Can I retire at age 51 with 725,000?

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 $725,000?

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$59,870$59,337$58,816$58,308$57,813$56,996
2 years$29,639$29,087$28,552$28,033$27,530$26,708
3 years$19,563$19,008$18,475$17,961$17,466$16,666
4 years$14,526$13,973$13,445$12,940$12,457$11,684
5 years$11,504$10,955$10,434$9,939$9,470$8,726
6 years$9,491$8,946$8,432$7,948$7,493$6,779
7 years$8,053$7,513$7,007$6,535$6,094$5,411
8 years$6,975$6,440$5,943$5,482$5,055$4,403
9 years$6,138$5,607$5,118$4,669$4,257$3,635
10 years$5,468$4,942$4,462$4,025$3,627$3,035
11 years$4,920$4,400$3,929$3,503$3,120$2,556
12 years$4,464$3,949$3,486$3,073$2,704$2,168
13 years$4,078$3,569$3,115$2,713$2,358$1,850
14 years$3,748$3,244$2,799$2,408$2,067$1,586
15 years$3,462$2,963$2,527$2,147$1,820$1,365
16 years$3,212$2,719$2,291$1,923$1,608$1,179
17 years$2,992$2,504$2,085$1,728$1,426$1,021
18 years$2,796$2,314$1,903$1,557$1,268$886
19 years$2,621$2,144$1,742$1,407$1,130$771
20 years$2,464$1,993$1,599$1,274$1,009$672
21 years$2,322$1,856$1,471$1,156$903$586
22 years$2,193$1,733$1,355$1,051$810$512
23 years$2,076$1,620$1,252$958$727$448
24 years$1,968$1,518$1,157$873$653$393
25 years$1,869$1,425$1,072$798$588$344
26 years$1,778$1,339$994$729$530$302
27 years$1,694$1,260$923$668$477$265
28 years$1,616$1,188$858$612$431$233
29 years$1,543$1,120$799$561$389$204
30 years$1,476$1,058$744$515$351$180
31 years$1,413$1,000$694$473$318$158
32 years$1,354$946$647$434$287$139
33 years$1,298$896$604$400$260$122
34 years$1,246$849$565$368$236$108
35 years$1,198$806$528$338$213$95
36 years$1,151$765$494$312$193$83
37 years$1,108$726$462$287$175$74
38 years$1,067$690$433$265$159$65
39 years$1,028$656$405$244$144$57
40 years$991$624$380$225$131$50
41 years$956$594$356$208$119$44
42 years$923$566$334$192$108$39
43 years$891$539$314$177$98$34
44 years$861$514$294$163$89$30
45 years$833$490$276$151$80$27
46 years$805$468$260$139$73$24
47 years$779$446$244$129$66$21
48 years$754$426$229$119$60$18
49 years$731$407$215$110$55$16
50 years$708$389$203$102$50$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $725,000, adding $4,273 every year, while hoping to spend $53,390 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: 66/12/22 Blend
50$725,000$725,000$725,000$725,000
51$803,358$764,933$753,695$851,600
52$828,494$745,608$722,137$865,206
53$854,404$723,547$687,733$873,596
54$881,111$698,559$650,330$881,520
55$908,639$670,442$609,771$888,933
56$937,011$638,985$565,889$895,790
57$966,251$603,959$518,511$902,038
58$996,383$565,129$467,456$907,626
59$1,027,434$522,240$412,535$912,498
60$1,059,429$475,026$353,552$916,593
61$1,092,394$423,205$290,299$919,849
62$1,126,356$366,480$222,562$922,199
63$1,161,342$304,535$150,115$923,571
64$1,197,379$237,038$72,725$923,892
65$1,234,496$163,637$0$923,082
66$1,272,721$83,962$0$923,371
67$1,312,083$0$0$940,726
68$1,352,610$0$0$958,338
69$1,394,332$0$0$987,882
70$1,437,278$0$0$1,018,290
71$1,481,477$0$0$1,049,584
72$1,526,959$0$0$1,081,785
73$1,573,752$0$0$1,114,911
74$1,621,886$0$0$1,148,984
75$1,671,390$0$0$1,184,024
76$1,722,292$0$0$1,220,050
77$1,774,618$0$0$1,257,081
78$1,828,397$0$0$1,295,136
79$1,883,653$0$0$1,334,232
80$1,940,411$0$0$1,374,386
81$1,998,694$0$0$1,415,613
82$2,058,523$0$0$1,457,929
83$2,119,918$0$0$1,501,345
84$2,182,895$0$0$1,545,874
85$2,247,468$0$0$1,591,523
86$2,313,648$0$0$1,638,299
87$2,381,442$0$0$1,686,206
88$2,450,852$0$0$1,735,245
89$2,521,878$0$0$1,785,413
90$2,594,510$0$0$1,836,703
91$2,668,736$0$0$1,889,103
92$2,744,536$0$0$1,942,598
93$2,821,879$0$0$1,997,165
94$2,900,730$0$0$2,052,774
95$2,981,041$0$0$2,109,391
96$3,062,754$0$0$2,166,971
97$3,145,797$0$0$2,225,459
98$3,230,085$0$0$2,284,794
99$3,315,519$0$0$2,344,900
100$3,401,979$0$0$2,405,688