Can I retire at age 51 with 816,000?

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 $816,000?

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%
1 years$67,385$66,784$66,199$65,627$65,069$63,965
2 years$33,359$32,737$32,135$31,551$30,985$29,876
3 years$22,018$21,394$20,794$20,215$19,658$18,579
4 years$16,349$15,727$15,132$14,564$14,020$12,979
5 years$12,949$12,330$11,743$11,187$10,658$9,658
6 years$10,682$10,069$9,490$8,946$8,433$7,475
7 years$9,064$8,456$7,887$7,355$6,859$5,943
8 years$7,851$7,248$6,688$6,170$5,690$4,816
9 years$6,908$6,311$5,761$5,255$4,792$3,960
10 years$6,154$5,563$5,022$4,530$4,083$3,292
11 years$5,538$4,952$4,422$3,943$3,511$2,760
12 years$5,024$4,445$3,924$3,458$3,043$2,331
13 years$4,590$4,017$3,506$3,053$2,653$1,980
14 years$4,218$3,651$3,150$2,710$2,326$1,689
15 years$3,897$3,335$2,844$2,417$2,048$1,447
16 years$3,615$3,060$2,579$2,164$1,810$1,244
17 years$3,367$2,818$2,346$1,944$1,605$1,072
18 years$3,147$2,604$2,142$1,752$1,427$926
19 years$2,950$2,413$1,961$1,583$1,272$801
20 years$2,773$2,243$1,800$1,434$1,136$694
21 years$2,613$2,089$1,655$1,302$1,017$603
22 years$2,468$1,950$1,526$1,183$911$524
23 years$2,336$1,824$1,409$1,078$818$456
24 years$2,215$1,709$1,303$983$735$397
25 years$2,104$1,604$1,207$898$662$346
26 years$2,001$1,507$1,119$821$596$302
27 years$1,907$1,418$1,039$751$537$264
28 years$1,819$1,337$966$688$485$230
29 years$1,737$1,261$899$631$438$201
30 years$1,661$1,191$837$579$396$176
31 years$1,590$1,126$781$532$358$154
32 years$1,524$1,065$728$489$324$134
33 years$1,461$1,009$680$450$293$118
34 years$1,403$956$635$414$265$103
35 years$1,348$907$594$381$240$90
36 years$1,296$861$556$351$218$79
37 years$1,247$817$520$323$197$69
38 years$1,201$777$487$298$179$60
39 years$1,157$739$456$275$162$53
40 years$1,116$703$428$253$147$46
41 years$1,076$669$401$234$133$41
42 years$1,039$637$376$216$121$36
43 years$1,003$607$353$199$110$31
44 years$970$579$331$184$100$27
45 years$937$552$311$170$91$24
46 years$907$526$292$157$82$21
47 years$877$502$275$145$75$18
48 years$849$480$258$134$68$16
49 years$822$458$243$124$62$14
50 years$797$437$228$114$56$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $816,000, adding $3,075 every year, while hoping to spend $39,770 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: 32/43/25 Blend
50$816,000$816,000$816,000$816,000
51$902,404$859,156$846,508$924,283
52$952,134$858,940$832,551$940,940
53$1,005,604$857,380$816,793$955,103
54$1,063,153$854,368$799,133$969,561
55$1,125,153$849,792$779,463$984,367
56$1,192,015$843,527$757,671$999,579
57$1,264,188$835,447$733,640$1,015,270
58$1,342,165$825,415$707,248$1,031,521
59$1,426,491$813,285$678,366$1,048,423
60$1,517,762$798,905$646,860$1,066,085
61$1,616,635$782,112$612,591$1,084,629
62$1,723,830$762,734$575,411$1,104,192
63$1,840,142$740,589$535,168$1,124,935
64$1,966,442$715,484$491,702$1,147,035
65$2,103,692$687,215$444,847$1,170,697
66$2,252,946$655,566$394,427$1,196,151
67$2,415,366$620,309$340,260$1,223,655
68$2,592,231$581,201$282,156$1,253,504
69$2,784,946$537,988$219,916$1,286,025
70$2,995,060$490,399$153,333$1,321,591
71$3,224,277$438,149$82,189$1,360,616
72$3,474,470$380,936$6,260$1,403,568
73$3,747,705$318,440$0$1,450,970
74$4,046,253$250,326$0$1,523,352
75$4,372,616$176,237$0$1,604,504
76$4,729,548$95,798$0$1,693,555
77$5,120,081$8,611$0$1,791,394
78$5,547,554$0$0$1,899,011
79$6,015,645$0$0$2,058,071
80$6,528,400$0$0$2,236,895
81$7,090,281$0$0$2,432,981
82$7,706,196$0$0$2,648,056
83$8,381,556$0$0$2,884,027
84$9,122,316$0$0$3,142,992
85$9,935,037$0$0$3,427,262
86$10,826,947$0$0$3,739,384
87$11,806,005$0$0$4,082,162
88$12,880,981$0$0$4,458,686
89$14,061,533$0$0$4,872,361
90$15,358,302$0$0$5,326,935
91$16,783,011$0$0$5,826,540
92$18,348,571$0$0$6,375,727
93$20,069,211$0$0$6,979,510
94$21,960,601$0$0$7,643,413
95$24,040,010$0$0$8,373,521
96$26,326,461$0$0$9,176,541
97$28,840,912$0$0$10,059,859
98$31,606,455$0$0$11,031,616
99$34,648,533$0$0$12,100,781
100$37,995,177$0$0$13,277,235