Can I retire at age 51 with 782,000?

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 $782,000?

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$64,577$64,002$63,440$62,893$62,358$61,224
2 years$31,969$31,373$30,796$30,237$29,694$28,556
3 years$21,101$20,503$19,927$19,373$18,839$17,732
4 years$15,668$15,072$14,502$13,957$13,436$12,369
5 years$12,409$11,816$11,254$10,720$10,214$9,189
6 years$10,237$9,649$9,095$8,573$8,082$7,101
7 years$8,686$8,103$7,558$7,049$6,573$5,636
8 years$7,524$6,946$6,410$5,913$5,453$4,559
9 years$6,620$6,048$5,521$5,036$4,592$3,742
10 years$5,898$5,331$4,813$4,341$3,913$3,105
11 years$5,307$4,746$4,237$3,778$3,365$2,599
12 years$4,815$4,259$3,761$3,314$2,916$2,191
13 years$4,399$3,849$3,360$2,926$2,543$1,857
14 years$4,043$3,499$3,019$2,597$2,229$1,581
15 years$3,734$3,196$2,726$2,316$1,963$1,352
16 years$3,465$2,933$2,471$2,074$1,735$1,159
17 years$3,227$2,701$2,249$1,863$1,538$997
18 years$3,016$2,496$2,053$1,679$1,368$859
19 years$2,827$2,313$1,879$1,517$1,219$742
20 years$2,658$2,149$1,725$1,374$1,089$642
21 years$2,505$2,002$1,586$1,247$974$556
22 years$2,366$1,869$1,462$1,134$873$482
23 years$2,239$1,748$1,350$1,033$784$418
24 years$2,123$1,638$1,248$942$705$364
25 years$2,016$1,537$1,156$860$634$316
26 years$1,918$1,444$1,072$787$571$275
27 years$1,827$1,359$996$720$515$240
28 years$1,743$1,281$926$660$465$209
29 years$1,665$1,208$861$605$420$182
30 years$1,592$1,141$802$555$379$159
31 years$1,524$1,079$748$510$343$138
32 years$1,460$1,021$698$469$310$121
33 years$1,400$967$652$431$281$105
34 years$1,344$916$609$396$254$92
35 years$1,292$869$569$365$230$80
36 years$1,242$825$533$336$208$70
37 years$1,195$783$498$310$189$61
38 years$1,151$744$467$285$171$53
39 years$1,109$708$437$263$155$47
40 years$1,069$674$410$243$141$41
41 years$1,031$641$384$224$128$36
42 years$996$611$361$207$116$31
43 years$962$582$338$191$105$27
44 years$929$555$318$176$96$24
45 years$898$529$298$163$87$21
46 years$869$504$280$150$79$18
47 years$841$481$263$139$72$16
48 years$814$460$247$128$65$14
49 years$788$439$232$119$59$12
50 years$764$419$219$110$54$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $782,000, adding $4,164 every year, while hoping to spend $44,179 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: 78/10/12 Blend
50$782,000$782,000$782,000$782,000
51$866,059$824,613$812,492$931,317
52$907,391$818,013$792,705$968,237
53$951,458$809,609$770,773$1,002,645
54$998,493$799,266$746,580$1,039,124
55$1,048,749$786,840$720,001$1,077,862
56$1,102,507$772,181$690,906$1,119,067
57$1,160,072$755,126$659,161$1,162,970
58$1,221,779$735,508$624,623$1,209,823
59$1,287,997$713,144$587,144$1,259,905
60$1,359,130$687,845$546,570$1,313,525
61$1,435,620$659,408$502,739$1,371,022
62$1,517,955$627,621$455,483$1,432,771
63$1,606,669$592,257$404,624$1,499,188
64$1,702,349$553,078$349,979$1,570,728
65$1,805,641$509,830$291,355$1,647,896
66$1,917,252$462,247$228,551$1,731,248
67$2,037,961$410,047$161,357$1,821,398
68$2,168,625$352,932$89,554$1,919,024
69$2,310,185$290,585$12,914$2,024,873
70$2,463,675$222,675$0$2,139,771
71$2,630,233$148,850$0$2,273,446
72$2,811,112$68,738$0$2,420,423
73$3,007,686$0$0$2,580,189
74$3,221,472$0$0$2,755,987
75$3,454,133$0$0$2,955,563
76$3,707,505$0$0$3,172,926
77$3,983,603$0$0$3,409,812
78$4,284,649$0$0$3,668,127
79$4,613,085$0$0$3,949,972
80$4,971,600$0$0$4,257,657
81$5,363,155$0$0$4,593,726
82$5,791,009$0$0$4,960,981
83$6,258,750$0$0$5,362,505
84$6,770,328$0$0$5,801,693
85$7,330,092$0$0$6,282,283
86$7,942,832$0$0$6,808,391
87$8,613,820$0$0$7,384,549
88$9,348,866$0$0$8,015,749
89$10,154,363$0$0$8,707,487
90$11,037,357$0$0$9,465,818
91$12,005,604$0$0$10,297,409
92$13,067,650$0$0$11,209,604
93$14,232,904$0$0$12,210,491
94$15,511,734$0$0$13,308,980
95$16,915,556$0$0$14,514,885
96$18,456,950$0$0$15,839,016
97$20,149,771$0$0$17,293,283
98$22,009,281$0$0$18,890,804
99$24,052,294$0$0$20,646,030
100$26,297,334$0$0$22,574,883