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

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$218,835$216,885$214,983$213,127$211,315$208,501
2 years$108,334$106,316$104,361$102,465$100,626$97,796
3 years$71,505$69,479$67,528$65,650$63,841$61,083
4 years$53,094$51,074$49,143$47,297$45,532$42,866
5 years$42,051$40,043$38,137$36,329$34,613$32,047
6 years$34,691$32,698$30,821$29,053$27,388$24,926
7 years$29,436$27,460$25,612$23,886$22,274$19,916
8 years$25,496$23,538$21,721$20,037$18,478$16,225
9 years$22,434$20,494$18,708$17,067$15,561$13,411
10 years$19,985$18,065$16,310$14,712$13,259$11,210
11 years$17,983$16,082$14,359$12,804$11,403$9,454
12 years$16,316$14,434$12,744$11,231$9,882$8,030
13 years$14,907$13,044$11,386$9,915$8,617$6,860
14 years$13,699$11,857$10,230$8,801$7,554$5,889
15 years$12,654$10,831$9,236$7,849$6,651$5,076
16 years$11,740$9,938$8,374$7,028$5,878$4,389
17 years$10,935$9,152$7,620$6,315$5,212$3,807
18 years$10,220$8,457$6,956$5,691$4,634$3,309
19 years$9,581$7,838$6,368$5,142$4,131$2,883
20 years$9,007$7,283$5,844$4,657$3,689$2,516
21 years$8,487$6,784$5,376$4,227$3,302$2,199
22 years$8,016$6,333$4,954$3,843$2,959$1,925
23 years$7,587$5,923$4,575$3,500$2,657$1,687
24 years$7,193$5,549$4,231$3,192$2,388$1,479
25 years$6,832$5,208$3,918$2,915$2,149$1,299
26 years$6,499$4,895$3,634$2,666$1,935$1,141
27 years$6,192$4,606$3,375$2,440$1,745$1,003
28 years$5,906$4,341$3,137$2,235$1,575$882
29 years$5,641$4,095$2,919$2,050$1,422$777
30 years$5,394$3,867$2,719$1,881$1,285$684
31 years$5,164$3,656$2,535$1,728$1,161$602
32 years$4,948$3,459$2,365$1,588$1,051$531
33 years$4,746$3,276$2,209$1,460$951$468
34 years$4,556$3,105$2,064$1,344$861$412
35 years$4,377$2,945$1,929$1,237$780$364
36 years$4,209$2,795$1,805$1,139$706$321
37 years$4,050$2,655$1,689$1,050$640$283
38 years$3,900$2,523$1,582$967$580$250
39 years$3,758$2,399$1,482$892$526$220
40 years$3,623$2,282$1,389$823$477$194
41 years$3,495$2,173$1,303$759$433$172
42 years$3,374$2,069$1,222$701$393$152
43 years$3,258$1,971$1,147$647$357$134
44 years$3,149$1,879$1,076$597$324$118
45 years$3,044$1,792$1,011$551$294$104
46 years$2,944$1,710$949$509$267$92
47 years$2,849$1,631$892$471$242$81
48 years$2,758$1,557$838$435$220$72
49 years$2,671$1,487$788$402$200$63
50 years$2,587$1,421$740$371$182$56

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 $2,137 every year, while hoping to spend $32,076 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: 39/32/29 Blend
50$2,650,000$2,650,000$2,650,000$2,650,000
51$2,922,504$2,782,054$2,740,979$3,011,283
52$3,186,471$2,884,246$2,798,674$3,178,694
53$3,476,288$2,990,371$2,857,225$3,356,494
54$3,794,556$3,100,586$2,916,630$3,548,154
55$4,144,145$3,215,059$2,976,881$3,754,958
56$4,528,211$3,333,960$3,037,970$3,978,322
57$4,950,235$3,457,471$3,099,888$4,219,796
58$5,414,050$3,585,778$3,162,626$4,481,090
59$5,923,880$3,719,078$3,226,170$4,764,080
60$6,484,376$3,857,573$3,290,508$5,070,831
61$7,100,666$4,001,477$3,355,622$5,403,611
62$7,778,395$4,151,011$3,421,497$5,764,917
63$8,523,787$4,306,406$3,488,113$6,157,496
64$9,343,697$4,467,904$3,555,449$6,584,369
65$10,245,678$4,635,755$3,623,480$7,048,858
66$11,238,052$4,810,222$3,692,181$7,554,621
67$12,329,988$4,991,578$3,761,525$8,105,683
68$13,531,591$5,180,109$3,831,479$8,706,471
69$14,853,991$5,376,112$3,902,011$9,361,861
70$16,309,454$5,579,897$3,973,085$10,077,218
71$17,911,496$5,791,790$4,044,661$10,858,446
72$19,675,008$6,012,127$4,116,697$11,712,047
73$21,616,399$6,241,262$4,189,147$12,645,179
74$23,753,750$6,479,562$4,261,961$13,665,721
75$26,106,985$6,727,412$4,335,089$14,782,348
76$28,698,055$6,985,213$4,408,472$16,004,614
77$31,551,151$7,253,383$4,482,050$17,343,037
78$34,692,929$7,532,360$4,555,759$18,809,201
79$38,152,760$7,822,598$4,629,530$20,415,861
80$41,963,010$8,124,574$4,703,288$22,177,066
81$46,159,344$8,438,785$4,776,955$24,108,287
82$50,781,061$8,765,750$4,850,447$26,226,563
83$55,871,468$9,106,010$4,923,676$28,550,662
84$61,478,284$9,460,131$4,996,545$31,101,254
85$67,654,096$9,828,703$5,068,956$33,901,108
86$74,456,848$10,212,345$5,140,801$36,975,304
87$81,950,395$10,611,698$5,211,966$40,351,466
88$90,205,101$11,027,437$5,282,333$44,060,026
89$99,298,504$11,460,264$5,351,773$48,134,506
90$109,316,046$11,910,912$5,420,153$52,611,835
91$120,351,885$12,380,148$5,487,330$57,532,692
92$132,509,776$12,868,774$5,553,154$62,941,896
93$145,904,054$13,377,625$5,617,466$68,888,817
94$160,660,715$13,907,576$5,680,098$75,427,851
95$176,918,600$14,459,540$5,740,874$82,618,921
96$194,830,710$15,034,470$5,799,606$90,528,049
97$214,565,647$15,633,364$5,856,097$99,227,972
98$236,309,208$16,257,263$5,910,141$108,798,831
99$260,266,134$16,907,256$5,961,517$119,328,918
100$286,662,048$17,584,480$6,009,997$130,915,516