Can I retire at age 51 with 776,000?

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 $776,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$64,081$63,511$62,954$62,410$61,879$59,899
2 years$31,723$31,133$30,560$30,005$29,466$27,489
3 years$20,939$20,346$19,774$19,224$18,695$16,783
4 years$15,548$14,956$14,391$13,850$13,333$11,501
5 years$12,314$11,726$11,168$10,638$10,136$8,389
6 years$10,159$9,575$9,025$8,507$8,020$6,360
7 years$8,620$8,041$7,500$6,994$6,522$4,949
8 years$7,466$6,893$6,361$5,867$5,411$3,922
9 years$6,569$6,001$5,478$4,998$4,557$3,152
10 years$5,852$5,290$4,776$4,308$3,883$2,559
11 years$5,266$4,709$4,205$3,749$3,339$2,095
12 years$4,778$4,227$3,732$3,289$2,894$1,725
13 years$4,365$3,820$3,334$2,903$2,523$1,429
14 years$4,012$3,472$2,996$2,577$2,212$1,188
15 years$3,706$3,172$2,705$2,299$1,948$991
16 years$3,438$2,910$2,452$2,058$1,721$829
17 years$3,202$2,680$2,231$1,849$1,526$695
18 years$2,993$2,476$2,037$1,666$1,357$583
19 years$2,806$2,295$1,865$1,506$1,210$491
20 years$2,637$2,133$1,711$1,364$1,080$413
21 years$2,485$1,987$1,574$1,238$967$349
22 years$2,347$1,854$1,451$1,125$867$294
23 years$2,222$1,734$1,340$1,025$778$249
24 years$2,106$1,625$1,239$935$699$210
25 years$2,001$1,525$1,147$854$629$178
26 years$1,903$1,433$1,064$781$567$150
27 years$1,813$1,349$988$714$511$127
28 years$1,730$1,271$919$655$461$108
29 years$1,652$1,199$855$600$416$91
30 years$1,580$1,132$796$551$376$77
31 years$1,512$1,070$742$506$340$65
32 years$1,449$1,013$693$465$308$55
33 years$1,390$959$647$428$278$47
34 years$1,334$909$604$393$252$40
35 years$1,282$862$565$362$228$34
36 years$1,232$818$528$334$207$29
37 years$1,186$777$495$307$187$24
38 years$1,142$739$463$283$170$21
39 years$1,100$702$434$261$154$17
40 years$1,061$668$407$241$140$15
41 years$1,023$636$381$222$127$13
42 years$988$606$358$205$115$11
43 years$954$577$336$189$104$9
44 years$922$550$315$175$95$8
45 years$891$525$296$161$86$6
46 years$862$501$278$149$78$6
47 years$834$478$261$138$71$5
48 years$808$456$245$127$64$4
49 years$782$435$231$118$59$3
50 years$758$416$217$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $776,000, adding $4,825 every year, while hoping to spend $23,568 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: 26/50/24 Blend
50$776,000$776,000$776,000$776,000
51$860,129$819,001$806,973$875,878
52$922,786$834,056$808,930$903,987
53$991,044$849,059$810,164$931,766
54$1,065,450$863,982$810,623$961,074
55$1,146,604$878,795$810,258$992,055
56$1,235,170$893,468$809,013$1,024,869
57$1,331,875$907,966$806,833$1,059,693
58$1,437,521$922,251$803,657$1,096,722
59$1,552,992$936,285$799,423$1,136,174
60$1,679,259$950,025$794,066$1,178,288
61$1,817,394$963,427$787,517$1,223,330
62$1,968,573$976,440$779,705$1,271,596
63$2,134,097$989,014$770,553$1,323,410
64$2,315,392$1,001,094$759,984$1,379,135
65$2,514,033$1,012,619$747,915$1,439,169
66$2,731,754$1,023,526$734,260$1,503,954
67$2,970,463$1,033,749$718,927$1,573,979
68$3,232,263$1,043,215$701,824$1,649,787
69$3,519,468$1,051,847$682,850$1,731,975
70$3,834,630$1,059,564$661,901$1,821,206
71$4,180,559$1,066,279$638,871$1,918,212
72$4,560,348$1,071,899$613,645$2,023,804
73$4,977,406$1,076,325$586,106$2,138,877
74$5,435,490$1,079,453$556,129$2,264,422
75$5,938,736$1,081,172$523,585$2,401,533
76$6,491,700$1,081,363$488,338$2,551,422
77$7,099,404$1,079,900$450,248$2,715,424
78$7,767,379$1,076,651$409,167$2,895,020
79$8,501,718$1,071,473$364,941$3,091,842
80$9,309,135$1,064,217$317,408$3,307,694
81$10,197,026$1,054,723$266,400$3,544,572
82$11,173,540$1,042,822$211,742$3,804,678
83$12,247,656$1,028,334$153,250$4,090,445
84$13,429,265$1,011,071$90,732$4,404,561
85$14,729,268$990,832$23,989$4,749,993
86$16,159,673$967,402$0$5,130,018
87$17,733,711$940,557$0$5,560,353
88$19,465,963$910,057$0$6,040,239
89$21,372,492$875,651$0$6,567,996
90$23,470,999$837,070$0$7,148,554
91$25,780,986$794,032$0$7,787,353
92$28,323,944$746,237$0$8,490,393
93$31,123,553$693,369$0$9,264,291
94$34,205,905$635,094$0$10,116,349
95$37,599,751$571,057$0$11,054,617
96$41,336,771$500,885$0$12,087,977
97$45,451,876$424,182$0$13,226,222
98$49,983,533$340,532$0$14,480,155
99$54,974,129$249,494$0$15,861,689
100$60,470,372$150,601$0$17,383,962