Can I retire at age 51 with 873,000?

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 $873,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$72,092$71,449$70,823$70,211$69,614$67,630
2 years$35,689$35,024$34,380$33,755$33,150$31,166
3 years$23,556$22,889$22,246$21,627$21,031$19,110
4 years$17,491$16,826$16,190$15,581$15,000$13,156
5 years$13,853$13,191$12,564$11,968$11,403$9,642
6 years$11,428$10,772$10,153$9,571$9,023$7,346
7 years$9,697$9,046$8,437$7,869$7,338$5,745
8 years$8,399$7,754$7,156$6,601$6,087$4,578
9 years$7,390$6,751$6,163$5,623$5,126$3,699
10 years$6,584$5,951$5,373$4,847$4,368$3,020
11 years$5,924$5,298$4,730$4,218$3,757$2,486
12 years$5,375$4,755$4,198$3,700$3,255$2,060
13 years$4,911$4,297$3,751$3,266$2,839$1,716
14 years$4,513$3,906$3,370$2,900$2,488$1,436
15 years$4,169$3,568$3,043$2,586$2,191$1,205
16 years$3,868$3,274$2,759$2,315$1,936$1,015
17 years$3,602$3,015$2,510$2,080$1,717$856
18 years$3,367$2,786$2,292$1,875$1,527$724
19 years$3,156$2,582$2,098$1,694$1,361$613
20 years$2,967$2,399$1,925$1,534$1,215$520
21 years$2,796$2,235$1,771$1,392$1,088$442
22 years$2,641$2,086$1,632$1,266$975$375
23 years$2,499$1,951$1,507$1,153$875$319
24 years$2,370$1,828$1,394$1,052$787$272
25 years$2,251$1,716$1,291$960$708$232
26 years$2,141$1,612$1,197$878$638$197
27 years$2,040$1,517$1,112$804$575$168
28 years$1,946$1,430$1,033$736$519$143
29 years$1,858$1,349$962$675$468$122
30 years$1,777$1,274$896$620$423$104
31 years$1,701$1,204$835$569$383$89
32 years$1,630$1,140$779$523$346$76
33 years$1,563$1,079$728$481$313$65
34 years$1,501$1,023$680$443$284$56
35 years$1,442$970$636$407$257$47
36 years$1,387$921$595$375$233$40
37 years$1,334$875$556$346$211$35
38 years$1,285$831$521$319$191$30
39 years$1,238$790$488$294$173$25
40 years$1,194$752$458$271$157$22
41 years$1,151$716$429$250$143$18
42 years$1,111$682$403$231$129$16
43 years$1,073$649$378$213$118$13
44 years$1,037$619$355$197$107$12
45 years$1,003$590$333$182$97$10
46 years$970$563$313$168$88$8
47 years$938$537$294$155$80$7
48 years$908$513$276$143$73$6
49 years$880$490$259$132$66$5
50 years$852$468$244$122$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $873,000, adding $2,587 every year, while hoping to spend $26,398 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: 55/28/17 Blend
50$873,000$873,000$873,000$873,000
51$964,714$918,445$904,914$1,013,267
52$1,035,028$935,362$907,141$1,063,566
53$1,111,629$952,223$908,559$1,115,262
54$1,195,130$968,997$909,111$1,170,965
55$1,286,208$985,652$908,740$1,231,065
56$1,385,604$1,002,152$907,386$1,295,991
57$1,494,137$1,018,459$904,984$1,366,216
58$1,612,707$1,034,531$901,470$1,442,263
59$1,742,306$1,050,326$896,771$1,524,707
60$1,884,024$1,065,795$890,816$1,614,183
61$2,039,064$1,080,888$883,528$1,711,391
62$2,208,748$1,095,552$874,826$1,817,103
63$2,394,534$1,109,727$864,626$1,932,170
64$2,598,025$1,123,352$852,840$2,057,531
65$2,820,989$1,136,362$839,375$2,194,222
66$3,065,371$1,148,685$824,135$2,343,384
67$3,333,314$1,160,245$807,019$2,506,275
68$3,627,178$1,170,964$787,920$2,684,286
69$3,949,564$1,180,754$766,729$2,878,946
70$4,303,333$1,189,525$743,329$3,091,944
71$4,691,641$1,197,180$717,598$3,325,141
72$5,117,962$1,203,615$689,411$3,580,592
73$5,586,122$1,208,720$658,634$3,860,561
74$6,100,337$1,212,379$625,129$4,167,543
75$6,665,252$1,214,466$588,752$4,504,292
76$7,285,983$1,214,850$549,350$4,873,843
77$7,968,166$1,213,390$506,766$5,279,544
78$8,718,010$1,209,937$460,834$5,725,086
79$9,542,357$1,204,334$411,382$6,214,538
80$10,448,744$1,196,412$358,229$6,752,387
81$11,445,473$1,185,994$301,187$7,343,582
82$12,541,694$1,172,890$240,059$7,993,577
83$13,747,485$1,156,901$174,640$8,708,387
84$15,073,954$1,137,814$104,716$9,494,643
85$16,533,336$1,115,405$30,062$10,359,656
86$18,139,112$1,089,436$0$11,311,487
87$19,906,138$1,059,655$0$12,368,021
88$21,850,781$1,025,795$0$13,536,461
89$23,991,076$987,574$0$14,822,197
90$26,346,893$944,693$0$16,237,183
91$28,940,128$896,835$0$17,794,598
92$31,794,908$843,666$0$19,508,967
93$34,937,816$784,834$0$21,396,296
94$38,398,145$719,963$0$23,474,232
95$42,208,174$648,658$0$25,762,220
96$46,403,467$570,503$0$28,281,696
97$51,023,218$485,054$0$31,056,282
98$56,110,611$391,846$0$34,112,016
99$61,713,233$290,387$0$37,477,595
100$67,883,522$180,155$0$41,184,649