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%18.5%
1 years$206,448$204,609$202,815$201,063$199,354$192,510
2 years$102,202$100,298$98,454$96,665$94,930$88,105
3 years$67,458$65,546$63,706$61,934$60,228$53,636
4 years$50,089$48,183$46,362$44,620$42,955$36,646
5 years$39,671$37,776$35,979$34,273$32,654$26,645
6 years$32,727$30,847$29,076$27,408$25,838$20,133
7 years$27,770$25,905$24,162$22,534$21,013$15,612
8 years$24,053$22,206$20,492$18,903$17,432$12,331
9 years$21,164$19,334$17,649$16,101$14,680$9,872
10 years$18,854$17,042$15,387$13,879$12,509$7,985
11 years$16,965$15,172$13,547$12,079$10,758$6,511
12 years$15,393$13,617$12,022$10,595$9,322$5,342
13 years$14,063$12,306$10,741$9,354$8,129$4,405
14 years$12,924$11,186$9,651$8,303$7,126$3,647
15 years$11,938$10,218$8,713$7,405$6,274$3,029
16 years$11,076$9,375$7,900$6,630$5,545$2,523
17 years$10,316$8,634$7,189$5,957$4,917$2,106
18 years$9,642$7,978$6,562$5,369$4,372$1,761
19 years$9,039$7,394$6,008$4,851$3,897$1,474
20 years$8,497$6,871$5,513$4,394$3,481$1,236
21 years$8,007$6,400$5,071$3,988$3,115$1,038
22 years$7,562$5,974$4,674$3,626$2,792$872
23 years$7,157$5,588$4,316$3,302$2,506$733
24 years$6,786$5,235$3,991$3,012$2,253$616
25 years$6,445$4,913$3,697$2,750$2,027$519
26 years$6,131$4,617$3,428$2,515$1,826$437
27 years$5,841$4,346$3,184$2,302$1,646$368
28 years$5,572$4,095$2,960$2,109$1,485$310
29 years$5,322$3,863$2,754$1,934$1,341$261
30 years$5,089$3,648$2,565$1,775$1,212$220
31 years$4,871$3,449$2,392$1,630$1,096$186
32 years$4,668$3,263$2,231$1,498$991$157
33 years$4,477$3,090$2,084$1,378$897$132
34 years$4,298$2,929$1,947$1,268$812$111
35 years$4,129$2,778$1,820$1,167$736$94
36 years$3,971$2,637$1,703$1,075$666$79
37 years$3,821$2,504$1,594$990$604$67
38 years$3,679$2,380$1,492$913$548$56
39 years$3,545$2,263$1,398$841$497$48
40 years$3,418$2,153$1,310$776$450$40
41 years$3,297$2,050$1,229$716$409$34
42 years$3,183$1,952$1,153$661$371$29
43 years$3,074$1,860$1,082$610$337$24
44 years$2,970$1,773$1,015$563$305$20
45 years$2,872$1,691$953$520$277$17
46 years$2,777$1,613$895$481$252$14
47 years$2,688$1,539$841$444$229$12
48 years$2,602$1,469$791$410$208$10
49 years$2,519$1,403$743$379$189$9
50 years$2,441$1,340$699$350$171$7

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 $6,994 every year, while hoping to spend $46,410 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: 46/36/18 Blend
50$2,500,000$2,500,000$2,500,000$2,500,000
51$2,762,214$2,629,714$2,590,964$2,874,795
52$2,994,580$2,709,190$2,628,382$3,033,555
53$3,249,092$2,791,005$2,665,497$3,200,483
54$3,527,960$2,875,225$2,702,252$3,380,602
55$3,833,617$2,961,916$2,738,582$3,575,159
56$4,168,744$3,051,148$2,774,423$3,785,527
57$4,536,293$3,142,991$2,809,703$4,013,216
58$4,939,515$3,237,519$2,844,349$4,259,889
59$5,381,993$3,334,804$2,878,282$4,527,373
60$5,867,671$3,434,924$2,911,419$4,817,683
61$6,400,894$3,537,957$2,943,672$5,133,035
62$6,986,450$3,643,981$2,974,950$5,475,868
63$7,629,612$3,753,080$3,005,155$5,848,868
64$8,336,188$3,865,337$3,034,183$6,254,993
65$9,112,579$3,980,837$3,061,927$6,697,499
66$9,965,833$4,099,670$3,088,273$7,179,972
67$10,903,718$4,221,923$3,113,100$7,706,360
68$11,934,790$4,347,691$3,136,282$8,281,014
69$13,068,477$4,477,066$3,157,686$8,908,721
70$14,315,164$4,610,145$3,177,171$9,594,759
71$15,686,296$4,747,027$3,194,591$10,344,937
72$17,194,478$4,887,811$3,209,790$11,165,657
73$18,853,603$5,032,602$3,222,606$12,063,968
74$20,678,976$5,181,505$3,232,869$13,047,637
75$22,687,459$5,334,626$3,240,397$14,125,219
76$24,897,633$5,492,076$3,245,003$15,306,141
77$27,329,970$5,653,966$3,246,490$16,600,785
78$30,007,028$5,820,412$3,244,648$18,020,592
79$32,953,663$5,991,529$3,239,262$19,578,165
80$36,197,260$6,167,438$3,230,101$21,287,389
81$39,767,997$6,348,260$3,216,926$23,163,563
82$43,699,127$6,534,118$3,199,487$25,223,544
83$48,027,287$6,725,139$3,177,519$27,485,904
84$52,792,852$6,921,452$3,150,747$29,971,107
85$58,040,307$7,123,188$3,118,882$32,701,699
86$63,818,675$7,330,480$3,081,621$35,702,525
87$70,181,971$7,543,465$3,038,646$39,000,959
88$77,189,718$7,762,281$2,989,627$42,627,166
89$84,907,504$7,987,068$2,934,214$46,614,381
90$93,407,604$8,217,969$2,872,045$50,999,230
91$102,769,660$8,455,129$2,802,739$55,822,069
92$113,081,432$8,698,697$2,725,897$61,127,366
93$124,439,626$8,948,821$2,641,103$66,964,124
94$136,950,808$9,205,654$2,547,920$73,386,340
95$150,732,409$9,469,350$2,445,894$80,453,515
96$165,913,831$9,740,064$2,334,547$88,231,216
97$182,637,669$10,017,954$2,213,382$96,791,696
98$201,061,058$10,303,181$2,081,877$106,214,574
99$221,357,155$10,595,906$1,939,489$116,587,585
100$243,716,772$10,896,292$1,785,649$128,007,412