Can I retire at age 51 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$156,900$155,503$154,139$152,808$151,509$146,835
2 years$77,673$76,227$74,825$73,465$72,147$67,479
3 years$51,268$49,815$48,417$47,070$45,773$41,258
4 years$38,068$36,619$35,235$33,911$32,646$28,317
5 years$30,150$28,710$27,344$26,047$24,817$20,687
6 years$24,873$23,444$22,098$20,830$19,637$15,709
7 years$21,105$19,688$18,363$17,126$15,970$12,244
8 years$18,280$16,876$15,574$14,366$13,249$9,722
9 years$16,085$14,694$13,414$12,237$11,157$7,827
10 years$14,329$12,952$11,694$10,548$9,506$6,367
11 years$12,894$11,530$10,295$9,180$8,176$5,221
12 years$11,698$10,349$9,137$8,052$7,085$4,310
13 years$10,688$9,353$8,163$7,109$6,178$3,575
14 years$9,822$8,501$7,335$6,310$5,416$2,979
15 years$9,073$7,766$6,622$5,628$4,769$2,490
16 years$8,418$7,125$6,004$5,039$4,214$2,087
17 years$7,840$6,562$5,463$4,528$3,737$1,754
18 years$7,328$6,064$4,987$4,080$3,323$1,476
19 years$6,869$5,620$4,566$3,687$2,962$1,245
20 years$6,457$5,222$4,190$3,339$2,645$1,051
21 years$6,085$4,864$3,854$3,031$2,367$888
22 years$5,747$4,540$3,552$2,755$2,122$751
23 years$5,439$4,247$3,280$2,509$1,905$636
24 years$5,157$3,979$3,033$2,289$1,712$539
25 years$4,898$3,734$2,809$2,090$1,541$457
26 years$4,660$3,509$2,606$1,911$1,388$387
27 years$4,439$3,303$2,420$1,749$1,251$329
28 years$4,235$3,112$2,249$1,603$1,129$279
29 years$4,045$2,936$2,093$1,470$1,019$237
30 years$3,868$2,773$1,950$1,349$921$201
31 years$3,702$2,621$1,818$1,239$833$171
32 years$3,548$2,480$1,696$1,139$753$145
33 years$3,403$2,349$1,583$1,047$682$123
34 years$3,266$2,226$1,479$963$617$105
35 years$3,138$2,111$1,383$887$559$89
36 years$3,018$2,004$1,294$817$507$76
37 years$2,904$1,903$1,211$752$459$64
38 years$2,796$1,809$1,134$694$416$55
39 years$2,694$1,720$1,063$640$377$46
40 years$2,598$1,636$996$590$342$40
41 years$2,506$1,558$934$544$311$34
42 years$2,419$1,484$876$502$282$29
43 years$2,336$1,414$822$464$256$24
44 years$2,257$1,347$772$428$232$21
45 years$2,182$1,285$725$395$211$18
46 years$2,111$1,226$681$365$191$15
47 years$2,043$1,170$639$337$174$13
48 years$1,977$1,117$601$312$158$11
49 years$1,915$1,066$565$288$143$9
50 years$1,855$1,019$531$266$130$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,900,000, adding $3,377 every year, while hoping to spend $43,970 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: 75/6/19 Blend
50$1,900,000$1,900,000$1,900,000$1,900,000
51$2,097,283$1,996,583$1,967,133$2,245,047
52$2,264,423$2,047,632$1,986,249$2,394,467
53$2,447,136$2,099,709$2,004,531$2,552,474
54$2,646,967$2,152,817$2,021,905$2,724,519
55$2,865,612$2,206,959$2,038,293$2,911,989
56$3,104,941$2,262,138$2,053,613$3,116,415
57$3,367,014$2,318,351$2,067,778$3,339,481
58$3,654,097$2,375,598$2,080,696$3,583,043
59$3,968,688$2,433,875$2,092,272$3,849,145
60$4,313,536$2,493,177$2,102,405$4,140,041
61$4,691,669$2,553,496$2,110,989$4,458,213
62$5,106,425$2,614,822$2,117,912$4,806,395
63$5,561,475$2,677,143$2,123,057$5,187,599
64$6,060,868$2,740,446$2,126,302$5,605,147
65$6,609,061$2,804,712$2,127,518$6,062,695
66$7,210,964$2,869,922$2,126,568$6,564,276
67$7,871,987$2,936,052$2,123,312$7,114,329
68$8,598,087$3,003,076$2,117,601$7,717,748
69$9,395,828$3,070,963$2,109,277$8,379,928
70$10,272,443$3,139,681$2,098,178$9,106,810
71$11,235,896$3,209,190$2,084,131$9,904,942
72$12,294,966$3,279,448$2,066,958$10,781,540
73$13,459,320$3,350,408$2,046,468$11,744,557
74$14,739,612$3,422,020$2,022,466$12,802,755
75$16,147,578$3,494,224$1,994,744$13,965,790
76$17,696,149$3,566,959$1,963,086$15,244,303
77$19,399,572$3,640,156$1,927,266$16,650,021
78$21,273,544$3,713,740$1,887,045$18,195,868
79$23,335,361$3,787,628$1,842,176$19,896,082
80$25,604,078$3,861,733$1,792,400$21,766,359
81$28,100,693$3,935,956$1,737,444$23,823,993
82$30,848,340$4,010,194$1,677,025$26,088,042
83$33,872,510$4,084,333$1,610,844$28,579,510
84$37,201,291$4,158,251$1,538,593$31,321,543
85$40,865,633$4,231,814$1,459,945$34,339,649
86$44,899,636$4,304,882$1,374,562$37,661,937
87$49,340,877$4,377,299$1,282,088$41,319,385
88$54,230,761$4,448,902$1,182,152$45,346,131
89$59,614,912$4,519,512$1,074,368$49,779,798
90$65,543,605$4,588,939$958,331$54,661,844
91$72,072,235$4,656,979$833,617$60,037,961
92$79,261,845$4,723,414$699,786$65,958,500
93$87,179,700$4,788,008$556,376$72,478,949
94$95,899,921$4,850,512$402,906$79,660,461
95$105,504,183$4,910,657$238,873$87,570,423
96$116,082,488$4,968,157$63,753$96,283,104
97$127,734,011$5,022,706$0$105,880,344
98$140,568,039$5,073,978$0$116,477,299
99$154,705,001$5,121,625$0$128,163,818
100$170,277,602$5,165,276$0$141,036,620