Can I retire at age 51 with 855,000?

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 $855,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$70,605$69,976$69,363$68,764$68,179$65,865
2 years$34,953$34,302$33,671$33,059$32,466$30,158
3 years$23,071$22,417$21,787$21,182$20,598$18,368
4 years$17,130$16,479$15,856$15,260$14,691$12,556
5 years$13,567$12,920$12,305$11,721$11,168$9,134
6 years$11,193$10,550$9,944$9,374$8,836$6,906
7 years$9,497$8,860$8,264$7,707$7,186$5,358
8 years$8,226$7,594$7,008$6,465$5,962$4,234
9 years$7,238$6,612$6,036$5,507$5,021$3,392
10 years$6,448$5,828$5,262$4,747$4,278$2,746
11 years$5,802$5,189$4,633$4,131$3,679$2,240
12 years$5,264$4,657$4,112$3,624$3,188$1,839
13 years$4,810$4,209$3,673$3,199$2,780$1,518
14 years$4,420$3,826$3,301$2,840$2,437$1,257
15 years$4,083$3,495$2,980$2,533$2,146$1,045
16 years$3,788$3,206$2,702$2,268$1,897$871
17 years$3,528$2,953$2,459$2,037$1,682$727
18 years$3,297$2,729$2,244$1,836$1,495$609
19 years$3,091$2,529$2,055$1,659$1,333$510
20 years$2,906$2,350$1,886$1,503$1,190$428
21 years$2,738$2,189$1,734$1,364$1,065$360
22 years$2,586$2,043$1,599$1,240$955$302
23 years$2,448$1,911$1,476$1,129$857$254
24 years$2,321$1,790$1,365$1,030$770$214
25 years$2,204$1,680$1,264$941$693$180
26 years$2,097$1,579$1,173$860$624$152
27 years$1,998$1,486$1,089$787$563$128
28 years$1,906$1,400$1,012$721$508$108
29 years$1,820$1,321$942$661$459$91
30 years$1,740$1,248$877$607$414$77
31 years$1,666$1,179$818$557$375$65
32 years$1,596$1,116$763$512$339$55
33 years$1,531$1,057$713$471$307$46
34 years$1,470$1,002$666$433$278$39
35 years$1,412$950$622$399$252$33
36 years$1,358$902$582$368$228$28
37 years$1,307$856$545$339$207$23
38 years$1,258$814$510$312$187$20
39 years$1,212$774$478$288$170$17
40 years$1,169$736$448$265$154$14
41 years$1,128$701$420$245$140$12
42 years$1,089$668$394$226$127$10
43 years$1,051$636$370$209$115$9
44 years$1,016$606$347$193$104$7
45 years$982$578$326$178$95$6
46 years$950$552$306$164$86$5
47 years$919$526$288$152$78$4
48 years$890$502$270$140$71$4
49 years$862$480$254$130$64$3
50 years$835$458$239$120$59$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $855,000, adding $6,707 every year, while hoping to spend $44,888 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: 67/17/16 Blend
50$855,000$855,000$855,000$855,000
51$949,128$903,813$890,561$1,008,652
52$998,179$900,340$872,634$1,045,770
53$1,050,728$895,191$852,602$1,080,462
54$1,107,086$888,239$830,348$1,117,280
55$1,167,591$879,345$805,747$1,156,431
56$1,232,616$868,364$778,671$1,198,142
57$1,302,572$855,142$748,984$1,242,665
58$1,377,905$839,516$716,547$1,290,281
59$1,459,111$821,311$681,210$1,341,297
60$1,546,730$800,345$642,821$1,396,056
61$1,641,358$776,424$601,217$1,454,937
62$1,743,650$749,342$556,231$1,518,357
63$1,854,324$718,881$507,686$1,586,781
64$1,974,170$684,812$455,399$1,660,720
65$2,104,058$646,890$399,177$1,740,741
66$2,244,943$604,859$338,821$1,827,471
67$2,397,876$558,446$274,120$1,921,602
68$2,564,012$507,362$204,856$2,023,901
69$2,744,623$451,305$130,801$2,135,213
70$2,941,108$389,952$51,715$2,256,476
71$3,155,005$322,963$0$2,388,724
72$3,388,007$249,980$0$2,538,680
73$3,641,978$170,624$0$2,711,812
74$3,918,968$84,493$0$2,900,725
75$4,221,235$0$0$3,107,009
76$4,551,263$0$0$3,334,073
77$4,911,787$0$0$3,599,433
78$5,305,818$0$0$3,889,507
79$5,736,670$0$0$4,206,741
80$6,207,993$0$0$4,553,828
81$6,723,806$0$0$4,933,735
82$7,288,534$0$0$5,349,729
83$7,907,049$0$0$5,805,405
84$8,584,718$0$0$6,304,726
85$9,327,451$0$0$6,852,053
86$10,141,755$0$0$7,452,191
87$11,034,801$0$0$8,110,432
88$12,014,482$0$0$8,832,605
89$13,089,496$0$0$9,625,128
90$14,269,422$0$0$10,495,074
91$15,564,811$0$0$11,450,233
92$16,987,287$0$0$12,499,185
93$18,549,654$0$0$13,651,381
94$20,266,017$0$0$14,917,237
95$22,151,914$0$0$16,308,222
96$24,224,464$0$0$17,836,975
97$26,502,525$0$0$19,517,417
98$29,006,874$0$0$21,364,889
99$31,760,401$0$0$23,396,289
100$34,788,325$0$0$25,630,235