Can I retire at age 51 with 831,000?

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 $831,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$68,623$68,012$67,416$66,833$66,265$63,863
2 years$33,972$33,339$32,726$32,131$31,555$29,161
3 years$22,423$21,788$21,176$20,587$20,020$17,710
4 years$16,650$16,016$15,411$14,832$14,278$12,070
5 years$13,187$12,557$11,959$11,392$10,854$8,752
6 years$10,879$10,254$9,665$9,110$8,588$6,595
7 years$9,231$8,611$8,032$7,490$6,985$5,100
8 years$7,995$7,381$6,811$6,283$5,794$4,016
9 years$7,035$6,427$5,867$5,352$4,880$3,205
10 years$6,267$5,665$5,115$4,613$4,158$2,585
11 years$5,639$5,043$4,503$4,015$3,576$2,101
12 years$5,117$4,526$3,996$3,522$3,099$1,718
13 years$4,674$4,090$3,570$3,109$2,702$1,412
14 years$4,296$3,718$3,208$2,760$2,369$1,165
15 years$3,968$3,397$2,896$2,461$2,086$964
16 years$3,682$3,116$2,626$2,204$1,843$800
17 years$3,429$2,870$2,390$1,980$1,634$665
18 years$3,205$2,652$2,181$1,785$1,453$554
19 years$3,004$2,458$1,997$1,613$1,295$462
20 years$2,824$2,284$1,833$1,460$1,157$386
21 years$2,662$2,127$1,686$1,325$1,035$323
22 years$2,514$1,986$1,554$1,205$928$270
23 years$2,379$1,857$1,435$1,098$833$226
24 years$2,256$1,740$1,327$1,001$749$189
25 years$2,142$1,633$1,229$914$674$159
26 years$2,038$1,535$1,140$836$607$133
27 years$1,942$1,444$1,058$765$547$112
28 years$1,852$1,361$984$701$494$94
29 years$1,769$1,284$915$643$446$79
30 years$1,692$1,213$853$590$403$66
31 years$1,619$1,146$795$542$364$55
32 years$1,552$1,085$742$498$329$47
33 years$1,488$1,027$693$458$298$39
34 years$1,429$974$647$421$270$33
35 years$1,373$923$605$388$244$28
36 years$1,320$876$566$357$222$23
37 years$1,270$832$530$329$201$19
38 years$1,223$791$496$303$182$16
39 years$1,178$752$465$280$165$14
40 years$1,136$716$436$258$150$12
41 years$1,096$681$408$238$136$10
42 years$1,058$649$383$220$123$8
43 years$1,022$618$360$203$112$7
44 years$987$589$337$187$102$6
45 years$955$562$317$173$92$5
46 years$923$536$298$160$84$4
47 years$893$512$280$148$76$3
48 years$865$488$263$136$69$3
49 years$837$466$247$126$63$2
50 years$811$445$232$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $831,000, adding $5,081 every year, while hoping to spend $24,600 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: 54/19/27 Blend
50$831,000$831,000$831,000$831,000
51$921,003$876,960$864,080$963,590
52$988,771$893,757$866,852$1,010,345
53$1,062,627$910,552$868,893$1,058,273
54$1,143,166$927,320$870,152$1,109,956
55$1,231,042$944,032$870,575$1,165,763
56$1,326,977$960,659$870,108$1,226,102
57$1,431,765$977,166$868,692$1,291,422
58$1,546,277$993,520$866,266$1,362,219
59$1,671,477$1,009,682$862,765$1,439,041
60$1,808,422$1,025,611$858,123$1,522,489
61$1,958,280$1,041,265$852,268$1,613,230
62$2,122,333$1,056,595$845,128$1,711,997
63$2,301,995$1,071,552$836,624$1,819,601
64$2,498,823$1,086,083$826,675$1,936,935
65$2,714,531$1,100,129$815,197$2,064,983
66$2,951,007$1,113,630$802,100$2,204,832
67$3,210,332$1,126,519$787,292$2,357,681
68$3,494,794$1,138,727$770,675$2,524,852
69$3,806,917$1,150,179$752,147$2,707,802
70$4,149,480$1,160,796$731,601$2,908,140
71$4,525,544$1,170,491$708,927$3,127,639
72$4,938,480$1,179,176$684,006$3,368,255
73$5,392,002$1,186,752$656,718$3,632,145
74$5,890,202$1,193,119$626,934$3,921,688
75$6,437,588$1,198,167$594,520$4,239,507
76$7,039,124$1,201,779$559,339$4,588,495
77$7,700,281$1,203,833$521,243$4,971,843
78$8,427,086$1,204,197$480,081$5,393,068
79$9,226,178$1,202,732$435,694$5,856,049
80$10,104,873$1,199,291$387,914$6,365,064
81$11,071,230$1,193,716$336,569$6,924,830
82$12,134,128$1,185,841$281,478$7,540,546
83$13,303,352$1,175,490$222,450$8,217,946
84$14,589,680$1,162,475$159,288$8,963,354
85$16,004,990$1,146,599$91,786$9,783,739
86$17,562,366$1,127,649$19,729$10,686,787
87$19,276,229$1,105,405$0$11,680,971
88$21,162,464$1,079,630$0$12,792,103
89$23,238,576$1,050,073$0$14,021,148
90$25,523,855$1,016,471$0$15,373,840
91$28,039,553$978,543$0$16,862,772
92$30,809,089$935,992$0$18,501,818
93$33,858,267$888,507$0$20,306,272
94$37,215,520$835,753$0$22,292,987
95$40,912,180$777,382$0$24,480,538
96$44,982,770$713,022$0$26,889,394
97$49,465,334$642,281$0$29,542,115
98$54,401,790$564,745$0$32,463,563
99$59,838,331$479,975$0$35,681,139
100$65,825,857$387,511$0$39,225,038