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%18.9%
1 years$69,036$68,421$67,821$67,236$66,664$64,273
2 years$34,176$33,540$32,923$32,325$31,745$29,362
3 years$22,558$21,919$21,303$20,711$20,140$17,840
4 years$16,750$16,113$15,503$14,921$14,364$12,165
5 years$13,266$12,632$12,031$11,461$10,919$8,826
6 years$10,944$10,315$9,723$9,165$8,640$6,654
7 years$9,286$8,663$8,080$7,535$7,027$5,148
8 years$8,043$7,426$6,852$6,321$5,829$4,057
9 years$7,077$6,465$5,902$5,384$4,909$3,240
10 years$6,305$5,699$5,145$4,641$4,183$2,614
11 years$5,673$5,073$4,530$4,039$3,597$2,126
12 years$5,147$4,554$4,020$3,543$3,117$1,740
13 years$4,703$4,115$3,592$3,128$2,718$1,430
14 years$4,322$3,741$3,227$2,777$2,383$1,181
15 years$3,992$3,417$2,914$2,476$2,098$978
16 years$3,704$3,135$2,642$2,217$1,854$812
17 years$3,450$2,887$2,404$1,992$1,644$676
18 years$3,224$2,668$2,194$1,795$1,462$564
19 years$3,023$2,473$2,009$1,622$1,303$470
20 years$2,841$2,298$1,844$1,469$1,164$393
21 years$2,678$2,140$1,696$1,333$1,042$329
22 years$2,529$1,998$1,563$1,212$934$276
23 years$2,393$1,869$1,443$1,104$838$231
24 years$2,269$1,751$1,335$1,007$753$194
25 years$2,155$1,643$1,236$920$678$162
26 years$2,050$1,544$1,146$841$611$136
27 years$1,953$1,453$1,065$770$550$114
28 years$1,863$1,369$990$705$497$96
29 years$1,780$1,292$921$647$449$81
30 years$1,702$1,220$858$594$405$68
31 years$1,629$1,153$800$545$366$57
32 years$1,561$1,091$746$501$331$48
33 years$1,497$1,033$697$461$300$40
34 years$1,437$979$651$424$272$34
35 years$1,381$929$609$390$246$28
36 years$1,328$882$569$359$223$24
37 years$1,278$837$533$331$202$20
38 years$1,230$796$499$305$183$17
39 years$1,185$757$468$281$166$14
40 years$1,143$720$438$260$151$12
41 years$1,103$685$411$239$137$10
42 years$1,064$653$385$221$124$8
43 years$1,028$622$362$204$113$7
44 years$993$593$340$188$102$6
45 years$960$565$319$174$93$5
46 years$929$539$299$161$84$4
47 years$899$515$281$148$76$4
48 years$870$491$264$137$69$3
49 years$843$469$248$127$63$3
50 years$816$448$234$117$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $836,000, adding $5,827 every year, while hoping to spend $26,224 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: 56/19/25 Blend
50$836,000$836,000$836,000$836,000
51$927,283$882,975$870,017$972,571
52$993,963$898,338$871,260$1,019,641
53$1,066,566$913,576$871,666$1,067,654
54$1,145,669$928,653$871,179$1,119,417
55$1,231,904$943,534$869,741$1,175,298
56$1,325,971$958,180$867,290$1,235,707
57$1,428,637$972,549$863,762$1,301,091
58$1,540,750$986,595$859,089$1,371,947
59$1,663,238$1,000,270$853,201$1,448,821
60$1,797,129$1,013,524$846,024$1,532,316
61$1,943,551$1,026,301$837,480$1,623,099
62$2,103,745$1,038,542$827,487$1,721,903
63$2,279,081$1,050,184$815,962$1,829,538
64$2,471,064$1,061,160$802,814$1,946,898
65$2,681,355$1,071,400$787,950$2,074,969
66$2,911,780$1,080,825$771,274$2,214,837
67$3,164,352$1,089,355$752,681$2,367,702
68$3,441,286$1,096,904$732,067$2,534,886
69$3,745,024$1,103,380$709,318$2,717,850
70$4,078,254$1,108,683$684,318$2,918,202
71$4,443,938$1,112,710$656,944$3,137,718
72$4,845,337$1,115,350$627,069$3,378,355
73$5,286,045$1,116,486$594,559$3,642,273
74$5,770,018$1,115,991$559,274$3,931,854
75$6,301,619$1,113,733$521,068$4,249,723
76$6,885,649$1,109,570$479,788$4,598,779
77$7,527,399$1,103,354$435,276$4,982,215
78$8,232,700$1,094,924$387,364$5,403,553
79$9,007,973$1,084,113$335,878$5,866,680
80$9,860,293$1,070,742$280,637$6,375,877
81$10,797,456$1,054,620$221,451$6,935,870
82$11,828,048$1,035,549$158,121$7,551,867
83$12,961,532$1,013,314$90,442$8,229,611
84$14,208,333$987,691$18,196$8,975,436
85$15,579,937$958,441$0$9,796,323
86$17,088,998$925,313$0$10,715,684
87$18,749,461$888,038$0$11,732,496
88$20,576,688$846,334$0$12,851,325
89$22,587,608$799,902$0$14,082,557
90$24,800,873$748,426$0$15,437,639
91$27,237,035$691,572$0$16,929,187
92$29,918,739$628,986$0$18,571,106
93$32,870,939$560,294$0$20,378,718
94$36,121,128$485,102$0$22,368,913
95$39,699,603$402,992$0$24,560,303
96$43,639,747$313,523$0$26,973,400
97$47,978,345$216,230$0$29,630,813
98$52,755,932$110,621$0$32,557,457
99$58,017,173$0$0$35,780,792
100$63,811,284$0$0$39,331,880