Can I retire at age 51 with 412,000?

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 $412,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$34,023$33,720$33,424$33,135$32,853$31,827
2 years$16,843$16,529$16,225$15,930$15,645$14,620
3 years$11,117$10,802$10,499$10,207$9,926$8,934
4 years$8,255$7,941$7,640$7,353$7,079$6,129
5 years$6,538$6,226$5,929$5,648$5,381$4,475
6 years$5,393$5,084$4,792$4,517$4,258$3,396
7 years$4,576$4,269$3,982$3,714$3,463$2,646
8 years$3,964$3,660$3,377$3,115$2,873$2,100
9 years$3,488$3,186$2,909$2,653$2,419$1,689
10 years$3,107$2,809$2,536$2,287$2,061$1,373
11 years$2,796$2,500$2,232$1,991$1,773$1,125
12 years$2,537$2,244$1,981$1,746$1,536$928
13 years$2,318$2,028$1,770$1,542$1,340$770
14 years$2,130$1,843$1,590$1,368$1,174$641
15 years$1,967$1,684$1,436$1,220$1,034$535
16 years$1,825$1,545$1,302$1,093$914$448
17 years$1,700$1,423$1,185$982$810$376
18 years$1,589$1,315$1,081$885$720$317
19 years$1,490$1,219$990$799$642$267
20 years$1,400$1,132$909$724$574$225
21 years$1,320$1,055$836$657$513$190
22 years$1,246$985$770$597$460$161
23 years$1,179$921$711$544$413$136
24 years$1,118$863$658$496$371$115
25 years$1,062$810$609$453$334$97
26 years$1,010$761$565$414$301$83
27 years$963$716$525$379$271$70
28 years$918$675$488$348$245$59
29 years$877$637$454$319$221$50
30 years$839$601$423$292$200$43
31 years$803$568$394$269$181$36
32 years$769$538$368$247$163$31
33 years$738$509$343$227$148$26
34 years$708$483$321$209$134$22
35 years$681$458$300$192$121$19
36 years$654$435$281$177$110$16
37 years$630$413$263$163$100$14
38 years$606$392$246$150$90$12
39 years$584$373$230$139$82$10
40 years$563$355$216$128$74$8
41 years$543$338$203$118$67$7
42 years$525$322$190$109$61$6
43 years$507$307$178$101$55$5
44 years$490$292$167$93$50$4
45 years$473$279$157$86$46$4
46 years$458$266$148$79$41$3
47 years$443$254$139$73$38$3
48 years$429$242$130$68$34$2
49 years$415$231$122$62$31$2
50 years$402$221$115$58$28$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $412,000, adding $3,915 every year, while hoping to spend $25,204 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: 65/19/16 Blend
50$412,000$412,000$412,000$412,000
51$458,062$436,226$429,840$485,806
52$477,968$430,785$417,423$499,424
53$499,059$424,231$403,745$511,033
54$521,430$416,486$388,738$523,102
55$545,184$407,462$372,329$535,678
56$570,434$397,069$354,443$548,811
57$597,303$385,210$335,002$562,556
58$625,927$371,784$313,923$576,977
59$656,452$356,682$291,120$592,144
60$689,042$339,791$266,504$608,136
61$723,873$320,989$239,981$625,040
62$761,140$300,150$211,452$642,954
63$801,056$277,138$180,816$661,987
64$843,856$251,809$147,965$682,260
65$889,796$224,014$112,788$703,909
66$939,157$193,593$75,169$727,085
67$992,249$160,378$34,985$751,956
68$1,049,412$124,189$0$778,708
69$1,111,017$84,840$0$808,897
70$1,177,476$42,131$0$847,868
71$1,249,236$0$0$889,922
72$1,326,794$0$0$936,236
73$1,410,691$0$0$995,886
74$1,501,526$0$0$1,060,491
75$1,599,955$0$0$1,130,522
76$1,706,700$0$0$1,206,494
77$1,822,554$0$0$1,288,976
78$1,948,392$0$0$1,378,593
79$2,085,173$0$0$1,476,032
80$2,233,953$0$0$1,582,051
81$2,395,897$0$0$1,697,480
82$2,572,282$0$0$1,823,235
83$2,764,517$0$0$1,960,325
84$2,974,150$0$0$2,109,859
85$3,202,887$0$0$2,273,056
86$3,452,604$0$0$2,451,262
87$3,725,368$0$0$2,645,955
88$4,023,452$0$0$2,858,763
89$4,349,362$0$0$3,091,480
90$4,705,852$0$0$3,346,079
91$5,095,960$0$0$3,624,734
92$5,523,027$0$0$3,929,839
93$5,990,734$0$0$4,264,029
94$6,503,135$0$0$4,630,207
95$7,064,693$0$0$5,031,570
96$7,680,324$0$0$5,471,637
97$8,355,443$0$0$5,954,287
98$9,096,014$0$0$6,483,790
99$9,908,605$0$0$7,064,851
100$10,800,451$0$0$7,702,651