Can I retire at age 51 with 769,000?

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 $769,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$63,503$62,938$62,386$61,847$61,321$59,334
2 years$31,437$30,852$30,284$29,734$29,201$27,218
3 years$20,750$20,162$19,596$19,051$18,526$16,609
4 years$15,407$14,821$14,261$13,725$13,213$11,377
5 years$12,203$11,620$11,067$10,542$10,044$8,294
6 years$10,067$9,489$8,944$8,431$7,948$6,284
7 years$8,542$7,969$7,432$6,931$6,464$4,887
8 years$7,399$6,830$6,303$5,815$5,362$3,871
9 years$6,510$5,947$5,429$4,953$4,516$3,109
10 years$5,800$5,242$4,733$4,269$3,848$2,523
11 years$5,219$4,667$4,167$3,716$3,309$2,063
12 years$4,735$4,189$3,698$3,259$2,868$1,699
13 years$4,326$3,785$3,304$2,877$2,501$1,405
14 years$3,975$3,441$2,969$2,554$2,192$1,168
15 years$3,672$3,143$2,680$2,278$1,930$973
16 years$3,407$2,884$2,430$2,040$1,706$813
17 years$3,173$2,656$2,211$1,832$1,512$681
18 years$2,966$2,454$2,019$1,651$1,345$572
19 years$2,780$2,274$1,848$1,492$1,199$481
20 years$2,614$2,114$1,696$1,351$1,071$405
21 years$2,463$1,969$1,560$1,227$958$341
22 years$2,326$1,838$1,438$1,115$859$288
23 years$2,202$1,719$1,327$1,016$771$243
24 years$2,087$1,610$1,228$926$693$205
25 years$1,983$1,511$1,137$846$624$173
26 years$1,886$1,420$1,055$774$562$146
27 years$1,797$1,337$979$708$506$124
28 years$1,714$1,260$910$649$457$105
29 years$1,637$1,188$847$595$413$89
30 years$1,565$1,122$789$546$373$75
31 years$1,498$1,061$736$501$337$64
32 years$1,436$1,004$686$461$305$54
33 years$1,377$951$641$424$276$46
34 years$1,322$901$599$390$250$39
35 years$1,270$855$560$359$226$33
36 years$1,221$811$524$331$205$28
37 years$1,175$770$490$305$186$23
38 years$1,132$732$459$281$168$20
39 years$1,090$696$430$259$153$17
40 years$1,051$662$403$239$139$14
41 years$1,014$630$378$220$126$12
42 years$979$600$355$203$114$10
43 years$946$572$333$188$104$9
44 years$914$545$312$173$94$7
45 years$883$520$293$160$85$6
46 years$854$496$275$148$77$5
47 years$827$473$259$137$70$4
48 years$800$452$243$126$64$4
49 years$775$432$229$117$58$3
50 years$751$412$215$108$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $769,000, adding $6,207 every year, while hoping to spend $27,422 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: 67/14/19 Blend
50$769,000$769,000$769,000$769,000
51$853,841$813,084$801,164$906,632
52$911,755$823,748$798,826$953,402
53$974,659$834,016$795,491$1,000,774
54$1,043,030$843,838$791,096$1,051,913
55$1,117,397$853,165$785,576$1,107,186
56$1,198,341$861,939$778,862$1,167,003
57$1,286,501$870,104$770,883$1,231,812
58$1,382,580$877,594$761,564$1,302,109
59$1,487,352$884,345$750,825$1,378,439
60$1,601,669$890,285$738,585$1,461,406
61$1,726,468$895,338$724,756$1,551,673
62$1,862,782$899,424$709,250$1,649,973
63$2,011,747$902,456$691,970$1,757,114
64$2,174,613$904,345$672,819$1,873,987
65$2,352,758$904,992$651,693$2,001,574
66$2,547,698$904,296$628,484$2,140,959
67$2,761,104$902,147$603,079$2,293,336
68$2,994,813$898,429$575,359$2,460,023
69$3,250,852$893,019$545,200$2,642,473
70$3,531,449$885,787$512,475$2,842,288
71$3,839,060$876,595$477,047$3,061,234
72$4,176,392$865,295$438,775$3,301,259
73$4,546,422$851,733$397,512$3,564,513
74$4,952,432$835,743$353,104$3,853,362
75$5,398,037$817,152$305,390$4,170,418
76$5,887,219$795,774$254,202$4,518,562
77$6,424,362$771,413$199,365$4,900,969
78$7,014,298$743,864$140,695$5,321,138
79$7,662,349$712,906$78,001$5,782,931
80$8,374,378$678,308$11,083$6,290,602
81$9,156,844$639,824$0$6,848,844
82$10,016,862$597,195$0$7,475,061
83$10,962,271$550,147$0$8,165,918
84$12,001,709$498,390$0$8,925,499
85$13,144,689$441,618$0$9,760,785
86$14,401,696$379,506$0$10,679,468
87$15,784,280$311,712$0$11,690,026
88$17,305,166$237,875$0$12,801,801
89$18,978,375$157,614$0$14,025,088
90$20,819,356$70,523$0$15,371,236
91$22,845,131$0$0$16,852,748
92$25,074,454$0$0$18,487,076
93$27,527,990$0$0$20,297,788
94$30,228,509$0$0$22,290,832
95$33,201,100$0$0$24,484,730
96$36,473,407$0$0$26,899,893
97$40,075,893$0$0$29,558,811
98$44,042,121$0$0$32,486,264
99$48,409,077$0$0$35,709,561
100$53,217,514$0$0$39,258,789