Can I retire at age 51 with 775,000?

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 $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%19.7%
1 years$63,999$63,429$62,873$62,330$61,800$59,395
2 years$31,683$31,093$30,521$29,966$29,428$27,034
3 years$20,912$20,319$19,749$19,200$18,671$16,363
4 years$15,528$14,937$14,372$13,832$13,316$11,112
5 years$12,298$11,711$11,153$10,624$10,123$8,029
6 years$10,145$9,563$9,014$8,496$8,010$6,027
7 years$8,609$8,031$7,490$6,985$6,514$4,641
8 years$7,456$6,884$6,352$5,860$5,404$3,640
9 years$6,561$5,994$5,471$4,991$4,551$2,893
10 years$5,845$5,283$4,770$4,303$3,878$2,322
11 years$5,259$4,703$4,199$3,745$3,335$1,879
12 years$4,772$4,221$3,727$3,284$2,890$1,529
13 years$4,359$3,815$3,330$2,900$2,520$1,251
14 years$4,006$3,468$2,992$2,574$2,209$1,027
15 years$3,701$3,168$2,701$2,296$1,945$845
16 years$3,434$2,906$2,449$2,055$1,719$698
17 years$3,198$2,677$2,229$1,847$1,524$577
18 years$2,989$2,473$2,034$1,664$1,355$479
19 years$2,802$2,292$1,862$1,504$1,208$397
20 years$2,634$2,130$1,709$1,362$1,079$330
21 years$2,482$1,984$1,572$1,236$966$274
22 years$2,344$1,852$1,449$1,124$866$228
23 years$2,219$1,732$1,338$1,024$777$190
24 years$2,104$1,623$1,237$934$698$158
25 years$1,998$1,523$1,146$853$628$132
26 years$1,901$1,431$1,063$780$566$110
27 years$1,811$1,347$987$714$510$92
28 years$1,727$1,269$917$654$460$77
29 years$1,650$1,198$854$600$416$64
30 years$1,578$1,131$795$550$376$53
31 years$1,510$1,069$741$505$340$45
32 years$1,447$1,012$692$464$307$37
33 years$1,388$958$646$427$278$31
34 years$1,332$908$603$393$252$26
35 years$1,280$861$564$362$228$22
36 years$1,231$817$528$333$207$18
37 years$1,184$776$494$307$187$15
38 years$1,140$738$463$283$170$13
39 years$1,099$702$433$261$154$11
40 years$1,060$667$406$241$140$9
41 years$1,022$635$381$222$127$7
42 years$987$605$357$205$115$6
43 years$953$577$335$189$104$5
44 years$921$550$315$175$95$4
45 years$890$524$296$161$86$4
46 years$861$500$278$149$78$3
47 years$833$477$261$138$71$2
48 years$807$455$245$127$64$2
49 years$781$435$230$118$58$2
50 years$757$415$217$109$53$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $775,000, adding $2,548 every year, while hoping to spend $23,387 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: 61/10/29 Blend
50$775,000$775,000$775,000$775,000
51$856,678$815,603$803,591$902,079
52$919,176$830,684$805,627$948,398
53$987,264$845,720$806,949$996,202
54$1,061,489$860,685$807,505$1,047,896
55$1,142,451$875,548$807,247$1,103,866
56$1,230,811$890,280$806,119$1,164,537
57$1,327,296$904,846$804,067$1,230,377
58$1,432,708$919,211$801,030$1,301,904
59$1,547,927$933,335$796,948$1,379,687
60$1,673,925$947,178$791,755$1,464,356
61$1,811,769$960,694$785,383$1,556,603
62$1,962,638$973,836$777,762$1,657,194
63$2,127,827$986,554$768,816$1,766,972
64$2,308,762$998,792$758,468$1,886,868
65$2,507,016$1,010,492$746,637$2,017,906
66$2,724,318$1,021,593$733,236$2,161,219
67$2,962,575$1,032,028$718,176$2,318,054
68$3,223,886$1,041,725$701,363$2,489,787
69$3,510,563$1,050,611$682,700$2,677,935
70$3,825,154$1,058,604$662,083$2,884,170
71$4,170,463$1,065,619$639,406$3,110,338
72$4,549,580$1,071,564$614,557$3,358,473
73$4,965,910$1,076,344$587,417$3,630,817
74$5,423,202$1,079,854$557,865$3,929,845
75$5,925,587$1,081,985$525,772$4,258,282
76$6,477,616$1,082,621$491,004$4,619,136
77$7,084,302$1,081,639$453,422$5,015,722
78$7,751,167$1,078,906$412,878$5,451,695
79$8,484,298$1,074,284$369,221$5,931,085
80$9,290,397$1,067,624$322,290$6,458,336
81$10,176,850$1,058,770$271,919$7,038,345
82$11,151,794$1,047,555$217,934$7,676,514
83$12,224,195$1,033,804$160,153$8,378,796
84$13,403,931$1,017,328$98,387$9,151,755
85$14,701,886$997,931$32,436$10,002,627
86$16,130,051$975,402$0$10,939,390
87$17,701,638$949,519$0$11,982,578
88$19,431,207$920,047$0$13,141,620
89$21,334,797$886,737$0$14,417,224
90$23,430,085$849,325$0$15,821,243
91$25,736,544$807,533$0$17,366,740
92$28,275,635$761,065$0$19,068,108
93$31,071,004$709,611$0$20,941,208
94$34,148,704$652,840$0$23,003,522
95$37,537,446$590,403$0$25,274,310
96$41,268,865$521,933$0$27,774,799
97$45,377,822$447,040$0$30,528,381
98$49,902,726$365,312$0$33,560,834
99$54,885,907$276,315$0$36,900,565
100$60,374,005$179,589$0$40,578,877