Can I retire at age 51 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$63,503$62,938$62,386$61,847$61,321$59,075
2 years$31,437$30,852$30,284$29,734$29,201$26,963
3 years$20,750$20,162$19,596$19,051$18,526$16,367
4 years$15,407$14,821$14,261$13,725$13,213$11,149
5 years$12,203$11,620$11,067$10,542$10,044$8,080
6 years$10,067$9,489$8,944$8,431$7,948$6,086
7 years$8,542$7,969$7,432$6,931$6,464$4,703
8 years$7,399$6,830$6,303$5,815$5,362$3,701
9 years$6,510$5,947$5,429$4,953$4,516$2,952
10 years$5,800$5,242$4,733$4,269$3,848$2,379
11 years$5,219$4,667$4,167$3,716$3,309$1,932
12 years$4,735$4,189$3,698$3,259$2,868$1,579
13 years$4,326$3,785$3,304$2,877$2,501$1,297
14 years$3,975$3,441$2,969$2,554$2,192$1,069
15 years$3,672$3,143$2,680$2,278$1,930$884
16 years$3,407$2,884$2,430$2,040$1,706$733
17 years$3,173$2,656$2,211$1,832$1,512$609
18 years$2,966$2,454$2,019$1,651$1,345$507
19 years$2,780$2,274$1,848$1,492$1,199$423
20 years$2,614$2,114$1,696$1,351$1,071$353
21 years$2,463$1,969$1,560$1,227$958$295
22 years$2,326$1,838$1,438$1,115$859$246
23 years$2,202$1,719$1,327$1,016$771$206
24 years$2,087$1,610$1,228$926$693$173
25 years$1,983$1,511$1,137$846$624$145
26 years$1,886$1,420$1,055$774$562$121
27 years$1,797$1,337$979$708$506$102
28 years$1,714$1,260$910$649$457$85
29 years$1,637$1,188$847$595$413$71
30 years$1,565$1,122$789$546$373$60
31 years$1,498$1,061$736$501$337$50
32 years$1,436$1,004$686$461$305$42
33 years$1,377$951$641$424$276$35
34 years$1,322$901$599$390$250$30
35 years$1,270$855$560$359$226$25
36 years$1,221$811$524$331$205$21
37 years$1,175$770$490$305$186$18
38 years$1,132$732$459$281$168$15
39 years$1,090$696$430$259$153$12
40 years$1,051$662$403$239$139$10
41 years$1,014$630$378$220$126$9
42 years$979$600$355$203$114$7
43 years$946$572$333$188$104$6
44 years$914$545$312$173$94$5
45 years$883$520$293$160$85$4
46 years$854$496$275$148$77$4
47 years$827$473$259$137$70$3
48 years$800$452$243$126$64$3
49 years$775$432$229$117$58$2
50 years$751$412$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $769,000, adding $2,940 every year, while hoping to spend $23,001 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: 49/22/29 Blend
50$769,000$769,000$769,000$769,000
51$850,471$809,714$797,794$885,000
52$912,746$824,917$800,047$924,750
53$980,602$840,094$801,605$965,414
54$1,054,584$855,219$802,420$1,009,154
55$1,135,293$870,266$802,442$1,056,272
56$1,223,388$885,204$801,618$1,107,102
57$1,319,595$900,001$799,895$1,162,012
58$1,424,716$914,623$797,213$1,221,409
59$1,539,630$929,032$793,513$1,285,742
60$1,665,308$943,191$788,731$1,355,507
61$1,802,816$957,054$782,801$1,431,251
62$1,953,332$970,578$775,653$1,513,577
63$2,118,149$983,714$767,215$1,603,151
64$2,298,693$996,409$757,409$1,700,709
65$2,496,534$1,008,607$746,157$1,807,060
66$2,713,401$1,020,249$733,374$1,923,101
67$2,951,199$1,031,272$718,972$2,049,818
68$3,212,024$1,041,608$702,861$2,188,302
69$3,498,187$1,051,183$684,944$2,339,753
70$3,812,233$1,059,922$665,120$2,505,499
71$4,156,965$1,067,742$643,285$2,687,003
72$4,535,469$1,074,555$619,329$2,885,878
73$4,951,147$1,080,269$593,137$3,103,905
74$5,407,746$1,084,784$564,589$3,343,049
75$5,909,393$1,087,995$533,559$3,605,477
76$6,460,634$1,089,790$499,917$3,893,578
77$7,066,480$1,090,050$463,525$4,209,990
78$7,732,447$1,088,650$424,240$4,557,619
79$8,464,617$1,085,454$381,912$4,939,674
80$9,269,687$1,080,320$336,385$5,359,692
81$10,155,038$1,073,098$287,496$5,821,573
82$11,128,799$1,063,627$235,074$6,329,621
83$12,199,928$1,051,737$178,942$6,888,580
84$13,378,297$1,037,248$118,912$7,503,682
85$14,674,780$1,019,970$54,792$8,180,698
86$16,101,359$999,699$0$8,925,991
87$17,671,236$976,223$0$9,750,795
88$19,398,958$949,314$0$10,676,997
89$21,300,553$918,731$0$11,696,223
90$23,393,682$884,222$0$12,817,950
91$25,697,805$845,516$0$14,052,624
92$28,234,365$802,330$0$15,411,756
93$31,026,988$754,363$0$16,908,036
94$34,101,710$701,295$0$18,555,447
95$37,487,217$642,792$0$20,369,402
96$41,215,120$578,496$0$22,366,887
97$45,320,253$508,032$0$24,566,623
98$49,840,996$431,003$0$26,989,243
99$54,819,645$346,990$0$29,657,489
100$60,302,804$255,547$0$32,596,423