Can I retire at age 51 with 775,000?

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 $775,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$63,999$63,429$62,873$62,330$61,800$61,384
2 years$31,683$31,093$30,521$29,966$29,428$29,010
3 years$20,912$20,319$19,749$19,200$18,671$18,261
4 years$15,528$14,937$14,372$13,832$13,316$12,919
5 years$12,298$11,711$11,153$10,624$10,123$9,740
6 years$10,145$9,563$9,014$8,496$8,010$7,641
7 years$8,609$8,031$7,490$6,985$6,514$6,160
8 years$7,456$6,884$6,352$5,860$5,404$5,064
9 years$6,561$5,994$5,471$4,991$4,551$4,225
10 years$5,845$5,283$4,770$4,303$3,878$3,566
11 years$5,259$4,703$4,199$3,745$3,335$3,037
12 years$4,772$4,221$3,727$3,284$2,890$2,606
13 years$4,359$3,815$3,330$2,900$2,520$2,250
14 years$4,006$3,468$2,992$2,574$2,209$1,952
15 years$3,701$3,168$2,701$2,296$1,945$1,700
16 years$3,434$2,906$2,449$2,055$1,719$1,487
17 years$3,198$2,677$2,229$1,847$1,524$1,304
18 years$2,989$2,473$2,034$1,664$1,355$1,147
19 years$2,802$2,292$1,862$1,504$1,208$1,010
20 years$2,634$2,130$1,709$1,362$1,079$892
21 years$2,482$1,984$1,572$1,236$966$789
22 years$2,344$1,852$1,449$1,124$866$699
23 years$2,219$1,732$1,338$1,024$777$620
24 years$2,104$1,623$1,237$934$698$551
25 years$1,998$1,523$1,146$853$628$490
26 years$1,901$1,431$1,063$780$566$436
27 years$1,811$1,347$987$714$510$388
28 years$1,727$1,269$917$654$460$346
29 years$1,650$1,198$854$600$416$308
30 years$1,578$1,131$795$550$376$275
31 years$1,510$1,069$741$505$340$245
32 years$1,447$1,012$692$464$307$219
33 years$1,388$958$646$427$278$196
34 years$1,332$908$603$393$252$175
35 years$1,280$861$564$362$228$156
36 years$1,231$817$528$333$207$140
37 years$1,184$776$494$307$187$125
38 years$1,140$738$463$283$170$112
39 years$1,099$702$433$261$154$100
40 years$1,060$667$406$241$140$89
41 years$1,022$635$381$222$127$80
42 years$987$605$357$205$115$72
43 years$953$577$335$189$104$64
44 years$921$550$315$175$95$57
45 years$890$524$296$161$86$51
46 years$861$500$278$149$78$46
47 years$833$477$261$138$71$41
48 years$807$455$245$127$64$37
49 years$781$435$230$118$58$33
50 years$757$415$217$109$53$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $775,000, adding $3,235 every year, while hoping to spend $51,392 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: 64/15/21 Blend
50$775,000$775,000$775,000$775,000
51$857,387$816,312$804,299$907,440
52$890,160$801,630$776,563$926,846
53$924,553$784,507$746,174$941,950
54$960,677$764,768$712,991$957,262
55$998,654$742,229$676,864$972,805
56$1,038,614$716,696$637,636$988,607
57$1,080,700$687,961$595,144$1,004,700
58$1,125,067$655,807$549,217$1,021,125
59$1,171,885$620,003$499,677$1,037,924
60$1,221,338$580,304$446,337$1,055,150
61$1,273,628$536,452$389,003$1,072,861
62$1,328,974$488,175$327,471$1,091,126
63$1,387,618$435,183$261,529$1,110,023
64$1,449,820$377,172$190,956$1,129,641
65$1,515,867$313,819$115,519$1,150,081
66$1,586,074$244,785$34,977$1,171,459
67$1,660,782$169,708$0$1,193,905
68$1,740,369$88,211$0$1,228,990
69$1,825,244$0$0$1,274,564
70$1,915,858$0$0$1,323,052
71$2,012,704$0$0$1,390,469
72$2,116,324$0$0$1,462,635
73$2,227,310$0$0$1,539,967
74$2,346,313$0$0$1,622,924
75$2,474,047$0$0$1,712,008
76$2,611,294$0$0$1,807,770
77$2,758,915$0$0$1,910,815
78$2,917,853$0$0$2,021,809
79$3,089,145$0$0$2,141,481
80$3,273,930$0$0$2,270,633
81$3,473,457$0$0$2,410,146
82$3,689,103$0$0$2,560,988
83$3,922,377$0$0$2,724,225
84$4,174,940$0$0$2,901,025
85$4,448,617$0$0$3,092,674
86$4,745,417$0$0$3,300,588
87$5,067,545$0$0$3,526,322
88$5,417,431$0$0$3,771,586
89$5,797,745$0$0$4,038,264
90$6,211,424$0$0$4,328,424
91$6,661,701$0$0$4,644,346
92$7,152,133$0$0$4,988,536
93$7,686,634$0$0$5,363,754
94$8,269,510$0$0$5,773,034
95$8,905,504$0$0$6,219,720
96$9,599,832$0$0$6,707,490
97$10,358,240$0$0$7,240,393
98$11,187,052$0$0$7,822,888
99$12,093,228$0$0$8,459,882
100$13,084,436$0$0$9,156,779