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%15.6%
1 years$63,999$63,429$62,873$62,330$61,800$60,379
2 years$31,683$31,093$30,521$29,966$29,428$28,005
3 years$20,912$20,319$19,749$19,200$18,671$17,289
4 years$15,528$14,937$14,372$13,832$13,316$11,987
5 years$12,298$11,711$11,153$10,624$10,123$8,849
6 years$10,145$9,563$9,014$8,496$8,010$6,794
7 years$8,609$8,031$7,490$6,985$6,514$5,356
8 years$7,456$6,884$6,352$5,860$5,404$4,303
9 years$6,561$5,994$5,471$4,991$4,551$3,506
10 years$5,845$5,283$4,770$4,303$3,878$2,888
11 years$5,259$4,703$4,199$3,745$3,335$2,399
12 years$4,772$4,221$3,727$3,284$2,890$2,006
13 years$4,359$3,815$3,330$2,900$2,520$1,687
14 years$4,006$3,468$2,992$2,574$2,209$1,425
15 years$3,701$3,168$2,701$2,296$1,945$1,208
16 years$3,434$2,906$2,449$2,055$1,719$1,027
17 years$3,198$2,677$2,229$1,847$1,524$876
18 years$2,989$2,473$2,034$1,664$1,355$748
19 years$2,802$2,292$1,862$1,504$1,208$640
20 years$2,634$2,130$1,709$1,362$1,079$549
21 years$2,482$1,984$1,572$1,236$966$471
22 years$2,344$1,852$1,449$1,124$866$405
23 years$2,219$1,732$1,338$1,024$777$348
24 years$2,104$1,623$1,237$934$698$300
25 years$1,998$1,523$1,146$853$628$258
26 years$1,901$1,431$1,063$780$566$222
27 years$1,811$1,347$987$714$510$192
28 years$1,727$1,269$917$654$460$165
29 years$1,650$1,198$854$600$416$143
30 years$1,578$1,131$795$550$376$123
31 years$1,510$1,069$741$505$340$106
32 years$1,447$1,012$692$464$307$92
33 years$1,388$958$646$427$278$79
34 years$1,332$908$603$393$252$69
35 years$1,280$861$564$362$228$59
36 years$1,231$817$528$333$207$51
37 years$1,184$776$494$307$187$44
38 years$1,140$738$463$283$170$38
39 years$1,099$702$433$261$154$33
40 years$1,060$667$406$241$140$29
41 years$1,022$635$381$222$127$25
42 years$987$605$357$205$115$21
43 years$953$577$335$189$104$19
44 years$921$550$315$175$95$16
45 years$890$524$296$161$86$14
46 years$861$500$278$149$78$12
47 years$833$477$261$138$71$10
48 years$807$455$245$127$64$9
49 years$781$435$230$118$58$8
50 years$757$415$217$109$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $775,000, adding $2,597 every year, while hoping to spend $58,683 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: 88/7/5 Blend
50$775,000$775,000$775,000$775,000
51$856,729$815,654$803,641$931,989
52$881,677$793,183$768,125$958,874
53$907,203$767,643$729,452$979,941
54$933,304$738,824$687,455$1,001,159
55$959,974$706,500$641,958$1,022,497
56$987,207$670,434$592,779$1,043,921
57$1,014,990$630,373$539,725$1,065,392
58$1,043,311$586,053$482,598$1,086,868
59$1,072,151$537,192$421,187$1,108,299
60$1,101,489$483,493$355,276$1,129,633
61$1,131,299$424,643$284,636$1,150,809
62$1,161,550$360,309$209,029$1,171,761
63$1,192,204$290,140$128,208$1,192,413
64$1,223,219$213,766$41,913$1,212,685
65$1,254,543$130,797$0$1,232,484
66$1,286,119$40,819$0$1,254,387
67$1,317,880$0$0$1,278,165
68$1,349,748$0$0$1,305,830
69$1,381,636$0$0$1,336,657
70$1,413,445$0$0$1,367,403
71$1,445,061$0$0$1,397,959
72$1,476,357$0$0$1,428,201
73$1,507,187$0$0$1,457,988
74$1,537,390$0$0$1,487,163
75$1,566,782$0$0$1,515,549
76$1,595,158$0$0$1,542,946
77$1,622,289$0$0$1,569,131
78$1,647,916$0$0$1,593,854
79$1,671,752$0$0$1,616,836
80$1,693,475$0$0$1,637,765
81$1,712,727$0$0$1,656,293
82$1,729,109$0$0$1,672,033
83$1,742,174$0$0$1,684,552
84$1,751,427$0$0$1,693,370
85$1,756,318$0$0$1,697,953
86$1,756,235$0$0$1,697,707
87$1,750,498$0$0$1,691,973
88$1,738,352$0$0$1,680,018
89$1,718,961$0$0$1,661,031
90$1,691,395$0$0$1,634,111
91$1,654,626$0$0$1,598,261
92$1,607,514$0$0$1,552,375
93$1,548,796$0$0$1,495,227
94$1,477,075$0$0$1,425,462
95$1,390,802$0$0$1,341,580
96$1,288,267$0$0$1,241,919
97$1,167,574$0$0$1,124,643
98$1,026,629$0$0$987,720
99$863,117$0$0$828,905
100$674,477$0$0$645,714