Can I retire at age 51 with 2,100,000?

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 $2,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$173,416$171,871$170,364$168,893$167,457$164,076
2 years$85,850$84,251$82,701$81,199$79,741$76,350
3 years$56,665$55,059$53,513$52,025$50,591$47,295
4 years$42,075$40,474$38,944$37,481$36,082$32,907
5 years$33,323$31,732$30,222$28,789$27,429$24,383
6 years$27,491$25,912$24,424$23,023$21,704$18,791
7 years$23,327$21,761$20,296$18,928$17,651$14,872
8 years$20,205$18,653$17,213$15,878$14,643$11,997
9 years$17,778$16,241$14,825$13,525$12,332$9,816
10 years$15,837$14,315$12,925$11,659$10,507$8,121
11 years$14,251$12,744$11,379$10,146$9,037$6,776
12 years$12,930$11,438$10,099$8,900$7,831$5,692
13 years$11,813$10,337$9,023$7,857$6,829$4,809
14 years$10,856$9,396$8,107$6,975$5,986$4,081
15 years$10,028$8,583$7,319$6,220$5,271$3,477
16 years$9,304$7,875$6,636$5,570$4,658$2,971
17 years$8,666$7,253$6,039$5,004$4,130$2,546
18 years$8,099$6,702$5,512$4,510$3,672$2,186
19 years$7,592$6,211$5,046$4,075$3,273$1,881
20 years$7,137$5,772$4,631$3,691$2,924$1,621
21 years$6,726$5,376$4,260$3,350$2,616$1,399
22 years$6,352$5,018$3,926$3,045$2,345$1,208
23 years$6,012$4,694$3,625$2,774$2,105$1,045
24 years$5,700$4,398$3,353$2,530$1,892$904
25 years$5,414$4,127$3,105$2,310$1,703$783
26 years$5,150$3,879$2,880$2,112$1,534$679
27 years$4,906$3,650$2,674$1,934$1,383$589
28 years$4,680$3,440$2,486$1,772$1,248$511
29 years$4,470$3,245$2,313$1,625$1,127$443
30 years$4,275$3,064$2,155$1,491$1,018$385
31 years$4,092$2,897$2,009$1,369$920$334
32 years$3,921$2,741$1,874$1,258$833$290
33 years$3,761$2,596$1,750$1,157$753$252
34 years$3,610$2,460$1,635$1,065$682$219
35 years$3,469$2,334$1,529$980$618$191
36 years$3,335$2,215$1,430$903$560$166
37 years$3,209$2,104$1,339$832$507$144
38 years$3,090$1,999$1,254$767$460$125
39 years$2,978$1,901$1,174$707$417$109
40 years$2,871$1,809$1,101$652$378$95
41 years$2,770$1,722$1,032$602$343$83
42 years$2,674$1,640$968$555$311$72
43 years$2,582$1,562$909$512$283$62
44 years$2,495$1,489$853$473$257$54
45 years$2,412$1,420$801$437$233$47
46 years$2,333$1,355$752$404$211$41
47 years$2,258$1,293$707$373$192$36
48 years$2,185$1,234$664$345$174$31
49 years$2,116$1,179$624$318$158$27
50 years$2,050$1,126$587$294$144$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,100,000, adding $4,419 every year, while hoping to spend $51,796 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: 42/43/15 Blend
50$2,100,000$2,100,000$2,100,000$2,100,000
51$2,318,758$2,207,458$2,174,908$2,405,783
52$2,500,161$2,260,513$2,192,657$2,520,540
53$2,698,331$2,314,432$2,209,265$2,639,276
54$2,914,923$2,369,202$2,224,638$2,766,736
55$3,151,761$2,424,808$2,238,679$2,903,740
56$3,410,852$2,481,234$2,251,285$3,051,195
57$3,694,404$2,538,460$2,262,348$3,210,098
58$4,004,851$2,596,463$2,271,755$3,381,546
59$4,344,873$2,655,216$2,279,386$3,566,751
60$4,717,420$2,714,692$2,285,115$3,767,046
61$5,125,742$2,774,857$2,288,812$3,983,899
62$5,573,418$2,835,676$2,290,338$4,218,929
63$6,064,390$2,897,107$2,289,547$4,473,921
64$6,602,999$2,959,106$2,286,288$4,750,840
65$7,194,027$3,021,625$2,280,401$5,051,853
66$7,842,742$3,084,610$2,271,720$5,379,348
67$8,554,947$3,148,000$2,260,067$5,735,956
68$9,337,032$3,211,733$2,245,260$6,124,579
69$10,196,038$3,275,737$2,227,105$6,548,414
70$11,139,722$3,339,936$2,205,401$7,010,985
71$12,176,628$3,404,246$2,179,936$7,516,177
72$13,316,169$3,468,579$2,150,488$8,068,271
73$14,568,714$3,532,836$2,116,826$8,671,988
74$15,945,690$3,596,912$2,078,707$9,332,530
75$17,459,683$3,660,693$2,035,876$10,055,633
76$19,124,561$3,724,057$1,988,068$10,847,620
77$20,955,601$3,786,872$1,935,004$11,715,458
78$22,969,639$3,848,994$1,876,392$12,666,830
79$25,185,220$3,910,273$1,811,929$13,710,205
80$27,622,779$3,970,543$1,741,296$14,854,918
81$30,304,833$4,029,630$1,664,160$16,111,259
82$33,256,189$4,087,345$1,580,172$17,490,572
83$36,504,181$4,143,486$1,488,969$19,005,361
84$40,078,929$4,197,838$1,390,170$20,669,410
85$44,013,617$4,250,169$1,283,378$22,497,914
86$48,344,812$4,300,234$1,168,178$24,507,621
87$53,112,807$4,347,769$1,044,135$26,716,995
88$58,361,996$4,392,493$910,797$29,146,388
89$64,141,301$4,434,107$767,690$31,818,232
90$70,504,627$4,472,290$614,320$34,757,258
91$77,511,370$4,506,704$450,171$37,990,723
92$85,226,982$4,536,984$274,704$41,548,675
93$93,723,584$4,562,746$87,357$45,464,233
94$103,080,648$4,583,580$0$49,773,904
95$113,385,746$4,599,047$0$54,535,947
96$124,735,377$4,608,685$0$59,792,791
97$137,235,875$4,612,000$0$65,579,432
98$151,004,415$4,608,469$0$71,949,866
99$166,170,116$4,597,535$0$78,963,605
100$182,875,261$4,578,607$0$86,686,234