Can I retire at age 51 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$214,706$212,793$210,927$209,106$207,328$204,145
2 years$106,290$104,310$102,392$100,532$98,727$95,529
3 years$70,156$68,168$66,254$64,412$62,637$59,522
4 years$52,093$50,111$48,216$46,405$44,673$41,665
5 years$41,257$39,287$37,418$35,643$33,960$31,068
6 years$34,036$32,081$30,239$28,504$26,871$24,099
7 years$28,880$26,942$25,129$23,435$21,853$19,202
8 years$25,015$23,094$21,311$19,659$18,130$15,598
9 years$22,011$20,107$18,355$16,745$15,268$12,854
10 years$19,608$17,724$16,003$14,434$13,009$10,712
11 years$17,644$15,778$14,088$12,562$11,188$9,006
12 years$16,008$14,162$12,503$11,019$9,695$7,625
13 years$14,625$12,798$11,171$9,728$8,455$6,493
14 years$13,441$11,633$10,037$8,635$7,411$5,555
15 years$12,415$10,627$9,062$7,701$6,525$4,772
16 years$11,519$9,750$8,216$6,896$5,767$4,112
17 years$10,729$8,980$7,476$6,196$5,114$3,554
18 years$10,027$8,298$6,825$5,584$4,547$3,078
19 years$9,400$7,690$6,248$5,045$4,053$2,672
20 years$8,837$7,146$5,734$4,569$3,620$2,323
21 years$8,327$6,656$5,274$4,147$3,239$2,023
22 years$7,865$6,213$4,861$3,771$2,904$1,764
23 years$7,443$5,811$4,488$3,434$2,606$1,540
24 years$7,058$5,445$4,151$3,132$2,343$1,345
25 years$6,703$5,110$3,845$2,860$2,108$1,176
26 years$6,377$4,802$3,566$2,615$1,899$1,029
27 years$6,075$4,519$3,311$2,394$1,712$901
28 years$5,795$4,259$3,078$2,193$1,545$790
29 years$5,535$4,018$2,864$2,011$1,395$692
30 years$5,292$3,794$2,668$1,846$1,260$607
31 years$5,066$3,587$2,487$1,695$1,140$532
32 years$4,855$3,394$2,321$1,558$1,031$467
33 years$4,656$3,214$2,167$1,433$933$410
34 years$4,470$3,046$2,025$1,318$845$360
35 years$4,295$2,889$1,893$1,213$765$316
36 years$4,129$2,742$1,771$1,118$693$278
37 years$3,974$2,604$1,657$1,030$628$244
38 years$3,826$2,475$1,552$949$570$214
39 years$3,687$2,354$1,454$875$516$188
40 years$3,555$2,239$1,363$807$468$166
41 years$3,429$2,132$1,278$745$425$145
42 years$3,310$2,030$1,199$687$386$128
43 years$3,197$1,934$1,125$634$350$112
44 years$3,089$1,844$1,056$586$318$99
45 years$2,986$1,758$991$541$288$87
46 years$2,889$1,677$931$500$262$76
47 years$2,795$1,601$875$462$238$67
48 years$2,706$1,528$822$427$216$59
49 years$2,620$1,459$773$394$196$52
50 years$2,539$1,394$726$364$178$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,600,000, adding $3,418 every year, while hoping to spend $28,543 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: 41/33/26 Blend
50$2,600,000$2,600,000$2,600,000$2,600,000
51$2,868,726$2,730,926$2,690,626$2,964,275
52$3,130,966$2,834,371$2,750,392$3,136,891
53$3,418,999$2,941,930$2,811,204$3,320,668
54$3,735,423$3,053,771$2,873,066$3,519,040
55$4,083,106$3,170,075$2,935,983$3,733,365
56$4,465,202$3,291,028$2,999,958$3,965,135
57$4,885,189$3,416,825$3,064,993$4,215,988
58$5,346,897$3,547,668$3,131,089$4,487,726
59$5,854,548$3,683,771$3,198,248$4,782,331
60$6,412,790$3,825,354$3,266,467$5,101,978
61$7,026,747$3,972,649$3,335,746$5,449,063
62$7,702,062$4,125,896$3,406,081$5,826,218
63$8,444,956$4,285,348$3,477,468$6,236,339
64$9,262,279$4,451,268$3,549,901$6,682,611
65$10,161,581$4,623,929$3,623,372$7,168,539
66$11,151,180$4,803,620$3,697,873$7,697,978
67$12,240,241$4,990,638$3,773,393$8,275,169
68$13,438,864$5,185,297$3,849,919$8,904,781
69$14,758,174$5,387,923$3,927,438$9,591,950
70$16,210,434$5,598,857$4,005,933$10,342,329
71$17,809,152$5,818,455$4,085,386$11,162,141
72$19,569,215$6,047,089$4,165,775$12,058,235
73$21,507,025$6,285,147$4,247,079$13,038,151
74$23,640,657$6,533,034$4,329,272$14,110,189
75$25,990,027$6,791,176$4,412,326$15,283,486
76$28,577,081$7,060,014$4,496,209$16,568,102
77$31,426,000$7,340,012$4,580,889$17,975,117
78$34,563,432$7,631,652$4,666,329$19,516,725
79$38,018,739$7,935,441$4,752,488$21,206,359
80$41,824,278$8,251,904$4,839,324$23,058,809
81$46,015,701$8,581,595$4,926,788$25,090,361
82$50,632,298$8,925,089$5,014,831$27,318,954
83$55,717,363$9,282,988$5,103,398$29,764,343
84$61,318,602$9,655,922$5,192,430$32,448,284
85$67,488,586$10,044,550$5,281,863$35,394,741
86$74,285,247$10,449,558$5,371,631$38,630,109
87$81,772,421$10,871,665$5,461,660$42,183,460
88$90,020,455$11,311,623$5,551,872$46,086,817
89$99,106,866$11,770,217$5,642,184$50,375,453
90$109,117,077$12,248,269$5,732,508$55,088,226
91$120,145,221$12,746,636$5,822,749$60,267,938
92$132,295,030$13,266,217$5,912,807$65,961,741
93$145,680,811$13,807,950$6,002,574$72,221,578
94$160,428,530$14,372,815$6,091,937$79,104,672
95$176,676,996$14,961,840$6,180,773$86,674,063
96$194,579,177$15,576,097$6,268,956$94,999,201
97$214,303,635$16,216,708$6,356,348$104,156,599
98$236,036,125$16,884,846$6,442,806$114,230,552
99$259,981,346$17,581,740$6,528,175$125,313,930
100$286,364,869$18,308,671$6,612,295$137,509,054