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%16.7%
1 years$222,963$220,977$219,040$217,149$215,302$209,418
2 years$110,378$108,322$106,330$104,398$102,525$96,639
3 years$72,854$70,790$68,803$66,889$65,046$59,344
4 years$54,096$52,038$50,071$48,190$46,391$40,916
5 years$42,844$40,798$38,857$37,014$35,266$30,033
6 years$35,345$33,315$31,402$29,601$27,905$22,919
7 years$29,991$27,978$26,095$24,336$22,694$17,955
8 years$25,977$23,982$22,131$20,415$18,827$14,333
9 years$22,857$20,881$19,061$17,389$15,855$11,601
10 years$20,362$18,405$16,618$14,990$13,509$9,491
11 years$18,323$16,385$14,630$13,045$11,618$7,828
12 years$16,624$14,707$12,984$11,443$10,068$6,500
13 years$15,188$13,290$11,600$10,102$8,780$5,426
14 years$13,958$12,081$10,423$8,968$7,696$4,548
15 years$12,893$11,036$9,411$7,997$6,776$3,826
16 years$11,962$10,125$8,532$7,161$5,989$3,228
17 years$11,141$9,325$7,764$6,434$5,310$2,730
18 years$10,413$8,617$7,087$5,798$4,722$2,314
19 years$9,762$7,986$6,488$5,239$4,208$1,964
20 years$9,176$7,421$5,954$4,745$3,759$1,669
21 years$8,648$6,912$5,477$4,307$3,364$1,421
22 years$8,167$6,452$5,048$3,916$3,015$1,210
23 years$7,730$6,035$4,661$3,566$2,707$1,032
24 years$7,329$5,654$4,310$3,252$2,433$881
25 years$6,961$5,306$3,992$2,970$2,189$752
26 years$6,622$4,987$3,703$2,716$1,972$642
27 years$6,308$4,693$3,438$2,486$1,778$549
28 years$6,018$4,422$3,196$2,278$1,604$469
29 years$5,748$4,172$2,974$2,089$1,449$401
30 years$5,496$3,940$2,771$1,917$1,309$343
31 years$5,261$3,725$2,583$1,760$1,183$294
32 years$5,041$3,524$2,410$1,618$1,070$252
33 years$4,835$3,338$2,250$1,488$969$215
34 years$4,642$3,163$2,102$1,369$877$184
35 years$4,460$3,000$1,966$1,260$794$158
36 years$4,288$2,848$1,839$1,161$720$135
37 years$4,126$2,705$1,721$1,069$652$116
38 years$3,973$2,570$1,612$986$591$99
39 years$3,829$2,444$1,510$909$536$85
40 years$3,691$2,325$1,415$838$486$73
41 years$3,561$2,214$1,327$773$441$62
42 years$3,437$2,108$1,245$714$400$53
43 years$3,320$2,009$1,168$659$363$46
44 years$3,208$1,915$1,097$608$330$39
45 years$3,101$1,826$1,030$562$299$34
46 years$3,000$1,742$967$519$272$29
47 years$2,903$1,662$909$479$247$25
48 years$2,810$1,587$854$443$224$21
49 years$2,721$1,515$802$409$204$18
50 years$2,636$1,447$754$378$185$16

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 $5,295 every year, while hoping to spend $53,384 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: 56/37/7 Blend
50$2,700,000$2,700,000$2,700,000$2,700,000
51$2,980,862$2,837,762$2,795,912$3,142,816
52$3,228,110$2,920,012$2,832,775$3,334,820
53$3,498,787$3,004,503$2,869,083$3,537,420
54$3,795,229$3,091,289$2,904,763$3,756,768
55$4,120,003$3,180,423$2,939,734$3,994,466
56$4,475,941$3,271,962$2,973,912$4,252,277
57$4,866,160$3,365,960$3,007,211$4,532,138
58$5,294,091$3,462,475$3,039,535$4,836,184
59$5,763,516$3,561,564$3,070,787$5,166,763
60$6,278,599$3,663,285$3,100,863$5,526,461
61$6,843,928$3,767,698$3,129,654$5,918,123
62$7,464,555$3,874,862$3,157,043$6,344,882
63$8,146,046$3,984,836$3,182,911$6,810,189
64$8,894,533$4,097,683$3,207,128$7,317,842
65$9,716,769$4,213,464$3,229,561$7,872,023
66$10,620,196$4,332,240$3,250,068$8,477,337
67$11,613,010$4,454,074$3,268,499$9,138,858
68$12,704,242$4,579,029$3,284,699$9,862,171
69$13,903,841$4,707,167$3,298,503$10,653,429
70$15,222,768$4,838,554$3,309,738$11,519,408
71$16,673,099$4,973,251$3,318,223$12,467,572
72$18,268,138$5,111,323$3,323,766$13,506,144
73$20,022,544$5,252,834$3,326,168$14,644,180
74$21,952,467$5,397,847$3,325,219$15,891,656
75$24,075,703$5,546,426$3,320,698$17,259,563
76$26,411,858$5,698,634$3,312,375$18,760,008
77$28,982,534$5,854,534$3,300,006$20,406,331
78$31,811,535$6,014,188$3,283,338$22,213,225
79$34,925,085$6,177,657$3,262,104$24,196,882
80$38,352,085$6,345,003$3,236,025$26,375,138
81$42,124,374$6,516,285$3,204,809$28,767,646
82$46,277,039$6,691,562$3,168,149$31,396,057
83$50,848,739$6,870,890$3,125,724$34,284,231
84$55,882,073$7,054,327$3,077,198$37,458,451
85$61,423,980$7,241,924$3,022,220$40,947,682
86$67,526,183$7,433,735$2,960,420$44,783,836
87$74,245,674$7,629,809$2,891,415$49,002,077
88$81,645,256$7,830,192$2,814,801$53,641,150
89$89,794,130$8,034,930$2,730,155$58,743,749
90$98,768,553$8,244,063$2,637,037$64,356,917
91$108,652,554$8,457,630$2,534,985$70,532,491
92$119,538,724$8,675,664$2,423,517$77,327,591
93$131,529,098$8,898,196$2,302,129$84,805,160
94$144,736,109$9,125,250$2,170,293$93,034,555
95$159,283,653$9,356,848$2,027,459$102,092,202
96$175,308,256$9,593,005$1,873,050$112,062,321
97$192,960,366$9,833,730$1,706,465$123,037,716
98$212,405,767$10,079,026$1,527,075$135,120,652
99$233,827,148$10,328,891$1,334,224$148,423,820
100$257,425,823$10,583,313$1,127,227$163,071,405