Can I retire at age 51 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$74,321$73,659$73,013$72,383$71,767$70,782
2 years$36,793$36,107$35,443$34,799$34,175$33,184
3 years$24,285$23,597$22,934$22,296$21,682$20,717
4 years$18,032$17,346$16,690$16,063$15,464$14,531
5 years$14,281$13,599$12,952$12,338$11,755$10,858
6 years$11,782$11,105$10,467$9,867$9,302$8,441
7 years$9,997$9,326$8,698$8,112$7,565$6,740
8 years$8,659$7,994$7,377$6,805$6,276$5,488
9 years$7,619$6,960$6,354$5,796$5,285$4,533
10 years$6,787$6,135$5,539$4,997$4,503$3,787
11 years$6,108$5,462$4,877$4,348$3,873$3,192
12 years$5,541$4,902$4,328$3,814$3,356$2,709
13 years$5,063$4,430$3,867$3,367$2,927$2,313
14 years$4,653$4,027$3,474$2,989$2,565$1,984
15 years$4,298$3,679$3,137$2,666$2,259$1,709
16 years$3,987$3,375$2,844$2,387$1,996$1,477
17 years$3,714$3,108$2,588$2,145$1,770$1,280
18 years$3,471$2,872$2,362$1,933$1,574$1,112
19 years$3,254$2,662$2,163$1,746$1,403$968
20 years$3,059$2,474$1,985$1,582$1,253$844
21 years$2,883$2,304$1,826$1,436$1,121$737
22 years$2,722$2,151$1,683$1,305$1,005$645
23 years$2,577$2,012$1,554$1,189$902$565
24 years$2,443$1,885$1,437$1,084$811$495
25 years$2,320$1,769$1,331$990$730$434
26 years$2,207$1,662$1,234$905$657$381
27 years$2,103$1,564$1,146$829$593$335
28 years$2,006$1,474$1,065$759$535$294
29 years$1,916$1,391$991$696$483$259
30 years$1,832$1,313$924$639$436$228
31 years$1,754$1,242$861$587$394$200
32 years$1,680$1,175$803$539$357$176
33 years$1,612$1,113$750$496$323$155
34 years$1,547$1,054$701$456$292$137
35 years$1,487$1,000$655$420$265$121
36 years$1,429$949$613$387$240$106
37 years$1,375$902$574$356$217$94
38 years$1,324$857$537$329$197$83
39 years$1,276$815$503$303$179$73
40 years$1,230$775$472$279$162$64
41 years$1,187$738$442$258$147$57
42 years$1,146$703$415$238$133$50
43 years$1,107$670$389$220$121$44
44 years$1,069$638$366$203$110$39
45 years$1,034$609$343$187$100$34
46 years$1,000$581$322$173$91$30
47 years$968$554$303$160$82$27
48 years$937$529$285$148$75$24
49 years$907$505$267$136$68$21
50 years$879$482$251$126$62$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $900,000, adding $4,040 every year, while hoping to spend $33,702 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: 40/39/21 Blend
50$900,000$900,000$900,000$900,000
51$995,967$948,267$934,317$1,029,469
52$1,061,697$958,874$929,758$1,064,472
53$1,133,002$968,870$923,917$1,098,800
54$1,210,415$978,192$916,715$1,135,252
55$1,294,522$986,768$908,070$1,174,039
56$1,385,969$994,525$897,895$1,215,397
57$1,485,464$1,001,383$886,101$1,259,586
58$1,593,788$1,007,258$872,593$1,306,896
59$1,711,802$1,012,060$857,271$1,357,647
60$1,840,449$1,015,695$840,033$1,412,194
61$1,980,770$1,018,059$820,770$1,470,931
62$2,133,912$1,019,047$799,369$1,534,295
63$2,301,133$1,018,542$775,710$1,602,768
64$2,483,822$1,016,424$749,669$1,676,885
65$2,683,506$1,012,564$721,118$1,757,240
66$2,901,868$1,006,824$689,919$1,844,487
67$3,140,759$999,058$655,932$1,939,354
68$3,402,218$989,114$619,008$2,042,644
69$3,688,491$976,827$578,991$2,155,245
70$4,002,050$962,025$535,720$2,278,143
71$4,345,618$944,523$489,026$2,412,425
72$4,722,193$924,127$438,730$2,559,296
73$5,135,079$900,631$384,650$2,720,087
74$5,587,913$873,818$326,592$2,896,271
75$6,084,701$843,456$264,353$3,089,476
76$6,629,857$809,301$197,725$3,301,501
77$7,228,240$771,095$126,487$3,534,336
78$7,885,206$728,564$50,410$3,790,179
79$8,606,653$681,419$0$4,071,461
80$9,399,077$629,355$0$4,387,763
81$10,269,637$572,047$0$4,747,657
82$11,226,218$509,155$0$5,143,171
83$12,277,506$440,317$0$5,577,986
84$13,433,070$365,152$0$6,056,165
85$14,703,455$283,256$0$6,582,189
86$16,100,277$194,205$0$7,161,004
87$17,636,331$97,547$0$7,798,066
88$19,325,718$0$0$8,499,397
89$21,183,974$0$0$9,274,724
90$23,228,212$0$0$10,173,834
91$25,477,293$0$0$11,163,176
92$27,951,993$0$0$12,251,907
93$30,675,208$0$0$13,450,116
94$33,672,162$0$0$14,768,921
95$36,970,650$0$0$16,220,570
96$40,601,297$0$0$17,818,563
97$44,597,849$0$0$19,577,771
98$48,997,488$0$0$21,514,581
99$53,841,187$0$0$23,647,053
100$59,174,090$0$0$25,995,084