Can I retire at age 51 with 536,000?

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 $536,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$44,262$43,868$43,483$43,108$42,741$41,674
2 years$21,912$21,504$21,108$20,725$20,353$19,285
3 years$14,463$14,053$13,659$13,279$12,913$11,877
4 years$10,739$10,331$9,940$9,567$9,210$8,214
5 years$8,505$8,099$7,714$7,348$7,001$6,048
6 years$7,017$6,614$6,234$5,876$5,540$4,630
7 years$5,954$5,554$5,180$4,831$4,505$3,640
8 years$5,157$4,761$4,393$4,053$3,737$2,916
9 years$4,538$4,145$3,784$3,452$3,147$2,369
10 years$4,042$3,654$3,299$2,976$2,682$1,945
11 years$3,637$3,253$2,904$2,590$2,306$1,611
12 years$3,300$2,920$2,578$2,272$1,999$1,343
13 years$3,015$2,638$2,303$2,005$1,743$1,125
14 years$2,771$2,398$2,069$1,780$1,528$947
15 years$2,559$2,191$1,868$1,588$1,345$800
16 years$2,375$2,010$1,694$1,422$1,189$678
17 years$2,212$1,851$1,541$1,277$1,054$576
18 years$2,067$1,711$1,407$1,151$937$490
19 years$1,938$1,585$1,288$1,040$835$418
20 years$1,822$1,473$1,182$942$746$357
21 years$1,717$1,372$1,087$855$668$305
22 years$1,621$1,281$1,002$777$599$261
23 years$1,534$1,198$925$708$537$224
24 years$1,455$1,122$856$646$483$192
25 years$1,382$1,053$793$590$435$165
26 years$1,315$990$735$539$391$141
27 years$1,252$932$683$494$353$121
28 years$1,195$878$635$452$318$104
29 years$1,141$828$590$415$288$90
30 years$1,091$782$550$381$260$77
31 years$1,044$739$513$349$235$66
32 years$1,001$700$478$321$212$57
33 years$960$663$447$295$192$49
34 years$921$628$417$272$174$42
35 years$885$596$390$250$158$36
36 years$851$565$365$230$143$31
37 years$819$537$342$212$130$27
38 years$789$510$320$196$117$23
39 years$760$485$300$180$106$20
40 years$733$462$281$166$97$17
41 years$707$439$263$154$88$15
42 years$682$419$247$142$79$13
43 years$659$399$232$131$72$11
44 years$637$380$218$121$65$9
45 years$616$362$204$112$59$8
46 years$595$346$192$103$54$7
47 years$576$330$180$95$49$6
48 years$558$315$169$88$45$5
49 years$540$301$159$81$40$4
50 years$523$287$150$75$37$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $536,000, adding $6,378 every year, while hoping to spend $33,322 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: 57/35/8 Blend
50$536,000$536,000$536,000$536,000
51$597,251$568,843$560,535$629,840
52$622,716$561,262$543,858$644,951
53$649,662$552,193$525,507$657,117
54$678,204$541,527$505,388$669,556
55$708,470$529,150$483,407$682,298
56$740,597$514,941$459,464$695,377
57$774,736$498,772$433,455$708,833
58$811,053$480,506$405,270$722,710
59$849,730$460,000$374,795$737,061
60$890,964$437,102$341,913$751,944
61$934,973$411,650$306,497$767,427
62$981,994$383,475$268,418$783,585
63$1,032,288$352,396$227,541$800,505
64$1,086,142$318,223$183,724$818,286
65$1,143,868$280,756$136,819$837,038
66$1,205,811$239,782$86,670$856,887
67$1,272,347$195,075$33,118$877,974
68$1,343,893$146,400$0$900,459
69$1,420,901$93,505$0$926,572
70$1,503,873$36,126$0$957,614
71$1,593,355$0$0$990,997
72$1,689,952$0$0$1,037,011
73$1,794,325$0$0$1,101,800
74$1,907,202$0$0$1,171,906
75$2,029,382$0$0$1,247,831
76$2,161,746$0$0$1,330,126
77$2,305,261$0$0$1,419,399
78$2,460,988$0$0$1,516,316
79$2,630,099$0$0$1,621,611
80$2,813,878$0$0$1,736,091
81$3,013,742$0$0$1,860,643
82$3,231,246$0$0$1,996,246
83$3,468,104$0$0$2,143,973
84$3,726,201$0$0$2,305,007
85$4,007,610$0$0$2,480,652
86$4,314,616$0$0$2,672,338
87$4,649,730$0$0$2,881,645
88$5,015,719$0$0$3,110,307
89$5,415,628$0$0$3,360,238
90$5,852,809$0$0$3,633,541
91$6,330,954$0$0$3,932,533
92$6,854,126$0$0$4,259,766
93$7,426,800$0$0$4,618,049
94$8,053,903$0$0$5,010,477
95$8,740,863$0$0$5,440,456
96$9,493,655$0$0$5,911,739
97$10,318,859$0$0$6,428,457
98$11,223,726$0$0$6,995,164
99$12,216,238$0$0$7,616,870
100$13,305,188$0$0$8,299,099