Can I retire at age 51 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$142,862$141,589$140,348$139,136$137,953$132,952
2 years$70,724$69,406$68,130$66,892$65,692$60,709
3 years$46,681$45,358$44,085$42,859$41,678$36,869
4 years$34,662$33,343$32,082$30,877$29,725$25,127
5 years$27,452$26,141$24,897$23,717$22,596$18,221
6 years$22,647$21,346$20,121$18,966$17,880$13,731
7 years$19,217$17,927$16,720$15,593$14,541$10,617
8 years$16,645$15,366$14,180$13,081$12,063$8,361
9 years$14,646$13,379$12,213$11,142$10,159$6,673
10 years$13,047$11,793$10,648$9,604$8,656$5,381
11 years$11,740$10,499$9,374$8,359$7,444$4,373
12 years$10,652$9,423$8,319$7,332$6,451$3,576
13 years$9,732$8,516$7,433$6,473$5,626$2,939
14 years$8,943$7,741$6,678$5,746$4,931$2,424
15 years$8,261$7,071$6,030$5,124$4,342$2,007
16 years$7,665$6,488$5,467$4,588$3,837$1,665
17 years$7,139$5,975$4,975$4,123$3,402$1,385
18 years$6,672$5,521$4,541$3,715$3,025$1,153
19 years$6,255$5,117$4,157$3,357$2,697$962
20 years$5,880$4,755$3,815$3,040$2,409$804
21 years$5,541$4,429$3,509$2,759$2,155$672
22 years$5,233$4,134$3,234$2,509$1,932$562
23 years$4,953$3,867$2,986$2,285$1,734$471
24 years$4,696$3,623$2,762$2,084$1,559$395
25 years$4,460$3,400$2,558$1,903$1,403$331
26 years$4,243$3,195$2,372$1,740$1,264$277
27 years$4,042$3,007$2,203$1,593$1,139$233
28 years$3,856$2,834$2,048$1,459$1,028$195
29 years$3,683$2,673$1,906$1,338$928$164
30 years$3,522$2,525$1,775$1,228$839$138
31 years$3,371$2,387$1,655$1,128$758$115
32 years$3,230$2,258$1,544$1,037$686$97
33 years$3,098$2,139$1,442$953$621$81
34 years$2,974$2,027$1,347$877$562$68
35 years$2,858$1,922$1,259$807$509$57
36 years$2,748$1,825$1,178$744$461$48
37 years$2,644$1,733$1,103$685$418$41
38 years$2,546$1,647$1,033$632$379$34
39 years$2,453$1,566$968$582$344$29
40 years$2,365$1,490$907$537$312$24
41 years$2,282$1,418$850$496$283$20
42 years$2,203$1,351$798$457$257$17
43 years$2,127$1,287$748$422$233$14
44 years$2,055$1,227$703$390$211$12
45 years$1,987$1,170$660$360$192$10
46 years$1,922$1,116$620$333$174$8
47 years$1,860$1,065$582$307$158$7
48 years$1,800$1,017$547$284$144$6
49 years$1,743$971$514$262$130$5
50 years$1,689$927$483$242$119$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,730,000, adding $5,301 every year, while hoping to spend $44,576 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: 60/16/24 Blend
50$1,730,000$1,730,000$1,730,000$1,730,000
51$1,911,928$1,820,238$1,793,423$2,014,095
52$2,059,516$1,862,001$1,806,074$2,125,905
53$2,220,664$1,904,317$1,817,655$2,242,546
54$2,396,708$1,947,165$1,828,083$2,368,843
55$2,589,120$1,990,522$1,837,271$2,505,744
56$2,799,517$2,034,365$1,845,126$2,654,292
57$3,029,683$2,078,665$1,851,554$2,815,638
58$3,281,582$2,123,391$1,856,452$2,991,050
59$3,557,375$2,168,509$1,859,715$3,181,925
60$3,859,443$2,213,981$1,861,231$3,389,803
61$4,190,407$2,259,767$1,860,883$3,616,383
62$4,553,154$2,305,821$1,858,548$3,863,534
63$4,950,864$2,352,095$1,854,098$4,133,320
64$5,387,039$2,398,534$1,847,397$4,428,013
65$5,865,537$2,445,082$1,838,304$4,750,120
66$6,390,605$2,491,674$1,826,671$5,102,402
67$6,966,924$2,538,244$1,812,342$5,487,904
68$7,599,649$2,584,716$1,795,153$5,909,981
69$8,294,457$2,631,011$1,774,935$6,372,333
70$9,057,605$2,677,044$1,751,509$6,879,037
71$9,895,983$2,722,721$1,724,687$7,434,587
72$10,817,182$2,767,944$1,694,273$8,043,938
73$11,829,566$2,812,604$1,660,062$8,712,550
74$12,942,347$2,856,587$1,621,839$9,446,443
75$14,165,676$2,899,769$1,579,381$10,252,252
76$15,510,736$2,942,019$1,532,451$11,137,291
77$16,989,847$2,983,194$1,480,804$12,109,622
78$18,616,583$3,023,142$1,424,182$13,178,131
79$20,405,900$3,061,702$1,362,318$14,352,612
80$22,374,276$3,098,699$1,294,930$15,643,863
81$24,539,866$3,133,949$1,221,724$17,063,784
82$26,922,673$3,167,254$1,142,393$18,625,492
83$29,544,739$3,198,402$1,056,616$20,343,446
84$32,430,348$3,227,170$964,058$22,233,582
85$35,606,259$3,253,316$864,369$24,313,466
86$39,101,955$3,276,586$757,183$26,602,460
87$42,949,923$3,296,708$642,118$29,121,904
88$47,185,961$3,313,392$518,775$31,895,319
89$51,849,511$3,326,331$386,736$34,948,631
90$56,984,037$3,335,197$245,568$38,310,416
91$62,637,430$3,339,643$94,815$42,012,167
92$68,862,461$3,339,299$0$46,088,598
93$75,717,280$3,333,772$0$50,594,888
94$83,265,962$3,322,646$0$55,583,298
95$91,579,113$3,305,479$0$61,076,132
96$100,734,537$3,281,801$0$67,124,755
97$110,817,965$3,251,116$0$73,785,768
98$121,923,872$3,212,894$0$81,121,547
99$134,156,359$3,166,578$0$89,200,830
100$147,630,141$3,111,574$0$98,099,366