Can I retire at age 51 with 2,770,000?

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 $2,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$228,744$226,706$224,719$222,778$220,884$214,070
2 years$113,240$111,131$109,087$107,105$105,183$98,378
3 years$74,743$72,625$70,586$68,623$66,732$60,149
4 years$55,499$53,387$51,369$49,439$47,594$41,284
5 years$43,955$41,856$39,864$37,974$36,180$30,159
6 years$36,262$34,179$32,216$30,368$28,628$22,902
7 years$30,769$28,703$26,772$24,967$23,282$17,851
8 years$26,651$24,604$22,705$20,944$19,315$14,174
9 years$23,450$21,422$19,556$17,840$16,266$11,410
10 years$20,890$18,883$17,049$15,378$13,859$9,282
11 years$18,798$16,810$15,010$13,384$11,920$7,612
12 years$17,055$15,088$13,321$11,739$10,329$6,283
13 years$15,582$13,635$11,901$10,364$9,007$5,213
14 years$14,320$12,394$10,693$9,200$7,896$4,343
15 years$13,227$11,322$9,655$8,205$6,952$3,630
16 years$12,272$10,388$8,753$7,347$6,144$3,043
17 years$11,430$9,567$7,965$6,601$5,448$2,557
18 years$10,683$8,840$7,271$5,949$4,844$2,152
19 years$10,015$8,193$6,656$5,375$4,318$1,815
20 years$9,414$7,613$6,109$4,868$3,857$1,532
21 years$8,872$7,091$5,619$4,418$3,451$1,295
22 years$8,379$6,620$5,179$4,017$3,093$1,095
23 years$7,930$6,191$4,782$3,659$2,777$927
24 years$7,519$5,801$4,422$3,337$2,496$786
25 years$7,141$5,444$4,096$3,047$2,246$666
26 years$6,794$5,116$3,799$2,786$2,023$565
27 years$6,472$4,815$3,527$2,550$1,824$479
28 years$6,174$4,537$3,279$2,337$1,646$407
29 years$5,897$4,280$3,052$2,143$1,486$345
30 years$5,639$4,042$2,842$1,967$1,343$293
31 years$5,398$3,821$2,650$1,806$1,214$249
32 years$5,172$3,616$2,472$1,660$1,098$212
33 years$4,961$3,424$2,309$1,526$994$180
34 years$4,762$3,245$2,157$1,404$900$153
35 years$4,575$3,078$2,017$1,293$815$130
36 years$4,399$2,922$1,886$1,191$738$110
37 years$4,233$2,775$1,766$1,097$669$94
38 years$4,076$2,637$1,654$1,011$607$80
39 years$3,928$2,508$1,549$932$550$68
40 years$3,787$2,386$1,452$860$499$58
41 years$3,653$2,271$1,362$793$453$49
42 years$3,527$2,163$1,277$732$411$42
43 years$3,406$2,061$1,198$676$373$35
44 years$3,291$1,964$1,125$624$338$30
45 years$3,182$1,873$1,056$576$307$26
46 years$3,077$1,787$992$532$279$22
47 years$2,978$1,705$932$492$253$18
48 years$2,883$1,628$876$455$230$16
49 years$2,792$1,555$823$420$209$13
50 years$2,704$1,485$774$388$190$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,770,000, adding $6,939 every year, while hoping to spend $23,439 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: 83/9/8 Blend
50$2,770,000$2,770,000$2,770,000$2,770,000
51$3,059,698$2,912,888$2,869,953$3,310,220
52$3,346,848$3,030,680$2,941,157$3,592,817
53$3,662,502$3,153,459$3,013,961$3,899,217
54$4,009,542$3,281,444$3,088,394$4,234,952
55$4,391,145$3,414,864$3,164,485$4,602,953
56$4,810,809$3,553,959$3,242,262$5,006,444
57$5,272,389$3,698,981$3,321,756$5,448,979
58$5,780,133$3,850,192$3,402,995$5,934,469
59$6,338,721$4,007,865$3,486,010$6,467,223
60$6,953,309$4,172,289$3,570,829$7,051,988
61$7,629,578$4,343,762$3,657,483$7,693,990
62$8,373,788$4,522,600$3,746,002$8,398,987
63$9,192,835$4,709,129$3,836,415$9,173,321
64$10,094,321$4,903,693$3,928,751$10,023,979
65$11,086,619$5,106,651$4,023,041$10,958,655
66$12,178,955$5,318,378$4,119,314$11,985,829
67$13,381,497$5,539,267$4,217,600$13,114,837
68$14,705,448$5,769,728$4,317,927$14,355,969
69$16,163,151$6,010,192$4,420,325$15,720,559
70$17,768,209$6,261,108$4,524,822$17,221,092
71$19,535,609$6,522,946$4,631,447$18,871,324
72$21,481,869$6,796,197$4,740,228$20,686,412
73$23,625,186$7,081,378$4,851,192$22,683,051
74$25,985,615$7,379,025$4,964,367$24,879,637
75$28,585,253$7,689,703$5,079,779$27,296,438
76$31,448,451$8,014,001$5,197,454$29,955,784
77$34,602,042$8,352,536$5,317,418$32,882,279
78$38,075,593$8,705,953$5,439,694$36,103,030
79$41,901,687$9,074,928$5,564,307$39,647,905
80$46,116,228$9,460,168$5,691,280$43,549,811
81$50,758,780$9,862,413$5,820,635$47,845,011
82$55,872,941$10,282,437$5,952,391$52,573,454
83$61,506,754$10,721,049$6,086,570$57,779,164
84$67,713,162$11,179,100$6,223,189$63,510,646
85$74,550,504$11,657,475$6,362,265$69,821,346
86$82,083,069$12,157,105$6,503,815$76,770,156
87$90,381,701$12,678,962$6,647,851$84,421,966
88$99,524,467$13,224,063$6,794,386$92,848,281
89$109,597,395$13,793,475$6,943,431$102,127,887
90$120,695,288$14,388,314$7,094,995$112,347,603
91$132,922,613$15,009,747$7,249,083$123,603,091
92$146,394,492$15,658,997$7,405,699$135,999,766
93$161,237,786$16,337,344$7,564,846$149,653,784
94$177,592,295$17,046,128$7,726,523$164,693,140
95$195,612,073$17,786,753$7,890,726$181,258,874
96$215,466,888$18,560,687$8,057,449$199,506,404
97$237,343,819$19,369,469$8,226,682$219,606,989
98$261,449,025$20,214,710$8,398,412$241,749,346
99$288,009,691$21,098,096$8,572,624$266,141,429
100$317,276,169$22,021,393$8,749,297$293,012,392