Can I retire at age 51 with 751,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $751,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$62,017$61,464$60,926$60,399$59,886$59,285
2 years$30,701$30,130$29,575$29,038$28,517$27,912
3 years$20,264$19,690$19,137$18,605$18,092$17,502
4 years$15,047$14,474$13,927$13,404$12,904$12,332
5 years$11,917$11,348$10,808$10,295$9,809$9,258
6 years$9,831$9,266$8,734$8,233$7,762$7,232
7 years$8,342$7,782$7,258$6,769$6,312$5,804
8 years$7,226$6,671$6,156$5,678$5,237$4,750
9 years$6,358$5,808$5,302$4,837$4,410$3,945
10 years$5,664$5,119$4,622$4,169$3,758$3,314
11 years$5,096$4,558$4,069$3,629$3,232$2,808
12 years$4,624$4,091$3,611$3,183$2,800$2,397
13 years$4,224$3,697$3,227$2,810$2,442$2,059
14 years$3,882$3,360$2,899$2,494$2,141$1,777
15 years$3,586$3,070$2,618$2,224$1,885$1,540
16 years$3,327$2,816$2,373$1,992$1,666$1,339
17 years$3,099$2,594$2,159$1,790$1,477$1,168
18 years$2,896$2,397$1,971$1,613$1,313$1,021
19 years$2,715$2,221$1,805$1,457$1,171$895
20 years$2,552$2,064$1,656$1,320$1,046$785
21 years$2,405$1,923$1,523$1,198$936$691
22 years$2,272$1,795$1,404$1,089$839$608
23 years$2,150$1,679$1,296$992$753$536
24 years$2,039$1,573$1,199$905$677$473
25 years$1,936$1,476$1,110$826$609$418
26 years$1,842$1,387$1,030$755$548$370
27 years$1,755$1,305$956$691$495$327
28 years$1,674$1,230$889$634$446$290
29 years$1,599$1,160$827$581$403$256
30 years$1,529$1,096$771$533$364$227
31 years$1,463$1,036$718$490$329$202
32 years$1,402$980$670$450$298$179
33 years$1,345$928$626$414$269$159
34 years$1,291$880$585$381$244$141
35 years$1,240$835$547$351$221$125
36 years$1,193$792$511$323$200$111
37 years$1,148$752$479$297$181$99
38 years$1,105$715$448$274$165$88
39 years$1,065$680$420$253$149$78
40 years$1,027$647$394$233$135$69
41 years$991$616$369$215$123$61
42 years$956$586$346$199$111$55
43 years$923$559$325$183$101$49
44 years$892$533$305$169$92$43
45 years$863$508$286$156$83$38
46 years$834$484$269$144$76$34
47 years$807$462$253$133$69$30
48 years$782$441$237$123$62$27
49 years$757$421$223$114$57$24
50 years$733$403$210$105$51$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $751,000, adding $4,876 every year, while hoping to spend $51,641 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: 79/14/7 Blend
50$751,000$751,000$751,000$751,000
51$832,632$792,829$781,188$897,371
52$862,614$776,732$752,412$924,412
53$893,925$758,115$720,942$946,815
54$926,643$736,801$686,631$969,847
55$960,858$712,601$649,330$993,546
56$996,662$685,316$608,880$1,017,954
57$1,034,160$654,734$565,115$1,043,117
58$1,073,461$620,632$517,863$1,069,086
59$1,114,685$582,775$466,944$1,095,920
60$1,157,965$540,913$412,168$1,123,680
61$1,203,441$494,781$353,339$1,152,439
62$1,251,267$444,100$290,251$1,182,274
63$1,301,611$388,576$222,689$1,213,272
64$1,354,656$327,897$150,430$1,245,532
65$1,410,600$261,734$73,239$1,279,160
66$1,469,661$189,738$0$1,314,277
67$1,532,073$111,542$0$1,351,700
68$1,598,096$26,759$0$1,396,774
69$1,668,011$0$0$1,444,211
70$1,742,124$0$0$1,504,231
71$1,820,772$0$0$1,572,309
72$1,904,322$0$0$1,644,642
73$1,993,176$0$0$1,721,580
74$2,087,773$0$0$1,803,505
75$2,188,595$0$0$1,890,835
76$2,296,168$0$0$1,984,029
77$2,411,071$0$0$2,083,590
78$2,533,936$0$0$2,190,067
79$2,665,456$0$0$2,304,064
80$2,806,393$0$0$2,426,243
81$2,957,581$0$0$2,557,331
82$3,119,935$0$0$2,698,122
83$3,294,461$0$0$2,849,493
84$3,482,262$0$0$3,012,403
85$3,684,549$0$0$3,187,906
86$3,902,653$0$0$3,377,159
87$4,138,035$0$0$3,581,435
88$4,392,302$0$0$3,802,132
89$4,667,217$0$0$4,040,784
90$4,964,722$0$0$4,299,079
91$5,286,947$0$0$4,578,875
92$5,636,238$0$0$4,882,209
93$6,015,173$0$0$5,211,328
94$6,426,586$0$0$5,568,697
95$6,873,595$0$0$5,957,030
96$7,359,632$0$0$6,379,314
97$7,888,470$0$0$6,838,834
98$8,464,262$0$0$7,339,202
99$9,091,576$0$0$7,884,396
100$9,775,441$0$0$8,478,792