Can I retire at age 51 with 2,500,000?

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$206,448$204,609$202,815$201,063$199,354$194,534
2 years$102,202$100,298$98,454$96,665$94,930$90,104
3 years$67,458$65,546$63,706$61,934$60,228$55,545
4 years$50,089$48,183$46,362$44,620$42,955$38,452
5 years$39,671$37,776$35,979$34,273$32,654$28,343
6 years$32,727$30,847$29,076$27,408$25,838$21,724
7 years$27,770$25,905$24,162$22,534$21,013$17,096
8 years$24,053$22,206$20,492$18,903$17,432$13,711
9 years$21,164$19,334$17,649$16,101$14,680$11,152
10 years$18,854$17,042$15,387$13,879$12,509$9,169
11 years$16,965$15,172$13,547$12,079$10,758$7,602
12 years$15,393$13,617$12,022$10,595$9,322$6,345
13 years$14,063$12,306$10,741$9,354$8,129$5,325
14 years$12,924$11,186$9,651$8,303$7,126$4,488
15 years$11,938$10,218$8,713$7,405$6,274$3,797
16 years$11,076$9,375$7,900$6,630$5,545$3,222
17 years$10,316$8,634$7,189$5,957$4,917$2,741
18 years$9,642$7,978$6,562$5,369$4,372$2,336
19 years$9,039$7,394$6,008$4,851$3,897$1,995
20 years$8,497$6,871$5,513$4,394$3,481$1,706
21 years$8,007$6,400$5,071$3,988$3,115$1,461
22 years$7,562$5,974$4,674$3,626$2,792$1,253
23 years$7,157$5,588$4,316$3,302$2,506$1,075
24 years$6,786$5,235$3,991$3,012$2,253$923
25 years$6,445$4,913$3,697$2,750$2,027$793
26 years$6,131$4,617$3,428$2,515$1,826$682
27 years$5,841$4,346$3,184$2,302$1,646$587
28 years$5,572$4,095$2,960$2,109$1,485$505
29 years$5,322$3,863$2,754$1,934$1,341$435
30 years$5,089$3,648$2,565$1,775$1,212$374
31 years$4,871$3,449$2,392$1,630$1,096$322
32 years$4,668$3,263$2,231$1,498$991$278
33 years$4,477$3,090$2,084$1,378$897$239
34 years$4,298$2,929$1,947$1,268$812$206
35 years$4,129$2,778$1,820$1,167$736$178
36 years$3,971$2,637$1,703$1,075$666$153
37 years$3,821$2,504$1,594$990$604$132
38 years$3,679$2,380$1,492$913$548$114
39 years$3,545$2,263$1,398$841$497$98
40 years$3,418$2,153$1,310$776$450$85
41 years$3,297$2,050$1,229$716$409$73
42 years$3,183$1,952$1,153$661$371$63
43 years$3,074$1,860$1,082$610$337$54
44 years$2,970$1,773$1,015$563$305$47
45 years$2,872$1,691$953$520$277$40
46 years$2,777$1,613$895$481$252$35
47 years$2,688$1,539$841$444$229$30
48 years$2,602$1,469$791$410$208$26
49 years$2,519$1,403$743$379$189$22
50 years$2,441$1,340$699$350$171$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,500,000, adding $5,989 every year, while hoping to spend $48,822 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: 68/11/21 Blend
50$2,500,000$2,500,000$2,500,000$2,500,000
51$2,761,178$2,628,678$2,589,928$2,934,039
52$2,990,872$2,705,537$2,624,744$3,127,341
53$3,242,358$2,784,525$2,659,090$3,332,498
54$3,517,808$2,865,697$2,692,900$3,555,751
55$3,819,613$2,949,104$2,726,100$3,798,884
56$4,150,406$3,034,803$2,758,617$4,063,861
57$4,513,088$3,122,849$2,790,371$4,352,843
58$4,910,853$3,213,298$2,821,278$4,668,212
59$5,347,218$3,306,208$2,851,250$5,012,594
60$5,826,060$3,401,638$2,880,192$5,388,878
61$6,351,646$3,499,647$2,908,007$5,800,250
62$6,928,680$3,600,295$2,934,590$6,250,215
63$7,562,339$3,703,643$2,959,833$6,742,641
64$8,258,330$3,809,754$2,983,620$7,281,783
65$9,022,938$3,918,690$3,005,829$7,872,335
66$9,863,087$4,030,515$3,026,334$8,519,463
67$10,786,405$4,145,294$3,045,000$9,228,862
68$11,801,296$4,263,091$3,061,685$10,006,808
69$12,917,019$4,383,973$3,076,242$10,860,214
70$14,143,772$4,508,006$3,088,514$11,796,696
71$15,492,795$4,635,256$3,098,337$12,824,650
72$16,976,469$4,765,792$3,105,540$13,953,322
73$18,608,435$4,899,682$3,109,942$15,192,906
74$20,403,723$5,036,994$3,111,352$16,554,630
75$22,378,893$5,177,797$3,109,573$18,050,869
76$24,552,190$5,322,160$3,104,394$19,695,259
77$26,943,720$5,470,152$3,095,598$21,502,825
78$29,575,633$5,621,842$3,082,953$23,490,125
79$32,472,336$5,777,301$3,066,221$25,675,405
80$35,660,722$5,936,597$3,045,147$28,078,770
81$39,170,424$6,099,799$3,019,468$30,722,378
82$43,034,094$6,266,975$2,988,907$33,630,644
83$47,287,709$6,438,194$2,953,172$36,830,474
84$51,970,913$6,613,523$2,911,961$40,351,517
85$57,127,389$6,793,029$2,864,955$44,226,446
86$62,805,272$6,976,777$2,811,821$48,491,268
87$69,057,603$7,164,832$2,752,209$53,185,660
88$75,942,826$7,357,256$2,685,756$58,353,348
89$83,525,344$7,554,112$2,612,079$64,042,518
90$91,876,124$7,755,459$2,530,779$70,306,268
91$101,073,367$7,961,354$2,441,438$77,203,117
92$111,203,243$8,171,853$2,343,619$84,797,549
93$122,360,710$8,387,009$2,236,865$93,160,628
94$134,650,401$8,606,872$2,120,700$102,370,667
95$148,187,622$8,831,489$1,994,623$112,513,967
96$163,099,430$9,060,902$1,858,114$123,685,632
97$179,525,838$9,295,152$1,710,626$135,990,468
98$197,621,132$9,534,274$1,551,591$149,543,975
99$217,555,332$9,778,298$1,380,414$164,473,430
100$239,515,791$10,027,249$1,196,472$180,919,099