Can I retire at age 51 with 2,810,000?

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 $2,810,000?

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$232,047$229,980$227,964$225,995$224,073$218,834
2 years$114,875$112,735$110,662$108,652$106,702$101,453
3 years$75,822$73,674$71,606$69,614$67,696$62,602
4 years$56,300$54,158$52,111$50,153$48,281$43,381
5 years$44,590$42,461$40,440$38,522$36,703$32,010
6 years$36,785$34,672$32,681$30,807$29,042$24,561
7 years$31,213$29,118$27,158$25,328$23,619$19,351
8 years$27,036$24,959$23,033$21,247$19,594$15,538
9 years$23,788$21,732$19,838$18,098$16,501$12,653
10 years$21,192$19,155$17,295$15,600$14,060$10,415
11 years$19,069$17,053$15,226$13,577$12,092$8,646
12 years$17,301$15,306$13,513$11,909$10,478$7,226
13 years$15,807$13,832$12,073$10,514$9,137$6,072
14 years$14,527$12,573$10,848$9,333$8,010$5,126
15 years$13,418$11,485$9,794$8,323$7,052$4,342
16 years$12,449$10,538$8,880$7,453$6,233$3,690
17 years$11,595$9,705$8,080$6,696$5,527$3,143
18 years$10,837$8,968$7,376$6,035$4,914$2,683
19 years$10,159$8,311$6,752$5,453$4,380$2,295
20 years$9,550$7,723$6,197$4,938$3,912$1,966
21 years$9,000$7,194$5,700$4,482$3,501$1,686
22 years$8,500$6,715$5,254$4,075$3,138$1,447
23 years$8,045$6,281$4,851$3,711$2,817$1,244
24 years$7,628$5,884$4,486$3,385$2,532$1,070
25 years$7,245$5,522$4,155$3,091$2,278$921
26 years$6,892$5,190$3,854$2,827$2,052$793
27 years$6,565$4,884$3,578$2,587$1,850$683
28 years$6,263$4,603$3,327$2,370$1,670$589
29 years$5,982$4,342$3,096$2,174$1,508$508
30 years$5,720$4,101$2,883$1,995$1,362$438
31 years$5,475$3,876$2,688$1,832$1,232$378
32 years$5,247$3,668$2,508$1,684$1,114$326
33 years$5,032$3,474$2,342$1,548$1,008$282
34 years$4,831$3,292$2,188$1,425$913$243
35 years$4,641$3,123$2,046$1,312$827$210
36 years$4,463$2,964$1,914$1,208$749$181
37 years$4,294$2,815$1,791$1,113$679$157
38 years$4,135$2,675$1,677$1,026$616$135
39 years$3,985$2,544$1,572$946$558$117
40 years$3,842$2,420$1,473$872$506$101
41 years$3,706$2,304$1,381$805$459$87
42 years$3,578$2,194$1,296$743$417$75
43 years$3,455$2,090$1,216$686$378$65
44 years$3,339$1,993$1,141$633$343$56
45 years$3,228$1,900$1,072$585$312$49
46 years$3,122$1,813$1,006$540$283$42
47 years$3,021$1,730$946$499$257$36
48 years$2,924$1,651$889$461$233$31
49 years$2,832$1,577$835$426$212$27
50 years$2,744$1,506$785$394$193$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,810,000, adding $2,354 every year, while hoping to spend $55,313 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: 59/33/8 Blend
50$2,810,000$2,810,000$2,810,000$2,810,000
51$3,099,048$2,950,118$2,906,563$3,276,304
52$3,356,298$3,035,821$2,945,080$3,481,259
53$3,637,934$3,123,870$2,983,034$3,698,137
54$3,946,385$3,214,321$3,020,347$3,933,233
55$4,284,325$3,307,232$3,056,938$4,188,299
56$4,654,700$3,402,660$3,092,719$4,465,263
57$5,060,755$3,500,666$3,127,601$4,766,249
58$5,506,063$3,601,309$3,161,486$5,093,591
59$5,994,559$3,704,651$3,194,273$5,449,863
60$6,530,578$3,810,753$3,225,856$5,837,894
61$7,118,896$3,919,678$3,256,120$6,260,803
62$7,764,771$4,031,490$3,284,948$6,722,021
63$8,473,997$4,146,253$3,312,213$7,225,328
64$9,252,957$4,264,031$3,337,784$7,774,883
65$10,108,681$4,384,891$3,361,523$8,375,271
66$11,048,914$4,508,899$3,383,282$9,031,538
67$12,082,189$4,636,121$3,402,908$9,749,242
68$13,217,907$4,766,625$3,420,239$10,534,506
69$14,466,422$4,900,479$3,435,106$11,394,072
70$15,839,146$5,037,750$3,447,330$12,335,367
71$17,348,647$5,178,508$3,456,724$13,366,574
72$19,008,775$5,322,822$3,463,091$14,496,704
73$20,834,790$5,470,759$3,466,224$15,735,685
74$22,843,502$5,622,390$3,465,906$17,094,454
75$25,053,435$5,777,783$3,461,910$18,585,060
76$27,484,998$5,937,007$3,453,996$20,220,777
77$30,160,678$6,100,131$3,441,915$22,016,228
78$33,105,251$6,267,222$3,425,404$23,987,526
79$36,346,020$6,438,348$3,404,188$26,152,422
80$39,913,063$6,613,577$3,377,978$28,530,473
81$43,839,527$6,792,974$3,346,472$31,143,227
82$48,161,934$6,976,604$3,309,353$34,014,428
83$52,920,525$7,164,532$3,266,290$37,170,235
84$58,159,644$7,356,819$3,216,937$40,639,472
85$63,928,152$7,553,527$3,160,928$44,453,899
86$70,279,888$7,754,715$3,097,884$48,648,511
87$77,274,180$7,960,440$3,027,407$53,261,870
88$84,976,401$8,170,756$2,949,079$58,336,462
89$93,458,587$8,385,715$2,862,466$63,919,108
90$102,800,115$8,605,368$2,767,111$70,061,398
91$113,088,454$8,829,758$2,662,537$76,820,178
92$124,419,991$9,058,930$2,548,246$84,258,090
93$136,900,934$9,292,922$2,423,716$92,444,161
94$150,648,321$9,531,767$2,288,403$101,454,453
95$165,791,122$9,775,496$2,141,736$111,372,784
96$182,471,454$10,024,133$1,983,122$122,291,514
97$200,845,923$10,277,697$1,811,937$134,312,423
98$221,087,103$10,536,200$1,627,533$147,547,664
99$243,385,163$10,799,649$1,429,231$162,120,829
100$267,949,661$11,068,043$1,216,321$178,168,111