Can I retire at age 51 with 867,000?

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 $867,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$71,596$70,958$70,336$69,729$69,136$68,131
2 years$35,444$34,783$34,144$33,523$32,922$31,911
3 years$23,394$22,731$22,093$21,479$20,887$19,903
4 years$17,371$16,710$16,078$15,474$14,897$13,946
5 years$13,758$13,101$12,477$11,886$11,324$10,410
6 years$11,350$10,698$10,084$9,505$8,961$8,083
7 years$9,631$8,984$8,379$7,815$7,287$6,448
8 years$8,342$7,701$7,106$6,556$6,046$5,244
9 years$7,340$6,705$6,121$5,584$5,091$4,327
10 years$6,539$5,910$5,336$4,813$4,338$3,610
11 years$5,884$5,261$4,698$4,189$3,731$3,039
12 years$5,338$4,722$4,169$3,674$3,233$2,576
13 years$4,877$4,268$3,725$3,244$2,819$2,197
14 years$4,482$3,879$3,347$2,880$2,471$1,882
15 years$4,140$3,544$3,022$2,568$2,176$1,619
16 years$3,841$3,251$2,740$2,299$1,923$1,397
17 years$3,578$2,994$2,493$2,066$1,705$1,209
18 years$3,344$2,767$2,276$1,862$1,516$1,049
19 years$3,135$2,564$2,083$1,682$1,351$912
20 years$2,947$2,383$1,912$1,524$1,207$794
21 years$2,777$2,220$1,759$1,383$1,080$692
22 years$2,623$2,072$1,621$1,257$968$605
23 years$2,482$1,938$1,497$1,145$869$528
24 years$2,353$1,816$1,384$1,044$781$462
25 years$2,235$1,704$1,282$954$703$405
26 years$2,126$1,601$1,189$872$633$355
27 years$2,026$1,507$1,104$798$571$311
28 years$1,932$1,420$1,026$731$515$273
29 years$1,846$1,340$955$671$465$240
30 years$1,765$1,265$890$616$420$211
31 years$1,689$1,196$829$565$380$185
32 years$1,619$1,132$774$520$344$163
33 years$1,553$1,072$723$478$311$143
34 years$1,491$1,016$675$440$282$126
35 years$1,432$963$631$405$255$111
36 years$1,377$914$590$373$231$97
37 years$1,325$868$553$343$209$86
38 years$1,276$825$518$316$190$75
39 years$1,229$785$485$292$172$66
40 years$1,185$747$454$269$156$58
41 years$1,144$711$426$248$142$51
42 years$1,104$677$400$229$129$45
43 years$1,066$645$375$212$117$40
44 years$1,030$615$352$195$106$35
45 years$996$586$331$180$96$31
46 years$963$559$311$167$87$27
47 years$932$534$292$154$79$24
48 years$902$510$274$142$72$21
49 years$874$487$258$131$65$19
50 years$846$465$242$122$59$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $867,000, adding $3,702 every year, while hoping to spend $29,673 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: 45/31/24 Blend
50$867,000$867,000$867,000$867,000
51$959,253$913,302$899,863$995,628
52$1,025,525$926,482$898,437$1,034,871
53$1,097,562$939,313$895,968$1,074,223
54$1,175,921$951,747$892,391$1,116,309
55$1,261,214$963,732$887,635$1,161,397
56$1,354,116$975,213$881,629$1,209,786
57$1,455,369$986,131$874,296$1,261,806
58$1,565,787$996,422$865,556$1,317,822
59$1,686,270$1,006,020$855,325$1,378,236
60$1,817,807$1,014,852$843,516$1,443,493
61$1,961,487$1,022,843$830,037$1,514,087
62$2,118,506$1,029,910$814,791$1,590,561
63$2,290,186$1,035,968$797,679$1,673,516
64$2,477,978$1,040,924$778,594$1,763,616
65$2,683,482$1,044,679$757,427$1,861,597
66$2,908,459$1,047,130$734,063$1,968,267
67$3,154,848$1,048,166$708,380$2,084,525
68$3,424,786$1,047,669$680,254$2,211,358
69$3,720,624$1,045,515$649,552$2,349,861
70$4,044,952$1,041,569$616,137$2,501,240
71$4,400,623$1,035,693$579,864$2,666,830
72$4,790,781$1,027,735$540,583$2,848,102
73$5,218,885$1,017,539$498,137$3,046,682
74$5,688,748$1,004,935$452,361$3,264,367
75$6,204,570$989,746$403,085$3,503,137
76$6,770,975$971,784$350,128$3,765,181
77$7,393,061$950,848$293,304$4,052,915
78$8,076,440$926,726$232,416$4,369,006
79$8,827,297$899,195$167,262$4,716,396
80$9,652,443$868,017$97,627$5,098,333
81$10,559,384$832,942$23,289$5,518,404
82$11,556,388$793,703$0$5,980,565
83$12,652,565$750,020$0$6,503,533
84$13,857,951$701,596$0$7,085,071
85$15,183,603$648,115$0$7,724,591
86$16,641,705$589,246$0$8,428,025
87$18,245,678$524,639$0$9,201,914
88$20,010,311$453,920$0$10,053,472
89$21,951,900$376,699$0$10,990,651
90$24,088,398$292,562$0$12,022,219
91$26,439,587$201,069$0$13,157,843
92$29,027,263$101,760$0$14,408,181
93$31,875,444$0$0$15,784,984
94$35,010,592$0$0$17,303,203
95$38,461,867$0$0$19,012,846
96$42,261,398$0$0$20,895,131
97$46,444,588$0$0$22,967,613
98$51,050,449$0$0$25,249,635
99$56,121,965$0$0$27,762,512
100$61,706,504$0$0$30,529,731