Can I retire at age 51 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$52,438$51,971$51,515$51,070$50,636$48,937
2 years$25,959$25,476$25,007$24,553$24,112$22,417
3 years$17,134$16,649$16,181$15,731$15,298$13,660
4 years$12,723$12,239$11,776$11,334$10,911$9,342
5 years$10,076$9,595$9,139$8,705$8,294$6,800
6 years$8,313$7,835$7,385$6,962$6,563$5,144
7 years$7,053$6,580$6,137$5,724$5,337$3,993
8 years$6,110$5,640$5,205$4,801$4,428$3,158
9 years$5,376$4,911$4,483$4,090$3,729$2,531
10 years$4,789$4,329$3,908$3,525$3,177$2,050
11 years$4,309$3,854$3,441$3,068$2,732$1,674
12 years$3,910$3,459$3,054$2,691$2,368$1,375
13 years$3,572$3,126$2,728$2,376$2,065$1,135
14 years$3,283$2,841$2,451$2,109$1,810$941
15 years$3,032$2,595$2,213$1,881$1,594$783
16 years$2,813$2,381$2,007$1,684$1,409$653
17 years$2,620$2,193$1,826$1,513$1,249$546
18 years$2,449$2,027$1,667$1,364$1,110$457
19 years$2,296$1,878$1,526$1,232$990$383
20 years$2,158$1,745$1,400$1,116$884$322
21 years$2,034$1,626$1,288$1,013$791$271
22 years$1,921$1,517$1,187$921$709$228
23 years$1,818$1,419$1,096$839$637$192
24 years$1,724$1,330$1,014$765$572$162
25 years$1,637$1,248$939$699$515$136
26 years$1,557$1,173$871$639$464$115
27 years$1,484$1,104$809$585$418$97
28 years$1,415$1,040$752$536$377$82
29 years$1,352$981$700$491$341$69
30 years$1,293$927$652$451$308$58
31 years$1,237$876$607$414$278$49
32 years$1,186$829$567$381$252$42
33 years$1,137$785$529$350$228$35
34 years$1,092$744$494$322$206$30
35 years$1,049$706$462$296$187$25
36 years$1,009$670$432$273$169$21
37 years$970$636$405$251$153$18
38 years$934$605$379$232$139$15
39 years$900$575$355$214$126$13
40 years$868$547$333$197$114$11
41 years$838$521$312$182$104$9
42 years$808$496$293$168$94$8
43 years$781$472$275$155$85$7
44 years$754$450$258$143$78$6
45 years$729$429$242$132$70$5
46 years$705$410$227$122$64$4
47 years$683$391$214$113$58$3
48 years$661$373$201$104$53$3
49 years$640$356$189$96$48$2
50 years$620$340$177$89$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $635,000, adding $5,126 every year, while hoping to spend $46,676 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: 68/11/21 Blend
50$635,000$635,000$635,000$635,000
51$705,057$671,402$661,560$748,964
52$727,310$654,638$634,059$762,231
53$750,269$635,488$604,073$770,845
54$773,955$613,786$571,469$779,146
55$798,393$589,356$536,107$787,102
56$823,607$562,012$497,845$794,677
57$849,622$531,558$456,529$801,835
58$876,463$497,784$412,003$808,537
59$904,158$460,471$364,100$814,742
60$932,733$419,386$312,649$820,407
61$962,219$374,283$257,470$825,486
62$992,644$324,901$198,374$829,931
63$1,024,040$270,967$135,165$833,690
64$1,056,437$212,190$67,638$836,709
65$1,089,869$148,262$0$838,932
66$1,124,370$78,861$0$841,289
67$1,159,975$3,645$0$858,964
68$1,196,721$0$0$876,771
69$1,234,645$0$0$904,104
70$1,273,787$0$0$932,772
71$1,314,188$0$0$962,361
72$1,355,889$0$0$992,904
73$1,398,935$0$0$1,024,431
74$1,443,371$0$0$1,056,978
75$1,489,245$0$0$1,090,578
76$1,536,605$0$0$1,125,268
77$1,585,503$0$0$1,161,085
78$1,635,992$0$0$1,198,068
79$1,688,127$0$0$1,236,257
80$1,741,965$0$0$1,275,696
81$1,797,567$0$0$1,316,427
82$1,854,995$0$0$1,358,497
83$1,914,313$0$0$1,401,954
84$1,975,591$0$0$1,446,848
85$2,038,899$0$0$1,493,230
86$2,104,310$0$0$1,541,155
87$2,171,903$0$0$1,590,681
88$2,241,758$0$0$1,641,867
89$2,313,961$0$0$1,694,776
90$2,388,600$0$0$1,749,472
91$2,465,769$0$0$1,806,025
92$2,545,565$0$0$1,864,507
93$2,628,092$0$0$1,924,993
94$2,713,456$0$0$1,987,564
95$2,801,773$0$0$2,052,302
96$2,893,162$0$0$2,119,298
97$2,987,749$0$0$2,188,643
98$3,085,668$0$0$2,260,436
99$3,187,060$0$0$2,334,782
100$3,292,073$0$0$2,411,790