Can I retire at age 51 with 737,000?

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 $737,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$60,861$60,319$59,790$59,274$58,769$57,117
2 years$30,129$29,568$29,024$28,497$27,985$26,333
3 years$19,887$19,323$18,781$18,258$17,755$16,155
4 years$14,766$14,204$13,667$13,154$12,663$11,127
5 years$11,695$11,136$10,606$10,104$9,626$8,159
6 years$9,648$9,094$8,572$8,080$7,617$6,219
7 years$8,187$7,637$7,123$6,643$6,195$4,867
8 years$7,091$6,546$6,041$5,573$5,139$3,880
9 years$6,239$5,700$5,203$4,747$4,328$3,137
10 years$5,558$5,024$4,536$4,092$3,688$2,563
11 years$5,001$4,473$3,994$3,561$3,171$2,112
12 years$4,538$4,014$3,544$3,123$2,748$1,751
13 years$4,146$3,628$3,166$2,758$2,397$1,460
14 years$3,810$3,298$2,845$2,448$2,101$1,222
15 years$3,519$3,012$2,569$2,183$1,850$1,026
16 years$3,265$2,764$2,329$1,955$1,635$865
17 years$3,041$2,545$2,119$1,756$1,449$730
18 years$2,842$2,352$1,935$1,583$1,289$618
19 years$2,665$2,180$1,771$1,430$1,149$524
20 years$2,505$2,026$1,625$1,295$1,026$445
21 years$2,360$1,887$1,495$1,176$918$378
22 years$2,229$1,761$1,378$1,069$823$321
23 years$2,110$1,647$1,272$973$739$274
24 years$2,001$1,543$1,177$888$664$233
25 years$1,900$1,448$1,090$811$598$199
26 years$1,808$1,361$1,011$741$538$169
27 years$1,722$1,281$939$679$485$145
28 years$1,643$1,207$872$622$438$123
29 years$1,569$1,139$812$570$395$105
30 years$1,500$1,075$756$523$357$90
31 years$1,436$1,017$705$481$323$77
32 years$1,376$962$658$442$292$66
33 years$1,320$911$614$406$264$56
34 years$1,267$863$574$374$239$48
35 years$1,217$819$537$344$217$41
36 years$1,171$777$502$317$196$35
37 years$1,126$738$470$292$178$30
38 years$1,085$702$440$269$161$26
39 years$1,045$667$412$248$146$22
40 years$1,008$635$386$229$133$19
41 years$972$604$362$211$120$16
42 years$938$575$340$195$109$14
43 years$906$548$319$180$99$12
44 years$876$523$299$166$90$10
45 years$847$498$281$153$82$9
46 years$819$475$264$142$74$7
47 years$792$454$248$131$67$6
48 years$767$433$233$121$61$5
49 years$743$414$219$112$56$5
50 years$720$395$206$103$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $737,000, adding $3,486 every year, while hoping to spend $52,184 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$737,000$737,000$737,000$737,000
51$815,770$776,709$765,285$855,584
52$843,455$759,244$735,399$865,869
53$872,215$739,175$702,763$871,336
54$902,104$716,318$667,229$876,239
55$933,182$690,480$628,643$880,540
56$965,509$661,457$586,846$884,200
57$999,155$629,031$541,669$887,179
58$1,034,189$592,975$492,935$889,437
59$1,070,691$553,044$440,463$890,931
60$1,108,742$508,985$384,059$891,620
61$1,148,433$460,524$323,525$891,459
62$1,189,861$407,378$258,650$890,405
63$1,233,129$349,241$189,217$888,414
64$1,278,351$285,797$114,999$885,441
65$1,325,647$216,706$35,756$881,442
66$1,375,150$141,611$0$876,374
67$1,427,003$60,138$0$885,297
68$1,481,360$0$0$905,853
69$1,538,388$0$0$931,342
70$1,598,270$0$0$967,855
71$1,661,204$0$0$1,006,249
72$1,727,403$0$0$1,046,659
73$1,797,103$0$0$1,089,231
74$1,870,558$0$0$1,134,124
75$1,948,045$0$0$1,181,510
76$2,029,867$0$0$1,231,578
77$2,116,352$0$0$1,284,534
78$2,207,861$0$0$1,340,602
79$2,304,787$0$0$1,400,028
80$2,407,559$0$0$1,463,081
81$2,516,646$0$0$1,530,053
82$2,632,560$0$0$1,601,264
83$2,755,862$0$0$1,677,066
84$2,887,167$0$0$1,757,843
85$3,027,147$0$0$1,844,015
86$3,176,537$0$0$1,936,044
87$3,336,145$0$0$2,034,433
88$3,506,854$0$0$2,139,736
89$3,689,634$0$0$2,252,562
90$3,885,548$0$0$2,373,574
91$4,095,761$0$0$2,503,504
92$4,321,554$0$0$2,643,153
93$4,564,330$0$0$2,793,401
94$4,825,631$0$0$2,955,216
95$5,107,151$0$0$3,129,657
96$5,410,750$0$0$3,317,891
97$5,738,469$0$0$3,521,199
98$6,092,554$0$0$3,740,988
99$6,475,472$0$0$3,978,806
100$6,889,934$0$0$4,236,352