Can I retire at age 51 with 665,000?

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 $665,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$54,915$54,426$53,949$53,483$53,028$52,387
2 years$27,186$26,679$26,189$25,713$25,251$24,606
3 years$17,944$17,435$16,946$16,475$16,021$15,391
4 years$13,324$12,817$12,332$11,869$11,426$10,818
5 years$10,552$10,049$9,570$9,117$8,686$8,100
6 years$8,705$8,205$7,734$7,291$6,873$6,310
7 years$7,387$6,891$6,427$5,994$5,589$5,051
8 years$6,398$5,907$5,451$5,028$4,637$4,121
9 years$5,630$5,143$4,695$4,283$3,905$3,413
10 years$5,015$4,533$4,093$3,692$3,327$2,858
11 years$4,513$4,036$3,603$3,213$2,862$2,415
12 years$4,094$3,622$3,198$2,818$2,480$2,055
13 years$3,741$3,273$2,857$2,488$2,162$1,759
14 years$3,438$2,975$2,567$2,209$1,896$1,513
15 years$3,175$2,718$2,318$1,970$1,669$1,307
16 years$2,946$2,494$2,101$1,764$1,475$1,132
17 years$2,744$2,297$1,912$1,585$1,308$984
18 years$2,565$2,122$1,746$1,428$1,163$857
19 years$2,404$1,967$1,598$1,290$1,037$749
20 years$2,260$1,828$1,467$1,169$926$655
21 years$2,130$1,702$1,349$1,061$829$574
22 years$2,012$1,589$1,243$964$743$503
23 years$1,904$1,486$1,148$878$667$442
24 years$1,805$1,393$1,062$801$599$389
25 years$1,714$1,307$983$732$539$342
26 years$1,631$1,228$912$669$486$301
27 years$1,554$1,156$847$612$438$265
28 years$1,482$1,089$787$561$395$234
29 years$1,416$1,028$733$514$357$206
30 years$1,354$970$682$472$322$182
31 years$1,296$917$636$434$291$161
32 years$1,242$868$594$398$264$142
33 years$1,191$822$554$366$239$126
34 years$1,143$779$518$337$216$111
35 years$1,098$739$484$310$196$98
36 years$1,056$701$453$286$177$87
37 years$1,016$666$424$263$161$77
38 years$979$633$397$243$146$68
39 years$943$602$372$224$132$60
40 years$909$573$349$206$120$53
41 years$877$545$327$190$109$47
42 years$847$519$307$176$99$42
43 years$818$495$288$162$90$37
44 years$790$472$270$150$81$33
45 years$764$450$254$138$74$29
46 years$739$429$238$128$67$26
47 years$715$409$224$118$61$23
48 years$692$391$210$109$55$20
49 years$670$373$198$101$50$18
50 years$649$357$186$93$46$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $665,000, adding $3,316 every year, while hoping to spend $33,688 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: 56/15/29 Blend
50$665,000$665,000$665,000$665,000
51$736,250$701,005$690,698$771,417
52$775,504$699,511$677,993$794,511
53$817,633$696,814$663,732$815,895
54$862,894$692,821$647,830$838,518
55$911,570$687,430$630,193$862,512
56$963,972$680,536$610,727$888,023
57$1,020,441$672,026$589,330$915,214
58$1,081,352$661,781$565,898$944,266
59$1,147,115$649,673$540,321$975,380
60$1,218,183$635,570$512,484$1,008,779
61$1,295,053$619,328$482,268$1,044,713
62$1,378,271$600,798$449,547$1,083,456
63$1,468,438$579,820$414,190$1,125,316
64$1,566,214$556,227$376,060$1,170,633
65$1,672,325$529,839$335,015$1,219,784
66$1,787,569$500,468$290,905$1,273,187
67$1,912,825$467,915$243,575$1,331,306
68$2,049,060$431,969$192,861$1,394,657
69$2,197,336$392,407$138,593$1,463,809
70$2,358,823$348,994$80,595$1,539,394
71$2,534,808$301,480$18,681$1,622,111
72$2,726,709$249,603$0$1,712,737
73$2,936,084$193,085$0$1,826,793
74$3,164,650$131,631$0$1,957,688
75$3,414,296$64,932$0$2,100,750
76$3,687,101$0$0$2,257,212
77$3,985,356$0$0$2,429,644
78$4,311,581$0$0$2,630,025
79$4,668,552$0$0$2,849,351
80$5,059,326$0$0$3,089,506
81$5,487,268$0$0$3,352,568
82$5,956,085$0$0$3,640,821
83$6,469,858$0$0$3,956,785
84$7,033,083$0$0$4,303,232
85$7,650,711$0$0$4,683,216
86$8,328,195$0$0$5,100,102
87$9,071,541$0$0$5,557,594
88$9,887,365$0$0$6,059,776
89$10,782,955$0$0$6,611,142
90$11,766,339$0$0$7,216,646
91$12,846,358$0$0$7,881,743
92$14,032,755$0$0$8,612,443
93$15,336,260$0$0$9,415,367
94$16,768,696$0$0$10,297,810
95$18,343,087$0$0$11,267,808
96$20,073,781$0$0$12,334,213
97$21,976,586$0$0$13,506,780
98$24,068,919$0$0$14,796,256
99$26,369,968$0$0$16,214,478
100$28,900,873$0$0$17,774,493