Can I retire at age 51 with 410,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$33,857$33,556$33,262$32,974$32,694$32,008
2 years$16,761$16,449$16,146$15,853$15,569$14,880
3 years$11,063$10,750$10,448$10,157$9,877$9,209
4 years$8,215$7,902$7,603$7,318$7,045$6,401
5 years$6,506$6,195$5,900$5,621$5,355$4,738
6 years$5,367$5,059$4,768$4,495$4,237$3,647
7 years$4,554$4,248$3,963$3,696$3,446$2,883
8 years$3,945$3,642$3,361$3,100$2,859$2,323
9 years$3,471$3,171$2,894$2,641$2,408$1,899
10 years$3,092$2,795$2,523$2,276$2,051$1,569
11 years$2,782$2,488$2,222$1,981$1,764$1,307
12 years$2,524$2,233$1,972$1,738$1,529$1,097
13 years$2,306$2,018$1,762$1,534$1,333$925
14 years$2,120$1,834$1,583$1,362$1,169$784
15 years$1,958$1,676$1,429$1,214$1,029$667
16 years$1,816$1,538$1,296$1,087$909$569
17 years$1,692$1,416$1,179$977$806$487
18 years$1,581$1,308$1,076$880$717$418
19 years$1,482$1,213$985$796$639$359
20 years$1,393$1,127$904$721$571$309
21 years$1,313$1,050$832$654$511$266
22 years$1,240$980$767$595$458$229
23 years$1,174$916$708$542$411$198
24 years$1,113$859$655$494$369$171
25 years$1,057$806$606$451$332$148
26 years$1,006$757$562$412$299$128
27 years$958$713$522$377$270$111
28 years$914$672$485$346$244$96
29 years$873$634$452$317$220$83
30 years$835$598$421$291$199$72
31 years$799$566$392$267$180$63
32 years$766$535$366$246$163$54
33 years$734$507$342$226$147$47
34 years$705$480$319$208$133$41
35 years$677$456$298$191$121$35
36 years$651$432$279$176$109$31
37 years$627$411$261$162$99$27
38 years$603$390$245$150$90$23
39 years$581$371$229$138$81$20
40 years$561$353$215$127$74$17
41 years$541$336$202$117$67$15
42 years$522$320$189$108$61$13
43 years$504$305$177$100$55$11
44 years$487$291$167$92$50$10
45 years$471$277$156$85$45$9
46 years$455$264$147$79$41$8
47 years$441$252$138$73$37$7
48 years$427$241$130$67$34$6
49 years$413$230$122$62$31$5
50 years$400$220$115$57$28$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $410,000, adding $4,479 every year, while hoping to spend $27,331 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: 44/34/22 Blend
50$410,000$410,000$410,000$410,000
51$456,440$434,710$428,355$473,439
52$473,917$426,931$413,625$478,112
53$492,261$417,855$397,485$480,163
54$511,530$407,389$379,860$481,831
55$531,791$395,435$360,670$483,095
56$553,113$381,891$339,832$483,934
57$575,572$366,645$317,258$484,326
58$599,253$349,583$292,859$484,249
59$624,246$330,582$266,539$483,683
60$650,650$309,512$238,199$482,605
61$678,574$286,235$207,736$480,997
62$708,134$260,606$175,041$478,839
63$739,461$232,473$140,002$476,114
64$772,694$201,673$102,500$472,805
65$807,989$168,034$62,413$468,898
66$845,512$131,376$19,613$464,381
67$885,449$91,508$0$459,245
68$928,000$48,228$0$459,601
69$973,388$1,323$0$464,641
70$1,021,853$0$0$469,792
71$1,073,660$0$0$493,593
72$1,129,101$0$0$519,624
73$1,188,493$0$0$547,545
74$1,252,186$0$0$577,524
75$1,320,564$0$0$609,745
76$1,394,047$0$0$644,412
77$1,473,096$0$0$681,749
78$1,558,220$0$0$721,999
79$1,649,975$0$0$765,432
80$1,748,973$0$0$812,344
81$1,855,885$0$0$863,059
82$1,971,451$0$0$917,935
83$2,096,482$0$0$977,364
84$2,231,870$0$0$1,041,776
85$2,378,597$0$0$1,111,648
86$2,537,740$0$0$1,187,501
87$2,710,487$0$0$1,269,908
88$2,898,141$0$0$1,359,500
89$3,102,139$0$0$1,456,974
90$3,324,059$0$0$1,563,092
91$3,565,638$0$0$1,678,695
92$3,828,787$0$0$1,804,709
93$4,115,610$0$0$1,942,153
94$4,428,423$0$0$2,092,146
95$4,769,772$0$0$2,255,924
96$5,142,464$0$0$2,434,844
97$5,549,584$0$0$2,630,401
98$5,994,532$0$0$2,844,242
99$6,481,049$0$0$3,078,180
100$7,013,257$0$0$3,334,210