Can I retire at age 51 with 2,660,000?

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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$219,660$217,704$215,795$213,932$212,112$208,856
2 years$108,743$106,717$104,755$102,852$101,006$97,733
3 years$71,775$69,741$67,783$65,898$64,082$60,895
4 years$53,295$51,267$49,329$47,476$45,704$42,627
5 years$42,210$40,194$38,281$36,466$34,743$31,785
6 years$34,822$32,821$30,937$29,162$27,491$24,655
7 years$29,547$27,563$25,709$23,976$22,358$19,645
8 years$25,593$23,627$21,803$20,113$18,548$15,958
9 years$22,519$20,571$18,779$17,132$15,620$13,151
10 years$20,061$18,133$16,372$14,768$13,309$10,960
11 years$18,051$16,143$14,414$12,852$11,446$9,214
12 years$16,378$14,489$12,792$11,273$9,919$7,801
13 years$14,963$13,094$11,429$9,952$8,650$6,643
14 years$13,751$11,902$10,269$8,835$7,582$5,683
15 years$12,702$10,872$9,271$7,879$6,676$4,882
16 years$11,785$9,975$8,406$7,055$5,900$4,207
17 years$10,976$9,187$7,649$6,339$5,232$3,636
18 years$10,259$8,489$6,982$5,712$4,652$3,149
19 years$9,617$7,868$6,392$5,162$4,146$2,734
20 years$9,040$7,311$5,866$4,675$3,703$2,377
21 years$8,519$6,810$5,396$4,243$3,314$2,070
22 years$8,046$6,357$4,973$3,858$2,971$1,805
23 years$7,615$5,945$4,592$3,513$2,667$1,575
24 years$7,220$5,570$4,247$3,204$2,397$1,376
25 years$6,858$5,227$3,933$2,926$2,157$1,204
26 years$6,524$4,913$3,648$2,676$1,943$1,053
27 years$6,215$4,624$3,387$2,449$1,752$922
28 years$5,929$4,357$3,149$2,244$1,580$808
29 years$5,662$4,110$2,930$2,058$1,427$708
30 years$5,415$3,882$2,730$1,888$1,289$621
31 years$5,183$3,669$2,545$1,734$1,166$545
32 years$4,967$3,472$2,374$1,594$1,055$478
33 years$4,764$3,288$2,217$1,466$954$420
34 years$4,573$3,116$2,071$1,349$864$368
35 years$4,394$2,956$1,937$1,242$783$323
36 years$4,225$2,806$1,812$1,143$709$284
37 years$4,065$2,665$1,696$1,053$643$250
38 years$3,914$2,532$1,588$971$583$219
39 years$3,772$2,408$1,488$895$528$193
40 years$3,637$2,291$1,394$826$479$169
41 years$3,508$2,181$1,307$762$435$149
42 years$3,387$2,077$1,226$703$395$131
43 years$3,271$1,979$1,151$649$358$115
44 years$3,160$1,886$1,080$599$325$101
45 years$3,055$1,799$1,014$554$295$89
46 years$2,955$1,716$953$511$268$78
47 years$2,860$1,638$895$472$243$69
48 years$2,768$1,563$841$436$221$60
49 years$2,681$1,493$791$403$201$53
50 years$2,597$1,426$743$373$182$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,660,000, adding $3,188 every year, while hoping to spend $45,419 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: 64/13/23 Blend
50$2,660,000$2,660,000$2,660,000$2,660,000
51$2,934,608$2,793,628$2,752,398$3,104,686
52$3,185,613$2,882,191$2,796,278$3,308,318
53$3,460,698$2,973,570$2,840,106$3,525,330
54$3,762,271$3,067,857$2,883,832$3,761,400
55$4,092,985$3,165,145$2,927,402$4,018,398
56$4,455,761$3,265,529$2,970,762$4,298,386
57$4,853,817$3,369,108$3,013,851$4,603,631
58$5,290,698$3,475,985$3,056,606$4,936,633
59$5,770,306$3,586,266$3,098,959$5,300,143
60$6,296,943$3,700,059$3,140,840$5,697,193
61$6,875,346$3,817,476$3,182,173$6,131,122
62$7,510,734$3,938,635$3,222,879$6,605,606
63$8,208,856$4,063,655$3,262,872$7,124,698
64$8,976,045$4,192,660$3,302,064$7,692,859
65$9,819,279$4,325,777$3,340,360$8,315,007
66$10,746,244$4,463,139$3,377,661$8,996,556
67$11,765,410$4,604,882$3,413,862$9,743,474
68$12,886,107$4,751,146$3,448,851$10,562,335
69$14,118,614$4,902,077$3,482,512$11,460,380
70$15,474,258$5,057,825$3,514,722$12,445,589
71$16,965,518$5,218,543$3,545,351$13,526,754
72$18,606,142$5,384,393$3,574,261$14,713,560
73$20,411,279$5,555,539$3,601,309$16,016,680
74$22,397,621$5,732,151$3,626,344$17,447,875
75$24,583,557$5,914,406$3,649,206$19,020,099
76$26,989,353$6,102,485$3,669,727$20,747,631
77$29,637,335$6,296,575$3,687,731$22,646,202
78$32,552,106$6,496,870$3,703,033$24,733,146
79$35,760,774$6,703,570$3,715,438$27,027,562
80$39,293,210$6,916,881$3,724,742$29,550,499
81$43,182,326$7,137,017$3,730,730$32,325,146
82$47,464,390$7,364,198$3,733,176$35,377,059
83$52,179,365$7,598,651$3,731,845$38,734,399
84$57,371,286$7,840,611$3,726,488$42,428,195
85$63,088,677$8,090,320$3,716,844$46,492,643
86$69,385,005$8,348,029$3,702,641$50,965,421
87$76,319,188$8,613,995$3,683,593$55,888,051
88$83,956,152$8,888,487$3,659,399$61,306,287
89$92,367,436$9,171,780$3,629,746$67,270,551
90$101,631,876$9,464,159$3,594,304$73,836,402
91$111,836,342$9,765,917$3,552,728$81,065,069
92$123,076,560$10,077,359$3,504,656$89,024,019
93$135,458,018$10,398,798$3,449,711$97,787,606
94$149,096,956$10,730,559$3,387,496$107,437,760
95$164,121,465$11,072,976$3,317,596$118,064,770
96$180,672,697$11,426,395$3,239,579$129,768,132
97$198,906,197$11,791,173$3,152,989$142,657,489
98$218,993,368$12,167,678$3,057,353$156,853,668
99$241,123,090$12,556,293$2,952,173$172,489,815
100$265,503,504$12,957,411$2,836,930$189,712,659