Can I retire at age 51 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$68,210$67,603$67,010$66,431$65,866$64,118
2 years$33,767$33,139$32,529$31,938$31,365$29,616
3 years$22,288$21,656$21,048$20,463$19,899$18,204
4 years$16,549$15,920$15,318$14,743$14,192$12,564
5 years$13,107$12,481$11,887$11,324$10,789$9,232
6 years$10,813$10,192$9,607$9,056$8,537$7,053
7 years$9,175$8,559$7,983$7,445$6,943$5,531
8 years$7,947$7,337$6,770$6,246$5,760$4,421
9 years$6,993$6,388$5,831$5,320$4,850$3,583
10 years$6,229$5,631$5,084$4,586$4,133$2,934
11 years$5,605$5,013$4,476$3,991$3,554$2,424
12 years$5,086$4,499$3,972$3,501$3,080$2,015
13 years$4,646$4,066$3,549$3,091$2,686$1,684
14 years$4,270$3,696$3,189$2,743$2,354$1,414
15 years$3,944$3,376$2,879$2,447$2,073$1,191
16 years$3,659$3,098$2,610$2,191$1,832$1,006
17 years$3,408$2,853$2,375$1,968$1,625$852
18 years$3,186$2,636$2,168$1,774$1,444$723
19 years$2,986$2,443$1,985$1,603$1,287$615
20 years$2,807$2,270$1,822$1,452$1,150$524
21 years$2,646$2,115$1,676$1,317$1,029$446
22 years$2,499$1,974$1,544$1,198$922$381
23 years$2,365$1,846$1,426$1,091$828$325
24 years$2,242$1,730$1,319$995$744$278
25 years$2,130$1,623$1,221$909$670$238
26 years$2,026$1,526$1,133$831$603$203
27 years$1,930$1,436$1,052$761$544$174
28 years$1,841$1,353$978$697$491$149
29 years$1,758$1,276$910$639$443$128
30 years$1,681$1,205$848$586$400$109
31 years$1,610$1,139$790$539$362$94
32 years$1,542$1,078$737$495$327$80
33 years$1,479$1,021$688$455$296$69
34 years$1,420$968$643$419$268$59
35 years$1,364$918$601$386$243$51
36 years$1,312$871$563$355$220$44
37 years$1,262$827$527$327$200$37
38 years$1,216$786$493$302$181$32
39 years$1,171$748$462$278$164$27
40 years$1,129$711$433$256$149$24
41 years$1,089$677$406$237$135$20
42 years$1,052$645$381$218$123$17
43 years$1,016$615$357$202$111$15
44 years$981$586$335$186$101$13
45 years$949$559$315$172$92$11
46 years$918$533$296$159$83$9
47 years$888$508$278$147$76$8
48 years$860$485$261$136$69$7
49 years$832$464$245$125$62$6
50 years$806$443$231$116$57$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $826,000, adding $5,163 every year, while hoping to spend $55,297 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: 22/48/30 Blend
50$826,000$826,000$826,000$826,000
51$915,578$871,800$858,997$926,975
52$950,131$855,682$828,937$921,510
53$986,355$836,922$796,018$910,743
54$1,024,363$815,330$760,084$898,052
55$1,064,276$790,709$720,974$883,316
56$1,106,225$762,847$678,520$866,408
57$1,150,355$731,522$632,546$847,197
58$1,196,823$696,498$582,868$825,546
59$1,245,798$657,525$529,292$801,310
60$1,297,465$614,340$471,620$774,339
61$1,352,027$566,663$409,640$744,477
62$1,409,705$514,201$343,134$711,561
63$1,470,738$456,640$271,872$675,422
64$1,535,390$393,652$195,617$635,884
65$1,603,948$324,889$114,118$592,763
66$1,676,725$249,983$27,115$545,871
67$1,754,064$168,545$0$495,009
68$1,836,341$80,166$0$461,018
69$1,923,965$0$0$433,274
70$2,017,388$0$0$411,202
71$2,117,101$0$0$432,922
72$2,223,643$0$0$456,222
73$2,337,607$0$0$481,240
74$2,459,640$0$0$508,133
75$2,590,454$0$0$537,070
76$2,730,828$0$0$568,237
77$2,881,620$0$0$601,839
78$3,043,768$0$0$638,102
79$3,218,304$0$0$677,272
80$3,406,361$0$0$719,621
81$3,609,184$0$0$765,447
82$3,828,138$0$0$815,079
83$4,064,727$0$0$868,878
84$4,320,600$0$0$927,240
85$4,597,573$0$0$990,601
86$4,897,639$0$0$1,059,442
87$5,222,992$0$0$1,134,291
88$5,576,044$0$0$1,215,727
89$5,959,446$0$0$1,304,392
90$6,376,117$0$0$1,400,986
91$6,829,266$0$0$1,506,285
92$7,322,424$0$0$1,621,140
93$7,859,476$0$0$1,746,489
94$8,444,698$0$0$1,883,362
95$9,082,794$0$0$2,032,897
96$9,778,943$0$0$2,196,344
97$10,538,844$0$0$2,375,079
98$11,368,773$0$0$2,570,618
99$12,275,637$0$0$2,784,631
100$13,267,038$0$0$3,018,955