Can I retire at age 51 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$174,242$172,690$171,176$169,698$168,254$162,285
2 years$86,258$84,652$83,095$81,585$80,121$74,170
3 years$56,934$55,321$53,768$52,273$50,832$45,087
4 years$42,275$40,667$39,129$37,659$36,254$30,759
5 years$33,482$31,883$30,366$28,926$27,560$22,329
6 years$27,622$26,035$24,540$23,132$21,807$16,844
7 years$23,438$21,864$20,393$19,018$17,735$13,040
8 years$20,301$18,742$17,295$15,954$14,713$10,281
9 years$17,862$16,318$14,896$13,589$12,390$8,216
10 years$15,913$14,383$12,987$11,714$10,557$6,633
11 years$14,319$12,805$11,433$10,195$9,080$5,398
12 years$12,991$11,493$10,147$8,942$7,868$4,420
13 years$11,869$10,386$9,065$7,895$6,861$3,637
14 years$10,908$9,441$8,145$7,008$6,014$3,005
15 years$10,076$8,624$7,354$6,250$5,296$2,490
16 years$9,348$7,913$6,668$5,596$4,680$2,070
17 years$8,707$7,287$6,067$5,028$4,150$1,724
18 years$8,137$6,734$5,539$4,531$3,690$1,438
19 years$7,629$6,241$5,070$4,094$3,289$1,201
20 years$7,171$5,799$4,653$3,708$2,938$1,005
21 years$6,758$5,402$4,280$3,365$2,629$842
22 years$6,383$5,042$3,945$3,060$2,356$705
23 years$6,041$4,716$3,642$2,787$2,115$592
24 years$5,728$4,419$3,369$2,542$1,901$496
25 years$5,440$4,147$3,120$2,321$1,711$417
26 years$5,175$3,897$2,894$2,122$1,541$350
27 years$4,930$3,668$2,687$1,943$1,389$294
28 years$4,703$3,456$2,498$1,780$1,254$247
29 years$4,492$3,260$2,324$1,632$1,132$208
30 years$4,295$3,079$2,165$1,498$1,023$175
31 years$4,111$2,911$2,019$1,376$925$147
32 years$3,940$2,754$1,883$1,264$837$124
33 years$3,779$2,608$1,758$1,163$757$104
34 years$3,627$2,472$1,643$1,070$685$87
35 years$3,485$2,345$1,536$985$621$74
36 years$3,351$2,225$1,437$907$562$62
37 years$3,225$2,114$1,345$836$510$52
38 years$3,105$2,009$1,260$770$462$44
39 years$2,992$1,910$1,180$710$419$37
40 years$2,885$1,817$1,106$655$380$31
41 years$2,783$1,730$1,037$604$345$26
42 years$2,686$1,647$973$558$313$22
43 years$2,594$1,570$913$515$284$19
44 years$2,507$1,496$857$475$258$16
45 years$2,424$1,427$805$439$234$13
46 years$2,344$1,361$756$406$212$11
47 years$2,268$1,299$710$375$193$9
48 years$2,196$1,240$667$346$175$8
49 years$2,126$1,184$627$320$159$7
50 years$2,060$1,131$590$296$145$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,110,000, adding $5,663 every year, while hoping to spend $50,790 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: 72/11/17 Blend
50$2,110,000$2,110,000$2,110,000$2,110,000
51$2,331,061$2,219,231$2,186,526$2,489,302
52$2,514,789$2,273,934$2,205,735$2,649,828
53$2,715,556$2,329,614$2,223,885$2,818,882
54$2,935,044$2,386,267$2,240,886$3,002,705
55$3,175,109$2,443,884$2,256,647$3,202,753
56$3,437,792$2,502,457$2,271,066$3,420,626
57$3,725,342$2,561,972$2,284,042$3,658,090
58$4,040,234$2,622,416$2,295,465$3,917,088
59$4,385,195$2,683,772$2,305,220$4,199,761
60$4,763,227$2,746,018$2,313,187$4,508,467
61$5,177,636$2,809,133$2,319,239$4,845,807
62$5,632,065$2,873,091$2,323,243$5,214,643
63$6,130,525$2,937,861$2,325,061$5,618,130
64$6,677,433$3,003,411$2,324,544$6,059,744
65$7,277,655$3,069,702$2,321,541$6,543,315
66$7,936,553$3,136,695$2,315,890$7,073,063
67$8,660,031$3,204,342$2,307,421$7,653,639
68$9,454,592$3,272,593$2,295,958$8,290,167
69$10,327,403$3,341,393$2,281,316$8,988,293
70$11,286,357$3,410,679$2,263,298$9,754,238
71$12,340,149$3,480,386$2,241,702$10,594,859
72$13,498,359$3,550,440$2,216,314$11,517,712
73$14,771,541$3,620,762$2,186,911$12,531,122
74$16,171,323$3,691,264$2,153,257$13,644,263
75$17,710,515$3,761,852$2,115,108$14,867,247
76$19,403,231$3,832,426$2,072,207$16,211,215
77$21,265,020$3,902,875$2,024,285$17,688,445
78$23,313,015$3,973,079$1,971,062$19,312,469
79$25,566,093$4,042,910$1,912,244$21,098,197
80$28,045,053$4,112,231$1,847,522$23,062,063
81$30,772,810$4,180,892$1,776,575$25,222,175
82$33,774,613$4,248,732$1,699,067$27,598,490
83$37,078,285$4,315,581$1,614,647$30,213,001
84$40,714,478$4,381,253$1,522,946$33,089,945
85$44,716,971$4,445,550$1,423,581$36,256,033
86$49,122,981$4,508,261$1,316,150$39,740,699
87$53,973,518$4,569,159$1,200,234$43,576,383
88$59,313,769$4,628,000$1,075,394$47,798,834
89$65,193,527$4,684,526$941,173$52,447,449
90$71,667,657$4,738,458$797,093$57,565,645
91$78,796,618$4,789,502$642,655$63,201,271
92$86,647,026$4,837,340$477,337$69,407,056
93$95,292,290$4,881,637$300,595$76,241,110
94$104,813,299$4,922,034$111,861$83,767,475
95$115,299,190$4,958,148$0$92,056,726
96$126,848,182$4,989,571$0$101,202,883
97$139,568,508$5,015,872$0$111,298,126
98$153,579,434$5,036,588$0$122,416,719
99$169,012,385$5,051,229$0$134,662,883
100$186,012,185$5,059,276$0$148,151,466