Can I retire at age 51 with 849,000?

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 $849,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$70,110$69,485$68,876$68,281$67,700$65,665
2 years$34,708$34,061$33,435$32,827$32,238$30,205
3 years$22,909$22,259$21,635$21,033$20,453$18,485
4 years$17,010$16,363$15,744$15,153$14,587$12,700
5 years$13,472$12,829$12,218$11,639$11,089$9,288
6 years$11,114$10,476$9,874$9,308$8,774$7,061
7 years$9,431$8,797$8,206$7,652$7,136$5,510
8 years$8,168$7,541$6,959$6,419$5,920$4,380
9 years$7,187$6,566$5,994$5,468$4,985$3,530
10 years$6,403$5,787$5,225$4,713$4,248$2,875
11 years$5,761$5,152$4,600$4,102$3,653$2,361
12 years$5,227$4,624$4,083$3,598$3,166$1,951
13 years$4,776$4,179$3,648$3,177$2,761$1,621
14 years$4,389$3,799$3,277$2,820$2,420$1,352
15 years$4,054$3,470$2,959$2,515$2,131$1,132
16 years$3,761$3,184$2,683$2,252$1,883$950
17 years$3,503$2,932$2,441$2,023$1,670$800
18 years$3,274$2,709$2,229$1,823$1,485$674
19 years$3,070$2,511$2,040$1,647$1,323$569
20 years$2,885$2,333$1,872$1,492$1,182$481
21 years$2,719$2,174$1,722$1,354$1,058$407
22 years$2,568$2,029$1,587$1,231$948$345
23 years$2,431$1,898$1,466$1,121$851$293
24 years$2,305$1,778$1,355$1,023$765$248
25 years$2,189$1,668$1,255$934$688$211
26 years$2,082$1,568$1,164$854$620$179
27 years$1,984$1,476$1,081$782$559$152
28 years$1,892$1,391$1,005$716$504$129
29 years$1,807$1,312$935$657$455$110
30 years$1,728$1,239$871$603$412$94
31 years$1,654$1,171$812$554$372$80
32 years$1,585$1,108$758$509$337$68
33 years$1,520$1,049$708$468$305$58
34 years$1,460$995$661$430$276$49
35 years$1,402$943$618$396$250$42
36 years$1,348$895$578$365$226$36
37 years$1,298$850$541$336$205$30
38 years$1,249$808$507$310$186$26
39 years$1,204$769$475$286$169$22
40 years$1,161$731$445$264$153$19
41 years$1,120$696$417$243$139$16
42 years$1,081$663$391$224$126$14
43 years$1,044$632$367$207$114$12
44 years$1,009$602$345$191$104$10
45 years$975$574$324$177$94$8
46 years$943$548$304$163$86$7
47 years$913$523$286$151$78$6
48 years$884$499$268$139$71$5
49 years$856$476$252$129$64$4
50 years$829$455$237$119$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $849,000, adding $3,977 every year, while hoping to spend $54,135 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: 24/48/28 Blend
50$849,000$849,000$849,000$849,000
51$939,700$894,703$881,544$953,899
52$977,950$880,945$853,476$952,506
53$1,018,288$864,697$822,654$946,178
54$1,060,868$845,782$788,928$938,263
55$1,105,861$824,010$752,141$928,666
56$1,153,452$799,180$712,131$917,286
57$1,203,843$771,078$668,727$904,021
58$1,257,255$739,482$621,749$888,766
59$1,313,930$704,151$571,013$871,409
60$1,374,132$664,835$516,322$851,837
61$1,438,149$621,267$457,475$829,935
62$1,506,297$573,166$394,257$805,583
63$1,578,922$520,234$326,447$778,657
64$1,656,402$462,156$253,814$749,034
65$1,739,153$398,600$176,114$716,584
66$1,827,630$329,214$93,097$681,180
67$1,922,330$253,627$4,498$642,689
68$2,023,800$171,448$0$600,978
69$2,132,640$82,261$0$582,821
70$2,249,508$0$0$564,361
71$2,375,126$0$0$551,803
72$2,510,286$0$0$585,144
73$2,655,859$0$0$621,164
74$2,812,799$0$0$660,112
75$2,982,159$0$0$702,264
76$3,165,090$0$0$747,922
77$3,362,861$0$0$797,419
78$3,576,865$0$0$851,121
79$3,808,633$0$0$909,430
80$4,059,850$0$0$972,789
81$4,332,367$0$0$1,041,684
82$4,628,222$0$0$1,116,651
83$4,949,652$0$0$1,198,280
84$5,299,124$0$0$1,287,217
85$5,679,346$0$0$1,384,178
86$6,093,302$0$0$1,489,948
87$6,544,274$0$0$1,605,390
88$7,035,872$0$0$1,731,457
89$7,572,072$0$0$1,869,195
90$8,157,249$0$0$2,019,758
91$8,796,218$0$0$2,184,416
92$9,494,279$0$0$2,364,566
93$10,257,270$0$0$2,561,748
94$11,091,615$0$0$2,777,656
95$12,004,388$0$0$3,014,157
96$13,003,379$0$0$3,273,306
97$14,097,165$0$0$3,557,367
98$15,295,192$0$0$3,868,833
99$16,607,861$0$0$4,210,450
100$18,046,628$0$0$4,585,242