Can I retire at age 51 with 431,000?

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 $431,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$35,592$35,275$34,965$34,663$34,369$33,255
2 years$17,620$17,291$16,973$16,665$16,366$15,255
3 years$11,630$11,300$10,983$10,677$10,383$9,309
4 years$8,635$8,307$7,993$7,693$7,405$6,376
5 years$6,839$6,513$6,203$5,909$5,629$4,648
6 years$5,642$5,318$5,013$4,725$4,454$3,522
7 years$4,787$4,466$4,166$3,885$3,623$2,739
8 years$4,147$3,828$3,533$3,259$3,005$2,170
9 years$3,649$3,333$3,043$2,776$2,531$1,742
10 years$3,250$2,938$2,653$2,393$2,156$1,414
11 years$2,925$2,616$2,335$2,082$1,855$1,156
12 years$2,654$2,348$2,073$1,827$1,607$952
13 years$2,424$2,122$1,852$1,613$1,401$788
14 years$2,228$1,928$1,664$1,431$1,229$654
15 years$2,058$1,762$1,502$1,277$1,082$545
16 years$1,909$1,616$1,362$1,143$956$456
17 years$1,779$1,489$1,239$1,027$848$382
18 years$1,662$1,375$1,131$926$754$321
19 years$1,558$1,275$1,036$836$672$269
20 years$1,465$1,185$951$757$600$227
21 years$1,380$1,103$874$687$537$191
22 years$1,304$1,030$806$625$481$161
23 years$1,234$963$744$569$432$136
24 years$1,170$903$688$519$388$115
25 years$1,111$847$637$474$349$97
26 years$1,057$796$591$434$315$82
27 years$1,007$749$549$397$284$69
28 years$961$706$510$364$256$59
29 years$917$666$475$333$231$50
30 years$877$629$442$306$209$42
31 years$840$595$412$281$189$36
32 years$805$563$385$258$171$30
33 years$772$533$359$238$155$26
34 years$741$505$336$219$140$22
35 years$712$479$314$201$127$18
36 years$685$455$294$185$115$16
37 years$659$432$275$171$104$13
38 years$634$410$257$157$94$11
39 years$611$390$241$145$86$9
40 years$589$371$226$134$78$8
41 years$568$353$212$123$70$7
42 years$549$337$199$114$64$6
43 years$530$321$186$105$58$5
44 years$512$306$175$97$53$4
45 years$495$291$164$90$48$3
46 years$479$278$154$83$43$3
47 years$463$265$145$77$39$3
48 years$449$253$136$71$36$2
49 years$434$242$128$65$33$2
50 years$421$231$120$60$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $431,000, adding $5,811 every year, while hoping to spend $26,138 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: 46/28/26 Blend
50$431,000$431,000$431,000$431,000
51$480,956$458,113$451,433$499,252
52$502,203$452,750$438,745$507,382
53$524,741$446,248$424,756$513,199
54$548,674$438,524$409,395$518,998
55$574,117$429,489$392,588$524,790
56$601,193$419,050$374,255$530,590
57$630,039$407,108$354,317$536,416
58$660,804$393,558$332,688$542,291
59$693,652$378,288$309,280$548,240
60$728,763$361,182$283,998$554,296
61$766,332$342,115$256,747$560,495
62$806,574$320,956$227,425$566,881
63$849,727$297,565$195,927$573,505
64$896,050$271,796$162,140$580,424
65$945,826$243,493$125,951$587,708
66$999,368$212,493$87,239$595,432
67$1,057,020$178,620$45,877$603,687
68$1,119,156$141,694$1,735$612,575
69$1,186,192$101,519$0$622,211
70$1,258,582$57,891$0$645,314
71$1,336,824$10,594$0$670,780
72$1,421,467$0$0$698,336
73$1,513,115$0$0$740,727
74$1,612,431$0$0$790,244
75$1,720,144$0$0$843,991
76$1,837,057$0$0$902,375
77$1,964,050$0$0$965,841
78$2,102,094$0$0$1,034,880
79$2,252,256$0$0$1,110,033
80$2,415,711$0$0$1,191,894
81$2,593,751$0$0$1,281,116
82$2,787,798$0$0$1,378,421
83$2,999,416$0$0$1,484,599
84$3,230,328$0$0$1,600,523
85$3,482,430$0$0$1,727,153
86$3,757,808$0$0$1,865,545
87$4,058,760$0$0$2,016,864
88$4,387,815$0$0$2,182,390
89$4,747,758$0$0$2,363,533
90$5,141,656$0$0$2,561,847
91$5,572,885$0$0$2,779,042
92$6,045,162$0$0$3,017,001
93$6,562,583$0$0$3,277,798
94$7,129,656$0$0$3,563,718
95$7,751,348$0$0$3,877,277
96$8,433,129$0$0$4,221,246
97$9,181,022$0$0$4,598,677
98$10,001,663$0$0$5,012,933
99$10,902,361$0$0$5,467,716
100$11,891,166$0$0$5,967,105