Can I retire at age 51 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$72,009$71,368$70,742$70,131$69,535$68,439
2 years$35,648$34,984$34,341$33,717$33,112$32,011
3 years$23,529$22,862$22,221$21,603$21,007$19,935
4 years$17,471$16,806$16,171$15,564$14,983$13,948
5 years$13,837$13,176$12,549$11,954$11,390$10,395
6 years$11,415$10,760$10,142$9,560$9,012$8,059
7 years$9,686$9,036$8,428$7,860$7,329$6,417
8 years$8,390$7,745$7,147$6,593$6,080$5,210
9 years$7,382$6,744$6,156$5,616$5,121$4,291
10 years$6,576$5,944$5,367$4,841$4,363$3,574
11 years$5,918$5,292$4,725$4,213$3,752$3,003
12 years$5,369$4,750$4,193$3,696$3,252$2,541
13 years$4,905$4,292$3,746$3,263$2,836$2,162
14 years$4,508$3,902$3,366$2,896$2,486$1,849
15 years$4,164$3,564$3,039$2,583$2,189$1,587
16 years$3,863$3,270$2,756$2,313$1,934$1,366
17 years$3,598$3,012$2,507$2,078$1,715$1,180
18 years$3,363$2,783$2,289$1,873$1,525$1,021
19 years$3,153$2,579$2,095$1,692$1,359$886
20 years$2,964$2,397$1,923$1,533$1,214$770
21 years$2,793$2,232$1,769$1,391$1,086$670
22 years$2,638$2,084$1,630$1,265$974$584
23 years$2,496$1,949$1,505$1,152$874$509
24 years$2,367$1,826$1,392$1,050$786$444
25 years$2,248$1,714$1,289$959$707$388
26 years$2,139$1,611$1,196$877$637$339
27 years$2,037$1,516$1,110$803$574$297
28 years$1,943$1,428$1,032$736$518$260
29 years$1,856$1,347$961$675$468$228
30 years$1,775$1,272$895$619$423$200
31 years$1,699$1,203$834$569$382$175
32 years$1,628$1,138$778$523$346$153
33 years$1,562$1,078$727$481$313$134
34 years$1,499$1,022$679$442$283$118
35 years$1,440$969$635$407$257$103
36 years$1,385$920$594$375$232$91
37 years$1,333$874$556$345$211$80
38 years$1,283$830$521$318$191$70
39 years$1,236$789$488$294$173$61
40 years$1,192$751$457$271$157$54
41 years$1,150$715$429$250$143$47
42 years$1,110$681$402$231$129$42
43 years$1,072$649$377$213$117$37
44 years$1,036$618$354$196$107$32
45 years$1,002$590$333$181$97$28
46 years$969$563$312$168$88$25
47 years$937$537$293$155$80$22
48 years$907$512$276$143$72$19
49 years$879$489$259$132$66$17
50 years$851$467$244$122$60$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $872,000, adding $2,468 every year, while hoping to spend $35,025 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: 44/27/29 Blend
50$872,000$872,000$872,000$872,000
51$963,490$917,274$903,758$997,673
52$1,024,499$924,954$896,767$1,030,036
53$1,090,558$931,836$888,369$1,061,578
54$1,162,144$937,845$878,478$1,095,109
55$1,239,783$942,900$867,007$1,130,832
56$1,324,052$946,913$853,863$1,168,978
57$1,415,588$949,795$838,950$1,209,798
58$1,515,090$951,446$822,167$1,253,575
59$1,623,327$951,765$803,407$1,300,621
60$1,741,145$950,641$782,561$1,351,281
61$1,869,477$947,957$759,512$1,405,940
62$2,009,346$943,590$734,138$1,465,024
63$2,161,882$937,408$706,314$1,529,004
64$2,328,325$929,272$675,907$1,598,403
65$2,510,042$919,035$642,778$1,673,800
66$2,708,538$906,538$606,782$1,755,838
67$2,925,468$891,618$567,768$1,845,227
68$3,162,655$874,097$525,578$1,942,754
69$3,422,107$853,789$480,046$2,049,290
70$3,706,035$830,498$431,001$2,165,799
71$4,016,872$804,013$378,260$2,293,348
72$4,357,298$774,115$321,637$2,433,119
73$4,730,265$740,569$260,934$2,586,416
74$5,139,022$703,127$195,946$2,754,685
75$5,587,151$661,529$126,459$2,939,522
76$6,078,593$615,497$52,248$3,142,695
77$6,617,691$564,738$0$3,366,157
78$7,209,228$508,942$0$3,620,403
79$7,858,473$447,784$0$3,917,277
80$8,571,229$380,917$0$4,243,311
81$9,353,888$307,976$0$4,601,499
82$10,213,493$228,575$0$4,995,146
83$11,157,801$142,307$0$5,427,898
84$12,195,358$48,741$0$5,903,776
85$13,335,579$0$0$6,427,216
86$14,588,836$0$0$7,018,731
87$15,966,556$0$0$7,685,024
88$17,481,327$0$0$8,417,716
89$19,147,020$0$0$9,223,530
90$20,978,915$0$0$10,109,875
91$22,993,848$0$0$11,084,911
92$25,210,371$0$0$12,157,631
93$27,648,919$0$0$13,337,944
94$30,332,013$0$0$14,636,766
95$33,284,464$0$0$16,066,126
96$36,533,610$0$0$17,639,277
97$40,109,575$0$0$19,370,824
98$44,045,548$0$0$21,276,857
99$48,378,102$0$0$23,375,107
100$53,147,533$0$0$25,685,111