Can I retire at age 51 with 922,000?

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 $922,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$76,138$75,460$74,798$74,152$73,522$72,363
2 years$37,692$36,990$36,310$35,650$35,010$33,846
3 years$24,878$24,173$23,495$22,841$22,212$21,078
4 years$18,473$17,770$17,098$16,456$15,842$14,748
5 years$14,631$13,932$13,269$12,640$12,043$10,991
6 years$12,070$11,376$10,723$10,108$9,529$8,521
7 years$10,241$9,554$8,911$8,310$7,750$6,785
8 years$8,871$8,189$7,557$6,971$6,429$5,509
9 years$7,805$7,130$6,509$5,938$5,414$4,537
10 years$6,953$6,285$5,675$5,119$4,613$3,779
11 years$6,257$5,595$4,996$4,455$3,967$3,175
12 years$5,677$5,022$4,434$3,907$3,438$2,686
13 years$5,186$4,538$3,961$3,450$2,998$2,286
14 years$4,766$4,125$3,559$3,062$2,628$1,954
15 years$4,403$3,769$3,214$2,731$2,314$1,678
16 years$4,085$3,458$2,914$2,445$2,045$1,445
17 years$3,805$3,184$2,651$2,197$1,813$1,248
18 years$3,556$2,942$2,420$1,980$1,612$1,080
19 years$3,333$2,727$2,216$1,789$1,437$937
20 years$3,134$2,534$2,033$1,620$1,284$814
21 years$2,953$2,360$1,870$1,471$1,149$708
22 years$2,789$2,203$1,724$1,337$1,030$617
23 years$2,640$2,061$1,592$1,218$924$538
24 years$2,503$1,931$1,472$1,111$831$470
25 years$2,377$1,812$1,363$1,014$748$411
26 years$2,261$1,703$1,264$927$673$359
27 years$2,154$1,603$1,174$849$607$314
28 years$2,055$1,510$1,091$778$548$275
29 years$1,963$1,425$1,016$713$495$241
30 years$1,877$1,345$946$655$447$211
31 years$1,797$1,272$882$601$404$185
32 years$1,722$1,203$823$552$366$162
33 years$1,651$1,140$768$508$331$142
34 years$1,585$1,080$718$467$300$125
35 years$1,523$1,025$671$430$271$109
36 years$1,464$972$628$396$246$96
37 years$1,409$924$588$365$223$84
38 years$1,357$878$550$337$202$74
39 years$1,307$835$516$310$183$65
40 years$1,261$794$483$286$166$57
41 years$1,216$756$453$264$151$50
42 years$1,174$720$425$244$137$44
43 years$1,134$686$399$225$124$39
44 years$1,095$654$374$208$113$34
45 years$1,059$623$352$192$102$30
46 years$1,024$595$330$177$93$26
47 years$991$568$310$164$84$23
48 years$959$542$292$151$77$20
49 years$929$517$274$140$70$18
50 years$900$494$258$129$63$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $922,000, adding $2,371 every year, while hoping to spend $37,704 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: 81/7/12 Blend
50$922,000$922,000$922,000$922,000
51$1,018,490$969,624$955,333$1,098,584
52$1,082,259$977,018$947,220$1,158,876
53$1,151,269$983,512$937,571$1,219,870
54$1,226,014$989,020$926,296$1,285,712
55$1,307,039$993,454$913,298$1,356,872
56$1,394,942$996,717$898,478$1,433,862
57$1,490,380$998,711$881,731$1,517,250
58$1,594,077$999,326$862,948$1,607,661
59$1,706,829$998,449$842,013$1,705,782
60$1,829,512$995,959$818,806$1,812,372
61$1,963,089$991,728$793,203$1,928,265
62$2,108,620$985,619$765,071$2,054,382
63$2,267,273$977,487$734,274$2,191,737
64$2,440,330$967,179$700,668$2,341,447
65$2,629,205$954,533$664,102$2,504,742
66$2,835,455$939,376$624,421$2,682,981
67$3,060,792$921,526$581,459$2,877,658
68$3,307,100$900,788$535,046$3,090,420
69$3,576,457$876,959$485,002$3,323,084
70$3,871,147$849,822$431,141$3,577,650
71$4,193,687$819,146$373,267$3,856,325
72$4,546,848$784,689$311,176$4,161,538
73$4,933,681$746,193$244,656$4,495,968
74$5,357,548$703,388$173,483$4,862,568
75$5,822,149$655,986$97,426$5,264,592
76$6,331,561$603,681$16,242$5,705,627
77$6,890,272$546,154$0$6,189,623
78$7,503,228$483,064$0$6,729,953
79$8,175,876$414,052$0$7,325,207
80$8,914,213$338,739$0$7,978,633
81$9,724,850$256,724$0$8,696,099
82$10,615,066$167,585$0$9,484,073
83$11,592,879$70,873$0$10,349,678
84$12,667,125$0$0$11,300,766
85$13,847,534$0$0$12,348,598
86$15,144,828$0$0$13,506,211
87$16,570,819$0$0$14,778,689
88$18,138,519$0$0$16,177,648
89$19,862,265$0$0$17,715,884
90$21,757,853$0$0$19,407,496
91$23,842,684$0$0$21,268,017
92$26,135,931$0$0$23,314,561
93$28,658,721$0$0$25,565,984
94$31,434,329$0$0$28,043,063
95$34,488,399$0$0$30,768,688
96$37,849,190$0$0$33,768,082
97$41,547,834$0$0$37,069,035
98$45,618,639$0$0$40,702,169
99$50,099,403$0$0$44,701,223
100$55,031,775$0$0$49,103,375