Can I retire at age 51 with 807,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%16.8%
1 years$66,641$66,048$65,469$64,903$64,351$62,567
2 years$32,991$32,376$31,781$31,203$30,643$28,859
3 years$21,775$21,158$20,564$19,992$19,441$17,713
4 years$16,169$15,554$14,966$14,403$13,866$12,207
5 years$12,806$12,194$11,614$11,063$10,541$8,955
6 years$10,564$9,957$9,386$8,847$8,340$6,830
7 years$8,964$8,362$7,800$7,274$6,783$5,348
8 years$7,764$7,168$6,615$6,102$5,627$4,266
9 years$6,832$6,241$5,697$5,197$4,739$3,451
10 years$6,086$5,501$4,967$4,480$4,038$2,822
11 years$5,476$4,897$4,373$3,899$3,473$2,326
12 years$4,969$4,396$3,881$3,420$3,009$1,930
13 years$4,539$3,972$3,467$3,019$2,624$1,610
14 years$4,172$3,611$3,115$2,680$2,300$1,349
15 years$3,854$3,298$2,813$2,390$2,025$1,134
16 years$3,575$3,026$2,550$2,140$1,790$956
17 years$3,330$2,787$2,321$1,923$1,587$808
18 years$3,112$2,575$2,118$1,733$1,411$684
19 years$2,918$2,387$1,939$1,566$1,258$580
20 years$2,743$2,218$1,780$1,418$1,124$493
21 years$2,585$2,066$1,637$1,287$1,005$419
22 years$2,441$1,929$1,509$1,170$901$357
23 years$2,310$1,804$1,393$1,066$809$304
24 years$2,191$1,690$1,288$972$727$259
25 years$2,081$1,586$1,193$888$654$221
26 years$1,979$1,491$1,107$812$589$189
27 years$1,885$1,403$1,028$743$531$161
28 years$1,799$1,322$955$681$479$138
29 years$1,718$1,247$889$624$433$118
30 years$1,643$1,178$828$573$391$101
31 years$1,572$1,113$772$526$354$86
32 years$1,507$1,053$720$484$320$74
33 years$1,445$998$673$445$290$63
34 years$1,387$945$628$409$262$54
35 years$1,333$897$588$377$237$46
36 years$1,282$851$550$347$215$39
37 years$1,233$808$514$320$195$34
38 years$1,188$768$482$295$177$29
39 years$1,144$731$451$272$160$25
40 years$1,103$695$423$251$145$21
41 years$1,064$662$397$231$132$18
42 years$1,027$630$372$213$120$15
43 years$992$600$349$197$109$13
44 years$959$572$328$182$99$11
45 years$927$546$308$168$90$10
46 years$897$521$289$155$81$8
47 years$868$497$272$143$74$7
48 years$840$474$255$132$67$6
49 years$813$453$240$122$61$5
50 years$788$433$225$113$55$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $807,000, adding $4,946 every year, while hoping to spend $40,006 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: 52/24/24 Blend
50$807,000$807,000$807,000$807,000
51$894,416$851,645$839,136$934,714
52$943,080$850,809$824,681$962,277
53$995,367$848,592$808,401$987,741
54$1,051,605$844,883$790,193$1,014,618
55$1,112,152$839,566$769,948$1,043,057
56$1,177,403$832,516$747,553$1,073,226
57$1,247,792$823,604$722,889$1,105,311
58$1,323,795$812,688$695,834$1,139,519
59$1,405,936$799,623$666,258$1,176,081
60$1,494,788$784,252$634,025$1,215,254
61$1,590,985$766,409$598,993$1,257,322
62$1,695,222$745,919$561,016$1,302,605
63$1,808,262$722,597$519,938$1,351,454
64$1,930,947$696,246$475,597$1,404,262
65$2,064,200$666,658$427,826$1,461,465
66$2,209,038$633,614$376,448$1,523,547
67$2,366,580$596,882$321,279$1,591,043
68$2,538,056$556,214$262,127$1,664,551
69$2,724,820$511,351$198,791$1,744,730
70$2,928,363$462,018$131,061$1,832,313
71$3,150,323$407,924$58,719$1,928,114
72$3,392,507$348,763$0$2,033,032
73$3,656,900$284,209$0$2,152,799
74$3,945,689$213,921$0$2,300,140
75$4,261,282$137,536$0$2,461,292
76$4,606,329$54,672$0$2,637,677
77$4,983,749$0$0$2,830,864
78$5,396,754$0$0$3,051,850
79$5,848,882$0$0$3,309,656
80$6,344,030$0$0$3,592,073
81$6,886,487$0$0$3,901,558
82$7,480,979$0$0$4,240,819
83$8,132,710$0$0$4,612,835
84$8,847,410$0$0$5,020,889
85$9,631,392$0$0$5,468,598
86$10,491,609$0$0$5,959,944
87$11,435,719$0$0$6,499,313
88$12,472,159$0$0$7,091,540
89$13,610,220$0$0$7,741,946
90$14,860,140$0$0$8,456,396
91$16,233,194$0$0$9,241,351
92$17,741,805$0$0$10,103,926
93$19,399,659$0$0$11,051,963
94$21,221,831$0$0$12,094,099
95$23,224,933$0$0$13,239,851
96$25,427,262$0$0$14,499,701
97$27,848,981$0$0$15,885,202
98$30,512,302$0$0$17,409,080
99$33,441,698$0$0$19,085,357
100$36,664,131$0$0$20,929,481