Can I retire at age 51 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$60,778$60,237$59,709$59,193$58,690$56,607
2 years$30,088$29,528$28,985$28,458$27,947$25,872
3 years$19,860$19,297$18,755$18,233$17,731$15,727
4 years$14,746$14,185$13,649$13,136$12,646$10,729
5 years$11,679$11,121$10,592$10,090$9,613$7,789
6 years$9,635$9,081$8,560$8,069$7,607$5,876
7 years$8,175$7,627$7,113$6,634$6,186$4,548
8 years$7,081$6,537$6,033$5,565$5,132$3,586
9 years$6,231$5,692$5,196$4,740$4,322$2,866
10 years$5,551$5,017$4,530$4,086$3,683$2,314
11 years$4,995$4,467$3,988$3,556$3,167$1,883
12 years$4,532$4,009$3,539$3,119$2,745$1,542
13 years$4,140$3,623$3,162$2,754$2,393$1,269
14 years$3,805$3,293$2,841$2,444$2,098$1,048
15 years$3,515$3,008$2,565$2,180$1,847$869
16 years$3,261$2,760$2,326$1,952$1,633$722
17 years$3,037$2,542$2,116$1,754$1,448$601
18 years$2,838$2,349$1,932$1,581$1,287$502
19 years$2,661$2,177$1,769$1,428$1,147$419
20 years$2,501$2,023$1,623$1,293$1,025$351
21 years$2,357$1,884$1,493$1,174$917$294
22 years$2,226$1,759$1,376$1,067$822$246
23 years$2,107$1,645$1,271$972$738$206
24 years$1,998$1,541$1,175$887$663$173
25 years$1,898$1,446$1,088$810$597$145
26 years$1,805$1,359$1,009$740$538$122
27 years$1,720$1,279$937$678$485$103
28 years$1,640$1,206$871$621$437$86
29 years$1,567$1,137$811$569$395$72
30 years$1,498$1,074$755$523$357$61
31 years$1,434$1,015$704$480$323$51
32 years$1,374$961$657$441$292$43
33 years$1,318$910$613$406$264$36
34 years$1,265$862$573$373$239$31
35 years$1,216$818$536$344$217$26
36 years$1,169$776$501$316$196$22
37 years$1,125$737$469$291$178$18
38 years$1,083$701$439$269$161$15
39 years$1,044$666$412$248$146$13
40 years$1,006$634$386$228$133$11
41 years$971$603$362$211$120$9
42 years$937$575$339$195$109$8
43 years$905$548$318$180$99$6
44 years$874$522$299$166$90$5
45 years$845$498$281$153$82$5
46 years$818$475$264$141$74$4
47 years$791$453$248$131$67$3
48 years$766$433$233$121$61$3
49 years$742$413$219$112$56$2
50 years$719$395$206$103$50$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $736,000, adding $6,627 every year, while hoping to spend $20,687 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: 46/44/10 Blend
50$736,000$736,000$736,000$736,000
51$817,908$778,900$767,492$852,952
52$879,324$795,055$771,192$893,996
53$946,310$811,309$774,323$935,828
54$1,019,415$827,643$776,843$980,738
55$1,099,238$844,041$778,710$1,029,016
56$1,186,442$860,481$779,879$1,080,985
57$1,281,756$876,942$780,302$1,137,000
58$1,385,983$893,399$779,930$1,197,450
59$1,500,006$909,828$778,710$1,262,767
60$1,624,797$926,200$776,587$1,333,426
61$1,761,429$942,487$773,505$1,409,949
62$1,911,080$958,654$769,404$1,492,915
63$2,075,051$974,668$764,219$1,582,958
64$2,254,771$990,492$757,885$1,680,781
65$2,451,816$1,006,085$750,333$1,787,157
66$2,667,923$1,021,405$741,491$1,902,937
67$2,905,002$1,036,405$731,282$2,029,062
68$3,165,160$1,051,036$719,627$2,166,569
69$3,450,714$1,065,245$706,443$2,316,600
70$3,764,221$1,078,975$691,642$2,480,415
71$4,108,493$1,092,167$675,134$2,659,403
72$4,486,631$1,104,755$656,823$2,855,096
73$4,902,050$1,116,671$636,609$3,069,184
74$5,358,512$1,127,841$614,389$3,303,528
75$5,860,162$1,138,186$590,052$3,560,183
76$6,411,564$1,147,623$563,485$3,841,412
77$7,017,751$1,156,064$534,568$4,149,712
78$7,684,263$1,163,412$503,177$4,487,835
79$8,417,206$1,169,567$469,182$4,858,818
80$9,223,307$1,174,423$432,446$5,266,006
81$10,109,979$1,177,864$392,828$5,713,090
82$11,085,386$1,179,769$350,177$6,204,138
83$12,158,528$1,180,009$304,340$6,743,635
84$13,339,316$1,178,448$255,154$7,336,526
85$14,638,674$1,174,940$202,449$7,988,265
86$16,068,637$1,169,331$146,050$8,704,863
87$17,642,467$1,161,456$85,771$9,492,947
88$19,374,774$1,151,143$21,420$10,359,824
89$21,281,659$1,138,207$0$11,313,551
90$23,380,861$1,122,453$0$12,368,051
91$25,691,929$1,103,673$0$13,530,839
92$28,236,403$1,081,650$0$14,810,445
93$31,038,015$1,056,149$0$16,218,793
94$34,122,919$1,026,927$0$17,769,026
95$37,519,932$993,722$0$19,475,634
96$41,260,810$956,259$0$21,354,585
97$45,380,543$914,247$0$23,423,484
98$49,917,690$867,376$0$25,701,732
99$54,914,738$815,322$0$28,210,719
100$60,418,507$757,738$0$30,974,017