Can I retire at age 51 with 726,000?

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 $726,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$59,952$59,418$58,897$58,389$57,892$56,770
2 years$29,679$29,127$28,591$28,072$27,568$26,441
3 years$19,590$19,035$18,500$17,986$17,490$16,395
4 years$14,546$13,992$13,463$12,958$12,474$11,419
5 years$11,520$10,970$10,448$9,953$9,483$8,470
6 years$9,504$8,958$8,444$7,959$7,503$6,535
7 years$8,064$7,523$7,017$6,544$6,102$5,177
8 years$6,985$6,449$5,951$5,489$5,062$4,181
9 years$6,146$5,615$5,125$4,676$4,263$3,426
10 years$5,475$4,949$4,468$4,031$3,632$2,837
11 years$4,927$4,406$3,934$3,508$3,124$2,370
12 years$4,470$3,954$3,491$3,077$2,707$1,994
13 years$4,084$3,574$3,119$2,716$2,361$1,687
14 years$3,753$3,248$2,803$2,411$2,069$1,433
15 years$3,467$2,967$2,530$2,150$1,822$1,223
16 years$3,216$2,723$2,294$1,925$1,610$1,046
17 years$2,996$2,507$2,088$1,730$1,428$898
18 years$2,800$2,317$1,906$1,559$1,270$772
19 years$2,625$2,147$1,745$1,409$1,132$665
20 years$2,467$1,995$1,601$1,276$1,011$574
21 years$2,325$1,859$1,473$1,158$905$496
22 years$2,196$1,735$1,357$1,053$811$429
23 years$2,078$1,623$1,253$959$728$372
24 years$1,971$1,520$1,159$875$654$322
25 years$1,872$1,427$1,074$799$589$280
26 years$1,781$1,341$996$730$530$243
27 years$1,696$1,262$925$668$478$211
28 years$1,618$1,189$859$612$431$183
29 years$1,545$1,122$800$562$390$159
30 years$1,478$1,059$745$515$352$139
31 years$1,415$1,002$695$473$318$121
32 years$1,356$948$648$435$288$105
33 years$1,300$897$605$400$260$91
34 years$1,248$851$565$368$236$80
35 years$1,199$807$529$339$214$69
36 years$1,153$766$494$312$194$60
37 years$1,110$727$463$288$175$53
38 years$1,068$691$433$265$159$46
39 years$1,029$657$406$244$144$40
40 years$993$625$381$225$131$35
41 years$958$595$357$208$119$30
42 years$924$567$335$192$108$26
43 years$893$540$314$177$98$23
44 years$863$515$295$164$89$20
45 years$834$491$277$151$81$17
46 years$807$468$260$140$73$15
47 years$780$447$244$129$66$13
48 years$756$427$230$119$60$12
49 years$732$407$216$110$55$10
50 years$709$389$203$102$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $726,000, adding $5,296 every year, while hoping to spend $54,012 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: 43/29/28 Blend
50$726,000$726,000$726,000$726,000
51$805,515$767,037$755,784$833,382
52$830,209$747,153$723,634$833,976
53$855,612$724,485$688,597$829,100
54$881,738$698,839$650,520$822,786
55$908,604$670,010$609,240$814,931
56$936,222$637,782$564,591$805,427
57$964,609$601,925$516,396$794,163
58$993,777$562,198$464,474$781,016
59$1,023,740$518,343$408,631$765,860
60$1,054,510$470,090$348,669$748,561
61$1,086,098$417,153$284,377$728,978
62$1,118,515$359,228$215,539$706,959
63$1,151,770$295,997$141,926$682,346
64$1,185,871$227,121$63,301$654,972
65$1,220,824$152,244$0$624,659
66$1,256,633$70,989$0$597,375
67$1,293,300$0$0$587,350
68$1,330,824$0$0$580,961
69$1,369,203$0$0$597,582
70$1,408,429$0$0$614,556
71$1,448,492$0$0$631,876
72$1,489,379$0$0$649,534
73$1,531,070$0$0$667,519
74$1,573,541$0$0$685,817
75$1,616,763$0$0$704,414
76$1,660,700$0$0$723,290
77$1,705,307$0$0$742,423
78$1,750,533$0$0$761,786
79$1,796,318$0$0$781,348
80$1,842,591$0$0$801,075
81$1,889,270$0$0$820,924
82$1,936,260$0$0$840,849
83$1,983,453$0$0$860,797
84$2,030,725$0$0$880,707
85$2,077,935$0$0$900,508
86$2,124,923$0$0$920,123
87$2,171,507$0$0$939,464
88$2,217,483$0$0$958,430
89$2,262,620$0$0$976,909
90$2,306,658$0$0$994,776
91$2,349,305$0$0$1,011,890
92$2,390,234$0$0$1,028,092
93$2,429,078$0$0$1,043,206
94$2,465,429$0$0$1,057,034
95$2,498,828$0$0$1,069,357
96$2,528,764$0$0$1,079,928
97$2,554,668$0$0$1,088,475
98$2,575,905$0$0$1,094,693
99$2,591,769$0$0$1,098,243
100$2,601,475$0$0$1,098,751