Can I retire at age 51 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$142,862$141,589$140,348$139,136$137,953$133,217
2 years$70,724$69,406$68,130$66,892$65,692$60,969
3 years$46,681$45,358$44,085$42,859$41,678$37,116
4 years$34,662$33,343$32,082$30,877$29,725$25,359
5 years$27,452$26,141$24,897$23,717$22,596$18,438
6 years$22,647$21,346$20,121$18,966$17,880$13,932
7 years$19,217$17,927$16,720$15,593$14,541$10,804
8 years$16,645$15,366$14,180$13,081$12,063$8,533
9 years$14,646$13,379$12,213$11,142$10,159$6,832
10 years$13,047$11,793$10,648$9,604$8,656$5,526
11 years$11,740$10,499$9,374$8,359$7,444$4,506
12 years$10,652$9,423$8,319$7,332$6,451$3,697
13 years$9,732$8,516$7,433$6,473$5,626$3,048
14 years$8,943$7,741$6,678$5,746$4,931$2,524
15 years$8,261$7,071$6,030$5,124$4,342$2,096
16 years$7,665$6,488$5,467$4,588$3,837$1,746
17 years$7,139$5,975$4,975$4,123$3,402$1,457
18 years$6,672$5,521$4,541$3,715$3,025$1,218
19 years$6,255$5,117$4,157$3,357$2,697$1,020
20 years$5,880$4,755$3,815$3,040$2,409$855
21 years$5,541$4,429$3,509$2,759$2,155$718
22 years$5,233$4,134$3,234$2,509$1,932$603
23 years$4,953$3,867$2,986$2,285$1,734$507
24 years$4,696$3,623$2,762$2,084$1,559$427
25 years$4,460$3,400$2,558$1,903$1,403$359
26 years$4,243$3,195$2,372$1,740$1,264$302
27 years$4,042$3,007$2,203$1,593$1,139$255
28 years$3,856$2,834$2,048$1,459$1,028$214
29 years$3,683$2,673$1,906$1,338$928$181
30 years$3,522$2,525$1,775$1,228$839$152
31 years$3,371$2,387$1,655$1,128$758$128
32 years$3,230$2,258$1,544$1,037$686$108
33 years$3,098$2,139$1,442$953$621$91
34 years$2,974$2,027$1,347$877$562$77
35 years$2,858$1,922$1,259$807$509$65
36 years$2,748$1,825$1,178$744$461$55
37 years$2,644$1,733$1,103$685$418$46
38 years$2,546$1,647$1,033$632$379$39
39 years$2,453$1,566$968$582$344$33
40 years$2,365$1,490$907$537$312$28
41 years$2,282$1,418$850$496$283$23
42 years$2,203$1,351$798$457$257$20
43 years$2,127$1,287$748$422$233$17
44 years$2,055$1,227$703$390$211$14
45 years$1,987$1,170$660$360$192$12
46 years$1,922$1,116$620$333$174$10
47 years$1,860$1,065$582$307$158$8
48 years$1,800$1,017$547$284$144$7
49 years$1,743$971$514$262$130$6
50 years$1,689$927$483$242$119$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,730,000, adding $2,444 every year, while hoping to spend $53,035 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: 69/11/20 Blend
50$1,730,000$1,730,000$1,730,000$1,730,000
51$1,908,981$1,817,291$1,790,476$2,031,132
52$2,047,268$1,849,909$1,794,028$2,145,642
53$2,197,883$1,882,349$1,795,922$2,264,448
54$2,362,027$1,914,544$1,796,045$2,393,152
55$2,541,023$1,946,425$1,794,282$2,532,727
56$2,736,326$1,977,918$1,790,508$2,684,246
57$2,949,537$2,008,942$1,784,596$2,848,891
58$3,182,420$2,039,410$1,776,410$3,027,965
59$3,436,915$2,069,231$1,765,809$3,222,905
60$3,715,161$2,098,304$1,752,644$3,435,293
61$4,019,510$2,126,523$1,736,760$3,666,875
62$4,352,553$2,153,775$1,717,994$3,919,574
63$4,717,142$2,179,939$1,696,176$4,195,509
64$5,116,420$2,204,885$1,671,127$4,497,019
65$5,553,844$2,228,474$1,642,659$4,826,678
66$6,033,226$2,250,559$1,610,578$5,187,327
67$6,558,760$2,270,982$1,574,678$5,582,095
68$7,135,069$2,289,575$1,534,744$6,014,433
69$7,767,242$2,306,160$1,490,554$6,488,145
70$8,460,884$2,320,545$1,441,872$7,007,423
71$9,222,172$2,332,530$1,388,452$7,576,888
72$10,057,907$2,341,897$1,330,038$8,201,635
73$10,975,582$2,348,418$1,266,363$8,887,280
74$11,983,450$2,351,850$1,197,145$9,640,013
75$13,090,604$2,351,933$1,122,092$10,466,657
76$14,307,061$2,348,392$1,040,896$11,374,733
77$15,643,854$2,340,936$953,239$12,372,534
78$17,113,140$2,329,255$858,786$13,469,197
79$18,728,313$2,313,021$757,188$14,674,796
80$20,504,126$2,291,885$648,079$16,000,436
81$22,456,837$2,265,477$531,080$17,458,357
82$24,604,354$2,233,405$405,791$19,062,048
83$26,966,412$2,195,256$271,798$20,826,383
84$29,564,750$2,150,587$128,668$22,767,752
85$32,423,324$2,098,935$0$24,904,222
86$35,568,525$2,039,805$0$27,260,846
87$39,029,435$1,972,676$0$29,884,072
88$42,838,094$1,896,994$0$32,770,714
89$47,029,808$1,812,175$0$35,947,548
90$51,643,477$1,717,600$0$39,444,081
91$56,721,964$1,612,615$0$43,292,829
92$62,312,498$1,496,527$0$47,529,624
93$68,467,122$1,368,605$0$52,193,952
94$75,243,177$1,228,076$0$57,329,325
95$82,703,851$1,074,121$0$62,983,695
96$90,918,768$905,878$0$69,209,903
97$99,964,649$722,433$0$76,066,178
98$109,926,034$522,823$0$83,616,691
99$120,896,077$306,028$0$91,932,157
100$132,977,428$70,975$0$101,090,503