Can I retire at age 51 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$52,520$52,052$51,596$51,151$50,716$50,502
2 years$26,000$25,516$25,047$24,592$24,150$23,935
3 years$17,161$16,675$16,207$15,756$15,322$15,111
4 years$12,743$12,258$11,794$11,351$10,928$10,723
5 years$10,092$9,610$9,153$8,719$8,307$8,109
6 years$8,326$7,848$7,397$6,973$6,573$6,382
7 years$7,065$6,590$6,147$5,733$5,346$5,162
8 years$6,119$5,649$5,213$4,809$4,435$4,258
9 years$5,384$4,919$4,490$4,096$3,735$3,566
10 years$4,796$4,335$3,914$3,531$3,182$3,020
11 years$4,316$3,860$3,446$3,073$2,737$2,582
12 years$3,916$3,464$3,058$2,695$2,372$2,223
13 years$3,578$3,131$2,733$2,380$2,068$1,927
14 years$3,288$2,846$2,455$2,112$1,813$1,678
15 years$3,037$2,600$2,217$1,884$1,596$1,468
16 years$2,818$2,385$2,010$1,687$1,411$1,289
17 years$2,624$2,197$1,829$1,516$1,251$1,135
18 years$2,453$2,030$1,669$1,366$1,112$1,002
19 years$2,299$1,881$1,528$1,234$991$887
20 years$2,162$1,748$1,403$1,118$885$787
21 years$2,037$1,628$1,290$1,014$792$699
22 years$1,924$1,520$1,189$922$710$622
23 years$1,821$1,422$1,098$840$638$554
24 years$1,726$1,332$1,015$766$573$494
25 years$1,640$1,250$940$700$516$441
26 years$1,560$1,175$872$640$465$395
27 years$1,486$1,106$810$586$419$353
28 years$1,418$1,042$753$537$378$316
29 years$1,354$983$701$492$341$283
30 years$1,295$928$653$452$308$254
31 years$1,239$877$608$415$279$228
32 years$1,188$830$568$381$252$204
33 years$1,139$786$530$350$228$183
34 years$1,093$745$495$322$207$165
35 years$1,051$707$463$297$187$148
36 years$1,010$671$433$273$170$133
37 years$972$637$405$252$154$119
38 years$936$605$380$232$139$107
39 years$902$576$356$214$126$97
40 years$870$548$333$197$115$87
41 years$839$521$313$182$104$78
42 years$810$497$293$168$94$70
43 years$782$473$275$155$86$63
44 years$756$451$258$143$78$57
45 years$731$430$243$132$71$51
46 years$707$410$228$122$64$46
47 years$684$392$214$113$58$41
48 years$662$374$201$104$53$37
49 years$641$357$189$96$48$34
50 years$621$341$178$89$44$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $636,000, adding $2,437 every year, while hoping to spend $41,588 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: 74/21/5 Blend
50$636,000$636,000$636,000$636,000
51$703,386$669,678$659,820$754,997
52$730,882$658,243$637,674$777,845
53$759,789$644,853$613,393$797,336
54$790,206$629,370$586,861$817,484
55$822,243$611,645$557,957$838,341
56$856,018$591,522$526,555$859,962
57$891,660$568,835$492,523$882,409
58$929,310$543,409$455,723$905,752
59$969,122$515,058$416,011$930,066
60$1,011,262$483,585$373,238$955,439
61$1,055,914$448,785$327,245$981,965
62$1,103,279$410,436$277,868$1,009,752
63$1,153,573$368,307$224,937$1,038,916
64$1,207,037$322,154$168,272$1,069,592
65$1,263,932$271,717$107,687$1,101,924
66$1,324,545$216,723$42,985$1,136,076
67$1,389,188$156,882$0$1,172,231
68$1,458,205$91,889$0$1,211,979
69$1,531,973$21,422$0$1,256,694
70$1,610,904$0$0$1,304,341
71$1,695,449$0$0$1,367,886
72$1,786,105$0$0$1,441,351
73$1,883,417$0$0$1,520,228
74$1,987,981$0$0$1,605,005
75$2,100,452$0$0$1,696,214
76$2,221,552$0$0$1,794,444
77$2,352,069$0$0$1,900,336
78$2,492,873$0$0$2,014,600
79$2,644,916$0$0$2,138,013
80$2,809,248$0$0$2,271,428
81$2,987,020$0$0$2,415,785
82$3,179,499$0$0$2,572,115
83$3,388,076$0$0$2,741,553
84$3,614,282$0$0$2,925,347
85$3,859,801$0$0$3,124,869
86$4,126,484$0$0$3,341,628
87$4,416,368$0$0$3,577,284
88$4,731,693$0$0$3,833,664
89$5,074,924$0$0$4,112,776
90$5,448,773$0$0$4,416,833
91$5,856,226$0$0$4,748,266
92$6,300,566$0$0$5,109,755
93$6,785,410$0$0$5,504,246
94$7,314,737$0$0$5,934,985
95$7,892,927$0$0$6,405,541
96$8,524,804$0$0$6,919,848
97$9,215,676$0$0$7,482,234
98$9,971,390$0$0$8,097,465
99$10,798,381$0$0$8,770,788
100$11,703,737$0$0$9,507,983