Can I retire at age 51 with 855,000?

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 $855,000?

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 years$70,605$69,976$69,363$68,764$68,179$67,892
2 years$34,953$34,302$33,671$33,059$32,466$32,176
3 years$23,071$22,417$21,787$21,182$20,598$20,314
4 years$17,130$16,479$15,856$15,260$14,691$14,415
5 years$13,567$12,920$12,305$11,721$11,168$10,901
6 years$11,193$10,550$9,944$9,374$8,836$8,580
7 years$9,497$8,860$8,264$7,707$7,186$6,940
8 years$8,226$7,594$7,008$6,465$5,962$5,725
9 years$7,238$6,612$6,036$5,507$5,021$4,793
10 years$6,448$5,828$5,262$4,747$4,278$4,060
11 years$5,802$5,189$4,633$4,131$3,679$3,471
12 years$5,264$4,657$4,112$3,624$3,188$2,989
13 years$4,810$4,209$3,673$3,199$2,780$2,590
14 years$4,420$3,826$3,301$2,840$2,437$2,256
15 years$4,083$3,495$2,980$2,533$2,146$1,973
16 years$3,788$3,206$2,702$2,268$1,897$1,732
17 years$3,528$2,953$2,459$2,037$1,682$1,526
18 years$3,297$2,729$2,244$1,836$1,495$1,347
19 years$3,091$2,529$2,055$1,659$1,333$1,192
20 years$2,906$2,350$1,886$1,503$1,190$1,057
21 years$2,738$2,189$1,734$1,364$1,065$939
22 years$2,586$2,043$1,599$1,240$955$836
23 years$2,448$1,911$1,476$1,129$857$745
24 years$2,321$1,790$1,365$1,030$770$664
25 years$2,204$1,680$1,264$941$693$593
26 years$2,097$1,579$1,173$860$624$530
27 years$1,998$1,486$1,089$787$563$475
28 years$1,906$1,400$1,012$721$508$425
29 years$1,820$1,321$942$661$459$381
30 years$1,740$1,248$877$607$414$341
31 years$1,666$1,179$818$557$375$306
32 years$1,596$1,116$763$512$339$275
33 years$1,531$1,057$713$471$307$246
34 years$1,470$1,002$666$433$278$221
35 years$1,412$950$622$399$252$199
36 years$1,358$902$582$368$228$179
37 years$1,307$856$545$339$207$161
38 years$1,258$814$510$312$187$144
39 years$1,212$774$478$288$170$130
40 years$1,169$736$448$265$154$117
41 years$1,128$701$420$245$140$105
42 years$1,089$668$394$226$127$94
43 years$1,051$636$370$209$115$85
44 years$1,016$606$347$193$104$76
45 years$982$578$326$178$95$69
46 years$950$552$306$164$86$62
47 years$919$526$288$152$78$56
48 years$890$502$270$140$71$50
49 years$862$480$254$130$64$45
50 years$835$458$239$120$59$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $855,000, adding $2,586 every year, while hoping to spend $39,238 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: 52/18/30 Blend
50$855,000$855,000$855,000$855,000
51$944,877$899,562$886,310$985,917
52$999,506$901,892$874,252$1,017,116
53$1,058,392$903,021$860,476$1,046,896
54$1,121,927$902,848$844,881$1,078,535
55$1,190,544$901,268$827,365$1,112,226
56$1,264,716$898,167$807,819$1,148,188
57$1,344,965$893,425$786,129$1,186,660
58$1,431,864$886,916$762,176$1,227,912
59$1,526,043$878,503$735,838$1,272,239
60$1,628,193$868,044$706,983$1,319,972
61$1,739,078$855,387$675,476$1,371,476
62$1,859,535$840,371$641,174$1,427,157
63$1,990,484$822,827$603,931$1,487,465
64$2,132,941$802,573$563,590$1,552,899
65$2,288,021$779,418$519,990$1,624,013
66$2,456,950$753,161$472,961$1,701,418
67$2,641,080$723,587$422,326$1,785,795
68$2,841,897$690,470$367,901$1,877,894
69$3,061,038$653,570$309,492$1,978,549
70$3,300,302$612,634$246,899$2,088,680
71$3,561,674$567,393$179,911$2,209,310
72$3,847,334$517,565$108,308$2,341,566
73$4,159,687$462,851$31,861$2,486,699
74$4,501,377$402,933$0$2,646,091
75$4,875,318$337,477$0$2,837,185
76$5,284,717$266,130$0$3,057,676
77$5,733,107$188,518$0$3,299,308
78$6,224,376$104,248$0$3,564,233
79$6,762,810$12,904$0$3,854,828
80$7,353,125$0$0$4,173,712
81$8,000,519$0$0$4,540,801
82$8,710,715$0$0$4,946,391
83$9,490,015$0$0$5,391,538
84$10,345,365$0$0$5,880,219
85$11,284,413$0$0$6,416,816
86$12,315,583$0$0$7,006,155
87$13,448,159$0$0$7,653,555
88$14,692,363$0$0$8,364,871
89$16,059,459$0$0$9,146,557
90$17,561,857$0$0$10,005,722
91$19,213,225$0$0$10,950,197
92$21,028,624$0$0$11,988,612
93$23,024,648$0$0$13,130,471
94$25,219,575$0$0$14,386,250
95$27,633,548$0$0$15,767,487
96$30,288,755$0$0$17,286,896
97$33,209,645$0$0$18,958,486
98$36,423,157$0$0$20,797,689
99$39,958,970$0$0$22,821,513
100$43,849,786$0$0$25,048,694