Can I retire at age 51 with 2,290,000?

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 $2,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$189,106$187,422$185,778$184,174$182,608$178,338
2 years$93,617$91,873$90,184$88,545$86,956$82,679
3 years$61,791$60,040$58,355$56,732$55,169$51,017
4 years$45,882$44,136$42,467$40,872$39,347$35,353
5 years$36,338$34,603$32,956$31,394$29,911$26,086
6 years$29,978$28,256$26,634$25,106$23,667$20,016
7 years$25,437$23,729$22,133$20,641$19,248$15,770
8 years$22,033$20,340$18,770$17,315$15,968$12,662
9 years$19,386$17,710$16,167$14,749$13,447$10,311
10 years$17,270$15,611$14,095$12,713$11,458$8,488
11 years$15,540$13,897$12,409$11,065$9,854$7,046
12 years$14,100$12,473$11,012$9,705$8,539$5,889
13 years$12,882$11,272$9,839$8,568$7,446$4,949
14 years$11,838$10,246$8,840$7,606$6,528$4,177
15 years$10,935$9,360$7,982$6,783$5,747$3,539
16 years$10,146$8,588$7,236$6,073$5,080$3,007
17 years$9,450$7,909$6,585$5,457$4,504$2,562
18 years$8,832$7,308$6,011$4,918$4,005$2,187
19 years$8,279$6,773$5,503$4,444$3,569$1,870
20 years$7,783$6,294$5,050$4,025$3,188$1,602
21 years$7,334$5,863$4,645$3,653$2,853$1,374
22 years$6,927$5,472$4,281$3,321$2,557$1,180
23 years$6,556$5,118$3,953$3,025$2,296$1,014
24 years$6,216$4,796$3,656$2,759$2,063$872
25 years$5,904$4,500$3,386$2,519$1,857$750
26 years$5,616$4,230$3,140$2,303$1,673$646
27 years$5,350$3,981$2,916$2,108$1,508$557
28 years$5,104$3,751$2,711$1,932$1,361$480
29 years$4,875$3,539$2,523$1,771$1,229$414
30 years$4,661$3,342$2,350$1,626$1,110$357
31 years$4,462$3,159$2,191$1,493$1,004$308
32 years$4,276$2,989$2,044$1,372$908$266
33 years$4,101$2,831$1,908$1,262$822$229
34 years$3,937$2,683$1,783$1,161$744$198
35 years$3,783$2,545$1,667$1,069$674$171
36 years$3,637$2,415$1,560$984$610$148
37 years$3,500$2,294$1,460$907$553$128
38 years$3,370$2,180$1,367$836$502$110
39 years$3,247$2,073$1,281$771$455$95
40 years$3,131$1,972$1,200$711$413$82
41 years$3,020$1,877$1,126$656$374$71
42 years$2,916$1,788$1,056$605$340$61
43 years$2,816$1,704$991$559$308$53
44 years$2,721$1,624$930$516$280$46
45 years$2,630$1,549$873$477$254$40
46 years$2,544$1,477$820$440$231$34
47 years$2,462$1,410$771$407$209$30
48 years$2,383$1,346$724$376$190$26
49 years$2,308$1,285$681$347$173$22
50 years$2,236$1,228$640$321$157$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,290,000, adding $5,564 every year, while hoping to spend $52,073 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: 74/14/12 Blend
50$2,290,000$2,290,000$2,290,000$2,290,000
51$2,529,319$2,407,949$2,372,454$2,709,977
52$2,731,905$2,470,534$2,396,526$2,892,638
53$2,953,408$2,534,439$2,419,659$3,085,675
54$3,195,705$2,599,676$2,441,767$3,295,741
55$3,460,859$2,666,252$2,462,759$3,524,510
56$3,751,144$2,734,175$2,482,538$3,773,825
57$4,069,062$2,803,451$2,501,004$4,045,715
58$4,417,369$2,874,083$2,518,051$4,342,416
59$4,799,101$2,946,074$2,533,566$4,666,389
60$5,217,602$3,019,424$2,547,433$5,020,348
61$5,676,553$3,094,132$2,559,528$5,407,278
62$6,180,010$3,170,192$2,569,720$5,830,470
63$6,732,440$3,247,600$2,577,874$6,293,551
64$7,338,762$3,326,347$2,583,847$6,800,512
65$8,004,397$3,406,419$2,587,487$7,355,754
66$8,735,316$3,487,803$2,588,638$7,964,123
67$9,538,093$3,570,481$2,587,133$8,630,960
68$10,419,975$3,654,431$2,582,798$9,362,149
69$11,388,942$3,739,628$2,575,451$10,164,171
70$12,453,787$3,826,043$2,564,902$11,044,168
71$13,624,196$3,913,641$2,550,949$12,010,011
72$14,910,841$4,002,386$2,533,382$13,070,370
73$16,325,478$4,092,235$2,511,982$14,234,800
74$17,881,061$4,183,138$2,486,517$15,513,828
75$19,591,860$4,275,043$2,456,747$16,919,053
76$21,473,599$4,367,890$2,422,417$18,463,259
77$23,543,602$4,461,612$2,383,264$20,160,531
78$25,820,955$4,556,137$2,339,009$22,026,387
79$28,326,690$4,651,384$2,289,363$24,077,932
80$31,083,977$4,747,267$2,234,021$26,334,011
81$34,118,348$4,843,689$2,172,666$28,815,390
82$37,457,935$4,940,545$2,104,966$31,544,956
83$41,133,735$5,037,722$2,030,573$34,547,924
84$45,179,902$5,135,096$1,949,123$37,852,085
85$49,634,069$5,232,533$1,860,236$41,488,062
86$54,537,704$5,329,888$1,763,514$45,489,600
87$59,936,501$5,427,003$1,658,543$49,893,887
88$65,880,807$5,523,709$1,544,887$54,741,903
89$72,426,103$5,619,824$1,422,094$60,078,808
90$79,633,520$5,715,150$1,289,689$65,954,366
91$87,570,422$5,809,476$1,147,176$72,423,419
92$96,311,038$5,902,573$994,040$79,546,402
93$105,937,163$5,994,198$829,739$87,389,915
94$116,538,928$6,084,088$653,710$96,027,350
95$128,215,652$6,171,962$465,363$105,539,586
96$141,076,780$6,257,520$264,084$116,015,752
97$155,242,911$6,340,438$49,230$127,554,070
98$170,846,942$6,420,372$0$140,262,780
99$188,035,314$6,496,955$0$154,284,217
100$206,969,403$6,569,793$0$169,735,003