Can I retire at age 51 with 1,830,000?

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 $1,830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$151,120$149,774$148,460$147,178$145,927$141,369
2 years$74,812$73,418$72,068$70,759$69,489$64,937
3 years$49,379$47,980$46,633$45,336$44,087$39,684
4 years$36,665$35,270$33,937$32,662$31,443$27,224
5 years$29,039$27,652$26,336$25,088$23,902$19,878
6 years$23,956$22,580$21,284$20,063$18,913$15,086
7 years$20,327$18,963$17,687$16,495$15,381$11,752
8 years$17,607$16,255$15,000$13,837$12,760$9,326
9 years$15,492$14,153$12,919$11,786$10,746$7,503
10 years$13,801$12,475$11,263$10,160$9,156$6,100
11 years$12,419$11,106$9,916$8,842$7,875$4,999
12 years$11,267$9,968$8,800$7,756$6,824$4,123
13 years$10,294$9,008$7,862$6,847$5,951$3,419
14 years$9,460$8,188$7,064$6,078$5,216$2,846
15 years$8,739$7,480$6,378$5,421$4,593$2,377
16 years$8,108$6,863$5,783$4,853$4,059$1,991
17 years$7,551$6,320$5,262$4,361$3,599$1,672
18 years$7,058$5,840$4,804$3,930$3,200$1,406
19 years$6,616$5,413$4,398$3,551$2,852$1,185
20 years$6,220$5,030$4,036$3,216$2,548$1,000
21 years$5,861$4,685$3,712$2,919$2,280$844
22 years$5,536$4,373$3,421$2,654$2,044$714
23 years$5,239$4,090$3,159$2,417$1,835$604
24 years$4,967$3,832$2,922$2,204$1,649$511
25 years$4,718$3,596$2,706$2,013$1,484$433
26 years$4,488$3,380$2,510$1,841$1,337$367
27 years$4,276$3,181$2,330$1,685$1,205$311
28 years$4,079$2,997$2,166$1,544$1,087$264
29 years$3,896$2,828$2,016$1,416$982$224
30 years$3,725$2,670$1,878$1,299$887$190
31 years$3,566$2,524$1,751$1,193$802$161
32 years$3,417$2,389$1,633$1,097$726$137
33 years$3,277$2,262$1,525$1,008$657$116
34 years$3,146$2,144$1,425$928$594$99
35 years$3,023$2,034$1,332$854$538$84
36 years$2,906$1,930$1,246$787$488$71
37 years$2,797$1,833$1,167$725$442$60
38 years$2,693$1,742$1,092$668$401$51
39 years$2,595$1,657$1,023$616$364$44
40 years$2,502$1,576$959$568$330$37
41 years$2,414$1,500$899$524$299$31
42 years$2,330$1,429$844$484$271$27
43 years$2,250$1,361$792$447$246$23
44 years$2,174$1,298$743$412$224$19
45 years$2,102$1,237$698$381$203$16
46 years$2,033$1,181$655$352$184$14
47 years$1,967$1,127$616$325$167$12
48 years$1,904$1,075$579$300$152$10
49 years$1,844$1,027$544$278$138$9
50 years$1,787$981$511$257$125$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,830,000, adding $4,186 every year, while hoping to spend $52,916 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: 69/23/8 Blend
50$1,830,000$1,830,000$1,830,000$1,830,000
51$2,020,978$1,923,988$1,895,623$2,157,278
52$2,170,815$1,961,961$1,902,824$2,286,080
53$2,334,163$2,000,021$1,908,493$2,420,088
54$2,512,342$2,038,117$1,912,522$2,565,251
55$2,706,809$2,076,193$1,914,800$2,722,653
56$2,919,165$2,114,188$1,915,207$2,893,489
57$3,151,174$2,152,037$1,913,620$3,079,074
58$3,404,776$2,189,669$1,909,909$3,280,855
59$3,682,109$2,227,009$1,903,937$3,500,430
60$3,985,527$2,263,976$1,895,562$3,739,555
61$4,317,621$2,300,480$1,884,633$4,000,168
62$4,681,244$2,336,429$1,870,994$4,284,403
63$5,079,538$2,371,721$1,854,479$4,594,611
64$5,515,963$2,406,248$1,834,916$4,933,383
65$5,994,330$2,439,893$1,812,125$5,303,574
66$6,518,837$2,472,533$1,785,917$5,708,330
67$7,094,106$2,504,034$1,756,092$6,151,118
68$7,725,227$2,534,255$1,722,444$6,635,758
69$8,417,811$2,563,044$1,684,756$7,166,460
70$9,178,033$2,590,238$1,642,801$7,747,864
71$10,012,698$2,615,666$1,596,340$8,385,081
72$10,929,302$2,639,142$1,545,127$9,083,748
73$11,936,102$2,660,471$1,488,899$9,850,074
74$13,042,194$2,679,444$1,427,387$10,690,902
75$14,257,598$2,695,837$1,360,305$11,613,776
76$15,593,354$2,709,414$1,287,356$12,627,008
77$17,061,624$2,719,924$1,208,231$13,739,760
78$18,675,807$2,727,097$1,122,604$14,962,128
79$20,450,664$2,730,649$1,030,135$16,305,240
80$22,402,459$2,730,278$930,472$17,781,362
81$24,549,111$2,725,663$823,244$19,404,010
82$26,910,361$2,716,462$708,064$21,188,083
83$29,507,963$2,702,313$584,529$23,149,999
84$32,365,881$2,682,832$452,216$25,307,854
85$35,510,522$2,657,612$310,687$27,681,593
86$38,970,981$2,626,221$159,481$30,293,198
87$42,779,316$2,588,201$0$33,166,894
88$46,970,850$2,543,066$0$36,329,544
89$51,584,504$2,490,304$0$39,824,953
90$56,663,163$2,429,369$0$43,671,972
91$62,254,082$2,359,684$0$47,906,392
92$68,409,331$2,280,641$0$52,567,658
93$75,186,282$2,191,592$0$57,699,242
94$82,648,158$2,091,855$0$63,349,050
95$90,864,620$1,980,706$0$69,569,877
96$99,912,432$1,857,381$0$76,419,909
97$109,876,178$1,721,071$0$83,963,266
98$120,849,066$1,570,921$0$92,270,616
99$132,933,802$1,406,027$0$101,419,836
100$146,243,562$1,225,435$0$111,496,752