Can I retire at age 51 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$60,778$60,237$59,709$59,193$58,690$57,505
2 years$30,088$29,528$28,985$28,458$27,947$26,759
3 years$19,860$19,297$18,755$18,233$17,731$16,576
4 years$14,746$14,185$13,649$13,136$12,646$11,533
5 years$11,679$11,121$10,592$10,090$9,613$8,546
6 years$9,635$9,081$8,560$8,069$7,607$6,586
7 years$8,175$7,627$7,113$6,634$6,186$5,212
8 years$7,081$6,537$6,033$5,565$5,132$4,205
9 years$6,231$5,692$5,196$4,740$4,322$3,440
10 years$5,551$5,017$4,530$4,086$3,683$2,846
11 years$4,995$4,467$3,988$3,556$3,167$2,375
12 years$4,532$4,009$3,539$3,119$2,745$1,995
13 years$4,140$3,623$3,162$2,754$2,393$1,685
14 years$3,805$3,293$2,841$2,444$2,098$1,430
15 years$3,515$3,008$2,565$2,180$1,847$1,219
16 years$3,261$2,760$2,326$1,952$1,633$1,041
17 years$3,037$2,542$2,116$1,754$1,448$892
18 years$2,838$2,349$1,932$1,581$1,287$766
19 years$2,661$2,177$1,769$1,428$1,147$659
20 years$2,501$2,023$1,623$1,293$1,025$568
21 years$2,357$1,884$1,493$1,174$917$490
22 years$2,226$1,759$1,376$1,067$822$423
23 years$2,107$1,645$1,271$972$738$366
24 years$1,998$1,541$1,175$887$663$317
25 years$1,898$1,446$1,088$810$597$275
26 years$1,805$1,359$1,009$740$538$238
27 years$1,720$1,279$937$678$485$206
28 years$1,640$1,206$871$621$437$179
29 years$1,567$1,137$811$569$395$155
30 years$1,498$1,074$755$523$357$135
31 years$1,434$1,015$704$480$323$117
32 years$1,374$961$657$441$292$102
33 years$1,318$910$613$406$264$88
34 years$1,265$862$573$373$239$77
35 years$1,216$818$536$344$217$67
36 years$1,169$776$501$316$196$58
37 years$1,125$737$469$291$178$51
38 years$1,083$701$439$269$161$44
39 years$1,044$666$412$248$146$38
40 years$1,006$634$386$228$133$33
41 years$971$603$362$211$120$29
42 years$937$575$339$195$109$25
43 years$905$548$318$180$99$22
44 years$874$522$299$166$90$19
45 years$845$498$281$153$82$17
46 years$818$475$264$141$74$14
47 years$791$453$248$131$67$13
48 years$766$433$233$121$61$11
49 years$742$413$219$112$56$9
50 years$719$395$206$103$50$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $736,000, adding $3,226 every year, while hoping to spend $25,012 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: 57/14/29 Blend
50$736,000$736,000$736,000$736,000
51$814,400$775,392$763,984$854,160
52$870,856$786,773$762,964$893,225
53$932,232$797,874$761,073$932,904
54$999,004$808,655$758,253$975,649
55$1,071,695$819,071$754,447$1,021,765
56$1,150,881$829,078$749,594$1,071,588
57$1,237,194$838,626$743,629$1,125,490
58$1,331,332$847,663$736,485$1,183,881
59$1,434,063$856,134$728,092$1,247,214
60$1,546,230$863,978$718,376$1,315,989
61$1,668,765$871,131$707,260$1,390,757
62$1,802,690$877,527$694,664$1,472,128
63$1,949,131$883,094$680,503$1,560,772
64$2,109,331$887,754$664,688$1,657,433
65$2,284,655$891,426$647,127$1,762,928
66$2,476,607$894,023$627,724$1,878,160
67$2,686,845$895,454$606,376$2,004,127
68$2,917,192$895,620$582,978$2,141,929
69$3,169,657$894,417$557,420$2,292,778
70$3,446,453$891,735$529,585$2,458,015
71$3,750,018$887,456$499,352$2,639,116
72$4,083,035$881,457$466,596$2,837,711
73$4,448,461$873,604$431,183$3,055,600
74$4,849,553$863,760$392,976$3,294,765
75$5,289,897$851,774$351,831$3,557,394
76$5,773,446$837,490$307,597$3,845,903
77$6,304,552$820,742$260,116$4,162,954
78$6,888,011$801,353$209,224$4,511,483
79$7,529,105$779,136$154,750$4,894,731
80$8,233,654$753,894$96,514$5,316,269
81$9,008,069$725,417$34,330$5,780,040
82$9,859,414$693,484$0$6,290,388
83$10,795,470$657,861$0$6,862,019
84$11,824,812$618,300$0$7,502,287
85$12,956,885$574,538$0$8,206,451
86$14,202,096$526,300$0$8,981,009
87$15,571,913$473,292$0$9,833,120
88$17,078,969$415,204$0$10,770,672
89$18,737,184$351,709$0$11,802,363
90$20,561,896$282,463$0$12,937,774
91$22,570,005$207,099$0$14,187,467
92$24,780,131$125,232$0$15,563,080
93$27,212,792$36,456$0$17,077,442
94$29,890,594$0$0$18,744,688
95$32,838,448$0$0$20,589,590
96$36,083,802$0$0$22,626,944
97$39,656,901$0$0$24,870,130
98$43,591,071$0$0$27,340,081
99$47,923,035$0$0$30,059,863
100$52,693,259$0$0$33,054,892