Can I retire at age 51 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$63,999$63,429$62,873$62,330$61,800$59,869
2 years$31,683$31,093$30,521$29,966$29,428$27,501
3 years$20,912$20,319$19,749$19,200$18,671$16,806
4 years$15,528$14,937$14,372$13,832$13,316$11,529
5 years$12,298$11,711$11,153$10,624$10,123$8,418
6 years$10,145$9,563$9,014$8,496$8,010$6,389
7 years$8,609$8,031$7,490$6,985$6,514$4,977
8 years$7,456$6,884$6,352$5,860$5,404$3,950
9 years$6,561$5,994$5,471$4,991$4,551$3,177
10 years$5,845$5,283$4,770$4,303$3,878$2,583
11 years$5,259$4,703$4,199$3,745$3,335$2,117
12 years$4,772$4,221$3,727$3,284$2,890$1,746
13 years$4,359$3,815$3,330$2,900$2,520$1,448
14 years$4,006$3,468$2,992$2,574$2,209$1,205
15 years$3,701$3,168$2,701$2,296$1,945$1,007
16 years$3,434$2,906$2,449$2,055$1,719$843
17 years$3,198$2,677$2,229$1,847$1,524$708
18 years$2,989$2,473$2,034$1,664$1,355$596
19 years$2,802$2,292$1,862$1,504$1,208$502
20 years$2,634$2,130$1,709$1,362$1,079$423
21 years$2,482$1,984$1,572$1,236$966$358
22 years$2,344$1,852$1,449$1,124$866$302
23 years$2,219$1,732$1,338$1,024$777$256
24 years$2,104$1,623$1,237$934$698$216
25 years$1,998$1,523$1,146$853$628$183
26 years$1,901$1,431$1,063$780$566$155
27 years$1,811$1,347$987$714$510$132
28 years$1,727$1,269$917$654$460$112
29 years$1,650$1,198$854$600$416$95
30 years$1,578$1,131$795$550$376$80
31 years$1,510$1,069$741$505$340$68
32 years$1,447$1,012$692$464$307$58
33 years$1,388$958$646$427$278$49
34 years$1,332$908$603$393$252$42
35 years$1,280$861$564$362$228$35
36 years$1,231$817$528$333$207$30
37 years$1,184$776$494$307$187$26
38 years$1,140$738$463$283$170$22
39 years$1,099$702$433$261$154$18
40 years$1,060$667$406$241$140$16
41 years$1,022$635$381$222$127$13
42 years$987$605$357$205$115$11
43 years$953$577$335$189$104$10
44 years$921$550$315$175$95$8
45 years$890$524$296$161$86$7
46 years$861$500$278$149$78$6
47 years$833$477$261$138$71$5
48 years$807$455$245$127$64$4
49 years$781$435$230$118$58$4
50 years$757$415$217$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $775,000, adding $5,377 every year, while hoping to spend $42,612 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: 57/15/28 Blend
50$775,000$775,000$775,000$775,000
51$859,596$818,521$806,509$901,713
52$901,936$813,290$788,188$925,994
53$947,167$806,374$767,825$947,531
54$995,538$797,646$745,307$970,136
55$1,047,323$786,971$720,515$993,924
56$1,102,823$774,206$693,326$1,019,026
57$1,162,367$759,198$663,608$1,045,587
58$1,226,316$741,787$631,227$1,073,772
59$1,295,068$721,803$596,041$1,103,760
60$1,369,059$699,064$557,902$1,135,755
61$1,448,766$673,382$516,655$1,169,982
62$1,534,716$644,553$472,138$1,206,693
63$1,627,484$612,363$424,183$1,246,168
64$1,727,707$576,588$372,612$1,288,719
65$1,836,079$536,988$317,241$1,334,693
66$1,953,369$493,310$257,878$1,384,476
67$2,080,417$445,286$194,321$1,438,497
68$2,218,150$392,636$126,362$1,497,232
69$2,367,587$335,060$53,780$1,561,211
70$2,529,845$272,243$0$1,631,022
71$2,706,159$203,852$0$1,714,391
72$2,897,882$129,536$0$1,822,574
73$3,106,505$48,922$0$1,940,364
74$3,333,668$0$0$2,068,729
75$3,581,176$0$0$2,215,074
76$3,851,016$0$0$2,383,487
77$4,145,373$0$0$2,567,266
78$4,466,653$0$0$2,767,922
79$4,817,505$0$0$2,987,117
80$5,200,845$0$0$3,226,681
81$5,619,882$0$0$3,488,629
82$6,078,149$0$0$3,775,180
83$6,579,539$0$0$4,088,776
84$7,128,335$0$0$4,432,108
85$7,729,256$0$0$4,808,137
86$8,387,496$0$0$5,220,126
87$9,108,777$0$0$5,671,667
88$9,899,400$0$0$6,166,717
89$10,766,305$0$0$6,709,632
90$11,717,134$0$0$7,305,213
91$12,760,308$0$0$7,958,746
92$13,905,098$0$0$8,676,055
93$15,161,718$0$0$9,463,552
94$16,541,420$0$0$10,328,304
95$18,056,598$0$0$11,278,094
96$19,720,904$0$0$12,321,496
97$21,549,380$0$0$13,467,956
98$23,558,593$0$0$14,727,879
99$25,766,799$0$0$16,112,729
100$28,194,106$0$0$17,635,137