Can I retire at age 51 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$140,384$139,134$137,914$136,723$135,560$133,535
2 years$69,497$68,203$66,949$65,732$64,553$62,516
3 years$45,871$44,571$43,320$42,115$40,955$38,971
4 years$34,061$32,765$31,526$30,342$29,209$27,294
5 years$26,976$25,688$24,465$23,305$22,204$20,362
6 years$22,255$20,976$19,772$18,637$17,570$15,803
7 years$18,883$17,616$16,430$15,323$14,289$12,599
8 years$16,356$15,100$13,934$12,854$11,854$10,240
9 years$14,392$13,147$12,002$10,949$9,983$8,444
10 years$12,821$11,589$10,463$9,438$8,506$7,041
11 years$11,537$10,317$9,212$8,214$7,315$5,923
12 years$10,467$9,260$8,175$7,205$6,339$5,018
13 years$9,563$8,368$7,304$6,361$5,528$4,276
14 years$8,788$7,606$6,563$5,646$4,846$3,661
15 years$8,118$6,949$5,925$5,035$4,267$3,147
16 years$7,532$6,375$5,372$4,509$3,771$2,714
17 years$7,015$5,871$4,888$4,051$3,343$2,347
18 years$6,556$5,425$4,462$3,651$2,973$2,034
19 years$6,146$5,028$4,085$3,299$2,650$1,767
20 years$5,778$4,672$3,749$2,988$2,367$1,538
21 years$5,445$4,352$3,448$2,712$2,118$1,340
22 years$5,142$4,063$3,178$2,465$1,899$1,169
23 years$4,867$3,800$2,935$2,245$1,704$1,021
24 years$4,615$3,560$2,714$2,048$1,532$893
25 years$4,383$3,341$2,514$1,870$1,378$782
26 years$4,169$3,140$2,331$1,710$1,242$684
27 years$3,972$2,955$2,165$1,565$1,119$600
28 years$3,789$2,784$2,013$1,434$1,010$526
29 years$3,619$2,627$1,873$1,315$912$461
30 years$3,460$2,481$1,744$1,207$824$405
31 years$3,313$2,345$1,626$1,108$745$355
32 years$3,174$2,219$1,517$1,019$674$312
33 years$3,044$2,101$1,417$937$610$274
34 years$2,923$1,992$1,324$862$552$241
35 years$2,808$1,889$1,238$793$500$212
36 years$2,700$1,793$1,158$731$453$186
37 years$2,598$1,703$1,084$673$411$164
38 years$2,502$1,618$1,015$621$372$144
39 years$2,411$1,539$951$572$338$127
40 years$2,324$1,464$891$528$306$111
41 years$2,242$1,394$836$487$278$98
42 years$2,164$1,327$784$449$252$86
43 years$2,090$1,265$736$415$229$76
44 years$2,020$1,206$690$383$208$67
45 years$1,953$1,150$648$354$189$59
46 years$1,889$1,097$609$327$171$52
47 years$1,828$1,047$572$302$155$45
48 years$1,769$999$538$279$141$40
49 years$1,713$954$505$258$128$35
50 years$1,660$911$475$238$116$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,700,000, adding $5,712 every year, while hoping to spend $43,019 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: 35/42/23 Blend
50$1,700,000$1,700,000$1,700,000$1,700,000
51$1,879,292$1,789,192$1,762,842$1,931,784
52$2,025,208$1,831,090$1,776,125$2,012,987
53$2,184,565$1,873,600$1,788,412$2,096,193
54$2,358,690$1,916,706$1,799,623$2,185,104
55$2,549,041$1,960,389$1,809,675$2,280,257
56$2,757,226$2,004,631$1,818,482$2,382,240
57$2,985,014$2,049,408$1,825,951$2,491,706
58$3,234,352$2,094,696$1,831,987$2,609,371
59$3,507,386$2,140,466$1,836,489$2,736,026
60$3,806,477$2,186,687$1,839,350$2,872,545
61$4,134,229$2,233,326$1,840,459$3,019,889
62$4,493,505$2,280,343$1,839,699$3,179,118
63$4,887,461$2,327,699$1,836,947$3,351,402
64$5,319,573$2,375,347$1,832,076$3,538,032
65$5,793,668$2,423,237$1,824,949$3,740,430
66$6,313,963$2,471,317$1,815,425$3,960,165
67$6,885,102$2,519,527$1,803,357$4,198,968
68$7,512,202$2,567,803$1,788,589$4,458,746
69$8,200,898$2,616,076$1,770,958$4,741,605
70$8,957,398$2,664,272$1,750,293$5,049,865
71$9,788,541$2,712,310$1,726,417$5,386,087
72$10,701,861$2,760,103$1,699,141$5,753,094
73$11,705,660$2,807,556$1,668,271$6,154,000
74$12,809,080$2,854,569$1,633,601$6,592,238
75$14,022,196$2,901,034$1,594,917$7,071,595
76$15,356,109$2,946,832$1,551,995$7,596,249
77$16,823,045$2,991,840$1,504,600$8,170,803
78$18,436,477$3,035,923$1,452,486$8,800,339
79$20,211,251$3,078,936$1,395,397$9,490,456
80$22,163,721$3,120,726$1,333,065$10,247,332
81$24,311,906$3,161,127$1,265,209$11,077,777
82$26,675,663$3,199,964$1,191,535$11,989,303
83$29,276,866$3,237,049$1,111,738$12,990,192
84$32,139,622$3,272,179$1,025,496$14,089,575
85$35,290,488$3,305,141$932,475$15,297,524
86$38,758,731$3,335,706$832,326$16,625,143
87$42,576,596$3,363,630$724,683$18,084,673
88$46,779,614$3,388,653$609,165$19,689,616
89$51,406,936$3,410,498$485,374$21,454,855
90$56,501,703$3,428,872$352,893$23,396,801
91$62,111,450$3,443,461$211,289$25,533,548
92$68,288,559$3,453,932$60,108$27,885,045
93$75,090,748$3,459,930$0$30,473,286
94$82,581,618$3,461,081$0$33,347,361
95$90,831,253$3,456,983$0$36,526,519
96$99,916,879$3,447,214$0$40,025,590
97$109,923,596$3,431,322$0$43,877,198
98$120,945,176$3,408,830$0$48,117,301
99$133,084,953$3,379,232$0$52,785,529
100$146,456,793$3,341,989$0$57,925,563