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%14.8%
1 years$146,991$145,681$144,404$143,157$141,940$139,131
2 years$72,768$71,412$70,099$68,826$67,590$64,772
3 years$48,030$46,669$45,359$44,097$42,882$40,143
4 years$35,663$34,307$33,010$31,770$30,584$27,944
5 years$28,246$26,897$25,617$24,402$23,249$20,717
6 years$23,302$21,963$20,702$19,515$18,396$15,974
7 years$19,772$18,445$17,204$16,044$14,961$12,650
8 years$17,126$15,810$14,590$13,459$12,412$10,210
9 years$15,069$13,766$12,566$11,464$10,453$8,360
10 years$13,424$12,134$10,956$9,882$8,906$6,920
11 years$12,079$10,802$9,645$8,600$7,660$5,777
12 years$10,960$9,695$8,560$7,544$6,638$4,857
13 years$10,013$8,762$7,648$6,660$5,788$4,106
14 years$9,202$7,964$6,871$5,912$5,074$3,487
15 years$8,500$7,275$6,204$5,272$4,467$2,972
16 years$7,886$6,675$5,625$4,721$3,948$2,542
17 years$7,345$6,148$5,118$4,242$3,501$2,180
18 years$6,865$5,681$4,672$3,823$3,113$1,873
19 years$6,436$5,265$4,277$3,454$2,774$1,613
20 years$6,050$4,892$3,926$3,128$2,478$1,391
21 years$5,701$4,557$3,611$2,839$2,218$1,201
22 years$5,384$4,254$3,328$2,581$1,988$1,038
23 years$5,096$3,978$3,073$2,351$1,784$899
24 years$4,832$3,728$2,842$2,144$1,604$778
25 years$4,589$3,498$2,632$1,958$1,443$675
26 years$4,366$3,288$2,441$1,790$1,300$585
27 years$4,159$3,094$2,267$1,639$1,172$508
28 years$3,967$2,916$2,107$1,502$1,058$441
29 years$3,789$2,750$1,961$1,377$955$383
30 years$3,623$2,598$1,827$1,264$863$333
31 years$3,468$2,456$1,703$1,161$780$289
32 years$3,324$2,323$1,589$1,067$706$252
33 years$3,188$2,200$1,483$981$639$219
34 years$3,060$2,085$1,386$902$578$190
35 years$2,940$1,978$1,296$831$524$166
36 years$2,827$1,877$1,212$765$475$144
37 years$2,720$1,783$1,135$705$430$125
38 years$2,619$1,695$1,063$650$390$109
39 years$2,524$1,611$995$599$354$95
40 years$2,434$1,533$933$553$321$83
41 years$2,348$1,459$875$510$291$72
42 years$2,266$1,390$821$471$264$63
43 years$2,189$1,324$770$434$240$55
44 years$2,115$1,262$723$401$217$48
45 years$2,045$1,204$679$370$197$41
46 years$1,978$1,148$638$342$179$36
47 years$1,914$1,096$599$316$163$31
48 years$1,852$1,046$563$292$148$27
49 years$1,794$999$529$270$134$24
50 years$1,738$954$497$250$122$21

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 $2,100 every year, while hoping to spend $55,160 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: 71/21/8 Blend
50$1,780,000$1,780,000$1,780,000$1,780,000
51$1,963,726$1,869,386$1,841,796$2,100,360
52$2,105,336$1,902,296$1,844,807$2,223,854
53$2,259,542$1,934,970$1,846,069$2,351,968
54$2,427,570$1,967,338$1,845,467$2,490,680
55$2,610,770$1,999,325$1,842,877$2,641,019
56$2,810,627$2,030,851$1,838,172$2,804,120
57$3,028,776$2,061,828$1,831,217$2,981,232
58$3,267,018$2,092,164$1,821,869$3,173,732
59$3,527,334$2,121,760$1,809,982$3,383,135
60$3,811,905$2,150,509$1,795,399$3,611,112
61$4,123,132$2,178,298$1,777,958$3,859,505
62$4,463,661$2,205,004$1,757,489$4,130,341
63$4,836,404$2,230,498$1,733,814$4,425,856
64$5,244,565$2,254,641$1,706,745$4,748,512
65$5,691,677$2,277,284$1,676,087$5,101,023
66$6,181,627$2,298,270$1,641,635$5,486,381
67$6,718,698$2,317,431$1,603,175$5,907,881
68$7,307,607$2,334,586$1,560,483$6,369,156
69$7,953,547$2,349,546$1,513,324$6,874,208
70$8,662,242$2,362,106$1,461,453$7,427,451
71$9,439,992$2,372,051$1,404,614$8,033,746
72$10,293,741$2,379,151$1,342,537$8,698,452
73$11,231,134$2,383,161$1,274,944$9,427,475
74$12,260,595$2,383,821$1,201,540$10,227,325
75$13,391,404$2,380,857$1,122,020$11,105,177
76$14,633,783$2,373,974$1,036,063$12,068,938
77$15,998,992$2,362,862$943,335$13,127,323
78$17,499,439$2,347,192$843,486$14,289,938
79$19,148,790$2,326,613$736,151$15,567,369
80$20,962,104$2,300,754$620,950$16,971,286
81$22,955,971$2,269,223$497,483$18,514,549
82$25,148,667$2,231,603$365,336$20,211,333
83$27,560,331$2,187,451$224,075$22,077,261
84$30,213,149$2,136,301$73,246$24,129,554
85$33,131,567$2,077,656$0$26,387,189
86$36,342,519$2,010,994$0$28,878,572
87$39,875,682$1,935,758$0$31,626,430
88$43,763,753$1,851,362$0$34,649,958
89$48,042,761$1,757,184$0$37,977,209
90$52,752,404$1,652,567$0$41,639,097
91$57,936,423$1,536,817$0$45,669,695
92$63,643,015$1,409,197$0$50,106,550
93$69,925,287$1,268,932$0$54,991,043
94$76,841,757$1,115,201$0$60,368,781
95$84,456,907$947,136$0$66,290,021
96$92,841,786$763,820$0$72,810,155
97$102,074,686$564,286$0$79,990,225
98$112,241,878$347,510$0$87,897,506
99$123,438,424$112,412$0$96,606,139
100$135,769,076$0$0$106,197,832