Can I retire at age 51 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$52,520$52,052$51,596$51,151$50,716$49,671
2 years$26,000$25,516$25,047$24,592$24,150$23,103
3 years$17,161$16,675$16,207$15,756$15,322$14,304
4 years$12,743$12,258$11,794$11,351$10,928$9,947
5 years$10,092$9,610$9,153$8,719$8,307$7,367
6 years$8,326$7,848$7,397$6,973$6,573$5,674
7 years$7,065$6,590$6,147$5,733$5,346$4,488
8 years$6,119$5,649$5,213$4,809$4,435$3,619
9 years$5,384$4,919$4,490$4,096$3,735$2,959
10 years$4,796$4,335$3,914$3,531$3,182$2,446
11 years$4,316$3,860$3,446$3,073$2,737$2,040
12 years$3,916$3,464$3,058$2,695$2,372$1,713
13 years$3,578$3,131$2,733$2,380$2,068$1,446
14 years$3,288$2,846$2,455$2,112$1,813$1,226
15 years$3,037$2,600$2,217$1,884$1,596$1,044
16 years$2,818$2,385$2,010$1,687$1,411$891
17 years$2,624$2,197$1,829$1,516$1,251$763
18 years$2,453$2,030$1,669$1,366$1,112$655
19 years$2,299$1,881$1,528$1,234$991$563
20 years$2,162$1,748$1,403$1,118$885$485
21 years$2,037$1,628$1,290$1,014$792$418
22 years$1,924$1,520$1,189$922$710$361
23 years$1,821$1,422$1,098$840$638$312
24 years$1,726$1,332$1,015$766$573$270
25 years$1,640$1,250$940$700$516$233
26 years$1,560$1,175$872$640$465$202
27 years$1,486$1,106$810$586$419$175
28 years$1,418$1,042$753$537$378$152
29 years$1,354$983$701$492$341$132
30 years$1,295$928$653$452$308$114
31 years$1,239$877$608$415$279$99
32 years$1,188$830$568$381$252$86
33 years$1,139$786$530$350$228$75
34 years$1,093$745$495$322$207$65
35 years$1,051$707$463$297$187$56
36 years$1,010$671$433$273$170$49
37 years$972$637$405$252$154$43
38 years$936$605$380$232$139$37
39 years$902$576$356$214$126$32
40 years$870$548$333$197$115$28
41 years$839$521$313$182$104$24
42 years$810$497$293$168$94$21
43 years$782$473$275$155$86$18
44 years$756$451$258$143$78$16
45 years$731$430$243$132$71$14
46 years$707$410$228$122$64$12
47 years$684$392$214$113$58$10
48 years$662$374$201$104$53$9
49 years$641$357$189$96$48$8
50 years$621$341$178$89$44$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $636,000, adding $6,989 every year, while hoping to spend $46,872 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: 69/26/5 Blend
50$636,000$636,000$636,000$636,000
51$708,081$674,373$664,515$756,067
52$730,434$657,546$636,905$771,887
53$753,496$638,323$606,799$782,758
54$777,290$616,538$574,064$793,354
55$801,839$592,014$538,561$803,640
56$827,168$564,565$500,144$813,574
57$853,302$533,991$458,662$823,114
58$880,268$500,086$413,956$832,216
59$908,091$462,626$365,860$840,831
60$936,801$421,380$314,201$848,908
61$966,426$376,098$258,797$856,392
62$996,996$326,522$199,462$863,225
63$1,028,542$272,374$135,996$869,346
64$1,061,096$213,362$68,194$874,688
65$1,094,691$149,181$0$879,183
66$1,129,362$79,503$0$882,978
67$1,165,144$3,986$0$889,669
68$1,202,075$0$0$895,545
69$1,240,192$0$0$922,770
70$1,279,535$0$0$952,048
71$1,320,146$0$0$982,270
72$1,362,067$0$0$1,013,468
73$1,405,344$0$0$1,045,674
74$1,450,021$0$0$1,078,924
75$1,496,147$0$0$1,113,253
76$1,543,773$0$0$1,148,698
77$1,592,949$0$0$1,185,298
78$1,643,730$0$0$1,223,094
79$1,696,172$0$0$1,262,127
80$1,750,334$0$0$1,302,441
81$1,806,277$0$0$1,344,081
82$1,864,064$0$0$1,387,096
83$1,923,762$0$0$1,431,535
84$1,985,441$0$0$1,477,450
85$2,049,173$0$0$1,524,895
86$2,115,034$0$0$1,573,927
87$2,183,103$0$0$1,624,605
88$2,253,464$0$0$1,676,991
89$2,326,204$0$0$1,731,152
90$2,401,414$0$0$1,787,154
91$2,479,191$0$0$1,845,071
92$2,559,635$0$0$1,904,977
93$2,642,853$0$0$1,966,953
94$2,728,956$0$0$2,031,081
95$2,818,063$0$0$2,097,451
96$2,910,297$0$0$2,166,156
97$3,005,790$0$0$2,237,293
98$3,104,681$0$0$2,310,968
99$3,207,115$0$0$2,387,290
100$3,313,250$0$0$2,466,375