Can I retire at age 51 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$64,412$63,838$63,278$62,732$62,198$61,067
2 years$31,887$31,293$30,718$30,160$29,618$28,483
3 years$21,047$20,450$19,876$19,323$18,791$17,687
4 years$15,628$15,033$14,465$13,921$13,402$12,337
5 years$12,377$11,786$11,225$10,693$10,188$9,166
6 years$10,211$9,624$9,072$8,551$8,061$7,083
7 years$8,664$8,082$7,539$7,031$6,556$5,621
8 years$7,505$6,928$6,393$5,898$5,439$4,548
9 years$6,603$6,032$5,507$5,024$4,580$3,732
10 years$5,882$5,317$4,801$4,330$3,903$3,097
11 years$5,293$4,734$4,227$3,769$3,356$2,592
12 years$4,803$4,249$3,751$3,306$2,909$2,185
13 years$4,388$3,839$3,351$2,918$2,536$1,852
14 years$4,032$3,490$3,011$2,591$2,223$1,577
15 years$3,725$3,188$2,719$2,310$1,958$1,348
16 years$3,456$2,925$2,465$2,069$1,730$1,156
17 years$3,219$2,694$2,243$1,859$1,534$994
18 years$3,008$2,489$2,047$1,675$1,364$857
19 years$2,820$2,307$1,874$1,514$1,216$740
20 years$2,651$2,144$1,720$1,371$1,086$640
21 years$2,498$1,997$1,582$1,244$972$554
22 years$2,359$1,864$1,458$1,131$871$481
23 years$2,233$1,743$1,346$1,030$782$417
24 years$2,117$1,633$1,245$940$703$363
25 years$2,011$1,533$1,153$858$632$315
26 years$1,913$1,441$1,070$785$570$274
27 years$1,822$1,356$993$718$514$239
28 years$1,738$1,278$923$658$463$208
29 years$1,660$1,205$859$603$418$181
30 years$1,588$1,138$800$554$378$158
31 years$1,520$1,076$746$509$342$138
32 years$1,456$1,018$696$467$309$120
33 years$1,397$964$650$430$280$105
34 years$1,341$914$607$395$253$92
35 years$1,288$867$568$364$229$80
36 years$1,239$823$531$335$208$70
37 years$1,192$781$497$309$188$61
38 years$1,148$743$466$285$171$53
39 years$1,106$706$436$263$155$47
40 years$1,066$672$409$242$141$41
41 years$1,029$639$383$223$127$36
42 years$993$609$360$206$116$31
43 years$959$580$337$190$105$27
44 years$927$553$317$176$95$24
45 years$896$527$297$162$87$21
46 years$867$503$279$150$79$18
47 years$839$480$262$139$71$16
48 years$812$458$247$128$65$14
49 years$786$438$232$118$59$12
50 years$762$418$218$109$53$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $780,000, adding $4,552 every year, while hoping to spend $43,474 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: 41/32/27 Blend
50$780,000$780,000$780,000$780,000
51$864,255$822,915$810,825$892,668
52$906,153$816,982$791,732$907,670
53$950,868$809,301$770,542$919,478
54$998,641$799,741$747,139$931,423
55$1,049,736$788,162$721,402$943,544
56$1,104,443$774,417$693,203$955,885
57$1,163,081$758,348$662,411$968,502
58$1,225,999$739,791$628,885$981,459
59$1,293,580$718,569$592,481$994,828
60$1,366,243$694,497$553,047$1,008,695
61$1,444,450$667,378$510,425$1,023,158
62$1,528,709$637,004$464,449$1,038,330
63$1,619,575$603,155$414,946$1,054,341
64$1,717,660$565,598$361,735$1,071,339
65$1,823,635$524,086$304,627$1,089,491
66$1,938,239$478,360$243,426$1,108,990
67$2,062,284$428,144$177,925$1,130,051
68$2,196,661$373,147$107,909$1,152,921
69$2,342,351$313,062$33,155$1,177,877
70$2,500,434$247,564$0$1,205,232
71$2,672,094$176,311$0$1,248,770
72$2,858,636$98,939$0$1,306,524
73$3,061,497$15,067$0$1,369,450
74$3,282,255$0$0$1,438,128
75$3,522,648$0$0$1,539,856
76$3,784,587$0$0$1,656,575
77$4,070,177$0$0$1,783,929
78$4,381,733$0$0$1,922,962
79$4,721,804$0$0$2,074,824
80$5,093,196$0$0$2,240,781
81$5,498,998$0$0$2,422,227
82$5,942,610$0$0$2,620,696
83$6,427,776$0$0$2,837,879
84$6,958,618$0$0$3,075,635
85$7,539,675$0$0$3,336,013
86$8,175,946$0$0$3,621,270
87$8,872,933$0$0$3,933,890
88$9,636,699$0$0$4,276,610
89$10,473,918$0$0$4,652,443
90$11,391,944$0$0$5,064,709
91$12,398,874$0$0$5,517,065
92$13,503,626$0$0$6,013,536
93$14,716,025$0$0$6,558,561
94$16,046,893$0$0$7,157,025
95$17,508,148$0$0$7,814,311
96$19,112,923$0$0$8,536,349
97$20,875,681$0$0$9,329,672
98$22,812,358$0$0$10,201,477
99$24,940,507$0$0$11,159,691
100$27,279,469$0$0$12,213,049