Can I retire at age 51 with 772,000?

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 $772,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$63,751$63,183$62,629$62,088$61,560$59,951
2 years$31,560$30,972$30,403$29,850$29,314$27,704
3 years$20,831$20,241$19,672$19,125$18,598$17,037
4 years$15,468$14,879$14,316$13,779$13,264$11,764
5 years$12,250$11,665$11,110$10,583$10,083$8,649
6 years$10,106$9,526$8,979$8,464$7,979$6,611
7 years$8,575$8,000$7,461$6,958$6,489$5,188
8 years$7,428$6,857$6,328$5,837$5,383$4,149
9 years$6,535$5,970$5,450$4,972$4,533$3,364
10 years$5,822$5,263$4,752$4,286$3,863$2,757
11 years$5,239$4,685$4,183$3,730$3,322$2,279
12 years$4,753$4,205$3,712$3,272$2,879$1,896
13 years$4,343$3,800$3,317$2,888$2,510$1,586
14 years$3,991$3,454$2,980$2,564$2,201$1,332
15 years$3,686$3,155$2,691$2,287$1,938$1,123
16 years$3,420$2,895$2,440$2,047$1,712$949
17 years$3,186$2,666$2,220$1,840$1,518$805
18 years$2,977$2,464$2,026$1,658$1,350$683
19 years$2,791$2,283$1,855$1,498$1,203$581
20 years$2,624$2,122$1,703$1,357$1,075$495
21 years$2,473$1,976$1,566$1,231$962$423
22 years$2,335$1,845$1,443$1,120$862$361
23 years$2,210$1,725$1,333$1,020$774$308
24 years$2,096$1,617$1,232$930$696$264
25 years$1,990$1,517$1,142$849$626$226
26 years$1,893$1,426$1,059$777$564$193
27 years$1,804$1,342$983$711$508$166
28 years$1,721$1,264$914$651$459$142
29 years$1,643$1,193$850$597$414$122
30 years$1,571$1,127$792$548$374$104
31 years$1,504$1,065$739$503$338$90
32 years$1,441$1,008$689$463$306$77
33 years$1,383$954$643$425$277$66
34 years$1,327$904$601$391$251$57
35 years$1,275$858$562$360$227$49
36 years$1,226$814$526$332$206$42
37 years$1,180$773$492$306$187$36
38 years$1,136$735$461$282$169$31
39 years$1,095$699$432$260$153$26
40 years$1,055$665$405$240$139$23
41 years$1,018$633$379$221$126$19
42 years$983$603$356$204$115$17
43 years$949$574$334$188$104$14
44 years$917$547$314$174$94$12
45 years$887$522$294$161$86$11
46 years$858$498$276$148$78$9
47 years$830$475$260$137$71$8
48 years$803$454$244$127$64$7
49 years$778$433$229$117$58$6
50 years$754$414$216$108$53$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $772,000, adding $3,794 every year, while hoping to spend $33,161 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: 59/19/22 Blend
50$772,000$772,000$772,000$772,000
51$854,658$813,742$801,776$899,867
52$906,550$818,332$793,352$935,618
53$962,623$822,036$783,535$970,668
54$1,023,270$824,774$772,242$1,008,165
55$1,088,920$826,465$759,389$1,048,355
56$1,160,046$827,019$744,885$1,091,507
57$1,237,170$826,341$728,638$1,137,918
58$1,320,862$824,332$710,548$1,187,919
59$1,411,752$820,887$690,513$1,241,875
60$1,510,532$815,891$668,426$1,300,188
61$1,617,962$809,227$644,175$1,363,305
62$1,734,882$800,766$617,643$1,431,718
63$1,862,212$790,376$588,705$1,505,971
64$2,000,966$777,913$557,236$1,586,667
65$2,152,261$763,227$523,099$1,674,471
66$2,317,324$746,157$486,156$1,770,118
67$2,497,508$726,536$446,259$1,874,420
68$2,694,301$704,184$403,256$1,988,274
69$2,909,342$678,910$356,987$2,112,672
70$3,144,434$650,516$307,285$2,248,709
71$3,401,562$618,788$253,975$2,397,593
72$3,682,915$583,501$196,876$2,560,661
73$3,990,898$544,419$135,798$2,739,388
74$4,328,164$501,290$70,542$2,935,402
75$4,697,633$453,849$901$3,150,503
76$5,102,519$401,815$0$3,386,674
77$5,546,364$344,892$0$3,663,344
78$6,033,068$282,766$0$3,967,044
79$6,566,926$215,107$0$4,300,288
80$7,152,670$141,565$0$4,666,083
81$7,795,512$61,771$0$5,067,743
82$8,501,191$0$0$5,508,923
83$9,276,031$0$0$5,998,808
84$10,126,999$0$0$6,551,073
85$11,061,766$0$0$7,157,792
86$12,088,787$0$0$7,824,458
87$13,217,374$0$0$8,557,127
88$14,457,786$0$0$9,362,467
89$15,821,326$0$0$10,247,825
90$17,320,445$0$0$11,221,298
91$18,968,863$0$0$12,291,803
92$20,781,693$0$0$13,469,166
93$22,775,590$0$0$14,764,213
94$24,968,901$0$0$16,188,873
95$27,381,840$0$0$17,756,288
96$30,036,682$0$0$19,480,938
97$32,957,967$0$0$21,378,777
98$36,172,736$0$0$23,467,386
99$39,710,783$0$0$25,766,134
100$43,604,936$0$0$28,296,364