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%15.7%
1 years$70,605$69,976$69,363$68,764$68,179$66,585
2 years$34,953$34,302$33,671$33,059$32,466$30,869
3 years$23,071$22,417$21,787$21,182$20,598$19,048
4 years$17,130$16,479$15,856$15,260$14,691$13,200
5 years$13,567$12,920$12,305$11,721$11,168$9,740
6 years$11,193$10,550$9,944$9,374$8,836$7,473
7 years$9,497$8,860$8,264$7,707$7,186$5,888
8 years$8,226$7,594$7,008$6,465$5,962$4,728
9 years$7,238$6,612$6,036$5,507$5,021$3,850
10 years$6,448$5,828$5,262$4,747$4,278$3,169
11 years$5,802$5,189$4,633$4,131$3,679$2,631
12 years$5,264$4,657$4,112$3,624$3,188$2,199
13 years$4,810$4,209$3,673$3,199$2,780$1,848
14 years$4,420$3,826$3,301$2,840$2,437$1,560
15 years$4,083$3,495$2,980$2,533$2,146$1,321
16 years$3,788$3,206$2,702$2,268$1,897$1,123
17 years$3,528$2,953$2,459$2,037$1,682$956
18 years$3,297$2,729$2,244$1,836$1,495$816
19 years$3,091$2,529$2,055$1,659$1,333$698
20 years$2,906$2,350$1,886$1,503$1,190$598
21 years$2,738$2,189$1,734$1,364$1,065$513
22 years$2,586$2,043$1,599$1,240$955$440
23 years$2,448$1,911$1,476$1,129$857$378
24 years$2,321$1,790$1,365$1,030$770$326
25 years$2,204$1,680$1,264$941$693$280
26 years$2,097$1,579$1,173$860$624$241
27 years$1,998$1,486$1,089$787$563$208
28 years$1,906$1,400$1,012$721$508$179
29 years$1,820$1,321$942$661$459$155
30 years$1,740$1,248$877$607$414$133
31 years$1,666$1,179$818$557$375$115
32 years$1,596$1,116$763$512$339$99
33 years$1,531$1,057$713$471$307$86
34 years$1,470$1,002$666$433$278$74
35 years$1,412$950$622$399$252$64
36 years$1,358$902$582$368$228$55
37 years$1,307$856$545$339$207$48
38 years$1,258$814$510$312$187$41
39 years$1,212$774$478$288$170$36
40 years$1,169$736$448$265$154$31
41 years$1,128$701$420$245$140$27
42 years$1,089$668$394$226$127$23
43 years$1,051$636$370$209$115$20
44 years$1,016$606$347$193$104$17
45 years$982$578$326$178$95$15
46 years$950$552$306$164$86$13
47 years$919$526$288$152$78$11
48 years$890$502$270$140$71$10
49 years$862$480$254$130$64$8
50 years$835$458$239$120$59$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $855,000, adding $6,592 every year, while hoping to spend $23,060 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: 31/42/27 Blend
50$855,000$855,000$855,000$855,000
51$949,010$903,695$890,442$970,407
52$1,021,273$923,440$895,736$1,007,190
53$1,100,134$943,380$900,435$1,044,274
54$1,186,242$963,500$904,494$1,083,736
55$1,280,311$983,783$907,866$1,125,800
56$1,383,126$1,004,212$910,503$1,170,712
57$1,495,554$1,024,768$912,354$1,218,746
58$1,618,547$1,045,427$913,364$1,270,202
59$1,753,154$1,066,169$913,477$1,325,413
60$1,900,530$1,086,966$912,634$1,384,746
61$2,061,949$1,107,792$910,771$1,448,606
62$2,238,810$1,128,616$907,825$1,517,441
63$2,432,658$1,149,407$903,726$1,591,744
64$2,645,191$1,170,130$898,402$1,672,061
65$2,878,281$1,190,747$891,779$1,758,993
66$3,133,989$1,211,217$883,778$1,853,205
67$3,414,586$1,231,497$874,315$1,955,430
68$3,722,574$1,251,541$863,304$2,066,478
69$4,060,707$1,271,297$850,656$2,187,244
70$4,432,020$1,290,711$836,274$2,318,712
71$4,839,857$1,309,726$820,059$2,461,973
72$5,287,899$1,328,280$801,908$2,618,229
73$5,780,205$1,346,306$781,712$2,788,804
74$6,321,244$1,363,733$759,357$2,975,164
75$6,915,939$1,380,484$734,724$3,178,925
76$7,569,716$1,396,479$707,689$3,401,868
77$8,288,552$1,411,631$678,121$3,645,961
78$9,079,030$1,425,847$645,884$3,913,374
79$9,948,407$1,439,029$610,836$4,206,504
80$10,904,674$1,451,071$572,829$4,527,993
81$11,956,638$1,461,861$531,706$4,880,757
82$13,114,003$1,471,280$487,306$5,268,013
83$14,387,460$1,479,201$439,459$5,693,309
84$15,788,787$1,485,489$387,988$6,160,562
85$17,330,965$1,489,999$332,707$6,674,090
86$19,028,295$1,492,580$273,424$7,238,658
87$20,896,533$1,493,069$209,936$7,859,521
88$22,953,044$1,491,294$142,033$8,542,476
89$25,216,958$1,487,071$69,495$9,293,917
90$27,709,356$1,480,206$0$10,120,896
91$30,453,468$1,470,493$0$11,033,471
92$33,474,888$1,457,714$0$12,059,454
93$36,801,821$1,441,636$0$13,188,335
94$40,465,345$1,422,014$0$14,430,623
95$44,499,704$1,398,588$0$15,797,900
96$48,942,636$1,371,080$0$17,302,937
97$53,835,722$1,339,200$0$18,959,808
98$59,224,781$1,302,637$0$20,784,030
99$65,160,306$1,261,063$0$22,792,706
100$71,697,935$1,214,132$0$25,004,691