Can I retire at age 51 with 799,000?

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 $799,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$65,981$65,393$64,820$64,260$63,713$62,453
2 years$32,664$32,055$31,466$30,894$30,340$29,075
3 years$21,559$20,949$20,360$19,794$19,249$18,019
4 years$16,008$15,399$14,817$14,261$13,728$12,544
5 years$12,679$12,073$11,499$10,954$10,436$9,299
6 years$10,460$9,859$9,293$8,760$8,258$7,170
7 years$8,875$8,279$7,722$7,202$6,716$5,678
8 years$7,687$7,097$6,549$6,041$5,571$4,583
9 years$6,764$6,179$5,641$5,146$4,692$3,752
10 years$6,026$5,447$4,918$4,436$3,998$3,106
11 years$5,422$4,849$4,329$3,860$3,438$2,593
12 years$4,919$4,352$3,842$3,386$2,979$2,180
13 years$4,494$3,933$3,433$2,989$2,598$1,843
14 years$4,131$3,575$3,084$2,654$2,278$1,565
15 years$3,815$3,266$2,785$2,367$2,005$1,334
16 years$3,540$2,996$2,525$2,119$1,772$1,141
17 years$3,297$2,759$2,298$1,904$1,571$978
18 years$3,081$2,550$2,097$1,716$1,397$841
19 years$2,889$2,363$1,920$1,550$1,245$724
20 years$2,716$2,196$1,762$1,404$1,112$624
21 years$2,559$2,045$1,621$1,274$995$539
22 years$2,417$1,909$1,494$1,159$892$466
23 years$2,287$1,786$1,379$1,055$801$403
24 years$2,169$1,673$1,276$962$720$349
25 years$2,060$1,570$1,181$879$648$303
26 years$1,960$1,476$1,096$804$584$263
27 years$1,867$1,389$1,017$736$526$228
28 years$1,781$1,309$946$674$475$198
29 years$1,701$1,235$880$618$429$172
30 years$1,626$1,166$820$567$387$149
31 years$1,557$1,102$764$521$350$130
32 years$1,492$1,043$713$479$317$113
33 years$1,431$988$666$440$287$98
34 years$1,374$936$622$405$260$85
35 years$1,320$888$582$373$235$74
36 years$1,269$843$544$343$213$65
37 years$1,221$800$509$316$193$56
38 years$1,176$761$477$292$175$49
39 years$1,133$723$447$269$159$43
40 years$1,092$688$419$248$144$37
41 years$1,054$655$393$229$131$32
42 years$1,017$624$368$211$119$28
43 years$982$594$346$195$108$25
44 years$949$567$324$180$98$21
45 years$918$540$305$166$89$19
46 years$888$515$286$154$80$16
47 years$859$492$269$142$73$14
48 years$831$470$253$131$66$12
49 years$805$448$237$121$60$11
50 years$780$428$223$112$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $799,000, adding $2,083 every year, while hoping to spend $56,055 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: 34/50/16 Blend
50$799,000$799,000$799,000$799,000
51$882,647$840,300$827,915$908,213
52$913,034$821,832$796,008$908,624
53$944,643$800,581$761,154$903,679
54$977,538$776,351$723,194$897,143
55$1,011,789$748,934$681,963$888,907
56$1,047,472$718,113$637,289$878,857
57$1,084,668$683,654$588,992$866,870
58$1,123,464$645,312$536,883$852,821
59$1,163,954$602,829$480,765$836,576
60$1,206,240$555,931$420,433$817,996
61$1,250,431$504,326$355,672$796,933
62$1,296,646$447,709$286,258$773,235
63$1,345,013$385,756$211,957$746,742
64$1,395,671$318,125$132,524$717,285
65$1,448,770$244,453$47,705$684,690
66$1,504,474$164,361$0$648,774
67$1,562,959$77,443$0$616,653
68$1,624,418$0$0$589,988
69$1,689,060$0$0$569,669
70$1,757,113$0$0$593,177
71$1,828,823$0$0$617,992
72$1,904,462$0$0$644,215
73$1,984,322$0$0$671,952
74$2,068,724$0$0$701,323
75$2,158,019$0$0$732,456
76$2,252,588$0$0$765,491
77$2,352,848$0$0$800,583
78$2,459,254$0$0$837,901
79$2,572,307$0$0$877,628
80$2,692,550$0$0$919,967
81$2,820,582$0$0$965,138
82$2,957,054$0$0$1,013,384
83$3,102,683$0$0$1,064,969
84$3,258,252$0$0$1,120,185
85$3,424,620$0$0$1,179,350
86$3,602,730$0$0$1,242,815
87$3,793,615$0$0$1,310,964
88$3,998,407$0$0$1,384,217
89$4,218,350$0$0$1,463,037
90$4,454,808$0$0$1,547,932
91$4,709,280$0$0$1,639,460
92$4,983,411$0$0$1,738,233
93$5,279,007$0$0$1,844,925
94$5,598,053$0$0$1,960,276
95$5,942,731$0$0$2,085,098
96$6,315,437$0$0$2,220,285
97$6,718,805$0$0$2,366,821
98$7,155,731$0$0$2,525,785
99$7,629,400$0$0$2,698,366
100$8,143,311$0$0$2,885,872