Can I retire at age 51 with 869,000?

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 $869,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$71,761$71,122$70,498$69,890$69,295$67,538
2 years$35,525$34,864$34,223$33,601$32,998$31,239
3 years$23,448$22,784$22,144$21,528$20,935$19,229
4 years$17,411$16,749$16,115$15,510$14,931$13,292
5 years$13,790$13,131$12,506$11,913$11,350$9,782
6 years$11,376$10,722$10,107$9,527$8,981$7,485
7 years$9,653$9,005$8,399$7,833$7,304$5,881
8 years$8,361$7,719$7,123$6,571$6,059$4,708
9 years$7,357$6,721$6,135$5,597$5,103$3,822
10 years$6,554$5,924$5,349$4,824$4,348$3,137
11 years$5,897$5,274$4,709$4,199$3,739$2,596
12 years$5,350$4,733$4,179$3,683$3,240$2,162
13 years$4,888$4,278$3,734$3,251$2,826$1,811
14 years$4,492$3,888$3,355$2,886$2,477$1,523
15 years$4,150$3,552$3,029$2,574$2,181$1,286
16 years$3,850$3,259$2,746$2,305$1,928$1,089
17 years$3,586$3,001$2,499$2,071$1,709$924
18 years$3,351$2,773$2,281$1,866$1,520$786
19 years$3,142$2,570$2,088$1,686$1,355$670
20 years$2,953$2,388$1,916$1,527$1,210$572
21 years$2,783$2,225$1,763$1,386$1,083$488
22 years$2,629$2,077$1,625$1,260$970$418
23 years$2,488$1,942$1,500$1,148$871$358
24 years$2,359$1,820$1,387$1,047$783$306
25 years$2,240$1,708$1,285$956$705$263
26 years$2,131$1,605$1,192$874$635$225
27 years$2,030$1,511$1,107$800$572$193
28 years$1,937$1,423$1,029$733$516$166
29 years$1,850$1,343$957$672$466$142
30 years$1,769$1,268$892$617$421$122
31 years$1,693$1,199$831$567$381$105
32 years$1,623$1,134$776$521$345$90
33 years$1,556$1,074$724$479$312$78
34 years$1,494$1,018$677$441$282$67
35 years$1,435$966$633$406$256$57
36 years$1,380$917$592$374$232$49
37 years$1,328$871$554$344$210$42
38 years$1,279$827$519$317$190$37
39 years$1,232$787$486$292$173$31
40 years$1,188$748$456$270$157$27
41 years$1,146$712$427$249$142$23
42 years$1,106$679$401$230$129$20
43 years$1,069$646$376$212$117$17
44 years$1,032$616$353$196$106$15
45 years$998$588$331$181$96$13
46 years$965$561$311$167$88$11
47 years$934$535$292$154$79$9
48 years$904$511$275$143$72$8
49 years$876$488$258$132$66$7
50 years$848$466$243$122$60$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $869,000, adding $4,039 every year, while hoping to spend $33,827 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: 59/29/12 Blend
50$869,000$869,000$869,000$869,000
51$961,804$915,747$902,278$1,015,499
52$1,023,917$924,627$896,512$1,061,018
53$1,091,231$932,809$889,420$1,106,483
54$1,164,241$940,221$880,921$1,155,246
55$1,243,493$946,791$870,931$1,207,628
56$1,329,584$952,438$859,361$1,263,983
57$1,423,172$957,079$846,121$1,324,703
58$1,524,983$960,623$831,113$1,390,219
59$1,635,813$962,975$814,237$1,461,008
60$1,756,539$964,034$795,387$1,537,596
61$1,888,126$963,691$774,452$1,620,564
62$2,031,636$961,833$751,318$1,710,555
63$2,188,238$958,338$725,862$1,808,275
64$2,359,218$953,077$697,959$1,914,508
65$2,545,994$945,914$667,476$2,030,115
66$2,750,124$936,702$634,275$2,156,050
67$2,973,326$925,290$598,212$2,293,363
68$3,217,488$911,512$559,136$2,443,217
69$3,484,693$895,197$516,888$2,606,892
70$3,777,233$876,162$471,304$2,785,802
71$4,097,629$854,213$422,212$2,981,507
72$4,448,663$829,145$369,431$3,195,730
73$4,833,394$800,740$312,774$3,430,372
74$5,255,192$768,769$252,045$3,687,530
75$5,717,772$732,989$187,038$3,969,519
76$6,225,220$693,141$117,540$4,278,892
77$6,782,042$648,954$43,326$4,618,467
78$7,393,198$600,140$0$4,991,355
79$8,064,152$546,396$0$5,405,577
80$8,800,925$487,398$0$5,866,545
81$9,610,146$422,808$0$6,372,912
82$10,499,121$352,266$0$6,929,319
83$11,475,897$275,392$0$7,540,883
84$12,549,339$191,787$0$8,213,244
85$13,729,214$101,026$0$8,952,625
86$15,026,280$2,663$0$9,765,885
87$16,452,393$0$0$10,660,588
88$18,020,613$0$0$11,678,188
89$19,745,329$0$0$12,798,353
90$21,642,393$0$0$14,030,537
91$23,729,275$0$0$15,386,096
92$26,025,217$0$0$16,877,543
93$28,551,426$0$0$18,518,662
94$31,331,265$0$0$20,324,644
95$34,390,477$0$0$22,312,223
96$37,757,426$0$0$24,499,841
97$41,463,366$0$0$26,907,816
98$45,542,734$0$0$29,558,539
99$50,033,477$0$0$32,476,678
100$54,977,405$0$0$35,689,417