Can I retire at age 51 with 829,000?

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 $829,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$68,458$67,848$67,253$66,673$66,106$65,361
2 years$33,890$33,259$32,647$32,054$31,479$30,729
3 years$22,369$21,735$21,125$20,537$19,971$19,240
4 years$16,610$15,978$15,374$14,796$14,244$13,536
5 years$13,155$12,527$11,930$11,365$10,828$10,146
6 years$10,852$10,229$9,642$9,089$8,568$7,913
7 years$9,208$8,590$8,012$7,472$6,968$6,340
8 years$7,976$7,363$6,795$6,268$5,781$5,180
9 years$7,018$6,411$5,853$5,339$4,868$4,294
10 years$6,252$5,651$5,102$4,602$4,148$3,600
11 years$5,626$5,031$4,492$4,005$3,567$3,046
12 years$5,104$4,515$3,987$3,513$3,091$2,595
13 years$4,663$4,081$3,562$3,102$2,696$2,224
14 years$4,286$3,709$3,200$2,753$2,363$1,916
15 years$3,959$3,388$2,889$2,456$2,081$1,657
16 years$3,673$3,109$2,620$2,199$1,839$1,438
17 years$3,421$2,863$2,384$1,975$1,630$1,251
18 years$3,197$2,646$2,176$1,780$1,450$1,092
19 years$2,997$2,452$1,992$1,609$1,292$955
20 years$2,818$2,278$1,828$1,457$1,154$836
21 years$2,655$2,122$1,682$1,322$1,033$734
22 years$2,508$1,981$1,550$1,202$926$645
23 years$2,373$1,853$1,431$1,095$831$567
24 years$2,250$1,736$1,323$999$747$499
25 years$2,137$1,629$1,226$912$672$440
26 years$2,033$1,531$1,137$834$605$388
27 years$1,937$1,441$1,056$763$546$343
28 years$1,848$1,358$981$699$493$303
29 years$1,765$1,281$913$641$445$267
30 years$1,687$1,210$851$589$402$236
31 years$1,615$1,144$793$541$363$209
32 years$1,548$1,082$740$497$329$185
33 years$1,485$1,025$691$457$297$164
34 years$1,425$971$646$420$269$145
35 years$1,369$921$604$387$244$128
36 years$1,317$874$565$356$221$114
37 years$1,267$830$528$328$200$101
38 years$1,220$789$495$303$182$89
39 years$1,176$750$464$279$165$79
40 years$1,133$714$435$257$149$70
41 years$1,093$680$407$237$136$62
42 years$1,055$647$382$219$123$55
43 years$1,019$617$359$202$112$49
44 years$985$588$337$187$101$43
45 years$952$561$316$173$92$38
46 years$921$535$297$159$83$34
47 years$891$510$279$147$76$30
48 years$863$487$262$136$69$27
49 years$835$465$246$126$63$24
50 years$809$444$232$116$57$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $829,000, adding $3,378 every year, while hoping to spend $59,274 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: 88/5/7 Blend
50$829,000$829,000$829,000$829,000
51$917,042$873,105$860,256$997,011
52$947,514$852,820$826,007$1,029,312
53$979,106$829,555$788,625$1,056,213
54$1,011,872$803,100$747,941$1,083,851
55$1,045,867$773,236$703,780$1,112,256
56$1,081,148$739,727$655,960$1,141,459
57$1,117,779$702,328$604,289$1,171,496
58$1,155,827$660,776$548,567$1,202,402
59$1,195,363$614,795$488,585$1,234,217
60$1,236,463$564,093$424,126$1,266,985
61$1,279,209$508,361$354,961$1,300,752
62$1,323,689$447,271$280,853$1,335,570
63$1,369,997$380,479$201,553$1,371,493
64$1,418,234$307,620$116,802$1,408,583
65$1,468,509$228,309$26,330$1,446,905
66$1,520,938$142,138$0$1,486,531
67$1,575,649$48,678$0$1,532,785
68$1,632,777$0$0$1,582,948
69$1,692,469$0$0$1,638,058
70$1,754,884$0$0$1,698,483
71$1,820,193$0$0$1,761,713
72$1,888,583$0$0$1,827,926
73$1,960,254$0$0$1,897,318
74$2,035,426$0$0$1,970,101
75$2,114,334$0$0$2,046,505
76$2,197,237$0$0$2,126,778
77$2,284,414$0$0$2,211,193
78$2,376,170$0$0$2,300,043
79$2,472,835$0$0$2,393,651
80$2,574,770$0$0$2,492,365
81$2,682,369$0$0$2,596,566
82$2,796,059$0$0$2,706,671
83$2,916,308$0$0$2,823,131
84$3,043,627$0$0$2,946,443
85$3,178,573$0$0$3,077,146
86$3,321,755$0$0$3,215,831
87$3,473,839$0$0$3,363,143
88$3,635,553$0$0$3,519,790
89$3,807,695$0$0$3,686,542
90$3,991,137$0$0$3,864,248
91$4,186,834$0$0$4,053,831
92$4,395,833$0$0$4,256,309
93$4,619,281$0$0$4,472,792
94$4,858,436$0$0$4,704,501
95$5,114,676$0$0$4,952,771
96$5,389,514$0$0$5,219,070
97$5,684,609$0$0$5,505,007
98$6,001,784$0$0$5,812,347
99$6,343,036$0$0$6,143,030
100$6,710,561$0$0$6,499,183