Can I retire at age 51 with 2,450,000?

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 $2,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$202,319$200,517$198,758$197,042$195,366$191,187
2 years$100,158$98,292$96,485$94,732$93,032$88,842
3 years$66,109$64,235$62,432$60,696$59,023$54,953
4 years$49,087$47,220$45,434$43,728$42,096$38,177
5 years$38,877$37,021$35,259$33,587$32,001$28,244
6 years$32,073$30,230$28,495$26,860$25,321$21,731
7 years$27,214$25,387$23,679$22,083$20,593$17,169
8 years$23,572$21,762$20,082$18,525$17,084$13,826
9 years$20,741$18,947$17,296$15,779$14,387$11,293
10 years$18,477$16,701$15,079$13,602$12,258$9,325
11 years$16,626$14,868$13,276$11,838$10,543$7,766
12 years$15,085$13,345$11,782$10,383$9,136$6,511
13 years$13,782$12,060$10,526$9,167$7,967$5,490
14 years$12,666$10,962$9,458$8,137$6,984$4,650
15 years$11,699$10,014$8,539$7,257$6,149$3,953
16 years$10,854$9,188$7,742$6,498$5,434$3,371
17 years$10,110$8,462$7,045$5,838$4,819$2,882
18 years$9,449$7,819$6,431$5,261$4,284$2,469
19 years$8,858$7,246$5,887$4,754$3,819$2,120
20 years$8,327$6,734$5,403$4,306$3,411$1,823
21 years$7,847$6,272$4,970$3,908$3,052$1,569
22 years$7,411$5,855$4,580$3,553$2,736$1,352
23 years$7,014$5,476$4,229$3,236$2,456$1,167
24 years$6,650$5,131$3,911$2,951$2,208$1,007
25 years$6,316$4,815$3,623$2,695$1,987$871
26 years$6,009$4,525$3,360$2,464$1,789$753
27 years$5,724$4,259$3,120$2,256$1,613$651
28 years$5,461$4,013$2,900$2,067$1,456$564
29 years$5,215$3,786$2,699$1,895$1,314$488
30 years$4,987$3,575$2,514$1,739$1,188$423
31 years$4,774$3,380$2,344$1,597$1,074$366
32 years$4,575$3,198$2,187$1,468$971$317
33 years$4,388$3,029$2,042$1,350$879$275
34 years$4,212$2,870$1,908$1,242$796$238
35 years$4,047$2,722$1,784$1,143$721$207
36 years$3,891$2,584$1,669$1,053$653$179
37 years$3,744$2,454$1,562$970$592$156
38 years$3,605$2,332$1,462$894$537$135
39 years$3,474$2,218$1,370$825$487$117
40 years$3,350$2,110$1,284$761$441$102
41 years$3,231$2,009$1,204$702$400$88
42 years$3,119$1,913$1,130$648$363$76
43 years$3,013$1,823$1,060$598$330$66
44 years$2,911$1,737$995$552$299$58
45 years$2,814$1,657$934$510$272$50
46 years$2,722$1,580$877$471$247$43
47 years$2,634$1,508$824$435$224$38
48 years$2,550$1,440$775$402$203$33
49 years$2,469$1,375$728$372$185$28
50 years$2,392$1,313$685$343$168$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,450,000, adding $6,548 every year, while hoping to spend $24,213 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: 63/32/5 Blend
50$2,450,000$2,450,000$2,450,000$2,450,000
51$2,706,654$2,576,804$2,538,829$2,874,746
52$2,956,971$2,677,305$2,598,118$3,087,985
53$3,232,008$2,781,919$2,658,581$3,317,239
54$3,534,261$2,890,822$2,720,232$3,566,893
55$3,866,481$3,004,198$2,783,085$3,838,916
56$4,231,697$3,122,239$2,847,153$4,135,478
57$4,633,247$3,245,144$2,912,449$4,458,964
58$5,074,806$3,373,125$2,978,985$4,811,997
59$5,560,428$3,506,399$3,046,772$5,197,465
60$6,094,574$3,645,196$3,115,821$5,618,543
61$6,682,163$3,789,753$3,186,144$6,078,727
62$7,328,614$3,940,321$3,257,750$6,581,862
63$8,039,896$4,097,160$3,330,648$7,132,181
64$8,822,587$4,260,542$3,404,846$7,734,344
65$9,683,935$4,430,753$3,480,353$8,393,478
66$10,631,927$4,608,090$3,557,175$9,115,228
67$11,675,360$4,792,864$3,635,318$9,905,807
68$12,823,932$4,985,399$3,714,786$10,772,057
69$14,088,325$5,186,036$3,795,583$11,721,508
70$15,480,312$5,395,128$3,877,712$12,762,453
71$17,012,862$5,613,049$3,961,174$13,904,022
72$18,700,270$5,840,184$4,045,970$15,156,268
73$20,558,285$6,076,940$4,132,097$16,530,261
74$22,604,260$6,323,741$4,219,553$18,038,192
75$24,857,320$6,581,029$4,308,332$19,693,487
76$27,338,536$6,849,268$4,398,431$21,510,929
77$30,071,127$7,128,943$4,489,839$23,506,802
78$33,080,680$7,420,560$4,582,547$25,699,039
79$36,395,390$7,724,648$4,676,543$28,107,392
80$40,046,326$8,041,762$4,771,813$30,753,615
81$44,067,724$8,372,480$4,868,341$33,661,672
82$48,497,309$8,717,409$4,966,108$36,857,956
83$53,376,654$9,077,182$5,065,092$40,371,542
84$58,751,570$9,452,461$5,165,270$44,234,455
85$64,672,538$9,843,939$5,266,614$48,481,973
86$71,195,186$10,252,342$5,369,095$53,152,960
87$78,380,815$10,678,427$5,472,680$58,290,225
88$86,296,976$11,122,987$5,577,332$63,940,933
89$95,018,106$11,586,852$5,683,011$70,157,038
90$104,626,235$12,070,890$5,789,674$76,995,780
91$115,211,756$12,576,009$5,897,274$84,520,218
92$126,874,280$13,103,158$6,005,757$92,799,823
93$139,723,576$13,653,332$6,115,069$101,911,135
94$153,880,605$14,227,570$6,225,149$111,938,479
95$169,478,666$14,826,960$6,335,930$122,974,761
96$186,664,650$15,452,641$6,447,344$135,122,339
97$205,600,428$16,105,804$6,559,313$148,493,991
98$226,464,379$16,787,695$6,671,757$163,213,973
99$249,453,072$17,499,619$6,784,588$179,419,188
100$274,783,127$18,242,941$6,897,713$197,260,481