Can I retire at age 51 with 2,270,000?

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 $2,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$187,454$185,785$184,156$182,566$181,013$174,590
2 years$92,799$91,071$89,396$87,772$86,197$79,795
3 years$61,252$59,516$57,845$56,236$54,687$48,506
4 years$45,481$43,750$42,096$40,515$39,003$33,091
5 years$36,021$34,301$32,669$31,119$29,649$24,022
6 years$29,716$28,009$26,401$24,887$23,461$18,122
7 years$25,215$23,522$21,939$20,461$19,080$14,028
8 years$21,840$20,163$18,606$17,164$15,829$11,060
9 years$19,217$17,555$16,026$14,620$13,330$8,839
10 years$17,120$15,474$13,972$12,602$11,358$7,136
11 years$15,405$13,776$12,300$10,968$9,768$5,807
12 years$13,977$12,364$10,916$9,620$8,465$4,755
13 years$12,769$11,174$9,753$8,493$7,381$3,913
14 years$11,735$10,157$8,763$7,539$6,471$3,233
15 years$10,840$9,278$7,912$6,724$5,697$2,679
16 years$10,057$8,513$7,173$6,020$5,035$2,226
17 years$9,367$7,840$6,527$5,409$4,465$1,854
18 years$8,755$7,244$5,959$4,875$3,970$1,547
19 years$8,207$6,714$5,455$4,405$3,538$1,293
20 years$7,715$6,239$5,006$3,989$3,160$1,081
21 years$7,270$5,811$4,605$3,621$2,828$905
22 years$6,867$5,425$4,244$3,292$2,535$759
23 years$6,499$5,074$3,919$2,998$2,276$636
24 years$6,162$4,754$3,624$2,734$2,045$534
25 years$5,852$4,461$3,357$2,497$1,841$448
26 years$5,567$4,193$3,113$2,283$1,658$377
27 years$5,304$3,946$2,891$2,090$1,495$316
28 years$5,059$3,718$2,687$1,915$1,349$266
29 years$4,832$3,508$2,501$1,756$1,218$224
30 years$4,621$3,313$2,329$1,612$1,100$188
31 years$4,423$3,131$2,172$1,480$995$158
32 years$4,238$2,963$2,026$1,360$900$133
33 years$4,065$2,806$1,892$1,251$814$112
34 years$3,903$2,659$1,768$1,151$737$94
35 years$3,750$2,522$1,653$1,059$668$79
36 years$3,605$2,394$1,546$976$605$67
37 years$3,469$2,274$1,447$899$548$56
38 years$3,341$2,161$1,355$829$497$47
39 years$3,219$2,055$1,270$764$451$40
40 years$3,103$1,955$1,190$705$409$33
41 years$2,994$1,861$1,116$650$371$28
42 years$2,890$1,772$1,047$600$337$24
43 years$2,791$1,689$982$554$306$20
44 years$2,697$1,610$922$511$277$17
45 years$2,607$1,535$866$472$252$14
46 years$2,522$1,464$813$436$229$12
47 years$2,440$1,397$764$403$208$10
48 years$2,362$1,334$718$372$189$8
49 years$2,288$1,274$675$344$171$7
50 years$2,216$1,217$634$318$156$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,270,000, adding $3,817 every year, while hoping to spend $51,075 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: 64/26/10 Blend
50$2,270,000$2,270,000$2,270,000$2,270,000
51$2,505,477$2,385,167$2,349,982$2,660,144
52$2,706,693$2,447,697$2,374,363$2,826,373
53$2,926,720$2,511,579$2,397,849$3,001,544
54$3,167,424$2,576,825$2,420,356$3,191,573
55$3,430,859$2,643,447$2,441,796$3,397,903
56$3,719,286$2,711,455$2,462,075$3,622,122
57$4,035,194$2,780,858$2,481,095$3,865,978
58$4,381,326$2,851,662$2,498,754$4,131,396
59$4,760,701$2,923,873$2,514,943$4,420,498
60$5,176,646$2,997,496$2,529,546$4,735,618
61$5,632,824$3,072,533$2,542,446$5,079,328
62$6,133,268$3,148,984$2,553,514$5,454,461
63$6,682,424$3,226,846$2,562,619$5,864,136
64$7,285,185$3,306,116$2,569,621$6,311,791
65$7,946,945$3,386,786$2,574,374$6,801,213
66$8,673,642$3,468,848$2,576,724$7,336,570
67$9,471,820$3,552,288$2,576,511$7,922,460
68$10,348,686$3,637,090$2,573,565$8,563,942
69$11,312,181$3,723,236$2,567,708$9,266,595
70$12,371,052$3,810,703$2,558,755$10,036,562
71$13,534,936$3,899,465$2,546,510$10,880,613
72$14,814,450$3,989,490$2,530,769$11,806,206
73$16,221,292$4,080,743$2,511,318$12,821,561
74$17,768,349$4,173,184$2,487,932$13,935,732
75$19,469,819$4,266,768$2,460,376$15,158,696
76$21,341,345$4,361,444$2,428,403$16,501,448
77$23,400,163$4,457,156$2,391,755$17,976,101
78$25,665,264$4,553,841$2,350,164$19,596,005
79$28,157,571$4,651,430$2,303,344$21,375,869
80$30,900,139$4,749,845$2,251,002$23,331,901
81$33,918,369$4,849,003$2,192,826$25,481,963
82$37,240,250$4,948,813$2,128,494$27,845,735
83$40,896,623$5,049,172$2,057,666$30,444,907
84$44,921,469$5,149,972$1,979,988$33,303,379
85$49,352,232$5,251,093$1,895,090$36,447,488
86$54,230,168$5,352,405$1,802,584$39,906,258
87$59,600,740$5,453,768$1,702,066$43,711,672
88$65,514,042$5,555,029$1,593,111$47,898,975
89$72,025,272$5,656,023$1,475,278$52,507,008
90$79,195,255$5,756,574$1,348,106$57,578,574
91$87,091,014$5,856,488$1,211,110$63,160,839
92$95,786,402$5,955,561$1,063,786$69,305,784
93$105,362,800$6,053,569$905,609$76,070,692
94$115,909,887$6,150,275$736,028$83,518,687
95$127,526,479$6,245,422$554,468$91,719,335
96$140,321,467$6,338,735$360,330$100,749,299
97$154,414,844$6,429,920$152,988$110,693,062
98$169,938,833$6,518,661$0$121,643,726
99$187,039,140$6,604,622$0$133,711,178
100$205,876,325$6,687,441$0$147,019,094