Can I retire at age 51 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$157,726$156,321$154,950$153,612$152,306$146,321
2 years$78,082$76,628$75,219$73,852$72,527$66,570
3 years$51,538$50,077$48,671$47,318$46,014$40,273
4 years$38,268$36,812$35,420$34,090$32,818$27,337
5 years$30,308$28,861$27,488$26,184$24,947$19,740
6 years$25,004$23,567$22,214$20,940$19,740$14,810
7 years$21,216$19,792$18,460$17,216$16,054$11,399
8 years$18,377$16,965$15,656$14,442$13,318$8,934
9 years$16,169$14,771$13,484$12,301$11,216$7,096
10 years$14,405$13,020$11,756$10,604$9,557$5,693
11 years$12,962$11,591$10,350$9,228$8,219$4,602
12 years$11,760$10,404$9,185$8,095$7,122$3,743
13 years$10,744$9,402$8,206$7,146$6,211$3,059
14 years$9,874$8,546$7,373$6,344$5,444$2,510
15 years$9,121$7,807$6,657$5,657$4,794$2,066
16 years$8,462$7,163$6,036$5,066$4,237$1,704
17 years$7,882$6,597$5,492$4,551$3,756$1,409
18 years$7,366$6,095$5,014$4,102$3,340$1,167
19 years$6,906$5,649$4,590$3,706$2,977$967
20 years$6,491$5,250$4,212$3,357$2,659$803
21 years$6,117$4,890$3,874$3,046$2,380$667
22 years$5,778$4,564$3,571$2,770$2,133$555
23 years$5,468$4,269$3,297$2,523$1,915$462
24 years$5,185$4,000$3,049$2,301$1,721$384
25 years$4,924$3,754$2,824$2,101$1,549$320
26 years$4,684$3,528$2,619$1,921$1,395$267
27 years$4,463$3,320$2,432$1,759$1,258$222
28 years$4,257$3,128$2,261$1,611$1,135$185
29 years$4,066$2,951$2,104$1,478$1,025$155
30 years$3,888$2,787$1,960$1,356$926$129
31 years$3,722$2,635$1,827$1,245$837$108
32 years$3,566$2,493$1,705$1,145$757$90
33 years$3,421$2,361$1,592$1,052$685$75
34 years$3,284$2,238$1,487$968$620$62
35 years$3,155$2,122$1,391$891$562$52
36 years$3,034$2,014$1,301$821$509$43
37 years$2,919$1,913$1,218$756$461$36
38 years$2,811$1,818$1,140$697$418$30
39 years$2,708$1,729$1,068$643$379$25
40 years$2,611$1,645$1,001$593$344$21
41 years$2,519$1,566$939$547$312$18
42 years$2,432$1,491$881$505$283$15
43 years$2,349$1,421$826$466$257$12
44 years$2,269$1,354$776$430$233$10
45 years$2,194$1,292$728$397$212$9
46 years$2,122$1,232$684$367$192$7
47 years$2,053$1,176$643$339$175$6
48 years$1,988$1,122$604$313$159$5
49 years$1,925$1,072$568$290$144$4
50 years$1,865$1,024$534$268$131$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,910,000, adding $5,063 every year, while hoping to spend $35,839 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: 72/18/10 Blend
50$1,910,000$1,910,000$1,910,000$1,910,000
51$2,110,042$2,008,812$1,979,207$2,257,600
52$2,287,134$2,069,112$2,007,379$2,416,121
53$2,481,089$2,131,165$2,035,292$2,584,716
54$2,693,587$2,195,019$2,062,902$2,768,337
55$2,926,482$2,260,725$2,090,158$2,968,459
56$3,181,814$2,328,331$2,117,010$3,186,703
57$3,461,831$2,397,891$2,143,401$3,424,857
58$3,769,006$2,469,456$2,169,273$3,684,889
59$4,106,066$2,543,081$2,194,566$3,968,966
60$4,476,015$2,618,821$2,219,213$4,279,474
61$4,882,158$2,696,733$2,243,147$4,619,041
62$5,328,140$2,776,875$2,266,294$4,990,562
63$5,817,974$2,859,306$2,288,579$5,397,224
64$6,356,082$2,944,087$2,309,921$5,842,539
65$6,947,335$3,031,279$2,330,235$6,330,375
66$7,597,097$3,120,946$2,349,432$6,864,991
67$8,311,281$3,213,152$2,367,418$7,451,081
68$9,096,398$3,307,963$2,384,093$8,093,814
69$9,959,625$3,405,448$2,399,355$8,798,886
70$10,908,866$3,505,674$2,413,092$9,572,570
71$11,952,830$3,608,712$2,425,191$10,421,779
72$13,101,114$3,714,633$2,435,529$11,354,127
73$14,364,288$3,823,512$2,443,981$12,378,003
74$15,754,003$3,935,421$2,450,411$13,502,651
75$17,283,092$4,050,437$2,454,681$14,738,254
76$18,965,697$4,168,638$2,456,642$16,096,031
77$20,817,399$4,290,103$2,456,141$17,588,345
78$22,855,367$4,414,910$2,453,014$19,228,816
79$25,098,517$4,543,144$2,447,093$21,032,453
80$27,567,693$4,674,885$2,438,198$23,015,789
81$30,285,862$4,810,219$2,426,142$25,197,047
82$33,278,333$4,949,232$2,410,731$27,596,301
83$36,572,989$5,092,011$2,391,757$30,235,672
84$40,200,559$5,238,645$2,369,005$33,139,536
85$44,194,901$5,389,223$2,342,252$36,334,751
86$48,593,322$5,543,837$2,311,259$39,850,912
87$53,436,935$5,702,579$2,275,780$43,720,630
88$58,771,040$5,865,542$2,235,556$47,979,841
89$64,645,555$6,032,823$2,190,316$52,668,140
90$71,115,486$6,204,516$2,139,776$57,829,162
91$78,241,447$6,380,718$2,083,640$63,510,987
92$86,090,229$6,561,528$2,021,597$69,766,599
93$94,735,435$6,747,045$1,953,322$76,654,379
94$104,258,167$6,937,368$1,878,476$84,238,664
95$114,747,799$7,132,598$1,796,704$92,590,348
96$126,302,816$7,332,837$1,707,635$101,787,554
97$139,031,742$7,538,185$1,610,880$111,916,371
98$153,054,169$7,748,746$1,506,034$123,071,663
99$168,501,882$7,964,621$1,392,673$135,357,970
100$185,520,101$8,185,915$1,270,355$148,890,490