Can I retire at age 51 with 2,200,000?

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 $2,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$181,674$180,056$178,477$176,936$175,431$172,100
2 years$89,938$88,263$86,639$85,065$83,539$80,196
3 years$59,363$57,681$56,061$54,502$53,000$49,750
4 years$44,078$42,401$40,798$39,266$37,800$34,667
5 years$34,910$33,243$31,661$30,160$28,735$25,728
6 years$28,800$27,146$25,587$24,119$22,737$19,860
7 years$24,437$22,797$21,263$19,830$18,491$15,744
8 years$21,167$19,541$18,033$16,635$15,340$12,723
9 years$18,624$17,014$15,531$14,169$12,919$10,429
10 years$16,592$14,997$13,541$12,214$11,007$8,643
11 years$14,930$13,351$11,921$10,630$9,467$7,226
12 years$13,546$11,983$10,580$9,324$8,204$6,082
13 years$12,375$10,829$9,452$8,231$7,154$5,149
14 years$11,373$9,843$8,493$7,307$6,271$4,378
15 years$10,505$8,992$7,668$6,516$5,521$3,738
16 years$9,747$8,250$6,952$5,835$4,880$3,201
17 years$9,078$7,598$6,326$5,243$4,327$2,748
18 years$8,485$7,021$5,775$4,725$3,847$2,365
19 years$7,954$6,507$5,287$4,269$3,429$2,039
20 years$7,477$6,047$4,852$3,866$3,063$1,761
21 years$7,046$5,632$4,463$3,509$2,741$1,523
22 years$6,655$5,257$4,113$3,191$2,457$1,319
23 years$6,298$4,917$3,798$2,906$2,205$1,143
24 years$5,972$4,607$3,512$2,650$1,982$992
25 years$5,672$4,323$3,253$2,420$1,784$861
26 years$5,396$4,063$3,017$2,213$1,607$748
27 years$5,140$3,824$2,802$2,026$1,449$651
28 years$4,903$3,603$2,604$1,856$1,307$566
29 years$4,683$3,399$2,424$1,702$1,180$492
30 years$4,478$3,210$2,258$1,562$1,066$428
31 years$4,287$3,035$2,105$1,434$964$373
32 years$4,108$2,872$1,964$1,318$872$325
33 years$3,940$2,719$1,833$1,212$789$283
34 years$3,782$2,577$1,713$1,115$715$247
35 years$3,634$2,445$1,602$1,027$647$215
36 years$3,494$2,320$1,498$946$586$187
37 years$3,362$2,204$1,402$871$532$163
38 years$3,238$2,094$1,313$803$482$142
39 years$3,120$1,992$1,230$740$437$124
40 years$3,008$1,895$1,153$683$396$108
41 years$2,902$1,804$1,081$630$360$94
42 years$2,801$1,718$1,014$582$326$82
43 years$2,705$1,637$952$537$296$72
44 years$2,614$1,560$893$496$269$63
45 years$2,527$1,488$839$458$244$55
46 years$2,444$1,419$788$423$222$48
47 years$2,365$1,354$740$391$201$42
48 years$2,289$1,293$696$361$183$36
49 years$2,217$1,235$654$334$166$32
50 years$2,148$1,179$615$308$151$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,200,000, adding $5,880 every year, while hoping to spend $45,811 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: 38/43/19 Blend
50$2,200,000$2,200,000$2,200,000$2,200,000
51$2,430,465$2,313,865$2,279,765$2,508,761
52$2,629,630$2,378,502$2,307,395$2,630,373
53$2,847,574$2,444,771$2,334,415$2,756,938
54$3,086,165$2,512,703$2,360,756$2,892,770
55$3,347,459$2,582,330$2,386,346$3,038,729
56$3,633,719$2,653,684$2,411,108$3,195,763
57$3,947,440$2,726,795$2,434,961$3,364,915
58$4,291,367$2,801,697$2,457,821$3,547,331
59$4,668,526$2,878,419$2,479,597$3,744,275
60$5,082,247$2,956,993$2,500,195$3,957,138
61$5,536,200$3,037,449$2,519,515$4,187,451
62$6,034,426$3,119,818$2,537,453$4,436,899
63$6,581,377$3,204,129$2,553,897$4,707,339
64$7,181,958$3,290,412$2,568,734$5,000,814
65$7,841,571$3,378,695$2,581,839$5,319,576
66$8,566,166$3,469,006$2,593,086$5,666,105
67$9,362,300$3,561,372$2,602,339$6,043,131
68$10,237,195$3,655,820$2,609,457$6,453,664
69$11,198,806$3,752,373$2,614,292$6,901,017
70$12,255,901$3,851,056$2,616,687$7,388,842
71$13,418,137$3,951,891$2,616,480$7,921,160
72$14,696,152$4,054,899$2,613,498$8,502,403
73$16,101,671$4,160,100$2,607,560$9,137,454
74$17,647,607$4,267,511$2,598,479$9,831,692
75$19,348,191$4,377,147$2,586,057$10,591,043
76$21,219,101$4,489,022$2,570,084$11,422,040
77$23,277,612$4,603,146$2,550,345$12,331,878
78$25,542,757$4,719,529$2,526,610$13,328,487
79$28,035,508$4,838,176$2,498,641$14,420,605
80$30,778,972$4,959,089$2,466,188$15,617,861
81$33,798,611$5,082,268$2,428,989$16,930,865
82$37,122,479$5,207,709$2,386,770$18,371,310
83$40,781,488$5,335,403$2,339,243$19,952,080
84$44,809,701$5,465,338$2,286,108$21,687,377
85$49,244,648$5,597,498$2,227,051$23,592,846
86$54,127,688$5,731,862$2,161,743$25,685,734
87$59,504,391$5,868,401$2,089,840$27,985,043
88$65,424,971$6,007,085$2,010,982$30,511,717
89$71,944,761$6,147,875$1,924,793$33,288,837
90$79,124,732$6,290,727$1,830,879$36,341,837
91$87,032,071$6,435,589$1,728,830$39,698,748
92$95,740,813$6,582,403$1,618,216$43,390,464
93$105,332,537$6,731,102$1,498,587$47,451,028
94$115,897,141$6,881,611$1,369,475$51,917,962
95$127,533,686$7,033,847$1,230,389$56,832,613
96$140,351,332$7,187,716$1,080,818$62,240,551
97$154,470,369$7,343,114$920,226$68,191,998
98$170,023,348$7,499,928$748,055$74,742,299
99$187,156,337$7,658,032$563,722$81,952,452
100$206,030,294$7,817,287$366,618$89,889,678