Can I retire at age 51 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$218,835$216,885$214,983$213,127$211,315$205,291
2 years$108,334$106,316$104,361$102,465$100,626$94,604
3 years$71,505$69,479$67,528$65,650$63,841$58,010
4 years$53,094$51,074$49,143$47,297$45,532$39,936
5 years$42,051$40,043$38,137$36,329$34,613$29,267
6 years$34,691$32,698$30,821$29,053$27,388$22,298
7 years$29,436$27,460$25,612$23,886$22,274$17,439
8 years$25,496$23,538$21,721$20,037$18,478$13,896
9 years$22,434$20,494$18,708$17,067$15,561$11,227
10 years$19,985$18,065$16,310$14,712$13,259$9,168
11 years$17,983$16,082$14,359$12,804$11,403$7,547
12 years$16,316$14,434$12,744$11,231$9,882$6,254
13 years$14,907$13,044$11,386$9,915$8,617$5,210
14 years$13,699$11,857$10,230$8,801$7,554$4,358
15 years$12,654$10,831$9,236$7,849$6,651$3,659
16 years$11,740$9,938$8,374$7,028$5,878$3,080
17 years$10,935$9,152$7,620$6,315$5,212$2,599
18 years$10,220$8,457$6,956$5,691$4,634$2,198
19 years$9,581$7,838$6,368$5,142$4,131$1,861
20 years$9,007$7,283$5,844$4,657$3,689$1,579
21 years$8,487$6,784$5,376$4,227$3,302$1,341
22 years$8,016$6,333$4,954$3,843$2,959$1,139
23 years$7,587$5,923$4,575$3,500$2,657$969
24 years$7,193$5,549$4,231$3,192$2,388$825
25 years$6,832$5,208$3,918$2,915$2,149$703
26 years$6,499$4,895$3,634$2,666$1,935$599
27 years$6,192$4,606$3,375$2,440$1,745$511
28 years$5,906$4,341$3,137$2,235$1,575$436
29 years$5,641$4,095$2,919$2,050$1,422$372
30 years$5,394$3,867$2,719$1,881$1,285$317
31 years$5,164$3,656$2,535$1,728$1,161$271
32 years$4,948$3,459$2,365$1,588$1,051$231
33 years$4,746$3,276$2,209$1,460$951$197
34 years$4,556$3,105$2,064$1,344$861$168
35 years$4,377$2,945$1,929$1,237$780$144
36 years$4,209$2,795$1,805$1,139$706$123
37 years$4,050$2,655$1,689$1,050$640$105
38 years$3,900$2,523$1,582$967$580$90
39 years$3,758$2,399$1,482$892$526$77
40 years$3,623$2,282$1,389$823$477$65
41 years$3,495$2,173$1,303$759$433$56
42 years$3,374$2,069$1,222$701$393$48
43 years$3,258$1,971$1,147$647$357$41
44 years$3,149$1,879$1,076$597$324$35
45 years$3,044$1,792$1,011$551$294$30
46 years$2,944$1,710$949$509$267$26
47 years$2,849$1,631$892$471$242$22
48 years$2,758$1,557$838$435$220$19
49 years$2,671$1,487$788$402$200$16
50 years$2,587$1,421$740$371$182$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,650,000, adding $3,915 every year, while hoping to spend $24,217 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: 54/30/16 Blend
50$2,650,000$2,650,000$2,650,000$2,650,000
51$2,924,338$2,783,888$2,742,813$3,069,553
52$3,196,854$2,894,532$2,808,931$3,279,714
53$3,496,355$3,009,786$2,876,452$3,505,438
54$3,825,568$3,129,850$2,945,397$3,750,593
55$4,187,496$3,254,933$3,015,789$4,017,039
56$4,585,451$3,385,255$3,087,648$4,306,815
57$5,023,078$3,521,044$3,160,995$4,622,169
58$5,504,395$3,662,538$3,235,852$4,965,569
59$6,033,830$3,809,988$3,312,239$5,339,732
60$6,616,257$3,963,655$3,390,176$5,747,646
61$7,257,053$4,123,811$3,469,684$6,192,597
62$7,962,136$4,290,742$3,550,783$6,678,202
63$8,738,032$4,464,746$3,633,491$7,208,441
64$9,591,926$4,646,134$3,717,829$7,787,691
65$10,531,741$4,835,233$3,803,814$8,420,772
66$11,566,202$5,032,382$3,891,465$9,112,988
67$12,704,925$5,237,940$3,980,800$9,870,174
68$13,958,505$5,452,277$4,071,834$10,698,757
69$15,338,618$5,675,783$4,164,586$11,605,810
70$16,858,126$5,908,866$4,259,069$12,599,117
71$18,531,206$6,151,952$4,355,299$13,687,252
72$20,373,477$6,405,485$4,453,290$14,879,651
73$22,402,151$6,669,933$4,553,054$16,186,706
74$24,636,193$6,945,782$4,654,603$17,619,859
75$27,096,500$7,233,542$4,757,949$19,191,707
76$29,806,103$7,533,745$4,863,100$20,916,123
77$32,790,377$7,846,950$4,970,065$22,808,387
78$36,077,285$8,173,739$5,078,851$24,885,322
79$39,697,639$8,514,724$5,189,464$27,165,457
80$43,685,394$8,870,541$5,301,907$29,669,201
81$48,077,966$9,241,859$5,416,182$32,419,028
82$52,916,585$9,629,377$5,532,291$35,439,695
83$58,246,685$10,033,825$5,650,231$38,758,468
84$64,118,333$10,455,968$5,770,000$42,405,381
85$70,586,698$10,896,606$5,891,591$46,413,516
86$77,712,579$11,356,577$6,014,996$50,819,314
87$85,562,970$11,836,757$6,140,206$55,662,916
88$94,211,697$12,338,063$6,267,207$60,988,543
89$103,740,115$12,861,453$6,395,984$66,844,906
90$114,237,875$13,407,932$6,526,518$73,285,668
91$125,803,769$13,978,552$6,658,787$80,369,944
92$138,546,664$14,574,411$6,792,767$88,162,862
93$152,586,528$15,196,661$6,928,428$96,736,170
94$168,055,562$15,846,507$7,065,739$106,168,913
95$185,099,453$16,525,209$7,204,665$116,548,176
96$203,878,741$17,234,087$7,345,164$127,969,903
97$224,570,338$17,974,524$7,487,194$140,539,799
98$247,369,202$18,747,965$7,630,704$154,374,326
99$272,490,169$19,555,924$7,775,641$169,601,797
100$300,169,989$20,399,986$7,921,948$186,363,585