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%18.6%
1 years$66,972$66,375$65,793$65,225$64,670$62,425
2 years$33,154$32,537$31,938$31,358$30,795$28,557
3 years$21,883$21,263$20,666$20,091$19,538$17,376
4 years$16,249$15,631$15,040$14,475$13,935$11,866
5 years$12,869$12,255$11,671$11,118$10,593$8,623
6 years$10,617$10,007$9,432$8,891$8,382$6,512
7 years$9,008$8,404$7,838$7,310$6,817$5,047
8 years$7,803$7,204$6,647$6,132$5,655$3,984
9 years$6,866$6,272$5,725$5,223$4,762$3,188
10 years$6,116$5,528$4,992$4,502$4,058$2,577
11 years$5,504$4,922$4,395$3,918$3,490$2,100
12 years$4,993$4,417$3,900$3,437$3,024$1,721
13 years$4,562$3,992$3,484$3,034$2,637$1,419
14 years$4,193$3,629$3,131$2,694$2,312$1,174
15 years$3,873$3,315$2,827$2,402$2,035$974
16 years$3,593$3,041$2,563$2,151$1,799$811
17 years$3,347$2,801$2,332$1,933$1,595$676
18 years$3,128$2,588$2,129$1,742$1,418$565
19 years$2,932$2,399$1,949$1,574$1,264$473
20 years$2,756$2,229$1,789$1,425$1,129$396
21 years$2,597$2,076$1,645$1,294$1,010$332
22 years$2,453$1,938$1,516$1,176$906$279
23 years$2,322$1,813$1,400$1,071$813$234
24 years$2,201$1,698$1,295$977$731$197
25 years$2,091$1,594$1,199$892$658$166
26 years$1,989$1,498$1,112$816$592$139
27 years$1,895$1,410$1,033$747$534$117
28 years$1,808$1,328$960$684$482$99
29 years$1,726$1,253$893$627$435$83
30 years$1,651$1,183$832$576$393$70
31 years$1,580$1,119$776$529$355$59
32 years$1,514$1,059$724$486$322$50
33 years$1,452$1,003$676$447$291$42
34 years$1,394$950$632$411$263$35
35 years$1,340$901$590$379$239$30
36 years$1,288$855$552$349$216$25
37 years$1,239$812$517$321$196$21
38 years$1,193$772$484$296$178$18
39 years$1,150$734$454$273$161$15
40 years$1,109$698$425$252$146$13
41 years$1,070$665$399$232$133$11
42 years$1,033$633$374$214$120$9
43 years$997$603$351$198$109$8
44 years$964$575$329$183$99$6
45 years$932$548$309$169$90$5
46 years$901$523$290$156$82$5
47 years$872$499$273$144$74$4
48 years$844$477$256$133$67$3
49 years$817$455$241$123$61$3
50 years$792$435$227$114$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $811,000, adding $6,526 every year, while hoping to spend $59,563 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: 67/7/26 Blend
50$811,000$811,000$811,000$811,000
51$900,454$857,471$844,900$954,296
52$928,925$836,112$809,830$969,968
53$958,305$811,711$771,588$979,753
54$988,622$784,054$730,006$989,099
55$1,019,907$752,919$684,907$997,964
56$1,052,193$718,067$636,107$1,006,306
57$1,085,511$679,247$583,411$1,014,078
58$1,119,897$636,194$526,619$1,021,232
59$1,155,386$588,627$465,520$1,027,718
60$1,192,014$536,249$399,894$1,033,481
61$1,229,820$478,745$329,511$1,038,465
62$1,268,843$415,785$254,131$1,042,611
63$1,309,124$347,018$173,504$1,045,857
64$1,350,706$272,073$87,367$1,048,135
65$1,393,633$190,559$0$1,049,378
66$1,437,951$102,064$0$1,050,776
67$1,483,707$6,151$0$1,076,937
68$1,530,952$0$0$1,103,600
69$1,579,737$0$0$1,138,288
70$1,630,116$0$0$1,174,600
71$1,682,145$0$0$1,212,102
72$1,735,881$0$0$1,250,836
73$1,791,387$0$0$1,290,847
74$1,848,726$0$0$1,332,181
75$1,907,964$0$0$1,374,885
76$1,969,170$0$0$1,419,010
77$2,032,416$0$0$1,464,608
78$2,097,779$0$0$1,511,734
79$2,165,338$0$0$1,560,445
80$2,235,176$0$0$1,610,802
81$2,307,380$0$0$1,662,869
82$2,382,042$0$0$1,716,710
83$2,459,257$0$0$1,772,397
84$2,539,127$0$0$1,830,002
85$2,621,758$0$0$1,889,603
86$2,707,263$0$0$1,951,280
87$2,795,758$0$0$2,015,121
88$2,887,369$0$0$2,081,214
89$2,982,227$0$0$2,149,656
90$3,080,472$0$0$2,220,549
91$3,182,250$0$0$2,293,998
92$3,287,719$0$0$2,370,119
93$3,397,043$0$0$2,449,031
94$3,510,398$0$0$2,530,863
95$3,627,971$0$0$2,615,750
96$3,749,962$0$0$2,703,839
97$3,876,581$0$0$2,795,282
98$4,008,056$0$0$2,890,246
99$4,144,627$0$0$2,988,907
100$4,286,552$0$0$3,091,452