Can I retire at age 51 with 2,500,000?

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 $2,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$206,448$204,609$202,815$201,063$199,354$196,781
2 years$102,202$100,298$98,454$96,665$94,930$92,342
3 years$67,458$65,546$63,706$61,934$60,228$57,704
4 years$50,089$48,183$46,362$44,620$42,955$40,516
5 years$39,671$37,776$35,979$34,273$32,654$30,306
6 years$32,727$30,847$29,076$27,408$25,838$23,584
7 years$27,770$25,905$24,162$22,534$21,013$18,855
8 years$24,053$22,206$20,492$18,903$17,432$15,369
9 years$21,164$19,334$17,649$16,101$14,680$12,711
10 years$18,854$17,042$15,387$13,879$12,509$10,631
11 years$16,965$15,172$13,547$12,079$10,758$8,971
12 years$15,393$13,617$12,022$10,595$9,322$7,625
13 years$14,063$12,306$10,741$9,354$8,129$6,518
14 years$12,924$11,186$9,651$8,303$7,126$5,599
15 years$11,938$10,218$8,713$7,405$6,274$4,829
16 years$11,076$9,375$7,900$6,630$5,545$4,179
17 years$10,316$8,634$7,189$5,957$4,917$3,627
18 years$9,642$7,978$6,562$5,369$4,372$3,156
19 years$9,039$7,394$6,008$4,851$3,897$2,751
20 years$8,497$6,871$5,513$4,394$3,481$2,403
21 years$8,007$6,400$5,071$3,988$3,115$2,102
22 years$7,562$5,974$4,674$3,626$2,792$1,841
23 years$7,157$5,588$4,316$3,302$2,506$1,614
24 years$6,786$5,235$3,991$3,012$2,253$1,417
25 years$6,445$4,913$3,697$2,750$2,027$1,245
26 years$6,131$4,617$3,428$2,515$1,826$1,095
27 years$5,841$4,346$3,184$2,302$1,646$963
28 years$5,572$4,095$2,960$2,109$1,485$848
29 years$5,322$3,863$2,754$1,934$1,341$747
30 years$5,089$3,648$2,565$1,775$1,212$658
31 years$4,871$3,449$2,392$1,630$1,096$580
32 years$4,668$3,263$2,231$1,498$991$512
33 years$4,477$3,090$2,084$1,378$897$451
34 years$4,298$2,929$1,947$1,268$812$398
35 years$4,129$2,778$1,820$1,167$736$352
36 years$3,971$2,637$1,703$1,075$666$310
37 years$3,821$2,504$1,594$990$604$274
38 years$3,679$2,380$1,492$913$548$242
39 years$3,545$2,263$1,398$841$497$214
40 years$3,418$2,153$1,310$776$450$189
41 years$3,297$2,050$1,229$716$409$167
42 years$3,183$1,952$1,153$661$371$147
43 years$3,074$1,860$1,082$610$337$130
44 years$2,970$1,773$1,015$563$305$115
45 years$2,872$1,691$953$520$277$102
46 years$2,777$1,613$895$481$252$90
47 years$2,688$1,539$841$444$229$79
48 years$2,602$1,469$791$410$208$70
49 years$2,519$1,403$743$379$189$62
50 years$2,441$1,340$699$350$171$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,500,000, adding $6,993 every year, while hoping to spend $50,025 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: 21/49/30 Blend
50$2,500,000$2,500,000$2,500,000$2,500,000
51$2,762,213$2,629,713$2,590,963$2,793,858
52$2,990,733$2,705,343$2,624,534$2,899,379
53$3,240,885$2,783,002$2,657,553$3,007,517
54$3,514,823$2,862,737$2,689,949$3,122,036
55$3,814,918$2,944,595$2,721,646$3,243,487
56$4,143,784$3,028,624$2,752,565$3,372,473
57$4,504,295$3,114,872$2,782,622$3,509,659
58$4,899,621$3,203,388$2,811,727$3,655,777
59$5,333,251$3,294,222$2,839,788$3,811,630
60$5,809,027$3,387,424$2,866,706$3,978,102
61$6,331,185$3,483,045$2,892,377$4,156,168
62$6,904,385$3,581,134$2,916,692$4,346,898
63$7,533,766$3,681,743$2,939,535$4,551,473
64$8,224,986$3,784,923$2,960,784$4,771,190
65$8,984,277$3,890,727$2,980,313$5,007,480
66$9,818,507$3,999,206$2,997,987$5,261,915
67$10,735,239$4,110,413$3,013,665$5,536,231
68$11,742,809$4,224,398$3,027,198$5,832,337
69$12,850,398$4,341,216$3,038,431$6,152,336
70$14,068,119$4,460,916$3,047,199$6,498,544
71$15,407,118$4,583,552$3,053,331$6,873,515
72$16,879,673$4,709,174$3,056,647$7,280,061
73$18,499,310$4,837,835$3,056,955$7,721,279
74$20,280,935$4,969,584$3,054,058$8,200,583
75$22,240,968$5,104,471$3,047,747$8,721,735
76$24,397,503$5,242,547$3,037,803$9,288,879
77$26,770,476$5,383,859$3,023,996$9,906,583
78$29,381,851$5,528,454$3,006,087$10,579,880
79$32,255,831$5,676,380$2,983,822$11,314,317
80$35,419,083$5,827,680$2,956,938$12,116,006
81$38,900,992$5,982,399$2,925,157$12,991,684
82$42,733,933$6,140,577$2,888,191$13,948,776
83$46,953,584$6,302,255$2,845,735$14,995,464
84$51,599,254$6,467,470$2,797,471$16,140,766
85$56,714,259$6,636,257$2,743,068$17,394,622
86$62,346,329$6,808,649$2,682,176$18,767,986
87$68,548,058$6,984,675$2,614,432$20,272,933
88$75,377,398$7,164,363$2,539,453$21,922,768
89$82,898,210$7,347,734$2,456,843$23,732,160
90$91,180,863$7,534,809$2,366,183$25,717,274
91$100,302,899$7,725,602$2,267,037$27,895,927
92$110,349,762$7,920,124$2,158,950$30,287,758
93$121,415,608$8,118,380$2,041,446$32,914,411
94$133,604,191$8,320,372$1,914,025$35,799,743
95$147,029,841$8,526,093$1,776,167$38,970,049
96$161,818,545$8,735,532$1,627,329$42,454,310
97$178,109,134$8,948,670$1,466,943$46,284,470
98$196,054,594$9,165,484$1,294,413$50,495,736
99$215,823,509$9,385,938$1,109,122$55,126,911
100$237,601,650$9,609,992$910,421$60,220,767