Can I retire at age 51 with 439,000?

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 $439,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$36,252$35,929$35,614$35,307$35,006$34,216
2 years$17,947$17,612$17,288$16,974$16,670$15,877
3 years$11,846$11,510$11,187$10,876$10,576$9,807
4 years$8,796$8,461$8,141$7,835$7,543$6,803
5 years$6,966$6,634$6,318$6,018$5,734$5,025
6 years$5,747$5,417$5,106$4,813$4,537$3,860
7 years$4,876$4,549$4,243$3,957$3,690$3,044
8 years$4,224$3,899$3,598$3,319$3,061$2,447
9 years$3,716$3,395$3,099$2,827$2,578$1,995
10 years$3,311$2,993$2,702$2,437$2,196$1,645
11 years$2,979$2,664$2,379$2,121$1,889$1,367
12 years$2,703$2,391$2,111$1,860$1,637$1,144
13 years$2,469$2,161$1,886$1,643$1,428$963
14 years$2,269$1,964$1,695$1,458$1,251$814
15 years$2,096$1,794$1,530$1,300$1,102$690
16 years$1,945$1,646$1,387$1,164$974$587
17 years$1,812$1,516$1,262$1,046$863$501
18 years$1,693$1,401$1,152$943$768$428
19 years$1,587$1,298$1,055$852$684$367
20 years$1,492$1,207$968$772$611$315
21 years$1,406$1,124$891$700$547$270
22 years$1,328$1,049$821$637$490$232
23 years$1,257$981$758$580$440$200
24 years$1,192$919$701$529$396$172
25 years$1,132$863$649$483$356$149
26 years$1,077$811$602$442$321$128
27 years$1,026$763$559$404$289$111
28 years$978$719$520$370$261$96
29 years$935$678$484$340$236$82
30 years$894$641$450$312$213$71
31 years$855$606$420$286$192$62
32 years$820$573$392$263$174$53
33 years$786$543$366$242$158$46
34 years$755$514$342$223$143$40
35 years$725$488$320$205$129$34
36 years$697$463$299$189$117$30
37 years$671$440$280$174$106$26
38 years$646$418$262$160$96$22
39 years$622$397$246$148$87$19
40 years$600$378$230$136$79$17
41 years$579$360$216$126$72$14
42 years$559$343$202$116$65$13
43 years$540$327$190$107$59$11
44 years$522$311$178$99$54$9
45 years$504$297$167$91$49$8
46 years$488$283$157$84$44$7
47 years$472$270$148$78$40$6
48 years$457$258$139$72$36$5
49 years$442$246$130$67$33$5
50 years$429$235$123$62$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $439,000, adding $5,653 every year, while hoping to spend $31,676 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: 89/5/6 Blend
50$439,000$439,000$439,000$439,000
51$489,609$466,342$459,538$532,599
52$505,846$455,490$441,229$550,585
53$522,678$443,044$421,246$565,302
54$540,131$428,894$399,498$580,433
55$558,235$412,920$375,891$595,996
56$577,021$394,999$350,329$612,006
57$596,521$374,997$322,709$628,483
58$616,770$352,776$292,924$645,449
59$637,805$328,187$260,862$662,924
60$659,667$301,074$226,407$680,933
61$682,399$271,272$189,437$699,502
62$706,046$238,607$149,825$718,658
63$730,657$202,893$107,438$738,432
64$756,285$163,936$62,138$758,858
65$782,986$121,529$13,781$779,970
66$810,823$75,456$0$801,809
67$839,860$25,486$0$826,838
68$870,168$0$0$853,782
69$901,824$0$0$883,393
70$934,910$0$0$915,809
71$969,515$0$0$949,714
72$1,005,737$0$0$985,202
73$1,043,679$0$0$1,022,377
74$1,083,455$0$0$1,061,349
75$1,125,187$0$0$1,102,239
76$1,169,010$0$0$1,145,178
77$1,215,068$0$0$1,190,307
78$1,263,518$0$0$1,237,782
79$1,314,533$0$0$1,287,771
80$1,368,298$0$0$1,340,456
81$1,425,017$0$0$1,396,036
82$1,484,913$0$0$1,454,730
83$1,548,225$0$0$1,516,774
84$1,615,219$0$0$1,582,427
85$1,686,182$0$0$1,651,971
86$1,761,429$0$0$1,725,715
87$1,841,303$0$0$1,803,996
88$1,926,182$0$0$1,887,182
89$2,016,475$0$0$1,975,678
90$2,112,634$0$0$2,069,924
91$2,215,151$0$0$2,170,405
92$2,324,567$0$0$2,277,649
93$2,441,472$0$0$2,392,237
94$2,566,515$0$0$2,514,803
95$2,700,407$0$0$2,646,047
96$2,843,927$0$0$2,786,731
97$2,997,931$0$0$2,937,695
98$3,163,356$0$0$3,099,859
99$3,341,234$0$0$3,274,233
100$3,532,694$0$0$3,461,925