Can I retire at age 51 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$76,468$75,787$75,123$74,474$73,841$71,765
2 years$37,856$37,151$36,467$35,805$35,162$33,086
3 years$24,986$24,278$23,597$22,940$22,308$20,298
4 years$18,553$17,847$17,172$16,527$15,910$13,981
5 years$14,694$13,992$13,326$12,695$12,095$10,251
6 years$12,122$11,426$10,770$10,152$9,570$7,814
7 years$10,286$9,595$8,950$8,346$7,783$6,115
8 years$8,909$8,225$7,590$7,002$6,457$4,876
9 years$7,839$7,161$6,537$5,964$5,438$3,942
10 years$6,984$6,312$5,699$5,141$4,633$3,221
11 years$6,284$5,620$5,018$4,474$3,985$2,653
12 years$5,701$5,044$4,453$3,924$3,453$2,200
13 years$5,209$4,558$3,978$3,465$3,011$1,834
14 years$4,787$4,143$3,575$3,076$2,640$1,535
15 years$4,422$3,785$3,227$2,743$2,324$1,290
16 years$4,103$3,473$2,926$2,456$2,054$1,086
17 years$3,821$3,198$2,663$2,207$1,821$918
18 years$3,571$2,955$2,431$1,989$1,619$776
19 years$3,348$2,739$2,225$1,797$1,443$658
20 years$3,147$2,545$2,042$1,627$1,289$559
21 years$2,966$2,371$1,878$1,477$1,154$475
22 years$2,801$2,213$1,731$1,343$1,034$404
23 years$2,651$2,070$1,598$1,223$928$344
24 years$2,514$1,939$1,478$1,115$834$293
25 years$2,387$1,820$1,369$1,019$751$250
26 years$2,271$1,710$1,270$931$676$213
27 years$2,164$1,610$1,179$853$610$182
28 years$2,064$1,517$1,096$781$550$155
29 years$1,971$1,431$1,020$716$497$132
30 years$1,885$1,351$950$657$449$113
31 years$1,804$1,277$886$604$406$97
32 years$1,729$1,209$827$555$367$83
33 years$1,658$1,145$772$510$332$71
34 years$1,592$1,085$721$469$301$60
35 years$1,530$1,029$674$432$272$52
36 years$1,471$977$631$398$247$44
37 years$1,415$928$590$367$224$38
38 years$1,363$882$553$338$203$32
39 years$1,313$838$518$312$184$28
40 years$1,266$798$485$287$167$24
41 years$1,221$759$455$265$151$20
42 years$1,179$723$427$245$137$17
43 years$1,139$689$401$226$125$15
44 years$1,100$657$376$209$113$13
45 years$1,064$626$353$193$103$11
46 years$1,029$597$332$178$93$9
47 years$995$570$312$164$85$8
48 years$964$544$293$152$77$7
49 years$933$520$275$140$70$6
50 years$904$496$259$130$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $926,000, adding $5,486 every year, while hoping to spend $36,751 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: 34/39/27 Blend
50$926,000$926,000$926,000$926,000
51$1,026,111$977,033$962,680$1,052,453
52$1,091,671$985,805$955,827$1,081,506
53$1,162,687$993,775$947,512$1,109,132
54$1,239,676$1,000,864$937,649$1,138,206
55$1,323,208$1,006,991$926,145$1,168,882
56$1,413,907$1,012,066$912,903$1,201,332
57$1,512,464$1,015,996$897,823$1,235,746
58$1,619,635$1,018,679$880,800$1,272,339
59$1,736,254$1,020,011$861,723$1,311,349
60$1,863,238$1,019,877$840,477$1,353,040
61$2,001,595$1,018,158$816,940$1,397,707
62$2,152,437$1,014,726$790,986$1,445,681
63$2,316,984$1,009,447$762,483$1,497,326
64$2,496,583$1,002,177$731,293$1,553,049
65$2,692,715$992,763$697,271$1,613,303
66$2,907,008$981,045$660,266$1,678,590
67$3,141,257$966,850$620,119$1,749,468
68$3,397,439$949,999$576,667$1,826,558
69$3,677,728$930,300$529,735$1,910,549
70$3,984,519$907,548$479,145$2,002,203
71$4,320,451$881,528$424,707$2,102,370
72$4,688,427$852,013$366,225$2,211,989
73$5,091,647$818,762$303,493$2,332,103
74$5,533,632$781,519$236,298$2,463,867
75$6,018,263$740,014$164,414$2,608,563
76$6,549,813$693,961$87,609$2,767,609
77$7,132,987$643,059$5,638$2,942,578
78$7,772,972$586,989$0$3,135,210
79$8,475,475$525,412$0$3,371,010
80$9,246,789$457,972$0$3,631,800
81$10,093,841$384,292$0$3,918,396
82$11,024,265$303,975$0$4,233,494
83$12,046,468$216,598$0$4,580,071
84$13,169,715$121,718$0$4,961,416
85$14,404,210$18,867$0$5,381,161
86$15,761,196$0$0$5,843,314
87$17,253,059$0$0$6,391,977
88$18,893,445$0$0$7,004,316
89$20,697,388$0$0$7,677,865
90$22,681,452$0$0$8,418,828
91$24,863,889$0$0$9,234,041
92$27,264,806$0$0$10,131,034
93$29,906,357$0$0$11,118,108
94$32,812,954$0$0$12,204,404
95$36,011,492$0$0$13,399,999
96$39,531,607$0$0$14,715,993
97$43,405,952$0$0$16,164,618
98$47,670,508$0$0$17,759,351
99$52,364,918$0$0$19,515,045
100$57,532,867$0$0$21,448,063