Can I retire at age 51 with 779,000?

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 $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%11.2%
1 years$64,329$63,756$63,197$62,651$62,119$61,805
2 years$31,846$31,253$30,678$30,121$29,580$29,264
3 years$21,020$20,424$19,851$19,299$18,767$18,457
4 years$15,608$15,014$14,446$13,904$13,385$13,084
5 years$12,361$11,771$11,211$10,679$10,175$9,885
6 years$10,198$9,612$9,060$8,540$8,051$7,771
7 years$8,653$8,072$7,529$7,021$6,548$6,279
8 years$7,495$6,919$6,385$5,890$5,432$5,174
9 years$6,595$6,025$5,500$5,017$4,574$4,327
10 years$5,875$5,310$4,795$4,325$3,898$3,661
11 years$5,286$4,727$4,221$3,764$3,352$3,125
12 years$4,796$4,243$3,746$3,301$2,905$2,688
13 years$4,382$3,835$3,347$2,915$2,533$2,327
14 years$4,027$3,485$3,007$2,587$2,221$2,024
15 years$3,720$3,184$2,715$2,307$1,955$1,768
16 years$3,451$2,921$2,462$2,066$1,728$1,550
17 years$3,215$2,690$2,240$1,856$1,532$1,363
18 years$3,004$2,486$2,045$1,673$1,362$1,202
19 years$2,816$2,304$1,872$1,512$1,214$1,062
20 years$2,648$2,141$1,718$1,369$1,085$941
21 years$2,495$1,994$1,580$1,243$971$835
22 years$2,356$1,862$1,456$1,130$870$742
23 years$2,230$1,741$1,345$1,029$781$660
24 years$2,115$1,631$1,244$938$702$588
25 years$2,008$1,531$1,152$857$632$524
26 years$1,911$1,439$1,068$784$569$468
27 years$1,820$1,354$992$717$513$418
28 years$1,736$1,276$922$657$463$373
29 years$1,658$1,204$858$603$418$334
30 years$1,586$1,137$799$553$378$299
31 years$1,518$1,075$745$508$341$268
32 years$1,455$1,017$695$467$309$240
33 years$1,395$963$649$429$279$215
34 years$1,339$913$607$395$253$193
35 years$1,287$866$567$364$229$173
36 years$1,237$822$531$335$208$155
37 years$1,191$780$497$309$188$139
38 years$1,146$742$465$284$171$125
39 years$1,105$705$436$262$155$112
40 years$1,065$671$408$242$140$101
41 years$1,027$639$383$223$127$90
42 years$992$608$359$206$116$81
43 years$958$580$337$190$105$73
44 years$926$552$316$176$95$65
45 years$895$527$297$162$86$59
46 years$865$503$279$150$78$53
47 years$837$480$262$138$71$47
48 years$811$458$246$128$65$43
49 years$785$437$232$118$59$38
50 years$761$418$218$109$53$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $779,000, adding $6,132 every year, while hoping to spend $43,828 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: 60/25/15 Blend
50$779,000$779,000$779,000$779,000
51$864,783$823,496$811,422$913,051
52$906,358$817,215$791,972$940,034
53$950,705$809,157$770,401$964,014
54$998,061$799,189$746,593$989,139
55$1,048,683$787,169$720,424$1,015,524
56$1,102,857$772,949$691,766$1,043,299
57$1,160,893$756,368$660,486$1,072,605
58$1,223,134$737,260$626,442$1,103,605
59$1,289,955$715,446$589,488$1,136,476
60$1,361,765$690,739$549,471$1,171,417
61$1,439,018$662,938$506,231$1,208,651
62$1,522,209$631,833$459,601$1,248,423
63$1,611,882$597,200$409,406$1,291,008
64$1,708,636$558,805$355,462$1,336,712
65$1,813,127$516,397$297,581$1,385,874
66$1,926,078$469,712$235,562$1,438,872
67$2,048,283$418,473$169,198$1,496,126
68$2,180,613$362,383$98,271$1,558,102
69$2,324,028$301,133$22,556$1,625,317
70$2,479,583$234,392$0$1,698,345
71$2,648,438$161,814$0$1,787,148
72$2,831,867$83,032$0$1,887,568
73$3,031,275$0$0$1,996,818
74$3,248,205$0$0$2,116,456
75$3,484,356$0$0$2,271,614
76$3,741,597$0$0$2,440,686
77$4,021,983$0$0$2,625,030
78$4,327,780$0$0$2,826,142
79$4,661,478$0$0$3,045,668
80$5,025,819$0$0$3,285,421
81$5,423,823$0$0$3,547,395
82$5,858,812$0$0$3,833,787
83$6,334,446$0$0$4,147,014
84$6,854,752$0$0$4,489,739
85$7,424,167$0$0$4,864,893
86$8,047,574$0$0$5,275,705
87$8,730,352$0$0$5,725,729
88$9,478,424$0$0$6,218,881
89$10,298,313$0$0$6,759,472
90$11,197,203$0$0$7,352,250
91$12,183,007$0$0$8,002,446
92$13,264,439$0$0$8,715,820
93$14,451,097$0$0$9,498,718
94$15,753,557$0$0$10,358,130
95$17,183,463$0$0$11,301,753
96$18,753,645$0$0$12,338,069
97$20,478,236$0$0$13,476,420
98$22,372,805$0$0$14,727,100
99$24,454,502$0$0$16,101,445
100$26,742,221$0$0$17,611,947