Can I retire at age 51 with 836,000?

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 $836,000?

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$69,036$68,421$67,821$67,236$66,664$66,188
2 years$34,176$33,540$32,923$32,325$31,745$31,265
3 years$22,558$21,919$21,303$20,711$20,140$19,671
4 years$16,750$16,113$15,503$14,921$14,364$13,910
5 years$13,266$12,632$12,031$11,461$10,919$10,481
6 years$10,944$10,315$9,723$9,165$8,640$8,218
7 years$9,286$8,663$8,080$7,535$7,027$6,621
8 years$8,043$7,426$6,852$6,321$5,829$5,441
9 years$7,077$6,465$5,902$5,384$4,909$4,537
10 years$6,305$5,699$5,145$4,641$4,183$3,827
11 years$5,673$5,073$4,530$4,039$3,597$3,257
12 years$5,147$4,554$4,020$3,543$3,117$2,793
13 years$4,703$4,115$3,592$3,128$2,718$2,409
14 years$4,322$3,741$3,227$2,777$2,383$2,089
15 years$3,992$3,417$2,914$2,476$2,098$1,819
16 years$3,704$3,135$2,642$2,217$1,854$1,589
17 years$3,450$2,887$2,404$1,992$1,644$1,393
18 years$3,224$2,668$2,194$1,795$1,462$1,224
19 years$3,023$2,473$2,009$1,622$1,303$1,078
20 years$2,841$2,298$1,844$1,469$1,164$951
21 years$2,678$2,140$1,696$1,333$1,042$841
22 years$2,529$1,998$1,563$1,212$934$744
23 years$2,393$1,869$1,443$1,104$838$660
24 years$2,269$1,751$1,335$1,007$753$585
25 years$2,155$1,643$1,236$920$678$520
26 years$2,050$1,544$1,146$841$611$462
27 years$1,953$1,453$1,065$770$550$411
28 years$1,863$1,369$990$705$497$366
29 years$1,780$1,292$921$647$449$326
30 years$1,702$1,220$858$594$405$291
31 years$1,629$1,153$800$545$366$259
32 years$1,561$1,091$746$501$331$231
33 years$1,497$1,033$697$461$300$206
34 years$1,437$979$651$424$272$184
35 years$1,381$929$609$390$246$165
36 years$1,328$882$569$359$223$147
37 years$1,278$837$533$331$202$131
38 years$1,230$796$499$305$183$117
39 years$1,185$757$468$281$166$105
40 years$1,143$720$438$260$151$94
41 years$1,103$685$411$239$137$84
42 years$1,064$653$385$221$124$75
43 years$1,028$622$362$204$113$67
44 years$993$593$340$188$102$60
45 years$960$565$319$174$93$54
46 years$929$539$299$161$84$48
47 years$899$515$281$148$76$43
48 years$870$491$264$137$69$38
49 years$843$469$248$127$63$34
50 years$816$448$234$117$57$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $836,000, adding $2,049 every year, while hoping to spend $58,275 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: 54/25/21 Blend
50$836,000$836,000$836,000$836,000
51$923,386$879,078$866,120$967,847
52$955,567$860,148$833,130$979,642
53$989,077$838,338$797,083$986,185
54$1,023,991$813,445$757,813$992,061
55$1,060,388$785,254$715,150$997,222
56$1,098,354$753,537$668,914$1,001,621
57$1,137,982$718,056$618,918$1,005,211
58$1,179,370$678,555$564,966$1,007,942
59$1,222,628$634,766$506,854$1,009,763
60$1,267,871$586,405$444,369$1,010,623
61$1,315,226$533,171$377,288$1,010,469
62$1,364,829$474,747$305,377$1,009,250
63$1,416,829$410,796$228,394$1,006,913
64$1,471,385$340,965$146,085$1,003,405
65$1,528,672$264,878$58,184$998,675
66$1,588,879$182,139$0$992,671
67$1,652,213$92,332$0$993,327
68$1,718,896$0$0$1,007,043
69$1,789,173$0$0$1,022,164
70$1,863,309$0$0$1,064,941
71$1,941,594$0$0$1,110,145
72$2,024,343$0$0$1,157,961
73$2,111,900$0$0$1,208,594
74$2,204,643$0$0$1,262,267
75$2,302,981$0$0$1,319,221
76$2,407,363$0$0$1,379,723
77$2,518,281$0$0$1,444,063
78$2,636,272$0$0$1,512,560
79$2,761,923$0$0$1,585,561
80$2,895,878$0$0$1,663,448
81$3,038,843$0$0$1,746,639
82$3,191,588$0$0$1,835,590
83$3,354,962$0$0$1,930,805
84$3,529,891$0$0$2,032,834
85$3,717,393$0$0$2,142,279
86$3,918,586$0$0$2,259,804
87$4,134,694$0$0$2,386,135
88$4,367,062$0$0$2,522,071
89$4,617,166$0$0$2,668,488
90$4,886,628$0$0$2,826,348
91$5,177,228$0$0$2,996,708
92$5,490,923$0$0$3,180,730
93$5,829,861$0$0$3,379,691
94$6,196,405$0$0$3,594,994
95$6,593,151$0$0$3,828,180
96$7,022,954$0$0$4,080,946
97$7,488,952$0$0$4,355,157
98$7,994,596$0$0$4,652,862
99$8,543,681$0$0$4,976,318
100$9,140,383$0$0$5,328,006