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%13.7%
1 years$63,751$63,183$62,629$62,088$61,560$60,615
2 years$31,560$30,972$30,403$29,850$29,314$28,365
3 years$20,831$20,241$19,672$19,125$18,598$17,673
4 years$15,468$14,879$14,316$13,779$13,264$12,371
5 years$12,250$11,665$11,110$10,583$10,083$9,225
6 years$10,106$9,526$8,979$8,464$7,979$7,156
7 years$8,575$8,000$7,461$6,958$6,489$5,701
8 years$7,428$6,857$6,328$5,837$5,383$4,631
9 years$6,535$5,970$5,450$4,972$4,533$3,817
10 years$5,822$5,263$4,752$4,286$3,863$3,181
11 years$5,239$4,685$4,183$3,730$3,322$2,674
12 years$4,753$4,205$3,712$3,272$2,879$2,264
13 years$4,343$3,800$3,317$2,888$2,510$1,928
14 years$3,991$3,454$2,980$2,564$2,201$1,649
15 years$3,686$3,155$2,691$2,287$1,938$1,417
16 years$3,420$2,895$2,440$2,047$1,712$1,221
17 years$3,186$2,666$2,220$1,840$1,518$1,055
18 years$2,977$2,464$2,026$1,658$1,350$914
19 years$2,791$2,283$1,855$1,498$1,203$793
20 years$2,624$2,122$1,703$1,357$1,075$690
21 years$2,473$1,976$1,566$1,231$962$601
22 years$2,335$1,845$1,443$1,120$862$524
23 years$2,210$1,725$1,333$1,020$774$457
24 years$2,096$1,617$1,232$930$696$399
25 years$1,990$1,517$1,142$849$626$349
26 years$1,893$1,426$1,059$777$564$306
27 years$1,804$1,342$983$711$508$268
28 years$1,721$1,264$914$651$459$234
29 years$1,643$1,193$850$597$414$206
30 years$1,571$1,127$792$548$374$180
31 years$1,504$1,065$739$503$338$158
32 years$1,441$1,008$689$463$306$139
33 years$1,383$954$643$425$277$122
34 years$1,327$904$601$391$251$107
35 years$1,275$858$562$360$227$94
36 years$1,226$814$526$332$206$82
37 years$1,180$773$492$306$187$72
38 years$1,136$735$461$282$169$64
39 years$1,095$699$432$260$153$56
40 years$1,055$665$405$240$139$49
41 years$1,018$633$379$221$126$43
42 years$983$603$356$204$115$38
43 years$949$574$334$188$104$33
44 years$917$547$314$174$94$29
45 years$887$522$294$161$86$26
46 years$858$498$276$148$78$23
47 years$830$475$260$137$71$20
48 years$803$454$244$127$64$18
49 years$778$433$229$117$58$15
50 years$754$414$216$108$53$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $772,000, adding $3,781 every year, while hoping to spend $53,929 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: 76/8/16 Blend
50$772,000$772,000$772,000$772,000
51$854,644$813,728$801,762$916,310
52$884,438$796,221$771,241$940,066
53$915,463$776,048$737,890$958,999
54$947,788$753,022$701,558$978,294
55$981,488$726,946$662,085$997,969
56$1,016,641$697,607$619,306$1,018,047
57$1,053,333$664,785$573,048$1,038,551
58$1,091,657$628,244$523,129$1,059,511
59$1,131,713$587,735$469,361$1,080,957
60$1,173,610$542,995$411,546$1,102,926
61$1,217,463$493,747$349,478$1,125,459
62$1,263,400$439,696$282,941$1,148,601
63$1,311,558$380,533$211,711$1,172,404
64$1,362,085$315,927$135,552$1,196,927
65$1,415,144$245,534$54,219$1,222,236
66$1,470,910$168,986$0$1,248,405
67$1,529,573$85,897$0$1,281,079
68$1,591,343$0$0$1,325,030
69$1,656,444$0$0$1,371,509
70$1,725,123$0$0$1,428,531
71$1,797,648$0$0$1,488,760
72$1,874,313$0$0$1,552,439
73$1,955,436$0$0$1,619,835
74$2,041,368$0$0$1,691,241
75$2,132,488$0$0$1,766,975
76$2,229,215$0$0$1,847,386
77$2,332,002$0$0$1,932,855
78$2,441,349$0$0$2,023,797
79$2,557,801$0$0$2,120,671
80$2,681,956$0$0$2,223,974
81$2,814,467$0$0$2,334,255
82$2,956,051$0$0$2,452,112
83$3,107,494$0$0$2,578,204
84$3,269,656$0$0$2,713,250
85$3,443,483$0$0$2,858,041
86$3,630,010$0$0$3,013,444
87$3,830,375$0$0$3,180,411
88$4,045,825$0$0$3,359,985
89$4,277,731$0$0$3,553,314
90$4,527,597$0$0$3,761,656
91$4,797,075$0$0$3,986,396
92$5,087,982$0$0$4,229,052
93$5,402,312$0$0$4,491,294
94$5,742,258$0$0$4,774,958
95$6,110,228$0$0$5,082,060
96$6,508,873$0$0$5,414,818
97$6,941,104$0$0$5,775,672
98$7,410,126$0$0$6,167,301
99$7,919,460$0$0$6,592,655
100$8,472,982$0$0$7,054,979