Can I retire at age 51 with 807,000?

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 $807,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$66,641$66,048$65,469$64,903$64,351$62,618
2 years$32,991$32,376$31,781$31,203$30,643$28,909
3 years$21,775$21,158$20,564$19,992$19,441$17,761
4 years$16,169$15,554$14,966$14,403$13,866$12,252
5 years$12,806$12,194$11,614$11,063$10,541$8,998
6 years$10,564$9,957$9,386$8,847$8,340$6,870
7 years$8,964$8,362$7,800$7,274$6,783$5,385
8 years$7,764$7,168$6,615$6,102$5,627$4,301
9 years$6,832$6,241$5,697$5,197$4,739$3,484
10 years$6,086$5,501$4,967$4,480$4,038$2,852
11 years$5,476$4,897$4,373$3,899$3,473$2,354
12 years$4,969$4,396$3,881$3,420$3,009$1,956
13 years$4,539$3,972$3,467$3,019$2,624$1,633
14 years$4,172$3,611$3,115$2,680$2,300$1,370
15 years$3,854$3,298$2,813$2,390$2,025$1,154
16 years$3,575$3,026$2,550$2,140$1,790$974
17 years$3,330$2,787$2,321$1,923$1,587$824
18 years$3,112$2,575$2,118$1,733$1,411$699
19 years$2,918$2,387$1,939$1,566$1,258$594
20 years$2,743$2,218$1,780$1,418$1,124$505
21 years$2,585$2,066$1,637$1,287$1,005$430
22 years$2,441$1,929$1,509$1,170$901$367
23 years$2,310$1,804$1,393$1,066$809$313
24 years$2,191$1,690$1,288$972$727$267
25 years$2,081$1,586$1,193$888$654$228
26 years$1,979$1,491$1,107$812$589$195
27 years$1,885$1,403$1,028$743$531$167
28 years$1,799$1,322$955$681$479$143
29 years$1,718$1,247$889$624$433$122
30 years$1,643$1,178$828$573$391$105
31 years$1,572$1,113$772$526$354$90
32 years$1,507$1,053$720$484$320$77
33 years$1,445$998$673$445$290$66
34 years$1,387$945$628$409$262$56
35 years$1,333$897$588$377$237$48
36 years$1,282$851$550$347$215$41
37 years$1,233$808$514$320$195$36
38 years$1,188$768$482$295$177$30
39 years$1,144$731$451$272$160$26
40 years$1,103$695$423$251$145$22
41 years$1,064$662$397$231$132$19
42 years$1,027$630$372$213$120$16
43 years$992$600$349$197$109$14
44 years$959$572$328$182$99$12
45 years$927$546$308$168$90$10
46 years$897$521$289$155$81$9
47 years$868$497$272$143$74$8
48 years$840$474$255$132$67$7
49 years$813$453$240$122$61$6
50 years$788$433$225$113$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $807,000, adding $6,423 every year, while hoping to spend $35,281 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: 23/48/29 Blend
50$807,000$807,000$807,000$807,000
51$895,939$853,168$840,660$908,255
52$949,786$857,435$831,283$923,745
53$1,007,943$860,728$820,410$936,952
54$1,070,813$862,963$807,953$950,347
55$1,138,837$864,049$793,820$963,971
56$1,212,501$863,890$777,916$977,869
57$1,292,341$862,386$760,141$992,096
58$1,378,943$859,426$740,390$1,006,715
59$1,472,955$854,898$718,552$1,021,798
60$1,575,087$848,678$694,514$1,037,432
61$1,686,120$840,638$668,155$1,053,712
62$1,806,916$830,641$639,350$1,070,750
63$1,938,421$818,541$607,967$1,088,674
64$2,081,676$804,186$573,870$1,107,630
65$2,237,827$787,411$536,915$1,127,783
66$2,408,136$768,045$496,952$1,149,321
67$2,593,991$745,904$453,825$1,172,458
68$2,796,920$720,796$407,371$1,197,433
69$3,018,606$692,515$357,418$1,224,520
70$3,260,901$660,845$303,788$1,254,026
71$3,525,843$625,557$246,295$1,286,295
72$3,815,677$586,408$184,744$1,321,718
73$4,132,876$543,141$118,933$1,360,730
74$4,480,162$495,487$48,649$1,403,821
75$4,860,531$443,158$0$1,451,542
76$5,277,284$385,853$0$1,512,661
77$5,734,057$323,249$0$1,596,308
78$6,234,854$255,011$0$1,688,257
79$6,784,083$180,781$0$1,789,444
80$7,386,602$100,181$0$1,900,911
81$8,047,759$12,815$0$2,023,813
82$8,773,448$0$0$2,159,429
83$9,570,160$0$0$2,352,357
84$10,445,043$0$0$2,571,796
85$11,405,973$0$0$2,812,972
86$12,461,629$0$0$3,078,082
87$13,621,567$0$0$3,369,546
88$14,896,317$0$0$3,690,030
89$16,297,481$0$0$4,042,473
90$17,837,838$0$0$4,430,111
91$19,531,469$0$0$4,856,510
92$21,393,886$0$0$5,325,599
93$23,442,182$0$0$5,841,708
94$25,695,186$0$0$6,409,606
95$28,173,647$0$0$7,034,550
96$30,900,424$0$0$7,722,329
97$33,900,704$0$0$8,479,324
98$37,202,238$0$0$9,312,567
99$40,835,604$0$0$10,229,803
100$44,834,493$0$0$11,239,570