Can I retire at age 51 with 805,000?

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 $805,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$66,476$65,884$65,306$64,742$64,192$62,742
2 years$32,909$32,296$31,702$31,126$30,568$29,115
3 years$21,721$21,106$20,513$19,943$19,393$17,983
4 years$16,129$15,515$14,928$14,368$13,831$12,474
5 years$12,774$12,164$11,585$11,036$10,514$9,214
6 years$10,538$9,933$9,362$8,825$8,320$7,078
7 years$8,942$8,342$7,780$7,256$6,766$5,583
8 years$7,745$7,150$6,598$6,087$5,613$4,488
9 years$6,815$6,226$5,683$5,185$4,727$3,659
10 years$6,071$5,488$4,955$4,469$4,028$3,016
11 years$5,463$4,885$4,362$3,889$3,464$2,507
12 years$4,956$4,385$3,871$3,412$3,002$2,098
13 years$4,528$3,963$3,459$3,012$2,618$1,765
14 years$4,162$3,602$3,108$2,674$2,295$1,492
15 years$3,844$3,290$2,806$2,384$2,020$1,266
16 years$3,566$3,019$2,544$2,135$1,786$1,077
17 years$3,322$2,780$2,315$1,918$1,583$919
18 years$3,105$2,569$2,113$1,729$1,408$786
19 years$2,910$2,381$1,934$1,562$1,255$673
20 years$2,736$2,213$1,775$1,415$1,121$577
21 years$2,578$2,061$1,633$1,284$1,003$496
22 years$2,435$1,924$1,505$1,167$899$426
23 years$2,305$1,799$1,390$1,063$807$367
24 years$2,185$1,686$1,285$970$725$316
25 years$2,075$1,582$1,190$886$653$272
26 years$1,974$1,487$1,104$810$588$235
27 years$1,881$1,399$1,025$741$530$203
28 years$1,794$1,319$953$679$478$175
29 years$1,714$1,244$887$623$432$151
30 years$1,639$1,175$826$572$390$131
31 years$1,569$1,110$770$525$353$113
32 years$1,503$1,051$719$482$319$98
33 years$1,442$995$671$444$289$84
34 years$1,384$943$627$408$261$73
35 years$1,330$895$586$376$237$63
36 years$1,279$849$548$346$215$55
37 years$1,230$806$513$319$194$47
38 years$1,185$766$481$294$176$41
39 years$1,141$729$450$271$160$35
40 years$1,101$693$422$250$145$31
41 years$1,062$660$396$231$132$26
42 years$1,025$629$371$213$119$23
43 years$990$599$348$196$108$20
44 years$956$571$327$181$98$17
45 years$925$544$307$168$89$15
46 years$894$519$288$155$81$13
47 years$865$496$271$143$74$11
48 years$838$473$255$132$67$10
49 years$811$452$239$122$61$8
50 years$786$432$225$113$55$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $805,000, adding $2,363 every year, while hoping to spend $28,732 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: 68/9/23 Blend
50$805,000$805,000$805,000$805,000
51$889,547$846,882$834,405$944,689
52$949,711$857,809$831,787$992,872
53$1,015,048$868,308$828,118$1,042,030
54$1,086,055$878,328$823,333$1,095,130
55$1,163,282$887,815$817,363$1,152,560
56$1,247,328$896,709$810,137$1,214,749
57$1,338,857$904,950$801,578$1,282,170
58$1,438,597$912,469$791,607$1,355,343
59$1,547,351$919,197$780,143$1,434,843
60$1,666,002$925,058$767,099$1,521,305
61$1,795,520$929,973$752,383$1,615,428
62$1,936,977$933,855$735,901$1,717,982
63$2,091,548$936,614$717,554$1,829,818
64$2,260,532$938,154$697,238$1,951,874
65$2,445,355$938,372$674,844$2,085,184
66$2,647,589$937,159$650,259$2,230,889
67$2,868,964$934,401$623,363$2,390,246
68$3,111,385$929,974$594,033$2,564,642
69$3,376,952$923,749$562,139$2,755,607
70$3,667,976$915,587$527,545$2,964,828
71$3,987,001$905,342$490,109$3,194,164
72$4,336,830$892,859$449,683$3,445,665
73$4,720,552$877,974$406,113$3,721,595
74$5,141,566$860,512$359,235$4,024,445
75$5,603,618$840,290$308,882$4,356,965
76$6,110,835$817,112$254,877$4,722,187
77$6,667,760$790,771$197,036$5,123,454
78$7,279,401$761,048$135,166$5,564,451
79$7,951,273$727,712$69,067$6,049,241
80$8,689,450$690,517$0$6,582,304
81$9,500,627$649,206$0$7,168,941
82$10,392,177$603,502$0$7,832,348
83$11,372,223$553,118$0$8,561,617
84$12,449,715$497,746$0$9,363,426
85$13,634,514$437,064$0$10,245,131
86$14,937,482$370,727$0$11,214,842
87$16,370,588$298,377$0$12,281,492
88$17,947,021$219,629$0$13,454,928
89$19,681,308$134,082$0$14,745,997
90$21,589,459$41,310$0$16,166,657
91$23,689,112$0$0$17,730,081
92$25,999,702$0$0$19,456,644
93$28,542,642$0$0$21,361,387
94$31,341,528$0$0$23,457,899
95$34,422,358$0$0$25,765,662
96$37,813,778$0$0$28,306,141
97$41,547,353$0$0$31,102,988
98$45,657,865$0$0$34,182,267
99$50,183,639$0$0$37,572,696
100$55,166,906$0$0$41,305,919