Can I retire at age 51 with 828,000?

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 $828,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$68,375$67,766$67,172$66,592$66,026$65,555
2 years$33,849$33,219$32,608$32,015$31,441$30,966
3 years$22,342$21,709$21,099$20,513$19,947$19,483
4 years$16,590$15,958$15,355$14,778$14,227$13,777
5 years$13,139$12,512$11,916$11,351$10,815$10,381
6 years$10,839$10,217$9,630$9,078$8,557$8,139
7 years$9,197$8,580$8,003$7,463$6,959$6,558
8 years$7,966$7,355$6,787$6,261$5,774$5,388
9 years$7,010$6,403$5,845$5,333$4,862$4,493
10 years$6,244$5,644$5,096$4,597$4,143$3,790
11 years$5,619$5,025$4,487$4,001$3,563$3,226
12 years$5,098$4,510$3,982$3,509$3,088$2,766
13 years$4,658$4,076$3,557$3,098$2,692$2,386
14 years$4,280$3,705$3,196$2,750$2,360$2,069
15 years$3,954$3,384$2,886$2,453$2,078$1,801
16 years$3,668$3,105$2,617$2,196$1,837$1,574
17 years$3,417$2,860$2,381$1,973$1,628$1,379
18 years$3,193$2,642$2,173$1,778$1,448$1,212
19 years$2,994$2,449$1,990$1,607$1,291$1,068
20 years$2,814$2,276$1,826$1,455$1,153$942
21 years$2,652$2,120$1,680$1,321$1,032$833
22 years$2,505$1,979$1,548$1,201$925$737
23 years$2,370$1,851$1,429$1,094$830$653
24 years$2,248$1,734$1,322$997$746$580
25 years$2,135$1,627$1,224$911$671$515
26 years$2,031$1,529$1,136$833$605$458
27 years$1,935$1,439$1,054$762$545$407
28 years$1,845$1,356$980$698$492$363
29 years$1,763$1,279$912$641$444$323
30 years$1,685$1,208$850$588$401$288
31 years$1,613$1,142$792$540$363$257
32 years$1,546$1,081$739$496$328$229
33 years$1,483$1,024$690$456$297$204
34 years$1,423$970$645$420$269$182
35 years$1,368$920$603$386$244$163
36 years$1,315$873$564$356$221$146
37 years$1,265$829$528$328$200$130
38 years$1,218$788$494$302$181$116
39 years$1,174$750$463$279$164$104
40 years$1,132$713$434$257$149$93
41 years$1,092$679$407$237$135$83
42 years$1,054$647$382$219$123$74
43 years$1,018$616$358$202$111$66
44 years$984$587$336$187$101$59
45 years$951$560$316$172$92$53
46 years$920$534$297$159$83$48
47 years$890$510$279$147$76$43
48 years$862$487$262$136$69$38
49 years$834$465$246$126$62$34
50 years$808$444$231$116$57$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $828,000, adding $3,191 every year, while hoping to spend $25,093 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: 67/8/25 Blend
50$828,000$828,000$828,000$828,000
51$915,748$871,864$859,030$970,986
52$982,455$887,886$861,108$1,024,539
53$1,055,126$903,853$862,416$1,079,940
54$1,134,341$919,734$862,899$1,139,956
55$1,220,742$935,499$862,504$1,205,042
56$1,315,032$951,113$861,173$1,275,701
57$1,417,989$966,541$858,845$1,352,488
58$1,530,464$981,742$855,457$1,436,013
59$1,653,399$996,675$850,943$1,526,949
60$1,787,829$1,011,295$845,232$1,626,039
61$1,934,892$1,025,553$838,252$1,734,102
62$2,095,844$1,039,399$829,927$1,852,040
63$2,272,067$1,052,775$820,176$1,980,848
64$2,465,081$1,065,625$808,915$2,121,622
65$2,676,562$1,077,883$796,057$2,275,572
66$2,908,356$1,089,484$781,509$2,444,031
67$3,162,495$1,100,355$765,176$2,628,468
68$3,441,216$1,110,420$746,956$2,830,505
69$3,746,986$1,119,596$726,745$3,051,926
70$4,082,519$1,127,797$704,432$3,294,702
71$4,450,807$1,134,930$679,901$3,561,003
72$4,855,144$1,140,897$653,033$3,853,222
73$5,299,160$1,145,592$623,701$4,173,998
74$5,786,853$1,148,904$591,773$4,526,239
75$6,322,626$1,150,714$557,111$4,913,153
76$6,911,332$1,150,897$519,573$5,338,272
77$7,558,315$1,149,319$479,006$5,805,495
78$8,269,465$1,145,837$435,254$6,319,116
79$9,051,268$1,140,300$388,153$6,883,870
80$9,910,872$1,132,550$337,530$7,504,976
81$10,856,151$1,122,415$283,208$8,188,190
82$11,895,782$1,109,717$224,999$8,939,852
83$13,039,322$1,094,264$162,707$9,766,954
84$14,297,304$1,075,854$96,129$10,677,203
85$15,681,332$1,054,273$25,052$11,679,093
86$17,204,189$1,029,294$0$12,781,987
87$18,879,964$1,000,677$0$14,009,759
88$20,724,178$968,168$0$15,368,245
89$22,753,934$931,498$0$16,863,361
90$24,988,074$890,380$0$18,508,995
91$27,447,364$844,516$0$20,320,452
92$30,154,683$793,584$0$22,314,599
93$33,135,241$737,250$0$24,510,019
94$36,416,815$675,155$0$26,927,193
95$40,030,017$606,924$0$29,588,688
96$44,008,573$532,158$0$32,519,374
97$48,389,651$450,437$0$35,746,656
98$53,214,203$361,316$0$39,300,733
99$58,527,356$264,325$0$43,214,885
100$64,378,839$158,969$0$47,525,784