Can I retire at age 51 with 865,000?

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 $865,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$71,431$70,795$70,174$69,568$68,976$67,173
2 years$35,362$34,703$34,065$33,446$32,846$31,041
3 years$23,340$22,679$22,042$21,429$20,839$19,089
4 years$17,331$16,671$16,041$15,439$14,862$13,181
5 years$13,726$13,071$12,449$11,858$11,298$9,691
6 years$11,324$10,673$10,060$9,483$8,940$7,407
7 years$9,608$8,963$8,360$7,797$7,270$5,813
8 years$8,322$7,683$7,090$6,540$6,032$4,648
9 years$7,323$6,690$6,107$5,571$5,079$3,769
10 years$6,524$5,897$5,324$4,802$4,328$3,089
11 years$5,870$5,249$4,687$4,179$3,722$2,553
12 years$5,326$4,712$4,160$3,666$3,226$2,124
13 years$4,866$4,258$3,716$3,236$2,813$1,777
14 years$4,472$3,870$3,339$2,873$2,466$1,492
15 years$4,131$3,536$3,015$2,562$2,171$1,258
16 years$3,832$3,244$2,733$2,294$1,919$1,064
17 years$3,569$2,987$2,487$2,061$1,701$902
18 years$3,336$2,761$2,271$1,858$1,513$766
19 years$3,127$2,558$2,079$1,679$1,348$651
20 years$2,940$2,377$1,908$1,520$1,204$555
21 years$2,770$2,214$1,755$1,380$1,078$473
22 years$2,617$2,067$1,617$1,254$966$404
23 years$2,476$1,933$1,493$1,142$867$346
24 years$2,348$1,811$1,381$1,042$779$296
25 years$2,230$1,700$1,279$952$701$253
26 years$2,121$1,598$1,186$870$632$217
27 years$2,021$1,504$1,102$796$570$186
28 years$1,928$1,417$1,024$730$514$159
29 years$1,841$1,337$953$669$464$136
30 years$1,761$1,262$888$614$419$117
31 years$1,686$1,193$828$564$379$100
32 years$1,615$1,129$772$518$343$86
33 years$1,549$1,069$721$477$310$74
34 years$1,487$1,013$674$439$281$63
35 years$1,429$961$630$404$255$54
36 years$1,374$912$589$372$231$47
37 years$1,322$866$551$343$209$40
38 years$1,273$823$516$316$189$34
39 years$1,227$783$484$291$172$30
40 years$1,183$745$453$269$156$25
41 years$1,141$709$425$248$141$22
42 years$1,101$675$399$229$128$19
43 years$1,064$644$374$211$116$16
44 years$1,028$613$351$195$106$14
45 years$994$585$330$180$96$12
46 years$961$558$310$166$87$10
47 years$930$533$291$154$79$9
48 years$900$508$274$142$72$8
49 years$872$485$257$131$65$6
50 years$845$464$242$121$59$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $865,000, adding $6,795 every year, while hoping to spend $33,395 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: 61/28/11 Blend
50$865,000$865,000$865,000$865,000
51$960,239$914,394$900,987$1,015,938
52$1,022,651$923,667$895,638$1,063,396
53$1,090,311$932,276$888,990$1,110,740
54$1,163,716$940,151$880,966$1,161,578
55$1,243,419$947,222$871,481$1,216,249
56$1,330,022$953,411$860,451$1,275,127
57$1,424,193$958,636$847,784$1,338,625
58$1,526,661$962,810$833,385$1,407,200
59$1,638,233$965,840$817,156$1,481,353
60$1,759,795$967,629$798,993$1,561,641
61$1,892,322$968,070$778,787$1,648,675
62$2,036,886$967,053$756,424$1,743,131
63$2,194,671$964,461$731,786$1,845,755
64$2,366,974$960,167$704,748$1,957,372
65$2,555,229$954,038$675,181$2,078,888
66$2,761,011$945,934$642,948$2,211,308
67$2,986,055$935,706$607,907$2,355,736
68$3,232,271$923,194$569,910$2,513,395
69$3,501,762$908,230$528,802$2,685,630
70$3,796,846$890,637$484,421$2,873,929
71$4,120,071$870,226$436,597$3,079,932
72$4,474,249$846,797$385,153$3,305,448
73$4,862,471$820,139$329,904$3,552,473
74$5,288,145$790,028$270,658$3,823,211
75$5,755,023$756,227$207,212$4,120,091
76$6,267,239$718,485$139,357$4,445,795
77$6,829,345$676,538$66,873$4,803,281
78$7,446,355$630,106$0$5,195,810
79$8,123,793$578,891$0$5,628,212
80$8,867,745$522,581$0$6,111,684
81$9,684,912$460,845$0$6,642,776
82$10,582,678$393,332$0$7,226,349
83$11,569,180$319,673$0$7,867,763
84$12,653,376$239,477$0$8,572,927
85$13,845,142$152,333$0$9,348,356
86$15,155,352$57,803$0$10,201,235
87$16,595,992$0$0$11,139,483
88$18,180,262$0$0$12,185,565
89$19,922,710$0$0$13,355,753
90$21,839,361$0$0$14,643,008
91$23,947,874$0$0$16,059,200
92$26,267,703$0$0$17,617,406
93$28,820,285$0$0$19,332,034
94$31,629,238$0$0$21,218,960
95$34,720,587$0$0$23,295,677
96$38,123,006$0$0$25,581,460
97$41,868,091$0$0$28,097,545
98$45,990,656$0$0$30,867,334
99$50,529,061$0$0$33,916,613
100$55,525,575$0$0$37,273,793