Can I retire at age 51 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$154,423$153,047$151,705$150,395$149,116$147,929
2 years$76,447$75,023$73,643$72,306$71,008$69,811
3 years$50,458$49,028$47,652$46,327$45,050$43,881
4 years$37,467$36,041$34,679$33,376$32,130$30,997
5 years$29,674$28,257$26,912$25,636$24,425$23,332
6 years$24,480$23,074$21,749$20,501$19,327$18,275
7 years$20,772$19,377$18,073$16,855$15,718$14,708
8 years$17,992$16,610$15,328$14,139$13,039$12,071
9 years$15,831$14,462$13,202$12,044$10,981$10,054
10 years$14,103$12,747$11,510$10,382$9,356$8,470
11 years$12,690$11,348$10,133$9,035$8,047$7,201
12 years$11,514$10,186$8,993$7,925$6,973$6,167
13 years$10,519$9,205$8,034$6,997$6,081$5,313
14 years$9,667$8,367$7,219$6,211$5,330$4,601
15 years$8,930$7,643$6,518$5,539$4,693$4,000
16 years$8,285$7,013$5,909$4,960$4,148$3,490
17 years$7,716$6,458$5,377$4,456$3,678$3,055
18 years$7,212$5,968$4,909$4,016$3,270$2,680
19 years$6,761$5,531$4,494$3,629$2,915$2,357
20 years$6,356$5,140$4,124$3,286$2,604$2,077
21 years$5,989$4,787$3,793$2,983$2,330$1,833
22 years$5,657$4,469$3,496$2,712$2,088$1,620
23 years$5,354$4,180$3,228$2,470$1,875$1,434
24 years$5,076$3,916$2,985$2,253$1,685$1,270
25 years$4,821$3,675$2,765$2,057$1,516$1,127
26 years$4,586$3,454$2,564$1,881$1,366$1,000
27 years$4,369$3,251$2,381$1,722$1,231$888
28 years$4,168$3,063$2,214$1,577$1,111$790
29 years$3,981$2,890$2,060$1,447$1,003$702
30 years$3,807$2,729$1,919$1,328$907$625
31 years$3,644$2,580$1,789$1,219$820$556
32 years$3,492$2,441$1,669$1,121$741$496
33 years$3,349$2,312$1,558$1,030$671$442
34 years$3,215$2,191$1,456$948$607$394
35 years$3,089$2,078$1,361$873$550$351
36 years$2,970$1,972$1,274$804$499$313
37 years$2,858$1,873$1,192$741$452$279
38 years$2,752$1,780$1,116$683$410$249
39 years$2,652$1,693$1,046$629$371$222
40 years$2,557$1,611$980$581$337$198
41 years$2,466$1,533$919$536$306$177
42 years$2,381$1,460$862$494$277$158
43 years$2,299$1,391$809$456$252$141
44 years$2,222$1,326$759$421$228$126
45 years$2,148$1,265$713$389$207$112
46 years$2,078$1,206$670$359$188$100
47 years$2,010$1,151$629$332$171$90
48 years$1,946$1,099$591$307$155$80
49 years$1,885$1,049$556$284$141$72
50 years$1,826$1,002$523$262$128$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,870,000, adding $2,472 every year, while hoping to spend $33,063 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: 31/48/21 Blend
50$1,870,000$1,870,000$1,870,000$1,870,000
51$2,063,290$1,964,180$1,935,195$2,113,711
52$2,238,567$2,025,246$1,964,845$2,213,118
53$2,430,614$2,088,196$1,994,381$2,316,901
54$2,641,106$2,153,088$2,023,762$2,427,932
55$2,871,890$2,219,980$2,052,949$2,546,862
56$3,124,998$2,288,934$2,081,898$2,674,407
57$3,402,668$2,360,012$2,110,562$2,811,353
58$3,707,366$2,433,279$2,138,892$2,958,564
59$4,041,809$2,508,801$2,166,837$3,116,991
60$4,408,988$2,586,647$2,194,340$3,287,679
61$4,812,200$2,666,887$2,221,345$3,471,776
62$5,255,074$2,749,594$2,247,790$3,670,546
63$5,741,610$2,834,843$2,273,609$3,885,378
64$6,276,214$2,922,710$2,298,735$4,117,803
65$6,863,740$3,013,275$2,323,095$4,369,502
66$7,509,535$3,106,620$2,346,612$4,642,326
67$8,219,491$3,202,827$2,369,207$4,938,314
68$9,000,097$3,301,984$2,390,794$5,259,707
69$9,858,506$3,404,180$2,411,284$5,608,974
70$10,802,594$3,509,505$2,430,583$5,988,833
71$11,841,043$3,618,056$2,448,592$6,402,274
72$12,983,416$3,729,927$2,465,207$6,852,591
73$14,240,251$3,845,220$2,480,317$7,343,411
74$15,623,158$3,964,037$2,493,809$7,878,726
75$17,144,928$4,086,483$2,505,560$8,462,934
76$18,819,658$4,212,668$2,515,443$9,100,877
77$20,662,878$4,342,703$2,523,325$9,797,889
78$22,691,699$4,476,703$2,529,065$10,559,842
79$24,924,979$4,614,788$2,532,515$11,393,207
80$27,383,493$4,757,079$2,533,520$12,305,108
81$30,090,135$4,903,701$2,531,918$13,303,395
82$33,070,130$5,054,784$2,527,539$14,396,713
83$36,351,275$5,210,460$2,520,203$15,594,586
84$39,964,198$5,370,866$2,509,724$16,907,507
85$43,942,651$5,536,143$2,495,903$18,347,032
86$48,323,821$5,706,434$2,478,536$19,925,895
87$53,148,690$5,881,888$2,457,407$21,658,123
88$58,462,415$6,062,659$2,432,288$23,559,172
89$64,314,755$6,248,903$2,402,943$25,646,068
90$70,760,543$6,440,782$2,369,125$27,937,570
91$77,860,200$6,638,462$2,330,572$30,454,347
92$85,680,308$6,842,114$2,287,014$33,219,173
93$94,294,235$7,051,914$2,238,165$36,257,137
94$103,782,831$7,268,042$2,183,727$39,595,887
95$114,235,187$7,490,683$2,123,389$43,265,883
96$125,749,478$7,720,029$2,056,825$47,300,690
97$138,433,889$7,956,275$1,983,693$51,737,291
98$152,407,637$8,199,623$1,903,638$56,616,436
99$167,802,091$8,450,280$1,816,285$61,983,029
100$184,762,020$8,708,459$1,721,246$67,886,547