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%11.6%
1 years$76,551$75,869$75,204$74,554$73,920$73,424
2 years$37,896$37,191$36,507$35,843$35,200$34,699
3 years$25,013$24,304$23,622$22,965$22,332$21,843
4 years$18,573$17,866$17,191$16,545$15,928$15,453
5 years$14,710$14,007$13,341$12,708$12,108$11,650
6 years$12,135$11,438$10,781$10,163$9,581$9,140
7 years$10,297$9,606$8,959$8,355$7,792$7,368
8 years$8,919$8,234$7,598$7,009$6,464$6,057
9 years$7,848$7,169$6,544$5,970$5,444$5,054
10 years$6,991$6,319$5,706$5,146$4,638$4,266
11 years$6,291$5,626$5,023$4,479$3,989$3,633
12 years$5,708$5,049$4,458$3,929$3,457$3,117
13 years$5,215$4,563$3,983$3,468$3,014$2,691
14 years$4,792$4,148$3,579$3,079$2,642$2,335
15 years$4,427$3,789$3,231$2,746$2,327$2,034
16 years$4,107$3,476$2,929$2,459$2,056$1,778
17 years$3,825$3,202$2,666$2,209$1,823$1,560
18 years$3,575$2,958$2,433$1,991$1,621$1,371
19 years$3,352$2,742$2,228$1,799$1,445$1,209
20 years$3,151$2,548$2,044$1,629$1,291$1,067
21 years$2,969$2,373$1,880$1,479$1,155$944
22 years$2,804$2,215$1,733$1,344$1,035$836
23 years$2,654$2,072$1,600$1,224$929$742
24 years$2,516$1,941$1,480$1,117$835$659
25 years$2,390$1,822$1,371$1,020$752$586
26 years$2,273$1,712$1,271$932$677$521
27 years$2,166$1,611$1,180$854$610$464
28 years$2,066$1,518$1,097$782$551$413
29 years$1,973$1,432$1,021$717$497$368
30 years$1,887$1,353$951$658$449$329
31 years$1,806$1,279$887$604$406$293
32 years$1,731$1,210$827$555$368$262
33 years$1,660$1,146$773$511$333$234
34 years$1,594$1,086$722$470$301$209
35 years$1,531$1,030$675$433$273$187
36 years$1,472$978$631$398$247$167
37 years$1,417$929$591$367$224$149
38 years$1,364$883$553$338$203$134
39 years$1,314$839$518$312$184$120
40 years$1,267$798$486$288$167$107
41 years$1,223$760$456$266$152$96
42 years$1,180$724$427$245$137$86
43 years$1,140$690$401$226$125$77
44 years$1,101$657$376$209$113$69
45 years$1,065$627$353$193$103$61
46 years$1,030$598$332$178$93$55
47 years$997$571$312$165$85$49
48 years$965$545$293$152$77$44
49 years$934$520$276$141$70$40
50 years$905$497$259$130$64$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $927,000, adding $4,581 every year, while hoping to spend $20,761 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: 45/33/22 Blend
50$927,000$927,000$927,000$927,000
51$1,026,279$977,148$962,780$1,065,770
52$1,108,870$1,002,939$972,943$1,119,828
53$1,199,190$1,029,298$982,752$1,176,021
54$1,298,004$1,056,230$992,171$1,236,537
55$1,406,157$1,083,742$1,001,165$1,301,790
56$1,524,578$1,111,838$1,009,697$1,372,234
57$1,654,290$1,140,523$1,017,727$1,448,369
58$1,796,420$1,169,802$1,025,213$1,530,745
59$1,952,209$1,199,676$1,032,112$1,619,970
60$2,123,025$1,230,151$1,038,378$1,716,711
61$2,310,371$1,261,226$1,043,962$1,821,705
62$2,515,908$1,292,905$1,048,813$1,935,764
63$2,741,460$1,325,186$1,052,878$2,059,780
64$2,989,039$1,358,071$1,056,100$2,194,739
65$3,260,862$1,391,558$1,058,421$2,341,726
66$3,559,370$1,425,644$1,059,778$2,501,937
67$3,887,252$1,460,327$1,060,106$2,676,688
68$4,247,469$1,495,600$1,059,337$2,867,433
69$4,643,286$1,531,460$1,057,400$3,075,771
70$5,078,297$1,567,897$1,054,219$3,303,465
71$5,556,463$1,604,904$1,049,715$3,552,458
72$6,082,148$1,642,470$1,043,806$3,824,893
73$6,660,159$1,680,582$1,036,405$4,123,129
74$7,295,792$1,719,228$1,027,422$4,449,768
75$7,994,884$1,758,391$1,016,761$4,807,676
76$8,763,862$1,798,052$1,004,323$5,200,013
77$9,609,812$1,838,193$990,004$5,630,261
78$10,540,538$1,878,789$973,694$6,102,257
79$11,564,639$1,919,816$955,279$6,620,233
80$12,691,591$1,961,246$934,639$7,188,849
81$13,931,834$2,003,048$911,650$7,813,244
82$15,296,871$2,045,187$886,181$8,499,081
83$16,799,378$2,087,628$858,094$9,252,602
84$18,453,320$2,130,327$827,246$10,080,686
85$20,274,088$2,173,242$793,488$10,990,915
86$22,278,637$2,216,324$756,662$11,991,646
87$24,485,654$2,259,519$716,605$13,092,089
88$26,915,725$2,302,770$673,147$14,302,396
89$29,591,539$2,346,015$626,107$15,633,755
90$32,538,093$2,389,188$575,299$17,098,496
91$35,782,936$2,432,215$520,528$18,710,211
92$39,356,419$2,475,017$461,590$20,483,880
93$43,291,992$2,517,511$398,272$22,436,011
94$47,626,512$2,559,606$330,350$24,584,801
95$52,400,593$2,601,204$257,594$26,950,303
96$57,658,990$2,642,199$179,760$29,554,619
97$63,451,020$2,682,480$96,595$32,422,111
98$69,831,028$2,721,925$7,834$35,579,625
99$76,858,898$2,760,405$0$39,056,751
100$84,600,622$2,797,781$0$42,906,497