Can I retire at age 51 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$146,165$144,863$143,593$142,353$141,142$138,462
2 years$72,359$71,011$69,705$68,439$67,211$64,521
3 years$47,760$46,407$45,104$43,849$42,641$40,026
4 years$35,463$34,114$32,824$31,591$30,412$27,891
5 years$28,087$26,746$25,473$24,265$23,119$20,699
6 years$23,171$21,840$20,586$19,405$18,293$15,978
7 years$19,661$18,341$17,107$15,954$14,877$12,667
8 years$17,030$15,722$14,508$13,383$12,342$10,236
9 years$14,984$13,689$12,496$11,400$10,394$8,391
10 years$13,349$12,066$10,894$9,827$8,856$6,954
11 years$12,012$10,741$9,591$8,552$7,616$5,813
12 years$10,898$9,641$8,512$7,501$6,600$4,893
13 years$9,957$8,713$7,605$6,623$5,756$4,142
14 years$9,150$7,920$6,833$5,879$5,045$3,523
15 years$8,452$7,235$6,169$5,243$4,442$3,007
16 years$7,842$6,638$5,593$4,694$3,926$2,575
17 years$7,304$6,113$5,090$4,218$3,481$2,211
18 years$6,826$5,649$4,646$3,801$3,095$1,903
19 years$6,399$5,235$4,253$3,435$2,759$1,641
20 years$6,016$4,865$3,904$3,111$2,464$1,417
21 years$5,669$4,531$3,590$2,823$2,205$1,226
22 years$5,354$4,230$3,309$2,567$1,977$1,061
23 years$5,067$3,956$3,055$2,338$1,774$920
24 years$4,805$3,707$2,826$2,132$1,595$798
25 years$4,563$3,478$2,617$1,947$1,435$693
26 years$4,341$3,269$2,427$1,780$1,293$602
27 years$4,135$3,077$2,254$1,630$1,166$523
28 years$3,945$2,899$2,095$1,493$1,052$455
29 years$3,768$2,735$1,950$1,369$950$396
30 years$3,603$2,583$1,816$1,257$858$345
31 years$3,449$2,442$1,693$1,154$776$300
32 years$3,305$2,310$1,580$1,061$702$261
33 years$3,170$2,188$1,475$975$635$228
34 years$3,043$2,074$1,378$897$575$198
35 years$2,924$1,967$1,289$826$521$173
36 years$2,811$1,867$1,205$761$472$151
37 years$2,705$1,773$1,128$701$428$131
38 years$2,605$1,685$1,057$646$388$115
39 years$2,510$1,602$990$596$352$100
40 years$2,420$1,524$928$550$319$87
41 years$2,335$1,451$870$507$289$76
42 years$2,253$1,382$816$468$263$66
43 years$2,176$1,317$766$432$238$58
44 years$2,103$1,255$719$399$216$50
45 years$2,033$1,197$675$368$196$44
46 years$1,966$1,142$634$340$178$38
47 years$1,903$1,090$596$314$162$33
48 years$1,842$1,040$560$290$147$29
49 years$1,784$993$526$268$134$25
50 years$1,728$949$495$248$121$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,770,000, adding $4,291 every year, while hoping to spend $21,099 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: 46/42/12 Blend
50$1,770,000$1,770,000$1,770,000$1,770,000
51$1,954,966$1,861,156$1,833,721$2,038,101
52$2,131,924$1,929,904$1,872,702$2,164,850
53$2,326,223$2,001,313$1,912,281$2,299,765
54$2,539,612$2,075,491$1,952,456$2,445,652
55$2,774,015$2,152,552$1,993,226$2,603,537
56$3,031,550$2,232,613$2,034,584$2,774,545
57$3,314,553$2,315,796$2,076,528$2,959,913
58$3,625,597$2,402,230$2,119,051$3,161,001
59$3,967,516$2,492,046$2,162,147$3,379,303
60$4,343,431$2,585,386$2,205,808$3,616,464
61$4,756,784$2,682,392$2,250,026$3,874,288
62$5,211,364$2,783,218$2,294,789$4,154,764
63$5,711,347$2,888,019$2,340,088$4,460,076
64$6,261,333$2,996,961$2,385,910$4,792,626
65$6,866,392$3,110,215$2,432,241$5,155,060
66$7,532,109$3,227,960$2,479,066$5,550,284
67$8,264,637$3,350,383$2,526,368$5,981,499
68$9,070,757$3,477,679$2,574,128$6,452,225
69$9,957,940$3,610,051$2,622,327$6,966,337
70$10,934,417$3,747,711$2,670,943$7,528,098
71$12,009,260$3,890,880$2,719,951$8,142,201
72$13,192,461$4,039,790$2,769,326$8,813,811
73$14,495,034$4,194,682$2,819,040$9,548,613
74$15,929,113$4,355,807$2,869,064$10,352,865
75$17,508,069$4,523,428$2,919,364$11,233,459
76$19,246,636$4,697,820$2,969,906$12,197,978
77$21,161,048$4,879,268$3,020,653$13,254,774
78$23,269,194$5,068,071$3,071,564$14,413,042
79$25,590,787$5,264,542$3,122,597$15,682,908
80$28,147,549$5,469,007$3,173,706$17,075,520
81$30,963,416$5,681,805$3,224,842$18,603,156
82$34,064,763$5,903,292$3,275,953$20,279,336
83$37,480,654$6,133,838$3,326,982$22,118,951
84$41,243,116$6,373,832$3,377,872$24,138,399
85$45,387,442$6,623,678$3,428,559$26,355,740
86$49,952,522$6,883,798$3,478,976$28,790,867
87$54,981,209$7,154,635$3,529,052$31,465,691
88$60,520,729$7,436,648$3,578,712$34,404,342
89$66,623,120$7,730,321$3,627,875$37,633,404
90$73,345,728$8,036,156$3,676,458$41,182,158
91$80,751,743$8,354,679$3,724,370$45,082,856
92$88,910,801$8,686,438$3,771,518$49,371,029
93$97,899,639$9,032,010$3,817,799$54,085,817
94$107,802,816$9,391,992$3,863,109$59,270,336
95$118,713,515$9,767,012$3,907,335$64,972,085
96$130,734,422$10,157,724$3,950,360$71,243,392
97$143,978,694$10,564,813$3,992,058$78,141,903
98$158,571,027$10,988,995$4,032,298$85,731,129
99$174,648,832$11,431,016$4,070,940$94,081,039
100$192,363,536$11,891,659$4,107,839$103,268,720