Can I retire at age 51 with 2,090,000?

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 $2,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$172,590$171,053$169,553$168,089$166,660$162,631
2 years$85,441$83,849$82,307$80,812$79,362$75,327
3 years$56,395$54,797$53,258$51,777$50,350$46,436
4 years$41,874$40,281$38,758$37,302$35,910$32,146
5 years$33,165$31,581$30,078$28,652$27,298$23,695
6 years$27,360$25,788$24,308$22,913$21,600$18,161
7 years$23,215$21,657$20,200$18,838$17,567$14,293
8 years$20,108$18,564$17,131$15,803$14,573$11,463
9 years$17,693$16,163$14,755$13,461$12,273$9,323
10 years$15,762$14,247$12,864$11,603$10,457$7,665
11 years$14,183$12,683$11,325$10,098$8,993$6,355
12 years$12,868$11,384$10,051$8,857$7,794$5,304
13 years$11,757$10,288$8,980$7,820$6,796$4,451
14 years$10,804$9,351$8,068$6,942$5,957$3,752
15 years$9,980$8,543$7,284$6,191$5,245$3,174
16 years$9,259$7,838$6,604$5,543$4,636$2,693
17 years$8,624$7,218$6,010$4,980$4,111$2,291
18 years$8,060$6,670$5,486$4,488$3,655$1,953
19 years$7,556$6,182$5,022$4,056$3,258$1,668
20 years$7,103$5,744$4,609$3,673$2,910$1,426
21 years$6,694$5,351$4,240$3,334$2,604$1,221
22 years$6,322$4,995$3,907$3,031$2,334$1,047
23 years$5,983$4,671$3,608$2,760$2,095$898
24 years$5,673$4,377$3,337$2,518$1,883$772
25 years$5,388$4,107$3,090$2,299$1,695$663
26 years$5,126$3,860$2,866$2,102$1,526$570
27 years$4,883$3,633$2,662$1,924$1,376$490
28 years$4,658$3,423$2,474$1,763$1,242$422
29 years$4,449$3,229$2,302$1,617$1,121$363
30 years$4,254$3,050$2,145$1,484$1,013$313
31 years$4,072$2,883$1,999$1,363$916$269
32 years$3,902$2,728$1,865$1,252$829$232
33 years$3,743$2,584$1,742$1,152$750$200
34 years$3,593$2,449$1,627$1,060$679$172
35 years$3,452$2,322$1,522$975$615$149
36 years$3,319$2,204$1,423$898$557$128
37 years$3,194$2,094$1,332$828$505$111
38 years$3,076$1,990$1,248$763$458$95
39 years$2,964$1,892$1,169$703$415$82
40 years$2,857$1,800$1,096$649$377$71
41 years$2,757$1,714$1,027$599$342$61
42 years$2,661$1,632$964$552$310$53
43 years$2,570$1,555$904$510$281$45
44 years$2,483$1,482$849$471$255$39
45 years$2,401$1,413$797$435$232$34
46 years$2,322$1,348$749$402$210$29
47 years$2,247$1,287$703$371$191$25
48 years$2,175$1,228$661$343$174$22
49 years$2,106$1,173$621$317$158$19
50 years$2,041$1,120$584$293$143$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,090,000, adding $3,771 every year, while hoping to spend $26,876 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: 32/39/29 Blend
50$2,090,000$2,090,000$2,090,000$2,090,000
51$2,307,070$2,196,300$2,163,905$2,360,409
52$2,513,795$2,275,323$2,207,800$2,480,790
53$2,740,706$2,357,317$2,252,264$2,607,735
54$2,989,832$2,442,400$2,297,289$2,743,947
55$3,263,410$2,530,693$2,342,865$2,890,261
56$3,563,905$2,622,324$2,388,978$3,047,597
57$3,894,031$2,717,425$2,435,616$3,216,960
58$4,256,778$2,816,135$2,482,765$3,399,458
59$4,655,440$2,918,596$2,530,408$3,596,306
60$5,093,646$3,024,959$2,578,528$3,808,840
61$5,575,395$3,135,379$2,627,106$4,038,529
62$6,105,092$3,250,019$2,676,120$4,286,985
63$6,687,589$3,369,047$2,725,548$4,555,982
64$7,328,234$3,492,642$2,775,365$4,847,472
65$8,032,918$3,620,985$2,825,543$5,163,598
66$8,808,132$3,754,269$2,876,055$5,506,719
67$9,661,026$3,892,694$2,926,868$5,879,429
68$10,599,482$4,036,467$2,977,949$6,284,583
69$11,632,181$4,185,805$3,029,262$6,725,320
70$12,768,689$4,340,935$3,080,768$7,205,094
71$14,019,546$4,502,092$3,132,425$7,727,707
72$15,396,367$4,669,522$3,184,188$8,297,340
73$16,911,949$4,843,481$3,236,011$8,918,599
74$18,580,393$5,024,237$3,287,842$9,596,548
75$20,417,236$5,212,067$3,339,628$10,336,766
76$22,439,598$5,407,263$3,391,310$11,145,391
77$24,666,345$5,610,127$3,442,827$12,029,182
78$27,118,265$5,820,975$3,494,114$12,995,579
79$29,818,263$6,040,138$3,545,102$14,052,774
80$32,791,579$6,267,958$3,595,716$15,209,786
81$36,066,028$6,504,796$3,645,880$16,476,546
82$39,672,255$6,751,024$3,695,510$17,863,992
83$43,644,034$7,007,033$3,744,519$19,384,165
84$48,018,579$7,273,230$3,792,813$21,050,328
85$52,836,897$7,550,042$3,840,295$22,877,086
86$58,144,177$7,837,910$3,886,861$24,880,526
87$63,990,214$8,137,298$3,932,402$27,078,363
88$70,429,879$8,448,689$3,976,801$29,490,111
89$77,523,639$8,772,588$4,019,936$32,137,262
90$85,338,125$9,109,519$4,061,679$35,043,489
91$93,946,761$9,460,033$4,101,893$38,234,870
92$103,430,459$9,824,703$4,140,434$41,740,129
93$113,878,380$10,204,127$4,177,153$45,590,906
94$125,388,775$10,598,931$4,211,888$49,822,058
95$138,069,918$11,009,766$4,244,474$54,471,983
96$152,041,119$11,437,313$4,274,733$59,582,981
97$167,433,856$11,882,285$4,302,480$65,201,651
98$184,393,016$12,345,424$4,327,520$71,379,332
99$203,078,259$12,827,505$4,349,647$78,172,583
100$223,665,527$13,329,338$4,368,646$85,643,714