Can I retire at age 51 with 736,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.3%
1 years$60,778$60,237$59,709$59,193$58,690$56,720
2 years$30,088$29,528$28,985$28,458$27,947$25,983
3 years$19,860$19,297$18,755$18,233$17,731$15,833
4 years$14,746$14,185$13,649$13,136$12,646$10,828
5 years$11,679$11,121$10,592$10,090$9,613$7,881
6 years$9,635$9,081$8,560$8,069$7,607$5,962
7 years$8,175$7,627$7,113$6,634$6,186$4,628
8 years$7,081$6,537$6,033$5,565$5,132$3,660
9 years$6,231$5,692$5,196$4,740$4,322$2,934
10 years$5,551$5,017$4,530$4,086$3,683$2,376
11 years$4,995$4,467$3,988$3,556$3,167$1,940
12 years$4,532$4,009$3,539$3,119$2,745$1,594
13 years$4,140$3,623$3,162$2,754$2,393$1,316
14 years$3,805$3,293$2,841$2,444$2,098$1,091
15 years$3,515$3,008$2,565$2,180$1,847$907
16 years$3,261$2,760$2,326$1,952$1,633$757
17 years$3,037$2,542$2,116$1,754$1,448$633
18 years$2,838$2,349$1,932$1,581$1,287$530
19 years$2,661$2,177$1,769$1,428$1,147$444
20 years$2,501$2,023$1,623$1,293$1,025$373
21 years$2,357$1,884$1,493$1,174$917$314
22 years$2,226$1,759$1,376$1,067$822$264
23 years$2,107$1,645$1,271$972$738$222
24 years$1,998$1,541$1,175$887$663$187
25 years$1,898$1,446$1,088$810$597$158
26 years$1,805$1,359$1,009$740$538$133
27 years$1,720$1,279$937$678$485$112
28 years$1,640$1,206$871$621$437$95
29 years$1,567$1,137$811$569$395$80
30 years$1,498$1,074$755$523$357$68
31 years$1,434$1,015$704$480$323$57
32 years$1,374$961$657$441$292$48
33 years$1,318$910$613$406$264$41
34 years$1,265$862$573$373$239$34
35 years$1,216$818$536$344$217$29
36 years$1,169$776$501$316$196$25
37 years$1,125$737$469$291$178$21
38 years$1,083$701$439$269$161$18
39 years$1,044$666$412$248$146$15
40 years$1,006$634$386$228$133$13
41 years$971$603$362$211$120$11
42 years$937$575$339$195$109$9
43 years$905$548$318$180$99$8
44 years$874$522$299$166$90$6
45 years$845$498$281$153$82$5
46 years$818$475$264$141$74$5
47 years$791$453$248$131$67$4
48 years$766$433$233$121$61$3
49 years$742$413$219$112$56$3
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 $6,152 every year, while hoping to spend $37,336 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: 42/43/15 Blend
50$736,000$736,000$736,000$736,000
51$817,418$778,410$767,002$847,918
52$861,069$776,827$752,971$868,408
53$907,922$773,915$737,219$886,424
54$958,262$769,569$719,649$905,129
55$1,012,406$763,679$700,158$924,602
56$1,070,700$756,127$678,641$944,936
57$1,133,522$746,789$654,987$966,231
58$1,201,292$735,532$629,079$988,604
59$1,274,466$722,215$600,796$1,012,185
60$1,353,550$706,692$570,011$1,037,120
61$1,439,096$688,804$536,590$1,063,575
62$1,531,714$668,386$500,396$1,091,735
63$1,632,072$645,260$461,283$1,121,808
64$1,740,907$619,242$419,100$1,154,027
65$1,859,028$590,132$373,688$1,188,653
66$1,987,324$557,724$324,881$1,225,978
67$2,126,775$521,796$272,508$1,266,329
68$2,278,457$482,115$216,389$1,310,072
69$2,443,555$438,434$156,333$1,357,615
70$2,623,373$390,493$92,146$1,409,413
71$2,819,346$338,016$23,621$1,465,974
72$3,033,052$280,712$0$1,527,864
73$3,266,230$218,273$0$1,603,639
74$3,520,791$150,374$0$1,690,626
75$3,798,842$76,673$0$1,785,862
76$4,102,701$0$0$1,890,254
77$4,434,919$0$0$2,006,324
78$4,798,306$0$0$2,173,054
79$5,195,955$0$0$2,355,597
80$5,631,274$0$0$2,555,527
81$6,108,014$0$0$2,774,579
82$6,630,305$0$0$3,014,664
83$7,202,697$0$0$3,277,886
84$7,830,200$0$0$3,566,561
85$8,518,332$0$0$3,883,243
86$9,273,172$0$0$4,230,742
87$10,101,413$0$0$4,612,156
88$11,010,430$0$0$5,030,895
89$12,008,345$0$0$5,490,717
90$13,104,105$0$0$5,995,761
91$14,307,566$0$0$6,550,587
92$15,629,585$0$0$7,160,217
93$17,082,124$0$0$7,830,186
94$18,678,359$0$0$8,566,590
95$20,432,807$0$0$9,376,146
96$22,361,460$0$0$10,266,253
97$24,481,937$0$0$11,245,064
98$26,813,650$0$0$12,321,560
99$29,377,987$0$0$13,505,638
100$32,198,511$0$0$14,808,202