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

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$146,991$145,681$144,404$143,157$141,940$138,734
2 years$72,768$71,412$70,099$68,826$67,590$64,378
3 years$48,030$46,669$45,359$44,097$42,882$39,763
4 years$35,663$34,307$33,010$31,770$30,584$27,582
5 years$28,246$26,897$25,617$24,402$23,249$20,374
6 years$23,302$21,963$20,702$19,515$18,396$15,650
7 years$19,772$18,445$17,204$16,044$14,961$12,344
8 years$17,126$15,810$14,590$13,459$12,412$9,923
9 years$15,069$13,766$12,566$11,464$10,453$8,090
10 years$13,424$12,134$10,956$9,882$8,906$6,668
11 years$12,079$10,802$9,645$8,600$7,660$5,542
12 years$10,960$9,695$8,560$7,544$6,638$4,638
13 years$10,013$8,762$7,648$6,660$5,788$3,903
14 years$9,202$7,964$6,871$5,912$5,074$3,299
15 years$8,500$7,275$6,204$5,272$4,467$2,798
16 years$7,886$6,675$5,625$4,721$3,948$2,381
17 years$7,345$6,148$5,118$4,242$3,501$2,032
18 years$6,865$5,681$4,672$3,823$3,113$1,737
19 years$6,436$5,265$4,277$3,454$2,774$1,488
20 years$6,050$4,892$3,926$3,128$2,478$1,276
21 years$5,701$4,557$3,611$2,839$2,218$1,096
22 years$5,384$4,254$3,328$2,581$1,988$943
23 years$5,096$3,978$3,073$2,351$1,784$811
24 years$4,832$3,728$2,842$2,144$1,604$699
25 years$4,589$3,498$2,632$1,958$1,443$603
26 years$4,366$3,288$2,441$1,790$1,300$520
27 years$4,159$3,094$2,267$1,639$1,172$449
28 years$3,967$2,916$2,107$1,502$1,058$387
29 years$3,789$2,750$1,961$1,377$955$334
30 years$3,623$2,598$1,827$1,264$863$289
31 years$3,468$2,456$1,703$1,161$780$250
32 years$3,324$2,323$1,589$1,067$706$216
33 years$3,188$2,200$1,483$981$639$187
34 years$3,060$2,085$1,386$902$578$161
35 years$2,940$1,978$1,296$831$524$140
36 years$2,827$1,877$1,212$765$475$121
37 years$2,720$1,783$1,135$705$430$104
38 years$2,619$1,695$1,063$650$390$90
39 years$2,524$1,611$995$599$354$78
40 years$2,434$1,533$933$553$321$68
41 years$2,348$1,459$875$510$291$59
42 years$2,266$1,390$821$471$264$51
43 years$2,189$1,324$770$434$240$44
44 years$2,115$1,262$723$401$217$38
45 years$2,045$1,204$679$370$197$33
46 years$1,978$1,148$638$342$179$28
47 years$1,914$1,096$599$316$163$25
48 years$1,852$1,046$563$292$148$21
49 years$1,794$999$529$270$134$18
50 years$1,738$954$497$250$122$16

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 $2,548 every year, while hoping to spend $42,452 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: 73/20/7 Blend
50$1,780,000$1,780,000$1,780,000$1,780,000
51$1,964,188$1,869,848$1,842,258$2,105,456
52$2,119,367$1,916,302$1,858,805$2,245,373
53$2,288,951$1,963,610$1,874,484$2,392,979
54$2,474,365$2,011,767$1,889,220$2,553,434
55$2,677,177$2,060,771$1,902,936$2,727,993
56$2,899,115$2,110,615$1,915,550$2,918,038
57$3,142,079$2,161,289$1,926,976$3,125,091
58$3,408,165$2,212,786$1,937,123$3,350,828
59$3,699,677$2,265,092$1,945,896$3,597,095
60$4,019,156$2,318,193$1,953,195$3,865,924
61$4,369,398$2,372,073$1,958,915$4,159,556
62$4,753,484$2,426,712$1,962,946$4,480,455
63$5,174,807$2,482,088$1,965,172$4,831,340
64$5,637,103$2,538,176$1,965,471$5,215,201
65$6,144,489$2,594,948$1,963,716$5,635,335
66$6,701,499$2,652,373$1,959,773$6,095,374
67$7,313,127$2,710,415$1,953,501$6,599,319
68$7,984,877$2,769,036$1,944,754$7,151,576
69$8,722,807$2,828,192$1,933,376$7,757,002
70$9,533,596$2,887,836$1,919,207$8,420,946
71$10,424,599$2,947,916$1,902,076$9,149,303
72$11,403,919$3,008,375$1,881,807$9,948,567
73$12,480,485$3,069,151$1,858,213$10,825,894
74$13,664,131$3,130,176$1,831,100$11,789,168
75$14,965,694$3,191,376$1,800,263$12,847,076
76$16,397,112$3,252,671$1,765,490$14,009,190
77$17,971,541$3,313,975$1,726,557$15,286,059
78$19,703,472$3,375,193$1,683,230$16,689,305
79$21,608,872$3,436,225$1,635,265$18,231,734
80$23,705,337$3,496,959$1,582,406$19,927,459
81$26,012,250$3,557,279$1,524,386$21,792,030
82$28,550,971$3,617,057$1,460,924$23,842,582
83$31,345,034$3,676,157$1,391,729$26,098,000
84$34,420,370$3,734,431$1,316,495$28,579,090
85$37,805,552$3,791,723$1,234,901$31,308,783
86$41,532,063$3,847,862$1,146,615$34,312,346
87$45,634,594$3,902,667$1,051,287$37,617,623
88$50,151,370$3,955,946$948,553$41,255,299
89$55,124,512$4,007,489$838,032$45,259,188
90$60,600,433$4,057,076$719,326$49,666,550
91$66,630,273$4,104,469$592,019$54,518,449
92$73,270,388$4,149,415$455,679$59,860,135
93$80,582,875$4,191,644$309,852$65,741,474
94$88,636,161$4,230,868$154,065$72,217,419
95$97,505,649$4,266,779$0$79,348,528
96$107,274,425$4,299,051$0$87,202,446
97$118,034,046$4,327,335$0$95,864,144
98$129,885,405$4,351,260$0$105,403,190
99$142,939,677$4,370,432$0$115,908,936
100$157,319,372$4,384,432$0$127,479,850