Can I retire at age 51 with 432,000?

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 $432,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$35,674$35,356$35,046$34,744$34,448$33,534
2 years$17,660$17,332$17,013$16,704$16,404$15,489
3 years$11,657$11,326$11,008$10,702$10,407$9,521
4 years$8,655$8,326$8,011$7,710$7,423$6,571
5 years$6,855$6,528$6,217$5,922$5,643$4,828
6 years$5,655$5,330$5,024$4,736$4,465$3,689
7 years$4,799$4,476$4,175$3,894$3,631$2,893
8 years$4,156$3,837$3,541$3,266$3,012$2,312
9 years$3,657$3,341$3,050$2,782$2,537$1,874
10 years$3,258$2,945$2,659$2,398$2,161$1,535
11 years$2,932$2,622$2,341$2,087$1,859$1,268
12 years$2,660$2,353$2,077$1,831$1,611$1,054
13 years$2,430$2,126$1,856$1,616$1,405$881
14 years$2,233$1,933$1,668$1,435$1,231$739
15 years$2,063$1,766$1,506$1,280$1,084$623
16 years$1,914$1,620$1,365$1,146$958$526
17 years$1,783$1,492$1,242$1,029$850$446
18 years$1,666$1,379$1,134$928$755$378
19 years$1,562$1,278$1,038$838$673$322
20 years$1,468$1,187$953$759$601$274
21 years$1,384$1,106$876$689$538$233
22 years$1,307$1,032$808$627$482$199
23 years$1,237$966$746$571$433$170
24 years$1,173$905$690$520$389$145
25 years$1,114$849$639$475$350$124
26 years$1,059$798$592$435$316$106
27 years$1,009$751$550$398$284$91
28 years$963$708$511$364$257$78
29 years$920$668$476$334$232$67
30 years$879$630$443$307$209$57
31 years$842$596$413$282$189$49
32 years$807$564$386$259$171$42
33 years$774$534$360$238$155$36
34 years$743$506$336$219$140$31
35 years$714$480$315$202$127$27
36 years$686$456$294$186$115$23
37 years$660$433$275$171$104$20
38 years$636$411$258$158$95$17
39 years$613$391$242$145$86$14
40 years$591$372$226$134$78$12
41 years$570$354$212$124$71$11
42 years$550$337$199$114$64$9
43 years$531$321$187$105$58$8
44 years$513$306$175$97$53$7
45 years$496$292$165$90$48$6
46 years$480$279$155$83$44$5
47 years$464$266$145$77$40$4
48 years$450$254$137$71$36$4
49 years$435$242$128$66$33$3
50 years$422$232$121$61$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $432,000, adding $2,402 every year, while hoping to spend $28,115 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: 68/9/23 Blend
50$432,000$432,000$432,000$432,000
51$478,542$455,646$448,950$508,133
52$497,439$448,058$434,075$520,681
53$517,321$439,157$417,760$530,938
54$538,259$428,847$399,927$541,495
55$560,331$417,029$380,494$552,381
56$583,619$403,599$359,375$563,629
57$608,217$388,443$336,482$575,276
58$634,222$371,444$311,722$587,363
59$661,746$352,478$284,997$599,937
60$690,906$331,411$256,207$613,051
61$721,833$308,105$225,244$626,764
62$754,668$282,410$191,998$641,143
63$789,568$254,172$156,354$656,261
64$826,702$223,225$118,190$672,202
65$866,257$189,394$77,380$689,060
66$908,436$152,495$33,793$706,938
67$953,462$112,333$0$725,952
68$1,001,581$68,703$0$749,355
69$1,053,061$21,388$0$783,223
70$1,108,194$0$0$819,452
71$1,167,305$0$0$861,216
72$1,230,746$0$0$908,330
73$1,298,906$0$0$958,968
74$1,372,211$0$0$1,013,446
75$1,451,129$0$0$1,072,117
76$1,536,174$0$0$1,135,364
77$1,627,909$0$0$1,203,610
78$1,726,956$0$0$1,277,319
79$1,833,994$0$0$1,357,000
80$1,949,774$0$0$1,443,215
81$2,075,118$0$0$1,536,580
82$2,210,930$0$0$1,637,771
83$2,358,206$0$0$1,747,535
84$2,518,039$0$0$1,866,691
85$2,691,634$0$0$1,996,138
86$2,880,313$0$0$2,136,869
87$3,085,532$0$0$2,289,974
88$3,308,894$0$0$2,456,653
89$3,552,160$0$0$2,638,226
90$3,817,271$0$0$2,836,146
91$4,106,362$0$0$3,052,011
92$4,421,781$0$0$3,287,582
93$4,766,114$0$0$3,544,795
94$5,142,209$0$0$3,825,783
95$5,553,200$0$0$4,132,894
96$6,002,535$0$0$4,468,712
97$6,494,015$0$0$4,836,083
98$7,031,821$0$0$5,238,139
99$7,620,558$0$0$5,678,332
100$8,265,299$0$0$6,160,461