Can I retire at age 51 with 839,000?

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 $839,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$69,284$68,667$68,065$67,477$66,903$65,741
2 years$34,299$33,660$33,041$32,441$31,859$30,691
3 years$22,639$21,997$21,380$20,785$20,212$19,076
4 years$16,810$16,170$15,559$14,975$14,416$13,320
5 years$13,313$12,678$12,074$11,502$10,959$9,906
6 years$10,983$10,352$9,758$9,198$8,671$7,663
7 years$9,320$8,694$8,109$7,562$7,052$6,089
8 years$8,072$7,452$6,877$6,344$5,850$4,932
9 years$7,103$6,489$5,923$5,404$4,927$4,052
10 years$6,327$5,719$5,164$4,658$4,198$3,367
11 years$5,694$5,092$4,546$4,054$3,610$2,822
12 years$5,166$4,570$4,035$3,556$3,129$2,381
13 years$4,720$4,130$3,605$3,139$2,728$2,021
14 years$4,337$3,754$3,239$2,787$2,392$1,723
15 years$4,006$3,429$2,924$2,485$2,106$1,475
16 years$3,717$3,146$2,651$2,225$1,861$1,267
17 years$3,462$2,898$2,413$1,999$1,650$1,091
18 years$3,236$2,678$2,202$1,802$1,467$942
19 years$3,033$2,482$2,016$1,628$1,308$814
20 years$2,851$2,306$1,850$1,475$1,168$705
21 years$2,687$2,148$1,702$1,338$1,045$612
22 years$2,538$2,005$1,569$1,217$937$532
23 years$2,402$1,875$1,448$1,108$841$462
24 years$2,277$1,757$1,339$1,011$756$402
25 years$2,163$1,649$1,241$923$680$350
26 years$2,058$1,550$1,151$844$613$305
27 years$1,960$1,458$1,068$772$552$266
28 years$1,870$1,374$993$708$498$232
29 years$1,786$1,296$924$649$450$203
30 years$1,708$1,224$861$596$407$177
31 years$1,635$1,157$803$547$368$155
32 years$1,567$1,095$749$503$333$135
33 years$1,503$1,037$699$462$301$118
34 years$1,442$983$653$425$273$103
35 years$1,386$932$611$392$247$90
36 years$1,333$885$571$361$224$79
37 years$1,282$840$535$332$203$69
38 years$1,235$799$501$306$184$60
39 years$1,190$760$469$282$167$53
40 years$1,147$723$440$260$151$46
41 years$1,107$688$412$240$137$41
42 years$1,068$655$387$222$124$35
43 years$1,032$624$363$205$113$31
44 years$997$595$341$189$103$27
45 years$964$567$320$175$93$24
46 years$932$541$300$161$84$21
47 years$902$517$282$149$77$18
48 years$873$493$265$138$70$16
49 years$846$471$249$127$63$14
50 years$819$450$234$118$57$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $839,000, adding $3,392 every year, while hoping to spend $21,902 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: 66/9/25 Blend
50$839,000$839,000$839,000$839,000
51$928,077$883,610$870,605$983,093
52$999,437$903,603$876,467$1,040,544
53$1,077,342$923,842$881,791$1,100,551
54$1,162,436$944,316$886,536$1,165,661
55$1,255,429$965,011$890,659$1,236,378
56$1,357,101$985,915$894,115$1,313,257
57$1,468,313$1,007,013$896,855$1,396,910
58$1,590,011$1,028,287$898,830$1,488,011
59$1,723,238$1,049,719$899,987$1,587,303
60$1,869,143$1,071,289$900,271$1,695,605
61$2,028,989$1,092,975$899,623$1,813,820
62$2,204,168$1,114,754$897,984$1,942,942
63$2,396,215$1,136,599$895,288$2,084,067
64$2,606,819$1,158,482$891,469$2,238,405
65$2,837,839$1,180,372$886,458$2,407,288
66$3,091,324$1,202,236$880,180$2,592,183
67$3,369,532$1,224,038$872,559$2,794,709
68$3,674,947$1,245,739$863,513$3,016,649
69$4,010,310$1,267,299$852,959$3,259,970
70$4,378,636$1,288,670$840,807$3,526,839
71$4,783,248$1,309,807$826,966$3,819,643
72$5,227,808$1,330,655$811,337$4,141,017
73$5,716,348$1,351,161$793,820$4,493,861
74$6,253,310$1,371,263$774,309$4,881,374
75$6,843,591$1,390,898$752,691$5,307,081
76$7,492,582$1,409,997$728,851$5,774,869
77$8,206,225$1,428,486$702,667$6,289,020
78$8,991,066$1,446,288$674,012$6,854,255
79$9,854,316$1,463,318$642,753$7,475,777
80$10,803,922$1,479,486$608,751$8,159,322
81$11,848,639$1,494,697$571,861$8,911,210
82$12,998,112$1,508,850$531,930$9,738,408
83$14,262,970$1,521,834$488,801$10,648,596
84$15,654,924$1,533,535$442,307$11,650,238
85$17,186,877$1,543,828$392,274$12,752,661
86$18,873,046$1,552,584$338,523$13,966,148
87$20,729,097$1,559,661$280,864$15,302,030
88$22,772,292$1,564,911$219,100$16,772,798
89$25,021,651$1,568,177$153,025$18,392,218
90$27,498,132$1,569,290$82,424$20,175,461
91$30,224,829$1,568,073$7,073$22,139,249
92$33,227,188$1,564,335$0$24,302,012
93$36,533,250$1,557,876$0$26,703,626
94$40,173,912$1,548,482$0$29,350,199
95$44,183,221$1,535,928$0$32,264,583
96$48,598,694$1,519,973$0$35,474,042
97$53,461,672$1,500,363$0$39,008,620
98$58,817,710$1,476,828$0$42,901,423
99$64,717,007$1,449,083$0$47,188,935
100$71,214,879$1,416,825$0$51,911,359