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%14.8%
1 years$60,778$60,237$59,709$59,193$58,690$57,528
2 years$30,088$29,528$28,985$28,458$27,947$26,782
3 years$19,860$19,297$18,755$18,233$17,731$16,598
4 years$14,746$14,185$13,649$13,136$12,646$11,555
5 years$11,679$11,121$10,592$10,090$9,613$8,566
6 years$9,635$9,081$8,560$8,069$7,607$6,605
7 years$8,175$7,627$7,113$6,634$6,186$5,230
8 years$7,081$6,537$6,033$5,565$5,132$4,222
9 years$6,231$5,692$5,196$4,740$4,322$3,457
10 years$5,551$5,017$4,530$4,086$3,683$2,861
11 years$4,995$4,467$3,988$3,556$3,167$2,389
12 years$4,532$4,009$3,539$3,119$2,745$2,008
13 years$4,140$3,623$3,162$2,754$2,393$1,698
14 years$3,805$3,293$2,841$2,444$2,098$1,442
15 years$3,515$3,008$2,565$2,180$1,847$1,229
16 years$3,261$2,760$2,326$1,952$1,633$1,051
17 years$3,037$2,542$2,116$1,754$1,448$901
18 years$2,838$2,349$1,932$1,581$1,287$774
19 years$2,661$2,177$1,769$1,428$1,147$667
20 years$2,501$2,023$1,623$1,293$1,025$575
21 years$2,357$1,884$1,493$1,174$917$497
22 years$2,226$1,759$1,376$1,067$822$429
23 years$2,107$1,645$1,271$972$738$372
24 years$1,998$1,541$1,175$887$663$322
25 years$1,898$1,446$1,088$810$597$279
26 years$1,805$1,359$1,009$740$538$242
27 years$1,720$1,279$937$678$485$210
28 years$1,640$1,206$871$621$437$182
29 years$1,567$1,137$811$569$395$158
30 years$1,498$1,074$755$523$357$138
31 years$1,434$1,015$704$480$323$120
32 years$1,374$961$657$441$292$104
33 years$1,318$910$613$406$264$91
34 years$1,265$862$573$373$239$79
35 years$1,216$818$536$344$217$68
36 years$1,169$776$501$316$196$60
37 years$1,125$737$469$291$178$52
38 years$1,083$701$439$269$161$45
39 years$1,044$666$412$248$146$39
40 years$1,006$634$386$228$133$34
41 years$971$603$362$211$120$30
42 years$937$575$339$195$109$26
43 years$905$548$318$180$99$23
44 years$874$522$299$166$90$20
45 years$845$498$281$153$82$17
46 years$818$475$264$141$74$15
47 years$791$453$248$131$67$13
48 years$766$433$233$121$61$11
49 years$742$413$219$112$56$10
50 years$719$395$206$103$50$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $736,000, adding $6,139 every year, while hoping to spend $29,596 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: 46/42/12 Blend
50$736,000$736,000$736,000$736,000
51$817,404$778,396$766,988$851,974
52$869,290$785,048$761,193$883,192
53$925,475$791,033$754,211$913,516
54$986,369$796,289$745,972$945,751
55$1,052,418$800,747$736,401$980,085
56$1,124,116$804,334$725,422$1,016,727
57$1,202,003$806,975$712,951$1,055,907
58$1,286,677$808,586$698,905$1,097,880
59$1,378,793$809,082$683,193$1,142,931
60$1,479,073$808,369$665,722$1,191,372
61$1,588,309$806,350$646,395$1,243,551
62$1,707,377$802,921$625,109$1,299,851
63$1,837,236$797,971$601,758$1,360,700
64$1,978,946$791,384$576,228$1,426,567
65$2,133,672$783,035$548,405$1,497,974
66$2,302,694$772,792$518,165$1,575,498
67$2,487,426$760,516$485,380$1,659,777
68$2,689,421$746,058$449,918$1,751,518
69$2,910,390$729,263$411,639$1,851,501
70$3,152,218$709,965$370,396$1,960,591
71$3,416,978$687,988$326,039$2,079,743
72$3,706,956$663,145$278,407$2,210,015
73$4,024,667$635,241$227,335$2,352,573
74$4,372,883$604,067$172,650$2,508,709
75$4,754,653$569,402$114,170$2,679,852
76$5,173,340$531,015$51,707$2,867,578
77$5,632,645$488,659$0$3,073,632
78$6,136,645$442,074$0$3,301,854
79$6,689,832$390,984$0$3,559,650
80$7,297,152$335,100$0$3,842,771
81$7,964,054$274,113$0$4,153,843
82$8,696,543$207,699$0$4,495,768
83$9,501,230$135,516$0$4,871,745
84$10,385,401$57,202$0$5,285,309
85$11,357,081$0$0$5,740,359
86$12,425,112$0$0$6,253,968
87$13,599,235$0$0$6,847,750
88$14,890,182$0$0$7,500,709
89$16,309,775$0$0$8,218,835
90$17,871,042$0$0$9,008,732
91$19,588,336$0$0$9,877,673
92$21,477,468$0$0$10,833,672
93$23,555,862$0$0$11,885,561
94$25,842,714$0$0$13,043,067
95$28,359,176$0$0$14,316,913
96$31,128,553$0$0$15,718,910
97$34,176,524$0$0$17,262,073
98$37,531,383$0$0$18,960,743
99$41,224,307$0$0$20,830,723
100$45,289,648$0$0$22,889,425