Can I retire at age 51 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$227,092$225,070$223,096$221,170$219,289$215,923
2 years$112,422$110,328$108,299$106,332$104,423$101,040
3 years$74,204$72,101$70,077$68,128$66,250$62,955
4 years$55,098$53,002$50,998$49,082$47,250$44,069
5 years$43,638$41,554$39,576$37,700$35,919$32,860
6 years$36,000$33,932$31,984$30,149$28,421$25,489
7 years$30,547$28,496$26,579$24,787$23,114$20,309
8 years$26,458$24,426$22,541$20,793$19,175$16,498
9 years$23,280$21,268$19,414$17,711$16,149$13,596
10 years$20,740$18,746$16,926$15,267$13,759$11,330
11 years$18,662$16,689$14,901$13,287$11,834$9,526
12 years$16,932$14,979$13,224$11,655$10,255$8,065
13 years$15,469$13,537$11,815$10,289$8,942$6,867
14 years$14,216$12,304$10,616$9,134$7,839$5,876
15 years$13,132$11,240$9,585$8,146$6,902$5,047
16 years$12,184$10,313$8,690$7,293$6,100$4,349
17 years$11,348$9,498$7,908$6,553$5,409$3,759
18 years$10,606$8,776$7,219$5,906$4,809$3,256
19 years$9,943$8,134$6,608$5,336$4,286$2,826
20 years$9,346$7,558$6,065$4,833$3,829$2,457
21 years$8,808$7,040$5,578$4,386$3,426$2,140
22 years$8,319$6,572$5,141$3,988$3,071$1,866
23 years$7,873$6,146$4,747$3,632$2,757$1,629
24 years$7,465$5,759$4,390$3,313$2,478$1,423
25 years$7,090$5,404$4,066$3,025$2,230$1,244
26 years$6,744$5,079$3,771$2,766$2,008$1,089
27 years$6,425$4,780$3,502$2,532$1,811$953
28 years$6,129$4,504$3,256$2,320$1,634$835
29 years$5,854$4,249$3,030$2,127$1,475$732
30 years$5,598$4,013$2,822$1,952$1,333$642
31 years$5,359$3,794$2,631$1,793$1,205$563
32 years$5,135$3,590$2,455$1,648$1,090$494
33 years$4,925$3,399$2,292$1,515$987$434
34 years$4,728$3,222$2,141$1,394$893$381
35 years$4,542$3,056$2,002$1,284$809$334
36 years$4,368$2,900$1,873$1,182$733$294
37 years$4,203$2,755$1,753$1,089$664$258
38 years$4,047$2,618$1,642$1,004$602$227
39 years$3,899$2,489$1,538$926$546$199
40 years$3,760$2,369$1,442$854$495$175
41 years$3,627$2,255$1,352$788$449$154
42 years$3,501$2,147$1,268$727$408$135
43 years$3,381$2,046$1,190$671$370$119
44 years$3,267$1,950$1,117$620$336$104
45 years$3,159$1,860$1,049$572$305$92
46 years$3,055$1,774$985$529$277$81
47 years$2,956$1,693$925$488$251$71
48 years$2,862$1,616$870$451$228$62
49 years$2,771$1,543$817$417$207$55
50 years$2,685$1,474$768$385$188$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $2,750,000, adding $4,353 every year, while hoping to spend $51,562 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: 50/25/25 Blend
50$2,750,000$2,750,000$2,750,000$2,750,000
51$3,034,990$2,889,240$2,846,615$3,165,155
52$3,289,698$2,975,951$2,887,115$3,342,954
53$3,568,657$3,065,183$2,927,244$3,530,554
54$3,874,288$3,157,005$2,966,934$3,733,420
55$4,209,254$3,251,487$3,006,115$3,953,019
56$4,576,490$3,348,702$3,044,713$4,190,969
57$4,979,228$3,448,725$3,082,647$4,449,050
58$5,421,027$3,551,630$3,119,833$4,729,221
59$5,905,809$3,657,496$3,156,184$5,033,640
60$6,437,890$3,766,403$3,191,605$5,364,684
61$7,022,030$3,878,431$3,225,998$5,724,969
62$7,663,466$3,993,664$3,259,259$6,117,378
63$8,367,973$4,112,187$3,291,278$6,545,085
64$9,141,909$4,234,087$3,321,938$7,011,588
65$9,992,279$4,359,452$3,351,118$7,520,738
66$10,926,801$4,488,374$3,378,690$8,076,778
67$11,953,975$4,620,946$3,404,517$8,684,383
68$13,083,170$4,757,262$3,428,458$9,348,701
69$14,324,705$4,897,418$3,450,362$10,075,405
70$15,689,947$5,041,515$3,470,072$10,870,745
71$17,191,425$5,189,652$3,487,422$11,741,608
72$18,842,938$5,341,932$3,502,239$12,695,578
73$20,659,692$5,498,461$3,514,338$13,741,016
74$22,658,440$5,659,346$3,523,528$14,887,130
75$24,857,641$5,824,694$3,529,607$16,144,068
76$27,277,635$5,994,618$3,532,362$17,523,011
77$29,940,830$6,169,230$3,531,572$19,036,280
78$32,871,918$6,348,646$3,527,004$20,697,450
79$36,098,107$6,532,983$3,518,412$22,521,479
80$39,649,374$6,722,360$3,505,539$24,524,852
81$43,558,752$6,916,898$3,488,117$26,725,730
82$47,862,639$7,116,720$3,465,863$29,144,130
83$52,601,141$7,321,951$3,438,482$31,802,105
84$57,818,450$7,532,720$3,405,663$34,723,961
85$63,563,262$7,749,153$3,367,083$37,936,478
86$69,889,236$7,971,383$3,322,402$41,469,169
87$76,855,499$8,199,541$3,271,263$45,354,557
88$84,527,203$8,433,762$3,213,294$49,628,479
89$92,976,144$8,674,183$3,148,105$54,330,430
90$102,281,432$8,920,939$3,075,288$59,503,932
91$112,530,244$9,174,171$2,994,416$65,196,944
92$123,818,641$9,434,018$2,905,042$71,462,319
93$136,252,481$9,700,623$2,806,698$78,358,300
94$149,948,408$9,974,128$2,698,897$85,949,071
95$165,034,963$10,254,677$2,581,127$94,305,364
96$181,653,788$10,542,416$2,452,854$103,505,123
97$199,960,970$10,837,489$2,313,520$113,634,247
98$220,128,506$11,140,043$2,162,540$124,787,395
99$242,345,934$11,450,226$1,999,306$137,068,883
100$266,822,116$11,768,183$1,823,179$150,593,668