Can I retire at age 51 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$70,357$69,731$69,119$68,522$67,940$66,924
2 years$34,830$34,182$33,553$32,943$32,352$31,332
3 years$22,990$22,338$21,711$21,107$20,526$19,531
4 years$17,070$16,421$15,800$15,207$14,639$13,679
5 years$13,520$12,874$12,262$11,680$11,128$10,205
6 years$11,153$10,513$9,909$9,341$8,805$7,920
7 years$9,464$8,829$8,235$7,679$7,161$6,314
8 years$8,197$7,568$6,984$6,442$5,941$5,132
9 years$7,213$6,589$6,015$5,487$5,003$4,232
10 years$6,425$5,808$5,244$4,730$4,263$3,529
11 years$5,782$5,170$4,617$4,117$3,666$2,969
12 years$5,246$4,641$4,097$3,611$3,177$2,515
13 years$4,793$4,194$3,661$3,188$2,770$2,143
14 years$4,405$3,812$3,289$2,830$2,429$1,835
15 years$4,068$3,482$2,970$2,524$2,138$1,577
16 years$3,775$3,195$2,692$2,260$1,890$1,360
17 years$3,516$2,943$2,450$2,030$1,676$1,176
18 years$3,286$2,719$2,236$1,830$1,490$1,020
19 years$3,080$2,520$2,047$1,653$1,328$886
20 years$2,896$2,342$1,879$1,497$1,186$771
21 years$2,729$2,181$1,728$1,359$1,062$672
22 years$2,577$2,036$1,593$1,236$951$586
23 years$2,439$1,904$1,471$1,125$854$512
24 years$2,313$1,784$1,360$1,026$768$448
25 years$2,197$1,674$1,260$937$691$392
26 years$2,090$1,574$1,168$857$622$343
27 years$1,991$1,481$1,085$784$561$301
28 years$1,899$1,396$1,009$719$506$264
29 years$1,814$1,317$939$659$457$231
30 years$1,734$1,243$874$605$413$203
31 years$1,660$1,175$815$556$373$178
32 years$1,591$1,112$760$511$338$156
33 years$1,526$1,053$710$469$306$137
34 years$1,465$998$663$432$277$121
35 years$1,407$947$620$398$251$106
36 years$1,353$899$580$366$227$93
37 years$1,302$853$543$337$206$82
38 years$1,254$811$509$311$187$72
39 years$1,208$771$476$287$169$63
40 years$1,165$734$447$265$154$56
41 years$1,124$699$419$244$139$49
42 years$1,085$665$393$225$126$43
43 years$1,048$634$369$208$115$38
44 years$1,012$604$346$192$104$33
45 years$979$576$325$177$95$29
46 years$947$550$305$164$86$26
47 years$916$525$287$151$78$23
48 years$887$501$269$140$71$20
49 years$859$478$253$129$64$18
50 years$832$457$238$119$58$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $852,000, adding $4,262 every year, while hoping to spend $54,501 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: 81/6/13 Blend
50$852,000$852,000$852,000$852,000
51$943,300$898,144$884,938$1,017,038
52$981,528$884,165$856,595$1,052,083
53$1,021,829$867,673$825,476$1,083,001
54$1,064,356$848,490$791,430$1,115,350
55$1,109,277$826,423$754,300$1,149,244
56$1,156,776$801,270$713,921$1,184,815
57$1,207,051$772,817$670,122$1,222,202
58$1,260,322$740,836$622,722$1,261,563
59$1,316,826$705,088$571,534$1,303,070
60$1,376,823$665,319$516,362$1,346,913
61$1,440,600$621,260$457,001$1,393,303
62$1,508,467$572,627$393,236$1,442,472
63$1,580,765$519,121$324,844$1,494,674
64$1,657,869$460,423$251,592$1,550,194
65$1,740,187$396,199$173,236$1,609,341
66$1,828,167$326,095$89,521$1,672,460
67$1,922,302$249,735$182$1,739,931
68$2,023,130$166,726$0$1,812,173
69$2,131,242$76,648$0$1,902,848
70$2,247,287$0$0$2,000,152
71$2,371,976$0$0$2,106,049
72$2,506,091$0$0$2,225,408
73$2,650,489$0$0$2,353,936
74$2,806,111$0$0$2,492,472
75$2,973,994$0$0$2,641,939
76$3,155,272$0$0$2,803,352
77$3,351,196$0$0$2,977,824
78$3,563,138$0$0$3,166,582
79$3,792,607$0$0$3,370,971
80$4,041,261$0$0$3,592,472
81$4,310,925$0$0$3,832,712
82$4,603,605$0$0$4,093,481
83$4,921,506$0$0$4,376,749
84$5,267,056$0$0$4,684,681
85$5,642,924$0$0$5,019,659
86$6,052,047$0$0$5,384,304
87$6,497,658$0$0$5,781,502
88$6,983,312$0$0$6,214,426
89$7,512,924$0$0$6,686,570
90$8,090,802$0$0$7,201,777
91$8,721,688$0$0$7,764,281
92$9,410,801$0$0$8,378,740
93$10,163,888$0$0$9,050,282
94$10,987,275$0$0$9,784,554
95$11,887,928$0$0$10,587,773
96$12,873,516$0$0$11,466,784
97$13,952,484$0$0$12,429,125
98$15,134,131$0$0$13,483,095
99$16,428,699$0$0$14,637,836
100$17,847,466$0$0$15,903,413