Can I retire at age 51 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$147,817$146,500$145,215$143,961$142,737$138,836
2 years$73,176$71,814$70,493$69,212$67,970$64,068
3 years$48,300$46,931$45,614$44,345$43,123$39,343
4 years$35,864$34,499$33,195$31,948$30,756$27,126
5 years$28,404$27,048$25,761$24,539$23,380$19,911
6 years$23,433$22,087$20,818$19,624$18,500$15,194
7 years$19,883$18,548$17,300$16,134$15,045$11,904
8 years$17,222$15,899$14,672$13,534$12,482$9,502
9 years$15,153$13,843$12,637$11,528$10,511$7,691
10 years$13,500$12,202$11,017$9,938$8,956$6,292
11 years$12,147$10,863$9,699$8,649$7,703$5,190
12 years$11,021$9,750$8,608$7,586$6,675$4,309
13 years$10,069$8,811$7,691$6,697$5,821$3,597
14 years$9,254$8,009$6,910$5,945$5,102$3,015
15 years$8,548$7,316$6,239$5,302$4,492$2,537
16 years$7,930$6,713$5,656$4,747$3,970$2,140
17 years$7,386$6,182$5,147$4,265$3,520$1,810
18 years$6,903$5,713$4,699$3,844$3,130$1,534
19 years$6,472$5,294$4,301$3,473$2,790$1,302
20 years$6,084$4,920$3,948$3,146$2,492$1,107
21 years$5,733$4,583$3,631$2,855$2,230$942
22 years$5,415$4,278$3,347$2,596$1,999$802
23 years$5,125$4,001$3,090$2,364$1,794$684
24 years$4,859$3,748$2,858$2,156$1,613$584
25 years$4,615$3,518$2,647$1,969$1,451$499
26 years$4,390$3,306$2,455$1,801$1,307$426
27 years$4,182$3,111$2,279$1,648$1,179$364
28 years$3,990$2,932$2,119$1,510$1,064$311
29 years$3,810$2,766$1,972$1,385$960$266
30 years$3,644$2,612$1,837$1,271$868$228
31 years$3,488$2,469$1,712$1,167$785$195
32 years$3,342$2,336$1,598$1,073$710$167
33 years$3,206$2,213$1,492$986$642$143
34 years$3,077$2,097$1,394$908$581$122
35 years$2,957$1,989$1,303$835$527$105
36 years$2,843$1,888$1,219$769$477$90
37 years$2,736$1,793$1,141$709$432$77
38 years$2,634$1,704$1,069$653$392$66
39 years$2,538$1,620$1,001$602$356$56
40 years$2,447$1,542$938$556$323$48
41 years$2,361$1,468$880$513$293$41
42 years$2,279$1,398$825$473$265$35
43 years$2,201$1,332$774$437$241$30
44 years$2,127$1,269$727$403$219$26
45 years$2,056$1,210$683$372$199$22
46 years$1,989$1,155$641$344$180$19
47 years$1,924$1,102$602$318$164$16
48 years$1,863$1,052$566$294$149$14
49 years$1,804$1,005$532$271$135$12
50 years$1,748$960$500$251$123$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,790,000, adding $4,545 every year, while hoping to spend $45,753 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: 73/8/19 Blend
50$1,790,000$1,790,000$1,790,000$1,790,000
51$1,977,268$1,882,398$1,854,653$2,112,396
52$2,130,269$1,925,955$1,868,103$2,246,298
53$2,297,342$1,970,112$1,880,470$2,386,965
54$2,479,875$2,014,852$1,891,670$2,539,894
55$2,679,394$2,060,152$1,901,613$2,706,291
56$2,897,582$2,105,989$1,910,207$2,887,491
57$3,136,289$2,152,336$1,917,352$3,084,961
58$3,397,553$2,199,163$1,922,946$3,300,318
59$3,683,619$2,246,438$1,926,881$3,535,343
60$3,996,959$2,294,123$1,929,042$3,792,000
61$4,340,293$2,342,181$1,929,310$4,072,451
62$4,716,621$2,390,566$1,927,560$4,379,080
63$5,129,244$2,439,230$1,923,660$4,714,514
64$5,581,797$2,488,123$1,917,473$5,081,645
65$6,078,285$2,537,186$1,908,853$5,483,664
66$6,623,121$2,586,358$1,897,650$5,924,083
67$7,221,162$2,635,573$1,883,704$6,406,776
68$7,877,762$2,684,757$1,866,850$6,936,009
69$8,598,816$2,733,833$1,846,912$7,516,485
70$9,390,820$2,782,715$1,823,708$8,153,386
71$10,260,928$2,831,313$1,797,047$8,852,424
72$11,217,023$2,879,528$1,766,728$9,619,891
73$12,267,789$2,927,254$1,732,543$10,462,724
74$13,422,791$2,974,377$1,694,271$11,388,565
75$14,692,570$3,020,775$1,651,683$12,405,840
76$16,088,736$3,066,318$1,604,539$13,523,830
77$17,624,084$3,110,864$1,552,587$14,752,766
78$19,312,707$3,154,263$1,495,566$16,103,923
79$21,170,136$3,196,355$1,433,200$17,589,727
80$23,213,480$3,236,966$1,365,202$19,223,871
81$25,461,590$3,275,913$1,291,271$21,021,447
82$27,935,238$3,312,998$1,211,095$22,999,085
83$30,657,310$3,348,013$1,124,344$25,175,117
84$33,653,023$3,380,733$1,030,677$27,569,741
85$36,950,161$3,410,919$929,735$30,205,219
86$40,579,341$3,438,317$821,144$33,106,086
87$44,574,294$3,462,655$704,513$36,299,380
88$48,972,193$3,483,646$579,435$39,814,899
89$53,813,994$3,500,982$445,484$43,685,482
90$59,144,828$3,514,336$302,214$47,947,322
91$65,014,424$3,523,362$149,161$52,640,302
92$71,477,578$3,527,690$0$57,808,380
93$78,594,673$3,526,928$0$63,502,871
94$86,432,241$3,520,660$0$69,806,745
95$95,063,601$3,508,444$0$76,748,674
96$104,569,541$3,489,809$0$84,393,608
97$115,039,083$3,464,260$0$92,813,123
98$126,570,328$3,431,267$0$102,086,088
99$139,271,374$3,390,271$0$112,299,418
100$153,261,339$3,340,679$0$123,548,888