Can I retire at age 51 with 626,000?

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 $626,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$51,694$51,234$50,785$50,346$49,918$49,132
2 years$25,591$25,115$24,653$24,205$23,771$22,980
3 years$16,891$16,413$15,952$15,508$15,081$14,311
4 years$12,542$12,065$11,609$11,173$10,756$10,013
5 years$9,934$9,459$9,009$8,582$8,176$7,462
6 years$8,195$7,724$7,281$6,863$6,470$5,785
7 years$6,954$6,487$6,050$5,642$5,262$4,607
8 years$6,023$5,560$5,131$4,733$4,365$3,740
9 years$5,299$4,841$4,419$4,032$3,676$3,081
10 years$4,721$4,267$3,853$3,475$3,132$2,566
11 years$4,248$3,799$3,392$3,025$2,694$2,156
12 years$3,854$3,410$3,010$2,653$2,334$1,824
13 years$3,521$3,081$2,690$2,342$2,036$1,552
14 years$3,236$2,801$2,417$2,079$1,784$1,327
15 years$2,989$2,559$2,182$1,854$1,571$1,139
16 years$2,773$2,348$1,978$1,660$1,389$981
17 years$2,583$2,162$1,800$1,492$1,231$847
18 years$2,414$1,998$1,643$1,344$1,095$733
19 years$2,263$1,852$1,504$1,215$976$636
20 years$2,128$1,721$1,381$1,100$872$553
21 years$2,005$1,603$1,270$998$780$481
22 years$1,894$1,496$1,170$908$699$419
23 years$1,792$1,399$1,081$827$628$365
24 years$1,699$1,311$999$754$564$319
25 years$1,614$1,230$926$689$508$279
26 years$1,535$1,156$858$630$457$244
27 years$1,463$1,088$797$576$412$213
28 years$1,395$1,025$741$528$372$187
29 years$1,333$967$690$484$336$163
30 years$1,274$914$642$444$303$143
31 years$1,220$864$599$408$274$126
32 years$1,169$817$559$375$248$110
33 years$1,121$774$522$345$225$97
34 years$1,076$733$487$317$203$85
35 years$1,034$696$456$292$184$74
36 years$994$660$426$269$167$65
37 years$957$627$399$248$151$57
38 years$921$596$374$229$137$50
39 years$888$567$350$211$124$44
40 years$856$539$328$194$113$39
41 years$826$513$308$179$102$34
42 years$797$489$289$165$93$30
43 years$770$466$271$153$84$26
44 years$744$444$254$141$76$23
45 years$719$423$239$130$69$20
46 years$695$404$224$120$63$18
47 years$673$385$211$111$57$16
48 years$651$368$198$103$52$14
49 years$631$351$186$95$47$12
50 years$611$336$175$88$43$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $626,000, adding $2,920 every year, while hoping to spend $32,875 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: 78/15/7 Blend
50$626,000$626,000$626,000$626,000
51$692,864$659,686$649,983$746,114
52$728,557$657,032$636,779$778,813
53$766,790$653,146$622,030$810,095
54$807,785$647,933$605,651$843,430
55$851,790$641,292$587,551$879,004
56$899,074$633,117$567,635$917,028
57$949,933$623,293$545,805$957,732
58$1,004,693$611,702$521,957$1,001,367
59$1,063,712$598,215$495,982$1,048,214
60$1,127,382$582,699$467,769$1,098,582
61$1,196,134$565,010$437,198$1,152,810
62$1,270,442$544,998$404,147$1,211,272
63$1,350,827$522,503$368,485$1,274,382
64$1,437,861$497,356$330,080$1,342,596
65$1,532,175$469,378$288,789$1,416,418
66$1,634,459$438,380$244,466$1,496,400
67$1,745,476$404,162$196,957$1,583,156
68$1,866,061$366,513$146,102$1,677,360
69$1,997,137$325,210$91,734$1,779,757
70$2,139,715$280,015$33,678$1,891,167
71$2,294,911$230,681$0$2,012,496
72$2,463,951$176,943$0$2,146,855
73$2,648,184$118,523$0$2,296,057
74$2,849,095$55,128$0$2,458,813
75$3,068,319$0$0$2,636,479
76$3,307,656$0$0$2,832,788
77$3,569,086$0$0$3,057,177
78$3,854,789$0$0$3,302,420
79$4,167,166$0$0$3,570,580
80$4,508,860$0$0$3,863,929
81$4,882,780$0$0$4,184,967
82$5,292,133$0$0$4,536,450
83$5,740,445$0$0$4,921,409
84$6,231,604$0$0$5,343,184
85$6,769,888$0$0$5,805,454
86$7,360,011$0$0$6,312,270
87$8,007,163$0$0$6,868,092
88$8,717,063$0$0$7,477,835
89$9,496,008$0$0$8,146,912
90$10,350,933$0$0$8,881,285
91$11,289,481$0$0$9,687,520
92$12,320,067$0$0$10,572,852
93$13,451,963$0$0$11,545,249
94$14,695,383$0$0$12,613,491
95$16,061,578$0$0$13,787,249
96$17,562,944$0$0$15,077,176
97$19,213,137$0$0$16,495,010
98$21,027,201$0$0$18,053,682
99$23,021,710$0$0$19,767,438
100$25,214,926$0$0$21,651,974