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%15.7%
1 years$218,835$216,885$214,983$213,127$211,315$206,374
2 years$108,334$106,316$104,361$102,465$100,626$95,676
3 years$71,505$69,479$67,528$65,650$63,841$59,037
4 years$53,094$51,074$49,143$47,297$45,532$40,911
5 years$42,051$40,043$38,137$36,329$34,613$30,187
6 years$34,691$32,698$30,821$29,053$27,388$23,163
7 years$29,436$27,460$25,612$23,886$22,274$18,249
8 years$25,496$23,538$21,721$20,037$18,478$14,653
9 years$22,434$20,494$18,708$17,067$15,561$11,932
10 years$19,985$18,065$16,310$14,712$13,259$9,822
11 years$17,983$16,082$14,359$12,804$11,403$8,154
12 years$16,316$14,434$12,744$11,231$9,882$6,815
13 years$14,907$13,044$11,386$9,915$8,617$5,727
14 years$13,699$11,857$10,230$8,801$7,554$4,834
15 years$12,654$10,831$9,236$7,849$6,651$4,095
16 years$11,740$9,938$8,374$7,028$5,878$3,480
17 years$10,935$9,152$7,620$6,315$5,212$2,964
18 years$10,220$8,457$6,956$5,691$4,634$2,531
19 years$9,581$7,838$6,368$5,142$4,131$2,164
20 years$9,007$7,283$5,844$4,657$3,689$1,854
21 years$8,487$6,784$5,376$4,227$3,302$1,590
22 years$8,016$6,333$4,954$3,843$2,959$1,365
23 years$7,587$5,923$4,575$3,500$2,657$1,173
24 years$7,193$5,549$4,231$3,192$2,388$1,009
25 years$6,832$5,208$3,918$2,915$2,149$868
26 years$6,499$4,895$3,634$2,666$1,935$748
27 years$6,192$4,606$3,375$2,440$1,745$644
28 years$5,906$4,341$3,137$2,235$1,575$555
29 years$5,641$4,095$2,919$2,050$1,422$479
30 years$5,394$3,867$2,719$1,881$1,285$413
31 years$5,164$3,656$2,535$1,728$1,161$356
32 years$4,948$3,459$2,365$1,588$1,051$308
33 years$4,746$3,276$2,209$1,460$951$266
34 years$4,556$3,105$2,064$1,344$861$229
35 years$4,377$2,945$1,929$1,237$780$198
36 years$4,209$2,795$1,805$1,139$706$171
37 years$4,050$2,655$1,689$1,050$640$148
38 years$3,900$2,523$1,582$967$580$128
39 years$3,758$2,399$1,482$892$526$110
40 years$3,623$2,282$1,389$823$477$95
41 years$3,495$2,173$1,303$759$433$82
42 years$3,374$2,069$1,222$701$393$71
43 years$3,258$1,971$1,147$647$357$61
44 years$3,149$1,879$1,076$597$324$53
45 years$3,044$1,792$1,011$551$294$46
46 years$2,944$1,710$949$509$267$40
47 years$2,849$1,631$892$471$242$34
48 years$2,758$1,557$838$435$220$30
49 years$2,671$1,487$788$402$200$26
50 years$2,587$1,421$740$371$182$22

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 $3,969 every year, while hoping to spend $55,027 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: 66/19/15 Blend
50$2,650,000$2,650,000$2,650,000$2,650,000
51$2,924,394$2,783,944$2,742,869$3,106,717
52$3,164,134$2,861,809$2,776,207$3,306,887
53$3,426,483$2,941,645$2,808,817$3,518,817
54$3,713,689$3,023,491$2,840,618$3,749,106
55$4,028,228$3,107,385$2,871,521$3,999,548
56$4,372,826$3,193,365$2,901,436$4,272,121
57$4,750,485$3,281,471$2,930,265$4,569,000
58$5,164,512$3,371,740$2,957,906$4,892,582
59$5,618,548$3,464,211$2,984,251$5,245,508
60$6,116,604$3,558,922$3,009,188$5,630,684
61$6,663,099$3,655,909$3,032,596$6,051,312
62$7,262,897$3,755,211$3,054,351$6,510,921
63$7,921,360$3,856,864$3,074,319$7,013,396
64$8,644,393$3,960,904$3,092,363$7,563,017
65$9,438,498$4,067,366$3,108,334$8,164,500
66$10,310,843$4,176,285$3,122,081$8,823,039
67$11,269,320$4,287,694$3,133,442$9,544,356
68$12,322,624$4,401,625$3,142,246$10,334,758
69$13,480,336$4,518,109$3,148,316$11,201,190
70$14,753,011$4,637,176$3,151,464$12,151,306
71$16,152,275$4,758,855$3,151,495$13,193,539
72$17,690,939$4,883,171$3,148,203$14,337,178
73$19,383,118$5,010,149$3,141,371$15,592,463
74$21,244,362$5,139,812$3,130,772$16,970,671
75$23,291,803$5,272,180$3,116,170$18,484,233
76$25,544,320$5,407,270$3,097,315$20,146,843
77$28,022,712$5,545,097$3,073,946$21,973,591
78$30,749,895$5,685,673$3,045,789$23,981,106
79$33,751,120$5,829,007$3,012,559$26,187,711
80$37,054,209$5,975,103$2,973,954$28,613,595
81$40,689,818$6,123,962$2,929,661$31,281,008
82$44,691,725$6,275,583$2,879,351$34,214,465
83$49,097,151$6,429,956$2,822,679$37,440,984
84$53,947,107$6,587,070$2,759,285$40,990,335
85$59,286,783$6,746,908$2,688,792$44,895,323
86$65,165,973$6,909,445$2,610,805$49,192,100
87$71,639,547$7,074,652$2,524,912$53,920,504
88$78,767,965$7,242,494$2,430,680$59,124,435
89$86,617,848$7,412,927$2,327,659$64,852,270
90$95,262,610$7,585,902$2,215,377$71,157,322
91$104,783,144$7,761,359$2,093,340$78,098,337
92$115,268,590$7,939,231$1,961,033$85,740,058
93$126,817,176$8,119,443$1,817,916$94,153,827
94$139,537,139$8,301,907$1,663,428$103,418,266
95$153,547,755$8,486,528$1,496,980$113,620,014
96$168,980,454$8,673,196$1,317,958$124,854,548
97$185,980,070$8,861,793$1,125,719$137,227,085
98$204,706,201$9,052,184$919,594$150,853,575
99$225,334,715$9,244,223$698,883$165,861,793
100$248,059,416$9,437,750$462,855$182,392,551