Can I retire at age 51 with 825,000?

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 $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$68,128$67,521$66,929$66,351$65,787$63,783
2 years$33,727$33,098$32,490$31,899$31,327$29,326
3 years$22,261$21,630$21,023$20,438$19,875$17,939
4 years$16,529$15,900$15,299$14,725$14,175$12,318
5 years$13,091$12,466$11,873$11,310$10,776$9,004
6 years$10,800$10,180$9,595$9,045$8,526$6,841
7 years$9,164$8,549$7,974$7,436$6,934$5,335
8 years$7,938$7,328$6,762$6,238$5,753$4,239
9 years$6,984$6,380$5,824$5,313$4,845$3,414
10 years$6,222$5,624$5,078$4,580$4,128$2,779
11 years$5,599$5,007$4,470$3,986$3,550$2,281
12 years$5,080$4,494$3,967$3,496$3,076$1,884
13 years$4,641$4,061$3,545$3,087$2,683$1,564
14 years$4,265$3,691$3,185$2,740$2,352$1,304
15 years$3,940$3,372$2,875$2,444$2,071$1,091
16 years$3,655$3,094$2,607$2,188$1,830$915
17 years$3,404$2,849$2,372$1,966$1,623$769
18 years$3,182$2,633$2,166$1,772$1,443$648
19 years$2,983$2,440$1,982$1,601$1,286$547
20 years$2,804$2,267$1,819$1,450$1,149$462
21 years$2,642$2,112$1,674$1,316$1,028$391
22 years$2,496$1,972$1,542$1,196$921$331
23 years$2,362$1,844$1,424$1,090$827$280
24 years$2,239$1,728$1,317$994$743$238
25 years$2,127$1,621$1,220$908$669$202
26 years$2,023$1,524$1,131$830$603$171
27 years$1,928$1,434$1,051$760$543$145
28 years$1,839$1,351$977$696$490$123
29 years$1,756$1,275$909$638$443$105
30 years$1,679$1,204$847$586$400$89
31 years$1,608$1,138$789$538$362$76
32 years$1,540$1,077$736$494$327$64
33 years$1,477$1,020$688$455$296$55
34 years$1,418$967$642$418$268$47
35 years$1,363$917$601$385$243$40
36 years$1,310$870$562$355$220$34
37 years$1,261$826$526$327$199$29
38 years$1,214$785$492$301$181$24
39 years$1,170$747$461$278$164$21
40 years$1,128$711$432$256$149$18
41 years$1,088$676$406$236$135$15
42 years$1,050$644$380$218$122$13
43 years$1,014$614$357$201$111$11
44 years$980$585$335$186$101$9
45 years$948$558$315$172$92$8
46 years$917$532$295$159$83$7
47 years$887$508$278$147$75$6
48 years$859$485$261$135$69$5
49 years$831$463$245$125$62$4
50 years$805$442$231$116$57$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $825,000, adding $5,407 every year, while hoping to spend $39,489 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: 78/8/14 Blend
50$825,000$825,000$825,000$825,000
51$914,727$871,002$858,215$983,041
52$966,014$871,665$844,949$1,029,457
53$1,021,207$871,038$829,915$1,074,788
54$1,080,666$869,014$813,013$1,123,401
55$1,144,781$865,482$794,136$1,175,608
56$1,213,983$860,326$773,174$1,231,754
57$1,288,746$853,418$750,012$1,292,218
58$1,369,588$844,626$724,528$1,357,419
59$1,457,083$833,809$696,596$1,427,817
60$1,551,858$820,818$666,084$1,503,921
61$1,654,603$805,494$632,854$1,586,293
62$1,766,079$787,670$596,761$1,675,549
63$1,887,120$767,167$557,654$1,772,371
64$2,018,647$743,798$515,375$1,877,512
65$2,161,668$717,364$469,760$1,991,798
66$2,317,297$687,654$420,636$2,116,145
67$2,486,758$654,445$367,823$2,251,558
68$2,671,395$617,501$311,133$2,399,148
69$2,872,692$576,573$250,371$2,560,140
70$3,092,279$531,397$185,330$2,735,884
71$3,331,950$481,695$115,798$2,927,868
72$3,593,683$427,171$41,551$3,137,734
73$3,879,651$367,515$0$3,367,293
74$4,192,249$302,397$0$3,624,168
75$4,534,114$231,470$0$3,911,921
76$4,908,148$154,366$0$4,226,803
77$5,317,547$70,698$0$4,571,527
78$5,765,831$0$0$4,949,086
79$6,256,876$0$0$5,364,528
80$6,794,950$0$0$5,826,606
81$7,384,754$0$0$6,333,134
82$8,031,464$0$0$6,888,563
83$8,740,783$0$0$7,497,794
84$9,518,990$0$0$8,166,224
85$10,373,004$0$0$8,899,799
86$11,310,445$0$0$9,705,068
87$12,339,705$0$0$10,589,246
88$13,470,032$0$0$11,560,279
89$14,711,609$0$0$12,626,921
90$16,075,658$0$0$13,798,817
91$17,574,538$0$0$15,086,591
92$19,221,869$0$0$16,501,947
93$21,032,651$0$0$18,057,780
94$23,023,412$0$0$19,768,296
95$25,212,362$0$0$21,649,146
96$27,619,563$0$0$23,717,575
97$30,267,117$0$0$25,992,579
98$33,179,379$0$0$28,495,092
99$36,383,179$0$0$31,248,177
100$39,908,082$0$0$34,277,243