Can I retire at age 51 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$148,642$147,318$146,027$144,766$143,535$140,636
2 years$73,585$72,215$70,887$69,599$68,350$65,443
3 years$48,570$47,193$45,868$44,593$43,364$40,539
4 years$36,064$34,692$33,380$32,127$30,928$28,206
5 years$28,563$27,199$25,905$24,676$23,511$20,900
6 years$23,564$22,210$20,935$19,734$18,603$16,106
7 years$19,994$18,652$17,397$16,224$15,129$12,747
8 years$17,318$15,988$14,754$13,610$12,551$10,283
9 years$15,238$13,921$12,708$11,593$10,570$8,414
10 years$13,575$12,270$11,079$9,993$9,006$6,961
11 years$12,215$10,924$9,754$8,697$7,746$5,808
12 years$11,083$9,804$8,656$7,628$6,712$4,879
13 years$10,125$8,860$7,734$6,735$5,853$4,122
14 years$9,305$8,054$6,949$5,978$5,131$3,498
15 years$8,595$7,357$6,274$5,332$4,518$2,980
16 years$7,975$6,750$5,688$4,774$3,993$2,547
17 years$7,428$6,217$5,176$4,289$3,540$2,182
18 years$6,942$5,744$4,725$3,866$3,148$1,874
19 years$6,508$5,324$4,325$3,493$2,806$1,612
20 years$6,118$4,947$3,970$3,163$2,506$1,389
21 years$5,765$4,608$3,651$2,871$2,243$1,199
22 years$5,445$4,302$3,365$2,610$2,010$1,036
23 years$5,153$4,023$3,107$2,377$1,804$896
24 years$4,886$3,769$2,874$2,168$1,622$775
25 years$4,641$3,537$2,662$1,980$1,459$671
26 years$4,415$3,325$2,468$1,811$1,315$582
27 years$4,206$3,129$2,292$1,657$1,185$505
28 years$4,012$2,948$2,131$1,518$1,069$438
29 years$3,832$2,781$1,983$1,392$966$380
30 years$3,664$2,627$1,847$1,278$873$330
31 years$3,507$2,483$1,722$1,174$789$287
32 years$3,361$2,350$1,607$1,079$714$249
33 years$3,224$2,225$1,500$992$646$216
34 years$3,095$2,109$1,402$913$585$188
35 years$2,973$2,000$1,310$840$530$163
36 years$2,859$1,898$1,226$774$480$142
37 years$2,751$1,803$1,147$713$435$124
38 years$2,649$1,714$1,074$657$394$107
39 years$2,552$1,629$1,007$606$358$93
40 years$2,461$1,550$944$559$324$81
41 years$2,374$1,476$885$516$294$71
42 years$2,292$1,405$830$476$267$62
43 years$2,213$1,339$779$439$242$54
44 years$2,139$1,276$731$406$220$47
45 years$2,068$1,217$686$375$200$41
46 years$2,000$1,161$645$346$181$35
47 years$1,935$1,108$606$320$165$31
48 years$1,873$1,058$569$295$149$27
49 years$1,814$1,010$535$273$136$23
50 years$1,757$965$503$252$123$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,800,000, adding $6,853 every year, while hoping to spend $37,706 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: 27/45/28 Blend
50$1,800,000$1,800,000$1,800,000$1,800,000
51$1,990,669$1,895,269$1,867,369$2,026,928
52$2,153,598$1,948,018$1,889,807$2,109,582
53$2,331,883$2,002,088$1,911,733$2,194,572
54$2,527,048$2,057,505$1,933,090$2,285,058
55$2,740,777$2,114,291$1,953,817$2,381,534
56$2,974,918$2,172,474$1,973,852$2,484,545
57$3,231,511$2,232,077$1,993,128$2,594,690
58$3,512,801$2,293,124$2,011,574$2,712,627
59$3,821,261$2,355,641$2,029,115$2,839,083
60$4,159,613$2,419,651$2,045,674$2,974,856
61$4,530,857$2,485,178$2,061,168$3,120,828
62$4,938,297$2,552,245$2,075,510$3,277,965
63$5,385,574$2,620,875$2,088,610$3,447,337
64$5,876,695$2,691,090$2,100,370$3,630,118
65$6,416,076$2,762,912$2,110,692$3,827,605
66$7,008,584$2,836,362$2,119,467$4,041,222
67$7,659,576$2,911,461$2,126,586$4,272,544
68$8,374,957$2,988,227$2,131,931$4,523,301
69$9,161,231$3,066,678$2,135,380$4,795,403
70$10,025,565$3,146,833$2,136,802$5,090,952
71$10,975,851$3,228,707$2,136,064$5,412,265
72$12,020,789$3,312,315$2,133,023$5,761,897
73$13,169,960$3,397,669$2,127,531$6,142,662
74$14,433,923$3,484,782$2,119,430$6,557,662
75$15,824,311$3,573,663$2,108,558$7,010,316
76$17,353,938$3,664,321$2,094,742$7,504,390
77$19,036,927$3,756,760$2,077,804$8,044,038
78$20,888,838$3,850,985$2,057,554$8,633,836
79$22,926,812$3,946,996$2,033,795$9,278,829
80$25,169,741$4,044,793$2,006,321$9,984,576
81$27,638,436$4,144,369$1,974,914$10,757,206
82$30,355,832$4,245,719$1,939,349$11,603,473
83$33,347,198$4,348,830$1,899,389$12,530,823
84$36,640,378$4,453,689$1,854,784$13,547,462
85$40,266,053$4,560,276$1,805,276$14,662,434
86$44,258,030$4,668,569$1,750,592$15,885,710
87$48,653,561$4,778,541$1,690,449$17,228,278
88$53,493,695$4,890,160$1,624,550$18,702,252
89$58,823,662$5,003,388$1,552,583$20,320,981
90$64,693,305$5,118,184$1,474,224$22,099,183
91$71,157,545$5,234,497$1,389,133$24,053,078
92$78,276,901$5,352,274$1,296,955$26,200,543
93$86,118,062$5,471,453$1,197,321$28,561,286
94$94,754,515$5,591,964$1,089,841$31,157,027
95$104,267,236$5,713,732$974,112$34,011,706
96$114,745,460$5,836,670$849,710$37,151,714
97$126,287,516$5,960,686$716,194$40,606,133
98$139,001,759$6,085,676$573,103$44,407,024
99$153,007,591$6,211,527$419,955$48,589,720
100$168,436,590$6,338,117$256,248$53,193,167