Can I retire at age 51 with 2,580,000?

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 $2,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$213,054$211,156$209,305$207,497$205,733$200,029
2 years$105,472$103,508$101,604$99,758$97,968$92,264
3 years$69,616$67,644$65,745$63,916$62,155$56,630
4 years$51,692$49,725$47,845$46,048$44,329$39,025
5 years$40,940$38,985$37,130$35,369$33,699$28,630
6 years$33,775$31,834$30,006$28,285$26,664$21,836
7 years$28,658$26,734$24,936$23,255$21,685$17,097
8 years$24,823$22,916$21,147$19,508$17,990$13,640
9 years$21,841$19,953$18,214$16,616$15,150$11,034
10 years$19,457$17,587$15,880$14,323$12,909$9,021
11 years$17,508$15,657$13,980$12,466$11,102$7,436
12 years$15,885$14,053$12,407$10,934$9,621$6,170
13 years$14,513$12,700$11,085$9,653$8,389$5,147
14 years$13,338$11,544$9,960$8,569$7,354$4,311
15 years$12,320$10,545$8,992$7,642$6,475$3,624
16 years$11,430$9,675$8,153$6,843$5,723$3,056
17 years$10,646$8,910$7,419$6,148$5,074$2,582
18 years$9,950$8,234$6,772$5,541$4,512$2,187
19 years$9,328$7,631$6,200$5,006$4,021$1,855
20 years$8,769$7,091$5,690$4,534$3,592$1,576
21 years$8,263$6,605$5,234$4,115$3,214$1,340
22 years$7,804$6,166$4,824$3,742$2,881$1,141
23 years$7,386$5,766$4,454$3,408$2,586$972
24 years$7,003$5,403$4,119$3,108$2,325$829
25 years$6,652$5,070$3,815$2,838$2,092$707
26 years$6,328$4,765$3,538$2,595$1,884$603
27 years$6,028$4,485$3,285$2,375$1,699$515
28 years$5,750$4,226$3,054$2,176$1,533$440
29 years$5,492$3,987$2,842$1,996$1,384$376
30 years$5,252$3,765$2,647$1,832$1,251$322
31 years$5,027$3,559$2,468$1,682$1,131$275
32 years$4,817$3,368$2,303$1,546$1,023$235
33 years$4,620$3,189$2,150$1,422$926$201
34 years$4,436$3,023$2,009$1,308$838$172
35 years$4,262$2,867$1,878$1,204$759$147
36 years$4,098$2,721$1,757$1,109$688$126
37 years$3,943$2,584$1,645$1,022$623$108
38 years$3,797$2,456$1,540$942$565$92
39 years$3,658$2,336$1,443$868$512$79
40 years$3,527$2,222$1,352$801$465$68
41 years$3,403$2,115$1,268$739$422$58
42 years$3,285$2,014$1,190$682$383$49
43 years$3,172$1,919$1,116$630$347$42
44 years$3,065$1,830$1,048$581$315$36
45 years$2,963$1,745$984$537$286$31
46 years$2,866$1,664$924$496$260$27
47 years$2,774$1,588$868$458$236$23
48 years$2,685$1,516$816$423$214$19
49 years$2,600$1,448$767$391$195$17
50 years$2,519$1,383$721$362$177$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,580,000, adding $5,707 every year, while hoping to spend $59,874 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: 59/33/8 Blend
50$2,580,000$2,580,000$2,580,000$2,580,000
51$2,849,047$2,712,307$2,672,317$3,011,794
52$3,075,944$2,781,504$2,698,134$3,190,907
53$3,323,978$2,852,086$2,722,809$3,378,806
54$3,595,242$2,924,056$2,746,241$3,582,191
55$3,892,039$2,997,417$2,768,323$3,802,553
56$4,216,908$3,072,171$2,788,942$4,041,532
57$4,572,641$3,148,316$2,807,980$4,300,935
58$4,962,315$3,225,849$2,825,313$4,582,751
59$5,389,320$3,304,764$2,840,809$4,889,171
60$5,857,385$3,385,052$2,854,331$5,222,606
61$6,370,621$3,466,702$2,865,734$5,585,713
62$6,933,555$3,549,701$2,874,866$5,981,418
63$7,551,171$3,634,030$2,881,568$6,412,942
64$8,228,962$3,719,669$2,885,672$6,883,836
65$8,972,975$3,806,592$2,887,001$7,398,009
66$9,789,875$3,894,771$2,885,372$7,959,769
67$10,687,001$3,984,174$2,880,591$8,573,860
68$11,672,439$4,074,762$2,872,454$9,245,510
69$12,755,094$4,166,492$2,860,748$9,980,478
70$13,944,781$4,259,317$2,845,250$10,785,110
71$15,252,309$4,353,184$2,825,727$11,666,395
72$16,689,588$4,448,033$2,801,931$12,632,037
73$18,269,737$4,543,798$2,773,607$13,690,523
74$20,007,213$4,640,407$2,740,486$14,851,203
75$21,917,941$4,737,779$2,702,284$16,124,383
76$24,019,468$4,835,827$2,658,708$17,521,416
77$26,331,126$4,934,456$2,609,447$19,054,813
78$28,874,216$5,033,559$2,554,179$20,738,361
79$31,672,207$5,133,025$2,492,565$22,587,252
80$34,750,957$5,232,728$2,424,251$24,618,226
81$38,138,958$5,332,534$2,348,866$26,849,731
82$41,867,601$5,432,298$2,266,023$29,302,096
83$45,971,478$5,531,862$2,175,316$31,997,723
84$50,488,702$5,631,057$2,076,323$34,961,300
85$55,461,269$5,729,698$1,968,599$38,220,031
86$60,935,453$5,827,588$1,851,682$41,803,898
87$66,962,244$5,924,514$1,725,088$45,745,938
88$73,597,826$6,020,249$1,588,311$50,082,562
89$80,904,109$6,114,545$1,440,824$54,853,894
90$88,949,310$6,207,140$1,282,074$60,104,151
91$97,808,601$6,297,751$1,111,484$65,882,062
92$107,564,813$6,386,075$928,454$72,241,330
93$118,309,220$6,471,790$732,353$79,241,135
94$130,142,400$6,554,547$522,527$86,946,697
95$143,175,182$6,633,977$298,288$95,429,891
96$157,529,693$6,709,684$58,923$104,769,925
97$173,340,509$6,781,246$0$115,054,092
98$190,755,926$6,848,212$0$126,395,365
99$209,939,358$6,910,102$0$138,889,443
100$231,070,880$6,966,404$0$152,648,195