Can I retire at age 51 with 763,000?

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 $763,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$63,008$62,447$61,899$61,365$60,843$59,541
2 years$31,192$30,611$30,048$29,502$28,973$27,668
3 years$20,588$20,005$19,443$18,902$18,381$17,114
4 years$15,287$14,706$14,150$13,618$13,110$11,889
5 years$12,107$11,529$10,981$10,460$9,966$8,796
6 years$9,988$9,415$8,874$8,365$7,886$6,768
7 years$8,475$7,906$7,374$6,877$6,413$5,347
8 years$7,341$6,777$6,254$5,769$5,320$4,306
9 years$6,459$5,901$5,387$4,914$4,480$3,517
10 years$5,754$5,201$4,696$4,236$3,818$2,904
11 years$5,178$4,630$4,134$3,687$3,283$2,418
12 years$4,698$4,156$3,669$3,234$2,845$2,028
13 years$4,292$3,756$3,278$2,855$2,481$1,710
14 years$3,944$3,414$2,945$2,534$2,175$1,448
15 years$3,643$3,119$2,659$2,260$1,915$1,231
16 years$3,380$2,861$2,411$2,024$1,692$1,050
17 years$3,148$2,635$2,194$1,818$1,501$897
18 years$2,943$2,435$2,003$1,639$1,334$769
19 years$2,759$2,257$1,834$1,481$1,189$660
20 years$2,593$2,097$1,683$1,341$1,062$568
21 years$2,444$1,953$1,548$1,217$951$489
22 years$2,308$1,823$1,426$1,107$852$421
23 years$2,184$1,705$1,317$1,008$765$363
24 years$2,071$1,598$1,218$919$688$314
25 years$1,967$1,499$1,128$839$619$271
26 years$1,871$1,409$1,046$767$557$234
27 years$1,783$1,326$972$703$502$203
28 years$1,701$1,250$903$644$453$176
29 years$1,624$1,179$841$590$409$152
30 years$1,553$1,113$783$542$370$132
31 years$1,487$1,053$730$497$334$114
32 years$1,425$996$681$457$302$99
33 years$1,366$943$636$420$274$86
34 years$1,312$894$594$387$248$74
35 years$1,260$848$555$356$224$64
36 years$1,212$805$520$328$203$56
37 years$1,166$764$486$302$184$48
38 years$1,123$726$455$279$167$42
39 years$1,082$691$427$257$152$36
40 years$1,043$657$400$237$137$32
41 years$1,006$626$375$219$125$27
42 years$971$596$352$202$113$24
43 years$938$568$330$186$103$21
44 years$907$541$310$172$93$18
45 years$876$516$291$159$85$16
46 years$848$492$273$147$77$14
47 years$820$470$257$135$70$12
48 years$794$448$241$125$63$10
49 years$769$428$227$116$58$9
50 years$745$409$213$107$52$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $763,000, adding $5,179 every year, while hoping to spend $20,143 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: 39/40/21 Blend
50$763,000$763,000$763,000$763,000
51$846,168$805,729$793,903$873,700
52$911,045$823,778$799,066$912,055
53$981,865$842,036$803,728$951,209
54$1,059,212$860,492$807,849$993,137
55$1,143,729$879,134$811,391$1,038,099
56$1,236,127$897,949$814,309$1,086,387
57$1,337,185$916,922$816,562$1,138,320
58$1,447,762$936,036$818,101$1,194,251
59$1,568,806$955,273$818,879$1,254,568
60$1,701,357$974,614$818,844$1,319,699
61$1,846,562$994,037$817,943$1,390,118
62$2,005,687$1,013,520$816,119$1,466,345
63$2,180,121$1,033,037$813,313$1,548,954
64$2,371,398$1,052,561$809,464$1,638,581
65$2,581,206$1,072,062$804,507$1,735,924
66$2,811,404$1,091,508$798,372$1,841,754
67$3,064,040$1,110,864$790,991$1,956,921
68$3,341,370$1,130,094$782,287$2,082,363
69$3,645,879$1,149,158$772,182$2,219,114
70$3,980,303$1,168,012$760,595$2,368,316
71$4,347,660$1,186,609$747,441$2,531,225
72$4,751,269$1,204,902$732,628$2,709,230
73$5,194,792$1,222,835$716,064$2,903,860
74$5,682,258$1,240,352$697,650$3,116,803
75$6,218,111$1,257,391$677,284$3,349,920
76$6,807,243$1,273,888$654,858$3,605,264
77$7,455,045$1,289,772$630,259$3,885,097
78$8,167,458$1,304,969$603,370$4,191,915
79$8,951,024$1,319,398$574,069$4,528,472
80$9,812,954$1,332,974$542,226$4,897,801
81$10,761,192$1,345,607$507,707$5,303,251
82$11,804,492$1,357,199$470,373$5,748,512
83$12,952,495$1,367,647$430,076$6,237,653
84$14,215,830$1,376,842$386,664$6,775,162
85$15,606,203$1,384,666$339,976$7,365,988
86$17,136,516$1,390,995$289,845$8,015,586
87$18,820,983$1,395,695$236,097$8,729,972
88$20,675,266$1,398,628$178,549$9,515,779
89$22,716,625$1,399,642$117,012$10,380,321
90$24,964,075$1,398,579$51,286$11,331,660
91$27,438,571$1,395,270$0$12,378,688
92$30,163,203$1,389,535$0$13,535,429
93$33,163,413$1,381,186$0$14,821,005
94$36,467,237$1,370,020$0$16,235,874
95$40,105,567$1,355,823$0$17,793,224
96$44,112,445$1,338,369$0$19,507,591
97$48,525,382$1,317,416$0$21,394,993
98$53,385,713$1,292,712$0$23,473,090
99$58,738,987$1,263,985$0$25,761,342
100$64,635,393$1,230,950$0$28,281,202