Can I retire at age 51 with 2,550,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$210,577$208,701$206,871$205,085$203,341$200,883
2 years$104,246$102,304$100,423$98,598$96,829$94,356
3 years$68,807$66,857$64,980$63,173$61,432$59,020
4 years$51,091$49,147$47,289$45,513$43,814$41,482
5 years$40,464$38,532$36,698$34,958$33,307$31,061
6 years$33,382$31,464$29,658$27,956$26,354$24,198
7 years$28,325$26,424$24,646$22,984$21,433$19,367
8 years$24,534$22,650$20,901$19,281$17,781$15,804
9 years$21,587$19,721$18,002$16,423$14,974$13,087
10 years$19,231$17,383$15,695$14,157$12,759$10,959
11 years$17,305$15,475$13,818$12,321$10,973$9,259
12 years$15,701$13,889$12,263$10,807$9,509$7,880
13 years$14,344$12,552$10,956$9,541$8,292$6,745
14 years$13,183$11,409$9,844$8,469$7,269$5,802
15 years$12,177$10,423$8,888$7,553$6,400$5,011
16 years$11,297$9,563$8,058$6,763$5,656$4,342
17 years$10,522$8,807$7,332$6,077$5,015$3,774
18 years$9,834$8,138$6,694$5,476$4,459$3,288
19 years$9,219$7,542$6,128$4,948$3,975$2,871
20 years$8,667$7,009$5,624$4,482$3,550$2,511
21 years$8,167$6,528$5,173$4,067$3,177$2,200
22 years$7,714$6,094$4,767$3,698$2,848$1,930
23 years$7,300$5,699$4,402$3,368$2,556$1,695
24 years$6,922$5,340$4,071$3,072$2,298$1,490
25 years$6,574$5,011$3,771$2,805$2,068$1,311
26 years$6,254$4,710$3,497$2,565$1,862$1,155
27 years$5,958$4,433$3,247$2,348$1,679$1,017
28 years$5,683$4,177$3,019$2,151$1,515$897
29 years$5,428$3,940$2,809$1,973$1,368$792
30 years$5,191$3,721$2,617$1,810$1,236$699
31 years$4,969$3,518$2,439$1,663$1,118$617
32 years$4,761$3,328$2,276$1,528$1,011$545
33 years$4,567$3,152$2,125$1,405$915$482
34 years$4,384$2,988$1,986$1,293$828$426
35 years$4,212$2,834$1,856$1,190$750$376
36 years$4,050$2,690$1,737$1,096$680$333
37 years$3,897$2,554$1,625$1,010$616$294
38 years$3,753$2,428$1,522$931$559$260
39 years$3,616$2,308$1,426$858$507$230
40 years$3,486$2,196$1,337$792$459$204
41 years$3,363$2,091$1,253$730$417$180
42 years$3,247$1,991$1,176$674$378$160
43 years$3,135$1,897$1,103$622$343$141
44 years$3,030$1,808$1,036$575$312$125
45 years$2,929$1,724$972$531$283$111
46 years$2,833$1,645$913$490$257$98
47 years$2,741$1,570$858$453$233$87
48 years$2,654$1,499$806$418$212$77
49 years$2,570$1,431$758$387$192$68
50 years$2,490$1,367$713$357$175$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,550,000, adding $2,223 every year, while hoping to spend $52,464 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: 56/39/5 Blend
50$2,550,000$2,550,000$2,550,000$2,550,000
51$2,812,393$2,677,243$2,637,718$2,966,996
52$3,043,436$2,752,607$2,670,260$3,146,618
53$3,296,287$2,829,905$2,702,134$3,336,065
54$3,573,114$2,909,177$2,733,262$3,541,082
55$3,876,308$2,990,462$2,763,562$3,763,155
56$4,208,497$3,073,800$2,792,948$4,003,919
57$4,572,579$3,159,232$2,821,327$4,265,174
58$4,971,744$3,246,796$2,848,603$4,548,899
59$5,409,506$3,336,533$2,874,675$4,857,275
60$5,889,735$3,428,483$2,899,436$5,192,701
61$6,416,693$3,522,684$2,922,773$5,557,818
62$6,995,077$3,619,176$2,944,567$5,955,534
63$7,630,058$3,718,000$2,964,693$6,389,050
64$8,327,334$3,819,192$2,983,021$6,861,891
65$9,093,181$3,922,791$2,999,411$7,377,940
66$9,934,513$4,028,835$3,013,718$7,941,471
67$10,858,947$4,137,361$3,025,791$8,557,192
68$11,874,872$4,248,405$3,035,468$9,230,287
69$12,991,534$4,362,002$3,042,581$9,966,467
70$14,219,117$4,478,185$3,046,953$10,772,023
71$15,568,839$4,596,989$3,048,399$11,653,882
72$17,053,064$4,718,445$3,046,723$12,619,676
73$18,685,410$4,842,582$3,041,722$13,677,811
74$20,480,883$4,969,430$3,033,181$14,837,549
75$22,456,015$5,099,014$3,020,874$16,109,092
76$24,629,022$5,231,359$3,004,567$17,503,679
77$27,019,974$5,366,488$2,984,012$19,033,692
78$29,650,986$5,504,420$2,958,951$20,712,773
79$32,546,422$5,645,172$2,929,112$22,555,953
80$35,733,131$5,788,759$2,894,210$24,579,790
81$39,240,693$5,935,191$2,853,949$26,802,530
82$43,101,704$6,084,476$2,808,017$29,244,275
83$47,352,080$6,236,618$2,756,088$31,927,174
84$52,031,396$6,391,616$2,697,821$34,875,631
85$57,183,258$6,549,464$2,632,857$38,116,538
86$62,855,717$6,710,154$2,560,824$41,679,525
87$69,101,719$6,873,671$2,481,331$45,597,239
88$75,979,607$7,039,993$2,393,968$49,905,657
89$83,553,669$7,209,095$2,298,308$54,644,418
90$91,894,746$7,380,944$2,193,904$59,857,205
91$101,080,899$7,555,499$2,080,289$65,592,150
92$111,198,145$7,732,713$1,956,973$71,902,292
93$122,341,271$7,912,531$1,823,447$78,846,077
94$134,614,724$8,094,889$1,679,176$86,487,908
95$148,133,601$8,279,714$1,523,604$94,898,756
96$163,024,731$8,466,922$1,356,147$104,156,826
97$179,427,874$8,656,422$1,176,198$114,348,297
98$197,497,038$8,848,107$983,121$125,568,135
99$217,401,933$9,041,861$776,253$137,920,992
100$239,329,574$9,237,556$554,902$151,522,188