Can I retire at age 51 with 635,000?

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 $635,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$52,438$51,971$51,515$51,070$50,636$50,065
2 years$25,959$25,476$25,007$24,553$24,112$23,538
3 years$17,134$16,649$16,181$15,731$15,298$14,738
4 years$12,723$12,239$11,776$11,334$10,911$10,369
5 years$10,076$9,595$9,139$8,705$8,294$7,772
6 years$8,313$7,835$7,385$6,962$6,563$6,061
7 years$7,053$6,580$6,137$5,724$5,337$4,857
8 years$6,110$5,640$5,205$4,801$4,428$3,968
9 years$5,376$4,911$4,483$4,090$3,729$3,289
10 years$4,789$4,329$3,908$3,525$3,177$2,758
11 years$4,309$3,854$3,441$3,068$2,732$2,333
12 years$3,910$3,459$3,054$2,691$2,368$1,988
13 years$3,572$3,126$2,728$2,376$2,065$1,704
14 years$3,283$2,841$2,451$2,109$1,810$1,468
15 years$3,032$2,595$2,213$1,881$1,594$1,269
16 years$2,813$2,381$2,007$1,684$1,409$1,101
17 years$2,620$2,193$1,826$1,513$1,249$959
18 years$2,449$2,027$1,667$1,364$1,110$836
19 years$2,296$1,878$1,526$1,232$990$731
20 years$2,158$1,745$1,400$1,116$884$641
21 years$2,034$1,626$1,288$1,013$791$562
22 years$1,921$1,517$1,187$921$709$494
23 years$1,818$1,419$1,096$839$637$434
24 years$1,724$1,330$1,014$765$572$382
25 years$1,637$1,248$939$699$515$337
26 years$1,557$1,173$871$639$464$297
27 years$1,484$1,104$809$585$418$262
28 years$1,415$1,040$752$536$377$232
29 years$1,352$981$700$491$341$205
30 years$1,293$927$652$451$308$181
31 years$1,237$876$607$414$278$160
32 years$1,186$829$567$381$252$142
33 years$1,137$785$529$350$228$125
34 years$1,092$744$494$322$206$111
35 years$1,049$706$462$296$187$98
36 years$1,009$670$432$273$169$87
37 years$970$636$405$251$153$77
38 years$934$605$379$232$139$68
39 years$900$575$355$214$126$61
40 years$868$547$333$197$114$54
41 years$838$521$312$182$104$48
42 years$808$496$293$168$94$42
43 years$781$472$275$155$85$37
44 years$754$450$258$143$78$33
45 years$729$429$242$132$70$29
46 years$705$410$227$122$64$26
47 years$683$391$214$113$58$23
48 years$661$373$201$104$53$21
49 years$640$356$189$96$48$18
50 years$620$340$177$89$44$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $635,000, adding $4,451 every year, while hoping to spend $21,622 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: 34/36/30 Blend
50$635,000$635,000$635,000$635,000
51$704,361$670,706$660,864$721,810
52$753,200$680,565$659,997$745,285
53$806,297$690,183$658,377$768,353
54$864,061$699,524$655,954$792,820
55$926,946$708,551$652,680$818,824
56$995,451$717,226$648,501$846,521
57$1,070,122$725,506$643,361$876,083
58$1,151,564$733,345$637,202$907,701
59$1,240,439$740,695$629,965$941,587
60$1,337,480$747,505$621,585$977,976
61$1,443,490$753,720$611,995$1,017,127
62$1,559,355$759,281$601,126$1,059,330
63$1,686,050$764,127$588,905$1,104,902
64$1,824,649$768,191$575,254$1,154,198
65$1,976,334$771,402$560,096$1,207,610
66$2,142,405$773,686$543,345$1,265,570
67$2,324,298$774,964$524,914$1,328,560
68$2,523,589$775,150$504,711$1,397,109
69$2,742,018$774,155$482,642$1,471,805
70$2,981,499$771,884$458,605$1,553,300
71$3,244,140$768,235$432,497$1,642,313
72$3,532,264$763,101$404,208$1,739,639
73$3,848,430$756,367$373,623$1,846,158
74$4,195,454$747,914$340,625$1,962,844
75$4,576,442$737,613$305,086$2,090,773
76$4,994,811$725,328$266,879$2,231,135
77$5,454,328$710,915$225,866$2,385,243
78$5,959,143$694,223$181,905$2,554,552
79$6,513,825$675,090$134,849$2,740,666
80$7,123,411$653,345$84,542$2,945,361
81$7,793,448$628,808$30,823$3,170,596
82$8,530,047$601,287$0$3,418,537
83$9,339,942$570,580$0$3,700,060
84$10,230,550$536,473$0$4,020,404
85$11,210,046$498,740$0$4,372,667
86$12,287,434$457,141$0$4,760,134
87$13,472,634$411,423$0$5,186,425
88$14,776,580$361,320$0$5,655,535
89$16,211,315$306,548$0$6,171,870
90$17,790,110$246,810$0$6,740,287
91$19,527,587$181,789$0$7,366,148
92$21,439,857$111,154$0$8,055,361
93$23,544,674$34,551$0$8,814,445
94$25,861,597$0$0$9,650,588
95$28,412,181$0$0$10,590,886
96$31,220,174$0$0$11,641,265
97$34,311,746$0$0$12,797,842
98$37,715,732$0$0$14,071,417
99$41,463,907$0$0$15,473,896
100$45,591,282$0$0$17,018,395