Can I retire at age 51 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$72,257$71,613$70,985$70,372$69,774$67,839
2 years$35,771$35,104$34,459$33,833$33,226$31,291
3 years$23,610$22,941$22,297$21,677$21,080$19,206
4 years$17,531$16,864$16,227$15,617$15,034$13,235
5 years$13,885$13,222$12,593$11,995$11,429$9,710
6 years$11,455$10,797$10,177$9,593$9,043$7,406
7 years$9,719$9,067$8,457$7,887$7,355$5,798
8 years$8,419$7,772$7,172$6,616$6,101$4,626
9 years$7,407$6,767$6,177$5,635$5,138$3,742
10 years$6,599$5,965$5,385$4,858$4,378$3,059
11 years$5,938$5,310$4,741$4,228$3,765$2,522
12 years$5,387$4,766$4,208$3,708$3,263$2,093
13 years$4,922$4,307$3,759$3,274$2,845$1,746
14 years$4,523$3,915$3,378$2,906$2,494$1,462
15 years$4,178$3,576$3,050$2,592$2,196$1,229
16 years$3,877$3,281$2,765$2,321$1,941$1,036
17 years$3,611$3,022$2,516$2,085$1,721$876
18 years$3,375$2,792$2,297$1,879$1,530$742
19 years$3,164$2,588$2,103$1,698$1,364$629
20 years$2,974$2,405$1,930$1,538$1,218$534
21 years$2,802$2,240$1,775$1,396$1,090$454
22 years$2,647$2,091$1,636$1,269$977$387
23 years$2,505$1,956$1,510$1,156$877$330
24 years$2,375$1,832$1,397$1,054$788$281
25 years$2,256$1,720$1,294$963$709$240
26 years$2,146$1,616$1,200$880$639$205
27 years$2,044$1,521$1,114$806$576$175
28 years$1,950$1,433$1,036$738$520$149
29 years$1,863$1,352$964$677$469$128
30 years$1,781$1,277$898$621$424$109
31 years$1,705$1,207$837$571$383$93
32 years$1,634$1,142$781$524$347$80
33 years$1,567$1,082$729$482$314$68
34 years$1,504$1,025$681$444$284$58
35 years$1,445$972$637$408$257$50
36 years$1,390$923$596$376$233$43
37 years$1,337$877$558$347$211$37
38 years$1,288$833$522$319$192$31
39 years$1,241$792$489$295$174$27
40 years$1,196$754$459$272$158$23
41 years$1,154$717$430$251$143$20
42 years$1,114$683$403$231$130$17
43 years$1,076$651$379$214$118$14
44 years$1,040$620$355$197$107$12
45 years$1,005$592$334$182$97$11
46 years$972$564$313$168$88$9
47 years$941$539$294$155$80$8
48 years$911$514$277$144$73$7
49 years$882$491$260$133$66$6
50 years$854$469$244$123$60$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $875,000, adding $3,703 every year, while hoping to spend $27,095 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: 46/41/13 Blend
50$875,000$875,000$875,000$875,000
51$968,070$921,695$908,132$1,008,885
52$1,037,984$938,029$909,726$1,053,895
53$1,114,121$954,255$910,465$1,099,634
54$1,197,088$970,340$910,291$1,148,653
55$1,287,551$986,247$909,146$1,201,267
56$1,386,245$1,001,936$906,966$1,257,822
57$1,493,977$1,017,367$903,685$1,318,703
58$1,611,638$1,032,492$899,233$1,384,331
59$1,740,206$1,047,266$893,539$1,455,171
60$1,880,759$1,061,635$886,525$1,531,739
61$2,034,486$1,075,544$878,113$1,614,601
62$2,202,692$1,088,934$868,218$1,704,383
63$2,386,817$1,101,742$856,753$1,801,776
64$2,588,445$1,113,900$843,627$1,907,542
65$2,809,321$1,125,336$828,744$2,022,522
66$3,051,368$1,135,974$812,003$2,147,643
67$3,316,702$1,145,731$793,300$2,283,930
68$3,607,654$1,154,520$772,524$2,432,511
69$3,926,792$1,162,248$749,560$2,594,633
70$4,276,943$1,168,817$724,288$2,771,671
71$4,661,222$1,174,120$696,583$2,965,142
72$5,083,061$1,178,046$666,313$3,176,719
73$5,546,239$1,180,476$633,340$3,408,248
74$6,054,919$1,181,283$597,520$3,661,768
75$6,613,688$1,180,333$558,705$3,939,523
76$7,227,598$1,177,483$516,735$4,243,994
77$7,902,215$1,172,582$471,448$4,577,915
78$8,643,671$1,165,469$422,672$4,944,302
79$9,458,722$1,155,973$370,228$5,346,483
80$10,354,810$1,143,915$313,929$5,788,128
81$11,340,135$1,129,101$253,580$6,273,284
82$12,423,731$1,111,329$188,977$6,806,416
83$13,615,552$1,090,384$119,908$7,392,450
84$14,926,562$1,066,037$46,149$8,036,816
85$16,368,846$1,038,047$0$8,745,504
86$17,955,716$1,006,159$0$9,529,638
87$19,701,840$970,101$0$10,399,111
88$21,623,379$929,588$0$11,355,584
89$23,738,142$884,316$0$12,407,954
90$26,065,750$833,966$0$13,566,029
91$28,627,823$778,196$0$14,840,624
92$31,448,184$716,650$0$16,243,659
93$34,553,081$648,949$0$17,788,278
94$37,971,440$574,692$0$19,488,971
95$41,735,130$493,455$0$21,361,711
96$45,879,270$404,791$0$23,424,108
97$50,442,558$308,229$0$25,695,576
98$55,467,635$203,268$0$28,197,514
99$61,001,488$89,382$0$30,953,516
100$67,095,893$0$0$33,989,587