Can I retire at age 51 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$68,128$67,521$66,929$66,351$65,787$64,301
2 years$33,727$33,098$32,490$31,899$31,327$29,838
3 years$22,261$21,630$21,023$20,438$19,875$18,429
4 years$16,529$15,900$15,299$14,725$14,175$12,784
5 years$13,091$12,466$11,873$11,310$10,776$9,443
6 years$10,800$10,180$9,595$9,045$8,526$7,253
7 years$9,164$8,549$7,974$7,436$6,934$5,721
8 years$7,938$7,328$6,762$6,238$5,753$4,599
9 years$6,984$6,380$5,824$5,313$4,845$3,750
10 years$6,222$5,624$5,078$4,580$4,128$3,090
11 years$5,599$5,007$4,470$3,986$3,550$2,569
12 years$5,080$4,494$3,967$3,496$3,076$2,150
13 years$4,641$4,061$3,545$3,087$2,683$1,809
14 years$4,265$3,691$3,185$2,740$2,352$1,529
15 years$3,940$3,372$2,875$2,444$2,071$1,297
16 years$3,655$3,094$2,607$2,188$1,830$1,104
17 years$3,404$2,849$2,372$1,966$1,623$942
18 years$3,182$2,633$2,166$1,772$1,443$805
19 years$2,983$2,440$1,982$1,601$1,286$690
20 years$2,804$2,267$1,819$1,450$1,149$591
21 years$2,642$2,112$1,674$1,316$1,028$508
22 years$2,496$1,972$1,542$1,196$921$437
23 years$2,362$1,844$1,424$1,090$827$376
24 years$2,239$1,728$1,317$994$743$324
25 years$2,127$1,621$1,220$908$669$279
26 years$2,023$1,524$1,131$830$603$241
27 years$1,928$1,434$1,051$760$543$208
28 years$1,839$1,351$977$696$490$179
29 years$1,756$1,275$909$638$443$155
30 years$1,679$1,204$847$586$400$134
31 years$1,608$1,138$789$538$362$116
32 years$1,540$1,077$736$494$327$100
33 years$1,477$1,020$688$455$296$87
34 years$1,418$967$642$418$268$75
35 years$1,363$917$601$385$243$65
36 years$1,310$870$562$355$220$56
37 years$1,261$826$526$327$199$48
38 years$1,214$785$492$301$181$42
39 years$1,170$747$461$278$164$36
40 years$1,128$711$432$256$149$31
41 years$1,088$676$406$236$135$27
42 years$1,050$644$380$218$122$24
43 years$1,014$614$357$201$111$20
44 years$980$585$335$186$101$18
45 years$948$558$315$172$92$15
46 years$917$532$295$159$83$13
47 years$887$508$278$147$75$11
48 years$859$485$261$135$69$10
49 years$831$463$245$125$62$9
50 years$805$442$231$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $825,000, adding $3,477 every year, while hoping to spend $33,839 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: 82/12/6 Blend
50$825,000$825,000$825,000$825,000
51$912,737$869,012$856,224$986,943
52$969,831$875,589$848,903$1,042,533
53$1,031,615$881,354$840,203$1,098,654
54$1,098,532$886,232$830,041$1,159,213
55$1,171,067$890,142$818,332$1,224,636
56$1,249,756$892,999$804,987$1,295,388
57$1,335,187$894,712$789,910$1,371,985
58$1,428,008$895,185$773,004$1,454,994
59$1,528,930$894,315$754,165$1,545,039
60$1,638,738$891,993$733,286$1,642,808
61$1,758,292$888,103$710,254$1,749,057
62$1,888,542$882,524$684,951$1,864,622
63$2,030,530$875,125$657,255$1,990,421
64$2,185,406$865,768$627,035$2,127,467
65$2,354,434$854,307$594,157$2,276,877
66$2,539,006$840,588$558,480$2,439,879
67$2,740,653$824,445$519,857$2,617,828
68$2,961,062$805,705$478,135$2,812,218
69$3,202,089$784,184$433,152$3,024,692
70$3,465,781$759,687$384,741$3,257,064
71$3,754,386$732,008$332,726$3,511,332
72$4,070,385$700,928$276,924$3,789,696
73$4,416,507$666,216$217,143$4,094,582
74$4,795,758$627,628$153,185$4,428,664
75$5,211,449$584,905$84,840$4,794,888
76$5,667,226$537,774$11,891$5,196,502
77$6,167,105$485,947$0$5,637,083
78$6,715,508$429,117$0$6,124,800
79$7,317,309$366,963$0$6,660,862
80$7,977,873$299,143$0$7,249,314
81$8,703,112$225,296$0$7,895,453
82$9,499,537$145,044$0$8,605,115
83$10,374,322$57,983$0$9,384,731
84$11,335,369$0$0$10,241,390
85$12,391,383$0$0$11,187,695
86$13,551,954$0$0$12,236,129
87$14,827,648$0$0$13,388,583
88$16,230,105$0$0$14,655,576
89$17,772,148$0$0$16,048,694
90$19,467,907$0$0$17,580,705
91$21,332,948$0$0$19,265,676
92$23,384,421$0$0$21,119,103
93$25,641,223$0$0$23,158,062
94$28,124,175$0$0$25,401,366
95$30,856,214$0$0$27,869,744
96$33,862,619$0$0$30,586,037
97$37,171,237$0$0$33,575,409
98$40,812,755$0$0$36,865,589
99$44,820,985$0$0$40,487,131
100$49,233,182$0$0$44,473,699