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%11.8%
1 years$185,803$184,148$182,533$180,957$179,418$178,064
2 years$91,982$90,269$88,608$86,999$85,437$84,072
3 years$60,712$58,991$57,335$55,741$54,205$52,870
4 years$45,080$43,365$41,726$40,158$38,659$37,366
5 years$35,704$33,999$32,381$30,845$29,388$28,141
6 years$29,455$27,762$26,168$24,667$23,254$22,053
7 years$24,993$23,315$21,746$20,280$18,912$17,758
8 years$21,648$19,985$18,442$17,013$15,689$14,583
9 years$19,048$17,401$15,884$14,491$13,212$12,154
10 years$16,969$15,338$13,848$12,491$11,258$10,245
11 years$15,269$13,654$12,192$10,871$9,682$8,715
12 years$13,853$12,255$10,820$9,536$8,390$7,469
13 years$12,657$11,075$9,667$8,418$7,316$6,439
14 years$11,632$10,067$8,686$7,473$6,414$5,579
15 years$10,744$9,197$7,842$6,665$5,647$4,854
16 years$9,968$8,438$7,110$5,967$4,991$4,238
17 years$9,285$7,771$6,470$5,362$4,425$3,712
18 years$8,677$7,181$5,906$4,832$3,935$3,259
19 years$8,135$6,655$5,407$4,366$3,507$2,868
20 years$7,647$6,184$4,962$3,954$3,133$2,529
21 years$7,206$5,760$4,564$3,589$2,803$2,234
22 years$6,806$5,377$4,207$3,263$2,513$1,976
23 years$6,441$5,029$3,884$2,972$2,256$1,750
24 years$6,108$4,712$3,592$2,710$2,027$1,552
25 years$5,801$4,422$3,327$2,475$1,824$1,377
26 years$5,518$4,156$3,086$2,263$1,643$1,223
27 years$5,257$3,911$2,865$2,072$1,482$1,088
28 years$5,015$3,685$2,664$1,898$1,337$967
29 years$4,790$3,477$2,479$1,741$1,207$861
30 years$4,580$3,283$2,309$1,597$1,091$767
31 years$4,384$3,104$2,152$1,467$986$683
32 years$4,201$2,937$2,008$1,348$892$609
33 years$4,029$2,781$1,875$1,240$807$543
34 years$3,868$2,636$1,752$1,141$731$485
35 years$3,716$2,500$1,638$1,050$662$432
36 years$3,574$2,373$1,532$967$600$386
37 years$3,439$2,254$1,434$891$544$344
38 years$3,311$2,142$1,343$821$493$308
39 years$3,190$2,037$1,258$757$447$275
40 years$3,076$1,938$1,179$699$405$245
41 years$2,968$1,845$1,106$644$368$219
42 years$2,865$1,757$1,037$595$334$196
43 years$2,767$1,674$973$549$303$175
44 years$2,673$1,596$914$507$275$156
45 years$2,584$1,522$858$468$250$140
46 years$2,500$1,451$806$432$227$125
47 years$2,419$1,385$757$400$206$112
48 years$2,341$1,322$711$369$187$100
49 years$2,268$1,263$669$341$170$89
50 years$2,197$1,206$629$315$154$80

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 $5,656 every year, while hoping to spend $54,529 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: 60/12/28 Blend
50$2,250,000$2,250,000$2,250,000$2,250,000
51$2,485,334$2,366,084$2,331,209$2,615,305
52$2,680,820$2,424,004$2,351,286$2,762,543
53$2,894,417$2,482,934$2,370,208$2,916,807
54$3,127,917$2,542,867$2,387,879$3,083,999
55$3,383,289$2,603,791$2,404,197$3,265,391
56$3,662,703$2,665,696$2,419,057$3,462,385
57$3,968,548$2,728,564$2,432,344$3,676,528
58$4,303,455$2,792,379$2,443,943$3,909,521
59$4,670,322$2,857,120$2,453,730$4,163,243
60$5,072,338$2,922,762$2,461,573$4,439,762
61$5,513,017$2,989,279$2,467,337$4,741,360
62$5,996,230$3,056,638$2,470,878$5,070,549
63$6,526,239$3,124,807$2,472,045$5,430,100
64$7,107,737$3,193,745$2,470,681$5,823,066
65$7,745,897$3,263,409$2,466,619$6,252,814
66$8,446,414$3,333,752$2,459,687$6,723,054
67$9,215,563$3,404,720$2,449,701$7,237,875
68$10,060,255$3,476,255$2,436,470$7,801,783
69$10,988,103$3,548,294$2,419,794$8,419,749
70$12,007,496$3,620,767$2,399,463$9,097,247
71$13,127,672$3,693,596$2,375,257$9,840,315
72$14,358,812$3,766,700$2,346,946$10,655,607
73$15,712,131$3,839,988$2,314,288$11,550,456
74$17,199,982$3,913,361$2,277,030$12,532,945
75$18,835,978$3,986,714$2,234,909$13,611,987
76$20,635,117$4,059,931$2,187,647$14,797,403
77$22,613,920$4,132,889$2,134,955$16,100,017
78$24,790,593$4,205,454$2,076,529$17,531,764
79$27,185,193$4,277,481$2,012,052$19,105,795
80$29,819,820$4,348,815$1,941,193$20,836,608
81$32,718,824$4,419,289$1,863,606$22,740,181
82$35,909,034$4,488,724$1,778,926$24,834,127
83$39,420,011$4,556,927$1,686,776$27,137,859
84$43,284,328$4,623,693$1,586,759$29,672,772
85$47,537,875$4,688,799$1,478,460$32,462,450
86$52,220,197$4,752,009$1,361,448$35,532,887
87$57,374,871$4,813,071$1,235,270$38,912,731
88$63,049,910$4,871,714$1,099,454$42,633,560
89$69,298,221$4,927,648$953,506$46,730,177
90$76,178,103$4,980,566$796,912$51,240,941
91$83,753,793$5,030,138$629,132$56,208,130
92$92,096,078$5,076,013$449,606$61,678,340
93$101,282,957$5,117,816$257,747$67,702,930
94$111,400,379$5,155,150$52,942$74,338,501
95$122,543,056$5,187,590$0$81,647,439
96$134,815,350$5,214,685$0$89,747,980
97$148,332,265$5,235,953$0$98,686,519
98$163,220,526$5,250,885$0$108,530,945
99$179,619,778$5,258,937$0$119,373,524
100$197,683,903$5,259,533$0$131,315,927