Can I retire at age 51 with 836,000?

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 $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%17.9%
1 years$69,036$68,421$67,821$67,236$66,664$64,530
2 years$34,176$33,540$32,923$32,325$31,745$29,614
3 years$22,558$21,919$21,303$20,711$20,140$18,080
4 years$16,750$16,113$15,503$14,921$14,364$12,391
5 years$13,266$12,632$12,031$11,461$10,919$9,038
6 years$10,944$10,315$9,723$9,165$8,640$6,852
7 years$9,286$8,663$8,080$7,535$7,027$5,331
8 years$8,043$7,426$6,852$6,321$5,829$4,226
9 years$7,077$6,465$5,902$5,384$4,909$3,396
10 years$6,305$5,699$5,145$4,641$4,183$2,757
11 years$5,673$5,073$4,530$4,039$3,597$2,257
12 years$5,147$4,554$4,020$3,543$3,117$1,859
13 years$4,703$4,115$3,592$3,128$2,718$1,539
14 years$4,322$3,741$3,227$2,777$2,383$1,280
15 years$3,992$3,417$2,914$2,476$2,098$1,067
16 years$3,704$3,135$2,642$2,217$1,854$893
17 years$3,450$2,887$2,404$1,992$1,644$748
18 years$3,224$2,668$2,194$1,795$1,462$629
19 years$3,023$2,473$2,009$1,622$1,303$529
20 years$2,841$2,298$1,844$1,469$1,164$445
21 years$2,678$2,140$1,696$1,333$1,042$376
22 years$2,529$1,998$1,563$1,212$934$317
23 years$2,393$1,869$1,443$1,104$838$268
24 years$2,269$1,751$1,335$1,007$753$226
25 years$2,155$1,643$1,236$920$678$191
26 years$2,050$1,544$1,146$841$611$162
27 years$1,953$1,453$1,065$770$550$137
28 years$1,863$1,369$990$705$497$116
29 years$1,780$1,292$921$647$449$98
30 years$1,702$1,220$858$594$405$83
31 years$1,629$1,153$800$545$366$71
32 years$1,561$1,091$746$501$331$60
33 years$1,497$1,033$697$461$300$51
34 years$1,437$979$651$424$272$43
35 years$1,381$929$609$390$246$36
36 years$1,328$882$569$359$223$31
37 years$1,278$837$533$331$202$26
38 years$1,230$796$499$305$183$22
39 years$1,185$757$468$281$166$19
40 years$1,143$720$438$260$151$16
41 years$1,103$685$411$239$137$14
42 years$1,064$653$385$221$124$11
43 years$1,028$622$362$204$113$10
44 years$993$593$340$188$102$8
45 years$960$565$319$174$93$7
46 years$929$539$299$161$84$6
47 years$899$515$281$148$76$5
48 years$870$491$264$137$69$4
49 years$843$469$248$127$63$4
50 years$816$448$234$117$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $836,000, adding $3,722 every year, while hoping to spend $59,932 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: 35/37/28 Blend
50$836,000$836,000$836,000$836,000
51$925,111$880,803$867,845$949,576
52$955,705$860,195$833,151$947,611
53$987,412$836,569$795,286$939,840
54$1,020,280$809,713$754,080$930,300
55$1,054,363$779,404$709,357$918,875
56$1,089,719$745,405$660,930$905,442
57$1,126,407$707,467$608,608$889,870
58$1,164,491$665,324$552,187$872,023
59$1,204,040$618,696$491,457$851,759
60$1,245,128$567,288$426,197$828,926
61$1,287,833$510,786$356,176$803,367
62$1,332,238$448,861$281,154$774,917
63$1,378,433$381,162$200,879$743,402
64$1,426,515$307,320$115,090$708,640
65$1,476,587$226,946$23,513$670,441
66$1,528,759$139,628$0$628,605
67$1,583,153$44,930$0$605,096
68$1,639,897$0$0$586,461
69$1,699,129$0$0$588,987
70$1,760,999$0$0$610,760
71$1,825,670$0$0$633,547
72$1,893,317$0$0$657,414
73$1,964,128$0$0$682,431
74$2,038,310$0$0$708,676
75$2,116,084$0$0$736,232
76$2,197,691$0$0$765,190
77$2,283,395$0$0$795,649
78$2,373,478$0$0$827,715
79$2,468,251$0$0$861,505
80$2,568,051$0$0$897,147
81$2,673,243$0$0$934,779
82$2,784,227$0$0$974,552
83$2,901,438$0$0$1,016,632
84$3,025,351$0$0$1,061,198
85$3,156,485$0$0$1,108,447
86$3,295,404$0$0$1,158,595
87$3,442,727$0$0$1,211,875
88$3,599,130$0$0$1,268,546
89$3,765,351$0$0$1,328,889
90$3,942,199$0$0$1,393,212
91$4,130,557$0$0$1,461,852
92$4,331,396$0$0$1,535,179
93$4,545,774$0$0$1,613,599
94$4,774,856$0$0$1,697,555
95$5,019,914$0$0$1,787,534
96$5,282,346$0$0$1,884,072
97$5,563,683$0$0$1,987,754
98$5,865,607$0$0$2,099,224
99$6,189,962$0$0$2,219,189
100$6,538,771$0$0$2,348,424