Can I retire at age 51 with 409,000?

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 $409,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$33,775$33,474$33,180$32,894$32,614$32,087
2 years$16,720$16,409$16,107$15,814$15,531$15,001
3 years$11,036$10,723$10,422$10,132$9,853$9,338
4 years$8,195$7,883$7,585$7,300$7,027$6,530
5 years$6,490$6,180$5,886$5,607$5,342$4,864
6 years$5,354$5,047$4,757$4,484$4,227$3,769
7 years$4,543$4,238$3,953$3,687$3,438$3,000
8 years$3,935$3,633$3,352$3,093$2,852$2,434
9 years$3,462$3,163$2,887$2,634$2,402$2,003
10 years$3,085$2,788$2,517$2,271$2,046$1,667
11 years$2,776$2,482$2,216$1,976$1,760$1,400
12 years$2,518$2,228$1,967$1,733$1,525$1,184
13 years$2,301$2,013$1,757$1,530$1,330$1,007
14 years$2,114$1,830$1,579$1,358$1,166$860
15 years$1,953$1,672$1,426$1,211$1,026$738
16 years$1,812$1,534$1,292$1,085$907$635
17 years$1,688$1,413$1,176$975$804$548
18 years$1,577$1,305$1,074$878$715$474
19 years$1,479$1,210$983$794$638$411
20 years$1,390$1,124$902$719$569$357
21 years$1,310$1,047$830$652$510$310
22 years$1,237$977$765$593$457$270
23 years$1,171$914$706$540$410$235
24 years$1,110$856$653$493$369$205
25 years$1,054$804$605$450$332$179
26 years$1,003$755$561$411$299$157
27 years$956$711$521$377$269$137
28 years$912$670$484$345$243$120
29 years$871$632$451$316$219$105
30 years$833$597$420$290$198$92
31 years$797$564$391$267$179$80
32 years$764$534$365$245$162$70
33 years$732$506$341$225$147$62
34 years$703$479$318$207$133$54
35 years$676$454$298$191$120$47
36 years$650$431$279$176$109$42
37 years$625$410$261$162$99$36
38 years$602$389$244$149$90$32
39 years$580$370$229$138$81$28
40 years$559$352$214$127$74$25
41 years$539$335$201$117$67$22
42 years$521$319$189$108$61$19
43 years$503$304$177$100$55$17
44 years$486$290$166$92$50$15
45 years$470$277$156$85$45$13
46 years$454$264$146$79$41$11
47 years$440$252$138$73$37$10
48 years$426$240$129$67$34$9
49 years$412$230$122$62$31$8
50 years$399$219$114$57$28$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $409,000, adding $5,041 every year, while hoping to spend $30,533 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: 74/21/5 Blend
50$409,000$409,000$409,000$409,000
51$455,918$434,241$427,901$489,108
52$469,935$423,032$409,749$500,426
53$484,358$410,250$389,965$508,440
54$499,196$395,787$368,464$516,335
55$514,460$379,525$345,152$524,091
56$530,157$361,344$319,937$531,682
57$546,297$341,114$292,719$539,082
58$562,888$318,698$263,394$546,262
59$579,938$293,950$231,854$553,193
60$597,457$266,718$197,986$559,841
61$615,451$236,840$161,671$566,171
62$633,927$204,146$122,788$572,145
63$652,892$168,454$81,206$577,722
64$672,353$129,574$36,792$582,857
65$692,314$87,304$0$587,504
66$712,779$41,431$0$592,178
67$733,752$0$0$598,389
68$755,235$0$0$606,033
69$777,228$0$0$623,658
70$799,731$0$0$641,688
71$822,740$0$0$660,122
72$846,252$0$0$678,955
73$870,259$0$0$698,181
74$894,752$0$0$717,793
75$919,719$0$0$737,779
76$945,144$0$0$758,127
77$971,008$0$0$778,821
78$997,288$0$0$799,842
79$1,023,957$0$0$821,167
80$1,050,982$0$0$842,769
81$1,078,324$0$0$864,616
82$1,105,940$0$0$886,673
83$1,133,778$0$0$908,895
84$1,161,779$0$0$931,236
85$1,189,876$0$0$953,639
86$1,217,991$0$0$976,040
87$1,246,035$0$0$998,368
88$1,273,911$0$0$1,020,541
89$1,301,504$0$0$1,042,466
90$1,328,688$0$0$1,064,039
91$1,355,319$0$0$1,085,142
92$1,381,236$0$0$1,105,644
93$1,406,259$0$0$1,125,397
94$1,430,184$0$0$1,144,234
95$1,452,785$0$0$1,161,970
96$1,473,808$0$0$1,178,397
97$1,492,970$0$0$1,193,284
98$1,509,954$0$0$1,206,372
99$1,524,409$0$0$1,217,374
100$1,535,943$0$0$1,225,968