Can I retire at age 51 with 425,000?

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 $425,000?

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$35,096$34,783$34,478$34,181$33,890$33,662
2 years$17,374$17,051$16,737$16,433$16,138$15,909
3 years$11,468$11,143$10,830$10,529$10,239$10,014
4 years$8,515$8,191$7,881$7,585$7,302$7,085
5 years$6,744$6,422$6,116$5,826$5,551$5,341
6 years$5,564$5,244$4,943$4,659$4,392$4,190
7 years$4,721$4,404$4,108$3,831$3,572$3,378
8 years$4,089$3,775$3,484$3,213$2,963$2,777
9 years$3,598$3,287$3,000$2,737$2,496$2,317
10 years$3,205$2,897$2,616$2,359$2,126$1,956
11 years$2,884$2,579$2,303$2,053$1,829$1,666
12 years$2,617$2,315$2,044$1,801$1,585$1,429
13 years$2,391$2,092$1,826$1,590$1,382$1,234
14 years$2,197$1,902$1,641$1,412$1,211$1,070
15 years$2,029$1,737$1,481$1,259$1,067$932
16 years$1,883$1,594$1,343$1,127$943$815
17 years$1,754$1,468$1,222$1,013$836$715
18 years$1,639$1,356$1,116$913$743$629
19 years$1,537$1,257$1,021$825$662$554
20 years$1,444$1,168$937$747$592$489
21 years$1,361$1,088$862$678$530$433
22 years$1,286$1,016$795$616$475$383
23 years$1,217$950$734$561$426$340
24 years$1,154$890$679$512$383$302
25 years$1,096$835$628$468$345$268
26 years$1,042$785$583$428$310$239
27 years$993$739$541$391$280$213
28 years$947$696$503$359$253$189
29 years$905$657$468$329$228$169
30 years$865$620$436$302$206$151
31 years$828$586$407$277$186$134
32 years$794$555$379$255$168$120
33 years$761$525$354$234$152$107
34 years$731$498$331$215$138$96
35 years$702$472$309$198$125$86
36 years$675$448$289$183$113$77
37 years$650$426$271$168$103$68
38 years$625$405$254$155$93$61
39 years$603$385$238$143$84$55
40 years$581$366$223$132$77$49
41 years$561$348$209$122$69$44
42 years$541$332$196$112$63$39
43 years$523$316$184$104$57$35
44 years$505$301$173$96$52$31
45 years$488$287$162$88$47$28
46 years$472$274$152$82$43$25
47 years$457$262$143$75$39$23
48 years$442$250$134$70$35$20
49 years$428$239$126$64$32$18
50 years$415$228$119$60$29$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $425,000, adding $5,129 every year, while hoping to spend $20,920 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: 71/23/6 Blend
50$425,000$425,000$425,000$425,000
51$473,641$451,116$444,528$506,538
52$499,693$450,962$437,161$528,789
53$527,702$450,099$428,846$550,040
54$557,845$448,470$419,529$572,716
55$590,316$446,016$409,154$596,950
56$625,329$442,673$397,662$622,892
57$663,120$438,371$384,992$650,705
58$703,947$433,040$371,078$680,570
59$748,094$426,603$355,853$712,687
60$795,873$418,980$339,247$747,276
61$847,627$410,085$321,187$784,580
62$903,732$399,827$301,594$824,867
63$964,604$388,110$280,389$868,435
64$1,030,699$374,832$257,487$915,610
65$1,102,519$359,887$232,801$966,754
66$1,180,614$343,160$206,239$1,022,264
67$1,265,593$324,531$177,704$1,082,582
68$1,358,124$303,873$147,097$1,148,193
69$1,458,941$281,051$114,313$1,219,634
70$1,568,853$255,923$79,243$1,297,496
71$1,688,751$228,338$41,773$1,382,433
72$1,819,614$198,138$1,783$1,475,165
73$1,962,522$165,154$0$1,576,489
74$2,118,662$129,209$0$1,689,901
75$2,289,341$90,115$0$1,814,044
76$2,475,998$47,675$0$1,949,883
77$2,680,218$1,680$0$2,098,607
78$2,903,747$0$0$2,261,527
79$3,148,504$0$0$2,452,264
80$3,416,607$0$0$2,661,681
81$3,710,386$0$0$2,891,175
82$4,032,407$0$0$3,142,756
83$4,385,496$0$0$3,418,633
84$4,772,766$0$0$3,721,242
85$5,197,646$0$0$4,053,265
86$5,663,913$0$0$4,417,657
87$6,175,726$0$0$4,817,672
88$6,737,669$0$0$5,256,895
89$7,354,788$0$0$5,739,276
90$8,032,644$0$0$6,269,163
91$8,777,363$0$0$6,851,351
92$9,595,693$0$0$7,491,117
93$10,495,069$0$0$8,194,279
94$11,483,680$0$0$8,967,244
95$12,570,551$0$0$9,817,072
96$13,765,621$0$0$10,751,540
97$15,079,844$0$0$11,779,218
98$16,525,287$0$0$12,909,545
99$18,115,245$0$0$14,152,925
100$19,864,367$0$0$15,520,818