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%12.6%
1 years$219,660$217,704$215,795$213,932$212,112$209,810
2 years$108,743$106,717$104,755$102,852$101,006$98,688
3 years$71,775$69,741$67,783$65,898$64,082$61,820
4 years$53,295$51,267$49,329$47,476$45,704$43,515
5 years$42,210$40,194$38,281$36,466$34,743$32,635
6 years$34,822$32,821$30,937$29,162$27,491$25,465
7 years$29,547$27,563$25,709$23,976$22,358$20,415
8 years$25,593$23,627$21,803$20,113$18,548$16,688
9 years$22,519$20,571$18,779$17,132$15,620$13,843
10 years$20,061$18,133$16,372$14,768$13,309$11,614
11 years$18,051$16,143$14,414$12,852$11,446$9,831
12 years$16,378$14,489$12,792$11,273$9,919$8,382
13 years$14,963$13,094$11,429$9,952$8,650$7,189
14 years$13,751$11,902$10,269$8,835$7,582$6,196
15 years$12,702$10,872$9,271$7,879$6,676$5,362
16 years$11,785$9,975$8,406$7,055$5,900$4,656
17 years$10,976$9,187$7,649$6,339$5,232$4,055
18 years$10,259$8,489$6,982$5,712$4,652$3,541
19 years$9,617$7,868$6,392$5,162$4,146$3,098
20 years$9,040$7,311$5,866$4,675$3,703$2,716
21 years$8,519$6,810$5,396$4,243$3,314$2,384
22 years$8,046$6,357$4,973$3,858$2,971$2,097
23 years$7,615$5,945$4,592$3,513$2,667$1,846
24 years$7,220$5,570$4,247$3,204$2,397$1,626
25 years$6,858$5,227$3,933$2,926$2,157$1,434
26 years$6,524$4,913$3,648$2,676$1,943$1,266
27 years$6,215$4,624$3,387$2,449$1,752$1,119
28 years$5,929$4,357$3,149$2,244$1,580$989
29 years$5,662$4,110$2,930$2,058$1,427$874
30 years$5,415$3,882$2,730$1,888$1,289$774
31 years$5,183$3,669$2,545$1,734$1,166$685
32 years$4,967$3,472$2,374$1,594$1,055$606
33 years$4,764$3,288$2,217$1,466$954$537
34 years$4,573$3,116$2,071$1,349$864$476
35 years$4,394$2,956$1,937$1,242$783$422
36 years$4,225$2,806$1,812$1,143$709$374
37 years$4,065$2,665$1,696$1,053$643$332
38 years$3,914$2,532$1,588$971$583$294
39 years$3,772$2,408$1,488$895$528$261
40 years$3,637$2,291$1,394$826$479$231
41 years$3,508$2,181$1,307$762$435$205
42 years$3,387$2,077$1,226$703$395$182
43 years$3,271$1,979$1,151$649$358$162
44 years$3,160$1,886$1,080$599$325$144
45 years$3,055$1,799$1,014$554$295$127
46 years$2,955$1,716$953$511$268$113
47 years$2,860$1,638$895$472$243$100
48 years$2,768$1,563$841$436$221$89
49 years$2,681$1,493$791$403$201$79
50 years$2,597$1,426$743$373$182$70

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 $4,400 every year, while hoping to spend $47,507 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: 64/26/10 Blend
50$2,660,000$2,660,000$2,660,000$2,660,000
51$2,935,859$2,794,879$2,753,649$3,117,098
52$3,184,769$2,881,281$2,795,349$3,325,007
53$3,457,476$2,970,324$2,836,854$3,546,046
54$3,756,357$3,062,088$2,878,107$3,786,266
55$4,084,030$3,156,655$2,919,047$4,047,528
56$4,443,377$3,254,107$2,959,612$4,331,883
57$4,837,576$3,354,533$2,999,733$4,641,586
58$5,270,124$3,458,020$3,039,339$4,979,123
59$5,744,873$3,564,660$3,078,354$5,347,228
60$6,266,069$3,674,547$3,116,697$5,748,911
61$6,838,386$3,787,778$3,154,285$6,187,488
62$7,466,975$3,904,452$3,191,027$6,666,609
63$8,157,508$4,024,672$3,226,828$7,190,294
64$8,916,236$4,148,543$3,261,589$7,762,969
65$9,750,044$4,276,174$3,295,204$8,389,510
66$10,666,518$4,407,676$3,327,563$9,075,285
67$11,674,015$4,543,163$3,358,548$9,826,207
68$12,781,740$4,682,754$3,388,035$10,648,789
69$13,999,838$4,826,570$3,415,895$11,550,206
70$15,339,485$4,974,735$3,441,991$12,538,359
71$16,812,993$5,127,378$3,466,178$13,621,952
72$18,433,928$5,284,629$3,488,305$14,810,575
73$20,217,238$5,446,626$3,508,213$16,114,789
74$22,179,392$5,613,506$3,525,733$17,546,231
75$24,338,536$5,785,413$3,540,691$19,117,720
76$26,714,662$5,962,494$3,552,900$20,843,378
77$29,329,802$6,144,901$3,562,167$22,738,764
78$32,208,229$6,332,788$3,568,286$24,821,019
79$35,376,689$6,526,316$3,571,045$27,109,029
80$38,864,654$6,725,647$3,570,217$29,623,600
81$42,704,597$6,930,952$3,565,567$32,387,658
82$46,932,300$7,142,403$3,556,848$35,426,460
83$51,587,191$7,360,177$3,543,799$38,767,838
84$56,712,717$7,584,458$3,526,148$42,442,453
85$62,356,750$7,815,433$3,503,611$46,484,094
86$68,572,045$8,053,295$3,475,888$50,929,987
87$75,416,729$8,298,242$3,442,665$55,821,151
88$82,954,856$8,550,477$3,403,616$61,202,783
89$91,257,009$8,810,208$3,358,395$67,124,687
90$100,400,966$9,077,650$3,306,643$73,641,739
91$110,472,432$9,353,023$3,247,983$80,814,406
92$121,565,851$9,636,552$3,182,021$88,709,319
93$133,785,293$9,928,468$3,108,344$97,399,898
94$147,245,440$10,229,010$3,026,520$106,967,046
95$162,072,664$10,538,420$2,936,098$117,499,910
96$178,406,223$10,856,950$2,836,604$129,096,728
97$196,399,572$11,184,855$2,727,545$141,865,746
98$216,221,815$11,522,399$2,608,404$155,926,249
99$238,059,295$11,869,852$2,478,641$171,409,679
100$262,117,358$12,227,490$2,337,690$188,460,881