Can I retire at age 51 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$146,991$145,681$144,404$143,157$141,940$138,396
2 years$72,768$71,412$70,099$68,826$67,590$64,043
3 years$48,030$46,669$45,359$44,097$42,882$39,441
4 years$35,663$34,307$33,010$31,770$30,584$27,276
5 years$28,246$26,897$25,617$24,402$23,249$20,084
6 years$23,302$21,963$20,702$19,515$18,396$15,377
7 years$19,772$18,445$17,204$16,044$14,961$12,088
8 years$17,126$15,810$14,590$13,459$12,412$9,683
9 years$15,069$13,766$12,566$11,464$10,453$7,866
10 years$13,424$12,134$10,956$9,882$8,906$6,459
11 years$12,079$10,802$9,645$8,600$7,660$5,348
12 years$10,960$9,695$8,560$7,544$6,638$4,458
13 years$10,013$8,762$7,648$6,660$5,788$3,736
14 years$9,202$7,964$6,871$5,912$5,074$3,145
15 years$8,500$7,275$6,204$5,272$4,467$2,657
16 years$7,886$6,675$5,625$4,721$3,948$2,251
17 years$7,345$6,148$5,118$4,242$3,501$1,912
18 years$6,865$5,681$4,672$3,823$3,113$1,628
19 years$6,436$5,265$4,277$3,454$2,774$1,388
20 years$6,050$4,892$3,926$3,128$2,478$1,185
21 years$5,701$4,557$3,611$2,839$2,218$1,013
22 years$5,384$4,254$3,328$2,581$1,988$867
23 years$5,096$3,978$3,073$2,351$1,784$743
24 years$4,832$3,728$2,842$2,144$1,604$637
25 years$4,589$3,498$2,632$1,958$1,443$547
26 years$4,366$3,288$2,441$1,790$1,300$469
27 years$4,159$3,094$2,267$1,639$1,172$403
28 years$3,967$2,916$2,107$1,502$1,058$346
29 years$3,789$2,750$1,961$1,377$955$298
30 years$3,623$2,598$1,827$1,264$863$256
31 years$3,468$2,456$1,703$1,161$780$220
32 years$3,324$2,323$1,589$1,067$706$189
33 years$3,188$2,200$1,483$981$639$163
34 years$3,060$2,085$1,386$902$578$140
35 years$2,940$1,978$1,296$831$524$121
36 years$2,827$1,877$1,212$765$475$104
37 years$2,720$1,783$1,135$705$430$89
38 years$2,619$1,695$1,063$650$390$77
39 years$2,524$1,611$995$599$354$66
40 years$2,434$1,533$933$553$321$57
41 years$2,348$1,459$875$510$291$49
42 years$2,266$1,390$821$471$264$42
43 years$2,189$1,324$770$434$240$36
44 years$2,115$1,262$723$401$217$31
45 years$2,045$1,204$679$370$197$27
46 years$1,978$1,148$638$342$179$23
47 years$1,914$1,096$599$316$163$20
48 years$1,852$1,046$563$292$148$17
49 years$1,794$999$529$270$134$15
50 years$1,738$954$497$250$122$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,780,000, adding $3,261 every year, while hoping to spend $53,136 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: 47/42/11 Blend
50$1,780,000$1,780,000$1,780,000$1,780,000
51$1,964,924$1,870,584$1,842,994$2,051,132
52$2,108,810$1,905,706$1,848,198$2,146,047
53$2,265,591$1,940,768$1,851,795$2,243,236
54$2,436,527$1,975,712$1,853,676$2,347,513
55$2,623,004$2,010,473$1,853,725$2,459,554
56$2,826,547$2,044,982$1,851,821$2,580,106
57$3,048,835$2,079,167$1,847,838$2,709,991
58$3,291,717$2,112,947$1,841,641$2,850,118
59$3,557,227$2,146,237$1,833,092$3,001,486
60$3,847,607$2,178,945$1,822,043$3,165,200
61$4,165,324$2,210,974$1,808,342$3,342,477
62$4,513,093$2,242,218$1,791,828$3,534,658
63$4,893,906$2,272,564$1,772,331$3,743,225
64$5,311,057$2,301,892$1,749,677$3,969,812
65$5,768,174$2,330,074$1,723,680$4,216,218
66$6,269,251$2,356,971$1,694,147$4,484,431
67$6,818,690$2,382,437$1,660,876$4,776,643
68$7,421,334$2,406,316$1,623,654$5,095,271
69$8,082,524$2,428,438$1,582,260$5,442,979
70$8,808,138$2,448,628$1,536,462$5,822,710
71$9,604,652$2,466,695$1,486,017$6,237,706
72$10,479,200$2,482,437$1,430,672$6,691,545
73$11,439,640$2,495,638$1,370,162$7,188,172
74$12,494,630$2,506,071$1,304,208$7,731,938
75$13,653,705$2,513,491$1,232,522$8,327,644
76$14,927,371$2,517,640$1,154,800$8,980,581
77$16,327,203$2,518,244$1,070,726$9,696,589
78$17,865,950$2,515,011$979,968$10,482,105
79$19,557,661$2,507,631$882,180$11,344,229
80$21,417,812$2,495,774$777,003$12,290,792
81$23,463,455$2,479,092$664,058$13,330,428
82$25,713,375$2,457,216$542,952$14,472,662
83$28,188,271$2,429,752$413,273$15,727,993
84$30,910,949$2,396,284$274,592$17,108,002
85$33,906,536$2,356,372$126,461$18,625,458
86$37,202,717$2,309,548$0$20,294,442
87$40,829,996$2,255,318$0$22,134,192
88$44,821,984$2,193,157$0$24,174,197
89$49,215,716$2,122,511$0$26,418,536
90$54,051,998$2,042,794$0$28,888,085
91$59,375,794$1,953,383$0$31,605,859
92$65,236,648$1,853,621$0$34,597,229
93$71,689,151$1,742,814$0$37,890,164
94$78,793,458$1,620,225$0$41,515,495
95$86,615,853$1,485,078$0$45,507,211
96$95,229,374$1,336,551$0$49,902,780
97$104,714,503$1,173,775$0$54,743,503
98$115,159,925$995,833$0$60,074,909
99$126,663,363$801,754$0$65,947,185
100$139,332,502$590,516$0$72,415,654