Can I retire at age 51 with 779,000?

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 $779,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$64,329$63,756$63,197$62,651$62,119$60,716
2 years$31,846$31,253$30,678$30,121$29,580$28,174
3 years$21,020$20,424$19,851$19,299$18,767$17,402
4 years$15,608$15,014$14,446$13,904$13,385$12,071
5 years$12,361$11,771$11,211$10,679$10,175$8,916
6 years$10,198$9,612$9,060$8,540$8,051$6,849
7 years$8,653$8,072$7,529$7,021$6,548$5,402
8 years$7,495$6,919$6,385$5,890$5,432$4,343
9 years$6,595$6,025$5,500$5,017$4,574$3,541
10 years$5,875$5,310$4,795$4,325$3,898$2,918
11 years$5,286$4,727$4,221$3,764$3,352$2,426
12 years$4,796$4,243$3,746$3,301$2,905$2,030
13 years$4,382$3,835$3,347$2,915$2,533$1,708
14 years$4,027$3,485$3,007$2,587$2,221$1,444
15 years$3,720$3,184$2,715$2,307$1,955$1,225
16 years$3,451$2,921$2,462$2,066$1,728$1,042
17 years$3,215$2,690$2,240$1,856$1,532$889
18 years$3,004$2,486$2,045$1,673$1,362$760
19 years$2,816$2,304$1,872$1,512$1,214$651
20 years$2,648$2,141$1,718$1,369$1,085$559
21 years$2,495$1,994$1,580$1,243$971$480
22 years$2,356$1,862$1,456$1,130$870$413
23 years$2,230$1,741$1,345$1,029$781$355
24 years$2,115$1,631$1,244$938$702$306
25 years$2,008$1,531$1,152$857$632$264
26 years$1,911$1,439$1,068$784$569$227
27 years$1,820$1,354$992$717$513$196
28 years$1,736$1,276$922$657$463$169
29 years$1,658$1,204$858$603$418$146
30 years$1,586$1,137$799$553$378$126
31 years$1,518$1,075$745$508$341$109
32 years$1,455$1,017$695$467$309$94
33 years$1,395$963$649$429$279$82
34 years$1,339$913$607$395$253$71
35 years$1,287$866$567$364$229$61
36 years$1,237$822$531$335$208$53
37 years$1,191$780$497$309$188$46
38 years$1,146$742$465$284$171$40
39 years$1,105$705$436$262$155$34
40 years$1,065$671$408$242$140$30
41 years$1,027$639$383$223$127$26
42 years$992$608$359$206$116$22
43 years$958$580$337$190$105$19
44 years$926$552$316$176$95$17
45 years$895$527$297$162$86$14
46 years$865$503$279$150$78$12
47 years$837$480$262$138$71$11
48 years$811$458$246$128$65$9
49 years$785$437$232$118$59$8
50 years$761$418$218$109$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $779,000, adding $3,314 every year, while hoping to spend $57,613 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: 56/38/6 Blend
50$779,000$779,000$779,000$779,000
51$861,876$820,589$808,515$908,855
52$888,488$799,498$774,300$919,780
53$915,883$775,443$737,009$924,935
54$944,081$748,217$696,476$929,125
55$973,100$717,603$652,531$932,265
56$1,002,960$683,369$604,994$934,263
57$1,033,679$645,272$553,680$935,022
58$1,065,278$603,054$498,391$934,439
59$1,097,773$556,440$438,924$932,405
60$1,131,184$505,144$375,066$928,803
61$1,165,528$448,859$306,594$923,507
62$1,200,822$387,264$233,275$916,387
63$1,237,084$320,017$154,868$907,302
64$1,274,328$246,760$71,117$896,101
65$1,312,569$167,111$0$882,628
66$1,351,821$80,669$0$867,882
67$1,392,097$0$0$855,449
68$1,433,405$0$0$846,032
69$1,475,755$0$0$870,953
70$1,519,154$0$0$896,483
71$1,563,604$0$0$922,622
72$1,609,108$0$0$949,371
73$1,655,663$0$0$976,726
74$1,703,262$0$0$1,004,682
75$1,751,897$0$0$1,033,233
76$1,801,551$0$0$1,062,367
77$1,852,206$0$0$1,092,071
78$1,903,835$0$0$1,122,326
79$1,956,405$0$0$1,153,112
80$2,009,876$0$0$1,184,402
81$2,064,199$0$0$1,216,165
82$2,119,317$0$0$1,248,362
83$2,175,161$0$0$1,280,949
84$2,231,650$0$0$1,313,877
85$2,288,693$0$0$1,347,084
86$2,346,180$0$0$1,380,503
87$2,403,988$0$0$1,414,055
88$2,461,975$0$0$1,447,651
89$2,519,979$0$0$1,481,189
90$2,577,817$0$0$1,514,553
91$2,635,280$0$0$1,547,611
92$2,692,131$0$0$1,580,217
93$2,748,104$0$0$1,612,203
94$2,802,900$0$0$1,643,382
95$2,856,182$0$0$1,673,544
96$2,907,571$0$0$1,702,452
97$2,956,644$0$0$1,729,841
98$3,002,926$0$0$1,755,418
99$3,045,887$0$0$1,778,851
100$3,084,934$0$0$1,799,772