Can I retire at age 51 with 685,000?

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 $685,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$56,567$56,063$55,571$55,091$54,623$53,851
2 years$28,003$27,482$26,976$26,486$26,011$25,235
3 years$18,483$17,960$17,455$16,970$16,502$15,746
4 years$13,724$13,202$12,703$12,226$11,770$11,039
5 years$10,870$10,351$9,858$9,391$8,947$8,244
6 years$8,967$8,452$7,967$7,510$7,080$6,405
7 years$7,609$7,098$6,620$6,174$5,758$5,112
8 years$6,591$6,084$5,615$5,179$4,776$4,160
9 years$5,799$5,298$4,836$4,412$4,022$3,434
10 years$5,166$4,670$4,216$3,803$3,427$2,867
11 years$4,649$4,157$3,712$3,310$2,948$2,415
12 years$4,218$3,731$3,294$2,903$2,554$2,049
13 years$3,853$3,372$2,943$2,563$2,227$1,748
14 years$3,541$3,065$2,644$2,275$1,953$1,499
15 years$3,271$2,800$2,387$2,029$1,719$1,290
16 years$3,035$2,569$2,165$1,817$1,519$1,114
17 years$2,827$2,366$1,970$1,632$1,347$965
18 years$2,642$2,186$1,798$1,471$1,198$837
19 years$2,477$2,026$1,646$1,329$1,068$728
20 years$2,328$1,883$1,511$1,204$954$635
21 years$2,194$1,754$1,390$1,093$853$554
22 years$2,072$1,637$1,281$993$765$484
23 years$1,961$1,531$1,182$905$687$424
24 years$1,859$1,434$1,094$825$617$371
25 years$1,766$1,346$1,013$754$555$325
26 years$1,680$1,265$939$689$500$285
27 years$1,600$1,191$872$631$451$250
28 years$1,527$1,122$811$578$407$220
29 years$1,458$1,058$755$530$368$193
30 years$1,394$1,000$703$486$332$170
31 years$1,335$945$655$447$300$149
32 years$1,279$894$611$410$272$131
33 years$1,227$847$571$377$246$116
34 years$1,178$803$533$347$223$102
35 years$1,131$761$499$320$202$90
36 years$1,088$722$467$294$183$79
37 years$1,047$686$437$271$166$69
38 years$1,008$652$409$250$150$61
39 years$971$620$383$231$136$54
40 years$937$590$359$213$123$47
41 years$903$562$337$196$112$42
42 years$872$535$316$181$102$37
43 years$842$510$296$167$92$33
44 years$814$486$278$154$84$29
45 years$787$463$261$143$76$25
46 years$761$442$245$132$69$22
47 years$736$422$230$122$63$20
48 years$713$403$217$112$57$17
49 years$690$384$204$104$52$15
50 years$669$367$191$96$47$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $685,000, adding $3,811 every year, while hoping to spend $41,296 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: 35/50/15 Blend
50$685,000$685,000$685,000$685,000
51$758,801$722,496$711,879$781,721
52$792,260$713,960$691,788$790,157
53$827,748$703,621$669,640$795,079
54$865,428$691,348$645,323$799,498
55$905,479$677,001$618,718$803,392
56$948,095$660,432$589,703$806,740
57$993,492$641,485$558,149$809,522
58$1,041,903$619,992$523,922$811,721
59$1,093,585$595,780$486,881$813,322
60$1,148,819$568,661$446,880$814,313
61$1,207,913$538,439$403,764$814,686
62$1,271,204$504,908$357,375$814,438
63$1,339,064$467,845$307,544$813,570
64$1,411,899$427,020$254,098$812,091
65$1,490,156$382,186$196,852$810,016
66$1,574,322$333,084$135,618$807,367
67$1,664,938$279,440$70,195$804,178
68$1,762,592$220,963$377$800,492
69$1,867,933$157,347$0$796,366
70$1,981,674$88,269$0$803,733
71$2,104,598$13,388$0$811,653
72$2,237,566$0$0$820,206
73$2,381,522$0$0$866,783
74$2,537,507$0$0$925,316
75$2,706,665$0$0$988,877
76$2,890,252$0$0$1,057,952
77$3,089,651$0$0$1,133,070
78$3,306,384$0$0$1,214,818
79$3,542,124$0$0$1,303,838
80$3,798,711$0$0$1,400,840
81$4,078,172$0$0$1,506,602
82$4,382,736$0$0$1,621,982
83$4,714,855$0$0$1,747,925
84$5,077,232$0$0$1,885,470
85$5,472,836$0$0$2,035,760
86$5,904,941$0$0$2,200,057
87$6,377,147$0$0$2,379,747
88$6,893,420$0$0$2,576,356
89$7,458,126$0$0$2,791,566
90$8,076,071$0$0$3,027,229
91$8,752,550$0$0$3,285,384
92$9,493,390$0$0$3,568,276
93$10,305,010$0$0$3,878,378
94$11,194,479$0$0$4,218,414
95$12,169,582$0$0$4,591,383
96$13,238,893$0$0$5,000,590
97$14,411,857$0$0$5,449,674
98$15,698,875$0$0$5,942,644
99$17,111,404$0$0$6,483,916
100$18,662,066$0$0$7,078,354