Can I retire at age 51 with 735,000?

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 $735,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$60,696$60,155$59,627$59,113$58,610$57,309
2 years$30,047$29,488$28,945$28,420$27,909$26,606
3 years$19,833$19,271$18,730$18,209$17,707$16,441
4 years$14,726$14,166$13,630$13,118$12,629$11,411
5 years$11,663$11,106$10,578$10,076$9,600$8,433
6 years$9,622$9,069$8,548$8,058$7,596$6,481
7 years$8,164$7,616$7,104$6,625$6,178$5,115
8 years$7,072$6,528$6,025$5,557$5,125$4,114
9 years$6,222$5,684$5,189$4,734$4,316$3,356
10 years$5,543$5,010$4,524$4,081$3,678$2,768
11 years$4,988$4,460$3,983$3,551$3,163$2,302
12 years$4,525$4,003$3,535$3,115$2,741$1,928
13 years$4,134$3,618$3,158$2,750$2,390$1,623
14 years$3,800$3,289$2,837$2,441$2,095$1,373
15 years$3,510$3,004$2,562$2,177$1,845$1,166
16 years$3,256$2,756$2,323$1,949$1,630$993
17 years$3,033$2,538$2,113$1,751$1,446$847
18 years$2,835$2,346$1,929$1,578$1,285$725
19 years$2,657$2,174$1,766$1,426$1,146$621
20 years$2,498$2,020$1,621$1,292$1,023$533
21 years$2,354$1,882$1,491$1,172$916$459
22 years$2,223$1,756$1,374$1,066$821$395
23 years$2,104$1,643$1,269$971$737$340
24 years$1,995$1,539$1,173$885$662$293
25 years$1,895$1,444$1,087$809$596$253
26 years$1,803$1,358$1,008$739$537$218
27 years$1,717$1,278$936$677$484$189
28 years$1,638$1,204$870$620$437$163
29 years$1,565$1,136$810$569$394$141
30 years$1,496$1,073$754$522$356$122
31 years$1,432$1,014$703$479$322$105
32 years$1,372$959$656$440$291$91
33 years$1,316$909$613$405$264$79
34 years$1,264$861$572$373$239$68
35 years$1,214$817$535$343$216$59
36 years$1,167$775$501$316$196$51
37 years$1,123$736$469$291$178$44
38 years$1,082$700$439$268$161$38
39 years$1,042$665$411$247$146$33
40 years$1,005$633$385$228$132$29
41 years$969$603$361$211$120$25
42 years$936$574$339$194$109$22
43 years$904$547$318$179$99$19
44 years$873$521$298$166$90$16
45 years$844$497$280$153$82$14
46 years$817$474$263$141$74$12
47 years$790$452$247$131$67$11
48 years$765$432$232$121$61$9
49 years$741$412$218$111$55$8
50 years$718$394$205$103$50$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $735,000, adding $3,973 every year, while hoping to spend $57,879 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: 68/17/15 Blend
50$735,000$735,000$735,000$735,000
51$814,068$775,113$763,721$866,313
52$835,520$751,511$727,722$878,031
53$857,221$724,812$688,579$883,624
54$879,134$694,804$646,122$888,277
55$901,218$661,262$600,180$891,893
56$923,425$623,947$550,569$894,365
57$945,702$582,608$497,100$895,579
58$967,985$536,978$439,575$895,410
59$990,205$486,775$377,787$893,722
60$1,012,282$431,703$311,518$890,370
61$1,034,123$371,445$240,543$885,195
62$1,055,629$305,671$164,625$878,023
63$1,076,682$234,028$83,520$868,669
64$1,097,155$156,146$0$856,930
65$1,116,901$71,634$0$843,071
66$1,135,758$0$0$840,664
67$1,153,544$0$0$839,841
68$1,170,055$0$0$851,440
69$1,185,064$0$0$861,889
70$1,198,317$0$0$870,996
71$1,209,532$0$0$878,551
72$1,218,395$0$0$884,315
73$1,224,554$0$0$888,027
74$1,227,620$0$0$889,392
75$1,227,162$0$0$888,086
76$1,222,697$0$0$883,749
77$1,213,694$0$0$875,979
78$1,199,561$0$0$864,332
79$1,179,641$0$0$848,316
80$1,153,208$0$0$827,385
81$1,119,455$0$0$800,933
82$1,077,492$0$0$768,292
83$1,026,329$0$0$728,720
84$964,875$0$0$681,397
85$891,918$0$0$625,415
86$806,122$0$0$559,769
87$706,006$0$0$483,351
88$589,935$0$0$394,932
89$456,099$0$0$293,156
90$302,502$0$0$176,525
91$126,933$0$0$43,381
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0