Can I retire at age 51 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$66,889$66,293$65,712$65,145$64,591$62,901
2 years$33,113$32,497$31,899$31,319$30,757$29,067
3 years$21,856$21,237$20,641$20,067$19,514$17,875
4 years$16,229$15,611$15,021$14,457$13,917$12,343
5 years$12,853$12,240$11,657$11,104$10,580$9,074
6 years$10,604$9,994$9,421$8,880$8,371$6,936
7 years$8,997$8,393$7,829$7,301$6,808$5,443
8 years$7,793$7,195$6,639$6,125$5,648$4,353
9 years$6,857$6,264$5,718$5,217$4,756$3,530
10 years$6,109$5,522$4,985$4,497$4,053$2,893
11 years$5,497$4,916$4,389$3,914$3,486$2,391
12 years$4,987$4,412$3,895$3,433$3,020$1,989
13 years$4,556$3,987$3,480$3,031$2,634$1,664
14 years$4,187$3,624$3,127$2,690$2,309$1,397
15 years$3,868$3,311$2,823$2,399$2,033$1,178
16 years$3,589$3,038$2,560$2,148$1,797$996
17 years$3,342$2,797$2,329$1,930$1,593$844
18 years$3,124$2,585$2,126$1,739$1,416$717
19 years$2,929$2,396$1,946$1,572$1,263$610
20 years$2,753$2,226$1,786$1,424$1,128$520
21 years$2,594$2,074$1,643$1,292$1,009$443
22 years$2,450$1,936$1,514$1,175$905$379
23 years$2,319$1,810$1,398$1,070$812$324
24 years$2,199$1,696$1,293$976$730$277
25 years$2,088$1,592$1,198$891$657$237
26 years$1,987$1,496$1,111$815$592$203
27 years$1,892$1,408$1,031$746$533$174
28 years$1,805$1,327$959$683$481$149
29 years$1,724$1,252$892$627$435$128
30 years$1,649$1,182$831$575$393$110
31 years$1,578$1,117$775$528$355$94
32 years$1,512$1,057$723$485$321$81
33 years$1,451$1,001$675$446$291$69
34 years$1,393$949$631$411$263$59
35 years$1,338$900$590$378$238$51
36 years$1,286$854$552$348$216$44
37 years$1,238$811$516$321$196$38
38 years$1,192$771$484$296$177$32
39 years$1,149$733$453$273$161$28
40 years$1,107$698$425$251$146$24
41 years$1,068$664$398$232$132$20
42 years$1,031$632$373$214$120$18
43 years$996$603$350$198$109$15
44 years$962$574$329$183$99$13
45 years$930$548$309$169$90$11
46 years$900$523$290$156$82$10
47 years$871$499$273$144$74$8
48 years$843$476$256$133$67$7
49 years$816$455$241$123$61$6
50 years$791$434$226$114$55$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $810,000, adding $4,025 every year, while hoping to spend $32,802 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: 46/43/11 Blend
50$810,000$810,000$810,000$810,000
51$896,772$853,842$841,287$935,078
52$953,341$860,779$834,569$968,919
53$1,014,582$866,957$826,526$1,001,914
54$1,080,935$872,303$817,081$1,036,969
55$1,152,886$876,742$806,149$1,074,285
56$1,230,969$880,191$793,644$1,114,088
57$1,315,773$882,565$779,475$1,156,626
58$1,407,943$883,772$763,549$1,202,174
59$1,508,189$883,713$745,764$1,251,038
60$1,617,295$882,286$726,018$1,303,555
61$1,736,121$879,379$704,201$1,360,100
62$1,865,614$874,877$680,200$1,421,087
63$2,006,815$868,656$653,896$1,486,976
64$2,160,873$860,582$625,164$1,558,274
65$2,329,050$850,519$593,875$1,635,544
66$2,512,736$838,317$559,892$1,719,409
67$2,713,460$823,819$523,074$1,810,556
68$2,932,908$806,861$483,272$1,909,750
69$3,172,933$787,266$440,330$2,017,833
70$3,435,579$764,849$394,088$2,135,737
71$3,723,093$739,411$344,375$2,264,496
72$4,037,951$710,746$291,014$2,405,250
73$4,382,881$678,631$233,822$2,559,260
74$4,760,885$642,834$172,606$2,727,923
75$5,175,271$603,108$107,163$2,912,780
76$5,629,680$559,192$37,285$3,115,537
77$6,128,125$510,810$0$3,338,077
78$6,675,024$457,670$0$3,586,861
79$7,275,244$399,464$0$3,864,766
80$7,934,147$335,865$0$4,169,983
81$8,657,638$266,531$0$4,505,350
82$9,452,223$191,097$0$4,874,001
83$10,325,068$109,178$0$5,279,396
84$11,284,067$20,371$0$5,725,353
85$12,337,919$0$0$6,216,087
86$13,496,204$0$0$6,792,098
87$14,769,478$0$0$7,435,990
88$16,169,372$0$0$8,144,019
89$17,708,696$0$0$8,922,677
90$19,401,568$0$0$9,779,121
91$21,263,541$0$0$10,721,230
92$23,311,750$0$0$11,757,691
93$25,565,075$0$0$12,898,072
94$28,044,318$0$0$14,152,917
95$30,772,399$0$0$15,533,842
96$33,774,573$0$0$17,053,647
97$37,078,666$0$0$18,726,435
98$40,715,337$0$0$20,567,748
99$44,718,370$0$0$22,594,708
100$49,124,989$0$0$24,826,182