Can I retire at age 51 with 882,000?

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 $882,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$72,835$72,186$71,553$70,935$70,332$69,568
2 years$36,057$35,385$34,734$34,103$33,491$32,723
3 years$23,799$23,125$22,475$21,850$21,248$20,498
4 years$17,671$16,999$16,356$15,742$15,154$14,429
5 years$13,996$13,327$12,693$12,091$11,520$10,821
6 years$11,546$10,883$10,258$9,670$9,116$8,444
7 years$9,797$9,139$8,524$7,950$7,413$6,769
8 years$8,486$7,834$7,229$6,669$6,150$5,534
9 years$7,467$6,821$6,227$5,680$5,179$4,590
10 years$6,652$6,012$5,429$4,897$4,413$3,851
11 years$5,985$5,353$4,779$4,262$3,795$3,260
12 years$5,431$4,804$4,241$3,738$3,289$2,779
13 years$4,961$4,342$3,789$3,300$2,868$2,384
14 years$4,560$3,946$3,405$2,929$2,514$2,054
15 years$4,212$3,605$3,074$2,613$2,214$1,778
16 years$3,908$3,308$2,787$2,339$1,956$1,544
17 years$3,640$3,046$2,536$2,102$1,735$1,345
18 years$3,402$2,815$2,315$1,894$1,542$1,174
19 years$3,189$2,609$2,119$1,711$1,375$1,027
20 years$2,998$2,424$1,945$1,550$1,228$901
21 years$2,825$2,258$1,789$1,407$1,099$791
22 years$2,668$2,108$1,649$1,279$985$695
23 years$2,525$1,971$1,523$1,165$884$612
24 years$2,394$1,847$1,408$1,062$795$539
25 years$2,274$1,733$1,304$970$715$476
26 years$2,163$1,629$1,210$887$644$420
27 years$2,061$1,533$1,123$812$581$371
28 years$1,966$1,445$1,044$744$524$328
29 years$1,878$1,363$972$682$473$290
30 years$1,795$1,287$905$626$428$257
31 years$1,719$1,217$844$575$387$227
32 years$1,647$1,151$787$529$350$201
33 years$1,580$1,090$735$486$316$178
34 years$1,516$1,033$687$447$287$158
35 years$1,457$980$642$412$260$140
36 years$1,401$930$601$379$235$124
37 years$1,348$884$562$349$213$110
38 years$1,298$840$526$322$193$98
39 years$1,251$798$493$297$175$87
40 years$1,206$760$462$274$159$77
41 years$1,163$723$434$253$144$68
42 years$1,123$689$407$233$131$60
43 years$1,085$656$382$215$119$54
44 years$1,048$625$358$199$108$48
45 years$1,013$596$336$184$98$42
46 years$980$569$316$170$89$37
47 years$948$543$297$157$81$33
48 years$918$518$279$145$73$30
49 years$889$495$262$134$67$26
50 years$861$473$246$124$60$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $882,000, adding $2,497 every year, while hoping to spend $36,435 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: 64/19/17 Blend
50$882,000$882,000$882,000$882,000
51$974,540$927,794$914,123$1,032,642
52$1,035,176$934,489$905,979$1,078,630
53$1,100,776$940,291$896,342$1,124,458
54$1,171,808$945,118$885,122$1,173,647
55$1,248,786$948,882$872,227$1,226,527
56$1,332,275$951,491$857,560$1,283,461
57$1,422,898$952,845$841,019$1,344,850
58$1,521,339$952,839$822,498$1,411,138
59$1,628,349$951,362$801,885$1,482,812
60$1,744,757$948,295$779,065$1,560,414
61$1,871,474$943,513$753,915$1,644,539
62$2,009,502$936,882$726,309$1,735,844
63$2,159,943$928,262$696,112$1,835,058
64$2,324,012$917,501$663,186$1,942,980
65$2,503,044$904,441$627,386$2,060,497
66$2,698,509$888,914$588,558$2,188,586
67$2,912,027$870,741$546,545$2,328,323
68$3,145,380$849,733$501,180$2,480,901
69$3,400,528$825,690$452,289$2,647,631
70$3,679,633$798,399$399,692$2,829,964
71$3,985,073$767,638$343,198$3,029,499
72$4,319,465$733,168$282,611$3,248,001
73$4,685,696$694,738$217,723$3,487,418
74$5,086,939$652,083$148,320$3,749,900
75$5,526,694$604,921$74,175$4,037,817
76$6,008,811$552,957$0$4,353,787
77$6,537,534$495,876$0$4,701,594
78$7,117,535$433,346$0$5,097,941
79$7,753,961$365,018$0$5,532,920
80$8,452,481$290,520$0$6,010,455
81$9,219,341$209,461$0$6,534,872
82$10,061,418$121,429$0$7,110,940
83$10,986,290$25,988$0$7,743,917
84$12,002,306$0$0$8,439,596
85$13,118,661$0$0$9,220,535
86$14,345,486$0$0$10,084,788
87$15,693,942$0$0$11,034,794
88$17,176,325$0$0$12,079,224
89$18,806,181$0$0$13,227,629
90$20,598,435$0$0$14,490,537
91$22,569,531$0$0$15,879,542
92$24,737,586$0$0$17,407,421
93$27,122,560$0$0$19,088,251
94$29,746,446$0$0$20,937,542
95$32,633,476$0$0$22,972,383
96$35,810,350$0$0$25,211,602
97$39,306,484$0$0$27,675,947
98$43,154,294$0$0$30,388,278
99$47,389,495$0$0$33,373,781
100$52,051,440$0$0$36,660,212