Can I retire at age 51 with 935,000?

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 $935,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$77,211$76,524$75,853$75,198$74,558$73,023
2 years$38,223$37,512$36,822$36,153$35,504$33,964
3 years$25,229$24,514$23,826$23,163$22,525$21,029
4 years$18,733$18,021$17,339$16,688$16,065$14,624
5 years$14,837$14,128$13,456$12,818$12,212$10,830
6 years$12,240$11,537$10,874$10,251$9,663$8,342
7 years$10,386$9,689$9,037$8,428$7,859$6,598
8 years$8,996$8,305$7,664$7,070$6,520$5,320
9 years$7,915$7,231$6,601$6,022$5,491$4,350
10 years$7,051$6,374$5,755$5,191$4,678$3,597
11 years$6,345$5,674$5,066$4,518$4,023$2,999
12 years$5,757$5,093$4,496$3,963$3,487$2,518
13 years$5,260$4,602$4,017$3,498$3,040$2,126
14 years$4,834$4,183$3,609$3,105$2,665$1,803
15 years$4,465$3,822$3,259$2,769$2,347$1,535
16 years$4,142$3,506$2,955$2,480$2,074$1,311
17 years$3,858$3,229$2,689$2,228$1,839$1,122
18 years$3,606$2,984$2,454$2,008$1,635$963
19 years$3,380$2,765$2,247$1,814$1,457$828
20 years$3,178$2,570$2,062$1,643$1,302$713
21 years$2,995$2,394$1,897$1,491$1,165$615
22 years$2,828$2,234$1,748$1,356$1,044$531
23 years$2,677$2,090$1,614$1,235$937$458
24 years$2,538$1,958$1,493$1,126$842$397
25 years$2,411$1,837$1,383$1,029$758$343
26 years$2,293$1,727$1,282$941$683$297
27 years$2,185$1,625$1,191$861$616$258
28 years$2,084$1,531$1,107$789$556$223
29 years$1,990$1,445$1,030$723$502$194
30 years$1,903$1,364$959$664$453$168
31 years$1,822$1,290$894$610$410$146
32 years$1,746$1,220$835$560$371$127
33 years$1,674$1,156$779$515$335$110
34 years$1,607$1,095$728$474$304$95
35 years$1,544$1,039$681$436$275$83
36 years$1,485$986$637$402$249$72
37 years$1,429$937$596$370$226$63
38 years$1,376$890$558$341$205$54
39 years$1,326$846$523$315$186$47
40 years$1,278$805$490$290$168$41
41 years$1,233$767$460$268$153$36
42 years$1,190$730$431$247$139$31
43 years$1,150$696$405$228$126$27
44 years$1,111$663$380$211$114$23
45 years$1,074$632$357$195$104$20
46 years$1,039$603$335$180$94$18
47 years$1,005$576$315$166$86$15
48 years$973$549$296$153$78$13
49 years$942$525$278$142$71$12
50 years$913$501$261$131$64$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $935,000, adding $2,085 every year, while hoping to spend $32,937 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: 76/9/15 Blend
50$935,000$935,000$935,000$935,000
51$1,032,521$982,966$968,473$1,107,509
52$1,102,793$996,086$965,872$1,170,433
53$1,179,129$1,008,746$962,080$1,235,070
54$1,262,113$1,020,887$957,023$1,305,032
55$1,352,387$1,032,449$950,621$1,380,839
56$1,450,657$1,043,365$942,794$1,463,065
57$1,557,701$1,053,567$933,454$1,552,340
58$1,674,374$1,062,980$922,513$1,649,361
59$1,801,618$1,071,524$909,875$1,754,894
60$1,940,470$1,079,115$895,442$1,869,783
61$2,092,070$1,085,664$879,111$1,994,961
62$2,257,673$1,091,073$860,774$2,131,452
63$2,438,663$1,095,243$840,317$2,280,388
64$2,636,561$1,098,065$817,622$2,443,014
65$2,853,043$1,099,422$792,565$2,620,705
66$3,089,954$1,099,195$765,017$2,814,975
67$3,349,326$1,097,252$734,842$3,027,491
68$3,633,396$1,093,456$701,897$3,260,092
69$3,944,628$1,087,661$666,037$3,514,807
70$4,285,736$1,079,712$627,104$3,793,867
71$4,659,707$1,069,444$584,938$4,099,737
72$5,069,833$1,056,682$539,370$4,435,130
73$5,519,740$1,041,243$490,222$4,803,037
74$6,013,419$1,022,930$437,311$5,206,757
75$6,555,270$1,001,536$380,443$5,649,922
76$7,150,137$976,840$319,417$6,136,538
77$7,803,356$948,611$254,023$6,671,022
78$8,520,807$916,602$184,041$7,258,239
79$9,308,965$880,551$109,242$7,903,553
80$10,174,965$840,184$29,388$8,612,877
81$11,126,667$795,208$0$9,392,726
82$12,172,728$745,314$0$10,259,220
83$13,322,689$690,177$0$11,216,939
84$14,587,058$629,451$0$12,269,944
85$15,977,415$562,771$0$13,427,898
86$17,506,517$489,752$0$14,701,448
87$19,188,418$409,986$0$16,102,327
88$21,038,604$323,043$0$17,643,464
89$23,074,138$228,468$0$19,339,106
90$25,313,818$125,782$0$21,204,952
91$27,778,359$14,476$0$23,258,302
92$30,490,582$0$0$25,518,219
93$33,475,636$0$0$28,016,207
94$36,761,228$0$0$30,767,316
95$40,377,889$0$0$33,795,682
96$44,359,260$0$0$37,129,480
97$48,742,411$0$0$40,799,754
98$53,568,186$0$0$44,840,713
99$58,881,592$0$0$49,290,050
100$64,732,224$0$0$54,189,301