Can I retire at age 51 with 769,000?

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 $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%12.7%
1 years$63,503$62,938$62,386$61,847$61,321$60,630
2 years$31,437$30,852$30,284$29,734$29,201$28,505
3 years$20,750$20,162$19,596$19,051$18,526$17,848
4 years$15,407$14,821$14,261$13,725$13,213$12,557
5 years$12,203$11,620$11,067$10,542$10,044$9,412
6 years$10,067$9,489$8,944$8,431$7,948$7,340
7 years$8,542$7,969$7,432$6,931$6,464$5,881
8 years$7,399$6,830$6,303$5,815$5,362$4,805
9 years$6,510$5,947$5,429$4,953$4,516$3,983
10 years$5,800$5,242$4,733$4,269$3,848$3,340
11 years$5,219$4,667$4,167$3,716$3,309$2,825
12 years$4,735$4,189$3,698$3,259$2,868$2,407
13 years$4,326$3,785$3,304$2,877$2,501$2,063
14 years$3,975$3,441$2,969$2,554$2,192$1,777
15 years$3,672$3,143$2,680$2,278$1,930$1,537
16 years$3,407$2,884$2,430$2,040$1,706$1,334
17 years$3,173$2,656$2,211$1,832$1,512$1,161
18 years$2,966$2,454$2,019$1,651$1,345$1,013
19 years$2,780$2,274$1,848$1,492$1,199$886
20 years$2,614$2,114$1,696$1,351$1,071$776
21 years$2,463$1,969$1,560$1,227$958$681
22 years$2,326$1,838$1,438$1,115$859$598
23 years$2,202$1,719$1,327$1,016$771$526
24 years$2,087$1,610$1,228$926$693$463
25 years$1,983$1,511$1,137$846$624$408
26 years$1,886$1,420$1,055$774$562$360
27 years$1,797$1,337$979$708$506$318
28 years$1,714$1,260$910$649$457$281
29 years$1,637$1,188$847$595$413$248
30 years$1,565$1,122$789$546$373$219
31 years$1,498$1,061$736$501$337$194
32 years$1,436$1,004$686$461$305$172
33 years$1,377$951$641$424$276$152
34 years$1,322$901$599$390$250$134
35 years$1,270$855$560$359$226$119
36 years$1,221$811$524$331$205$105
37 years$1,175$770$490$305$186$93
38 years$1,132$732$459$281$168$83
39 years$1,090$696$430$259$153$73
40 years$1,051$662$403$239$139$65
41 years$1,014$630$378$220$126$58
42 years$979$600$355$203$114$51
43 years$946$572$333$188$104$45
44 years$914$545$312$173$94$40
45 years$883$520$293$160$85$36
46 years$854$496$275$148$77$32
47 years$827$473$259$137$70$28
48 years$800$452$243$126$64$25
49 years$775$432$229$117$58$22
50 years$751$412$215$108$53$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $769,000, adding $2,447 every year, while hoping to spend $20,387 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: 41/45/14 Blend
50$769,000$769,000$769,000$769,000
51$849,962$809,205$797,286$881,201
52$914,967$827,165$802,303$921,436
53$985,918$845,321$806,805$962,762
54$1,063,402$863,662$810,754$1,007,048
55$1,148,063$882,174$814,107$1,054,573
56$1,240,608$900,844$816,823$1,105,645
57$1,341,820$919,656$818,856$1,160,602
58$1,452,558$938,591$820,160$1,219,817
59$1,573,768$957,630$820,684$1,283,702
60$1,706,492$976,754$820,377$1,352,710
61$1,851,878$995,939$819,184$1,427,343
62$2,011,191$1,015,161$817,048$1,508,150
63$2,185,822$1,034,394$813,908$1,595,740
64$2,377,303$1,053,607$809,702$1,690,782
65$2,587,325$1,072,771$804,364$1,794,016
66$2,817,746$1,091,850$797,824$1,906,255
67$3,070,616$1,110,810$790,011$2,028,399
68$3,348,190$1,129,612$780,847$2,161,436
69$3,652,955$1,148,212$770,255$2,306,459
70$3,987,647$1,166,565$758,150$2,464,672
71$4,355,285$1,184,624$744,445$2,637,401
72$4,759,189$1,202,336$729,049$2,826,111
73$5,203,021$1,219,646$711,868$3,032,416
74$5,690,814$1,236,493$692,800$3,258,094
75$6,227,010$1,252,814$671,741$3,505,107
76$6,816,503$1,268,540$648,582$3,775,620
77$7,464,686$1,283,598$623,210$4,072,018
78$8,177,500$1,297,910$595,504$4,396,931
79$8,961,491$1,311,394$565,339$4,753,259
80$9,823,870$1,323,959$532,585$5,144,200
81$10,772,584$1,335,512$497,105$5,573,279
82$11,816,387$1,345,951$458,757$6,044,385
83$12,964,925$1,355,170$417,392$6,561,802
84$14,228,827$1,363,053$372,855$7,130,258
85$15,619,803$1,369,478$324,982$7,754,962
86$17,150,758$1,374,318$273,603$8,441,659
87$18,835,908$1,377,433$218,542$9,196,681
88$20,690,921$1,378,677$159,614$10,027,013
89$22,733,059$1,377,896$96,624$10,940,352
90$24,981,342$1,374,923$29,372$11,945,185
91$27,456,729$1,369,585$0$13,050,869
92$30,182,315$1,361,695$0$14,274,052
93$33,183,549$1,351,055$0$15,624,867
94$36,488,471$1,337,458$0$17,111,493
95$40,127,982$1,320,680$0$18,747,785
96$44,136,131$1,300,487$0$20,549,018
97$48,550,436$1,276,631$0$22,532,024
98$53,412,241$1,248,846$0$24,715,359
99$58,767,104$1,216,855$0$27,119,475
100$64,665,229$1,180,361$0$29,766,915