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%13.3%
1 years$215,531$213,612$211,738$209,910$208,125$205,269
2 years$106,699$104,712$102,786$100,918$99,107$96,235
3 years$70,426$68,430$66,509$64,659$62,878$60,078
4 years$52,293$50,303$48,402$46,583$44,845$42,140
5 years$41,416$39,438$37,562$35,781$34,090$31,488
6 years$34,167$32,204$30,355$28,614$26,975$24,478
7 years$28,992$27,045$25,225$23,525$21,938$19,547
8 years$25,112$23,183$21,393$19,735$18,199$15,915
9 years$22,095$20,185$18,426$16,810$15,326$13,147
10 years$19,684$17,792$16,064$14,490$13,059$10,983
11 years$17,712$15,839$14,143$12,611$11,231$9,256
12 years$16,070$14,216$12,551$11,061$9,733$7,857
13 years$14,682$12,847$11,214$9,765$8,487$6,708
14 years$13,493$11,678$10,076$8,669$7,440$5,755
15 years$12,463$10,668$9,097$7,731$6,550$4,957
16 years$11,563$9,788$8,248$6,922$5,789$4,283
17 years$10,770$9,014$7,505$6,220$5,133$3,712
18 years$10,066$8,329$6,851$5,605$4,564$3,225
19 years$9,436$7,720$6,272$5,065$4,068$2,807
20 years$8,871$7,173$5,756$4,587$3,634$2,448
21 years$8,359$6,682$5,294$4,163$3,252$2,138
22 years$7,895$6,237$4,880$3,785$2,915$1,870
23 years$7,472$5,834$4,505$3,447$2,617$1,638
24 years$7,085$5,466$4,167$3,144$2,352$1,435
25 years$6,729$5,129$3,859$2,871$2,116$1,259
26 years$6,401$4,821$3,579$2,625$1,906$1,105
27 years$6,098$4,537$3,324$2,403$1,719$971
28 years$5,817$4,275$3,090$2,202$1,551$853
29 years$5,556$4,033$2,875$2,019$1,400$750
30 years$5,313$3,809$2,678$1,853$1,265$660
31 years$5,086$3,600$2,497$1,702$1,144$581
32 years$4,873$3,407$2,330$1,564$1,035$512
33 years$4,674$3,226$2,175$1,438$936$451
34 years$4,487$3,058$2,032$1,323$848$397
35 years$4,311$2,900$1,900$1,218$768$350
36 years$4,145$2,753$1,778$1,122$696$308
37 years$3,989$2,615$1,664$1,034$631$272
38 years$3,841$2,485$1,558$953$572$239
39 years$3,701$2,363$1,460$879$518$211
40 years$3,568$2,248$1,368$810$470$186
41 years$3,442$2,140$1,283$748$427$164
42 years$3,323$2,038$1,203$690$387$145
43 years$3,209$1,942$1,129$637$351$128
44 years$3,101$1,851$1,060$588$319$113
45 years$2,998$1,765$995$543$290$99
46 years$2,900$1,684$935$502$263$88
47 years$2,806$1,607$878$463$239$77
48 years$2,716$1,534$825$428$217$68
49 years$2,630$1,465$776$396$197$60
50 years$2,548$1,399$729$366$179$53

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 $4,123 every year, while hoping to spend $37,683 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: 69/10/21 Blend
50$2,610,000$2,610,000$2,610,000$2,610,000
51$2,880,473$2,742,143$2,701,688$3,063,916
52$3,134,187$2,836,413$2,752,100$3,281,315
53$3,412,516$2,934,040$2,802,938$3,514,330
54$3,717,933$3,035,148$2,854,176$3,768,397
55$4,053,158$3,139,866$2,905,787$4,045,592
56$4,421,190$3,248,330$2,957,741$4,348,204
57$4,825,332$3,360,678$3,010,005$4,678,751
58$5,269,221$3,477,057$3,062,546$5,040,008
59$5,756,865$3,597,617$3,115,325$5,435,030
60$6,292,680$3,722,515$3,168,303$5,867,183
61$6,881,530$3,851,914$3,221,438$6,340,171
62$7,528,773$3,985,984$3,274,683$6,858,079
63$8,240,312$4,124,902$3,327,989$7,425,403
64$9,022,652$4,268,850$3,381,304$8,047,096
65$9,882,957$4,418,019$3,434,574$8,728,615
66$10,829,124$4,572,607$3,487,737$9,475,972
67$11,869,851$4,732,821$3,540,732$10,295,788
68$13,014,720$4,898,874$3,593,491$11,195,359
69$14,274,292$5,070,989$3,645,943$12,182,722
70$15,660,200$5,249,397$3,698,013$13,266,730
71$17,185,263$5,434,341$3,749,619$14,457,141
72$18,863,607$5,626,070$3,800,678$15,764,701
73$20,710,792$5,824,845$3,851,098$17,201,252
74$22,743,969$6,030,938$3,900,786$18,779,841
75$24,982,031$6,244,631$3,949,639$20,514,843
76$27,445,797$6,466,218$3,997,551$22,422,097
77$30,158,209$6,696,003$4,044,410$24,519,055
78$33,144,545$6,934,306$4,090,096$26,824,944
79$36,432,658$7,181,456$4,134,484$29,360,952
80$40,053,241$7,437,799$4,177,441$32,150,425
81$44,040,114$7,703,694$4,218,827$35,219,085
82$48,430,543$7,979,512$4,258,496$38,595,278
83$53,265,593$8,265,643$4,296,290$42,310,235
84$58,590,516$8,562,492$4,332,048$46,398,372
85$64,455,173$8,870,478$4,365,596$50,897,609
86$70,914,510$9,190,042$4,396,753$55,849,734
87$78,029,075$9,521,638$4,425,329$61,300,791
88$85,865,586$9,865,744$4,451,123$67,301,520
89$94,497,563$10,222,853$4,473,923$73,907,830
90$104,006,024$10,593,481$4,493,508$81,181,330
91$114,480,243$10,978,167$4,509,646$89,189,910
92$126,018,599$11,377,468$4,522,090$98,008,382
93$138,729,500$11,791,969$4,530,585$107,719,181
94$152,732,409$12,222,275$4,534,859$118,413,151
95$168,158,969$12,669,021$4,534,631$130,190,395
96$185,154,245$13,132,864$4,529,602$143,161,223
97$203,878,096$13,614,492$4,519,462$157,447,193
98$224,506,680$14,114,620$4,503,882$173,182,258
99$247,234,120$14,633,995$4,482,521$190,514,028
100$272,274,333$15,173,394$4,455,018$209,605,166