Can I retire at age 51 with 573,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $573,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$47,318$46,896$46,485$46,084$45,692$45,046
2 years$23,425$22,988$22,566$22,156$21,758$21,109
3 years$15,461$15,023$14,601$14,195$13,804$13,172
4 years$11,480$11,044$10,626$10,227$9,845$9,234
5 years$9,093$8,658$8,246$7,855$7,484$6,896
6 years$7,501$7,070$6,664$6,282$5,922$5,358
7 years$6,365$5,938$5,538$5,165$4,816$4,276
8 years$5,513$5,090$4,697$4,333$3,995$3,480
9 years$4,851$4,431$4,045$3,690$3,365$2,873
10 years$4,321$3,906$3,527$3,181$2,867$2,398
11 years$3,888$3,477$3,105$2,769$2,466$2,020
12 years$3,528$3,121$2,755$2,428$2,137$1,714
13 years$3,223$2,821$2,462$2,144$1,863$1,462
14 years$2,962$2,564$2,212$1,903$1,633$1,254
15 years$2,736$2,342$1,997$1,697$1,438$1,079
16 years$2,539$2,149$1,811$1,520$1,271$932
17 years$2,364$1,979$1,648$1,365$1,127$807
18 years$2,210$1,829$1,504$1,231$1,002$701
19 years$2,072$1,695$1,377$1,112$893$609
20 years$1,947$1,575$1,264$1,007$798$531
21 years$1,835$1,467$1,162$914$714$463
22 years$1,733$1,369$1,071$831$640$405
23 years$1,640$1,281$989$757$574$354
24 years$1,555$1,200$915$690$516$310
25 years$1,477$1,126$847$630$465$272
26 years$1,405$1,058$786$576$418$239
27 years$1,339$996$730$528$377$209
28 years$1,277$939$678$483$340$184
29 years$1,220$885$631$443$307$162
30 years$1,166$836$588$407$278$142
31 years$1,117$790$548$374$251$125
32 years$1,070$748$511$343$227$110
33 years$1,026$708$478$316$206$97
34 years$985$671$446$291$186$85
35 years$946$637$417$267$169$75
36 years$910$604$390$246$153$66
37 years$876$574$365$227$138$58
38 years$843$545$342$209$126$51
39 years$813$519$320$193$114$45
40 years$783$494$300$178$103$40
41 years$756$470$282$164$94$35
42 years$730$447$264$151$85$31
43 years$705$426$248$140$77$27
44 years$681$406$233$129$70$24
45 years$658$387$219$119$64$21
46 years$637$370$205$110$58$19
47 years$616$353$193$102$52$16
48 years$596$337$181$94$48$14
49 years$577$322$170$87$43$13
50 years$559$307$160$80$39$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $573,000, adding $5,528 every year, while hoping to spend $39,228 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: 42/37/21 Blend
50$573,000$573,000$573,000$573,000
51$637,148$606,779$597,898$659,784
52$660,399$594,773$576,189$664,400
53$684,707$580,864$552,438$665,187
54$710,137$564,917$526,536$665,238
55$736,763$546,790$498,367$664,507
56$764,662$526,331$467,811$662,946
57$793,918$503,382$434,743$660,504
58$824,623$477,773$399,032$657,130
59$856,876$449,326$360,541$652,770
60$890,786$417,851$319,127$647,371
61$926,469$383,148$274,641$640,877
62$964,054$345,008$226,927$633,232
63$1,003,679$303,205$175,821$624,378
64$1,045,497$257,505$121,154$614,256
65$1,089,674$207,658$62,748$602,809
66$1,136,388$153,401$417$589,978
67$1,185,838$94,456$0$575,703
68$1,238,237$30,529$0$574,738
69$1,293,823$0$0$573,277
70$1,352,850$0$0$586,971
71$1,415,600$0$0$614,780
72$1,482,381$0$0$644,416
73$1,553,529$0$0$676,033
74$1,629,413$0$0$709,800
75$1,710,435$0$0$745,903
76$1,797,038$0$0$784,546
77$1,889,707$0$0$825,950
78$1,988,974$0$0$870,361
79$2,095,421$0$0$918,047
80$2,209,689$0$0$969,303
81$2,332,478$0$0$1,024,452
82$2,464,560$0$0$1,083,849
83$2,606,781$0$0$1,147,884
84$2,760,070$0$0$1,216,985
85$2,925,447$0$0$1,291,623
86$3,104,033$0$0$1,372,314
87$3,297,062$0$0$1,459,629
88$3,505,887$0$0$1,554,190
89$3,731,996$0$0$1,656,685
90$3,977,027$0$0$1,767,870
91$4,242,778$0$0$1,888,576
92$4,531,229$0$0$2,019,715
93$4,844,556$0$0$2,162,294
94$5,185,153$0$0$2,317,417
95$5,555,655$0$0$2,486,302
96$5,958,958$0$0$2,670,287
97$6,398,253$0$0$2,870,845
98$6,877,047$0$0$3,089,599
99$7,399,202$0$0$3,328,332
100$7,968,969$0$0$3,589,009