Can I retire at age 51 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$212,228$210,338$208,493$206,693$204,935$198,137
2 years$105,063$103,107$101,210$99,372$97,588$90,805
3 years$69,347$67,381$65,490$63,668$61,914$55,359
4 years$51,492$49,532$47,660$45,870$44,158$37,881
5 years$40,781$38,834$36,986$35,232$33,568$27,586
6 years$33,644$31,711$29,890$28,175$26,561$20,879
7 years$28,547$26,631$24,839$23,165$21,601$16,218
8 years$24,727$22,828$21,065$19,432$17,920$12,833
9 years$21,757$19,875$18,144$16,552$15,092$10,293
10 years$19,382$17,519$15,818$14,268$12,859$8,341
11 years$17,440$15,596$13,926$12,417$11,059$6,814
12 years$15,824$13,998$12,359$10,892$9,583$5,602
13 years$14,457$12,650$11,042$9,616$8,357$4,629
14 years$13,286$11,499$9,921$8,536$7,326$3,840
15 years$12,272$10,505$8,957$7,612$6,450$3,196
16 years$11,386$9,638$8,121$6,816$5,701$2,668
17 years$10,605$8,876$7,390$6,124$5,055$2,232
18 years$9,912$8,202$6,746$5,519$4,494$1,870
19 years$9,292$7,601$6,176$4,987$4,006$1,570
20 years$8,735$7,064$5,668$4,517$3,578$1,319
21 years$8,231$6,579$5,213$4,099$3,202$1,110
22 years$7,774$6,142$4,805$3,727$2,870$934
23 years$7,358$5,744$4,436$3,394$2,576$787
24 years$6,976$5,382$4,103$3,096$2,316$664
25 years$6,626$5,051$3,800$2,827$2,084$560
26 years$6,303$4,747$3,524$2,585$1,877$473
27 years$6,005$4,467$3,273$2,366$1,692$399
28 years$5,728$4,209$3,042$2,168$1,527$337
29 years$5,471$3,971$2,831$1,988$1,379$285
30 years$5,231$3,750$2,637$1,825$1,246$241
31 years$5,008$3,545$2,459$1,676$1,126$203
32 years$4,799$3,355$2,294$1,540$1,019$172
33 years$4,602$3,177$2,142$1,416$922$145
34 years$4,418$3,011$2,001$1,303$835$123
35 years$4,245$2,856$1,871$1,199$756$104
36 years$4,082$2,711$1,750$1,105$685$88
37 years$3,928$2,574$1,638$1,018$621$74
38 years$3,782$2,447$1,534$938$563$63
39 years$3,644$2,327$1,437$865$510$53
40 years$3,514$2,213$1,347$798$463$45
41 years$3,390$2,107$1,263$736$420$38
42 years$3,272$2,007$1,185$679$381$32
43 years$3,160$1,912$1,112$627$346$27
44 years$3,054$1,822$1,044$579$314$23
45 years$2,952$1,738$980$535$285$19
46 years$2,855$1,658$920$494$259$16
47 years$2,763$1,582$865$456$235$14
48 years$2,674$1,510$813$422$213$12
49 years$2,590$1,442$764$390$194$10
50 years$2,509$1,378$718$360$176$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,570,000, adding $2,105 every year, while hoping to spend $56,162 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: 56/15/29 Blend
50$2,570,000$2,570,000$2,570,000$2,570,000
51$2,834,311$2,698,101$2,658,266$2,970,218
52$3,063,655$2,770,552$2,687,562$3,136,525
53$3,314,510$2,844,671$2,715,957$3,311,645
54$3,589,010$2,920,480$2,743,362$3,501,331
55$3,889,506$2,998,001$2,769,682$3,707,008
56$4,218,587$3,077,255$2,794,818$3,930,248
57$4,579,104$3,158,261$2,818,665$4,172,782
58$4,974,195$3,241,038$2,841,113$4,436,516
59$5,407,318$3,325,604$2,862,045$4,723,554
60$5,882,281$3,411,975$2,881,340$5,036,210
61$6,403,278$3,500,166$2,898,870$5,377,037
62$6,974,928$3,590,190$2,914,498$5,748,848
63$7,602,320$3,682,059$2,928,082$6,154,741
64$8,291,058$3,775,781$2,939,474$6,598,133
65$9,047,317$3,871,365$2,948,517$7,082,788
66$9,877,896$3,968,815$2,955,046$7,612,855
67$10,790,289$4,068,135$2,958,888$8,192,906
68$11,792,749$4,169,324$2,959,861$8,827,980
69$12,894,368$4,272,379$2,957,775$9,523,631
70$14,105,163$4,377,295$2,952,430$10,285,980
71$15,436,170$4,484,063$2,943,616$11,121,774
72$16,899,546$4,592,669$2,931,114$12,038,446
73$18,508,687$4,703,096$2,914,693$13,044,193
74$20,278,349$4,815,324$2,894,112$14,148,045
75$22,224,793$4,929,327$2,869,117$15,359,958
76$24,365,933$5,045,075$2,839,443$16,690,902
77$26,721,507$5,162,533$2,804,813$18,152,971
78$29,313,262$5,281,658$2,764,936$19,759,491
79$32,165,160$5,402,405$2,719,507$21,525,151
80$35,303,603$5,524,720$2,668,207$23,466,140
81$38,757,682$5,648,542$2,610,703$25,600,303
82$42,559,450$5,773,805$2,546,646$27,947,304
83$46,744,225$5,900,433$2,475,670$30,528,819
84$51,350,924$6,028,343$2,397,394$33,368,736
85$56,422,429$6,157,442$2,311,416$36,493,385
86$62,005,989$6,287,628$2,217,321$39,931,783
87$68,153,668$6,418,791$2,114,670$43,715,912
88$74,922,838$6,550,807$2,003,007$47,881,022
89$82,376,714$6,683,544$1,881,855$52,465,959
90$90,584,956$6,816,854$1,750,713$57,513,540
91$99,624,321$6,950,580$1,609,062$63,070,954
92$109,579,392$7,084,549$1,456,356$69,190,207
93$120,543,373$7,218,574$1,292,026$75,928,619
94$132,618,966$7,352,453$1,115,478$83,349,358
95$145,919,345$7,485,967$926,091$91,522,048
96$160,569,219$7,618,882$723,217$100,523,418
97$176,706,014$7,750,941$506,179$110,438,033
98$194,481,161$7,881,870$274,270$121,359,091
99$214,061,534$8,011,377$26,752$133,389,306
100$235,631,019$8,139,143$0$146,641,877