Can I retire at age 51 with 811,000?

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 $811,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$66,972$66,375$65,793$65,225$64,670$62,675
2 years$33,154$32,537$31,938$31,358$30,795$28,803
3 years$21,883$21,263$20,666$20,091$19,538$17,611
4 years$16,249$15,631$15,040$14,475$13,935$12,087
5 years$12,869$12,255$11,671$11,118$10,593$8,830
6 years$10,617$10,007$9,432$8,891$8,382$6,705
7 years$9,008$8,404$7,838$7,310$6,817$5,226
8 years$7,803$7,204$6,647$6,132$5,655$4,150
9 years$6,866$6,272$5,725$5,223$4,762$3,341
10 years$6,116$5,528$4,992$4,502$4,058$2,718
11 years$5,504$4,922$4,395$3,918$3,490$2,229
12 years$4,993$4,417$3,900$3,437$3,024$1,840
13 years$4,562$3,992$3,484$3,034$2,637$1,526
14 years$4,193$3,629$3,131$2,694$2,312$1,271
15 years$3,873$3,315$2,827$2,402$2,035$1,063
16 years$3,593$3,041$2,563$2,151$1,799$891
17 years$3,347$2,801$2,332$1,933$1,595$749
18 years$3,128$2,588$2,129$1,742$1,418$630
19 years$2,932$2,399$1,949$1,574$1,264$531
20 years$2,756$2,229$1,789$1,425$1,129$449
21 years$2,597$2,076$1,645$1,294$1,010$379
22 years$2,453$1,938$1,516$1,176$906$321
23 years$2,322$1,813$1,400$1,071$813$272
24 years$2,201$1,698$1,295$977$731$230
25 years$2,091$1,594$1,199$892$658$195
26 years$1,989$1,498$1,112$816$592$165
27 years$1,895$1,410$1,033$747$534$140
28 years$1,808$1,328$960$684$482$119
29 years$1,726$1,253$893$627$435$101
30 years$1,651$1,183$832$576$393$86
31 years$1,580$1,119$776$529$355$73
32 years$1,514$1,059$724$486$322$62
33 years$1,452$1,003$676$447$291$53
34 years$1,394$950$632$411$263$45
35 years$1,340$901$590$379$239$38
36 years$1,288$855$552$349$216$32
37 years$1,239$812$517$321$196$27
38 years$1,193$772$484$296$178$23
39 years$1,150$734$454$273$161$20
40 years$1,109$698$425$252$146$17
41 years$1,070$665$399$232$133$14
42 years$1,033$633$374$214$120$12
43 years$997$603$351$198$109$10
44 years$964$575$329$183$99$9
45 years$932$548$309$169$90$7
46 years$901$523$290$156$82$6
47 years$872$499$273$144$74$5
48 years$844$477$256$133$67$5
49 years$817$455$241$123$61$4
50 years$792$435$227$114$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $811,000, adding $3,145 every year, while hoping to spend $20,087 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: 55/27/18 Blend
50$811,000$811,000$811,000$811,000
51$896,966$853,983$841,413$941,808
52$967,084$874,456$848,227$993,228
53$1,043,681$895,259$854,597$1,046,781
54$1,127,397$916,386$860,486$1,104,653
55$1,218,935$937,833$865,856$1,167,262
56$1,319,071$959,591$870,667$1,235,067
57$1,428,658$981,654$874,877$1,308,578
58$1,548,638$1,004,011$878,442$1,388,352
59$1,680,045$1,026,653$881,315$1,475,006
60$1,824,018$1,049,568$883,448$1,569,219
61$1,981,814$1,072,743$884,790$1,671,737
62$2,154,816$1,096,164$885,287$1,783,386
63$2,344,545$1,119,814$884,882$1,905,074
64$2,552,680$1,143,676$883,517$2,037,800
65$2,781,067$1,167,731$881,129$2,182,668
66$3,031,743$1,191,957$877,654$2,340,894
67$3,306,949$1,216,330$873,023$2,513,816
68$3,609,153$1,240,826$867,165$2,702,911
69$3,941,077$1,265,416$860,005$2,909,806
70$4,305,716$1,290,071$851,464$3,136,294
71$4,706,371$1,314,757$841,461$3,384,351
72$5,146,680$1,339,439$829,909$3,656,155
73$5,630,649$1,364,079$816,718$3,954,108
74$6,162,691$1,388,635$801,794$4,280,854
75$6,747,669$1,413,062$785,038$4,639,311
76$7,390,942$1,437,312$766,347$5,032,694
77$8,098,411$1,461,333$745,612$5,464,544
78$8,876,580$1,485,070$722,721$5,938,767
79$9,732,614$1,508,461$697,556$6,459,666
80$10,674,409$1,531,444$669,992$7,031,987
81$11,710,662$1,553,948$639,900$7,660,956
82$12,850,958$1,575,900$607,145$8,352,339
83$14,105,857$1,597,220$571,586$9,112,485
84$15,486,995$1,617,825$533,075$9,948,398
85$17,007,193$1,637,623$491,458$10,867,792
86$18,680,578$1,656,517$446,572$11,879,173
87$20,522,715$1,674,405$398,251$12,991,915
88$22,550,758$1,691,176$346,318$14,216,351
89$24,783,604$1,706,713$290,588$15,563,867
90$27,242,080$1,720,890$230,871$17,047,015
91$29,949,132$1,733,574$166,966$18,679,628
92$32,930,047$1,744,623$98,663$20,476,954
93$36,212,688$1,753,885$25,744$22,455,796
94$39,827,757$1,761,200$0$24,634,676
95$43,809,086$1,766,397$0$27,044,008
96$48,193,957$1,769,294$0$29,702,216
97$53,023,448$1,769,698$0$32,629,194
98$58,342,830$1,767,403$0$35,852,320
99$64,201,985$1,762,193$0$39,401,768
100$70,655,882$1,753,834$0$43,310,787