Can I retire at age 51 with 2,700,000?

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 $2,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$222,963$220,977$219,040$217,149$215,302$208,912
2 years$110,378$108,322$106,330$104,398$102,525$96,140
3 years$72,854$70,790$68,803$66,889$65,046$58,866
4 years$54,096$52,038$50,071$48,190$46,391$40,464
5 years$42,844$40,798$38,857$37,014$35,266$29,607
6 years$35,345$33,315$31,402$29,601$27,905$22,520
7 years$29,991$27,978$26,095$24,336$22,694$17,583
8 years$25,977$23,982$22,131$20,415$18,827$13,986
9 years$22,857$20,881$19,061$17,389$15,855$11,280
10 years$20,362$18,405$16,618$14,990$13,509$9,193
11 years$18,323$16,385$14,630$13,045$11,618$7,554
12 years$16,624$14,707$12,984$11,443$10,068$6,247
13 years$15,188$13,290$11,600$10,102$8,780$5,193
14 years$13,958$12,081$10,423$8,968$7,696$4,336
15 years$12,893$11,036$9,411$7,997$6,776$3,632
16 years$11,962$10,125$8,532$7,161$5,989$3,051
17 years$11,141$9,325$7,764$6,434$5,310$2,569
18 years$10,413$8,617$7,087$5,798$4,722$2,167
19 years$9,762$7,986$6,488$5,239$4,208$1,832
20 years$9,176$7,421$5,954$4,745$3,759$1,550
21 years$8,648$6,912$5,477$4,307$3,364$1,313
22 years$8,167$6,452$5,048$3,916$3,015$1,113
23 years$7,730$6,035$4,661$3,566$2,707$945
24 years$7,329$5,654$4,310$3,252$2,433$802
25 years$6,961$5,306$3,992$2,970$2,189$682
26 years$6,622$4,987$3,703$2,716$1,972$580
27 years$6,308$4,693$3,438$2,486$1,778$493
28 years$6,018$4,422$3,196$2,278$1,604$419
29 years$5,748$4,172$2,974$2,089$1,449$357
30 years$5,496$3,940$2,771$1,917$1,309$304
31 years$5,261$3,725$2,583$1,760$1,183$259
32 years$5,041$3,524$2,410$1,618$1,070$220
33 years$4,835$3,338$2,250$1,488$969$188
34 years$4,642$3,163$2,102$1,369$877$160
35 years$4,460$3,000$1,966$1,260$794$136
36 years$4,288$2,848$1,839$1,161$720$116
37 years$4,126$2,705$1,721$1,069$652$99
38 years$3,973$2,570$1,612$986$591$84
39 years$3,829$2,444$1,510$909$536$72
40 years$3,691$2,325$1,415$838$486$61
41 years$3,561$2,214$1,327$773$441$52
42 years$3,437$2,108$1,245$714$400$44
43 years$3,320$2,009$1,168$659$363$38
44 years$3,208$1,915$1,097$608$330$32
45 years$3,101$1,826$1,030$562$299$28
46 years$3,000$1,742$967$519$272$23
47 years$2,903$1,662$909$479$247$20
48 years$2,810$1,587$854$443$224$17
49 years$2,721$1,515$802$409$204$15
50 years$2,636$1,447$754$378$185$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,700,000, adding $6,272 every year, while hoping to spend $55,499 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: 54/41/5 Blend
50$2,700,000$2,700,000$2,700,000$2,700,000
51$2,981,870$2,838,770$2,796,920$3,139,411
52$3,226,970$2,918,819$2,831,566$3,326,519
53$3,495,210$3,000,930$2,865,513$3,523,356
54$3,788,892$3,085,147$2,898,678$3,736,202
55$4,110,551$3,171,510$2,930,975$3,966,580
56$4,462,977$3,260,065$2,962,313$4,216,164
57$4,849,245$3,350,852$2,992,595$4,486,798
58$5,272,740$3,443,916$3,021,719$4,780,509
59$5,737,192$3,539,300$3,049,579$5,099,530
60$6,246,706$3,637,046$3,076,060$5,446,318
61$6,805,807$3,737,198$3,101,045$5,823,576
62$7,419,477$3,839,798$3,124,408$6,234,283
63$8,093,205$3,944,890$3,146,017$6,681,715
64$8,833,036$4,052,514$3,165,733$7,169,482
65$9,645,632$4,162,714$3,183,411$7,701,558
66$10,538,329$4,275,529$3,198,898$8,282,319
67$11,519,210$4,391,001$3,212,032$8,916,584
68$12,597,178$4,509,169$3,222,644$9,609,661
69$13,782,044$4,630,072$3,230,557$10,367,394
70$15,084,615$4,753,748$3,235,582$11,196,221
71$16,516,797$4,880,233$3,237,526$12,103,234
72$18,091,709$5,009,563$3,236,182$13,096,245
73$19,823,803$5,141,772$3,231,334$14,183,856
74$21,729,003$5,276,890$3,222,755$15,375,546
75$23,824,853$5,414,950$3,210,210$16,681,758
76$26,130,684$5,555,979$3,193,448$18,113,992
77$28,667,795$5,700,002$3,172,209$19,684,922
78$31,459,651$5,847,044$3,146,219$21,408,508
79$34,532,111$5,997,124$3,115,193$23,300,133
80$37,913,664$6,150,261$3,078,830$25,376,741
81$41,635,703$6,306,469$3,036,816$27,657,005
82$45,732,818$6,465,759$2,988,822$30,161,496
83$50,243,121$6,628,137$2,934,504$32,912,881
84$55,208,611$6,793,608$2,873,501$35,936,133
85$60,675,563$6,962,168$2,805,437$39,258,771
86$66,694,967$7,133,811$2,729,916$42,911,116
87$73,323,011$7,308,525$2,646,525$46,926,576
88$80,621,609$7,486,293$2,554,834$51,341,967
89$88,658,982$7,667,090$2,454,390$56,197,852
90$97,510,307$7,850,887$2,344,721$61,538,931
91$107,258,423$8,037,645$2,225,334$67,414,457
92$117,994,612$8,227,319$2,095,712$73,878,706
93$129,819,460$8,419,856$1,955,317$80,991,485
94$142,843,809$8,615,193$1,803,584$88,818,696
95$157,189,799$8,813,259$1,639,925$97,432,962
96$172,992,021$9,013,971$1,463,726$106,914,311
97$190,398,789$9,217,238$1,274,342$117,350,926
98$209,573,538$9,422,954$1,071,105$128,839,987
99$230,696,364$9,631,004$853,312$141,488,579
100$253,965,727$9,841,258$620,232$155,414,710