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%19.6%
1 years$63,999$63,429$62,873$62,330$61,800$59,418
2 years$31,683$31,093$30,521$29,966$29,428$27,057
3 years$20,912$20,319$19,749$19,200$18,671$16,385
4 years$15,528$14,937$14,372$13,832$13,316$11,133
5 years$12,298$11,711$11,153$10,624$10,123$8,048
6 years$10,145$9,563$9,014$8,496$8,010$6,044
7 years$8,609$8,031$7,490$6,985$6,514$4,658
8 years$7,456$6,884$6,352$5,860$5,404$3,655
9 years$6,561$5,994$5,471$4,991$4,551$2,906
10 years$5,845$5,283$4,770$4,303$3,878$2,335
11 years$5,259$4,703$4,199$3,745$3,335$1,890
12 years$4,772$4,221$3,727$3,284$2,890$1,539
13 years$4,359$3,815$3,330$2,900$2,520$1,260
14 years$4,006$3,468$2,992$2,574$2,209$1,035
15 years$3,701$3,168$2,701$2,296$1,945$853
16 years$3,434$2,906$2,449$2,055$1,719$705
17 years$3,198$2,677$2,229$1,847$1,524$583
18 years$2,989$2,473$2,034$1,664$1,355$484
19 years$2,802$2,292$1,862$1,504$1,208$402
20 years$2,634$2,130$1,709$1,362$1,079$334
21 years$2,482$1,984$1,572$1,236$966$278
22 years$2,344$1,852$1,449$1,124$866$232
23 years$2,219$1,732$1,338$1,024$777$193
24 years$2,104$1,623$1,237$934$698$161
25 years$1,998$1,523$1,146$853$628$134
26 years$1,901$1,431$1,063$780$566$112
27 years$1,811$1,347$987$714$510$94
28 years$1,727$1,269$917$654$460$78
29 years$1,650$1,198$854$600$416$65
30 years$1,578$1,131$795$550$376$54
31 years$1,510$1,069$741$505$340$46
32 years$1,447$1,012$692$464$307$38
33 years$1,388$958$646$427$278$32
34 years$1,332$908$603$393$252$27
35 years$1,280$861$564$362$228$22
36 years$1,231$817$528$333$207$19
37 years$1,184$776$494$307$187$16
38 years$1,140$738$463$283$170$13
39 years$1,099$702$433$261$154$11
40 years$1,060$667$406$241$140$9
41 years$1,022$635$381$222$127$8
42 years$987$605$357$205$115$6
43 years$953$577$335$189$104$5
44 years$921$550$315$175$95$4
45 years$890$524$296$161$86$4
46 years$861$500$278$149$78$3
47 years$833$477$261$138$71$3
48 years$807$455$245$127$64$2
49 years$781$435$230$118$58$2
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 $6,706 every year, while hoping to spend $45,498 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: 58/35/7 Blend
50$775,000$775,000$775,000$775,000
51$860,967$819,892$807,880$909,221
52$900,376$811,657$786,534$934,194
53$942,280$801,494$762,949$955,660
54$986,886$789,260$737,000$977,924
55$1,034,418$774,804$708,560$1,001,068
56$1,085,125$757,966$677,493$1,025,180
57$1,139,278$738,577$643,659$1,050,361
58$1,197,174$716,456$606,912$1,076,726
59$1,259,139$691,416$567,096$1,104,402
60$1,325,529$663,253$524,052$1,133,531
61$1,396,737$631,756$477,611$1,164,274
62$1,473,192$596,700$427,599$1,196,811
63$1,555,366$557,847$373,832$1,231,342
64$1,643,778$514,946$316,120$1,268,093
65$1,738,994$467,729$254,261$1,307,315
66$1,841,641$415,917$188,048$1,349,289
67$1,952,403$359,212$117,262$1,394,329
68$2,072,035$297,300$41,678$1,442,785
69$2,201,365$229,850$0$1,495,048
70$2,341,303$156,512$0$1,554,464
71$2,492,850$76,915$0$1,622,120
72$2,657,105$0$0$1,695,457
73$2,835,279$0$0$1,778,693
74$3,028,702$0$0$1,901,266
75$3,238,838$0$0$2,034,487
76$3,467,295$0$0$2,179,385
77$3,715,845$0$0$2,337,090
78$3,986,436$0$0$2,508,846
79$4,281,211$0$0$2,696,022
80$4,602,531$0$0$2,900,126
81$4,952,992$0$0$3,122,815
82$5,335,451$0$0$3,365,915
83$5,753,054$0$0$3,631,435
84$6,209,265$0$0$3,921,587
85$6,707,895$0$0$4,238,807
86$7,253,142$0$0$4,585,776
87$7,849,626$0$0$4,965,446
88$8,502,438$0$0$5,381,068
89$9,217,178$0$0$5,836,221
90$10,000,019$0$0$6,334,848
91$10,857,753$0$0$6,881,289
92$11,797,866$0$0$7,480,327
93$12,828,597$0$0$8,137,227
94$13,959,024$0$0$8,857,788
95$15,199,145$0$0$9,648,400
96$16,559,972$0$0$10,516,098
97$18,053,635$0$0$11,468,633
98$19,693,494$0$0$12,514,544
99$21,494,268$0$0$13,663,235
100$23,472,170$0$0$14,925,067