Can I retire at age 51 with 437,000?

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 $437,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$36,087$35,766$35,452$35,146$34,847$34,005
2 years$17,865$17,532$17,210$16,897$16,594$15,750
3 years$11,792$11,457$11,136$10,826$10,528$9,709
4 years$8,756$8,422$8,104$7,800$7,509$6,721
5 years$6,934$6,603$6,289$5,991$5,708$4,954
6 years$5,721$5,392$5,082$4,791$4,516$3,797
7 years$4,854$4,528$4,224$3,939$3,673$2,988
8 years$4,204$3,882$3,582$3,304$3,047$2,397
9 years$3,699$3,380$3,085$2,814$2,566$1,949
10 years$3,296$2,979$2,690$2,426$2,186$1,603
11 years$2,966$2,652$2,368$2,111$1,880$1,329
12 years$2,691$2,380$2,101$1,852$1,630$1,109
13 years$2,458$2,151$1,878$1,635$1,421$931
14 years$2,259$1,955$1,687$1,451$1,246$785
15 years$2,087$1,786$1,523$1,294$1,097$664
16 years$1,936$1,639$1,381$1,159$969$563
17 years$1,803$1,509$1,257$1,041$859$479
18 years$1,685$1,395$1,147$938$764$408
19 years$1,580$1,293$1,050$848$681$349
20 years$1,485$1,201$964$768$608$298
21 years$1,400$1,119$886$697$544$255
22 years$1,322$1,044$817$634$488$219
23 years$1,251$977$754$577$438$188
24 years$1,186$915$698$526$394$161
25 years$1,127$859$646$481$354$139
26 years$1,072$807$599$440$319$119
27 years$1,021$760$556$402$288$103
28 years$974$716$517$369$260$88
29 years$930$675$481$338$234$76
30 years$890$638$448$310$212$65
31 years$852$603$418$285$192$56
32 years$816$570$390$262$173$49
33 years$783$540$364$241$157$42
34 years$751$512$340$222$142$36
35 years$722$486$318$204$129$31
36 years$694$461$298$188$116$27
37 years$668$438$279$173$106$23
38 years$643$416$261$160$96$20
39 years$620$396$244$147$87$17
40 years$597$376$229$136$79$15
41 years$576$358$215$125$71$13
42 years$556$341$201$116$65$11
43 years$537$325$189$107$59$10
44 years$519$310$177$98$53$8
45 years$502$296$167$91$48$7
46 years$485$282$157$84$44$6
47 years$470$269$147$78$40$5
48 years$455$257$138$72$36$5
49 years$440$245$130$66$33$4
50 years$427$234$122$61$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $437,000, adding $3,112 every year, while hoping to spend $24,529 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: 54/16/30 Blend
50$437,000$437,000$437,000$437,000
51$484,784$461,623$454,850$506,756
52$508,133$458,144$443,988$518,838
53$533,042$453,672$431,941$529,235
54$559,644$448,133$418,642$540,074
55$588,084$441,448$404,023$551,407
56$618,523$433,534$388,012$563,294
57$651,135$424,300$370,534$575,800
58$686,115$413,655$351,511$589,001
59$723,672$401,497$330,860$602,979
60$764,038$387,722$308,495$617,829
61$807,468$372,219$284,328$633,655
62$854,242$354,869$258,265$650,575
63$904,665$335,548$230,207$668,720
64$959,074$314,124$200,053$688,238
65$1,017,841$290,457$167,696$709,291
66$1,081,372$264,400$133,025$732,064
67$1,150,114$235,798$95,923$756,759
68$1,224,558$204,484$56,269$783,605
69$1,305,245$170,287$13,936$812,854
70$1,392,770$133,020$0$844,788
71$1,487,785$92,491$0$889,721
72$1,591,010$48,494$0$943,412
73$1,703,235$812$0$1,001,830
74$1,825,330$0$0$1,065,453
75$1,958,253$0$0$1,143,751
76$2,103,056$0$0$1,229,241
77$2,260,898$0$0$1,322,469
78$2,433,055$0$0$1,424,193
79$2,620,931$0$0$1,535,249
80$2,826,071$0$0$1,656,554
81$3,050,176$0$0$1,789,121
82$3,295,118$0$0$1,934,063
83$3,562,961$0$0$2,092,607
84$3,855,973$0$0$2,266,102
85$4,176,654$0$0$2,456,035
86$4,527,757$0$0$2,664,043
87$4,912,313$0$0$2,891,929
88$5,333,659$0$0$3,141,678
89$5,795,472$0$0$3,415,477
90$6,301,800$0$0$3,715,734
91$6,857,102$0$0$4,045,101
92$7,466,288$0$0$4,406,500
93$8,134,770$0$0$4,803,149
94$8,868,504$0$0$5,238,592
95$9,674,055$0$0$5,716,735
96$10,558,653$0$0$6,241,878
97$11,530,261$0$0$6,818,760
98$12,597,654$0$0$7,452,600
99$13,770,498$0$0$8,149,149
100$15,059,440$0$0$8,914,743