75$14,391,139$2,589,857$1,237,955$8,906,869
76$15,728,791$2,586,516$1,149,183$9,611,790
77$17,198,781$2,578,909$1,053,334$10,385,388
78$18,814,478$2,566,697$950,042$11,234,694
79$20,590,611$2,549,522$838,925$12,167,469
80$22,543,407$2,527,002$719,582$13,192,268
81$24,690,744$2,498,734$591,597$14,318,527
82$27,052,318$2,464,290$454,534$15,556,655
83$29,649,831$2,423,217$307,937$16,918,127
84$32,507,193$2,375,033$151,332$18,415,600
85$35,650,747$2,319,231$0$20,063,031
86$39,109,521$2,255,271$0$21,878,846
87$42,915,495$2,182,582$0$23,908,196
88$47,103,907$2,100,560$0$26,140,805
89$51,713,585$2,008,567$0$28,597,416
90$56,787,311$1,905,927$0$31,300,896
91$62,372,222$1,791,923$0$34,276,451
92$68,520,263$1,665,801$0$37,551,866
93$75,288,664$1,526,760$0$41,157,768
94$82,740,491$1,373,955$0$45,127,918
95$90,945,235$1,206,492$0$49,499,529
96$99,979,467$1,023,428$0$54,313,620
97$109,927,562$823,766$0$59,615,407
98$120,882,494$606,450$0$65,454,727
99$132,946,711$370,370$0$71,886,515
100$146,233,107$114,349$0$78,971,323