Can I retire at age 51 with 663,000?

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 $663,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$54,750$54,262$53,786$53,322$52,869$51,320
2 years$27,104$26,599$26,110$25,636$25,176$23,628
3 years$17,890$17,383$16,895$16,425$15,972$14,474
4 years$13,284$12,778$12,295$11,833$11,392$9,955
5 years$10,521$10,018$9,542$9,089$8,660$7,288
6 years$8,679$8,181$7,711$7,269$6,852$5,546
7 years$7,365$6,870$6,408$5,976$5,573$4,333
8 years$6,379$5,889$5,434$5,013$4,623$3,448
9 years$5,613$5,127$4,681$4,270$3,893$2,783
10 years$5,000$4,520$4,081$3,681$3,317$2,269
11 years$4,499$4,023$3,593$3,203$2,853$1,866
12 years$4,082$3,611$3,188$2,810$2,472$1,544
13 years$3,729$3,264$2,849$2,481$2,156$1,285
14 years$3,427$2,966$2,559$2,202$1,890$1,073
15 years$3,166$2,710$2,311$1,964$1,664$900
16 years$2,937$2,486$2,095$1,758$1,471$756
17 years$2,736$2,290$1,906$1,580$1,304$637
18 years$2,557$2,116$1,740$1,424$1,159$538
19 years$2,397$1,961$1,593$1,287$1,033$455
20 years$2,253$1,822$1,462$1,165$923$385
21 years$2,123$1,697$1,345$1,057$826$327
22 years$2,006$1,584$1,240$962$740$277
23 years$1,898$1,482$1,144$876$665$235
24 years$1,800$1,388$1,058$799$597$200
25 years$1,709$1,303$980$729$538$170
26 years$1,626$1,225$909$667$484$145
27 years$1,549$1,152$844$610$437$123
28 years$1,478$1,086$785$559$394$105
29 years$1,411$1,024$730$513$356$89
30 years$1,350$968$680$471$321$76
31 years$1,292$915$634$432$291$65
32 years$1,238$865$592$397$263$55
33 years$1,187$820$553$365$238$47
34 years$1,140$777$516$336$215$40
35 years$1,095$737$483$309$195$34
36 years$1,053$699$452$285$177$29
37 years$1,013$664$423$263$160$25
38 years$976$631$396$242$145$21
39 years$940$600$371$223$132$18
40 years$906$571$348$206$119$15
41 years$874$544$326$190$108$13
42 years$844$518$306$175$98$11
43 years$815$493$287$162$89$10
44 years$788$470$269$149$81$8
45 years$762$448$253$138$74$7
46 years$737$428$237$127$67$6
47 years$713$408$223$118$61$5
48 years$690$390$210$109$55$4
49 years$668$372$197$101$50$4
50 years$647$355$185$93$45$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $663,000, adding $3,829 every year, while hoping to spend $31,407 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: 68/15/17 Blend
50$663,000$663,000$663,000$663,000
51$734,576$699,437$689,160$781,274
52$776,086$700,292$678,830$813,779
53$820,777$700,137$667,102$845,271
54$868,941$698,889$653,894$878,935
55$920,898$696,459$639,124$914,985
56$976,999$692,755$622,705$953,652
57$1,037,630$687,678$604,543$995,196
58$1,103,217$681,123$584,544$1,039,900
59$1,174,226$672,978$562,607$1,088,080
60$1,251,170$663,127$538,627$1,140,083
61$1,334,613$651,444$512,495$1,196,294
62$1,425,176$637,797$484,096$1,257,136
63$1,523,541$622,046$453,310$1,323,077
64$1,630,459$604,043$420,012$1,394,636
65$1,746,755$583,630$384,072$1,472,383
66$1,873,337$560,642$345,352$1,556,948
67$2,011,206$534,902$303,710$1,649,030
68$2,161,462$506,225$258,997$1,749,395
69$2,325,315$474,413$211,057$1,858,894
70$2,504,097$439,260$159,727$1,978,463
71$2,699,276$400,544$104,839$2,109,139
72$2,912,465$358,034$46,214$2,252,061
73$3,145,442$311,483$0$2,408,493
74$3,400,164$260,633$0$2,582,790
75$3,678,785$205,208$0$2,782,662
76$3,983,677$144,919$0$3,001,449
77$4,317,452$79,461$0$3,241,060
78$4,682,987$8,509$0$3,503,600
79$5,083,449$0$0$3,791,388
80$5,522,326$0$0$4,118,250
81$6,003,460$0$0$4,478,164
82$6,531,082$0$0$4,872,894
83$7,109,852$0$0$5,305,933
84$7,744,904$0$0$5,781,125
85$8,441,891$0$0$6,302,708
86$9,207,042$0$0$6,875,347
87$10,047,217$0$0$7,504,183
88$10,969,972$0$0$8,194,878
89$11,983,634$0$0$8,953,670
90$13,097,373$0$0$9,787,430
91$14,321,293$0$0$10,703,730
92$15,666,525$0$0$11,710,908
93$17,145,330$0$0$12,818,153
94$18,771,220$0$0$14,035,589
95$20,559,078$0$0$15,374,368
96$22,525,302$0$0$16,846,777
97$24,687,962$0$0$18,466,355
98$27,066,963$0$0$20,248,017
99$29,684,238$0$0$22,208,200
100$32,563,953$0$0$24,365,010