Can I retire at age 51 with 866,000?

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 $866,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$71,513$70,876$70,255$69,648$69,056$67,223
2 years$35,403$34,743$34,104$33,485$32,884$31,050
3 years$23,367$22,705$22,068$21,454$20,863$19,085
4 years$17,351$16,691$16,060$15,456$14,880$13,172
5 years$13,742$13,086$12,463$11,872$11,311$9,679
6 years$11,337$10,685$10,072$9,494$8,950$7,394
7 years$9,619$8,974$8,370$7,806$7,279$5,799
8 years$8,332$7,692$7,098$6,548$6,039$4,635
9 years$7,331$6,697$6,114$5,577$5,085$3,756
10 years$6,531$5,903$5,330$4,808$4,333$3,077
11 years$5,877$5,255$4,693$4,184$3,726$2,541
12 years$5,332$4,717$4,165$3,670$3,229$2,113
13 years$4,871$4,263$3,721$3,240$2,816$1,766
14 years$4,477$3,875$3,343$2,876$2,468$1,482
15 years$4,135$3,540$3,018$2,565$2,173$1,249
16 years$3,837$3,248$2,737$2,297$1,921$1,055
17 years$3,574$2,991$2,490$2,064$1,703$894
18 years$3,340$2,764$2,273$1,860$1,514$758
19 years$3,131$2,561$2,081$1,680$1,350$645
20 years$2,943$2,380$1,910$1,522$1,206$549
21 years$2,774$2,217$1,757$1,381$1,079$468
22 years$2,620$2,070$1,619$1,256$967$399
23 years$2,479$1,936$1,495$1,144$868$341
24 years$2,351$1,814$1,383$1,043$780$291
25 years$2,233$1,702$1,281$953$702$249
26 years$2,124$1,599$1,188$871$632$213
27 years$2,023$1,505$1,103$797$570$183
28 years$1,930$1,418$1,025$731$515$156
29 years$1,843$1,338$954$670$465$134
30 years$1,763$1,264$889$615$420$115
31 years$1,687$1,195$828$565$380$98
32 years$1,617$1,130$773$519$343$84
33 years$1,551$1,070$722$477$311$72
34 years$1,489$1,015$674$439$281$62
35 years$1,430$962$630$404$255$53
36 years$1,375$913$590$372$231$46
37 years$1,323$867$552$343$209$39
38 years$1,274$824$517$316$190$34
39 years$1,228$784$484$291$172$29
40 years$1,184$746$454$269$156$25
41 years$1,142$710$426$248$142$21
42 years$1,103$676$399$229$128$18
43 years$1,065$644$375$211$117$16
44 years$1,029$614$352$195$106$13
45 years$995$586$330$180$96$12
46 years$962$559$310$166$87$10
47 years$931$533$291$154$79$8
48 years$901$509$274$142$72$7
49 years$873$486$257$131$65$6
50 years$846$464$242$121$59$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $866,000, adding $6,335 every year, while hoping to spend $45,599 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: 26/47/27 Blend
50$866,000$866,000$866,000$866,000
51$960,867$914,969$901,546$977,603
52$1,010,358$911,285$883,230$988,082
53$1,063,369$905,893$862,773$994,994
54$1,120,211$898,660$840,055$1,001,467
55$1,181,225$889,446$814,949$1,007,496
56$1,246,785$878,104$787,324$1,013,078
57$1,317,302$864,476$757,044$1,018,215
58$1,393,227$848,395$723,966$1,022,915
59$1,475,055$829,686$687,938$1,027,191
60$1,563,331$808,161$648,804$1,031,062
61$1,658,652$783,623$606,401$1,034,558
62$1,761,676$755,862$560,557$1,037,715
63$1,873,125$724,656$511,093$1,040,582
64$1,993,791$689,772$457,822$1,043,217
65$2,124,549$650,962$400,550$1,045,695
66$2,266,356$607,962$339,071$1,048,105
67$2,420,268$560,496$273,174$1,050,551
68$2,587,446$508,271$202,636$1,053,162
69$2,769,166$450,976$127,224$1,056,084
70$2,966,831$388,285$46,697$1,059,492
71$3,181,988$319,851$0$1,063,586
72$3,416,336$245,309$0$1,079,905
73$3,671,746$164,272$0$1,112,505
74$3,950,276$76,334$0$1,148,307
75$4,254,192$0$0$1,187,747
76$4,585,989$0$0$1,241,110
77$4,948,413$0$0$1,342,656
78$5,344,485$0$0$1,453,771
79$5,777,533$0$0$1,575,406
80$6,251,222$0$0$1,708,608
81$6,769,585$0$0$1,854,530
82$7,337,064$0$0$2,014,444
83$7,958,550$0$0$2,189,748
84$8,639,432$0$0$2,381,982
85$9,385,640$0$0$2,592,844
86$10,203,708$0$0$2,824,202
87$11,100,833$0$0$3,078,117
88$12,084,939$0$0$3,356,854
89$13,164,756$0$0$3,662,913
90$14,349,900$0$0$3,999,045
91$15,650,963$0$0$4,368,282
92$17,079,610$0$0$4,773,964
93$18,648,696$0$0$5,219,768
94$20,372,379$0$0$5,709,748
95$22,266,254$0$0$6,248,370
96$24,347,505$0$0$6,840,553
97$26,635,062$0$0$7,491,715
98$29,149,779$0$0$8,207,830
99$31,914,633$0$0$8,995,474
100$34,954,936$0$0$9,861,898