Can I retire at age 51 with 755,000?

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 $755,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$62,347$61,792$61,250$60,721$60,205$58,678
2 years$30,865$30,290$29,733$29,193$28,669$27,141
3 years$20,372$19,795$19,239$18,704$18,189$16,707
4 years$15,127$14,551$14,001$13,475$12,972$11,548
5 years$11,981$11,408$10,866$10,350$9,861$8,499
6 years$9,884$9,316$8,781$8,277$7,803$6,503
7 years$8,386$7,823$7,297$6,805$6,346$5,109
8 years$7,264$6,706$6,188$5,709$5,265$4,090
9 years$6,392$5,839$5,330$4,863$4,434$3,321
10 years$5,694$5,147$4,647$4,192$3,778$2,725
11 years$5,124$4,582$4,091$3,648$3,249$2,255
12 years$4,649$4,112$3,631$3,200$2,815$1,879
13 years$4,247$3,716$3,244$2,825$2,455$1,573
14 years$3,903$3,378$2,915$2,508$2,152$1,323
15 years$3,605$3,086$2,631$2,236$1,895$1,117
16 years$3,345$2,831$2,386$2,002$1,675$946
17 years$3,115$2,608$2,171$1,799$1,485$803
18 years$2,912$2,409$1,982$1,621$1,320$683
19 years$2,730$2,233$1,814$1,465$1,177$582
20 years$2,566$2,075$1,665$1,327$1,051$497
21 years$2,418$1,933$1,532$1,204$941$424
22 years$2,284$1,804$1,412$1,095$843$363
23 years$2,161$1,687$1,303$997$757$311
24 years$2,049$1,581$1,205$909$680$266
25 years$1,947$1,484$1,116$831$612$228
26 years$1,852$1,394$1,035$759$551$196
27 years$1,764$1,312$961$695$497$168
28 years$1,683$1,237$894$637$449$144
29 years$1,607$1,167$832$584$405$124
30 years$1,537$1,102$775$536$366$106
31 years$1,471$1,042$722$492$331$91
32 years$1,410$985$674$452$299$79
33 years$1,352$933$629$416$271$67
34 years$1,298$885$588$383$245$58
35 years$1,247$839$550$352$222$50
36 years$1,199$796$514$325$201$43
37 years$1,154$756$481$299$182$37
38 years$1,111$719$451$276$165$32
39 years$1,071$683$422$254$150$27
40 years$1,032$650$396$234$136$23
41 years$996$619$371$216$123$20
42 years$961$590$348$200$112$17
43 years$928$562$327$184$102$15
44 years$897$535$307$170$92$13
45 years$867$511$288$157$84$11
46 years$839$487$270$145$76$10
47 years$812$465$254$134$69$8
48 years$786$444$239$124$63$7
49 years$761$424$224$114$57$6
50 years$737$405$211$106$52$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $755,000, adding $5,345 every year, while hoping to spend $53,411 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: 65/30/5 Blend
50$755,000$755,000$755,000$755,000
51$837,523$797,508$785,806$891,045
52$866,122$779,757$755,301$909,521
53$895,847$759,346$721,985$922,817
54$926,758$736,089$685,706$935,917
55$958,917$709,787$646,307$948,797
56$992,392$680,232$603,624$961,431
57$1,027,255$647,202$557,484$973,791
58$1,063,583$610,463$507,707$985,852
59$1,101,460$569,768$454,108$997,586
60$1,140,977$524,854$396,488$1,008,964
61$1,182,231$475,446$334,644$1,019,958
62$1,225,325$421,250$268,362$1,030,542
63$1,270,375$361,957$197,418$1,040,687
64$1,317,501$297,241$121,580$1,050,367
65$1,366,837$226,757$40,604$1,059,556
66$1,418,527$150,140$0$1,068,228
67$1,472,725$67,006$0$1,078,805
68$1,529,601$0$0$1,091,292
69$1,589,338$0$0$1,111,128
70$1,652,135$0$0$1,155,249
71$1,718,210$0$0$1,201,690
72$1,787,796$0$0$1,250,620
73$1,861,153$0$0$1,302,220
74$1,938,557$0$0$1,356,692
75$2,020,316$0$0$1,414,251
76$2,106,761$0$0$1,475,135
77$2,198,255$0$0$1,539,603
78$2,295,194$0$0$1,607,938
79$2,398,012$0$0$1,680,448
80$2,507,181$0$0$1,757,473
81$2,623,220$0$0$1,839,382
82$2,746,695$0$0$1,926,578
83$2,878,224$0$0$2,019,505
84$3,018,488$0$0$2,118,648
85$3,168,230$0$0$2,224,537
86$3,328,263$0$0$2,337,756
87$3,499,482$0$0$2,458,942
88$3,682,864$0$0$2,588,795
89$3,879,484$0$0$2,728,083
90$4,090,520$0$0$2,877,648
91$4,317,264$0$0$3,038,415
92$4,561,136$0$0$3,211,398
93$4,823,693$0$0$3,397,712
94$5,106,647$0$0$3,598,580
95$5,411,877$0$0$3,815,348
96$5,741,447$0$0$4,049,492
97$6,097,626$0$0$4,302,635
98$6,482,908$0$0$4,576,562
99$6,900,034$0$0$4,873,234
100$7,352,016$0$0$5,194,808