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

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$146,165$144,863$143,593$142,353$141,142$139,668
2 years$72,359$71,011$69,705$68,439$67,211$65,726
3 years$47,760$46,407$45,104$43,849$42,641$41,192
4 years$35,463$34,114$32,824$31,591$30,412$29,010
5 years$28,087$26,746$25,473$24,265$23,119$21,768
6 years$23,171$21,840$20,586$19,405$18,293$16,995
7 years$19,661$18,341$17,107$15,954$14,877$13,632
8 years$17,030$15,722$14,508$13,383$12,342$11,150
9 years$14,984$13,689$12,496$11,400$10,394$9,254
10 years$13,349$12,066$10,894$9,827$8,856$7,769
11 years$12,012$10,741$9,591$8,552$7,616$6,580
12 years$10,898$9,641$8,512$7,501$6,600$5,614
13 years$9,957$8,713$7,605$6,623$5,756$4,818
14 years$9,150$7,920$6,833$5,879$5,045$4,155
15 years$8,452$7,235$6,169$5,243$4,442$3,598
16 years$7,842$6,638$5,593$4,694$3,926$3,127
17 years$7,304$6,113$5,090$4,218$3,481$2,725
18 years$6,826$5,649$4,646$3,801$3,095$2,381
19 years$6,399$5,235$4,253$3,435$2,759$2,085
20 years$6,016$4,865$3,904$3,111$2,464$1,829
21 years$5,669$4,531$3,590$2,823$2,205$1,607
22 years$5,354$4,230$3,309$2,567$1,977$1,414
23 years$5,067$3,956$3,055$2,338$1,774$1,246
24 years$4,805$3,707$2,826$2,132$1,595$1,099
25 years$4,563$3,478$2,617$1,947$1,435$970
26 years$4,341$3,269$2,427$1,780$1,293$857
27 years$4,135$3,077$2,254$1,630$1,166$757
28 years$3,945$2,899$2,095$1,493$1,052$670
29 years$3,768$2,735$1,950$1,369$950$593
30 years$3,603$2,583$1,816$1,257$858$525
31 years$3,449$2,442$1,693$1,154$776$465
32 years$3,305$2,310$1,580$1,061$702$412
33 years$3,170$2,188$1,475$975$635$366
34 years$3,043$2,074$1,378$897$575$324
35 years$2,924$1,967$1,289$826$521$288
36 years$2,811$1,867$1,205$761$472$255
37 years$2,705$1,773$1,128$701$428$226
38 years$2,605$1,685$1,057$646$388$201
39 years$2,510$1,602$990$596$352$178
40 years$2,420$1,524$928$550$319$158
41 years$2,335$1,451$870$507$289$141
42 years$2,253$1,382$816$468$263$125
43 years$2,176$1,317$766$432$238$111
44 years$2,103$1,255$719$399$216$99
45 years$2,033$1,197$675$368$196$88
46 years$1,966$1,142$634$340$178$78
47 years$1,903$1,090$596$314$162$69
48 years$1,842$1,040$560$290$147$61
49 years$1,784$993$526$268$134$55
50 years$1,728$949$495$248$121$48

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 $3,426 every year, while hoping to spend $55,638 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: 84/8/8 Blend
50$1,770,000$1,770,000$1,770,000$1,770,000
51$1,954,074$1,860,264$1,832,829$2,116,173
52$2,094,191$1,892,218$1,835,030$2,254,529
53$2,246,735$1,923,874$1,835,441$2,398,599
54$2,412,916$1,955,157$1,833,941$2,555,107
55$2,594,062$1,985,989$1,830,408$2,725,270
56$2,791,640$2,016,285$1,824,709$2,910,423
57$3,007,258$2,045,955$1,816,708$3,112,040
58$3,242,693$2,074,901$1,806,262$3,331,744
59$3,499,896$2,103,019$1,793,220$3,571,319
60$3,781,016$2,130,198$1,777,424$3,832,736
61$4,088,421$2,156,319$1,758,709$4,118,159
62$4,424,716$2,181,255$1,736,902$4,429,978
63$4,792,770$2,204,869$1,711,821$4,770,821
64$5,195,743$2,227,018$1,683,278$5,143,586
65$5,637,114$2,247,547$1,651,072$5,551,464
66$6,120,713$2,266,291$1,614,997$5,997,970
67$6,650,762$2,283,075$1,574,835$6,486,979
68$7,231,905$2,297,711$1,530,358$7,022,757
69$7,869,263$2,310,003$1,481,328$7,610,006
70$8,568,472$2,319,737$1,427,497$8,253,907
71$9,335,741$2,326,689$1,368,603$8,960,168
72$10,177,910$2,330,620$1,304,375$9,735,077
73$11,102,513$2,331,276$1,234,527$10,585,563
74$12,117,848$2,328,388$1,158,763$11,519,263
75$13,233,059$2,321,670$1,076,772$12,544,589
76$14,458,216$2,310,816$988,229$13,670,811
77$15,804,413$2,295,505$892,793$14,908,146
78$17,283,873$2,275,395$790,112$16,267,849
79$18,910,062$2,250,123$679,815$17,762,325
80$20,697,814$2,219,305$561,514$19,405,241
81$22,663,473$2,182,532$434,806$21,211,660
82$24,825,045$2,139,374$299,270$23,198,179
83$27,202,369$2,089,373$154,465$25,383,088
84$29,817,303$2,032,045$0$27,786,543
85$32,693,930$1,966,877$0$30,430,759
86$35,858,783$1,893,326$0$33,354,277
87$39,341,098$1,810,819$0$36,570,915
88$43,173,089$1,718,748$0$40,110,438
89$47,390,247$1,616,469$0$44,005,648
90$52,031,681$1,503,305$0$48,292,690
91$57,140,481$1,378,536$0$53,011,392
92$62,764,128$1,241,402$0$58,205,642
93$68,954,940$1,091,101$0$63,923,801
94$75,770,564$926,786$0$70,219,162
95$83,274,522$747,558$0$77,150,451
96$91,536,807$552,472$0$84,782,379
97$100,634,546$340,528$0$93,186,258
98$110,652,725$110,670$0$102,440,669
99$121,684,993$0$0$112,632,207
100$133,834,541$0$0$123,868,463