Can I retire at age 51 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$185,803$184,148$182,533$180,957$179,418$173,328
2 years$91,982$90,269$88,608$86,999$85,437$79,363
3 years$60,712$58,991$57,335$55,741$54,205$48,337
4 years$45,080$43,365$41,726$40,158$38,659$33,042
5 years$35,704$33,999$32,381$30,845$29,388$24,037
6 years$29,455$27,762$26,168$24,667$23,254$18,173
7 years$24,993$23,315$21,746$20,280$18,912$14,100
8 years$21,648$19,985$18,442$17,013$15,689$11,143
9 years$19,048$17,401$15,884$14,491$13,212$8,927
10 years$16,969$15,338$13,848$12,491$11,258$7,225
11 years$15,269$13,654$12,192$10,871$9,682$5,895
12 years$13,853$12,255$10,820$9,536$8,390$4,840
13 years$12,657$11,075$9,667$8,418$7,316$3,993
14 years$11,632$10,067$8,686$7,473$6,414$3,308
15 years$10,744$9,197$7,842$6,665$5,647$2,750
16 years$9,968$8,438$7,110$5,967$4,991$2,292
17 years$9,285$7,771$6,470$5,362$4,425$1,914
18 years$8,677$7,181$5,906$4,832$3,935$1,602
19 years$8,135$6,655$5,407$4,366$3,507$1,342
20 years$7,647$6,184$4,962$3,954$3,133$1,126
21 years$7,206$5,760$4,564$3,589$2,803$946
22 years$6,806$5,377$4,207$3,263$2,513$796
23 years$6,441$5,029$3,884$2,972$2,256$669
24 years$6,108$4,712$3,592$2,710$2,027$563
25 years$5,801$4,422$3,327$2,475$1,824$475
26 years$5,518$4,156$3,086$2,263$1,643$400
27 years$5,257$3,911$2,865$2,072$1,482$337
28 years$5,015$3,685$2,664$1,898$1,337$284
29 years$4,790$3,477$2,479$1,741$1,207$240
30 years$4,580$3,283$2,309$1,597$1,091$202
31 years$4,384$3,104$2,152$1,467$986$171
32 years$4,201$2,937$2,008$1,348$892$144
33 years$4,029$2,781$1,875$1,240$807$122
34 years$3,868$2,636$1,752$1,141$731$103
35 years$3,716$2,500$1,638$1,050$662$87
36 years$3,574$2,373$1,532$967$600$73
37 years$3,439$2,254$1,434$891$544$62
38 years$3,311$2,142$1,343$821$493$52
39 years$3,190$2,037$1,258$757$447$44
40 years$3,076$1,938$1,179$699$405$37
41 years$2,968$1,845$1,106$644$368$31
42 years$2,865$1,757$1,037$595$334$27
43 years$2,767$1,674$973$549$303$22
44 years$2,673$1,596$914$507$275$19
45 years$2,584$1,522$858$468$250$16
46 years$2,500$1,451$806$432$227$13
47 years$2,419$1,385$757$400$206$11
48 years$2,341$1,322$711$369$187$10
49 years$2,268$1,263$669$341$170$8
50 years$2,197$1,206$629$315$154$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,250,000, adding $5,702 every year, while hoping to spend $58,178 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: 56/25/19 Blend
50$2,250,000$2,250,000$2,250,000$2,250,000
51$2,485,382$2,366,132$2,331,257$2,611,628
52$2,676,990$2,420,171$2,347,453$2,752,359
53$2,886,192$2,474,909$2,362,242$2,898,869
54$3,114,721$2,530,317$2,375,515$3,057,188
55$3,364,486$2,586,366$2,387,158$3,228,465
56$3,637,587$2,643,021$2,397,051$3,413,964
57$3,936,336$2,700,245$2,405,068$3,615,077
58$4,263,281$2,757,996$2,411,076$3,833,338
59$4,621,226$2,816,228$2,414,937$4,070,441
60$5,013,259$2,874,890$2,416,505$4,328,248
61$5,442,780$2,933,928$2,415,627$4,608,813
62$5,913,534$2,993,282$2,412,141$4,914,401
63$6,429,647$3,052,885$2,405,880$5,247,507
64$6,995,660$3,112,665$2,396,666$5,610,881
65$7,616,578$3,172,546$2,384,315$6,007,555
66$8,297,911$3,232,443$2,368,631$6,440,868
67$9,045,730$3,292,265$2,349,412$6,914,504
68$9,866,721$3,351,913$2,326,445$7,432,523
69$10,768,251$3,411,281$2,299,505$7,999,397
70$11,758,434$3,470,255$2,268,360$8,620,058
71$12,846,207$3,528,710$2,232,763$9,299,943
72$14,041,419$3,586,515$2,192,459$10,045,043
73$15,354,916$3,643,527$2,147,179$10,861,963
74$16,798,650$3,699,593$2,096,642$11,757,983
75$18,385,787$3,754,548$2,040,554$12,741,128
76$20,130,833$3,808,216$1,978,608$13,820,242
77$22,049,769$3,860,410$1,910,483$15,005,077
78$24,160,203$3,910,927$1,835,841$16,306,380
79$26,481,533$3,959,552$1,754,332$17,735,997
80$29,035,135$4,006,056$1,665,587$19,306,986
81$31,844,557$4,050,191$1,569,223$21,033,740
82$34,935,747$4,091,696$1,464,837$22,932,125
83$38,337,295$4,130,290$1,352,010$25,019,629
84$42,080,700$4,165,676$1,230,304$27,315,526
85$46,200,673$4,197,535$1,099,260$29,841,065
86$50,735,456$4,225,529$958,400$32,619,663
87$55,727,190$4,249,297$807,225$35,677,134
88$61,222,308$4,268,457$645,211$39,041,929
89$67,271,973$4,282,601$471,815$42,745,409
90$73,932,560$4,291,295$286,467$46,822,140
91$81,266,191$4,294,078$88,573$51,310,221
92$89,341,317$4,290,462$0$56,251,644
93$98,233,363$4,279,927$0$61,717,553
94$108,025,444$4,261,921$0$67,754,881
95$118,809,145$4,235,860$0$74,402,018
96$130,685,383$4,201,122$0$81,721,080
97$143,765,365$4,157,051$0$89,780,520
98$158,171,633$4,102,947$0$98,655,778
99$174,039,219$4,038,071$0$108,429,989
100$191,516,923$3,961,640$0$119,194,775