Can I retire at age 51 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$185,803$184,148$182,533$180,957$179,418$174,515
2 years$91,982$90,269$88,608$86,999$85,437$80,533
3 years$60,712$58,991$57,335$55,741$54,205$49,453
4 years$45,080$43,365$41,726$40,158$38,659$34,097
5 years$35,704$33,999$32,381$30,845$29,388$25,027
6 years$29,455$27,762$26,168$24,667$23,254$19,099
7 years$24,993$23,315$21,746$20,280$18,912$14,963
8 years$21,648$19,985$18,442$17,013$15,689$11,944
9 years$19,048$17,401$15,884$14,491$13,212$9,668
10 years$16,969$15,338$13,848$12,491$11,258$7,909
11 years$15,269$13,654$12,192$10,871$9,682$6,524
12 years$13,853$12,255$10,820$9,536$8,390$5,417
13 years$12,657$11,075$9,667$8,418$7,316$4,521
14 years$11,632$10,067$8,686$7,473$6,414$3,790
15 years$10,744$9,197$7,842$6,665$5,647$3,188
16 years$9,968$8,438$7,110$5,967$4,991$2,690
17 years$9,285$7,771$6,470$5,362$4,425$2,275
18 years$8,677$7,181$5,906$4,832$3,935$1,928
19 years$8,135$6,655$5,407$4,366$3,507$1,637
20 years$7,647$6,184$4,962$3,954$3,133$1,391
21 years$7,206$5,760$4,564$3,589$2,803$1,184
22 years$6,806$5,377$4,207$3,263$2,513$1,009
23 years$6,441$5,029$3,884$2,972$2,256$860
24 years$6,108$4,712$3,592$2,710$2,027$734
25 years$5,801$4,422$3,327$2,475$1,824$627
26 years$5,518$4,156$3,086$2,263$1,643$535
27 years$5,257$3,911$2,865$2,072$1,482$458
28 years$5,015$3,685$2,664$1,898$1,337$391
29 years$4,790$3,477$2,479$1,741$1,207$335
30 years$4,580$3,283$2,309$1,597$1,091$286
31 years$4,384$3,104$2,152$1,467$986$245
32 years$4,201$2,937$2,008$1,348$892$210
33 years$4,029$2,781$1,875$1,240$807$179
34 years$3,868$2,636$1,752$1,141$731$154
35 years$3,716$2,500$1,638$1,050$662$132
36 years$3,574$2,373$1,532$967$600$113
37 years$3,439$2,254$1,434$891$544$96
38 years$3,311$2,142$1,343$821$493$83
39 years$3,190$2,037$1,258$757$447$71
40 years$3,076$1,938$1,179$699$405$61
41 years$2,968$1,845$1,106$644$368$52
42 years$2,865$1,757$1,037$595$334$44
43 years$2,767$1,674$973$549$303$38
44 years$2,673$1,596$914$507$275$33
45 years$2,584$1,522$858$468$250$28
46 years$2,500$1,451$806$432$227$24
47 years$2,419$1,385$757$400$206$21
48 years$2,341$1,322$711$369$187$18
49 years$2,268$1,263$669$341$170$15
50 years$2,197$1,206$629$315$154$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,250,000, adding $4,514 every year, while hoping to spend $45,580 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: 65/23/12 Blend
50$2,250,000$2,250,000$2,250,000$2,250,000
51$2,484,156$2,364,906$2,330,031$2,638,573
52$2,689,043$2,432,290$2,359,590$2,809,594
53$2,913,301$2,501,448$2,388,612$2,990,639
54$3,158,858$2,572,418$2,417,031$3,187,308
55$3,427,836$2,645,241$2,444,776$3,401,120
56$3,722,573$2,719,956$2,471,773$3,633,752
57$4,045,644$2,796,602$2,497,946$3,887,047
58$4,399,884$2,875,220$2,523,212$4,163,036
59$4,788,416$2,955,850$2,547,484$4,463,956
60$5,214,681$3,038,533$2,570,671$4,792,269
61$5,682,467$3,123,310$2,592,677$5,150,687
62$6,195,948$3,210,221$2,613,401$5,542,197
63$6,759,720$3,299,308$2,632,735$5,970,089
64$7,378,849$3,390,611$2,650,569$6,437,987
65$8,058,912$3,484,172$2,666,784$6,949,881
66$8,806,056$3,580,031$2,681,256$7,510,169
67$9,627,050$3,678,228$2,693,854$8,123,694
68$10,529,352$3,778,805$2,704,442$8,795,791
69$11,521,181$3,881,801$2,712,875$9,532,339
70$12,611,588$3,987,255$2,719,002$10,339,811
71$13,810,546$4,095,207$2,722,665$11,225,343
72$15,129,044$4,205,695$2,723,697$12,196,793
73$16,579,189$4,318,756$2,721,923$13,262,822
74$18,174,318$4,434,427$2,717,160$14,432,969
75$19,929,128$4,552,744$2,709,214$15,717,747
76$21,859,811$4,673,741$2,697,885$17,128,737
77$23,984,209$4,797,450$2,682,960$18,678,702
78$26,321,977$4,923,905$2,664,219$20,381,701
79$28,894,776$5,053,134$2,641,428$22,253,229
80$31,726,472$5,185,165$2,614,344$24,310,357
81$34,843,360$5,320,026$2,582,713$26,571,896
82$38,274,415$5,457,740$2,546,266$29,058,574
83$42,051,565$5,598,329$2,504,725$31,793,230
84$46,209,988$5,741,811$2,457,797$34,801,032
85$50,788,449$5,888,202$2,405,176$38,109,714
86$55,829,662$6,037,515$2,346,540$41,749,834
87$61,380,694$6,189,759$2,281,556$45,755,069
88$67,493,408$6,344,940$2,209,871$50,162,525
89$74,224,953$6,503,060$2,131,118$55,013,094
90$81,638,302$6,664,114$2,044,916$60,351,835
91$89,802,850$6,828,096$1,950,860$66,228,405
92$98,795,060$6,994,992$1,848,534$72,697,519
93$108,699,194$7,164,785$1,737,498$79,819,477
94$119,608,101$7,337,449$1,617,293$87,660,722
95$131,624,097$7,512,953$1,487,442$96,294,478
96$144,859,927$7,691,260$1,347,444$105,801,434
97$159,439,833$7,872,325$1,196,776$116,270,508
98$175,500,721$8,056,094$1,034,893$127,799,687
99$193,193,457$8,242,506$861,225$140,496,950
100$212,684,290$8,431,489$675,176$154,481,291