Can I retire at age 51 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$70,357$69,731$69,119$68,522$67,940$66,842
2 years$34,830$34,182$33,553$32,943$32,352$31,249
3 years$22,990$22,338$21,711$21,107$20,526$19,452
4 years$17,070$16,421$15,800$15,207$14,639$13,602
5 years$13,520$12,874$12,262$11,680$11,128$10,132
6 years$11,153$10,513$9,909$9,341$8,805$7,851
7 years$9,464$8,829$8,235$7,679$7,161$6,248
8 years$8,197$7,568$6,984$6,442$5,941$5,070
9 years$7,213$6,589$6,015$5,487$5,003$4,173
10 years$6,425$5,808$5,244$4,730$4,263$3,473
11 years$5,782$5,170$4,617$4,117$3,666$2,917
12 years$5,246$4,641$4,097$3,611$3,177$2,466
13 years$4,793$4,194$3,661$3,188$2,770$2,097
14 years$4,405$3,812$3,289$2,830$2,429$1,792
15 years$4,068$3,482$2,970$2,524$2,138$1,537
16 years$3,775$3,195$2,692$2,260$1,890$1,323
17 years$3,516$2,943$2,450$2,030$1,676$1,142
18 years$3,286$2,719$2,236$1,830$1,490$987
19 years$3,080$2,520$2,047$1,653$1,328$856
20 years$2,896$2,342$1,879$1,497$1,186$743
21 years$2,729$2,181$1,728$1,359$1,062$646
22 years$2,577$2,036$1,593$1,236$951$562
23 years$2,439$1,904$1,471$1,125$854$490
24 years$2,313$1,784$1,360$1,026$768$428
25 years$2,197$1,674$1,260$937$691$373
26 years$2,090$1,574$1,168$857$622$326
27 years$1,991$1,481$1,085$784$561$285
28 years$1,899$1,396$1,009$719$506$249
29 years$1,814$1,317$939$659$457$218
30 years$1,734$1,243$874$605$413$191
31 years$1,660$1,175$815$556$373$167
32 years$1,591$1,112$760$511$338$147
33 years$1,526$1,053$710$469$306$128
34 years$1,465$998$663$432$277$113
35 years$1,407$947$620$398$251$99
36 years$1,353$899$580$366$227$87
37 years$1,302$853$543$337$206$76
38 years$1,254$811$509$311$187$67
39 years$1,208$771$476$287$169$58
40 years$1,165$734$447$265$154$51
41 years$1,124$699$419$244$139$45
42 years$1,085$665$393$225$126$39
43 years$1,048$634$369$208$115$35
44 years$1,012$604$346$192$104$30
45 years$979$576$325$177$95$27
46 years$947$550$305$164$86$23
47 years$916$525$287$151$78$21
48 years$887$501$269$140$71$18
49 years$859$478$253$129$64$16
50 years$832$457$238$119$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $852,000, adding $3,081 every year, while hoping to spend $59,169 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: 68/12/20 Blend
50$852,000$852,000$852,000$852,000
51$942,082$896,926$883,720$1,001,268
52$975,219$877,920$850,369$1,022,233
53$1,009,753$856,000$813,918$1,037,980
54$1,045,764$830,960$774,200$1,053,771
55$1,083,338$802,583$731,042$1,069,607
56$1,122,568$770,639$684,262$1,085,492
57$1,163,554$734,885$633,669$1,101,431
58$1,206,405$695,063$579,066$1,117,433
59$1,251,239$650,901$520,244$1,133,508
60$1,298,181$602,111$456,989$1,149,670
61$1,347,370$548,389$389,072$1,165,937
62$1,398,955$489,413$316,259$1,182,333
63$1,453,097$424,843$238,303$1,198,885
64$1,509,973$354,320$154,946$1,215,627
65$1,569,772$277,464$65,919$1,232,597
66$1,632,703$193,874$0$1,249,844
67$1,698,992$103,127$0$1,273,632
68$1,768,885$4,776$0$1,313,232
69$1,842,649$0$0$1,354,704
70$1,920,577$0$0$1,411,628
71$2,002,989$0$0$1,472,515
72$2,090,231$0$0$1,536,995
73$2,182,685$0$0$1,605,352
74$2,280,765$0$0$1,677,896
75$2,384,927$0$0$1,754,967
76$2,495,665$0$0$1,836,936
77$2,613,525$0$0$1,924,209
78$2,739,100$0$0$2,017,230
79$2,873,042$0$0$2,116,488
80$3,016,064$0$0$2,222,515
81$3,168,949$0$0$2,335,897
82$3,332,554$0$0$2,457,274
83$3,507,818$0$0$2,587,349
84$3,695,772$0$0$2,726,894
85$3,897,548$0$0$2,876,756
86$4,114,386$0$0$3,037,863
87$4,347,649$0$0$3,211,234
88$4,598,833$0$0$3,397,990
89$4,869,582$0$0$3,599,360
90$5,161,699$0$0$3,816,695
91$5,477,168$0$0$4,051,479
92$5,818,167$0$0$4,305,344
93$6,187,092$0$0$4,580,083
94$6,586,574$0$0$4,877,667
95$7,019,508$0$0$5,200,262
96$7,489,076$0$0$5,550,251
97$7,998,778$0$0$5,930,256
98$8,552,463$0$0$6,343,158
99$9,154,364$0$0$6,792,129
100$9,809,140$0$0$7,280,657