Can I retire at age 51 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$214,706$212,793$210,927$209,106$207,328$203,225
2 years$106,290$104,310$102,392$100,532$98,727$94,611
3 years$70,156$68,168$66,254$64,412$62,637$58,635
4 years$52,093$50,111$48,216$46,405$44,673$40,818
5 years$41,257$39,287$37,418$35,643$33,960$30,261
6 years$34,036$32,081$30,239$28,504$26,871$23,333
7 years$28,880$26,942$25,129$23,435$21,853$18,477
8 years$25,015$23,094$21,311$19,659$18,130$14,914
9 years$22,011$20,107$18,355$16,745$15,268$12,211
10 years$19,608$17,724$16,003$14,434$13,009$10,107
11 years$17,644$15,778$14,088$12,562$11,188$8,439
12 years$16,008$14,162$12,503$11,019$9,695$7,094
13 years$14,625$12,798$11,171$9,728$8,455$5,997
14 years$13,441$11,633$10,037$8,635$7,411$5,093
15 years$12,415$10,627$9,062$7,701$6,525$4,342
16 years$11,519$9,750$8,216$6,896$5,767$3,713
17 years$10,729$8,980$7,476$6,196$5,114$3,184
18 years$10,027$8,298$6,825$5,584$4,547$2,736
19 years$9,400$7,690$6,248$5,045$4,053$2,356
20 years$8,837$7,146$5,734$4,569$3,620$2,031
21 years$8,327$6,656$5,274$4,147$3,239$1,754
22 years$7,865$6,213$4,861$3,771$2,904$1,517
23 years$7,443$5,811$4,488$3,434$2,606$1,313
24 years$7,058$5,445$4,151$3,132$2,343$1,137
25 years$6,703$5,110$3,845$2,860$2,108$986
26 years$6,377$4,802$3,566$2,615$1,899$855
27 years$6,075$4,519$3,311$2,394$1,712$742
28 years$5,795$4,259$3,078$2,193$1,545$644
29 years$5,535$4,018$2,864$2,011$1,395$560
30 years$5,292$3,794$2,668$1,846$1,260$486
31 years$5,066$3,587$2,487$1,695$1,140$423
32 years$4,855$3,394$2,321$1,558$1,031$368
33 years$4,656$3,214$2,167$1,433$933$320
34 years$4,470$3,046$2,025$1,318$845$278
35 years$4,295$2,889$1,893$1,213$765$242
36 years$4,129$2,742$1,771$1,118$693$211
37 years$3,974$2,604$1,657$1,030$628$183
38 years$3,826$2,475$1,552$949$570$159
39 years$3,687$2,354$1,454$875$516$139
40 years$3,555$2,239$1,363$807$468$121
41 years$3,429$2,132$1,278$745$425$105
42 years$3,310$2,030$1,199$687$386$92
43 years$3,197$1,934$1,125$634$350$80
44 years$3,089$1,844$1,056$586$318$69
45 years$2,986$1,758$991$541$288$60
46 years$2,889$1,677$931$500$262$53
47 years$2,795$1,601$875$462$238$46
48 years$2,706$1,528$822$427$216$40
49 years$2,620$1,459$773$394$196$35
50 years$2,539$1,394$726$364$178$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,600,000, adding $3,596 every year, while hoping to spend $49,213 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: 39/41/20 Blend
50$2,600,000$2,600,000$2,600,000$2,600,000
51$2,868,909$2,731,109$2,690,809$2,963,566
52$3,109,176$2,812,571$2,728,589$3,113,406
53$3,372,300$2,896,376$2,765,985$3,270,374
54$3,660,562$2,982,585$2,802,933$3,439,091
55$3,976,471$3,071,264$2,839,363$3,620,649
56$4,322,793$3,162,477$2,875,203$3,816,250
57$4,702,572$3,256,293$2,910,377$4,027,216
58$5,119,163$3,352,780$2,944,803$4,255,001
59$5,576,259$3,452,008$2,978,396$4,501,204
60$6,077,930$3,554,049$3,011,064$4,767,588
61$6,628,657$3,658,976$3,042,714$5,056,090
62$7,233,378$3,766,863$3,073,242$5,368,844
63$7,897,532$3,877,788$3,102,545$5,708,198
64$8,627,109$3,991,829$3,130,509$6,076,738
65$9,428,709$4,109,064$3,157,017$6,477,310
66$10,309,605$4,229,576$3,181,944$6,913,049
67$11,277,806$4,353,446$3,205,160$7,387,406
68$12,342,136$4,480,759$3,226,527$7,904,182
69$13,512,319$4,611,602$3,245,901$8,467,562
70$14,799,067$4,746,061$3,263,130$9,082,157
71$16,214,180$4,884,226$3,278,053$9,753,044
72$17,770,661$5,026,188$3,290,503$10,485,817
73$19,482,837$5,172,040$3,300,303$11,286,634
74$21,366,491$5,321,874$3,307,267$12,162,284
75$23,439,014$5,475,787$3,311,202$13,120,239
76$25,719,568$5,633,875$3,311,902$14,168,737
77$28,229,267$5,796,238$3,309,154$15,316,849
78$30,991,374$5,962,976$3,302,732$16,574,571
79$34,031,521$6,134,189$3,292,401$17,952,913
80$37,377,953$6,309,980$3,277,913$19,464,008
81$41,061,790$6,490,455$3,259,009$21,121,222
82$45,117,324$6,675,719$3,235,417$22,939,283
83$49,582,340$6,865,879$3,206,853$24,934,417
84$54,498,474$7,061,042$3,173,017$27,124,505
85$59,911,604$7,261,318$3,133,599$29,529,245
86$65,872,283$7,466,818$3,088,270$32,170,345
87$72,436,217$7,677,653$3,036,688$35,071,724
88$79,664,788$7,893,936$2,978,494$38,259,736
89$87,625,636$8,115,778$2,913,313$41,763,424
90$96,393,294$8,343,294$2,840,752$45,614,788
91$106,049,894$8,576,599$2,760,401$49,849,092
92$116,685,938$8,815,807$2,671,829$54,505,192
93$128,401,155$9,061,033$2,574,587$59,625,907
94$141,305,442$9,312,393$2,468,204$65,258,421
95$155,519,898$9,570,001$2,352,190$71,454,729
96$171,177,970$9,833,973$2,226,031$78,272,126
97$188,426,708$10,104,424$2,089,189$85,773,752
98$207,428,159$10,381,467$1,941,103$94,029,183
99$228,360,889$10,665,216$1,781,187$103,115,091
100$251,421,671$10,955,783$1,608,829$113,115,969