Can I retire at age 51 with 2,760,000?

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 $2,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$227,918$225,888$223,907$221,974$220,086$217,607
2 years$112,831$110,729$108,693$106,718$104,803$102,307
3 years$74,473$72,363$70,331$68,375$66,491$64,056
4 years$55,298$53,194$51,183$49,261$47,422$45,067
5 years$43,796$41,705$39,720$37,837$36,050$33,780
6 years$36,131$34,055$32,100$30,258$28,525$26,345
7 years$30,658$28,600$26,675$24,877$23,198$21,109
8 years$26,555$24,515$22,623$20,869$19,245$17,246
9 years$23,365$21,345$19,485$17,776$16,207$14,297
10 years$20,815$18,814$16,987$15,323$13,809$11,987
11 years$18,730$16,749$14,955$13,335$11,877$10,141
12 years$16,993$15,033$13,273$11,697$10,292$8,641
13 years$15,525$13,586$11,858$10,327$8,975$7,406
14 years$14,268$12,349$10,655$9,167$7,867$6,379
15 years$13,179$11,281$9,620$8,175$6,927$5,516
16 years$12,228$10,350$8,722$7,320$6,122$4,787
17 years$11,389$9,532$7,936$6,577$5,428$4,166
18 years$10,644$8,808$7,245$5,927$4,827$3,635
19 years$9,979$8,163$6,632$5,356$4,302$3,178
20 years$9,380$7,586$6,087$4,851$3,843$2,784
21 years$8,840$7,066$5,599$4,402$3,439$2,443
22 years$8,349$6,596$5,160$4,003$3,082$2,146
23 years$7,901$6,169$4,764$3,645$2,767$1,888
24 years$7,492$5,780$4,406$3,325$2,487$1,662
25 years$7,116$5,424$4,081$3,036$2,238$1,465
26 years$6,769$5,098$3,785$2,776$2,016$1,292
27 years$6,449$4,798$3,515$2,541$1,817$1,140
28 years$6,151$4,521$3,267$2,328$1,640$1,007
29 years$5,875$4,265$3,041$2,135$1,481$890
30 years$5,618$4,028$2,832$1,959$1,338$787
31 years$5,378$3,807$2,640$1,800$1,210$696
32 years$5,153$3,603$2,464$1,654$1,094$616
33 years$4,943$3,412$2,300$1,521$990$545
34 years$4,745$3,234$2,149$1,399$897$483
35 years$4,559$3,067$2,009$1,288$812$427
36 years$4,384$2,911$1,880$1,186$736$379
37 years$4,218$2,765$1,759$1,093$667$335
38 years$4,062$2,628$1,648$1,008$605$297
39 years$3,914$2,499$1,544$929$548$263
40 years$3,773$2,377$1,447$857$497$233
41 years$3,640$2,263$1,357$791$451$207
42 years$3,514$2,155$1,273$730$409$183
43 years$3,394$2,053$1,194$673$372$163
44 years$3,279$1,957$1,121$622$337$144
45 years$3,170$1,866$1,052$574$306$128
46 years$3,066$1,780$989$530$278$113
47 years$2,967$1,699$929$490$252$101
48 years$2,872$1,622$873$453$229$89
49 years$2,782$1,549$820$419$208$79
50 years$2,695$1,480$771$387$189$70

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,760,000, adding $6,367 every year, while hoping to spend $52,963 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: 33/47/20 Blend
50$2,760,000$2,760,000$2,760,000$2,760,000
51$3,048,088$2,901,808$2,859,028$3,129,690
52$3,302,640$2,987,644$2,898,453$3,276,719
53$3,581,382$3,075,911$2,937,424$3,429,772
54$3,886,725$3,166,672$2,975,869$3,593,624
55$4,221,324$3,259,992$3,013,714$3,769,256
56$4,588,104$3,355,937$3,050,878$3,957,748
57$4,990,286$3,454,573$3,087,277$4,160,287
58$5,431,417$3,555,969$3,122,824$4,378,179
59$5,915,406$3,660,196$3,157,423$4,612,861
60$6,446,556$3,767,325$3,190,975$4,865,911
61$7,029,609$3,877,427$3,223,376$5,139,070
62$7,669,786$3,990,578$3,254,517$5,434,249
63$8,372,841$4,106,853$3,284,280$5,753,554
64$9,145,110$4,226,329$3,312,543$6,099,303
65$9,993,576$4,349,084$3,339,177$6,474,046
66$10,925,928$4,475,196$3,364,048$6,880,592
67$11,950,640$4,604,749$3,387,011$7,322,032
68$13,077,047$4,737,822$3,407,917$7,801,771
69$14,315,431$4,874,501$3,426,607$8,323,557
70$15,677,123$5,014,869$3,442,916$8,891,517
71$17,174,605$5,159,014$3,456,670$9,510,198
72$18,821,631$5,307,021$3,467,684$10,184,607
73$20,633,352$5,458,980$3,475,767$10,920,258
74$22,626,464$5,614,981$3,480,715$11,723,225
75$24,819,362$5,775,113$3,482,318$12,600,198
76$27,232,313$5,939,470$3,480,351$13,558,548
77$29,887,648$6,108,143$3,474,582$14,606,393
78$32,809,974$6,281,227$3,464,766$15,752,676
79$36,026,400$6,458,817$3,450,645$17,007,252
80$39,566,801$6,641,007$3,431,950$18,380,975
81$43,464,093$6,827,894$3,408,398$19,885,805
82$47,754,545$7,019,576$3,379,694$21,534,919
83$52,478,122$7,216,148$3,345,527$23,342,835
84$57,678,861$7,417,711$3,305,573$25,325,548
85$63,405,287$7,624,361$3,259,492$27,500,683
86$69,710,869$7,836,197$3,206,927$29,887,660
87$76,654,525$8,053,317$3,147,506$32,507,878
88$84,301,177$8,275,821$3,080,839$35,384,913
89$92,722,367$8,503,806$3,006,517$38,544,748
90$101,996,926$8,737,370$2,924,112$42,016,009
91$112,211,721$8,976,610$2,833,179$45,830,244
92$123,462,476$9,221,623$2,733,250$50,022,214
93$135,854,670$9,472,504$2,623,835$54,630,224
94$149,504,537$9,729,347$2,504,424$59,696,486
95$164,540,160$9,992,245$2,374,483$65,267,512
96$181,102,681$10,261,290$2,233,453$71,394,562
97$199,347,631$10,536,570$2,080,750$78,134,118
98$219,446,398$10,818,171$1,915,764$85,548,426
99$241,587,848$11,106,178$1,737,859$93,706,077
100$265,980,099$11,400,672$1,546,368$102,682,659