Can I retire at age 51 with 778,000?

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 $778,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$64,247$63,674$63,116$62,571$62,039$59,648
2 years$31,805$31,213$30,639$30,082$29,542$27,162
3 years$20,993$20,398$19,825$19,274$18,743$16,448
4 years$15,588$14,995$14,428$13,886$13,368$11,176
5 years$12,346$11,756$11,197$10,666$10,162$8,079
6 years$10,185$9,600$9,048$8,529$8,041$6,068
7 years$8,642$8,062$7,519$7,012$6,539$4,676
8 years$7,485$6,910$6,377$5,883$5,425$3,669
9 years$6,586$6,017$5,492$5,011$4,569$2,918
10 years$5,867$5,303$4,788$4,319$3,893$2,344
11 years$5,280$4,721$4,216$3,759$3,348$1,897
12 years$4,790$4,238$3,741$3,297$2,901$1,545
13 years$4,376$3,830$3,343$2,911$2,530$1,265
14 years$4,022$3,481$3,003$2,584$2,218$1,039
15 years$3,715$3,180$2,712$2,304$1,953$856
16 years$3,447$2,918$2,458$2,063$1,726$707
17 years$3,210$2,687$2,237$1,854$1,530$586
18 years$3,000$2,483$2,042$1,671$1,361$486
19 years$2,813$2,301$1,870$1,510$1,213$403
20 years$2,644$2,138$1,716$1,367$1,083$335
21 years$2,492$1,992$1,578$1,241$969$279
22 years$2,353$1,859$1,455$1,128$869$232
23 years$2,227$1,739$1,343$1,028$780$194
24 years$2,112$1,629$1,242$937$701$162
25 years$2,006$1,529$1,150$856$631$135
26 years$1,908$1,437$1,067$783$568$112
27 years$1,818$1,352$991$716$512$94
28 years$1,734$1,274$921$656$462$78
29 years$1,656$1,202$857$602$417$65
30 years$1,584$1,135$798$552$377$55
31 years$1,516$1,073$744$507$341$46
32 years$1,453$1,016$694$466$308$38
33 years$1,393$962$648$429$279$32
34 years$1,338$911$606$394$253$27
35 years$1,285$865$566$363$229$22
36 years$1,236$821$530$334$207$19
37 years$1,189$779$496$308$188$16
38 years$1,145$741$464$284$170$13
39 years$1,103$704$435$262$155$11
40 years$1,064$670$408$242$140$9
41 years$1,026$638$382$223$127$8
42 years$991$607$359$206$115$6
43 years$957$579$337$190$105$5
44 years$924$552$316$175$95$4
45 years$894$526$297$162$86$4
46 years$864$502$279$150$78$3
47 years$836$479$262$138$71$3
48 years$810$457$246$128$65$2
49 years$784$437$231$118$59$2
50 years$760$417$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $778,000, adding $3,437 every year, while hoping to spend $57,451 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: 62/19/19 Blend
50$778,000$778,000$778,000$778,000
51$860,901$819,667$807,608$909,876
52$887,586$798,704$773,536$922,343
53$915,067$774,787$736,396$929,211
54$943,364$747,713$696,026$935,379
55$972,500$717,263$652,255$940,783
56$1,002,493$683,207$604,905$945,357
57$1,033,367$645,304$553,788$949,031
58$1,065,141$603,294$498,711$951,729
59$1,097,836$556,907$439,469$953,373
60$1,131,475$505,854$375,850$953,877
61$1,166,076$449,832$307,632$953,151
62$1,201,662$388,519$234,583$951,101
63$1,238,251$321,577$156,462$947,625
64$1,275,864$248,646$73,015$942,615
65$1,314,520$169,347$0$935,959
66$1,354,238$83,281$0$930,785
67$1,395,034$0$0$939,723
68$1,436,925$0$0$949,961
69$1,479,926$0$0$978,339
70$1,524,051$0$0$1,007,454
71$1,569,312$0$0$1,037,312
72$1,615,718$0$0$1,067,919
73$1,663,278$0$0$1,099,280
74$1,711,995$0$0$1,131,396
75$1,761,872$0$0$1,164,267
76$1,812,907$0$0$1,197,891
77$1,865,094$0$0$1,232,264
78$1,918,424$0$0$1,267,376
79$1,972,880$0$0$1,303,217
80$2,028,442$0$0$1,339,770
81$2,085,083$0$0$1,377,016
82$2,142,768$0$0$1,414,929
83$2,201,455$0$0$1,453,480
84$2,261,092$0$0$1,492,631
85$2,321,617$0$0$1,532,338
86$2,382,957$0$0$1,572,551
87$2,445,026$0$0$1,613,209
88$2,507,726$0$0$1,654,242
89$2,570,940$0$0$1,695,569
90$2,634,536$0$0$1,737,099
91$2,698,361$0$0$1,778,725
92$2,762,243$0$0$1,820,327
93$2,825,982$0$0$1,861,768
94$2,889,356$0$0$1,902,892
95$2,952,111$0$0$1,943,524
96$3,013,959$0$0$1,983,467
97$3,074,579$0$0$2,022,498
98$3,133,608$0$0$2,060,367
99$3,190,639$0$0$2,096,792
100$3,245,216$0$0$2,131,461