Can I retire at age 51 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$76,551$75,869$75,204$74,554$73,920$73,209
2 years$37,896$37,191$36,507$35,843$35,200$34,484
3 years$25,013$24,304$23,622$22,965$22,332$21,633
4 years$18,573$17,866$17,191$16,545$15,928$15,251
5 years$14,710$14,007$13,341$12,708$12,108$11,455
6 years$12,135$11,438$10,781$10,163$9,581$8,953
7 years$10,297$9,606$8,959$8,355$7,792$7,190
8 years$8,919$8,234$7,598$7,009$6,464$5,887
9 years$7,848$7,169$6,544$5,970$5,444$4,892
10 years$6,991$6,319$5,706$5,146$4,638$4,112
11 years$6,291$5,626$5,023$4,479$3,989$3,487
12 years$5,708$5,049$4,458$3,929$3,457$2,979
13 years$5,215$4,563$3,983$3,468$3,014$2,560
14 years$4,792$4,148$3,579$3,079$2,642$2,211
15 years$4,427$3,789$3,231$2,746$2,327$1,917
16 years$4,107$3,476$2,929$2,459$2,056$1,668
17 years$3,825$3,202$2,666$2,209$1,823$1,456
18 years$3,575$2,958$2,433$1,991$1,621$1,274
19 years$3,352$2,742$2,228$1,799$1,445$1,117
20 years$3,151$2,548$2,044$1,629$1,291$981
21 years$2,969$2,373$1,880$1,479$1,155$864
22 years$2,804$2,215$1,733$1,344$1,035$761
23 years$2,654$2,072$1,600$1,224$929$671
24 years$2,516$1,941$1,480$1,117$835$593
25 years$2,390$1,822$1,371$1,020$752$524
26 years$2,273$1,712$1,271$932$677$464
27 years$2,166$1,611$1,180$854$610$411
28 years$2,066$1,518$1,097$782$551$364
29 years$1,973$1,432$1,021$717$497$323
30 years$1,887$1,353$951$658$449$286
31 years$1,806$1,279$887$604$406$254
32 years$1,731$1,210$827$555$368$225
33 years$1,660$1,146$773$511$333$200
34 years$1,594$1,086$722$470$301$178
35 years$1,531$1,030$675$433$273$158
36 years$1,472$978$631$398$247$140
37 years$1,417$929$591$367$224$125
38 years$1,364$883$553$338$203$111
39 years$1,314$839$518$312$184$99
40 years$1,267$798$486$288$167$88
41 years$1,223$760$456$266$152$78
42 years$1,180$724$427$245$137$69
43 years$1,140$690$401$226$125$62
44 years$1,101$657$376$209$113$55
45 years$1,065$627$353$193$103$49
46 years$1,030$598$332$178$93$44
47 years$997$571$312$165$85$39
48 years$965$545$293$152$77$35
49 years$934$520$276$141$70$31
50 years$905$497$259$130$64$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $927,000, adding $2,547 every year, while hoping to spend $37,805 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: 39/43/18 Blend
50$927,000$927,000$927,000$927,000
51$1,024,181$975,050$960,682$1,058,528
52$1,088,423$982,603$952,640$1,090,915
53$1,157,951$989,260$943,063$1,122,103
54$1,233,264$994,935$931,857$1,155,033
55$1,314,911$999,541$918,928$1,189,886
56$1,403,495$1,002,981$904,175$1,226,858
57$1,499,680$1,005,156$887,493$1,266,170
58$1,604,196$1,005,957$868,773$1,308,067
59$1,717,847$1,005,272$847,900$1,352,821
60$1,841,515$1,002,979$824,753$1,400,737
61$1,976,175$998,949$799,207$1,452,149
62$2,122,894$993,047$771,130$1,507,433
63$2,282,851$985,129$740,384$1,567,003
64$2,457,341$975,039$706,827$1,631,321
65$2,647,791$962,618$670,307$1,700,899
66$2,855,771$947,691$630,667$1,776,304
67$3,083,009$930,077$587,743$1,858,167
68$3,331,407$909,582$541,364$1,947,186
69$3,603,060$886,001$491,350$2,044,136
70$3,900,276$859,119$437,513$2,149,875
71$4,225,593$828,705$379,659$2,265,357
72$4,581,809$794,516$317,583$2,391,635
73$4,972,002$756,297$251,071$2,529,877
74$5,399,565$713,774$179,901$2,681,377
75$5,868,233$666,661$103,839$2,847,567
76$6,382,119$614,653$22,644$3,030,034
77$6,945,754$557,430$0$3,230,533
78$7,564,129$494,652$0$3,463,299
79$8,242,740$425,960$0$3,723,630
80$8,987,642$350,974$0$4,009,601
81$9,805,504$269,295$0$4,323,899
82$10,703,674$180,499$0$4,669,490
83$11,690,244$84,139$0$5,049,650
84$12,774,131$0$0$5,467,999
85$13,965,155$0$0$5,938,116
86$15,274,138$0$0$6,498,680
87$16,713,001$0$0$7,115,000
88$18,294,875$0$0$7,792,719
89$20,034,231$0$0$8,538,053
90$21,947,010$0$0$9,357,851
91$24,050,775$0$0$10,259,659
92$26,364,876$0$0$11,251,792
93$28,910,635$0$0$12,343,410
94$31,711,542$0$0$13,544,607
95$34,793,481$0$0$14,866,505
96$38,184,969$0$0$16,321,357
97$41,917,430$0$0$17,922,666
98$46,025,485$0$0$19,685,309
99$50,547,286$0$0$21,625,679
100$55,524,867$0$0$23,761,840