Can I retire at age 51 with 684,000?

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 $684,000?

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%
1 years$56,484$55,981$55,490$55,011$54,543$53,398
2 years$27,962$27,442$26,937$26,448$25,973$24,825
3 years$18,456$17,933$17,430$16,945$16,478$15,363
4 years$13,704$13,183$12,685$12,208$11,752$10,678
5 years$10,854$10,336$9,844$9,377$8,934$7,904
6 years$8,954$8,440$7,955$7,499$7,069$6,085
7 years$7,598$7,088$6,611$6,165$5,749$4,810
8 years$6,581$6,075$5,606$5,172$4,769$3,876
9 years$5,790$5,290$4,829$4,405$4,017$3,168
10 years$5,158$4,663$4,210$3,797$3,422$2,617
11 years$4,642$4,151$3,706$3,305$2,943$2,181
12 years$4,211$3,726$3,289$2,899$2,551$1,830
13 years$3,848$3,367$2,939$2,559$2,224$1,544
14 years$3,536$3,060$2,640$2,272$1,950$1,308
15 years$3,266$2,796$2,384$2,026$1,717$1,113
16 years$3,030$2,565$2,161$1,814$1,517$950
17 years$2,823$2,362$1,967$1,630$1,345$813
18 years$2,638$2,183$1,795$1,469$1,196$697
19 years$2,473$2,023$1,644$1,327$1,066$599
20 years$2,325$1,880$1,508$1,202$952$515
21 years$2,191$1,751$1,388$1,091$852$444
22 years$2,069$1,635$1,279$992$764$383
23 years$1,958$1,529$1,181$903$686$331
24 years$1,857$1,432$1,092$824$616$286
25 years$1,763$1,344$1,011$752$555$247
26 years$1,678$1,263$938$688$500$214
27 years$1,598$1,189$871$630$450$185
28 years$1,524$1,120$810$577$406$160
29 years$1,456$1,057$754$529$367$139
30 years$1,392$998$702$486$332$120
31 years$1,333$944$654$446$300$104
32 years$1,277$893$611$410$271$91
33 years$1,225$846$570$377$245$79
34 years$1,176$801$533$347$222$68
35 years$1,130$760$498$319$201$59
36 years$1,086$721$466$294$182$51
37 years$1,045$685$436$271$165$45
38 years$1,007$651$408$250$150$39
39 years$970$619$383$230$136$34
40 years$935$589$359$212$123$29
41 years$902$561$336$196$112$25
42 years$871$534$315$181$101$22
43 years$841$509$296$167$92$19
44 years$813$485$278$154$84$17
45 years$786$463$261$142$76$14
46 years$760$441$245$131$69$13
47 years$735$421$230$121$63$11
48 years$712$402$216$112$57$9
49 years$689$384$203$104$52$8
50 years$668$367$191$96$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $684,000, adding $2,036 every year, while hoping to spend $40,691 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: 45/34/21 Blend
50$684,000$684,000$684,000$684,000
51$755,868$719,616$709,014$785,228
52$789,672$711,582$689,471$798,044
53$825,560$701,791$667,910$807,764
54$863,701$690,114$644,219$817,469
55$904,282$676,413$618,284$827,179
56$947,506$660,544$589,983$836,916
57$993,594$642,353$559,191$846,707
58$1,042,791$621,679$525,774$856,589
59$1,095,363$598,348$489,595$866,600
60$1,151,603$572,180$450,509$876,792
61$1,211,832$542,983$408,367$887,221
62$1,276,401$510,551$363,009$897,955
63$1,345,697$474,671$314,273$909,073
64$1,420,142$435,114$261,985$920,668
65$1,500,203$391,640$205,967$932,844
66$1,586,388$343,995$146,032$945,725
67$1,679,259$291,910$81,983$959,448
68$1,779,431$235,102$13,617$974,176
69$1,887,581$173,269$0$990,089
70$2,004,451$106,097$0$1,020,692
71$2,130,859$33,249$0$1,057,044
72$2,267,702$0$0$1,096,410
73$2,415,966$0$0$1,156,217
74$2,576,739$0$0$1,234,625
75$2,751,211$0$0$1,319,786
76$2,940,697$0$0$1,412,349
77$3,146,640$0$0$1,513,029
78$3,370,627$0$0$1,622,611
79$3,614,406$0$0$1,741,962
80$3,879,901$0$0$1,872,032
81$4,169,225$0$0$2,013,870
82$4,484,709$0$0$2,168,628
83$4,828,913$0$0$2,337,576
84$5,204,660$0$0$2,522,111
85$5,615,054$0$0$2,723,770
86$6,063,512$0$0$2,944,248
87$6,553,799$0$0$3,185,407
88$7,090,056$0$0$3,449,302
89$7,676,847$0$0$3,738,192
90$8,319,194$0$0$4,054,566
91$9,022,629$0$0$4,401,165
92$9,793,242$0$0$4,781,008
93$10,637,743$0$0$5,197,419
94$11,563,519$0$0$5,654,059
95$12,578,707$0$0$6,154,961
96$13,692,268$0$0$6,704,568
97$14,914,075$0$0$7,307,771
98$16,255,000$0$0$7,969,960
99$17,727,020$0$0$8,697,071
100$19,343,327$0$0$9,495,645