Can I retire at age 51 with 1,250,000?

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 $1,250,000?

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$103,224$102,304$101,407$100,532$99,677$98,147
2 years$51,101$50,149$49,227$48,333$47,465$45,927
3 years$33,729$32,773$31,853$30,967$30,114$28,616
4 years$25,045$24,092$23,181$22,310$21,477$20,031
5 years$19,835$18,888$17,989$17,136$16,327$14,937
6 years$16,364$15,424$14,538$13,704$12,919$11,586
7 years$13,885$12,953$12,081$11,267$10,506$9,232
8 years$12,027$11,103$10,246$9,451$8,716$7,499
9 years$10,582$9,667$8,825$8,051$7,340$6,180
10 years$9,427$8,521$7,694$6,940$6,254$5,150
11 years$8,483$7,586$6,773$6,040$5,379$4,330
12 years$7,696$6,809$6,011$5,298$4,661$3,666
13 years$7,031$6,153$5,371$4,677$4,065$3,122
14 years$6,462$5,593$4,825$4,152$3,563$2,671
15 years$5,969$5,109$4,357$3,703$3,137$2,294
16 years$5,538$4,688$3,950$3,315$2,773$1,977
17 years$5,158$4,317$3,594$2,979$2,458$1,709
18 years$4,821$3,989$3,281$2,684$2,186$1,480
19 years$4,519$3,697$3,004$2,426$1,948$1,285
20 years$4,248$3,436$2,757$2,197$1,740$1,117
21 years$4,004$3,200$2,536$1,994$1,557$973
22 years$3,781$2,987$2,337$1,813$1,396$848
23 years$3,579$2,794$2,158$1,651$1,253$740
24 years$3,393$2,618$1,996$1,506$1,126$647
25 years$3,223$2,457$1,848$1,375$1,014$566
26 years$3,066$2,309$1,714$1,257$913$495
27 years$2,921$2,173$1,592$1,151$823$433
28 years$2,786$2,047$1,480$1,054$743$380
29 years$2,661$1,931$1,377$967$671$333
30 years$2,544$1,824$1,283$887$606$292
31 years$2,436$1,724$1,196$815$548$256
32 years$2,334$1,632$1,116$749$496$225
33 years$2,239$1,545$1,042$689$448$197
34 years$2,149$1,464$973$634$406$173
35 years$2,065$1,389$910$583$368$152
36 years$1,985$1,318$851$537$333$134
37 years$1,910$1,252$797$495$302$117
38 years$1,840$1,190$746$456$274$103
39 years$1,772$1,132$699$421$248$91
40 years$1,709$1,077$655$388$225$80
41 years$1,649$1,025$614$358$204$70
42 years$1,591$976$576$330$185$61
43 years$1,537$930$541$305$168$54
44 years$1,485$886$508$282$153$47
45 years$1,436$845$477$260$139$42
46 years$1,389$806$448$240$126$37
47 years$1,344$770$421$222$114$32
48 years$1,301$735$395$205$104$28
49 years$1,260$702$372$190$94$25
50 years$1,220$670$349$175$86$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,250,000, adding $5,280 every year, while hoping to spend $33,517 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: 68/26/6 Blend
50$1,250,000$1,250,000$1,250,000$1,250,000
51$1,382,946$1,316,696$1,297,321$1,475,429
52$1,488,345$1,345,553$1,305,120$1,566,222
53$1,603,371$1,374,700$1,312,056$1,660,892
54$1,728,971$1,404,116$1,318,066$1,763,505
55$1,866,187$1,433,778$1,323,082$1,874,831
56$2,016,166$1,463,662$1,327,033$1,995,718
57$2,180,171$1,493,737$1,329,845$2,127,101
58$2,359,593$1,523,975$1,331,440$2,270,009
59$2,555,963$1,554,341$1,331,734$2,425,575
60$2,770,967$1,584,799$1,330,643$2,595,047
61$3,006,461$1,615,310$1,328,075$2,779,801
62$3,264,491$1,645,832$1,323,937$2,981,351
63$3,547,309$1,676,316$1,318,128$3,201,366
64$3,857,393$1,706,715$1,310,544$3,441,684
65$4,197,476$1,736,973$1,301,077$3,704,332
66$4,570,567$1,767,033$1,289,611$3,991,540
67$4,979,979$1,796,832$1,276,027$4,305,767
68$5,429,362$1,826,301$1,260,199$4,649,724
69$5,922,737$1,855,370$1,241,995$5,026,394
70$6,464,533$1,883,960$1,221,279$5,439,067
71$7,059,628$1,911,988$1,197,905$5,891,368
72$7,713,399$1,939,364$1,171,724$6,387,291
73$8,431,766$1,965,992$1,142,576$6,931,237
74$9,221,251$1,991,771$1,110,298$7,528,056
75$10,089,041$2,016,591$1,074,715$8,183,093
76$11,043,054$2,040,334$1,035,649$8,902,238
77$12,092,011$2,062,876$992,908$9,691,981
78$13,245,522$2,084,083$946,297$10,559,475
79$14,514,176$2,103,813$895,608$11,512,603
80$15,909,637$2,121,915$840,626$12,560,052
81$17,444,757$2,138,227$781,125$13,711,394
82$19,133,699$2,152,577$716,870$14,977,181
83$20,992,065$2,164,781$647,613$16,369,040
84$23,037,046$2,174,646$573,098$17,899,784
85$25,287,584$2,181,963$493,057$19,583,534
86$27,764,551$2,186,513$407,208$21,435,855
87$30,490,945$2,188,061$315,258$23,473,897
88$33,492,104$2,186,359$216,902$25,716,562
89$36,795,951$2,181,143$111,821$28,184,682
90$40,433,251$2,172,132$0$30,901,215
91$44,437,905$2,159,029$0$33,891,484
92$48,847,268$2,141,519$0$37,190,992
93$53,702,503$2,119,266$0$40,823,327
94$59,048,965$2,091,917$0$44,822,381
95$64,936,634$2,059,095$0$49,225,504
96$71,420,582$2,020,402$0$54,073,857
97$78,561,495$1,975,416$0$59,412,799
98$86,426,247$1,923,691$0$65,292,322
99$95,088,524$1,864,752$0$71,767,515
100$104,629,529$1,798,099$0$78,899,090