Can I retire at age 51 with 2,050,000?

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 $2,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$169,287$167,779$166,308$164,872$163,470$159,518
2 years$83,805$82,245$80,732$79,265$77,843$73,885
3 years$55,315$53,748$52,239$50,786$49,387$45,547
4 years$41,073$39,510$38,017$36,589$35,223$31,531
5 years$32,530$30,977$29,502$28,104$26,776$23,241
6 years$26,836$25,295$23,842$22,475$21,187$17,814
7 years$22,771$21,242$19,813$18,478$17,231$14,019
8 years$19,724$18,209$16,803$15,500$14,294$11,243
9 years$17,355$15,854$14,472$13,203$12,038$9,145
10 years$15,460$13,974$12,617$11,381$10,257$7,518
11 years$13,912$12,441$11,108$9,905$8,821$6,233
12 years$12,622$11,166$9,858$8,688$7,644$5,203
13 years$11,532$10,091$8,808$7,670$6,666$4,366
14 years$10,598$9,172$7,914$6,809$5,843$3,680
15 years$9,789$8,379$7,145$6,072$5,145$3,113
16 years$9,082$7,688$6,478$5,437$4,547$2,642
17 years$8,459$7,080$5,895$4,885$4,032$2,247
18 years$7,906$6,542$5,381$4,402$3,585$1,916
19 years$7,412$6,063$4,926$3,978$3,195$1,636
20 years$6,967$5,634$4,521$3,603$2,854$1,399
21 years$6,566$5,248$4,158$3,270$2,554$1,198
22 years$6,201$4,899$3,833$2,973$2,289$1,027
23 years$5,869$4,582$3,539$2,708$2,055$881
24 years$5,565$4,293$3,273$2,469$1,847$757
25 years$5,285$4,029$3,031$2,255$1,662$650
26 years$5,028$3,786$2,811$2,062$1,497$559
27 years$4,790$3,563$2,611$1,887$1,350$481
28 years$4,569$3,358$2,427$1,729$1,218$414
29 years$4,364$3,168$2,258$1,586$1,100$356
30 years$4,173$2,992$2,104$1,455$994$307
31 years$3,995$2,828$1,961$1,337$898$264
32 years$3,828$2,676$1,830$1,228$813$228
33 years$3,671$2,534$1,708$1,130$736$196
34 years$3,524$2,402$1,596$1,039$666$169
35 years$3,386$2,278$1,492$957$603$146
36 years$3,256$2,162$1,396$881$546$126
37 years$3,133$2,054$1,307$812$495$108
38 years$3,017$1,952$1,224$748$449$93
39 years$2,907$1,856$1,146$690$407$81
40 years$2,803$1,766$1,075$636$369$70
41 years$2,704$1,681$1,008$587$335$60
42 years$2,610$1,601$945$542$304$52
43 years$2,521$1,525$887$500$276$45
44 years$2,436$1,454$833$462$250$38
45 years$2,355$1,386$782$427$227$33
46 years$2,277$1,322$734$394$206$29
47 years$2,204$1,262$690$364$187$25
48 years$2,133$1,205$648$336$170$21
49 years$2,066$1,150$609$311$155$18
50 years$2,002$1,099$573$287$140$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,050,000, adding $6,796 every year, while hoping to spend $44,924 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: 70/22/8 Blend
50$2,050,000$2,050,000$2,050,000$2,050,000
51$2,266,110$2,157,460$2,125,685$2,421,133
52$2,449,455$2,215,377$2,149,097$2,582,517
53$2,649,994$2,274,626$2,171,787$2,752,891
54$2,869,436$2,335,225$2,193,684$2,938,096
55$3,109,659$2,397,191$2,214,713$3,139,579
56$3,372,732$2,460,542$2,234,794$3,358,934
57$3,660,935$2,525,292$2,253,843$3,597,916
58$3,976,775$2,591,456$2,271,772$3,858,457
59$4,323,018$2,659,049$2,288,488$4,142,683
60$4,702,707$2,728,084$2,303,893$4,452,939
61$5,119,194$2,798,571$2,317,885$4,791,805
62$5,576,172$2,870,522$2,330,355$5,162,123
63$6,077,710$2,943,945$2,341,189$5,567,024
64$6,628,286$3,018,848$2,350,269$6,009,955
65$7,232,836$3,095,237$2,357,468$6,494,715
66$7,896,797$3,173,115$2,362,655$7,025,487
67$8,626,158$3,252,486$2,365,692$7,606,882
68$9,427,517$3,333,347$2,366,433$8,243,975
69$10,308,140$3,415,698$2,364,725$8,942,362
70$11,276,037$3,499,534$2,360,410$9,708,204
71$12,340,027$3,584,846$2,353,318$10,548,292
72$13,509,831$3,671,624$2,343,275$11,470,105
73$14,796,154$3,759,854$2,330,095$12,481,884
74$16,210,795$3,849,520$2,313,586$13,592,711
75$17,766,750$3,940,600$2,293,546$14,812,591
76$19,478,340$4,033,071$2,269,761$16,152,546
77$21,361,342$4,126,903$2,242,010$17,624,723
78$23,433,142$4,222,064$2,210,059$19,242,506
79$25,712,892$4,318,515$2,173,667$21,020,642
80$28,221,699$4,416,214$2,132,576$22,975,380
81$30,982,816$4,515,112$2,086,521$25,124,626
82$34,021,865$4,615,155$2,035,222$27,488,110
83$37,367,080$4,716,283$1,978,387$30,087,571
84$41,049,569$4,818,427$1,915,709$32,946,968
85$45,103,610$4,921,515$1,846,870$36,092,699
86$49,566,973$5,025,464$1,771,535$39,553,853
87$54,481,277$5,130,185$1,689,354$43,362,487
88$59,892,382$5,235,578$1,599,962$47,553,924
89$65,850,821$5,341,538$1,502,977$52,167,088
90$72,412,278$5,447,946$1,398,000$57,244,876
91$79,638,110$5,554,675$1,284,613$62,834,554
92$87,595,930$5,661,587$1,162,380$68,988,212
93$96,360,242$5,768,532$1,030,847$75,763,249
94$106,013,144$5,875,347$889,537$83,222,921
95$116,645,103$5,981,857$737,955$91,436,932
96$128,355,808$6,087,873$575,581$100,482,096
97$141,255,111$6,193,190$401,874$110,443,061
98$155,464,065$6,297,588$216,269$121,413,111
99$171,116,061$6,400,831$18,175$133,495,041
100$188,358,092$6,502,665$0$146,802,132