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%17%
1 years$68,210$67,603$67,010$66,431$65,866$63,989
2 years$33,767$33,139$32,529$31,938$31,365$29,488
3 years$22,288$21,656$21,048$20,463$19,899$18,082
4 years$16,549$15,920$15,318$14,743$14,192$12,448
5 years$13,107$12,481$11,887$11,324$10,789$9,122
6 years$10,813$10,192$9,607$9,056$8,537$6,950
7 years$9,175$8,559$7,983$7,445$6,943$5,436
8 years$7,947$7,337$6,770$6,246$5,760$4,331
9 years$6,993$6,388$5,831$5,320$4,850$3,500
10 years$6,229$5,631$5,084$4,586$4,133$2,858
11 years$5,605$5,013$4,476$3,991$3,554$2,353
12 years$5,086$4,499$3,972$3,501$3,080$1,949
13 years$4,646$4,066$3,549$3,091$2,686$1,624
14 years$4,270$3,696$3,189$2,743$2,354$1,358
15 years$3,944$3,376$2,879$2,447$2,073$1,140
16 years$3,659$3,098$2,610$2,191$1,832$960
17 years$3,408$2,853$2,375$1,968$1,625$810
18 years$3,186$2,636$2,168$1,774$1,444$685
19 years$2,986$2,443$1,985$1,603$1,287$580
20 years$2,807$2,270$1,822$1,452$1,150$492
21 years$2,646$2,115$1,676$1,317$1,029$418
22 years$2,499$1,974$1,544$1,198$922$355
23 years$2,365$1,846$1,426$1,091$828$302
24 years$2,242$1,730$1,319$995$744$257
25 years$2,130$1,623$1,221$909$670$219
26 years$2,026$1,526$1,133$831$603$187
27 years$1,930$1,436$1,052$761$544$159
28 years$1,841$1,353$978$697$491$136
29 years$1,758$1,276$910$639$443$116
30 years$1,681$1,205$848$586$400$99
31 years$1,610$1,139$790$539$362$84
32 years$1,542$1,078$737$495$327$72
33 years$1,479$1,021$688$455$296$61
34 years$1,420$968$643$419$268$53
35 years$1,364$918$601$386$243$45
36 years$1,312$871$563$355$220$38
37 years$1,262$827$527$327$200$33
38 years$1,216$786$493$302$181$28
39 years$1,171$748$462$278$164$24
40 years$1,129$711$433$256$149$20
41 years$1,089$677$406$237$135$17
42 years$1,052$645$381$218$123$15
43 years$1,016$615$357$202$111$13
44 years$981$586$335$186$101$11
45 years$949$559$315$172$92$9
46 years$918$533$296$159$83$8
47 years$888$508$278$147$76$7
48 years$860$485$261$136$69$6
49 years$832$464$245$125$62$5
50 years$806$443$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $826,000, adding $3,153 every year, while hoping to spend $44,780 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: 55/36/9 Blend
50$826,000$826,000$826,000$826,000
51$913,504$869,726$856,923$961,576
52$959,036$864,697$837,985$989,418
53$1,007,711$857,921$816,911$1,014,516
54$1,059,804$849,265$793,583$1,040,769
55$1,115,612$838,587$767,876$1,068,294
56$1,175,466$825,739$739,662$1,097,222
57$1,239,726$810,563$708,803$1,127,699
58$1,308,788$792,890$675,157$1,159,888
59$1,383,086$772,544$638,577$1,193,973
60$1,463,098$749,336$598,907$1,230,157
61$1,549,348$723,067$555,984$1,268,668
62$1,642,411$693,527$509,639$1,309,760
63$1,742,920$660,493$459,695$1,353,715
64$1,851,570$623,729$405,967$1,400,849
65$1,969,125$582,987$348,261$1,451,512
66$2,096,424$538,002$286,377$1,506,096
67$2,234,391$488,495$220,102$1,565,035
68$2,384,040$434,173$149,217$1,628,814
69$2,546,489$374,724$73,492$1,697,969
70$2,722,964$309,820$0$1,773,100
71$2,914,818$239,112$0$1,855,573
72$3,123,534$162,233$0$1,953,000
73$3,350,750$78,798$0$2,059,161
74$3,598,262$0$0$2,174,991
75$3,868,052$0$0$2,306,126
76$4,162,297$0$0$2,483,261
77$4,483,396$0$0$2,676,635
78$4,833,988$0$0$2,887,845
79$5,216,979$0$0$3,118,652
80$5,635,567$0$0$3,370,993
81$6,093,275$0$0$3,647,001
82$6,593,980$0$0$3,949,025
83$7,141,952$0$0$4,279,651
84$7,741,891$0$0$4,641,728
85$8,398,975$0$0$5,038,392
86$9,118,905$0$0$5,473,096
87$9,907,960$0$0$5,949,646
88$10,773,054$0$0$6,472,229
89$11,721,805$0$0$7,045,461
90$12,762,599$0$0$7,674,424
91$13,904,678$0$0$8,364,717
92$15,158,218$0$0$9,122,506
93$16,534,430$0$0$9,954,584
94$18,045,662$0$0$10,868,433
95$19,705,519$0$0$11,872,298
96$21,528,987$0$0$12,975,258
97$23,532,573$0$0$14,187,318
98$25,734,465$0$0$15,519,498
99$28,154,700$0$0$16,983,940
100$30,815,352$0$0$18,594,021