Can I retire at age 51 with 779,000?

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 $779,000?

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$64,329$63,756$63,197$62,651$62,119$59,986
2 years$31,846$31,253$30,678$30,121$29,580$27,454
3 years$21,020$20,424$19,851$19,299$18,767$16,713
4 years$15,608$15,014$14,446$13,904$13,385$11,419
5 years$12,361$11,771$11,211$10,679$10,175$8,302
6 years$10,198$9,612$9,060$8,540$8,051$6,274
7 years$8,653$8,072$7,529$7,021$6,548$4,865
8 years$7,495$6,919$6,385$5,890$5,432$3,842
9 years$6,595$6,025$5,500$5,017$4,574$3,076
10 years$5,875$5,310$4,795$4,325$3,898$2,488
11 years$5,286$4,727$4,221$3,764$3,352$2,029
12 years$4,796$4,243$3,746$3,301$2,905$1,665
13 years$4,382$3,835$3,347$2,915$2,533$1,373
14 years$4,027$3,485$3,007$2,587$2,221$1,136
15 years$3,720$3,184$2,715$2,307$1,955$944
16 years$3,451$2,921$2,462$2,066$1,728$786
17 years$3,215$2,690$2,240$1,856$1,532$656
18 years$3,004$2,486$2,045$1,673$1,362$549
19 years$2,816$2,304$1,872$1,512$1,214$459
20 years$2,648$2,141$1,718$1,369$1,085$385
21 years$2,495$1,994$1,580$1,243$971$323
22 years$2,356$1,862$1,456$1,130$870$272
23 years$2,230$1,741$1,345$1,029$781$228
24 years$2,115$1,631$1,244$938$702$192
25 years$2,008$1,531$1,152$857$632$162
26 years$1,911$1,439$1,068$784$569$136
27 years$1,820$1,354$992$717$513$115
28 years$1,736$1,276$922$657$463$97
29 years$1,658$1,204$858$603$418$81
30 years$1,586$1,137$799$553$378$69
31 years$1,518$1,075$745$508$341$58
32 years$1,455$1,017$695$467$309$49
33 years$1,395$963$649$429$279$41
34 years$1,339$913$607$395$253$35
35 years$1,287$866$567$364$229$29
36 years$1,237$822$531$335$208$25
37 years$1,191$780$497$309$188$21
38 years$1,146$742$465$284$171$18
39 years$1,105$705$436$262$155$15
40 years$1,065$671$408$242$140$13
41 years$1,027$639$383$223$127$11
42 years$992$608$359$206$116$9
43 years$958$580$337$190$105$8
44 years$926$552$316$176$95$6
45 years$895$527$297$162$86$5
46 years$865$503$279$150$78$5
47 years$837$480$262$138$71$4
48 years$811$458$246$128$65$3
49 years$785$437$232$118$59$3
50 years$761$418$218$109$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $779,000, adding $2,604 every year, while hoping to spend $43,388 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: 31/43/26 Blend
50$779,000$779,000$779,000$779,000
51$861,144$819,857$807,783$880,891
52$902,816$813,866$788,679$890,291
53$947,285$806,126$767,481$896,384
54$994,789$796,508$744,073$902,076
55$1,045,592$784,871$718,333$907,361
56$1,099,980$771,068$690,136$912,236
57$1,158,270$754,942$659,347$916,703
58$1,220,807$736,328$625,829$920,768
59$1,287,972$715,050$589,436$924,444
60$1,360,180$690,923$550,018$927,747
61$1,437,891$663,750$507,415$930,704
62$1,521,605$633,323$461,463$933,348
63$1,611,875$599,422$411,988$935,722
64$1,709,307$561,814$358,811$937,880
65$1,814,567$520,255$301,742$939,887
66$1,928,388$474,482$240,585$941,824
67$2,051,574$424,221$175,135$943,786
68$2,185,009$369,183$105,176$945,888
69$2,329,665$309,059$30,486$948,261
70$2,486,614$243,525$0$951,064
71$2,657,029$172,238$0$968,133
72$2,842,205$94,837$0$995,937
73$3,043,566$10,940$0$1,026,321
74$3,262,676$0$0$1,059,639
75$3,501,258$0$0$1,134,073
76$3,761,208$0$0$1,220,923
77$4,044,611$0$0$1,315,724
78$4,353,765$0$0$1,419,259
79$4,691,195$0$0$1,532,387
80$5,059,683$0$0$1,656,058
81$5,462,291$0$0$1,791,316
82$5,902,391$0$0$1,939,309
83$6,383,694$0$0$2,101,304
84$6,910,287$0$0$2,278,695
85$7,486,669$0$0$2,473,016
86$8,117,795$0$0$2,685,957
87$8,809,122$0$0$2,919,379
88$9,566,658$0$0$3,175,334
89$10,397,022$0$0$3,456,079
90$11,307,502$0$0$3,764,101
91$12,306,125$0$0$4,102,140
92$13,401,734$0$0$4,473,212
93$14,604,066$0$0$4,880,643
94$15,923,851$0$0$5,328,093
95$17,372,903$0$0$5,819,596
96$18,964,241$0$0$6,359,596
97$20,712,203$0$0$6,952,987
98$22,632,586$0$0$7,605,163
99$24,742,792$0$0$8,322,064
100$27,061,992$0$0$9,110,236