Can I retire at age 51 with 752,000?

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 $752,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$62,099$61,546$61,007$60,480$59,966$59,513
2 years$30,742$30,170$29,615$29,077$28,555$28,099
3 years$20,291$19,716$19,163$18,630$18,116$17,670
4 years$15,067$14,494$13,946$13,422$12,921$12,489
5 years$11,933$11,363$10,822$10,309$9,822$9,405
6 years$9,844$9,279$8,746$8,244$7,772$7,371
7 years$8,353$7,792$7,268$6,778$6,321$5,935
8 years$7,235$6,679$6,164$5,686$5,244$4,874
9 years$6,366$5,816$5,309$4,843$4,416$4,062
10 years$5,671$5,126$4,628$4,175$3,763$3,424
11 years$5,103$4,564$4,075$3,633$3,236$2,913
12 years$4,630$4,096$3,616$3,187$2,804$2,496
13 years$4,230$3,702$3,231$2,814$2,445$2,152
14 years$3,888$3,365$2,903$2,498$2,144$1,865
15 years$3,591$3,074$2,621$2,227$1,887$1,622
16 years$3,332$2,820$2,376$1,994$1,668$1,417
17 years$3,103$2,597$2,162$1,792$1,479$1,241
18 years$2,900$2,400$1,974$1,615$1,315$1,089
19 years$2,719$2,224$1,807$1,459$1,172$959
20 years$2,556$2,067$1,658$1,322$1,047$845
21 years$2,409$1,925$1,525$1,199$937$747
22 years$2,275$1,797$1,406$1,091$840$660
23 years$2,153$1,681$1,298$993$754$585
24 years$2,041$1,575$1,201$906$678$519
25 years$1,939$1,478$1,112$827$610$460
26 years$1,844$1,389$1,031$756$549$409
27 years$1,757$1,307$958$692$495$363
28 years$1,676$1,232$890$634$447$323
29 years$1,601$1,162$828$582$403$288
30 years$1,531$1,097$772$534$365$256
31 years$1,465$1,037$719$490$330$228
32 years$1,404$982$671$451$298$204
33 years$1,347$930$627$414$270$182
34 years$1,293$881$586$381$244$162
35 years$1,242$836$547$351$221$145
36 years$1,194$793$512$323$200$129
37 years$1,149$753$479$298$182$115
38 years$1,107$716$449$275$165$103
39 years$1,066$681$421$253$149$92
40 years$1,028$648$394$233$135$82
41 years$992$617$370$215$123$73
42 years$957$587$347$199$112$65
43 years$925$559$325$184$101$58
44 years$893$533$305$169$92$52
45 years$864$509$287$156$83$47
46 years$835$485$269$145$76$42
47 years$808$463$253$134$69$37
48 years$783$442$238$123$62$33
49 years$758$422$224$114$57$30
50 years$734$403$210$105$52$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $752,000, adding $5,228 every year, while hoping to spend $23,305 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: 41/39/20 Blend
50$752,000$752,000$752,000$752,000
51$834,097$794,241$782,585$863,189
52$894,378$808,362$784,005$898,538
53$960,027$822,394$784,692$934,135
54$1,031,567$836,309$784,596$972,185
55$1,109,573$850,074$783,666$1,012,925
56$1,194,678$863,656$781,847$1,056,616
57$1,287,579$877,019$779,083$1,103,546
58$1,389,044$890,125$775,315$1,154,035
59$1,499,918$902,933$770,479$1,208,434
60$1,621,131$915,398$764,511$1,267,131
61$1,753,706$927,472$757,342$1,330,557
62$1,898,771$939,105$748,900$1,399,185
63$2,057,568$950,244$739,111$1,473,538
64$2,231,464$960,829$727,894$1,554,194
65$2,421,963$970,800$715,169$1,641,791
66$2,630,725$980,091$700,849$1,737,033
67$2,859,575$988,631$684,843$1,840,699
68$3,110,523$996,345$667,057$1,953,646
69$3,385,785$1,003,155$647,392$2,076,823
70$3,687,801$1,008,975$625,745$2,211,276
71$4,019,257$1,013,715$602,008$2,358,160
72$4,383,114$1,017,280$576,068$2,518,749
73$4,782,631$1,019,567$547,806$2,694,451
74$5,221,401$1,020,467$517,099$2,886,819
75$5,703,381$1,019,867$483,819$3,097,567
76$6,232,928$1,017,643$447,829$3,328,586
77$6,814,845$1,013,666$408,990$3,581,964
78$7,454,422$1,007,798$367,153$3,860,004
79$8,157,486$999,893$322,166$4,165,247
80$8,930,458$989,796$273,867$4,500,499
81$9,780,412$977,343$222,088$4,868,854
82$10,715,140$962,360$166,655$5,273,725
83$11,743,231$944,662$107,384$5,718,880
84$12,874,144$924,054$44,085$6,208,472
85$14,118,303$900,328$0$6,747,087
86$15,487,193$873,267$0$7,344,787
87$16,993,467$842,638$0$8,012,510
88$18,651,069$808,195$0$8,747,035
89$20,475,360$769,679$0$9,555,197
90$22,483,269$726,815$0$10,444,532
91$24,693,446$679,312$0$11,423,347
92$27,126,442$626,864$0$12,500,802
93$29,804,904$569,145$0$13,686,996
94$32,753,783$505,812$0$14,993,061
95$36,000,574$436,502$0$16,431,271
96$39,575,574$360,832$0$18,015,158
97$43,512,167$278,397$0$19,759,639
98$47,847,139$188,769$0$21,681,160
99$52,621,024$91,496$0$23,797,849
100$57,878,491$0$0$26,129,693