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%16.3%
1 years$71,761$71,122$70,498$69,890$69,295$67,511
2 years$35,525$34,864$34,223$33,601$32,998$31,212
3 years$23,448$22,784$22,144$21,528$20,935$19,203
4 years$17,411$16,749$16,115$15,510$14,931$13,267
5 years$13,790$13,131$12,506$11,913$11,350$9,759
6 years$11,376$10,722$10,107$9,527$8,981$7,463
7 years$9,653$9,005$8,399$7,833$7,304$5,860
8 years$8,361$7,719$7,123$6,571$6,059$4,689
9 years$7,357$6,721$6,135$5,597$5,103$3,805
10 years$6,554$5,924$5,349$4,824$4,348$3,120
11 years$5,897$5,274$4,709$4,199$3,739$2,580
12 years$5,350$4,733$4,179$3,683$3,240$2,148
13 years$4,888$4,278$3,734$3,251$2,826$1,798
14 years$4,492$3,888$3,355$2,886$2,477$1,511
15 years$4,150$3,552$3,029$2,574$2,181$1,275
16 years$3,850$3,259$2,746$2,305$1,928$1,079
17 years$3,586$3,001$2,499$2,071$1,709$915
18 years$3,351$2,773$2,281$1,866$1,520$778
19 years$3,142$2,570$2,088$1,686$1,355$662
20 years$2,953$2,388$1,916$1,527$1,210$565
21 years$2,783$2,225$1,763$1,386$1,083$482
22 years$2,629$2,077$1,625$1,260$970$412
23 years$2,488$1,942$1,500$1,148$871$352
24 years$2,359$1,820$1,387$1,047$783$302
25 years$2,240$1,708$1,285$956$705$258
26 years$2,131$1,605$1,192$874$635$221
27 years$2,030$1,511$1,107$800$572$190
28 years$1,937$1,423$1,029$733$516$163
29 years$1,850$1,343$957$672$466$140
30 years$1,769$1,268$892$617$421$120
31 years$1,693$1,199$831$567$381$103
32 years$1,623$1,134$776$521$345$88
33 years$1,556$1,074$724$479$312$76
34 years$1,494$1,018$677$441$282$65
35 years$1,435$966$633$406$256$56
36 years$1,380$917$592$374$232$48
37 years$1,328$871$554$344$210$41
38 years$1,279$827$519$317$190$36
39 years$1,232$787$486$292$173$31
40 years$1,188$748$456$270$157$26
41 years$1,146$712$427$249$142$23
42 years$1,106$679$401$230$129$19
43 years$1,069$646$376$212$117$17
44 years$1,032$616$353$196$106$14
45 years$998$588$331$181$96$12
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 $5,166 every year, while hoping to spend $33,527 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: 57/17/26 Blend
50$869,000$869,000$869,000$869,000
51$962,967$916,910$903,440$1,010,753
52$1,025,517$926,166$898,033$1,053,324
53$1,093,323$934,752$891,321$1,095,728
54$1,166,887$942,599$883,225$1,141,247
55$1,246,759$949,636$873,662$1,190,193
56$1,333,544$955,784$862,546$1,242,908
57$1,427,910$960,961$849,785$1,299,773
58$1,530,588$965,080$835,284$1,361,206
59$1,642,386$968,047$818,945$1,427,671
60$1,764,192$969,764$800,661$1,499,680
61$1,896,981$970,124$780,325$1,577,798
62$2,041,829$969,016$757,823$1,662,651
63$2,199,920$966,322$733,034$1,754,928
64$2,372,556$961,916$705,834$1,855,391
65$2,561,170$955,663$676,093$1,964,883
66$2,767,341$947,422$643,674$2,084,333
67$2,992,806$937,043$608,434$2,214,767
68$3,239,480$924,365$570,224$2,357,319
69$3,509,469$909,221$528,888$2,513,241
70$3,805,093$891,431$484,264$2,683,914
71$4,128,907$870,806$436,181$2,870,863
72$4,483,724$847,144$384,462$3,075,774
73$4,872,644$820,233$328,921$3,300,503
74$5,299,077$789,849$269,364$3,547,103
75$5,766,784$755,753$205,589$3,817,838
76$6,279,904$717,692$137,384$4,115,207
77$6,842,997$675,402$64,529$4,441,967
78$7,461,085$628,599$0$4,801,162
79$8,139,701$576,986$0$5,199,816
80$8,884,941$520,248$0$5,657,310
81$9,703,516$458,052$0$6,159,881
82$10,602,825$390,046$0$6,712,110
83$11,591,013$315,859$0$7,319,050
84$12,677,058$235,098$0$7,986,267
85$13,870,848$147,347$0$8,719,899
86$15,183,278$52,170$0$9,526,711
87$16,626,350$0$0$10,414,158
88$18,213,288$0$0$11,399,981
89$19,958,662$0$0$12,495,044
90$21,878,524$0$0$13,699,669
91$23,990,560$0$0$15,024,966
92$26,314,258$0$0$16,483,173
93$28,871,087$0$0$18,087,775
94$31,684,706$0$0$19,853,631
95$34,781,179$0$0$21,797,113
96$38,189,230$0$0$23,936,260
97$41,940,502$0$0$26,290,949
98$46,069,868$0$0$28,883,081
99$50,615,749$0$0$31,736,791
100$55,620,483$0$0$34,878,670