Can I retire at age 51 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$144,513$143,226$141,970$140,744$139,547$138,901
2 years$71,541$70,209$68,918$67,666$66,451$65,799
3 years$47,220$45,882$44,594$43,354$42,159$41,521
4 years$35,062$33,728$32,453$31,234$30,068$29,449
5 years$27,769$26,443$25,185$23,991$22,858$22,259
6 years$22,909$21,593$20,353$19,186$18,086$17,510
7 years$19,439$18,134$16,914$15,774$14,709$14,154
8 years$16,837$15,544$14,344$13,232$12,203$11,670
9 years$14,815$13,534$12,355$11,271$10,276$9,765
10 years$13,198$11,929$10,771$9,716$8,756$8,267
11 years$11,876$10,620$9,483$8,455$7,530$7,062
12 years$10,775$9,532$8,416$7,417$6,526$6,079
13 years$9,844$8,614$7,519$6,548$5,691$5,264
14 years$9,047$7,830$6,756$5,812$4,988$4,582
15 years$8,357$7,153$6,099$5,184$4,392$4,005
16 years$7,753$6,563$5,530$4,641$3,882$3,514
17 years$7,221$6,044$5,032$4,170$3,442$3,092
18 years$6,749$5,585$4,594$3,758$3,060$2,729
19 years$6,327$5,176$4,205$3,396$2,728$2,413
20 years$5,948$4,810$3,859$3,076$2,436$2,139
21 years$5,605$4,480$3,550$2,791$2,180$1,899
22 years$5,294$4,182$3,272$2,538$1,954$1,688
23 years$5,010$3,911$3,021$2,311$1,754$1,503
24 years$4,750$3,665$2,794$2,108$1,577$1,340
25 years$4,512$3,439$2,588$1,925$1,419$1,196
26 years$4,292$3,232$2,400$1,760$1,278$1,068
27 years$4,089$3,042$2,229$1,611$1,152$955
28 years$3,900$2,866$2,072$1,476$1,040$854
29 years$3,725$2,704$1,928$1,354$939$764
30 years$3,562$2,554$1,796$1,242$848$685
31 years$3,410$2,414$1,674$1,141$767$614
32 years$3,268$2,284$1,562$1,049$694$550
33 years$3,134$2,163$1,458$964$628$493
34 years$3,009$2,050$1,363$887$568$443
35 years$2,891$1,945$1,274$817$515$397
36 years$2,779$1,846$1,192$752$467$357
37 years$2,674$1,753$1,116$693$423$320
38 years$2,575$1,666$1,045$639$383$288
39 years$2,481$1,584$979$589$348$258
40 years$2,393$1,507$917$543$315$232
41 years$2,308$1,435$860$501$286$209
42 years$2,228$1,366$807$463$260$188
43 years$2,152$1,302$757$427$236$169
44 years$2,079$1,241$711$394$214$152
45 years$2,010$1,183$667$364$194$136
46 years$1,944$1,129$627$336$176$123
47 years$1,881$1,077$589$311$160$110
48 years$1,821$1,028$553$287$145$99
49 years$1,764$982$520$265$132$89
50 years$1,709$938$489$245$120$80

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $1,750,000, adding $4,152 every year, while hoping to spend $56,424 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: 40/35/25 Blend
50$1,750,000$1,750,000$1,750,000$1,750,000
51$1,932,783$1,840,033$1,812,908$1,995,665
52$2,069,892$1,870,160$1,813,606$2,071,610
53$2,219,095$1,899,872$1,812,435$2,148,110
54$2,381,566$1,929,089$1,809,276$2,229,768
55$2,558,598$1,957,726$1,803,998$2,317,087
56$2,751,610$1,985,690$1,796,468$2,410,626
57$2,962,170$2,012,884$1,786,544$2,511,003
58$3,191,998$2,039,202$1,774,080$2,618,900
59$3,442,991$2,064,532$1,758,921$2,735,072
60$3,717,235$2,088,753$1,740,904$2,860,352
61$4,017,029$2,111,738$1,719,860$2,995,664
62$4,344,901$2,133,349$1,695,611$3,142,025
63$4,703,638$2,153,440$1,667,971$3,300,562
64$5,096,306$2,171,856$1,636,745$3,472,520
65$5,526,283$2,188,430$1,601,729$3,659,273
66$5,997,286$2,202,986$1,562,710$3,862,342
67$6,513,413$2,215,336$1,519,465$4,083,405
68$7,079,174$2,225,280$1,471,759$4,324,317
69$7,699,536$2,232,605$1,419,350$4,587,127
70$8,379,971$2,237,085$1,361,980$4,874,097
71$9,126,506$2,238,479$1,299,384$5,187,728
72$9,945,778$2,236,533$1,231,282$5,530,779
73$10,845,099$2,230,976$1,157,382$5,906,298
74$11,832,524$2,221,518$1,077,379$6,317,653
75$12,916,925$2,207,856$990,955$6,768,559
76$14,108,076$2,189,665$897,776$7,263,120
77$15,416,743$2,166,602$797,495$7,805,867
78$16,854,788$2,138,303$689,748$8,401,800
79$18,435,278$2,104,381$574,156$9,056,441
80$20,172,609$2,064,429$450,323$9,775,882
81$22,082,641$2,018,011$317,835$10,566,849
82$24,182,847$1,964,671$176,259$11,436,765
83$26,492,480$1,903,923$25,146$12,393,822
84$29,032,749$1,835,251$0$13,447,058
85$31,827,024$1,758,113$0$14,642,758
86$34,901,052$1,671,932$0$15,965,138
87$38,283,203$1,576,100$0$17,419,763
88$42,004,734$1,469,973$0$19,020,174
89$46,100,085$1,352,871$0$20,781,301
90$50,607,205$1,224,072$0$22,719,607
91$55,567,905$1,082,817$0$24,853,242
92$61,028,258$928,302$0$27,202,218
93$67,039,029$759,677$0$29,788,599
94$73,656,153$576,044$0$32,636,712
95$80,941,267$376,457$0$35,773,375
96$88,962,287$159,914$0$39,228,159
97$97,794,049$0$0$43,033,661
98$107,519,015$0$0$47,254,566
99$118,228,051$0$0$51,970,706
100$130,021,285$0$0$57,164,620