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

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$214,706$212,793$210,927$209,106$207,328$199,575
2 years$106,290$104,310$102,392$100,532$98,727$91,005
3 years$70,156$68,168$66,254$64,412$62,637$55,188
4 years$52,093$50,111$48,216$46,405$44,673$37,555
5 years$41,257$39,287$37,418$35,643$33,960$27,191
6 years$34,036$32,081$30,239$28,504$26,871$20,456
7 years$28,880$26,942$25,129$23,435$21,853$15,790
8 years$25,015$23,094$21,311$19,659$18,130$12,412
9 years$22,011$20,107$18,355$16,745$15,268$9,889
10 years$19,608$17,724$16,003$14,434$13,009$7,958
11 years$17,644$15,778$14,088$12,562$11,188$6,455
12 years$16,008$14,162$12,503$11,019$9,695$5,268
13 years$14,625$12,798$11,171$9,728$8,455$4,320
14 years$13,441$11,633$10,037$8,635$7,411$3,557
15 years$12,415$10,627$9,062$7,701$6,525$2,937
16 years$11,519$9,750$8,216$6,896$5,767$2,432
17 years$10,729$8,980$7,476$6,196$5,114$2,018
18 years$10,027$8,298$6,825$5,584$4,547$1,677
19 years$9,400$7,690$6,248$5,045$4,053$1,396
20 years$8,837$7,146$5,734$4,569$3,620$1,164
21 years$8,327$6,656$5,274$4,147$3,239$971
22 years$7,865$6,213$4,861$3,771$2,904$810
23 years$7,443$5,811$4,488$3,434$2,606$677
24 years$7,058$5,445$4,151$3,132$2,343$566
25 years$6,703$5,110$3,845$2,860$2,108$473
26 years$6,377$4,802$3,566$2,615$1,899$396
27 years$6,075$4,519$3,311$2,394$1,712$331
28 years$5,795$4,259$3,078$2,193$1,545$277
29 years$5,535$4,018$2,864$2,011$1,395$232
30 years$5,292$3,794$2,668$1,846$1,260$194
31 years$5,066$3,587$2,487$1,695$1,140$163
32 years$4,855$3,394$2,321$1,558$1,031$136
33 years$4,656$3,214$2,167$1,433$933$114
34 years$4,470$3,046$2,025$1,318$845$96
35 years$4,295$2,889$1,893$1,213$765$80
36 years$4,129$2,742$1,771$1,118$693$67
37 years$3,974$2,604$1,657$1,030$628$56
38 years$3,826$2,475$1,552$949$570$47
39 years$3,687$2,354$1,454$875$516$40
40 years$3,555$2,239$1,363$807$468$33
41 years$3,429$2,132$1,278$745$425$28
42 years$3,310$2,030$1,199$687$386$23
43 years$3,197$1,934$1,125$634$350$20
44 years$3,089$1,844$1,056$586$318$16
45 years$2,986$1,758$991$541$288$14
46 years$2,889$1,677$931$500$262$11
47 years$2,795$1,601$875$462$238$10
48 years$2,706$1,528$822$427$216$8
49 years$2,620$1,459$773$394$196$7
50 years$2,539$1,394$726$364$178$6

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 $5,764 every year, while hoping to spend $57,541 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: 66/11/23 Blend
50$2,600,000$2,600,000$2,600,000$2,600,000
51$2,871,146$2,733,346$2,693,046$3,043,315
52$3,102,779$2,806,056$2,722,039$3,232,470
53$3,356,111$2,880,401$2,750,076$3,432,121
54$3,633,293$2,956,400$2,777,063$3,649,066
55$3,936,696$3,034,071$2,802,901$3,885,006
56$4,268,930$3,113,431$2,827,489$4,141,819
57$4,632,868$3,194,496$2,850,717$4,421,569
58$5,031,676$3,277,282$2,872,471$4,726,535
59$5,468,839$3,361,801$2,892,631$5,059,224
60$5,948,197$3,448,065$2,911,071$5,422,400
61$6,473,977$3,536,085$2,927,656$5,819,109
62$7,050,838$3,625,868$2,942,248$6,252,705
63$7,683,909$3,717,421$2,954,698$6,726,885
64$8,378,840$3,810,747$2,964,853$7,245,723
65$9,141,856$3,905,848$2,972,550$7,813,709
66$9,979,814$4,002,723$2,977,619$8,435,788
67$10,900,266$4,101,368$2,979,881$9,117,411
68$11,911,534$4,201,775$2,979,147$9,864,584
69$13,022,783$4,303,935$2,975,221$10,683,928
70$14,244,112$4,407,833$2,967,897$11,582,735
71$15,586,647$4,513,452$2,956,956$12,569,045
72$17,062,643$4,620,770$2,942,173$13,651,716
73$18,685,605$4,729,760$2,923,308$14,840,509
74$20,470,411$4,840,392$2,900,112$16,146,183
75$22,433,451$4,952,629$2,872,324$17,580,594
76$24,592,785$5,066,430$2,839,669$19,156,807
77$26,968,312$5,181,748$2,801,861$20,889,221
78$29,581,955$5,298,529$2,758,599$22,793,704
79$32,457,870$5,416,713$2,709,568$24,887,744
80$35,622,673$5,536,232$2,654,438$27,190,614
81$39,105,690$5,657,012$2,592,867$29,723,553
82$42,939,234$5,778,969$2,524,491$32,509,967
83$47,158,910$5,902,013$2,448,936$35,575,653
84$51,803,949$6,026,041$2,365,805$38,949,039
85$56,917,579$6,150,944$2,274,687$42,661,456
86$62,547,432$6,276,601$2,175,149$46,747,431
87$68,745,995$6,402,879$2,066,741$51,245,017
88$75,571,101$6,529,634$1,948,991$56,196,149
89$83,086,477$6,656,711$1,821,407$61,647,042
90$91,362,347$6,783,938$1,683,473$67,648,629
91$100,476,088$6,911,133$1,534,651$74,257,041
92$110,512,966$7,038,096$1,374,379$81,534,136
93$121,566,938$7,164,612$1,202,070$89,548,087
94$133,741,537$7,290,449$1,017,111$98,374,024
95$147,150,851$7,415,358$818,861$108,094,744
96$161,920,596$7,539,069$606,651$118,801,496
97$178,189,307$7,661,293$379,783$130,594,837
98$196,109,639$7,781,720$137,529$143,585,591
99$215,849,814$7,900,015$0$157,895,887
100$237,595,202$8,015,823$0$173,690,016