Can I retire at age 51 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$119,740$118,673$117,632$116,617$115,625$113,616
2 years$59,277$58,173$57,103$56,066$55,060$53,042
3 years$39,125$38,017$36,950$35,922$34,932$32,969
4 years$29,052$27,946$26,890$25,880$24,914$23,020
5 years$23,009$21,910$20,868$19,878$18,939$17,120
6 years$18,982$17,891$16,864$15,897$14,986$13,244
7 years$16,106$15,025$14,014$13,070$12,188$10,523
8 years$13,951$12,879$11,885$10,964$10,111$8,523
9 years$12,275$11,214$10,237$9,339$8,515$7,003
10 years$10,935$9,884$8,925$8,050$7,255$5,819
11 years$9,840$8,799$7,857$7,006$6,239$4,876
12 years$8,928$7,898$6,973$6,145$5,407$4,115
13 years$8,156$7,137$6,230$5,425$4,715$3,493
14 years$7,496$6,488$5,598$4,816$4,133$2,978
15 years$6,924$5,927$5,054$4,295$3,639$2,549
16 years$6,424$5,438$4,582$3,846$3,216$2,189
17 years$5,983$5,008$4,169$3,455$2,852$1,885
18 years$5,592$4,627$3,806$3,114$2,536$1,627
19 years$5,242$4,289$3,484$2,814$2,260$1,407
20 years$4,928$3,985$3,198$2,548$2,019$1,219
21 years$4,644$3,712$2,941$2,313$1,807$1,058
22 years$4,386$3,465$2,711$2,103$1,619$919
23 years$4,151$3,241$2,503$1,915$1,454$799
24 years$3,936$3,036$2,315$1,747$1,307$695
25 years$3,738$2,850$2,144$1,595$1,176$605
26 years$3,556$2,678$1,989$1,459$1,059$528
27 years$3,388$2,520$1,846$1,335$955$460
28 years$3,232$2,375$1,717$1,223$862$402
29 years$3,087$2,241$1,597$1,122$778$351
30 years$2,952$2,116$1,488$1,029$703$306
31 years$2,825$2,000$1,387$945$635$267
32 years$2,707$1,893$1,294$869$575$234
33 years$2,597$1,792$1,208$799$520$204
34 years$2,493$1,699$1,129$735$471$179
35 years$2,395$1,611$1,056$677$427$156
36 years$2,303$1,529$988$623$387$137
37 years$2,216$1,453$924$574$350$119
38 years$2,134$1,380$866$529$318$105
39 years$2,056$1,313$811$488$288$91
40 years$1,982$1,249$760$450$261$80
41 years$1,912$1,189$713$415$237$70
42 years$1,846$1,132$669$383$215$61
43 years$1,783$1,079$627$354$195$54
44 years$1,723$1,028$589$327$177$47
45 years$1,666$981$553$302$161$41
46 years$1,611$935$519$279$146$36
47 years$1,559$893$488$257$133$31
48 years$1,509$852$458$238$120$28
49 years$1,461$814$431$220$109$24
50 years$1,416$777$405$203$99$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,450,000, adding $4,846 every year, while hoping to spend $31,916 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: 82/9/9 Blend
50$1,450,000$1,450,000$1,450,000$1,450,000
51$1,602,899$1,526,049$1,503,574$1,731,917
52$1,732,436$1,566,867$1,519,985$1,857,900
53$1,874,116$1,608,615$1,535,876$1,991,445
54$2,029,145$1,651,306$1,551,197$2,137,091
55$2,198,848$1,694,950$1,565,892$2,296,033
56$2,384,687$1,739,559$1,579,906$2,469,586
57$2,588,270$1,785,143$1,593,178$2,659,201
58$2,811,370$1,831,711$1,605,646$2,866,473
59$3,055,938$1,879,273$1,617,243$3,093,160
60$3,324,122$1,927,836$1,627,900$3,341,199
61$3,618,291$1,977,408$1,637,542$3,612,723
62$3,941,050$2,027,995$1,646,094$3,910,082
63$4,295,272$2,079,602$1,653,473$4,235,863
64$4,684,121$2,132,233$1,659,595$4,592,917
65$5,111,080$2,185,891$1,664,370$4,984,385
66$5,579,987$2,240,577$1,667,704$5,413,728
67$6,095,073$2,296,292$1,669,498$5,884,757
68$6,660,993$2,353,033$1,669,650$6,401,671
69$7,282,880$2,410,798$1,668,049$6,969,098
70$7,966,388$2,469,581$1,664,582$7,592,135
71$8,717,744$2,529,374$1,659,130$8,276,399
72$9,543,810$2,590,170$1,651,567$9,028,077
73$10,452,145$2,651,955$1,641,762$9,853,988
74$11,451,080$2,714,716$1,629,576$10,761,643
75$12,549,789$2,778,437$1,614,866$11,759,321
76$13,758,383$2,843,096$1,597,480$12,856,141
77$15,088,003$2,908,672$1,577,260$14,062,154
78$16,550,921$2,975,139$1,554,040$15,388,432
79$18,160,660$3,042,466$1,527,646$16,847,177
80$19,932,122$3,110,622$1,497,897$18,451,833
81$21,881,724$3,179,567$1,464,602$20,217,216
82$24,027,556$3,249,262$1,427,562$22,159,649
83$26,389,550$3,319,659$1,386,568$24,297,122
84$28,989,670$3,390,709$1,341,404$26,649,456
85$31,852,116$3,462,353$1,291,841$29,238,494
86$35,003,556$3,534,532$1,237,641$32,088,304
87$38,473,371$3,607,177$1,178,555$35,225,410
88$42,293,940$3,680,214$1,114,322$38,679,039
89$46,500,941$3,753,563$1,044,671$42,481,396
90$51,133,686$3,827,136$969,316$46,667,974
91$56,235,494$3,900,839$887,960$51,277,879
92$61,854,101$3,974,567$800,294$56,354,211
93$68,042,108$4,048,209$705,992$61,944,459
94$74,857,477$4,121,645$604,717$68,100,959
95$82,364,078$4,194,744$496,113$74,881,382
96$90,632,293$4,267,365$379,812$82,349,280
97$99,739,679$4,339,358$255,428$90,574,686
98$109,771,699$4,410,560$122,558$99,634,778
99$120,822,531$4,480,796$0$109,614,601
100$132,995,952$4,549,878$0$120,609,722