Can I retire at age 51 with 2,610,000?

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 $2,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$215,531$213,612$211,738$209,910$208,125$201,141
2 years$106,699$104,712$102,786$100,918$99,107$92,140
3 years$70,426$68,430$66,509$64,659$62,878$56,146
4 years$52,293$50,303$48,402$46,583$44,845$38,400
5 years$41,416$39,438$37,562$35,781$34,090$27,949
6 years$34,167$32,204$30,355$28,614$26,975$21,142
7 years$28,992$27,045$25,225$23,525$21,938$16,413
8 years$25,112$23,183$21,393$19,735$18,199$12,979
9 years$22,095$20,185$18,426$16,810$15,326$10,404
10 years$19,684$17,792$16,064$14,490$13,059$8,426
11 years$17,712$15,839$14,143$12,611$11,231$6,879
12 years$16,070$14,216$12,551$11,061$9,733$5,652
13 years$14,682$12,847$11,214$9,765$8,487$4,666
14 years$13,493$11,678$10,076$8,669$7,440$3,869
15 years$12,463$10,668$9,097$7,731$6,550$3,218
16 years$11,563$9,788$8,248$6,922$5,789$2,684
17 years$10,770$9,014$7,505$6,220$5,133$2,243
18 years$10,066$8,329$6,851$5,605$4,564$1,879
19 years$9,436$7,720$6,272$5,065$4,068$1,576
20 years$8,871$7,173$5,756$4,587$3,634$1,323
21 years$8,359$6,682$5,294$4,163$3,252$1,112
22 years$7,895$6,237$4,880$3,785$2,915$936
23 years$7,472$5,834$4,505$3,447$2,617$788
24 years$7,085$5,466$4,167$3,144$2,352$664
25 years$6,729$5,129$3,859$2,871$2,116$560
26 years$6,401$4,821$3,579$2,625$1,906$472
27 years$6,098$4,537$3,324$2,403$1,719$398
28 years$5,817$4,275$3,090$2,202$1,551$336
29 years$5,556$4,033$2,875$2,019$1,400$284
30 years$5,313$3,809$2,678$1,853$1,265$239
31 years$5,086$3,600$2,497$1,702$1,144$202
32 years$4,873$3,407$2,330$1,564$1,035$171
33 years$4,674$3,226$2,175$1,438$936$144
34 years$4,487$3,058$2,032$1,323$848$122
35 years$4,311$2,900$1,900$1,218$768$103
36 years$4,145$2,753$1,778$1,122$696$87
37 years$3,989$2,615$1,664$1,034$631$74
38 years$3,841$2,485$1,558$953$572$62
39 years$3,701$2,363$1,460$879$518$53
40 years$3,568$2,248$1,368$810$470$44
41 years$3,442$2,140$1,283$748$427$37
42 years$3,323$2,038$1,203$690$387$32
43 years$3,209$1,942$1,129$637$351$27
44 years$3,101$1,851$1,060$588$319$23
45 years$2,998$1,765$995$543$290$19
46 years$2,900$1,684$935$502$263$16
47 years$2,806$1,607$878$463$239$14
48 years$2,716$1,534$825$428$217$12
49 years$2,630$1,465$776$396$197$10
50 years$2,548$1,399$729$366$179$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,610,000, adding $5,454 every year, while hoping to spend $48,470 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: 71/24/5 Blend
50$2,610,000$2,610,000$2,610,000$2,610,000
51$2,881,846$2,743,516$2,703,061$3,084,719
52$3,124,222$2,826,376$2,742,042$3,302,145
53$3,389,697$2,911,673$2,780,704$3,533,469
54$3,680,574$2,999,473$2,818,985$3,785,284
55$3,999,392$3,089,846$2,856,821$4,059,590
56$4,348,947$3,182,866$2,894,141$4,358,589
57$4,732,317$3,278,604$2,930,873$4,684,704
58$5,152,894$3,377,136$2,966,938$5,040,605
59$5,614,413$3,478,540$3,002,254$5,429,229
60$6,120,989$3,582,893$3,036,735$5,853,811
61$6,677,153$3,690,279$3,070,289$6,317,913
62$7,287,899$3,800,778$3,102,820$6,825,458
63$7,958,725$3,914,477$3,134,225$7,380,764
64$8,695,691$4,031,462$3,164,397$7,988,588
65$9,505,470$4,151,823$3,193,223$8,654,169
66$10,395,416$4,275,650$3,220,584$9,383,278
67$11,373,628$4,403,036$3,246,353$10,182,268
68$12,449,031$4,534,078$3,270,399$11,058,141
69$13,631,457$4,668,873$3,292,582$12,018,606
70$14,931,738$4,807,520$3,312,756$13,072,157
71$16,361,809$4,950,122$3,330,767$14,228,148
72$17,934,819$5,096,783$3,346,453$15,496,888
73$19,665,254$5,247,610$3,359,643$16,889,729
74$21,569,079$5,402,711$3,370,160$18,419,178
75$23,663,879$5,562,198$3,377,814$20,099,016
76$25,969,034$5,726,185$3,382,410$21,944,423
77$28,505,895$5,894,788$3,383,741$23,972,123
78$31,297,989$6,068,124$3,381,588$26,200,544
79$34,371,237$6,246,316$3,375,725$28,649,986
80$37,754,204$6,429,486$3,365,912$31,342,817
81$41,478,362$6,617,760$3,351,900$34,303,680
82$45,578,391$6,811,266$3,333,424$37,559,730
83$50,092,503$7,010,135$3,310,211$41,140,884
84$55,062,807$7,214,500$3,281,971$45,080,105
85$60,535,698$7,424,496$3,248,402$49,413,715
86$66,562,304$7,640,261$3,209,188$54,181,734
87$73,198,961$7,861,935$3,163,998$59,428,261
88$80,507,746$8,089,661$3,112,483$65,201,885
89$88,557,067$8,323,585$3,054,281$71,556,145
90$97,422,300$8,563,853$2,989,012$78,550,037
91$107,186,507$8,810,615$2,916,277$86,248,568
92$117,941,219$9,064,023$2,835,660$94,723,369
93$129,787,294$9,324,231$2,746,726$104,053,372
94$142,835,876$9,591,396$2,649,019$114,325,552
95$157,209,436$9,865,675$2,542,062$125,635,752
96$173,042,935$10,147,230$2,425,357$138,089,581
97$190,485,092$10,436,222$2,298,385$151,803,415
98$209,699,791$10,732,815$2,160,599$166,905,493
99$230,867,623$11,037,177$2,011,433$183,537,127
100$254,187,595$11,349,473$1,850,290$201,854,035