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%17.5%
1 years$156,900$155,503$154,139$152,808$151,509$146,894
2 years$77,673$76,227$74,825$73,465$72,147$67,538
3 years$51,268$49,815$48,417$47,070$45,773$41,313
4 years$38,068$36,619$35,235$33,911$32,646$28,370
5 years$30,150$28,710$27,344$26,047$24,817$20,736
6 years$24,873$23,444$22,098$20,830$19,637$15,755
7 years$21,105$19,688$18,363$17,126$15,970$12,287
8 years$18,280$16,876$15,574$14,366$13,249$9,762
9 years$16,085$14,694$13,414$12,237$11,157$7,863
10 years$14,329$12,952$11,694$10,548$9,506$6,401
11 years$12,894$11,530$10,295$9,180$8,176$5,253
12 years$11,698$10,349$9,137$8,052$7,085$4,338
13 years$10,688$9,353$8,163$7,109$6,178$3,602
14 years$9,822$8,501$7,335$6,310$5,416$3,003
15 years$9,073$7,766$6,622$5,628$4,769$2,512
16 years$8,418$7,125$6,004$5,039$4,214$2,107
17 years$7,840$6,562$5,463$4,528$3,737$1,771
18 years$7,328$6,064$4,987$4,080$3,323$1,492
19 years$6,869$5,620$4,566$3,687$2,962$1,259
20 years$6,457$5,222$4,190$3,339$2,645$1,064
21 years$6,085$4,864$3,854$3,031$2,367$900
22 years$5,747$4,540$3,552$2,755$2,122$762
23 years$5,439$4,247$3,280$2,509$1,905$646
24 years$5,157$3,979$3,033$2,289$1,712$547
25 years$4,898$3,734$2,809$2,090$1,541$464
26 years$4,660$3,509$2,606$1,911$1,388$394
27 years$4,439$3,303$2,420$1,749$1,251$335
28 years$4,235$3,112$2,249$1,603$1,129$284
29 years$4,045$2,936$2,093$1,470$1,019$242
30 years$3,868$2,773$1,950$1,349$921$205
31 years$3,702$2,621$1,818$1,239$833$175
32 years$3,548$2,480$1,696$1,139$753$148
33 years$3,403$2,349$1,583$1,047$682$126
34 years$3,266$2,226$1,479$963$617$107
35 years$3,138$2,111$1,383$887$559$91
36 years$3,018$2,004$1,294$817$507$78
37 years$2,904$1,903$1,211$752$459$66
38 years$2,796$1,809$1,134$694$416$56
39 years$2,694$1,720$1,063$640$377$48
40 years$2,598$1,636$996$590$342$41
41 years$2,506$1,558$934$544$311$35
42 years$2,419$1,484$876$502$282$29
43 years$2,336$1,414$822$464$256$25
44 years$2,257$1,347$772$428$232$21
45 years$2,182$1,285$725$395$211$18
46 years$2,111$1,226$681$365$191$15
47 years$2,043$1,170$639$337$174$13
48 years$1,977$1,117$601$312$158$11
49 years$1,915$1,066$565$288$143$10
50 years$1,855$1,019$531$266$130$8

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 $5,755 every year, while hoping to spend $41,716 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: 61/11/28 Blend
50$1,900,000$1,900,000$1,900,000$1,900,000
51$2,099,736$1,999,036$1,969,586$2,211,655
52$2,269,524$2,052,604$1,991,182$2,342,095
53$2,455,232$2,107,397$2,012,103$2,479,416
54$2,658,439$2,163,434$2,032,282$2,628,433
55$2,880,887$2,220,729$2,051,651$2,790,297
56$3,124,489$2,279,297$2,070,133$2,966,276
57$3,391,357$2,339,152$2,087,652$3,157,768
58$3,683,812$2,400,307$2,104,125$3,366,311
59$4,004,413$2,462,774$2,119,465$3,593,603
60$4,355,978$2,526,565$2,133,583$3,841,512
61$4,741,612$2,591,691$2,146,381$4,112,099
62$5,164,731$2,658,159$2,157,760$4,407,633
63$5,629,102$2,725,977$2,167,614$4,730,616
64$6,138,873$2,795,152$2,175,831$5,083,806
65$6,698,612$2,865,688$2,182,295$5,470,239
66$7,313,351$2,937,588$2,186,883$5,893,264
67$7,988,636$3,010,852$2,189,466$6,356,572
68$8,730,573$3,085,481$2,189,910$6,864,228
69$9,545,891$3,161,469$2,188,072$7,420,715
70$10,442,003$3,238,812$2,183,803$8,030,971
71$11,427,075$3,317,502$2,176,948$8,700,441
72$12,510,104$3,397,527$2,167,343$9,435,123
73$13,701,003$3,478,873$2,154,817$10,241,630
74$15,010,691$3,561,524$2,139,189$11,127,250
75$16,451,201$3,645,458$2,120,272$12,100,014
76$18,035,790$3,730,652$2,097,867$13,168,773
77$19,779,064$3,817,078$2,071,769$14,343,284
78$21,697,116$3,904,702$2,041,761$15,634,297
79$23,807,678$3,993,488$2,007,616$17,053,664
80$26,130,287$4,083,395$1,969,097$18,614,445
81$28,686,470$4,174,375$1,925,956$20,331,033
82$31,499,947$4,266,377$1,877,932$22,219,292
83$34,596,853$4,359,341$1,824,755$24,296,706
84$38,005,988$4,453,204$1,766,140$26,582,545
85$41,759,082$4,547,894$1,701,788$29,098,045
86$45,891,101$4,643,334$1,631,391$31,866,611
87$50,440,572$4,739,436$1,554,622$34,914,039
88$55,449,950$4,836,108$1,471,141$38,268,759
89$60,966,014$4,933,246$1,380,593$41,962,103
90$67,040,312$5,030,740$1,282,608$46,028,601
91$73,729,645$5,128,467$1,176,796$50,506,311
92$81,096,603$5,226,297$1,062,754$55,437,176
93$89,210,157$5,324,086$940,056$60,867,419
94$98,146,307$5,421,680$808,262$66,847,985
95$107,988,801$5,518,913$666,909$73,435,017
96$118,829,924$5,615,605$515,516$80,690,392
97$130,771,368$5,711,562$353,578$88,682,302
98$143,925,195$5,806,576$180,570$97,485,901
99$158,414,890$5,900,422$0$107,184,013
100$174,376,526$5,992,861$0$117,869,132