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%16.1%
1 years$63,503$62,938$62,386$61,847$61,321$59,790
2 years$31,437$30,852$30,284$29,734$29,201$27,668
3 years$20,750$20,162$19,596$19,051$18,526$17,039
4 years$15,407$14,821$14,261$13,725$13,213$11,784
5 years$12,203$11,620$11,067$10,542$10,044$8,677
6 years$10,067$9,489$8,944$8,431$7,948$6,643
7 years$8,542$7,969$7,432$6,931$6,464$5,222
8 years$7,399$6,830$6,303$5,815$5,362$4,183
9 years$6,510$5,947$5,429$4,953$4,516$3,398
10 years$5,800$5,242$4,733$4,269$3,848$2,791
11 years$5,219$4,667$4,167$3,716$3,309$2,311
12 years$4,735$4,189$3,698$3,259$2,868$1,926
13 years$4,326$3,785$3,304$2,877$2,501$1,614
14 years$3,975$3,441$2,969$2,554$2,192$1,359
15 years$3,672$3,143$2,680$2,278$1,930$1,148
16 years$3,407$2,884$2,430$2,040$1,706$973
17 years$3,173$2,656$2,211$1,832$1,512$826
18 years$2,966$2,454$2,019$1,651$1,345$703
19 years$2,780$2,274$1,848$1,492$1,199$600
20 years$2,614$2,114$1,696$1,351$1,071$512
21 years$2,463$1,969$1,560$1,227$958$438
22 years$2,326$1,838$1,438$1,115$859$375
23 years$2,202$1,719$1,327$1,016$771$321
24 years$2,087$1,610$1,228$926$693$275
25 years$1,983$1,511$1,137$846$624$236
26 years$1,886$1,420$1,055$774$562$203
27 years$1,797$1,337$979$708$506$174
28 years$1,714$1,260$910$649$457$150
29 years$1,637$1,188$847$595$413$129
30 years$1,565$1,122$789$546$373$111
31 years$1,498$1,061$736$501$337$95
32 years$1,436$1,004$686$461$305$82
33 years$1,377$951$641$424$276$70
34 years$1,322$901$599$390$250$61
35 years$1,270$855$560$359$226$52
36 years$1,221$811$524$331$205$45
37 years$1,175$770$490$305$186$39
38 years$1,132$732$459$281$168$33
39 years$1,090$696$430$259$153$29
40 years$1,051$662$403$239$139$25
41 years$1,014$630$378$220$126$21
42 years$979$600$355$203$114$18
43 years$946$572$333$188$104$16
44 years$914$545$312$173$94$14
45 years$883$520$293$160$85$12
46 years$854$496$275$148$77$10
47 years$827$473$259$137$70$9
48 years$800$452$243$126$64$7
49 years$775$432$229$117$58$6
50 years$751$412$215$108$53$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $769,000, adding $2,214 every year, while hoping to spend $39,563 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: 42/33/25 Blend
50$769,000$769,000$769,000$769,000
51$849,722$808,965$797,045$879,107
52$894,299$806,509$781,652$897,902
53$942,096$802,608$764,416$914,310
54$993,402$797,147$745,236$931,303
55$1,048,529$790,008$724,002$948,955
56$1,107,825$781,064$700,601$967,355
57$1,171,667$770,180$674,916$986,601
58$1,240,473$757,215$646,821$1,006,805
59$1,314,700$742,017$616,188$1,028,092
60$1,394,851$724,427$582,882$1,050,605
61$1,481,478$704,276$546,760$1,074,505
62$1,575,187$681,384$507,676$1,099,973
63$1,676,647$655,563$465,474$1,127,212
64$1,786,591$626,611$419,993$1,156,451
65$1,905,825$594,317$371,064$1,187,946
66$2,035,236$558,456$318,513$1,221,984
67$2,175,801$518,791$262,153$1,258,888
68$2,328,592$475,070$201,794$1,299,018
69$2,494,789$427,030$137,236$1,342,777
70$2,675,692$374,389$68,267$1,390,616
71$2,872,730$316,851$0$1,443,036
72$3,087,476$254,104$0$1,502,021
73$3,321,659$185,816$0$1,586,301
74$3,577,187$111,639$0$1,678,405
75$3,856,155$31,204$0$1,779,178
76$4,160,871$0$0$1,889,550
77$4,493,877$0$0$2,030,848
78$4,857,971$0$0$2,197,819
79$5,256,232$0$0$2,380,555
80$5,692,053$0$0$2,580,625
81$6,169,167$0$0$2,799,755
82$6,691,688$0$0$3,039,847
83$7,264,144$0$0$3,302,997
84$7,891,522$0$0$3,591,509
85$8,579,315$0$0$3,907,926
86$9,333,573$0$0$4,255,045
87$10,160,959$0$0$4,635,948
88$11,068,813$0$0$5,054,030
89$12,065,218$0$0$5,513,031
90$13,159,079$0$0$6,017,069
91$14,360,205$0$0$6,570,684
92$15,679,401$0$0$7,178,873
93$17,128,570$0$0$7,847,144
94$18,720,826$0$0$8,581,563
95$20,470,613$0$0$9,388,815
96$22,393,847$0$0$10,276,261
97$24,508,061$0$0$11,252,016
98$26,832,571$0$0$12,325,017
99$29,388,659$0$0$13,505,110
100$32,199,771$0$0$14,803,145