Can I retire at age 51 with 841,000?

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 $841,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$69,449$68,830$68,227$67,638$67,063$66,752
2 years$34,381$33,740$33,120$32,518$31,935$31,621
3 years$22,693$22,050$21,431$20,835$20,261$19,954
4 years$16,850$16,209$15,596$15,010$14,450$14,152
5 years$13,345$12,708$12,103$11,529$10,985$10,697
6 years$11,009$10,377$9,781$9,220$8,692$8,415
7 years$9,342$8,715$8,128$7,580$7,069$6,802
8 years$8,091$7,470$6,893$6,359$5,864$5,608
9 years$7,120$6,504$5,937$5,416$4,939$4,693
10 years$6,343$5,733$5,176$4,669$4,208$3,973
11 years$5,707$5,104$4,557$4,063$3,619$3,394
12 years$5,178$4,581$4,044$3,564$3,136$2,921
13 years$4,731$4,140$3,613$3,147$2,735$2,530
14 years$4,348$3,763$3,247$2,793$2,397$2,202
15 years$4,016$3,437$2,931$2,491$2,111$1,925
16 years$3,726$3,154$2,658$2,230$1,865$1,689
17 years$3,470$2,905$2,418$2,004$1,654$1,486
18 years$3,243$2,684$2,208$1,806$1,471$1,311
19 years$3,041$2,487$2,021$1,632$1,311$1,160
20 years$2,858$2,311$1,855$1,478$1,171$1,028
21 years$2,694$2,153$1,706$1,341$1,048$912
22 years$2,544$2,010$1,572$1,220$939$811
23 years$2,408$1,880$1,452$1,111$843$722
24 years$2,283$1,761$1,343$1,013$758$644
25 years$2,168$1,653$1,244$925$682$575
26 years$2,063$1,553$1,153$846$614$513
27 years$1,965$1,462$1,071$774$554$459
28 years$1,874$1,378$996$709$500$410
29 years$1,790$1,300$926$651$451$367
30 years$1,712$1,227$863$597$408$329
31 years$1,639$1,160$805$548$369$295
32 years$1,570$1,098$751$504$333$264
33 years$1,506$1,040$701$463$302$237
34 years$1,446$985$655$426$273$213
35 years$1,389$935$612$393$247$191
36 years$1,336$887$573$362$224$171
37 years$1,285$842$536$333$203$154
38 years$1,238$801$502$307$184$138
39 years$1,193$761$470$283$167$124
40 years$1,150$724$441$261$152$112
41 years$1,109$689$413$241$137$100
42 years$1,071$657$388$222$125$90
43 years$1,034$626$364$205$113$81
44 years$999$596$342$189$103$73
45 years$966$569$321$175$93$66
46 years$934$543$301$162$85$59
47 years$904$518$283$149$77$53
48 years$875$494$266$138$70$48
49 years$848$472$250$128$63$43
50 years$821$451$235$118$58$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $841,000, adding $5,658 every year, while hoping to spend $55,012 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: 58/22/20 Blend
50$841,000$841,000$841,000$841,000
51$932,618$888,045$875,010$981,453
52$969,213$873,027$845,790$1,000,270
53$1,007,697$855,429$813,748$1,014,324
54$1,048,204$835,067$778,731$1,028,423
55$1,090,881$811,746$740,578$1,042,583
56$1,135,887$785,258$699,125$1,056,823
57$1,183,397$755,385$654,195$1,071,168
58$1,233,600$721,896$605,607$1,085,649
59$1,286,703$684,544$553,170$1,100,302
60$1,342,931$643,071$496,686$1,115,170
61$1,402,532$597,204$435,947$1,130,305
62$1,465,775$546,651$370,735$1,145,769
63$1,532,954$491,107$300,825$1,161,631
64$1,604,392$430,248$225,979$1,177,974
65$1,680,441$363,732$145,951$1,194,895
66$1,761,489$291,197$60,483$1,212,502
67$1,847,957$212,262$0$1,230,924
68$1,940,308$126,523$0$1,256,862
69$2,039,051$33,554$0$1,298,126
70$2,144,743$0$0$1,342,046
71$2,257,992$0$0$1,405,144
72$2,379,469$0$0$1,481,588
73$2,509,909$0$0$1,563,723
74$2,650,117$0$0$1,652,062
75$2,800,978$0$0$1,747,170
76$2,963,464$0$0$1,849,668
77$3,138,643$0$0$1,960,234
78$3,327,687$0$0$2,079,619
79$3,531,883$0$0$2,208,643
80$3,752,648$0$0$2,348,210
81$3,991,537$0$0$2,499,313
82$4,250,261$0$0$2,663,043
83$4,530,699$0$0$2,840,601
84$4,834,920$0$0$3,033,307
85$5,165,197$0$0$3,242,612
86$5,524,031$0$0$3,470,113
87$5,914,174$0$0$3,717,567
88$6,338,652$0$0$3,986,907
89$6,800,796$0$0$4,280,259
90$7,304,271$0$0$4,599,963
91$7,853,108$0$0$4,948,596
92$8,451,746$0$0$5,328,991
93$9,105,070$0$0$5,744,270
94$9,818,457$0$0$6,197,866
95$10,597,828$0$0$6,693,560
96$11,449,697$0$0$7,235,517
97$12,381,240$0$0$7,828,318
98$13,400,357$0$0$8,477,010
99$14,515,744$0$0$9,187,150
100$15,736,980$0$0$9,964,857