Can I retire at age 51 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$67,550$66,948$66,361$65,788$65,228$64,227
2 years$33,440$32,818$32,214$31,629$31,061$30,055
3 years$22,072$21,447$20,845$20,265$19,706$18,726
4 years$16,389$15,766$15,170$14,600$14,055$13,109
5 years$12,980$12,360$11,772$11,214$10,684$9,774
6 years$10,708$10,093$9,514$8,968$8,454$7,582
7 years$9,086$8,476$7,906$7,373$6,875$6,041
8 years$7,870$7,266$6,705$6,185$5,704$4,907
9 years$6,925$6,326$5,775$5,268$4,803$4,044
10 years$6,169$5,576$5,035$4,541$4,093$3,370
11 years$5,551$4,964$4,432$3,952$3,520$2,833
12 years$5,036$4,456$3,934$3,467$3,050$2,399
13 years$4,601$4,027$3,514$3,061$2,660$2,043
14 years$4,229$3,660$3,158$2,717$2,332$1,748
15 years$3,906$3,343$2,851$2,423$2,053$1,501
16 years$3,624$3,068$2,585$2,169$1,814$1,294
17 years$3,375$2,825$2,352$1,949$1,609$1,118
18 years$3,155$2,611$2,147$1,757$1,430$969
19 years$2,957$2,419$1,966$1,587$1,275$841
20 years$2,780$2,248$1,804$1,438$1,139$731
21 years$2,620$2,094$1,659$1,305$1,019$637
22 years$2,474$1,955$1,529$1,186$914$555
23 years$2,342$1,828$1,412$1,080$820$484
24 years$2,220$1,713$1,306$985$737$423
25 years$2,109$1,608$1,210$900$663$370
26 years$2,006$1,511$1,122$823$597$324
27 years$1,911$1,422$1,042$753$539$284
28 years$1,823$1,340$968$690$486$248
29 years$1,741$1,264$901$633$439$218
30 years$1,665$1,194$839$581$397$191
31 years$1,594$1,128$783$533$359$168
32 years$1,527$1,068$730$490$324$147
33 years$1,465$1,011$682$451$293$129
34 years$1,406$958$637$415$266$113
35 years$1,351$909$596$382$241$99
36 years$1,299$863$557$352$218$87
37 years$1,250$819$521$324$198$77
38 years$1,204$779$488$299$179$67
39 years$1,160$741$457$275$162$59
40 years$1,118$705$429$254$147$52
41 years$1,079$671$402$234$134$46
42 years$1,041$639$377$216$121$40
43 years$1,006$609$354$200$110$35
44 years$972$580$332$184$100$31
45 years$940$553$312$170$91$27
46 years$909$528$293$157$82$24
47 years$879$504$275$145$75$21
48 years$851$481$259$134$68$19
49 years$824$459$243$124$62$16
50 years$799$439$229$115$56$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $818,000, adding $2,567 every year, while hoping to spend $23,277 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: 44/46/10 Blend
50$818,000$818,000$818,000$818,000
51$904,084$860,730$848,051$941,167
52$971,534$878,139$851,694$984,590
53$1,045,084$895,621$854,679$1,029,052
54$1,125,331$913,155$856,959$1,076,716
55$1,212,933$930,718$858,486$1,127,884
56$1,308,614$948,286$859,208$1,182,890
57$1,413,172$965,831$859,070$1,242,103
58$1,527,484$983,325$858,017$1,305,927
59$1,652,516$1,000,736$855,989$1,374,811
60$1,789,331$1,018,031$852,924$1,449,248
61$1,939,102$1,035,174$848,756$1,529,781
62$2,103,119$1,052,125$843,417$1,617,010
63$2,282,801$1,068,844$836,836$1,711,597
64$2,479,713$1,085,284$828,937$1,814,270
65$2,695,579$1,101,398$819,641$1,925,834
66$2,932,296$1,117,133$808,866$2,047,175
67$3,191,953$1,132,436$796,526$2,179,272
68$3,476,853$1,147,246$782,531$2,323,202
69$3,789,531$1,161,500$766,785$2,480,155
70$4,132,781$1,175,132$749,190$2,651,442
71$4,509,678$1,188,067$729,642$2,838,511
72$4,923,613$1,200,230$708,032$3,042,955
73$5,378,319$1,211,539$684,249$3,266,534
74$5,877,909$1,221,905$658,172$3,511,188
75$6,426,913$1,231,236$629,678$3,779,056
76$7,030,323$1,239,432$598,637$4,072,497
77$7,693,639$1,246,387$564,915$4,394,113
78$8,422,919$1,251,989$528,369$4,746,772
79$9,224,839$1,256,118$488,851$5,133,639
80$10,106,751$1,258,647$446,206$5,558,202
81$11,076,760$1,259,441$400,275$6,024,307
82$12,143,792$1,258,356$350,886$6,536,197
83$13,317,684$1,255,240$297,865$7,098,550
84$14,609,271$1,249,931$241,028$7,716,524
85$16,030,496$1,242,256$180,181$8,395,805
86$17,594,515$1,232,035$115,126$9,142,664
87$19,315,824$1,219,074$45,651$9,964,016
88$21,210,397$1,203,167$0$10,867,485
89$23,295,834$1,184,099$0$11,864,517
90$25,591,527$1,161,638$0$12,966,734
91$28,118,847$1,135,541$0$14,179,506
92$30,901,337$1,105,551$0$15,514,123
93$33,964,944$1,071,394$0$16,983,035
94$37,338,257$1,032,781$0$18,599,964
95$41,052,778$989,406$0$20,380,037
96$45,143,219$940,945$0$22,339,929
97$49,647,832$887,055$0$24,498,023
98$54,608,766$827,375$0$26,874,580
99$60,072,465$761,522$0$29,491,936
100$66,090,111$689,091$0$32,374,711