Can I retire at age 51 with 827,000?

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 $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%16.6%
1 years$68,293$67,685$67,091$66,512$65,946$64,170
2 years$33,808$33,179$32,568$31,977$31,403$29,626
3 years$22,315$21,683$21,074$20,488$19,923$18,201
4 years$16,569$15,939$15,336$14,760$14,209$12,556
5 years$13,123$12,496$11,902$11,337$10,802$9,221
6 years$10,826$10,204$9,618$9,067$8,547$7,040
7 years$9,186$8,570$7,993$7,454$6,951$5,519
8 years$7,957$7,346$6,779$6,253$5,767$4,408
9 years$7,001$6,396$5,838$5,326$4,856$3,570
10 years$6,237$5,638$5,090$4,591$4,138$2,922
11 years$5,612$5,019$4,481$3,996$3,559$2,412
12 years$5,092$4,505$3,977$3,505$3,084$2,004
13 years$4,652$4,071$3,553$3,094$2,689$1,674
14 years$4,275$3,700$3,193$2,747$2,357$1,404
15 years$3,949$3,380$2,882$2,450$2,076$1,182
16 years$3,664$3,101$2,613$2,193$1,834$998
17 years$3,413$2,856$2,378$1,971$1,627$845
18 years$3,189$2,639$2,171$1,776$1,446$716
19 years$2,990$2,446$1,987$1,605$1,289$609
20 years$2,811$2,273$1,824$1,453$1,151$518
21 years$2,649$2,117$1,678$1,319$1,030$441
22 years$2,502$1,976$1,546$1,199$924$376
23 years$2,368$1,848$1,428$1,092$829$321
24 years$2,245$1,732$1,320$996$745$274
25 years$2,132$1,625$1,223$910$671$234
26 years$2,028$1,527$1,134$832$604$200
27 years$1,932$1,438$1,053$761$545$171
28 years$1,843$1,355$979$698$491$146
29 years$1,760$1,278$911$640$444$125
30 years$1,683$1,207$849$587$401$107
31 years$1,611$1,141$791$539$362$92
32 years$1,544$1,079$738$496$328$79
33 years$1,481$1,022$689$456$297$67
34 years$1,422$969$644$419$269$58
35 years$1,366$919$602$386$243$50
36 years$1,313$872$563$355$220$42
37 years$1,264$828$527$328$200$36
38 years$1,217$787$494$302$181$31
39 years$1,173$749$463$278$164$27
40 years$1,131$712$434$257$149$23
41 years$1,091$678$406$237$135$20
42 years$1,053$646$381$219$123$17
43 years$1,017$615$358$202$111$14
44 years$983$586$336$186$101$12
45 years$950$559$315$172$92$11
46 years$919$533$296$159$83$9
47 years$889$509$278$147$76$8
48 years$861$486$261$136$69$7
49 years$833$464$246$125$62$6
50 years$807$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 $827,000, adding $2,804 every year, while hoping to spend $39,432 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: 45/29/26 Blend
50$827,000$827,000$827,000$827,000
51$914,246$870,415$857,597$948,410
52$965,544$871,110$844,371$973,592
53$1,020,753$870,518$829,380$996,853
54$1,080,229$868,533$812,525$1,021,308
55$1,144,366$865,045$793,698$1,047,090
56$1,213,595$859,935$772,790$1,074,348
57$1,288,389$853,079$749,685$1,103,247
58$1,369,268$844,344$724,264$1,133,973
59$1,456,805$833,589$696,398$1,166,732
60$1,551,629$820,664$665,958$1,201,757
61$1,654,432$805,413$632,803$1,239,305
62$1,765,973$787,667$596,791$1,279,663
63$1,887,089$767,250$557,771$1,323,152
64$2,018,700$743,973$515,584$1,370,129
65$2,161,818$717,638$470,066$1,420,991
66$2,317,556$688,035$421,046$1,476,179
67$2,487,139$654,941$368,344$1,536,187
68$2,671,915$618,121$311,771$1,601,560
69$2,873,367$577,326$251,133$1,672,905
70$3,093,129$532,293$186,224$1,750,898
71$3,332,997$482,744$116,831$1,836,287
72$3,594,948$428,385$42,731$1,929,905
73$3,881,162$368,904$0$2,032,674
74$4,194,034$303,974$0$2,155,701
75$4,536,205$233,248$0$2,303,346
76$4,910,580$156,360$0$2,465,069
77$5,320,359$72,921$0$2,642,339
78$5,769,066$0$0$2,836,780
79$6,260,581$0$0$3,055,760
80$6,799,177$0$0$3,321,311
81$7,389,561$0$0$3,612,494
82$8,036,915$0$0$3,931,880
83$8,746,949$0$0$4,282,296
84$9,525,949$0$0$4,666,860
85$10,380,841$0$0$5,089,004
86$11,319,256$0$0$5,552,509
87$12,349,594$0$0$6,061,542
88$13,481,114$0$0$6,620,690
89$14,724,013$0$0$7,235,009
90$16,089,524$0$0$7,910,067
91$17,590,022$0$0$8,651,999
92$19,239,142$0$0$9,467,564
93$21,051,902$0$0$10,364,208
94$23,044,850$0$0$11,350,135
95$25,236,217$0$0$12,434,383
96$27,646,088$0$0$13,626,910
97$30,296,593$0$0$14,938,688
98$33,212,114$0$0$16,381,805
99$36,419,514$0$0$17,969,580
100$39,948,391$0$0$19,716,688