Can I retire at age 51 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$215,531$213,612$211,738$209,910$208,125$201,786
2 years$106,699$104,712$102,786$100,918$99,107$92,775
3 years$70,426$68,430$66,509$64,659$62,878$56,751
4 years$52,293$50,303$48,402$46,583$44,845$38,971
5 years$41,416$39,438$37,562$35,781$34,090$28,485
6 years$34,167$32,204$30,355$28,614$26,975$21,642
7 years$28,992$27,045$25,225$23,525$21,938$16,878
8 years$25,112$23,183$21,393$19,735$18,199$13,410
9 years$22,095$20,185$18,426$16,810$15,326$10,802
10 years$19,684$17,792$16,064$14,490$13,059$8,792
11 years$17,712$15,839$14,143$12,611$11,231$7,215
12 years$16,070$14,216$12,551$11,061$9,733$5,959
13 years$14,682$12,847$11,214$9,765$8,487$4,947
14 years$13,493$11,678$10,076$8,669$7,440$4,125
15 years$12,463$10,668$9,097$7,731$6,550$3,450
16 years$11,563$9,788$8,248$6,922$5,789$2,894
17 years$10,770$9,014$7,505$6,220$5,133$2,433
18 years$10,066$8,329$6,851$5,605$4,564$2,050
19 years$9,436$7,720$6,272$5,065$4,068$1,730
20 years$8,871$7,173$5,756$4,587$3,634$1,461
21 years$8,359$6,682$5,294$4,163$3,252$1,236
22 years$7,895$6,237$4,880$3,785$2,915$1,047
23 years$7,472$5,834$4,505$3,447$2,617$887
24 years$7,085$5,466$4,167$3,144$2,352$752
25 years$6,729$5,129$3,859$2,871$2,116$638
26 years$6,401$4,821$3,579$2,625$1,906$541
27 years$6,098$4,537$3,324$2,403$1,719$460
28 years$5,817$4,275$3,090$2,202$1,551$391
29 years$5,556$4,033$2,875$2,019$1,400$332
30 years$5,313$3,809$2,678$1,853$1,265$282
31 years$5,086$3,600$2,497$1,702$1,144$240
32 years$4,873$3,407$2,330$1,564$1,035$204
33 years$4,674$3,226$2,175$1,438$936$173
34 years$4,487$3,058$2,032$1,323$848$147
35 years$4,311$2,900$1,900$1,218$768$125
36 years$4,145$2,753$1,778$1,122$696$107
37 years$3,989$2,615$1,664$1,034$631$91
38 years$3,841$2,485$1,558$953$572$77
39 years$3,701$2,363$1,460$879$518$66
40 years$3,568$2,248$1,368$810$470$56
41 years$3,442$2,140$1,283$748$427$48
42 years$3,323$2,038$1,203$690$387$40
43 years$3,209$1,942$1,129$637$351$34
44 years$3,101$1,851$1,060$588$319$29
45 years$2,998$1,765$995$543$290$25
46 years$2,900$1,684$935$502$263$21
47 years$2,806$1,607$878$463$239$18
48 years$2,716$1,534$825$428$217$15
49 years$2,630$1,465$776$396$197$13
50 years$2,548$1,399$729$366$179$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,610,000, adding $2,626 every year, while hoping to spend $42,112 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: 49/35/16 Blend
50$2,610,000$2,610,000$2,610,000$2,610,000
51$2,878,929$2,740,599$2,700,144$3,007,074
52$3,127,773$2,830,081$2,745,792$3,185,291
53$3,400,587$2,922,537$2,791,557$3,374,221
54$3,699,773$3,018,067$2,837,400$3,578,535
55$4,027,974$3,116,777$2,883,278$3,799,693
56$4,388,102$3,218,774$2,929,142$4,039,300
57$4,783,366$3,324,171$2,974,946$4,299,121
58$5,217,298$3,433,084$3,020,636$4,581,098
59$5,693,792$3,545,634$3,066,156$4,887,369
60$6,217,134$3,661,946$3,111,448$5,220,283
61$6,792,048$3,782,148$3,156,448$5,582,430
62$7,423,738$3,906,374$3,201,089$5,976,656
63$8,117,935$4,034,762$3,245,302$6,406,097
64$8,880,955$4,167,456$3,289,010$6,874,203
65$9,719,756$4,304,604$3,332,135$7,384,772
66$10,642,001$4,446,361$3,374,592$7,941,986
67$11,656,137$4,592,884$3,416,293$8,550,449
68$12,771,468$4,744,340$3,457,143$9,215,230
69$13,998,243$4,900,899$3,497,043$9,941,910
70$15,347,759$5,062,737$3,535,889$10,736,638
71$16,832,459$5,230,040$3,573,570$11,606,181
72$18,466,053$5,402,996$3,609,968$12,557,993
73$20,263,650$5,581,802$3,644,961$13,600,285
74$22,241,895$5,766,662$3,678,420$14,742,098
75$24,419,128$5,957,789$3,710,207$15,993,391
76$26,815,559$6,155,400$3,740,178$17,365,134
77$29,453,454$6,359,723$3,768,183$18,869,408
78$32,357,350$6,570,993$3,794,061$20,519,523
79$35,554,282$6,789,454$3,817,644$22,330,139
80$39,074,041$7,015,359$3,838,757$24,317,407
81$42,949,451$7,248,970$3,857,214$26,499,117
82$47,216,684$7,490,559$3,872,819$28,894,869
83$51,915,596$7,740,406$3,885,369$31,526,253
84$57,090,105$7,998,804$3,894,647$34,417,057
85$62,788,607$8,266,057$3,900,428$37,593,488
86$69,064,427$8,542,476$3,902,476$41,084,417
87$75,976,331$8,828,389$3,900,540$44,921,653
88$83,589,069$9,124,133$3,894,361$49,140,242
89$91,973,996$9,430,057$3,883,664$53,778,799
90$101,209,739$9,746,525$3,868,162$58,879,866
91$111,382,941$10,073,914$3,847,554$64,490,317
92$122,589,079$10,412,614$3,821,525$70,661,800
93$134,933,363$10,763,029$3,789,744$77,451,220
94$148,531,730$11,125,582$3,751,865$84,921,278
95$163,511,938$11,500,707$3,707,524$93,141,062
96$180,014,771$11,888,858$3,656,341$102,186,696
97$198,195,369$12,290,503$3,597,920$112,142,059
98$218,224,689$12,706,130$3,531,843$123,099,576
99$240,291,122$13,136,245$3,457,674$135,161,086
100$264,602,267$13,581,372$3,374,957$148,438,809