Can I retire at age 51 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$68,293$67,685$67,091$66,512$65,946$65,176
2 years$33,808$33,179$32,568$31,977$31,403$30,628
3 years$22,315$21,683$21,074$20,488$19,923$19,167
4 years$16,569$15,939$15,336$14,760$14,209$13,478
5 years$13,123$12,496$11,902$11,337$10,802$10,098
6 years$10,826$10,204$9,618$9,067$8,547$7,871
7 years$9,186$8,570$7,993$7,454$6,951$6,303
8 years$7,957$7,346$6,779$6,253$5,767$5,146
9 years$7,001$6,396$5,838$5,326$4,856$4,264
10 years$6,237$5,638$5,090$4,591$4,138$3,573
11 years$5,612$5,019$4,481$3,996$3,559$3,021
12 years$5,092$4,505$3,977$3,505$3,084$2,572
13 years$4,652$4,071$3,553$3,094$2,689$2,203
14 years$4,275$3,700$3,193$2,747$2,357$1,896
15 years$3,949$3,380$2,882$2,450$2,076$1,639
16 years$3,664$3,101$2,613$2,193$1,834$1,421
17 years$3,413$2,856$2,378$1,971$1,627$1,236
18 years$3,189$2,639$2,171$1,776$1,446$1,078
19 years$2,990$2,446$1,987$1,605$1,289$942
20 years$2,811$2,273$1,824$1,453$1,151$824
21 years$2,649$2,117$1,678$1,319$1,030$723
22 years$2,502$1,976$1,546$1,199$924$634
23 years$2,368$1,848$1,428$1,092$829$558
24 years$2,245$1,732$1,320$996$745$491
25 years$2,132$1,625$1,223$910$671$432
26 years$2,028$1,527$1,134$832$604$381
27 years$1,932$1,438$1,053$761$545$336
28 years$1,843$1,355$979$698$491$296
29 years$1,760$1,278$911$640$444$262
30 years$1,683$1,207$849$587$401$231
31 years$1,611$1,141$791$539$362$204
32 years$1,544$1,079$738$496$328$181
33 years$1,481$1,022$689$456$297$160
34 years$1,422$969$644$419$269$141
35 years$1,366$919$602$386$243$125
36 years$1,313$872$563$355$220$111
37 years$1,264$828$527$328$200$98
38 years$1,217$787$494$302$181$87
39 years$1,173$749$463$278$164$77
40 years$1,131$712$434$257$149$68
41 years$1,091$678$406$237$135$60
42 years$1,053$646$381$219$123$53
43 years$1,017$615$358$202$111$47
44 years$983$586$336$186$101$42
45 years$950$559$315$172$92$37
46 years$919$533$296$159$83$33
47 years$889$509$278$147$76$29
48 years$861$486$261$136$69$26
49 years$833$464$246$125$62$23
50 years$807$443$231$116$57$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $827,000, adding $5,537 every year, while hoping to spend $31,763 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: 36/44/20 Blend
50$827,000$827,000$827,000$827,000
51$917,065$873,234$860,416$944,345
52$976,811$882,227$855,444$973,737
53$1,041,585$890,596$849,241$1,002,085
54$1,111,868$898,277$841,733$1,032,032
55$1,188,188$905,202$832,840$1,063,741
56$1,271,124$911,298$822,481$1,097,392
57$1,361,314$916,487$810,569$1,133,183
58$1,459,461$920,687$797,016$1,171,338
59$1,566,336$923,811$781,726$1,212,102
60$1,682,789$925,765$764,601$1,255,750
61$1,809,757$926,450$745,539$1,302,585
62$1,948,268$925,762$724,430$1,352,946
63$2,099,456$923,589$701,162$1,407,207
64$2,264,567$919,811$675,618$1,465,784
65$2,444,975$914,304$647,674$1,529,137
66$2,642,191$906,934$617,200$1,597,780
67$2,857,880$897,560$584,061$1,672,278
68$3,093,875$886,030$548,118$1,753,261
69$3,352,192$872,188$509,222$1,841,425
70$3,635,053$855,863$467,219$1,937,543
71$3,944,907$836,878$421,949$2,042,469
72$4,284,446$815,044$373,243$2,157,150
73$4,656,639$790,161$320,926$2,282,636
74$5,064,753$762,016$264,814$2,420,087
75$5,512,389$730,386$204,717$2,570,789
76$6,003,512$695,034$140,433$2,736,163
77$6,542,488$655,708$71,756$2,917,785
78$7,134,128$612,144$0$3,117,394
79$7,783,731$564,061$0$3,337,245
80$8,497,134$511,163$0$3,595,501
81$9,280,767$453,135$0$3,879,242
82$10,141,714$389,647$0$4,191,122
83$11,087,778$320,349$0$4,534,077
84$12,127,556$244,872$0$4,911,346
85$13,270,520$162,823$0$5,326,505
86$14,527,104$73,792$0$5,783,504
87$15,908,803$0$0$6,286,702
88$17,428,284$0$0$6,851,880
89$19,099,500$0$0$7,512,923
90$20,937,827$0$0$8,240,201
91$22,960,204$0$0$9,040,431
92$25,185,294$0$0$9,921,017
93$27,633,663$0$0$10,890,113
94$30,327,969$0$0$11,956,708
95$33,293,178$0$0$13,130,703
96$36,556,799$0$0$14,423,009
97$40,149,142$0$0$15,845,650
98$44,103,605$0$0$17,411,871
99$48,456,991$0$0$19,136,272
100$53,249,848$0$0$21,034,935