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%14.1%
1 years$71,431$70,795$70,174$69,568$68,976$67,806
2 years$35,362$34,703$34,065$33,446$32,846$31,670
3 years$23,340$22,679$22,042$21,429$20,839$19,694
4 years$17,331$16,671$16,041$15,439$14,862$13,758
5 years$13,726$13,071$12,449$11,858$11,298$10,238
6 years$11,324$10,673$10,060$9,483$8,940$7,924
7 years$9,608$8,963$8,360$7,797$7,270$6,300
8 years$8,322$7,683$7,090$6,540$6,032$5,105
9 years$7,323$6,690$6,107$5,571$5,079$4,197
10 years$6,524$5,897$5,324$4,802$4,328$3,489
11 years$5,870$5,249$4,687$4,179$3,722$2,926
12 years$5,326$4,712$4,160$3,666$3,226$2,471
13 years$4,866$4,258$3,716$3,236$2,813$2,099
14 years$4,472$3,870$3,339$2,873$2,466$1,791
15 years$4,131$3,536$3,015$2,562$2,171$1,534
16 years$3,832$3,244$2,733$2,294$1,919$1,318
17 years$3,569$2,987$2,487$2,061$1,701$1,136
18 years$3,336$2,761$2,271$1,858$1,513$981
19 years$3,127$2,558$2,079$1,679$1,348$849
20 years$2,940$2,377$1,908$1,520$1,204$736
21 years$2,770$2,214$1,755$1,380$1,078$639
22 years$2,617$2,067$1,617$1,254$966$556
23 years$2,476$1,933$1,493$1,142$867$483
24 years$2,348$1,811$1,381$1,042$779$421
25 years$2,230$1,700$1,279$952$701$367
26 years$2,121$1,598$1,186$870$632$320
27 years$2,021$1,504$1,102$796$570$279
28 years$1,928$1,417$1,024$730$514$244
29 years$1,841$1,337$953$669$464$213
30 years$1,761$1,262$888$614$419$186
31 years$1,686$1,193$828$564$379$163
32 years$1,615$1,129$772$518$343$142
33 years$1,549$1,069$721$477$310$125
34 years$1,487$1,013$674$439$281$109
35 years$1,429$961$630$404$255$95
36 years$1,374$912$589$372$231$84
37 years$1,322$866$551$343$209$73
38 years$1,273$823$516$316$189$64
39 years$1,227$783$484$291$172$56
40 years$1,183$745$453$269$156$49
41 years$1,141$709$425$248$141$43
42 years$1,101$675$399$229$128$38
43 years$1,064$644$374$211$116$33
44 years$1,028$613$351$195$106$29
45 years$994$585$330$180$96$25
46 years$961$558$310$166$87$22
47 years$930$533$291$154$79$19
48 years$900$508$274$142$72$17
49 years$872$485$257$131$65$15
50 years$845$464$242$121$59$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $865,000, adding $6,367 every year, while hoping to spend $41,542 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: 50/39/11 Blend
50$865,000$865,000$865,000$865,000
51$959,798$913,953$900,545$1,004,649
52$1,013,497$914,536$886,513$1,036,627
53$1,071,281$913,755$870,618$1,066,443
54$1,133,522$911,501$852,755$1,097,891
55$1,200,631$907,654$832,812$1,131,136
56$1,273,057$902,091$810,673$1,166,363
57$1,351,295$894,679$786,216$1,203,775
58$1,435,886$885,277$759,314$1,243,601
59$1,527,429$873,738$729,834$1,286,092
60$1,626,580$859,904$697,636$1,331,532
61$1,734,059$843,608$662,575$1,380,232
62$1,850,661$824,672$624,499$1,432,540
63$1,977,257$802,910$583,248$1,488,842
64$2,114,808$778,124$538,658$1,549,567
65$2,264,369$750,102$490,554$1,615,192
66$2,427,102$718,624$438,754$1,686,244
67$2,604,284$683,454$383,070$1,763,311
68$2,797,321$644,344$323,303$1,847,044
69$3,007,761$601,031$259,247$1,938,163
70$3,237,308$553,236$190,687$2,037,469
71$3,487,835$500,666$117,396$2,145,850
72$3,761,405$443,010$39,141$2,264,289
73$4,060,291$379,940$0$2,393,875
74$4,386,993$311,109$0$2,541,023
75$4,744,264$236,151$0$2,707,103
76$5,135,135$154,679$0$2,889,029
77$5,562,944$66,284$0$3,088,471
78$6,031,367$0$0$3,307,279
79$6,544,450$0$0$3,560,142
80$7,106,651$0$0$3,868,470
81$7,722,878$0$0$4,206,522
82$8,398,539$0$0$4,577,274
83$9,139,586$0$0$4,984,006
84$9,952,578$0$0$5,430,329
85$10,844,740$0$0$5,920,224
86$11,824,027$0$0$6,458,071
87$12,899,205$0$0$7,048,700
88$14,079,929$0$0$7,697,428
89$15,376,834$0$0$8,410,113
90$16,801,637$0$0$9,193,210
91$18,367,246$0$0$10,053,829
92$20,087,880$0$0$10,999,803
93$21,979,204$0$0$12,039,761
94$24,058,478$0$0$13,183,212
95$26,344,716$0$0$14,440,629
96$28,858,867$0$0$15,823,554
97$31,624,011$0$0$17,344,701
98$34,665,578$0$0$19,018,081
99$38,011,587$0$0$20,859,128
100$41,692,907$0$0$22,884,850