Can I retire at age 51 with 536,000?

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 $536,000?

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$44,262$43,868$43,483$43,108$42,741$41,274
2 years$21,912$21,504$21,108$20,725$20,353$18,890
3 years$14,463$14,053$13,659$13,279$12,913$11,499
4 years$10,739$10,331$9,940$9,567$9,210$7,857
5 years$8,505$8,099$7,714$7,348$7,001$5,713
6 years$7,017$6,614$6,234$5,876$5,540$4,317
7 years$5,954$5,554$5,180$4,831$4,505$3,347
8 years$5,157$4,761$4,393$4,053$3,737$2,644
9 years$4,538$4,145$3,784$3,452$3,147$2,117
10 years$4,042$3,654$3,299$2,976$2,682$1,712
11 years$3,637$3,253$2,904$2,590$2,306$1,396
12 years$3,300$2,920$2,578$2,272$1,999$1,145
13 years$3,015$2,638$2,303$2,005$1,743$944
14 years$2,771$2,398$2,069$1,780$1,528$782
15 years$2,559$2,191$1,868$1,588$1,345$649
16 years$2,375$2,010$1,694$1,422$1,189$541
17 years$2,212$1,851$1,541$1,277$1,054$451
18 years$2,067$1,711$1,407$1,151$937$377
19 years$1,938$1,585$1,288$1,040$835$316
20 years$1,822$1,473$1,182$942$746$265
21 years$1,717$1,372$1,087$855$668$222
22 years$1,621$1,281$1,002$777$599$187
23 years$1,534$1,198$925$708$537$157
24 years$1,455$1,122$856$646$483$132
25 years$1,382$1,053$793$590$435$111
26 years$1,315$990$735$539$391$94
27 years$1,252$932$683$494$353$79
28 years$1,195$878$635$452$318$66
29 years$1,141$828$590$415$288$56
30 years$1,091$782$550$381$260$47
31 years$1,044$739$513$349$235$40
32 years$1,001$700$478$321$212$34
33 years$960$663$447$295$192$28
34 years$921$628$417$272$174$24
35 years$885$596$390$250$158$20
36 years$851$565$365$230$143$17
37 years$819$537$342$212$130$14
38 years$789$510$320$196$117$12
39 years$760$485$300$180$106$10
40 years$733$462$281$166$97$9
41 years$707$439$263$154$88$7
42 years$682$419$247$142$79$6
43 years$659$399$232$131$72$5
44 years$637$380$218$121$65$4
45 years$616$362$204$112$59$4
46 years$595$346$192$103$54$3
47 years$576$330$180$95$49$3
48 years$558$315$169$88$45$2
49 years$540$301$159$81$40$2
50 years$523$287$150$75$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $536,000, adding $5,076 every year, while hoping to spend $35,211 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: 44/42/14 Blend
50$536,000$536,000$536,000$536,000
51$595,908$567,500$559,192$619,515
52$619,226$557,843$540,461$626,852
53$643,743$546,533$519,922$630,868
54$669,543$533,452$497,477$634,452
55$696,719$518,473$473,026$637,581
56$725,372$501,466$446,459$640,228
57$755,612$482,289$417,667$642,369
58$787,557$460,795$386,533$643,981
59$821,340$436,826$352,933$645,040
60$857,103$410,216$316,742$645,523
61$895,000$380,790$277,827$645,409
62$935,203$348,362$236,047$644,680
63$977,898$312,736$191,258$643,318
64$1,023,288$273,704$143,309$641,309
65$1,071,595$231,047$92,042$638,640
66$1,123,063$184,534$37,291$635,305
67$1,177,959$133,920$0$631,301
68$1,236,576$78,946$0$629,786
69$1,299,233$19,341$0$633,762
70$1,366,282$0$0$637,695
71$1,438,107$0$0$662,520
72$1,515,131$0$0$698,772
73$1,597,817$0$0$737,734
74$1,686,674$0$0$779,653
75$1,782,259$0$0$824,798
76$1,885,185$0$0$873,464
77$1,996,126$0$0$925,977
78$2,115,820$0$0$982,695
79$2,245,080$0$0$1,044,009
80$2,384,798$0$0$1,110,351
81$2,535,955$0$0$1,182,195
82$2,699,629$0$0$1,260,063
83$2,877,005$0$0$1,344,528
84$3,069,387$0$0$1,436,220
85$3,278,209$0$0$1,535,833
86$3,505,046$0$0$1,644,130
87$3,751,633$0$0$1,761,951
88$4,019,877$0$0$1,890,217
89$4,311,879$0$0$2,029,946
90$4,629,946$0$0$2,182,256
91$4,976,622$0$0$2,348,376
92$5,354,702$0$0$2,529,662
93$5,767,267$0$0$2,727,605
94$6,217,704$0$0$2,943,845
95$6,709,745$0$0$3,180,189
96$7,247,495$0$0$3,438,626
97$7,835,477$0$0$3,721,348
98$8,478,668$0$0$4,030,764
99$9,182,550$0$0$4,369,530
100$9,953,157$0$0$4,740,571