Can I retire at age 51 with 731,000?

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 $731,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$60,365$59,828$59,303$58,791$58,291$56,652
2 years$29,884$29,327$28,788$28,265$27,758$26,119
3 years$19,725$19,166$18,628$18,110$17,611$16,024
4 years$14,646$14,089$13,556$13,047$12,560$11,037
5 years$11,600$11,046$10,520$10,021$9,548$8,093
6 years$9,569$9,020$8,502$8,014$7,555$6,169
7 years$8,120$7,575$7,065$6,589$6,144$4,827
8 years$7,033$6,493$5,992$5,527$5,097$3,849
9 years$6,188$5,653$5,161$4,708$4,293$3,112
10 years$5,513$4,983$4,499$4,058$3,657$2,542
11 years$4,961$4,436$3,961$3,532$3,146$2,094
12 years$4,501$3,982$3,515$3,098$2,726$1,737
13 years$4,112$3,598$3,141$2,735$2,377$1,448
14 years$3,779$3,271$2,822$2,428$2,084$1,212
15 years$3,491$2,988$2,548$2,165$1,835$1,018
16 years$3,239$2,741$2,310$1,939$1,621$858
17 years$3,016$2,525$2,102$1,742$1,438$724
18 years$2,819$2,333$1,919$1,570$1,278$613
19 years$2,643$2,162$1,757$1,418$1,139$519
20 years$2,484$2,009$1,612$1,285$1,018$441
21 years$2,341$1,871$1,483$1,166$911$375
22 years$2,211$1,747$1,367$1,060$816$319
23 years$2,093$1,634$1,262$965$733$271
24 years$1,984$1,531$1,167$881$659$231
25 years$1,885$1,437$1,081$804$593$197
26 years$1,793$1,350$1,002$735$534$168
27 years$1,708$1,271$931$673$481$143
28 years$1,629$1,197$865$617$434$122
29 years$1,556$1,130$805$565$392$105
30 years$1,488$1,067$750$519$354$89
31 years$1,424$1,008$699$477$320$76
32 years$1,365$954$652$438$290$65
33 years$1,309$904$609$403$262$56
34 years$1,257$856$569$371$237$48
35 years$1,207$812$532$341$215$41
36 years$1,161$771$498$314$195$35
37 years$1,117$732$466$290$177$30
38 years$1,076$696$436$267$160$25
39 years$1,037$662$409$246$145$22
40 years$999$630$383$227$132$19
41 years$964$599$359$209$119$16
42 years$931$571$337$193$108$14
43 years$899$544$316$178$98$12
44 years$869$518$297$165$89$10
45 years$840$494$279$152$81$9
46 years$812$472$262$141$74$7
47 years$786$450$246$130$67$6
48 years$761$430$231$120$61$5
49 years$737$410$217$111$55$5
50 years$714$392$204$102$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $731,000, adding $2,209 every year, while hoping to spend $45,005 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: 46/33/21 Blend
50$731,000$731,000$731,000$731,000
51$807,841$769,098$757,767$840,051
52$842,355$758,898$735,267$852,651
53$878,882$746,691$710,505$861,673
54$917,579$732,330$683,358$870,535
55$958,618$715,660$653,696$879,243
56$1,002,187$696,517$621,386$887,806
57$1,048,493$674,730$586,285$896,239
58$1,097,761$650,113$548,247$904,560
59$1,150,237$622,473$507,118$912,794
60$1,206,192$591,604$462,737$920,972
61$1,265,921$557,290$414,936$929,132
62$1,329,748$519,301$363,539$937,322
63$1,398,028$477,393$308,364$945,597
64$1,471,152$431,310$249,219$954,024
65$1,549,546$380,780$185,904$962,684
66$1,633,678$325,518$118,211$971,668
67$1,724,064$265,218$45,921$981,087
68$1,821,267$199,563$0$991,065
69$1,925,907$128,212$0$1,008,745
70$2,038,665$50,810$0$1,038,735
71$2,160,289$0$0$1,070,981
72$2,291,598$0$0$1,117,753
73$2,433,497$0$0$1,188,302
74$2,586,976$0$0$1,264,677
75$2,753,126$0$0$1,347,430
76$2,933,144$0$0$1,437,167
77$3,128,350$0$0$1,534,555
78$3,340,191$0$0$1,640,327
79$3,570,262$0$0$1,755,288
80$3,820,315$0$0$1,880,327
81$4,092,278$0$0$2,016,418
82$4,388,275$0$0$2,164,636
83$4,710,638$0$0$2,326,163
84$5,061,937$0$0$2,502,298
85$5,445,000$0$0$2,694,474
86$5,862,937$0$0$2,904,265
87$6,319,174$0$0$3,133,406
88$6,817,482$0$0$3,383,806
89$7,362,009$0$0$3,657,566
90$7,957,327$0$0$3,957,001
91$8,608,465$0$0$4,284,659
92$9,320,964$0$0$4,643,346
93$10,100,922$0$0$5,036,151
94$10,955,056$0$0$5,466,476
95$11,890,763$0$0$5,938,068
96$12,916,188$0$0$6,455,055
97$14,040,302$0$0$7,021,979
98$15,272,986$0$0$7,643,849
99$16,625,122$0$0$8,326,176
100$18,108,695$0$0$9,075,034