Can I retire at age 51 with 777,000?

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 $777,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$64,164$63,592$63,035$62,491$61,959$60,120
2 years$31,764$31,173$30,599$30,044$29,504$27,667
3 years$20,966$20,372$19,800$19,249$18,719$16,940
4 years$15,568$14,975$14,409$13,868$13,350$11,645
5 years$12,330$11,741$11,182$10,652$10,149$8,520
6 years$10,172$9,587$9,037$8,518$8,030$6,481
7 years$8,631$8,051$7,510$7,003$6,531$5,060
8 years$7,476$6,902$6,369$5,875$5,418$4,025
9 years$6,578$6,009$5,485$5,004$4,563$3,246
10 years$5,860$5,297$4,782$4,314$3,888$2,645
11 years$5,273$4,715$4,210$3,754$3,344$2,174
12 years$4,784$4,232$3,737$3,293$2,897$1,798
13 years$4,371$3,825$3,338$2,907$2,527$1,495
14 years$4,017$3,477$3,000$2,581$2,215$1,248
15 years$3,710$3,176$2,708$2,301$1,950$1,045
16 years$3,442$2,914$2,455$2,061$1,723$878
17 years$3,206$2,684$2,234$1,852$1,528$739
18 years$2,997$2,480$2,040$1,669$1,359$624
19 years$2,809$2,298$1,867$1,508$1,211$527
20 years$2,641$2,136$1,714$1,366$1,082$446
21 years$2,489$1,989$1,576$1,239$968$378
22 years$2,350$1,857$1,453$1,127$868$320
23 years$2,224$1,737$1,341$1,026$779$272
24 years$2,109$1,627$1,240$936$700$231
25 years$2,003$1,527$1,149$855$630$196
26 years$1,906$1,435$1,066$782$567$167
27 years$1,815$1,351$989$715$512$142
28 years$1,732$1,273$920$655$462$121
29 years$1,654$1,201$856$601$417$103
30 years$1,582$1,134$797$552$377$87
31 years$1,514$1,072$743$507$341$74
32 years$1,451$1,014$694$466$308$63
33 years$1,391$960$648$428$279$54
34 years$1,336$910$605$394$252$46
35 years$1,283$863$566$363$229$39
36 years$1,234$820$529$334$207$33
37 years$1,187$778$495$308$188$28
38 years$1,143$740$464$284$170$24
39 years$1,102$703$435$262$154$21
40 years$1,062$669$407$241$140$18
41 years$1,025$637$382$223$127$15
42 years$989$607$358$205$115$13
43 years$955$578$336$190$105$11
44 years$923$551$316$175$95$9
45 years$892$525$296$162$86$8
46 years$863$501$278$149$78$7
47 years$835$478$261$138$71$6
48 years$809$457$246$127$65$5
49 years$783$436$231$118$59$4
50 years$759$417$217$109$53$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $777,000, adding $3,753 every year, while hoping to spend $21,167 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: 59/36/5 Blend
50$777,000$777,000$777,000$777,000
51$860,125$818,944$806,901$909,891
52$925,336$836,551$811,410$961,270
53$996,490$854,311$815,362$1,014,500
54$1,074,169$872,210$818,714$1,071,996
55$1,159,017$890,230$821,423$1,134,168
56$1,251,740$908,355$823,444$1,201,466
57$1,353,119$926,565$824,731$1,274,387
58$1,464,009$944,839$825,231$1,353,479
59$1,585,356$963,154$824,894$1,439,343
60$1,718,198$981,485$823,665$1,532,644
61$1,863,682$999,805$821,484$1,634,112
62$2,023,066$1,018,085$818,293$1,744,554
63$2,197,741$1,036,293$814,028$1,864,856
64$2,389,235$1,054,395$808,622$1,995,998
65$2,599,231$1,072,355$802,006$2,139,056
66$2,829,586$1,090,134$794,106$2,295,217
67$3,082,341$1,107,688$784,846$2,465,792
68$3,359,748$1,124,973$774,147$2,652,221
69$3,664,286$1,141,940$761,924$2,856,093
70$3,998,684$1,158,536$748,089$3,079,160
71$4,365,951$1,174,705$732,551$3,323,352
72$4,769,400$1,190,388$715,214$3,590,795
73$5,212,682$1,205,520$695,977$3,883,833
74$5,699,818$1,220,033$674,735$4,205,050
75$6,235,239$1,233,854$651,377$4,557,294
76$6,823,824$1,246,904$625,790$4,943,701
77$7,470,952$1,259,100$597,851$5,367,732
78$8,182,547$1,270,353$567,437$5,833,197
79$8,965,135$1,280,569$534,414$6,344,298
80$9,825,908$1,289,646$498,647$6,905,665
81$10,772,789$1,297,478$459,990$7,522,403
82$11,814,509$1,303,949$418,295$8,200,136
83$12,960,685$1,308,939$373,404$8,945,064
84$14,221,915$1,312,317$325,153$9,764,021
85$15,609,877$1,313,948$273,373$10,664,538
86$17,137,437$1,313,684$217,883$11,654,917
87$18,818,772$1,311,370$158,498$12,744,306
88$20,669,502$1,306,843$95,024$13,942,792
89$22,706,840$1,299,927$27,256$15,261,487
90$24,949,752$1,290,438$0$16,712,642
91$27,419,135$1,278,178$0$18,312,164
92$30,138,017$1,262,939$0$20,074,239
93$33,131,773$1,244,500$0$22,013,824
94$36,428,361$1,222,629$0$24,149,010
95$40,058,592$1,197,075$0$26,499,736
96$44,056,414$1,167,577$0$29,087,975
97$48,459,237$1,133,857$0$31,937,946
98$53,308,283$1,095,621$0$35,076,339
99$58,648,978$1,052,556$0$38,532,571
100$64,531,376$1,004,333$0$42,339,063