Can I retire at age 51 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$68,293$67,685$67,091$66,512$65,946$63,632
2 years$33,808$33,179$32,568$31,977$31,403$29,095
3 years$22,315$21,683$21,074$20,488$19,923$17,695
4 years$16,569$15,939$15,336$14,760$14,209$12,078
5 years$13,123$12,496$11,902$11,337$10,802$8,772
6 years$10,826$10,204$9,618$9,067$8,547$6,621
7 years$9,186$8,570$7,993$7,454$6,951$5,129
8 years$7,957$7,346$6,779$6,253$5,767$4,046
9 years$7,001$6,396$5,838$5,326$4,856$3,235
10 years$6,237$5,638$5,090$4,591$4,138$2,614
11 years$5,612$5,019$4,481$3,996$3,559$2,128
12 years$5,092$4,505$3,977$3,505$3,084$1,744
13 years$4,652$4,071$3,553$3,094$2,689$1,436
14 years$4,275$3,700$3,193$2,747$2,357$1,187
15 years$3,949$3,380$2,882$2,450$2,076$985
16 years$3,664$3,101$2,613$2,193$1,834$819
17 years$3,413$2,856$2,378$1,971$1,627$682
18 years$3,189$2,639$2,171$1,776$1,446$570
19 years$2,990$2,446$1,987$1,605$1,289$476
20 years$2,811$2,273$1,824$1,453$1,151$399
21 years$2,649$2,117$1,678$1,319$1,030$334
22 years$2,502$1,976$1,546$1,199$924$280
23 years$2,368$1,848$1,428$1,092$829$235
24 years$2,245$1,732$1,320$996$745$198
25 years$2,132$1,625$1,223$910$671$166
26 years$2,028$1,527$1,134$832$604$140
27 years$1,932$1,438$1,053$761$545$117
28 years$1,843$1,355$979$698$491$99
29 years$1,760$1,278$911$640$444$83
30 years$1,683$1,207$849$587$401$70
31 years$1,611$1,141$791$539$362$59
32 years$1,544$1,079$738$496$328$50
33 years$1,481$1,022$689$456$297$42
34 years$1,422$969$644$419$269$35
35 years$1,366$919$602$386$243$30
36 years$1,313$872$563$355$220$25
37 years$1,264$828$527$328$200$21
38 years$1,217$787$494$302$181$18
39 years$1,173$749$463$278$164$15
40 years$1,131$712$434$257$149$13
41 years$1,091$678$406$237$135$11
42 years$1,053$646$381$219$123$9
43 years$1,017$615$358$202$111$7
44 years$983$586$336$186$101$6
45 years$950$559$315$172$92$5
46 years$919$533$296$159$83$4
47 years$889$509$278$147$76$4
48 years$861$486$261$136$69$3
49 years$833$464$246$125$62$3
50 years$807$443$231$116$57$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $827,000, adding $3,174 every year, while hoping to spend $50,842 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: 39/45/16 Blend
50$827,000$827,000$827,000$827,000
51$914,628$870,797$857,978$945,804
52$953,825$859,371$832,625$956,918
53$995,315$845,680$804,719$963,787
54$1,039,280$829,561$774,120$970,132
55$1,085,916$810,840$740,682$975,930
56$1,135,440$789,330$704,255$981,163
57$1,188,085$764,838$664,678$985,812
58$1,244,110$737,156$621,785$989,865
59$1,303,798$706,065$575,403$993,309
60$1,367,456$671,333$525,350$996,138
61$1,435,424$632,715$471,437$998,351
62$1,508,071$589,953$413,464$999,953
63$1,585,805$542,771$351,226$1,000,954
64$1,669,072$490,881$284,506$1,001,373
65$1,758,359$433,976$213,079$1,001,240
66$1,854,203$371,732$136,709$1,000,593
67$1,957,193$303,808$55,150$999,482
68$2,067,974$229,843$0$997,973
69$2,187,256$149,454$0$1,001,591
70$2,315,818$62,239$0$1,015,391
71$2,454,515$0$0$1,030,115
72$2,604,288$0$0$1,061,914
73$2,766,169$0$0$1,129,680
74$2,941,293$0$0$1,203,081
75$3,130,909$0$0$1,282,652
76$3,336,389$0$0$1,368,980
77$3,559,240$0$0$1,462,712
78$3,801,122$0$0$1,564,558
79$4,063,859$0$0$1,675,301
80$4,349,459$0$0$1,795,801
81$4,660,129$0$0$1,927,005
82$4,998,299$0$0$2,069,956
83$5,366,641$0$0$2,225,798
84$5,768,098$0$0$2,395,795
85$6,205,906$0$0$2,581,335
86$6,683,629$0$0$2,783,946
87$7,205,188$0$0$3,005,313
88$7,774,900$0$0$3,247,287
89$8,397,519$0$0$3,511,908
90$9,078,277$0$0$3,801,423
91$9,822,935$0$0$4,118,305
92$10,637,836$0$0$4,465,276
93$11,529,965$0$0$4,845,336
94$12,507,015$0$0$5,261,787
95$13,577,454$0$0$5,718,266
96$14,750,612$0$0$6,218,779
97$16,036,763$0$0$6,767,737
98$17,447,221$0$0$7,370,000
99$18,994,448$0$0$8,030,921
100$20,692,173$0$0$8,756,395