Can I retire at age 51 with 1,810,000?

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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$149,468$148,137$146,838$145,570$144,332$143,422
2 years$73,994$72,616$71,280$69,986$68,729$67,812
3 years$48,839$47,455$46,123$44,840$43,605$42,708
4 years$36,265$34,885$33,566$32,305$31,099$30,230
5 years$28,722$27,350$26,048$24,813$23,641$22,802
6 years$23,695$22,333$21,051$19,843$18,706$17,898
7 years$20,105$18,756$17,494$16,314$15,213$14,436
8 years$17,414$16,077$14,836$13,686$12,621$11,875
9 years$15,323$13,998$12,778$11,657$10,629$9,914
10 years$13,650$12,338$11,140$10,049$9,056$8,373
11 years$12,283$10,984$9,808$8,745$7,789$7,135
12 years$11,144$9,859$8,704$7,671$6,749$6,126
13 years$10,182$8,909$7,777$6,772$5,886$5,292
14 years$9,357$8,098$6,987$6,012$5,159$4,594
15 years$8,643$7,398$6,309$5,361$4,543$4,005
16 years$8,019$6,788$5,720$4,800$4,015$3,504
17 years$7,469$6,251$5,205$4,313$3,560$3,075
18 years$6,980$5,776$4,751$3,887$3,165$2,706
19 years$6,544$5,353$4,349$3,512$2,821$2,387
20 years$6,152$4,975$3,992$3,181$2,520$2,109
21 years$5,797$4,634$3,672$2,887$2,255$1,867
22 years$5,475$4,325$3,384$2,625$2,021$1,655
23 years$5,182$4,045$3,124$2,391$1,815$1,469
24 years$4,913$3,790$2,890$2,180$1,631$1,306
25 years$4,666$3,557$2,676$1,991$1,468$1,161
26 years$4,439$3,343$2,482$1,821$1,322$1,034
27 years$4,229$3,146$2,305$1,666$1,192$922
28 years$4,034$2,965$2,143$1,527$1,075$822
29 years$3,853$2,797$1,994$1,400$971$733
30 years$3,684$2,641$1,857$1,285$877$655
31 years$3,527$2,497$1,732$1,180$793$585
32 years$3,380$2,363$1,616$1,085$718$522
33 years$3,241$2,237$1,508$997$649$467
34 years$3,112$2,121$1,409$918$588$418
35 years$2,990$2,011$1,318$845$533$374
36 years$2,875$1,909$1,233$778$483$334
37 years$2,766$1,813$1,154$717$437$299
38 years$2,664$1,723$1,080$661$396$268
39 years$2,567$1,639$1,012$609$360$240
40 years$2,475$1,559$949$562$326$215
41 years$2,387$1,484$890$518$296$192
42 years$2,304$1,413$835$478$268$172
43 years$2,226$1,347$783$442$244$154
44 years$2,151$1,284$735$408$221$138
45 years$2,079$1,224$690$377$201$124
46 years$2,011$1,168$648$348$182$111
47 years$1,946$1,114$609$321$166$100
48 years$1,884$1,064$572$297$150$89
49 years$1,824$1,016$538$274$137$80
50 years$1,767$970$506$254$124$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,810,000, adding $4,166 every year, while hoping to spend $27,489 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: 54/25/21 Blend
50$1,810,000$1,810,000$1,810,000$1,810,000
51$1,998,917$1,902,987$1,874,932$2,095,180
52$2,173,559$1,966,986$1,908,494$2,225,668
53$2,365,092$2,033,198$1,942,260$2,364,407
54$2,575,212$2,101,705$1,976,206$2,514,849
55$2,805,784$2,172,589$2,010,308$2,678,122
56$3,058,862$2,245,935$2,044,543$2,855,464
57$3,336,712$2,321,831$2,078,881$3,048,241
58$3,641,827$2,400,371$2,113,293$3,257,954
59$3,976,953$2,481,649$2,147,749$3,486,257
60$4,345,118$2,565,766$2,182,214$3,734,969
61$4,749,655$2,652,823$2,216,653$4,006,094
62$5,194,237$2,742,928$2,251,027$4,301,837
63$5,682,909$2,836,192$2,285,297$4,624,626
64$6,220,131$2,932,730$2,319,419$4,977,135
65$6,810,812$3,032,662$2,353,348$5,362,307
66$7,460,364$3,136,111$2,387,034$5,783,386
67$8,174,748$3,243,208$2,420,426$6,243,941
68$8,960,532$3,354,085$2,453,471$6,747,903
69$9,824,952$3,468,881$2,486,108$7,299,604
70$10,775,983$3,587,742$2,518,278$7,903,813
71$11,822,409$3,710,817$2,549,916$8,565,783
72$12,973,909$3,838,262$2,580,953$9,291,299
73$14,241,149$3,970,238$2,611,317$10,086,737
74$15,635,881$4,106,914$2,640,930$10,959,116
75$17,171,052$4,248,464$2,669,713$11,916,170
76$18,860,931$4,395,071$2,697,580$12,966,418
77$20,721,238$4,546,921$2,724,441$14,119,246
78$22,769,296$4,704,212$2,750,201$15,384,994
79$25,024,192$4,867,146$2,774,761$16,775,051
80$27,506,959$5,035,936$2,798,015$18,301,966
81$30,240,773$5,210,801$2,819,852$19,979,565
82$33,251,171$5,391,969$2,840,156$21,823,079
83$36,566,294$5,579,679$2,858,805$23,849,290
84$40,217,149$5,774,176$2,875,668$26,076,688
85$44,237,907$5,975,719$2,890,611$28,525,642
86$48,666,217$6,184,573$2,903,490$31,218,599
87$53,543,571$6,401,017$2,914,157$34,180,289
88$58,915,687$6,625,338$2,922,453$37,437,959
89$64,832,944$6,857,837$2,928,213$41,021,633
90$71,350,860$7,098,827$2,931,263$44,964,392
91$78,530,609$7,348,631$2,931,422$49,302,685
92$86,439,604$7,607,587$2,928,497$54,076,676
93$95,152,131$7,876,046$2,922,289$59,330,620
94$104,750,050$8,154,374$2,912,588$65,113,280
95$115,323,568$8,442,951$2,899,172$71,478,388
96$126,972,088$8,742,172$2,881,811$78,485,152
97$139,805,151$9,052,448$2,860,261$86,198,813
98$153,943,467$9,374,208$2,834,270$94,691,259
99$169,520,054$9,707,898$2,803,572$104,041,707
100$186,681,495$10,053,980$2,767,887$114,337,447