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%14.1%
1 years$157,726$156,321$154,950$153,612$152,306$149,721
2 years$78,082$76,628$75,219$73,852$72,527$69,931
3 years$51,538$50,077$48,671$47,318$46,014$43,487
4 years$38,268$36,812$35,420$34,090$32,818$30,380
5 years$30,308$28,861$27,488$26,184$24,947$22,606
6 years$25,004$23,567$22,214$20,940$19,740$17,497
7 years$21,216$19,792$18,460$17,216$16,054$13,910
8 years$18,377$16,965$15,656$14,442$13,318$11,273
9 years$16,169$14,771$13,484$12,301$11,216$9,268
10 years$14,405$13,020$11,756$10,604$9,557$7,705
11 years$12,962$11,591$10,350$9,228$8,219$6,461
12 years$11,760$10,404$9,185$8,095$7,122$5,457
13 years$10,744$9,402$8,206$7,146$6,211$4,634
14 years$9,874$8,546$7,373$6,344$5,444$3,954
15 years$9,121$7,807$6,657$5,657$4,794$3,387
16 years$8,462$7,163$6,036$5,066$4,237$2,911
17 years$7,882$6,597$5,492$4,551$3,756$2,508
18 years$7,366$6,095$5,014$4,102$3,340$2,167
19 years$6,906$5,649$4,590$3,706$2,977$1,875
20 years$6,491$5,250$4,212$3,357$2,659$1,626
21 years$6,117$4,890$3,874$3,046$2,380$1,411
22 years$5,778$4,564$3,571$2,770$2,133$1,227
23 years$5,468$4,269$3,297$2,523$1,915$1,067
24 years$5,185$4,000$3,049$2,301$1,721$930
25 years$4,924$3,754$2,824$2,101$1,549$810
26 years$4,684$3,528$2,619$1,921$1,395$707
27 years$4,463$3,320$2,432$1,759$1,258$617
28 years$4,257$3,128$2,261$1,611$1,135$539
29 years$4,066$2,951$2,104$1,478$1,025$471
30 years$3,888$2,787$1,960$1,356$926$411
31 years$3,722$2,635$1,827$1,245$837$360
32 years$3,566$2,493$1,705$1,145$757$315
33 years$3,421$2,361$1,592$1,052$685$275
34 years$3,284$2,238$1,487$968$620$241
35 years$3,155$2,122$1,391$891$562$211
36 years$3,034$2,014$1,301$821$509$185
37 years$2,919$1,913$1,218$756$461$162
38 years$2,811$1,818$1,140$697$418$141
39 years$2,708$1,729$1,068$643$379$124
40 years$2,611$1,645$1,001$593$344$108
41 years$2,519$1,566$939$547$312$95
42 years$2,432$1,491$881$505$283$83
43 years$2,349$1,421$826$466$257$73
44 years$2,269$1,354$776$430$233$64
45 years$2,194$1,292$728$397$212$56
46 years$2,122$1,232$684$367$192$49
47 years$2,053$1,176$643$339$175$43
48 years$1,988$1,122$604$313$159$38
49 years$1,925$1,072$568$290$144$33
50 years$1,865$1,024$534$268$131$29

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 $3,204 every year, while hoping to spend $33,782 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: 32/41/27 Blend
50$1,910,000$1,910,000$1,910,000$1,910,000
51$2,108,125$2,006,895$1,977,290$2,158,103
52$2,287,210$2,069,289$2,007,585$2,258,969
53$2,483,429$2,133,608$2,037,763$2,364,318
54$2,698,495$2,199,911$2,067,785$2,477,125
55$2,934,293$2,268,258$2,097,607$2,598,068
56$3,192,900$2,338,711$2,127,185$2,727,895
57$3,476,603$2,411,335$2,156,473$2,867,426
58$3,787,921$2,486,196$2,185,420$3,017,565
59$4,129,630$2,563,360$2,213,972$3,179,305
60$4,504,786$2,642,899$2,242,075$3,353,738
61$4,916,758$2,724,885$2,269,668$3,542,066
62$5,369,254$2,809,390$2,296,688$3,745,611
63$5,866,360$2,896,493$2,323,069$3,965,830
64$6,412,579$2,986,271$2,348,742$4,204,323
65$7,012,869$3,078,806$2,373,632$4,462,855
66$7,672,694$3,174,180$2,397,662$4,743,365
67$8,398,074$3,272,480$2,420,748$5,047,991
68$9,195,639$3,373,793$2,442,805$5,379,085
69$10,072,697$3,478,211$2,463,742$5,739,237
70$11,037,296$3,585,828$2,483,461$6,131,299
71$12,098,306$3,696,739$2,501,862$6,558,412
72$13,265,497$3,811,043$2,518,839$7,024,035
73$14,549,637$3,928,843$2,534,279$7,531,977
74$15,962,587$4,050,244$2,548,065$8,086,434
75$17,517,418$4,175,353$2,560,072$8,692,027
76$19,228,532$4,304,282$2,570,171$9,353,846
77$21,111,795$4,437,145$2,578,226$10,077,498
78$23,184,693$4,574,060$2,584,091$10,869,159
79$25,466,491$4,715,148$2,587,617$11,735,633
80$27,978,416$4,860,533$2,588,645$12,684,415
81$30,743,859$5,010,344$2,587,010$13,723,764
82$33,788,595$5,164,713$2,582,536$14,862,775
83$37,141,022$5,323,775$2,575,042$16,111,472
84$40,832,436$5,487,669$2,564,335$17,480,897
85$44,897,320$5,656,540$2,550,216$18,983,216
86$49,373,670$5,830,535$2,532,472$20,631,833
87$54,303,359$6,009,805$2,510,884$22,441,518
88$59,732,523$6,194,507$2,485,221$24,428,543
89$65,712,005$6,384,802$2,455,239$26,610,838
90$72,297,826$6,580,854$2,420,687$29,008,161
91$79,551,722$6,782,833$2,381,297$31,642,280
92$87,541,719$6,990,915$2,336,793$34,537,182
93$96,342,782$7,205,277$2,286,883$37,719,299
94$106,037,516$7,426,105$2,231,263$41,217,754
95$116,716,947$7,653,589$2,169,615$45,064,642
96$128,481,383$7,887,922$2,101,605$49,295,325
97$141,441,360$8,129,306$2,026,884$53,948,772
98$155,718,683$8,377,947$1,945,090$59,067,923
99$171,447,578$8,634,056$1,855,839$64,700,096
100$188,775,956$8,897,849$1,758,735$70,897,435