Can I retire at age 51 with 2,550,000?

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 $2,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$210,577$208,701$206,871$205,085$203,341$196,989
2 years$104,246$102,304$100,423$98,598$96,829$90,487
3 years$68,807$66,857$64,980$63,173$61,432$55,298
4 years$51,091$49,147$47,289$45,513$43,814$37,935
5 years$40,464$38,532$36,698$34,958$33,307$27,698
6 years$33,382$31,464$29,658$27,956$26,354$21,022
7 years$28,325$26,424$24,646$22,984$21,433$16,376
8 years$24,534$22,650$20,901$19,281$17,781$12,995
9 years$21,587$19,721$18,002$16,423$14,974$10,455
10 years$19,231$17,383$15,695$14,157$12,759$8,499
11 years$17,305$15,475$13,818$12,321$10,973$6,966
12 years$15,701$13,889$12,263$10,807$9,509$5,746
13 years$14,344$12,552$10,956$9,541$8,292$4,764
14 years$13,183$11,409$9,844$8,469$7,269$3,966
15 years$12,177$10,423$8,888$7,553$6,400$3,313
16 years$11,297$9,563$8,058$6,763$5,656$2,775
17 years$10,522$8,807$7,332$6,077$5,015$2,330
18 years$9,834$8,138$6,694$5,476$4,459$1,960
19 years$9,219$7,542$6,128$4,948$3,975$1,651
20 years$8,667$7,009$5,624$4,482$3,550$1,393
21 years$8,167$6,528$5,173$4,067$3,177$1,176
22 years$7,714$6,094$4,767$3,698$2,848$994
23 years$7,300$5,699$4,402$3,368$2,556$841
24 years$6,922$5,340$4,071$3,072$2,298$712
25 years$6,574$5,011$3,771$2,805$2,068$603
26 years$6,254$4,710$3,497$2,565$1,862$511
27 years$5,958$4,433$3,247$2,348$1,679$433
28 years$5,683$4,177$3,019$2,151$1,515$367
29 years$5,428$3,940$2,809$1,973$1,368$312
30 years$5,191$3,721$2,617$1,810$1,236$264
31 years$4,969$3,518$2,439$1,663$1,118$224
32 years$4,761$3,328$2,276$1,528$1,011$191
33 years$4,567$3,152$2,125$1,405$915$162
34 years$4,384$2,988$1,986$1,293$828$137
35 years$4,212$2,834$1,856$1,190$750$117
36 years$4,050$2,690$1,737$1,096$680$99
37 years$3,897$2,554$1,625$1,010$616$84
38 years$3,753$2,428$1,522$931$559$71
39 years$3,616$2,308$1,426$858$507$61
40 years$3,486$2,196$1,337$792$459$52
41 years$3,363$2,091$1,253$730$417$44
42 years$3,247$1,991$1,176$674$378$37
43 years$3,135$1,897$1,103$622$343$32
44 years$3,030$1,808$1,036$575$312$27
45 years$2,929$1,724$972$531$283$23
46 years$2,833$1,645$913$490$257$19
47 years$2,741$1,570$858$453$233$16
48 years$2,654$1,499$806$418$212$14
49 years$2,570$1,431$758$387$192$12
50 years$2,490$1,367$713$357$175$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,550,000, adding $3,759 every year, while hoping to spend $53,250 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: 33/38/29 Blend
50$2,550,000$2,550,000$2,550,000$2,550,000
51$2,813,977$2,678,827$2,639,302$2,881,963
52$3,044,346$2,753,432$2,671,061$3,008,750
53$3,296,426$2,829,908$2,702,100$3,140,319
54$3,572,379$2,908,291$2,732,337$3,281,094
55$3,874,579$2,988,615$2,761,688$3,431,925
56$4,205,645$3,070,916$2,790,064$3,593,754
57$4,568,460$3,155,229$2,817,369$3,767,613
58$4,966,197$3,241,590$2,843,506$3,954,642
59$5,402,354$3,330,033$2,868,368$4,156,095
60$5,880,782$3,420,592$2,891,846$4,373,353
61$6,405,722$3,513,301$2,913,823$4,607,937
62$6,981,846$3,608,194$2,934,177$4,861,523
63$7,614,302$3,705,302$2,952,779$5,135,957
64$8,308,757$3,804,659$2,969,494$5,433,274
65$9,071,458$3,906,294$2,984,179$5,755,713
66$9,909,283$4,010,239$2,996,685$6,105,745
67$10,829,811$4,116,522$3,006,856$6,486,090
68$11,841,391$4,225,171$3,014,525$6,899,746
69$12,953,221$4,336,213$3,019,519$7,350,016
70$14,175,434$4,449,671$3,021,657$7,840,541
71$15,519,193$4,565,571$3,020,748$8,375,333
72$16,996,799$4,683,932$3,016,591$8,958,814
73$18,621,802$4,804,774$3,008,977$9,595,856
74$20,409,132$4,928,114$2,997,684$10,291,830
75$22,375,239$5,053,967$2,982,481$11,052,654
76$24,538,246$5,182,344$2,963,128$11,884,852
77$26,918,124$5,313,255$2,939,369$12,795,614
78$29,536,873$5,446,706$2,910,939$13,792,864
79$32,418,738$5,582,698$2,877,559$14,885,336
80$35,590,430$5,721,231$2,838,937$16,082,655
81$39,081,381$5,862,299$2,794,769$17,395,433
82$42,924,022$6,005,892$2,744,734$18,835,363
83$47,154,088$6,151,995$2,688,498$20,415,334
84$51,810,952$6,300,590$2,625,710$22,149,553
85$56,938,001$6,451,651$2,556,003$24,053,678
86$62,583,043$6,605,148$2,478,995$26,144,968
87$68,798,756$6,761,043$2,394,284$28,442,446
88$75,643,188$6,919,293$2,301,451$30,967,077
89$83,180,300$7,079,846$2,200,057$33,741,972
90$91,480,576$7,242,643$2,089,644$36,792,601
91$100,621,681$7,407,618$1,969,733$40,147,037
92$110,689,195$7,574,695$1,839,822$43,836,224
93$121,777,425$7,743,787$1,699,389$47,894,266
94$133,990,290$7,914,800$1,547,885$52,358,753
95$147,442,301$8,087,627$1,384,741$57,271,114
96$162,259,645$8,262,150$1,209,359$62,677,013
97$178,581,373$8,438,239$1,021,116$68,626,778
98$196,560,710$8,615,750$819,361$75,175,882
99$216,366,508$8,794,526$603,415$82,385,460
100$238,184,829$8,974,396$372,567$90,322,897