Can I retire at age 51 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$66,063$65,475$64,901$64,340$63,793$62,736
2 years$32,705$32,095$31,505$30,933$30,378$29,316
3 years$21,586$20,975$20,386$19,819$19,273$18,239
4 years$16,029$15,419$14,836$14,278$13,746$12,748
5 years$12,695$12,088$11,513$10,967$10,449$9,491
6 years$10,473$9,871$9,304$8,771$8,268$7,350
7 years$8,886$8,290$7,732$7,211$6,724$5,847
8 years$7,697$7,106$6,557$6,049$5,578$4,741
9 years$6,773$6,187$5,648$5,152$4,698$3,900
10 years$6,033$5,453$4,924$4,441$4,003$3,244
11 years$5,429$4,855$4,335$3,865$3,442$2,722
12 years$4,926$4,357$3,847$3,390$2,983$2,300
13 years$4,500$3,938$3,437$2,993$2,601$1,955
14 years$4,136$3,579$3,088$2,657$2,280$1,669
15 years$3,820$3,270$2,788$2,370$2,008$1,431
16 years$3,544$3,000$2,528$2,122$1,775$1,231
17 years$3,301$2,763$2,300$1,906$1,573$1,061
18 years$3,085$2,553$2,100$1,718$1,399$917
19 years$2,892$2,366$1,922$1,552$1,247$794
20 years$2,719$2,199$1,764$1,406$1,114$689
21 years$2,562$2,048$1,623$1,276$997$599
22 years$2,420$1,912$1,496$1,160$893$521
23 years$2,290$1,788$1,381$1,057$802$454
24 years$2,172$1,675$1,277$964$721$395
25 years$2,063$1,572$1,183$880$649$345
26 years$1,962$1,478$1,097$805$584$301
27 years$1,869$1,391$1,019$737$527$263
28 years$1,783$1,310$947$675$475$230
29 years$1,703$1,236$881$619$429$201
30 years$1,628$1,167$821$568$388$176
31 years$1,559$1,104$765$522$351$154
32 years$1,494$1,044$714$479$317$135
33 years$1,433$989$667$441$287$118
34 years$1,375$937$623$406$260$103
35 years$1,321$889$582$373$235$90
36 years$1,271$844$545$344$213$79
37 years$1,223$801$510$317$193$69
38 years$1,177$762$478$292$175$61
39 years$1,134$724$447$269$159$53
40 years$1,094$689$419$248$144$47
41 years$1,055$656$393$229$131$41
42 years$1,019$625$369$211$119$36
43 years$984$595$346$195$108$31
44 years$951$567$325$180$98$28
45 years$919$541$305$166$89$24
46 years$889$516$287$154$81$21
47 years$860$492$269$142$73$19
48 years$833$470$253$131$66$16
49 years$806$449$238$121$60$14
50 years$781$429$224$112$55$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $800,000, adding $3,252 every year, while hoping to spend $45,368 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: 49/27/24 Blend
50$800,000$800,000$800,000$800,000
51$884,954$842,554$830,154$922,167
52$926,949$835,568$809,693$941,467
53$971,706$826,720$787,026$957,615
54$1,019,459$815,869$762,032$974,240
55$1,070,466$802,868$734,582$991,407
56$1,125,007$787,562$704,543$1,009,191
57$1,183,389$769,784$671,777$1,027,676
58$1,245,951$749,360$636,138$1,046,960
59$1,313,063$726,103$597,473$1,067,152
60$1,385,131$699,818$555,624$1,088,377
61$1,462,601$670,295$510,424$1,110,775
62$1,545,963$637,316$461,700$1,134,506
63$1,635,754$600,648$409,270$1,159,749
64$1,732,566$560,044$352,945$1,186,707
65$1,837,045$515,245$292,527$1,215,606
66$1,949,907$465,974$227,809$1,246,704
67$2,071,933$411,942$158,576$1,280,286
68$2,203,984$352,842$84,603$1,316,677
69$2,347,007$288,347$5,653$1,356,235
70$2,502,042$218,117$0$1,399,365
71$2,670,233$141,788$0$1,466,647
72$2,852,839$58,977$0$1,541,312
73$3,051,244$0$0$1,622,542
74$3,266,969$0$0$1,720,165
75$3,501,690$0$0$1,845,526
76$3,757,249$0$0$1,982,095
77$4,035,674$0$0$2,130,967
78$4,339,197$0$0$2,293,345
79$4,670,274$0$0$2,470,553
80$5,031,608$0$0$2,664,050
81$5,426,175$0$0$2,875,441
82$5,857,249$0$0$3,106,493
83$6,328,438$0$0$3,359,152
84$6,843,711$0$0$3,635,559
85$7,407,439$0$0$3,938,075
86$8,024,437$0$0$4,269,294
87$8,700,003$0$0$4,632,079
88$9,439,975$0$0$5,029,578
89$10,250,781$0$0$5,465,260
90$11,139,498$0$0$5,942,946
91$12,113,923$0$0$6,466,843
92$13,182,643$0$0$7,041,586
93$14,355,115$0$0$7,672,279
94$15,641,756$0$0$8,364,544
95$17,054,040$0$0$9,124,577
96$18,604,608$0$0$9,959,198
97$20,307,381$0$0$10,875,924
98$22,177,699$0$0$11,883,033
99$24,232,456$0$0$12,989,648
100$26,490,266$0$0$14,205,816