Can I retire at age 51 with 822,000?

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 $822,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$67,880$67,275$66,685$66,110$65,547$64,702
2 years$33,604$32,978$32,372$31,783$31,213$30,362
3 years$22,180$21,552$20,947$20,364$19,803$18,973
4 years$16,469$15,843$15,244$14,671$14,124$13,322
5 years$13,044$12,421$11,830$11,269$10,737$9,965
6 years$10,761$10,143$9,560$9,012$8,495$7,754
7 years$9,131$8,518$7,945$7,409$6,909$6,199
8 years$7,909$7,301$6,738$6,215$5,732$5,053
9 years$6,959$6,357$5,803$5,294$4,827$4,179
10 years$6,199$5,603$5,059$4,564$4,113$3,496
11 years$5,578$4,988$4,454$3,972$3,537$2,950
12 years$5,061$4,477$3,953$3,484$3,065$2,507
13 years$4,624$4,046$3,532$3,076$2,673$2,143
14 years$4,249$3,678$3,173$2,730$2,343$1,841
15 years$3,925$3,360$2,865$2,435$2,063$1,588
16 years$3,642$3,083$2,598$2,180$1,823$1,374
17 years$3,392$2,839$2,364$1,959$1,617$1,193
18 years$3,170$2,623$2,158$1,765$1,437$1,038
19 years$2,972$2,431$1,975$1,595$1,281$905
20 years$2,794$2,259$1,813$1,445$1,144$790
21 years$2,633$2,104$1,667$1,311$1,024$691
22 years$2,487$1,964$1,537$1,192$918$605
23 years$2,353$1,837$1,419$1,086$824$531
24 years$2,231$1,721$1,312$990$741$466
25 years$2,119$1,615$1,215$904$666$409
26 years$2,016$1,518$1,127$827$600$360
27 years$1,921$1,429$1,047$757$541$317
28 years$1,832$1,346$973$693$488$279
29 years$1,750$1,270$906$636$441$246
30 years$1,673$1,200$843$584$398$216
31 years$1,602$1,134$786$536$360$191
32 years$1,535$1,073$734$493$326$168
33 years$1,472$1,016$685$453$295$148
34 years$1,413$963$640$417$267$131
35 years$1,358$913$598$384$242$116
36 years$1,306$867$560$353$219$102
37 years$1,256$823$524$326$199$90
38 years$1,210$783$491$300$180$80
39 years$1,166$744$460$277$163$70
40 years$1,124$708$431$255$148$62
41 years$1,084$674$404$235$134$55
42 years$1,047$642$379$217$122$48
43 years$1,011$612$356$201$111$43
44 years$977$583$334$185$100$38
45 years$944$556$313$171$91$33
46 years$913$530$294$158$83$30
47 years$884$506$277$146$75$26
48 years$855$483$260$135$68$23
49 years$828$461$244$125$62$20
50 years$803$441$230$115$56$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $822,000, adding $2,491 every year, while hoping to spend $37,962 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: 69/12/19 Blend
50$822,000$822,000$822,000$822,000
51$908,413$864,847$852,106$966,718
52$960,680$866,834$840,261$1,007,934
53$1,017,006$867,645$826,746$1,048,317
54$1,077,765$867,184$811,466$1,091,566
55$1,143,367$865,346$794,320$1,137,963
56$1,214,264$862,022$775,204$1,187,815
57$1,290,953$857,094$754,007$1,241,463
58$1,373,978$850,440$730,614$1,299,285
59$1,463,939$841,926$704,904$1,361,696
60$1,561,495$831,415$676,753$1,429,156
61$1,667,371$818,758$646,028$1,502,170
62$1,782,365$803,799$612,592$1,581,299
63$1,907,353$786,372$576,300$1,667,161
64$2,043,300$766,302$537,004$1,760,437
65$2,191,268$743,401$494,545$1,861,881
66$2,352,424$717,475$448,759$1,972,324
67$2,528,054$688,314$399,475$2,092,684
68$2,719,573$655,699$346,515$2,223,973
69$2,928,536$619,395$289,690$2,367,309
70$3,156,659$579,157$228,806$2,523,926
71$3,405,826$534,724$163,659$2,695,186
72$3,678,114$485,820$94,036$2,882,591
73$3,975,811$432,154$19,715$3,087,799
74$4,301,432$373,417$0$3,312,640
75$4,657,749$309,286$0$3,571,216
76$5,047,814$239,415$0$3,858,723
77$5,474,987$163,443$0$4,173,669
78$5,942,969$80,985$0$4,518,820
79$6,455,836$0$0$4,897,222
80$7,018,075$0$0$5,313,339
81$7,634,631$0$0$5,781,430
82$8,310,949$0$0$6,294,938
83$9,053,024$0$0$6,858,425
84$9,867,463$0$0$7,476,911
85$10,761,543$0$0$8,155,929
86$11,743,278$0$0$8,901,572
87$12,821,498$0$0$9,720,554
88$14,005,930$0$0$10,620,269
89$15,307,287$0$0$11,608,864
90$16,737,375$0$0$12,695,313
91$18,309,196$0$0$13,889,505
92$20,037,079$0$0$15,202,330
93$21,936,807$0$0$16,645,791
94$24,025,770$0$0$18,233,109
95$26,323,126$0$0$19,978,851
96$28,849,984$0$0$21,899,066
97$31,629,601$0$0$24,011,439
98$34,687,603$0$0$26,335,451
99$38,052,221$0$0$28,892,570
100$41,754,565$0$0$31,706,448