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%18.5%
1 years$63,999$63,429$62,873$62,330$61,800$59,678
2 years$31,683$31,093$30,521$29,966$29,428$27,313
3 years$20,912$20,319$19,749$19,200$18,671$16,627
4 years$15,528$14,937$14,372$13,832$13,316$11,360
5 years$12,298$11,711$11,153$10,624$10,123$8,260
6 years$10,145$9,563$9,014$8,496$8,010$6,241
7 years$8,609$8,031$7,490$6,985$6,514$4,840
8 years$7,456$6,884$6,352$5,860$5,404$3,823
9 years$6,561$5,994$5,471$4,991$4,551$3,060
10 years$5,845$5,283$4,770$4,303$3,878$2,476
11 years$5,259$4,703$4,199$3,745$3,335$2,018
12 years$4,772$4,221$3,727$3,284$2,890$1,656
13 years$4,359$3,815$3,330$2,900$2,520$1,365
14 years$4,006$3,468$2,992$2,574$2,209$1,130
15 years$3,701$3,168$2,701$2,296$1,945$939
16 years$3,434$2,906$2,449$2,055$1,719$782
17 years$3,198$2,677$2,229$1,847$1,524$653
18 years$2,989$2,473$2,034$1,664$1,355$546
19 years$2,802$2,292$1,862$1,504$1,208$457
20 years$2,634$2,130$1,709$1,362$1,079$383
21 years$2,482$1,984$1,572$1,236$966$322
22 years$2,344$1,852$1,449$1,124$866$270
23 years$2,219$1,732$1,338$1,024$777$227
24 years$2,104$1,623$1,237$934$698$191
25 years$1,998$1,523$1,146$853$628$161
26 years$1,901$1,431$1,063$780$566$135
27 years$1,811$1,347$987$714$510$114
28 years$1,727$1,269$917$654$460$96
29 years$1,650$1,198$854$600$416$81
30 years$1,578$1,131$795$550$376$68
31 years$1,510$1,069$741$505$340$58
32 years$1,447$1,012$692$464$307$49
33 years$1,388$958$646$427$278$41
34 years$1,332$908$603$393$252$35
35 years$1,280$861$564$362$228$29
36 years$1,231$817$528$333$207$25
37 years$1,184$776$494$307$187$21
38 years$1,140$738$463$283$170$17
39 years$1,099$702$433$261$154$15
40 years$1,060$667$406$241$140$12
41 years$1,022$635$381$222$127$10
42 years$987$605$357$205$115$9
43 years$953$577$335$189$104$7
44 years$921$550$315$175$95$6
45 years$890$524$296$161$86$5
46 years$861$500$278$149$78$4
47 years$833$477$261$138$71$4
48 years$807$455$245$127$64$3
49 years$781$435$230$118$58$3
50 years$757$415$217$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $775,000, adding $3,121 every year, while hoping to spend $38,741 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: 60/25/15 Blend
50$775,000$775,000$775,000$775,000
51$857,269$816,194$804,182$905,289
52$903,491$814,968$789,902$936,803
53$953,128$812,383$773,845$966,558
54$1,006,489$808,331$755,911$998,102
55$1,063,912$802,700$735,994$1,031,614
56$1,125,766$795,368$713,986$1,067,290
57$1,192,460$786,207$689,770$1,105,346
58$1,264,440$775,080$663,227$1,146,026
59$1,342,199$761,845$634,230$1,189,596
60$1,426,275$746,347$602,649$1,236,354
61$1,517,263$728,426$568,346$1,286,628
62$1,615,816$707,911$531,177$1,340,784
63$1,722,650$684,619$490,992$1,399,223
64$1,838,555$658,360$447,635$1,462,395
65$1,964,398$628,931$400,942$1,530,794
66$2,101,134$596,116$350,741$1,604,969
67$2,249,813$559,689$296,854$1,685,525
68$2,411,590$519,409$239,094$1,773,137
69$2,587,735$475,023$177,266$1,868,546
70$2,779,647$426,262$111,168$1,972,577
71$2,988,865$372,843$40,586$2,086,138
72$3,217,082$314,465$0$2,210,238
73$3,466,163$250,813$0$2,351,551
74$3,738,160$181,551$0$2,513,041
75$4,035,332$106,327$0$2,689,606
76$4,360,166$24,766$0$2,882,794
77$4,715,399$0$0$3,094,311
78$5,104,047$0$0$3,343,517
79$5,529,429$0$0$3,623,794
80$5,995,200$0$0$3,930,745
81$6,505,385$0$0$4,267,032
82$7,064,417$0$0$4,635,582
83$7,677,179$0$0$5,039,625
84$8,349,046$0$0$5,482,713
85$9,085,941$0$0$5,968,761
86$9,894,385$0$0$6,502,080
87$10,781,564$0$0$7,087,420
88$11,755,390$0$0$7,730,012
89$12,824,582$0$0$8,435,617
90$13,998,740$0$0$9,210,585
91$15,288,442$0$0$10,061,907
92$16,705,343$0$0$10,997,287
93$18,262,277$0$0$12,025,211
94$19,973,388$0$0$13,155,028
95$21,854,256$0$0$14,397,040
96$23,922,045$0$0$15,762,593
97$26,195,667$0$0$17,264,189
98$28,695,955$0$0$18,915,604
99$31,445,865$0$0$20,732,012
100$34,470,688$0$0$22,730,135