Can I retire at age 51 with 854,000?

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 $854,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$70,523$69,894$69,281$68,683$68,099$65,501
2 years$34,912$34,262$33,632$33,021$32,428$29,841
3 years$23,044$22,391$21,762$21,157$20,574$18,079
4 years$17,110$16,459$15,837$15,242$14,673$12,290
5 years$13,551$12,904$12,290$11,708$11,154$8,889
6 years$11,180$10,537$9,932$9,363$8,826$6,680
7 years$9,486$8,849$8,254$7,697$7,178$5,150
8 years$8,217$7,585$7,000$6,457$5,955$4,044
9 years$7,230$6,605$6,029$5,500$5,015$3,218
10 years$6,441$5,822$5,256$4,741$4,273$2,586
11 years$5,795$5,183$4,628$4,126$3,675$2,095
12 years$5,258$4,652$4,107$3,619$3,185$1,707
13 years$4,804$4,204$3,669$3,195$2,777$1,398
14 years$4,415$3,821$3,297$2,836$2,434$1,150
15 years$4,078$3,491$2,977$2,530$2,143$948
16 years$3,784$3,203$2,699$2,265$1,894$784
17 years$3,524$2,949$2,456$2,035$1,680$649
18 years$3,294$2,725$2,242$1,834$1,493$539
19 years$3,088$2,526$2,052$1,657$1,331$448
20 years$2,902$2,347$1,883$1,501$1,189$373
21 years$2,735$2,186$1,732$1,362$1,064$310
22 years$2,583$2,041$1,597$1,239$954$259
23 years$2,445$1,909$1,474$1,128$856$216
24 years$2,318$1,788$1,363$1,029$770$180
25 years$2,202$1,678$1,263$940$692$150
26 years$2,094$1,577$1,171$859$624$126
27 years$1,995$1,484$1,088$786$562$105
28 years$1,903$1,399$1,011$720$507$88
29 years$1,818$1,320$941$661$458$73
30 years$1,738$1,246$876$606$414$61
31 years$1,664$1,178$817$557$374$51
32 years$1,595$1,115$762$512$339$43
33 years$1,529$1,056$712$471$306$36
34 years$1,468$1,001$665$433$277$30
35 years$1,411$949$622$399$251$25
36 years$1,356$901$582$367$228$21
37 years$1,305$855$544$338$206$18
38 years$1,257$813$510$312$187$15
39 years$1,211$773$478$287$170$12
40 years$1,168$736$448$265$154$10
41 years$1,126$700$420$245$140$9
42 years$1,087$667$394$226$127$7
43 years$1,050$635$369$208$115$6
44 years$1,015$606$347$192$104$5
45 years$981$577$326$178$95$4
46 years$949$551$306$164$86$4
47 years$918$526$287$152$78$3
48 years$889$502$270$140$71$2
49 years$861$479$254$130$64$2
50 years$834$458$239$120$59$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $854,000, adding $4,600 every year, while hoping to spend $21,308 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: 82/9/9 Blend
50$854,000$854,000$854,000$854,000
51$945,853$900,591$887,354$1,021,840
52$1,019,658$922,048$894,409$1,093,713
53$1,100,278$943,843$900,986$1,169,298
54$1,188,384$965,969$907,046$1,251,634
55$1,284,717$988,419$912,550$1,341,385
56$1,390,092$1,011,186$917,455$1,439,283
57$1,505,407$1,034,259$921,715$1,546,134
58$1,631,650$1,057,630$925,284$1,662,827
59$1,769,909$1,081,285$928,112$1,790,339
60$1,921,384$1,105,212$930,148$1,929,746
61$2,087,394$1,129,396$931,337$2,082,237
62$2,269,393$1,153,821$931,621$2,249,117
63$2,468,982$1,178,469$930,942$2,431,826
64$2,687,925$1,203,321$929,234$2,631,950
65$2,928,163$1,228,354$926,434$2,851,236
66$3,191,837$1,253,544$922,471$3,091,610
67$3,481,304$1,278,867$917,273$3,355,191
68$3,799,158$1,304,293$910,763$3,644,316
69$4,148,261$1,329,792$902,863$3,961,558
70$4,531,763$1,355,331$893,487$4,309,755
71$4,953,133$1,380,873$882,550$4,692,030
72$5,416,196$1,406,379$869,959$5,111,826
73$5,925,164$1,431,807$855,618$5,572,937
74$6,484,676$1,457,111$839,427$6,079,543
75$7,099,846$1,482,243$821,280$6,636,248
76$7,776,306$1,507,148$801,068$7,248,128
77$8,520,261$1,531,770$778,676$7,920,774
78$9,338,549$1,556,048$753,983$8,660,349
79$10,238,703$1,579,916$726,863$9,473,640
80$11,229,022$1,603,304$697,185$10,368,130
81$12,318,652$1,626,136$664,811$11,352,063
82$13,517,669$1,648,331$629,597$12,434,523
83$14,837,175$1,669,803$591,392$13,625,520
84$16,289,403$1,690,460$550,039$14,936,085
85$17,887,832$1,710,201$505,375$16,378,373
86$19,647,312$1,728,923$457,227$17,965,780
87$21,584,210$1,746,512$405,416$19,713,067
88$23,716,557$1,762,849$349,755$21,636,498
89$26,064,222$1,777,805$290,048$23,753,999
90$28,649,099$1,791,243$226,091$26,085,322
91$31,495,313$1,803,020$157,670$28,652,234
92$34,629,447$1,812,980$84,564$31,478,721
93$38,080,793$1,820,958$6,540$34,591,216
94$41,881,629$1,826,781$0$38,018,848
95$46,067,524$1,830,262$0$41,801,084
96$50,677,670$1,831,203$0$45,967,080
97$55,755,255$1,829,395$0$50,555,213
98$61,347,870$1,824,615$0$55,608,467
99$67,507,959$1,816,626$0$61,174,209
100$74,293,308$1,805,178$0$67,304,636