Can I retire at age 51 with 809,000?

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 $809,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$66,806$66,211$65,631$65,064$64,511$63,442
2 years$33,073$32,457$31,860$31,281$30,719$29,646
3 years$21,829$21,211$20,615$20,042$19,490$18,445
4 years$16,209$15,592$15,003$14,439$13,900$12,892
5 years$12,837$12,224$11,643$11,091$10,567$9,598
6 years$10,591$9,982$9,409$8,869$8,361$7,433
7 years$8,986$8,383$7,819$7,292$6,800$5,912
8 years$7,784$7,186$6,631$6,117$5,641$4,794
9 years$6,849$6,257$5,711$5,210$4,751$3,944
10 years$6,101$5,515$4,979$4,491$4,048$3,281
11 years$5,490$4,910$4,384$3,909$3,481$2,753
12 years$4,981$4,407$3,890$3,429$3,017$2,326
13 years$4,551$3,982$3,476$3,027$2,631$1,977
14 years$4,182$3,620$3,123$2,687$2,306$1,688
15 years$3,863$3,307$2,820$2,396$2,030$1,447
16 years$3,584$3,034$2,556$2,146$1,794$1,244
17 years$3,338$2,794$2,326$1,928$1,591$1,073
18 years$3,120$2,582$2,124$1,737$1,415$928
19 years$2,925$2,393$1,944$1,570$1,261$803
20 years$2,750$2,223$1,784$1,422$1,126$697
21 years$2,591$2,071$1,641$1,290$1,008$606
22 years$2,447$1,933$1,512$1,173$903$527
23 years$2,316$1,808$1,397$1,068$811$459
24 years$2,196$1,694$1,292$975$729$400
25 years$2,086$1,590$1,196$890$656$349
26 years$1,984$1,494$1,109$814$591$305
27 years$1,890$1,406$1,030$745$533$266
28 years$1,803$1,325$958$682$481$232
29 years$1,722$1,250$891$626$434$203
30 years$1,647$1,181$830$574$392$178
31 years$1,576$1,116$774$527$355$156
32 years$1,511$1,056$722$485$321$136
33 years$1,449$1,000$674$446$290$119
34 years$1,391$948$630$410$263$104
35 years$1,336$899$589$378$238$91
36 years$1,285$853$551$348$216$80
37 years$1,236$810$516$320$195$70
38 years$1,191$770$483$295$177$62
39 years$1,147$732$452$272$161$54
40 years$1,106$697$424$251$146$47
41 years$1,067$663$398$232$132$41
42 years$1,030$632$373$214$120$36
43 years$995$602$350$197$109$32
44 years$961$574$329$182$99$28
45 years$929$547$308$168$90$24
46 years$899$522$290$155$81$21
47 years$870$498$272$144$74$19
48 years$842$475$256$133$67$17
49 years$815$454$240$123$61$14
50 years$790$434$226$113$55$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $809,000, adding $3,744 every year, while hoping to spend $43,506 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: 50/34/16 Blend
50$809,000$809,000$809,000$809,000
51$895,380$852,503$839,963$936,022
52$940,419$847,986$821,812$959,888
53$988,593$841,789$801,595$980,985
54$1,040,177$833,784$779,196$1,002,959
55$1,095,472$823,836$754,495$1,025,907
56$1,154,806$811,800$727,367$1,049,938
57$1,218,541$797,523$697,679$1,075,176
58$1,287,075$780,844$665,294$1,101,759
59$1,360,843$761,592$630,067$1,129,841
60$1,440,323$739,584$591,849$1,159,598
61$1,526,042$714,630$550,482$1,191,225
62$1,618,577$686,525$505,801$1,224,940
63$1,718,561$655,054$457,635$1,260,988
64$1,826,693$619,991$405,804$1,299,642
65$1,943,739$581,093$350,122$1,341,208
66$2,070,542$538,108$290,392$1,386,027
67$2,208,027$490,765$226,410$1,434,481
68$2,357,214$438,781$157,963$1,486,993
69$2,519,223$381,854$84,828$1,544,038
70$2,695,286$319,668$6,773$1,606,143
71$2,886,760$251,886$0$1,673,895
72$3,095,135$178,155$0$1,761,012
73$3,322,054$98,099$0$1,857,241
74$3,569,321$11,324$0$1,962,278
75$3,838,925$0$0$2,077,069
76$4,133,053$0$0$2,233,560
77$4,454,112$0$0$2,409,086
78$4,804,753$0$0$2,600,867
79$5,187,894$0$0$2,810,512
80$5,606,746$0$0$3,039,787
81$6,064,847$0$0$3,290,640
82$6,566,089$0$0$3,565,215
83$7,114,761$0$0$3,865,873
84$7,715,583$0$0$4,195,214
85$8,373,756$0$0$4,556,101
86$9,095,005$0$0$4,951,687
87$9,885,635$0$0$5,385,445
88$10,752,593$0$0$5,861,200
89$11,703,526$0$0$6,383,165
90$12,746,862$0$0$6,955,980
91$13,891,879$0$0$7,584,757
92$15,148,800$0$0$8,275,126
93$16,528,885$0$0$9,033,289
94$18,044,539$0$0$9,866,080
95$19,709,426$0$0$10,781,024
96$21,538,597$0$0$11,786,413
97$23,548,637$0$0$12,891,382
98$25,757,813$0$0$14,105,995
99$28,186,253$0$0$15,441,338
100$30,856,129$0$0$16,909,628