Can I retire at age 51 with 437,000?

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 $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%14.8%
1 years$36,087$35,766$35,452$35,146$34,847$34,157
2 years$17,865$17,532$17,210$16,897$16,594$15,902
3 years$11,792$11,457$11,136$10,826$10,528$9,855
4 years$8,756$8,422$8,104$7,800$7,509$6,860
5 years$6,934$6,603$6,289$5,991$5,708$5,086
6 years$5,721$5,392$5,082$4,791$4,516$3,922
7 years$4,854$4,528$4,224$3,939$3,673$3,106
8 years$4,204$3,882$3,582$3,304$3,047$2,507
9 years$3,699$3,380$3,085$2,814$2,566$2,052
10 years$3,296$2,979$2,690$2,426$2,186$1,699
11 years$2,966$2,652$2,368$2,111$1,880$1,418
12 years$2,691$2,380$2,101$1,852$1,630$1,192
13 years$2,458$2,151$1,878$1,635$1,421$1,008
14 years$2,259$1,955$1,687$1,451$1,246$856
15 years$2,087$1,786$1,523$1,294$1,097$730
16 years$1,936$1,639$1,381$1,159$969$624
17 years$1,803$1,509$1,257$1,041$859$535
18 years$1,685$1,395$1,147$938$764$460
19 years$1,580$1,293$1,050$848$681$396
20 years$1,485$1,201$964$768$608$341
21 years$1,400$1,119$886$697$544$295
22 years$1,322$1,044$817$634$488$255
23 years$1,251$977$754$577$438$221
24 years$1,186$915$698$526$394$191
25 years$1,127$859$646$481$354$166
26 years$1,072$807$599$440$319$144
27 years$1,021$760$556$402$288$125
28 years$974$716$517$369$260$108
29 years$930$675$481$338$234$94
30 years$890$638$448$310$212$82
31 years$852$603$418$285$192$71
32 years$816$570$390$262$173$62
33 years$783$540$364$241$157$54
34 years$751$512$340$222$142$47
35 years$722$486$318$204$129$41
36 years$694$461$298$188$116$35
37 years$668$438$279$173$106$31
38 years$643$416$261$160$96$27
39 years$620$396$244$147$87$23
40 years$597$376$229$136$79$20
41 years$576$358$215$125$71$18
42 years$556$341$201$116$65$15
43 years$537$325$189$107$59$13
44 years$519$310$177$98$53$12
45 years$502$296$167$91$48$10
46 years$485$282$157$84$44$9
47 years$470$269$147$78$40$8
48 years$455$257$138$72$36$7
49 years$440$245$130$66$33$6
50 years$427$234$122$61$30$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $437,000, adding $3,019 every year, while hoping to spend $24,888 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: 57/22/21 Blend
50$437,000$437,000$437,000$437,000
51$484,688$461,527$454,754$509,424
52$507,646$457,661$443,507$522,760
53$532,111$452,772$431,050$534,358
54$558,211$446,783$417,315$546,455
55$586,086$439,612$402,232$559,103
56$615,888$431,175$385,729$572,364
57$647,786$421,380$367,728$586,305
58$681,964$410,131$348,151$601,002
59$718,623$397,326$326,912$616,541
60$757,985$382,858$303,926$633,017
61$800,292$366,611$279,101$650,536
62$845,813$348,465$252,341$669,217
63$894,839$328,293$223,548$689,194
64$947,692$305,959$192,617$710,615
65$1,004,726$281,321$159,439$733,646
66$1,066,330$254,227$123,901$758,471
67$1,132,929$224,518$85,886$785,295
68$1,204,993$192,024$45,268$814,348
69$1,283,038$156,569$1,920$845,885
70$1,367,629$117,963$0$880,188
71$1,459,392$76,007$0$927,509
72$1,559,010$30,492$0$979,367
73$1,667,239$0$0$1,035,754
74$1,784,907$0$0$1,101,690
75$1,912,927$0$0$1,181,490
76$2,052,302$0$0$1,268,405
77$2,204,138$0$0$1,363,126
78$2,369,650$0$0$1,466,417
79$2,550,176$0$0$1,579,118
80$2,747,189$0$0$1,702,153
81$2,962,309$0$0$1,836,539
82$3,197,321$0$0$1,983,397
83$3,454,189$0$0$2,143,959
84$3,735,075$0$0$2,319,584
85$4,042,362$0$0$2,511,767
86$4,378,671$0$0$2,722,153
87$4,746,889$0$0$2,952,555
88$5,150,196$0$0$3,204,969
89$5,592,092$0$0$3,481,595
90$6,076,434$0$0$3,784,852
91$6,607,468$0$0$4,117,408
92$7,189,871$0$0$4,482,199
93$7,828,795$0$0$4,882,460
94$8,529,915$0$0$5,321,755
95$9,299,481$0$0$5,804,009
96$10,144,376$0$0$6,333,545
97$11,072,186$0$0$6,915,125
98$12,091,265$0$0$7,553,997
99$13,210,816$0$0$8,255,940
100$14,440,978$0$0$9,027,321