Can I retire at age 51 with 411,000?

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 $411,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$33,940$33,638$33,343$33,055$32,774$32,554
2 years$16,802$16,489$16,186$15,892$15,607$15,384
3 years$11,090$10,776$10,473$10,182$9,901$9,684
4 years$8,235$7,921$7,622$7,336$7,062$6,851
5 years$6,522$6,210$5,915$5,634$5,368$5,165
6 years$5,380$5,071$4,780$4,506$4,248$4,052
7 years$4,565$4,259$3,972$3,705$3,455$3,267
8 years$3,954$3,651$3,369$3,108$2,866$2,686
9 years$3,479$3,179$2,902$2,647$2,413$2,241
10 years$3,100$2,802$2,530$2,282$2,056$1,891
11 years$2,789$2,494$2,227$1,986$1,769$1,611
12 years$2,531$2,239$1,976$1,742$1,533$1,382
13 years$2,312$2,023$1,766$1,538$1,336$1,193
14 years$2,125$1,839$1,587$1,365$1,172$1,035
15 years$1,963$1,680$1,432$1,217$1,032$902
16 years$1,821$1,541$1,299$1,090$912$788
17 years$1,696$1,419$1,182$979$808$692
18 years$1,585$1,312$1,079$883$719$608
19 years$1,486$1,216$988$798$641$536
20 years$1,397$1,130$906$722$572$473
21 years$1,316$1,052$834$656$512$419
22 years$1,243$982$768$596$459$371
23 years$1,177$919$709$543$412$329
24 years$1,116$861$656$495$370$292
25 years$1,060$808$608$452$333$260
26 years$1,008$759$564$413$300$231
27 years$960$714$523$378$271$206
28 years$916$673$487$347$244$183
29 years$875$635$453$318$221$163
30 years$837$600$422$292$199$146
31 years$801$567$393$268$180$130
32 years$767$536$367$246$163$116
33 years$736$508$343$226$147$104
34 years$707$482$320$208$134$93
35 years$679$457$299$192$121$83
36 years$653$433$280$177$110$74
37 years$628$412$262$163$99$66
38 years$605$391$245$150$90$59
39 years$583$372$230$138$82$53
40 years$562$354$215$128$74$47
41 years$542$337$202$118$67$42
42 years$523$321$190$109$61$38
43 years$505$306$178$100$55$34
44 years$488$291$167$93$50$30
45 years$472$278$157$86$46$27
46 years$457$265$147$79$41$24
47 years$442$253$138$73$38$22
48 years$428$242$130$67$34$20
49 years$414$231$122$62$31$18
50 years$401$220$115$58$28$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $411,000, adding $6,483 every year, while hoping to spend $23,280 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: 39/39/22 Blend
50$411,000$411,000$411,000$411,000
51$459,609$437,826$431,456$474,307
52$481,720$434,510$421,140$482,192
53$505,305$430,251$409,698$488,036
54$530,491$424,978$397,068$493,885
55$557,416$418,617$383,185$499,753
56$586,232$411,088$367,980$505,657
57$617,103$402,307$351,383$511,617
58$650,211$392,184$333,318$517,658
59$685,757$380,626$313,709$523,810
60$723,960$367,531$292,473$530,107
61$765,059$352,796$269,526$536,591
62$809,318$336,306$244,779$543,308
63$857,028$317,945$218,139$550,315
64$908,507$297,586$189,508$557,673
65$964,105$275,098$158,787$565,458
66$1,024,206$250,340$125,869$573,752
67$1,089,233$223,165$90,643$582,652
68$1,159,650$193,415$52,995$592,268
69$1,235,968$160,927$12,805$602,723
70$1,318,749$125,524$0$614,160
71$1,408,610$87,023$0$633,801
72$1,506,230$45,229$0$658,431
73$1,612,357$0$0$685,278
74$1,727,812$0$0$714,635
75$1,853,499$0$0$767,773
76$1,990,415$0$0$825,708
77$2,139,653$0$0$888,911
78$2,302,420$0$0$957,899
79$2,480,041$0$0$1,033,241
80$2,673,977$0$0$1,115,563
81$2,885,835$0$0$1,205,555
82$3,117,384$0$0$1,303,976
83$3,370,574$0$0$1,411,664
84$3,647,547$0$0$1,529,538
85$3,950,668$0$0$1,658,613
86$4,282,535$0$0$1,800,005
87$4,646,013$0$0$1,954,943
88$5,044,255$0$0$2,124,782
89$5,480,735$0$0$2,311,014
90$5,959,278$0$0$2,515,281
91$6,484,097$0$0$2,739,391
92$7,059,832$0$0$2,985,340
93$7,691,595$0$0$3,255,320
94$8,385,014$0$0$3,551,751
95$9,146,292$0$0$3,877,296
96$9,982,259$0$0$4,234,890
97$10,900,441$0$0$4,627,765
98$11,909,128$0$0$5,059,482
99$13,017,450$0$0$5,533,964
100$14,235,470$0$0$6,055,533