Can I retire at age 51 with 1,360,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$112,308$111,307$110,331$109,379$108,448$104,476
2 years$55,598$54,562$53,559$52,586$51,642$47,684
3 years$36,697$35,657$34,656$33,692$32,764$28,945
4 years$27,248$26,212$25,221$24,273$23,367$19,717
5 years$21,581$20,550$19,572$18,644$17,764$14,290
6 years$17,804$16,781$15,817$14,910$14,056$10,763
7 years$15,107$14,093$13,144$12,258$11,431$8,317
8 years$13,085$12,080$11,147$10,283$9,483$6,546
9 years$11,513$10,518$9,601$8,759$7,986$5,221
10 years$10,257$9,271$8,371$7,550$6,805$4,207
11 years$9,229$8,253$7,369$6,571$5,852$3,417
12 years$8,374$7,408$6,540$5,764$5,071$2,792
13 years$7,650$6,694$5,843$5,088$4,422$2,293
14 years$7,031$6,085$5,250$4,517$3,877$1,891
15 years$6,494$5,559$4,740$4,028$3,413$1,564
16 years$6,025$5,100$4,298$3,607$3,017$1,297
17 years$5,612$4,697$3,911$3,241$2,675$1,077
18 years$5,245$4,340$3,570$2,921$2,378$897
19 years$4,917$4,022$3,268$2,639$2,120$748
20 years$4,622$3,738$2,999$2,390$1,893$624
21 years$4,356$3,482$2,759$2,169$1,694$521
22 years$4,114$3,250$2,543$1,972$1,519$436
23 years$3,893$3,040$2,348$1,796$1,363$365
24 years$3,692$2,848$2,171$1,638$1,225$305
25 years$3,506$2,673$2,011$1,496$1,103$256
26 years$3,335$2,512$1,865$1,368$993$214
27 years$3,178$2,364$1,732$1,252$896$180
28 years$3,031$2,228$1,610$1,147$808$151
29 years$2,895$2,101$1,498$1,052$730$126
30 years$2,768$1,985$1,396$966$659$106
31 years$2,650$1,876$1,301$887$596$89
32 years$2,539$1,775$1,214$815$539$75
33 years$2,436$1,681$1,133$749$488$63
34 years$2,338$1,593$1,059$690$442$53
35 years$2,246$1,511$990$635$400$44
36 years$2,160$1,434$926$585$363$37
37 years$2,078$1,362$867$539$329$31
38 years$2,001$1,295$812$496$298$26
39 years$1,928$1,231$761$458$270$22
40 years$1,859$1,171$713$422$245$18
41 years$1,794$1,115$668$390$222$15
42 years$1,731$1,062$627$360$202$13
43 years$1,672$1,012$588$332$183$11
44 years$1,616$964$552$306$166$9
45 years$1,562$920$519$283$151$8
46 years$1,511$877$487$261$137$6
47 years$1,462$837$458$242$124$5
48 years$1,415$799$430$223$113$5
49 years$1,371$763$404$206$103$4
50 years$1,328$729$380$191$93$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,360,000, adding $3,310 every year, while hoping to spend $47,635 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: 65/24/11 Blend
50$1,360,000$1,360,000$1,360,000$1,360,000
51$1,502,134$1,430,054$1,408,974$1,595,909
52$1,604,669$1,449,444$1,405,492$1,678,263
53$1,716,065$1,468,187$1,400,296$1,762,314
54$1,837,177$1,486,201$1,393,279$1,852,939
55$1,968,944$1,503,400$1,384,329$1,950,775
56$2,112,399$1,519,689$1,373,326$2,056,525
57$2,268,678$1,534,969$1,360,148$2,170,965
58$2,439,034$1,549,133$1,344,663$2,294,949
59$2,624,844$1,562,068$1,326,737$2,429,420
60$2,827,622$1,573,654$1,306,227$2,575,417
61$3,049,037$1,583,761$1,282,984$2,734,086
62$3,290,927$1,592,252$1,256,851$2,906,691
63$3,555,312$1,598,983$1,227,666$3,094,624
64$3,844,418$1,603,798$1,195,258$3,299,423
65$4,160,697$1,606,533$1,159,447$3,522,780
66$4,506,847$1,607,012$1,120,048$3,766,564
67$4,885,840$1,605,050$1,076,864$4,032,835
68$5,300,948$1,600,450$1,029,691$4,323,864
69$5,755,775$1,593,002$978,316$4,642,155
70$6,254,289$1,582,484$922,515$4,990,470
71$6,800,861$1,568,660$862,054$5,371,854
72$7,400,306$1,551,282$796,689$5,789,666
73$8,057,926$1,530,083$726,167$6,247,607
74$8,779,560$1,504,783$650,220$6,749,760
75$9,571,643$1,475,085$568,569$7,300,628
76$10,441,260$1,440,673$480,926$7,905,174
77$11,396,217$1,401,215$386,986$8,568,871
78$12,445,113$1,356,357$286,432$9,297,754
79$13,597,421$1,305,724$178,933$10,098,476
80$14,863,576$1,248,923$64,145$10,978,374
81$16,255,074$1,185,533$0$11,945,536
82$17,784,580$1,115,113$0$13,015,731
83$19,466,048$1,037,194$0$14,200,420
84$21,314,849$951,281$0$15,502,954
85$23,347,922$856,852$0$16,935,332
86$25,583,925$753,352$0$18,510,782
87$28,043,417$640,198$0$20,243,883
88$30,749,051$516,773$0$22,150,704
89$33,725,783$382,424$0$24,248,957
90$37,001,112$236,462$0$26,558,167
91$40,605,336$78,160$0$29,099,854
92$44,571,840$0$0$31,897,735
93$48,937,408$0$0$35,002,583
94$53,742,569$0$0$38,442,905
95$59,031,983$0$0$42,230,046
96$64,854,860$0$0$46,399,254
97$71,265,421$0$0$50,989,366
98$78,323,412$0$0$56,043,177
99$86,094,670$0$0$61,607,842
100$94,651,738$0$0$67,735,324