Can I retire at age 51 with 873,000?

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 $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%20%
1 years$72,092$71,449$70,823$70,211$69,614$66,826
2 years$35,689$35,024$34,380$33,755$33,150$30,375
3 years$23,556$22,889$22,246$21,627$21,031$18,359
4 years$17,491$16,826$16,190$15,581$15,000$12,449
5 years$13,853$13,191$12,564$11,968$11,403$8,980
6 years$11,428$10,772$10,153$9,571$9,023$6,730
7 years$9,697$9,046$8,437$7,869$7,338$5,174
8 years$8,399$7,754$7,156$6,601$6,087$4,050
9 years$7,390$6,751$6,163$5,623$5,126$3,213
10 years$6,584$5,951$5,373$4,847$4,368$2,574
11 years$5,924$5,298$4,730$4,218$3,757$2,079
12 years$5,375$4,755$4,198$3,700$3,255$1,688
13 years$4,911$4,297$3,751$3,266$2,839$1,378
14 years$4,513$3,906$3,370$2,900$2,488$1,129
15 years$4,169$3,568$3,043$2,586$2,191$928
16 years$3,868$3,274$2,759$2,315$1,936$764
17 years$3,602$3,015$2,510$2,080$1,717$631
18 years$3,367$2,786$2,292$1,875$1,527$522
19 years$3,156$2,582$2,098$1,694$1,361$432
20 years$2,967$2,399$1,925$1,534$1,215$358
21 years$2,796$2,235$1,771$1,392$1,088$297
22 years$2,641$2,086$1,632$1,266$975$247
23 years$2,499$1,951$1,507$1,153$875$205
24 years$2,370$1,828$1,394$1,052$787$170
25 years$2,251$1,716$1,291$960$708$142
26 years$2,141$1,612$1,197$878$638$118
27 years$2,040$1,517$1,112$804$575$98
28 years$1,946$1,430$1,033$736$519$82
29 years$1,858$1,349$962$675$468$68
30 years$1,777$1,274$896$620$423$57
31 years$1,701$1,204$835$569$383$47
32 years$1,630$1,140$779$523$346$39
33 years$1,563$1,079$728$481$313$33
34 years$1,501$1,023$680$443$284$27
35 years$1,442$970$636$407$257$23
36 years$1,387$921$595$375$233$19
37 years$1,334$875$556$346$211$16
38 years$1,285$831$521$319$191$13
39 years$1,238$790$488$294$173$11
40 years$1,194$752$458$271$157$9
41 years$1,151$716$429$250$143$8
42 years$1,111$682$403$231$129$6
43 years$1,073$649$378$213$118$5
44 years$1,037$619$355$197$107$4
45 years$1,003$590$333$182$97$4
46 years$970$563$313$168$88$3
47 years$938$537$294$155$80$3
48 years$908$513$276$143$73$2
49 years$880$490$259$132$66$2
50 years$852$468$244$122$60$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $873,000, adding $6,442 every year, while hoping to spend $52,969 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: 52/37/11 Blend
50$873,000$873,000$873,000$873,000
51$968,691$922,422$908,890$1,015,948
52$1,011,139$911,262$882,980$1,037,711
53$1,056,141$897,780$854,426$1,055,153
54$1,103,902$881,806$823,084$1,072,897
55$1,154,646$863,160$788,803$1,090,982
56$1,208,618$841,653$751,425$1,109,459
57$1,266,085$817,082$710,786$1,128,383
58$1,327,340$789,233$666,712$1,147,821
59$1,392,705$757,882$619,023$1,167,848
60$1,462,532$722,789$567,531$1,188,552
61$1,537,205$683,701$512,039$1,210,033
62$1,617,148$640,351$452,341$1,232,407
63$1,702,825$592,456$388,222$1,255,806
64$1,794,744$539,717$319,458$1,280,379
65$1,893,463$481,818$245,814$1,306,297
66$1,999,594$418,425$167,047$1,333,754
67$2,113,810$349,185$82,900$1,362,969
68$2,236,849$273,725$0$1,394,191
69$2,369,522$191,652$0$1,428,509
70$2,512,720$102,550$0$1,475,867
71$2,667,422$5,979$0$1,526,915
72$2,834,703$0$0$1,582,089
73$3,015,745$0$0$1,681,989
74$3,211,849$0$0$1,792,911
75$3,424,443$0$0$1,913,236
76$3,655,099$0$0$2,043,864
77$3,905,544$0$0$2,185,784
78$4,177,681$0$0$2,340,083
79$4,473,599$0$0$2,507,958
80$4,795,599$0$0$2,690,726
81$5,146,212$0$0$2,889,835
82$5,528,224$0$0$3,106,880
83$5,944,700$0$0$3,343,616
84$6,399,013$0$0$3,601,973
85$6,894,876$0$0$3,884,077
86$7,436,378$0$0$4,192,270
87$8,028,016$0$0$4,529,127
88$8,674,746$0$0$4,897,484
89$9,382,019$0$0$5,300,465
90$10,155,842$0$0$5,741,509
91$11,002,825$0$0$6,224,401
92$11,930,251$0$0$6,753,312
93$12,946,135$0$0$7,332,834
94$14,059,308$0$0$7,968,023
95$15,279,493$0$0$8,664,450
96$16,617,401$0$0$9,428,248
97$18,084,827$0$0$10,266,175
98$19,694,762$0$0$11,185,672
99$21,461,517$0$0$12,194,936
100$23,400,854$0$0$13,302,998