Can I retire at age 51 with 872,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.8%
1 years$72,009$71,368$70,742$70,131$69,535$68,158
2 years$35,648$34,984$34,341$33,717$33,112$31,731
3 years$23,529$22,862$22,221$21,603$21,007$19,665
4 years$17,471$16,806$16,171$15,564$14,983$13,690
5 years$13,837$13,176$12,549$11,954$11,390$10,149
6 years$11,415$10,760$10,142$9,560$9,012$7,826
7 years$9,686$9,036$8,428$7,860$7,329$6,197
8 years$8,390$7,745$7,147$6,593$6,080$5,002
9 years$7,382$6,744$6,156$5,616$5,121$4,095
10 years$6,576$5,944$5,367$4,841$4,363$3,390
11 years$5,918$5,292$4,725$4,213$3,752$2,830
12 years$5,369$4,750$4,193$3,696$3,252$2,379
13 years$4,905$4,292$3,746$3,263$2,836$2,011
14 years$4,508$3,902$3,366$2,896$2,486$1,708
15 years$4,164$3,564$3,039$2,583$2,189$1,456
16 years$3,863$3,270$2,756$2,313$1,934$1,245
17 years$3,598$3,012$2,507$2,078$1,715$1,068
18 years$3,363$2,783$2,289$1,873$1,525$918
19 years$3,153$2,579$2,095$1,692$1,359$790
20 years$2,964$2,397$1,923$1,533$1,214$681
21 years$2,793$2,232$1,769$1,391$1,086$588
22 years$2,638$2,084$1,630$1,265$974$509
23 years$2,496$1,949$1,505$1,152$874$440
24 years$2,367$1,826$1,392$1,050$786$381
25 years$2,248$1,714$1,289$959$707$331
26 years$2,139$1,611$1,196$877$637$287
27 years$2,037$1,516$1,110$803$574$249
28 years$1,943$1,428$1,032$736$518$216
29 years$1,856$1,347$961$675$468$188
30 years$1,775$1,272$895$619$423$163
31 years$1,699$1,203$834$569$382$142
32 years$1,628$1,138$778$523$346$123
33 years$1,562$1,078$727$481$313$107
34 years$1,499$1,022$679$442$283$93
35 years$1,440$969$635$407$257$81
36 years$1,385$920$594$375$232$71
37 years$1,333$874$556$345$211$61
38 years$1,283$830$521$318$191$53
39 years$1,236$789$488$294$173$47
40 years$1,192$751$457$271$157$41
41 years$1,150$715$429$250$143$35
42 years$1,110$681$402$231$129$31
43 years$1,072$649$377$213$117$27
44 years$1,036$618$354$196$107$23
45 years$1,002$590$333$181$97$20
46 years$969$563$312$168$88$18
47 years$937$537$293$155$80$15
48 years$907$512$276$143$72$13
49 years$879$489$259$132$66$12
50 years$851$467$244$122$60$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $872,000, adding $5,971 every year, while hoping to spend $31,809 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: 69/20/11 Blend
50$872,000$872,000$872,000$872,000
51$967,103$920,887$907,371$1,031,206
52$1,031,903$932,166$903,923$1,085,808
53$1,102,247$942,932$899,294$1,141,117
54$1,178,665$953,125$893,410$1,200,787
55$1,261,745$962,683$886,195$1,265,239
56$1,352,128$971,540$877,568$1,334,940
57$1,450,523$979,624$867,445$1,410,404
58$1,557,710$986,859$855,738$1,492,198
59$1,674,546$993,164$842,354$1,580,947
60$1,801,974$998,454$827,198$1,677,339
61$1,941,034$1,002,637$810,167$1,782,133
62$2,092,869$1,005,615$791,157$1,896,167
63$2,258,736$1,007,285$770,056$2,020,363
64$2,440,023$1,007,538$746,748$2,155,739
65$2,638,255$1,006,257$721,113$2,303,416
66$2,855,110$1,003,317$693,024$2,464,632
67$3,092,439$998,587$662,348$2,640,751
68$3,352,278$991,928$628,947$2,833,275
69$3,636,869$983,191$592,676$3,043,863
70$3,948,682$972,220$553,383$3,274,343
71$4,290,438$958,848$510,911$3,526,729
72$4,665,130$942,900$465,094$3,803,244
73$5,076,059$924,187$415,760$4,106,338
74$5,526,857$902,513$362,729$4,438,711
75$6,021,528$877,668$305,812$4,803,343
76$6,564,480$849,429$244,812$5,203,516
77$7,160,568$817,562$179,525$5,642,850
78$7,815,143$781,820$109,735$6,125,336
79$8,534,096$741,938$35,220$6,655,376
80$9,323,919$697,638$0$7,237,819
81$10,191,764$648,628$0$7,883,215
82$11,145,509$594,595$0$8,597,009
83$12,193,832$535,212$0$9,381,594
84$13,346,296$470,130$0$10,244,167
85$14,613,435$398,983$0$11,192,662
86$16,006,856$321,384$0$12,235,822
87$17,539,345$236,921$0$13,383,285
88$19,224,991$145,164$0$14,645,672
89$21,079,318$45,654$0$16,034,690
90$23,119,427$0$0$17,563,243
91$25,364,162$0$0$19,259,218
92$27,834,288$0$0$21,136,595
93$30,552,679$0$0$23,202,723
94$33,544,545$0$0$25,476,767
95$36,837,659$0$0$27,979,845
96$40,462,625$0$0$30,735,227
97$44,453,164$0$0$33,768,554
98$48,846,435$0$0$37,108,077
99$53,683,378$0$0$40,784,928
100$59,009,110$0$0$44,833,411