Can I retire at age 51 with 772,000?

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 $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%15.6%
1 years$63,751$63,183$62,629$62,088$61,560$60,145
2 years$31,560$30,972$30,403$29,850$29,314$27,897
3 years$20,831$20,241$19,672$19,125$18,598$17,222
4 years$15,468$14,879$14,316$13,779$13,264$11,940
5 years$12,250$11,665$11,110$10,583$10,083$8,815
6 years$10,106$9,526$8,979$8,464$7,979$6,768
7 years$8,575$8,000$7,461$6,958$6,489$5,335
8 years$7,428$6,857$6,328$5,837$5,383$4,286
9 years$6,535$5,970$5,450$4,972$4,533$3,492
10 years$5,822$5,263$4,752$4,286$3,863$2,877
11 years$5,239$4,685$4,183$3,730$3,322$2,390
12 years$4,753$4,205$3,712$3,272$2,879$1,998
13 years$4,343$3,800$3,317$2,888$2,510$1,680
14 years$3,991$3,454$2,980$2,564$2,201$1,419
15 years$3,686$3,155$2,691$2,287$1,938$1,203
16 years$3,420$2,895$2,440$2,047$1,712$1,023
17 years$3,186$2,666$2,220$1,840$1,518$872
18 years$2,977$2,464$2,026$1,658$1,350$745
19 years$2,791$2,283$1,855$1,498$1,203$638
20 years$2,624$2,122$1,703$1,357$1,075$547
21 years$2,473$1,976$1,566$1,231$962$469
22 years$2,335$1,845$1,443$1,120$862$403
23 years$2,210$1,725$1,333$1,020$774$347
24 years$2,096$1,617$1,232$930$696$298
25 years$1,990$1,517$1,142$849$626$257
26 years$1,893$1,426$1,059$777$564$222
27 years$1,804$1,342$983$711$508$191
28 years$1,721$1,264$914$651$459$165
29 years$1,643$1,193$850$597$414$142
30 years$1,571$1,127$792$548$374$123
31 years$1,504$1,065$739$503$338$106
32 years$1,441$1,008$689$463$306$92
33 years$1,383$954$643$425$277$79
34 years$1,327$904$601$391$251$68
35 years$1,275$858$562$360$227$59
36 years$1,226$814$526$332$206$51
37 years$1,180$773$492$306$187$44
38 years$1,136$735$461$282$169$38
39 years$1,095$699$432$260$153$33
40 years$1,055$665$405$240$139$29
41 years$1,018$633$379$221$126$25
42 years$983$603$356$204$115$21
43 years$949$574$334$188$104$18
44 years$917$547$314$174$94$16
45 years$887$522$294$161$86$14
46 years$858$498$276$148$78$12
47 years$830$475$260$137$71$10
48 years$803$454$244$127$64$9
49 years$778$433$229$117$58$8
50 years$754$414$216$108$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $772,000, adding $3,954 every year, while hoping to spend $21,829 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: 79/16/5 Blend
50$772,000$772,000$772,000$772,000
51$854,823$813,907$801,941$921,870
52$918,789$830,562$805,580$983,001
53$988,547$847,302$808,609$1,046,764
54$1,064,667$864,108$810,985$1,116,044
55$1,147,773$880,958$812,663$1,191,379
56$1,238,552$897,832$813,593$1,273,362
57$1,337,762$914,704$813,727$1,362,646
58$1,446,238$931,548$813,011$1,459,950
59$1,564,897$948,337$811,389$1,566,065
60$1,694,750$965,039$808,804$1,681,864
61$1,836,910$981,622$805,195$1,808,308
62$1,992,604$998,050$800,498$1,946,453
63$2,163,181$1,014,285$794,646$2,097,466
64$2,350,127$1,030,288$787,569$2,262,631
65$2,555,081$1,046,012$779,193$2,443,362
66$2,779,845$1,061,413$769,441$2,641,216
67$3,026,405$1,076,438$758,234$2,857,911
68$3,296,950$1,091,035$745,486$3,095,338
69$3,593,889$1,105,145$731,109$3,355,580
70$3,919,875$1,118,707$715,012$3,640,934
71$4,277,834$1,131,655$697,096$3,953,928
72$4,670,986$1,143,919$677,261$4,297,351
73$5,102,878$1,155,423$655,402$4,674,272
74$5,577,421$1,166,088$631,407$5,088,075
75$6,098,919$1,175,828$605,160$5,542,490
76$6,672,118$1,184,552$576,542$6,041,625
77$7,302,242$1,192,163$545,424$6,590,007
78$7,995,050$1,198,559$511,676$7,192,625
79$8,756,887$1,203,629$475,158$7,854,976
80$9,594,740$1,207,258$435,727$8,583,118
81$10,516,311$1,209,321$393,231$9,383,726
82$11,530,083$1,209,687$347,513$10,264,157
83$12,645,406$1,208,215$298,408$11,232,517
84$13,872,578$1,204,758$245,746$12,297,739
85$15,222,947$1,199,158$189,345$13,469,668
86$16,709,018$1,191,247$129,018$14,759,150
87$18,344,569$1,180,849$64,571$16,178,141
88$20,144,779$1,167,775$0$17,739,815
89$22,126,377$1,151,826$0$19,458,915
90$24,307,792$1,132,790$0$21,354,905
91$26,709,334$1,110,445$0$23,441,980
92$29,353,382$1,084,552$0$25,739,583
93$32,264,592$1,054,860$0$28,269,139
94$35,470,137$1,021,105$0$31,054,257
95$38,999,955$983,004$0$34,120,955
96$42,887,040$940,259$0$37,497,905
97$47,167,742$892,557$0$41,216,703
98$51,882,123$839,563$0$45,312,167
99$57,074,324$780,926$0$49,822,669
100$62,792,986$716,272$0$54,790,491