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

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$157,726$156,321$154,950$153,612$152,306$147,490
2 years$78,082$76,628$75,219$73,852$72,527$67,718
3 years$51,538$50,077$48,671$47,318$46,014$41,364
4 years$38,268$36,812$35,420$34,090$32,818$28,361
5 years$30,308$28,861$27,488$26,184$24,947$20,697
6 years$25,004$23,567$22,214$20,940$19,740$15,700
7 years$21,216$19,792$18,460$17,216$16,054$12,223
8 years$18,377$16,965$15,656$14,442$13,318$9,694
9 years$16,169$14,771$13,484$12,301$11,216$7,794
10 years$14,405$13,020$11,756$10,604$9,557$6,332
11 years$12,962$11,591$10,350$9,228$8,219$5,187
12 years$11,760$10,404$9,185$8,095$7,122$4,275
13 years$10,744$9,402$8,206$7,146$6,211$3,542
14 years$9,874$8,546$7,373$6,344$5,444$2,947
15 years$9,121$7,807$6,657$5,657$4,794$2,460
16 years$8,462$7,163$6,036$5,066$4,237$2,059
17 years$7,882$6,597$5,492$4,551$3,756$1,727
18 years$7,366$6,095$5,014$4,102$3,340$1,452
19 years$6,906$5,649$4,590$3,706$2,977$1,222
20 years$6,491$5,250$4,212$3,357$2,659$1,030
21 years$6,117$4,890$3,874$3,046$2,380$870
22 years$5,778$4,564$3,571$2,770$2,133$734
23 years$5,468$4,269$3,297$2,523$1,915$621
24 years$5,185$4,000$3,049$2,301$1,721$525
25 years$4,924$3,754$2,824$2,101$1,549$444
26 years$4,684$3,528$2,619$1,921$1,395$376
27 years$4,463$3,320$2,432$1,759$1,258$319
28 years$4,257$3,128$2,261$1,611$1,135$270
29 years$4,066$2,951$2,104$1,478$1,025$229
30 years$3,888$2,787$1,960$1,356$926$194
31 years$3,722$2,635$1,827$1,245$837$165
32 years$3,566$2,493$1,705$1,145$757$140
33 years$3,421$2,361$1,592$1,052$685$118
34 years$3,284$2,238$1,487$968$620$100
35 years$3,155$2,122$1,391$891$562$85
36 years$3,034$2,014$1,301$821$509$72
37 years$2,919$1,913$1,218$756$461$61
38 years$2,811$1,818$1,140$697$418$52
39 years$2,708$1,729$1,068$643$379$44
40 years$2,611$1,645$1,001$593$344$37
41 years$2,519$1,566$939$547$312$32
42 years$2,432$1,491$881$505$283$27
43 years$2,349$1,421$826$466$257$23
44 years$2,269$1,354$776$430$233$19
45 years$2,194$1,292$728$397$212$17
46 years$2,122$1,232$684$367$192$14
47 years$2,053$1,176$643$339$175$12
48 years$1,988$1,122$604$313$159$10
49 years$1,925$1,072$568$290$144$9
50 years$1,865$1,024$534$268$131$7

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 $5,455 every year, while hoping to spend $37,701 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: 46/24/30 Blend
50$1,910,000$1,910,000$1,910,000$1,910,000
51$2,110,447$2,009,217$1,979,612$2,189,060
52$2,285,599$2,067,555$2,005,815$2,303,803
53$2,477,353$2,127,488$2,031,633$2,424,188
54$2,687,362$2,189,054$2,057,012$2,554,104
55$2,917,448$2,252,293$2,081,897$2,694,468
56$3,169,616$2,317,244$2,106,229$2,846,288
57$3,446,075$2,383,946$2,129,945$3,010,676
58$3,749,257$2,452,442$2,152,981$3,188,853
59$4,081,841$2,522,772$2,175,266$3,382,167
60$4,446,779$2,594,978$2,196,727$3,592,102
61$4,847,322$2,669,103$2,217,289$3,820,293
62$5,287,049$2,745,189$2,236,868$4,068,540
63$5,769,905$2,823,281$2,255,381$4,338,828
64$6,300,236$2,903,422$2,272,736$4,633,343
65$6,882,826$2,985,656$2,288,840$4,954,492
66$7,522,951$3,070,029$2,303,592$5,304,929
67$8,226,417$3,156,586$2,316,887$5,687,578
68$8,999,624$3,245,372$2,328,616$6,105,660
69$9,849,624$3,336,433$2,338,662$6,562,725
70$10,784,182$3,429,815$2,346,904$7,062,684
71$11,811,857$3,525,564$2,353,214$7,609,847
72$12,942,077$3,623,727$2,357,458$8,208,964
73$14,185,231$3,724,351$2,359,494$8,865,269
74$15,552,762$3,827,482$2,359,174$9,584,530
75$17,057,281$3,933,167$2,356,344$10,373,102
76$18,712,683$4,041,451$2,350,841$11,237,991
77$20,534,276$4,152,381$2,342,494$12,186,915
78$22,538,928$4,266,003$2,331,123$13,228,382
79$24,745,224$4,382,363$2,316,541$14,371,765
80$27,173,643$4,501,505$2,298,551$15,627,398
81$29,846,749$4,623,474$2,276,947$17,006,664
82$32,789,406$4,748,313$2,251,514$18,522,114
83$36,029,011$4,876,065$2,222,025$20,187,574
84$39,595,750$5,006,772$2,188,243$22,018,285
85$43,522,888$5,140,476$2,149,920$24,031,043
86$47,847,078$5,277,214$2,106,797$26,244,358
87$52,608,707$5,417,025$2,058,603$28,678,629
88$57,852,282$5,559,946$2,005,053$31,356,338
89$63,626,842$5,706,011$1,945,849$34,302,260
90$69,986,427$5,855,252$1,880,682$37,543,702
91$76,990,583$6,007,700$1,809,225$41,110,756
92$84,704,927$6,163,382$1,731,140$45,036,587
93$93,201,766$6,322,324$1,646,069$49,357,744
94$102,560,776$6,484,548$1,553,642$54,114,507
95$112,869,756$6,650,072$1,453,470$59,351,269
96$124,225,458$6,818,912$1,345,148$65,116,953
97$136,734,495$6,991,079$1,228,250$71,465,474
98$150,514,352$7,166,580$1,102,335$78,456,255
99$165,694,492$7,345,419$966,940$86,154,778
100$182,417,578$7,527,592$821,580$94,633,213