Can I retire at age 51 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$157,726$156,321$154,950$153,612$152,306$150,030
2 years$78,082$76,628$75,219$73,852$72,527$70,239
3 years$51,538$50,077$48,671$47,318$46,014$43,785
4 years$38,268$36,812$35,420$34,090$32,818$30,665
5 years$30,308$28,861$27,488$26,184$24,947$22,878
6 years$25,004$23,567$22,214$20,940$19,740$17,756
7 years$21,216$19,792$18,460$17,216$16,054$14,155
8 years$18,377$16,965$15,656$14,442$13,318$11,505
9 years$16,169$14,771$13,484$12,301$11,216$9,487
10 years$14,405$13,020$11,756$10,604$9,557$7,911
11 years$12,962$11,591$10,350$9,228$8,219$6,655
12 years$11,760$10,404$9,185$8,095$7,122$5,638
13 years$10,744$9,402$8,206$7,146$6,211$4,804
14 years$9,874$8,546$7,373$6,344$5,444$4,113
15 years$9,121$7,807$6,657$5,657$4,794$3,535
16 years$8,462$7,163$6,036$5,066$4,237$3,049
17 years$7,882$6,597$5,492$4,551$3,756$2,637
18 years$7,366$6,095$5,014$4,102$3,340$2,286
19 years$6,906$5,649$4,590$3,706$2,977$1,985
20 years$6,491$5,250$4,212$3,357$2,659$1,728
21 years$6,117$4,890$3,874$3,046$2,380$1,506
22 years$5,778$4,564$3,571$2,770$2,133$1,314
23 years$5,468$4,269$3,297$2,523$1,915$1,148
24 years$5,185$4,000$3,049$2,301$1,721$1,003
25 years$4,924$3,754$2,824$2,101$1,549$878
26 years$4,684$3,528$2,619$1,921$1,395$769
27 years$4,463$3,320$2,432$1,759$1,258$674
28 years$4,257$3,128$2,261$1,611$1,135$591
29 years$4,066$2,951$2,104$1,478$1,025$518
30 years$3,888$2,787$1,960$1,356$926$455
31 years$3,722$2,635$1,827$1,245$837$399
32 years$3,566$2,493$1,705$1,145$757$351
33 years$3,421$2,361$1,592$1,052$685$308
34 years$3,284$2,238$1,487$968$620$271
35 years$3,155$2,122$1,391$891$562$238
36 years$3,034$2,014$1,301$821$509$209
37 years$2,919$1,913$1,218$756$461$184
38 years$2,811$1,818$1,140$697$418$162
39 years$2,708$1,729$1,068$643$379$142
40 years$2,611$1,645$1,001$593$344$125
41 years$2,519$1,566$939$547$312$110
42 years$2,432$1,491$881$505$283$97
43 years$2,349$1,421$826$466$257$85
44 years$2,269$1,354$776$430$233$75
45 years$2,194$1,292$728$397$212$66
46 years$2,122$1,232$684$367$192$58
47 years$2,053$1,176$643$339$175$51
48 years$1,988$1,122$604$313$159$45
49 years$1,925$1,072$568$290$144$40
50 years$1,865$1,024$534$268$131$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,910,000, adding $3,353 every year, while hoping to spend $37,178 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: 29/42/29 Blend
50$1,910,000$1,910,000$1,910,000$1,910,000
51$2,108,279$2,007,049$1,977,444$2,150,492
52$2,283,766$2,065,837$2,004,131$2,243,049
53$2,475,907$2,126,260$2,030,466$2,339,042
54$2,686,361$2,188,358$2,056,398$2,441,507
55$2,916,956$2,252,173$2,081,873$2,551,031
56$3,169,703$2,317,748$2,106,834$2,668,258
57$3,446,821$2,385,125$2,131,221$2,793,898
58$3,750,749$2,454,349$2,154,969$2,928,731
59$4,084,177$2,525,464$2,178,012$3,073,616
60$4,450,066$2,598,515$2,200,279$3,229,498
61$4,851,680$2,673,549$2,221,695$3,397,418
62$5,292,610$2,750,612$2,242,181$3,578,522
63$5,776,816$2,829,752$2,261,654$3,774,070
64$6,308,659$2,911,017$2,280,027$3,985,452
65$6,892,942$2,994,457$2,297,208$4,214,196
66$7,534,957$3,080,120$2,313,099$4,461,988
67$8,240,534$3,168,057$2,327,599$4,730,680
68$9,016,095$3,258,319$2,340,601$5,022,317
69$9,868,718$3,350,957$2,351,991$5,339,149
70$10,806,196$3,446,023$2,361,653$5,683,655
71$11,837,120$3,543,570$2,369,460$6,058,565
72$12,970,952$3,643,650$2,375,282$6,466,888
73$14,218,117$3,746,318$2,378,983$6,911,938
74$15,590,104$3,851,626$2,380,417$7,397,367
75$17,099,568$3,959,629$2,379,434$7,927,199
76$18,760,454$4,070,381$2,375,876$8,505,866
77$20,588,128$4,183,938$2,369,575$9,138,253
78$22,599,519$4,300,352$2,360,358$9,829,743
79$24,813,281$4,419,681$2,348,041$10,586,266
80$27,249,968$4,541,977$2,332,433$11,414,358
81$29,932,227$4,667,297$2,313,332$12,321,221
82$32,885,014$4,795,695$2,290,528$13,314,791
83$36,135,826$4,927,224$2,263,802$14,403,814
84$39,714,962$5,061,939$2,232,920$15,597,926
85$43,655,808$5,199,894$2,197,643$16,907,750
86$47,995,153$5,341,141$2,157,716$18,344,990
87$52,773,534$5,485,733$2,112,875$19,922,543
88$58,035,620$5,633,720$2,062,843$21,654,627
89$63,830,634$5,785,153$2,007,329$23,556,905
90$70,212,814$5,940,080$1,946,029$25,646,642
91$77,241,927$6,098,550$1,878,627$27,942,866
92$84,983,832$6,260,608$1,804,790$30,466,543
93$93,511,104$6,426,298$1,724,171$33,240,784
94$102,903,713$6,595,664$1,636,408$36,291,055
95$113,249,785$6,768,744$1,541,120$39,645,424
96$124,646,427$6,945,577$1,437,912$43,334,822
97$137,200,650$7,126,197$1,326,369$47,393,339
98$151,030,372$7,310,637$1,206,059$51,858,545
99$166,265,537$7,498,925$1,076,528$56,771,843
100$183,049,336$7,691,086$937,306$62,178,866