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%16.8%
1 years$36,252$35,929$35,614$35,307$35,006$34,036
2 years$17,947$17,612$17,288$16,974$16,670$15,699
3 years$11,846$11,510$11,187$10,876$10,576$9,636
4 years$8,796$8,461$8,141$7,835$7,543$6,640
5 years$6,966$6,634$6,318$6,018$5,734$4,872
6 years$5,747$5,417$5,106$4,813$4,537$3,716
7 years$4,876$4,549$4,243$3,957$3,690$2,909
8 years$4,224$3,899$3,598$3,319$3,061$2,321
9 years$3,716$3,395$3,099$2,827$2,578$1,877
10 years$3,311$2,993$2,702$2,437$2,196$1,535
11 years$2,979$2,664$2,379$2,121$1,889$1,265
12 years$2,703$2,391$2,111$1,860$1,637$1,050
13 years$2,469$2,161$1,886$1,643$1,428$876
14 years$2,269$1,964$1,695$1,458$1,251$734
15 years$2,096$1,794$1,530$1,300$1,102$617
16 years$1,945$1,646$1,387$1,164$974$520
17 years$1,812$1,516$1,262$1,046$863$439
18 years$1,693$1,401$1,152$943$768$372
19 years$1,587$1,298$1,055$852$684$316
20 years$1,492$1,207$968$772$611$268
21 years$1,406$1,124$891$700$547$228
22 years$1,328$1,049$821$637$490$194
23 years$1,257$981$758$580$440$165
24 years$1,192$919$701$529$396$141
25 years$1,132$863$649$483$356$120
26 years$1,077$811$602$442$321$103
27 years$1,026$763$559$404$289$88
28 years$978$719$520$370$261$75
29 years$935$678$484$340$236$64
30 years$894$641$450$312$213$55
31 years$855$606$420$286$192$47
32 years$820$573$392$263$174$40
33 years$786$543$366$242$158$34
34 years$755$514$342$223$143$29
35 years$725$488$320$205$129$25
36 years$697$463$299$189$117$21
37 years$671$440$280$174$106$18
38 years$646$418$262$160$96$16
39 years$622$397$246$148$87$13
40 years$600$378$230$136$79$11
41 years$579$360$216$126$72$10
42 years$559$343$202$116$65$8
43 years$540$327$190$107$59$7
44 years$522$311$178$99$54$6
45 years$504$297$167$91$49$5
46 years$488$283$157$84$44$5
47 years$472$270$148$78$40$4
48 years$457$258$139$72$36$3
49 years$442$246$130$67$33$3
50 years$429$235$123$62$30$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $439,000, adding $6,120 every year, while hoping to spend $22,503 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: 53/32/15 Blend
50$439,000$439,000$439,000$439,000
51$490,091$466,824$460,019$513,788
52$516,137$465,755$451,487$529,582
53$544,086$463,880$441,914$543,848
54$574,107$461,135$431,243$558,865
55$606,389$457,453$419,412$574,709
56$641,135$452,763$406,357$591,467
57$678,571$446,989$392,011$609,233
58$718,946$440,051$376,304$628,117
59$762,530$431,865$359,161$648,235
60$809,622$422,341$340,508$669,721
61$860,552$411,384$320,263$692,722
62$915,679$398,893$298,342$717,403
63$975,401$384,761$274,659$743,946
64$1,040,153$368,876$249,122$772,553
65$1,110,416$351,118$221,635$803,451
66$1,186,717$331,361$192,098$836,889
67$1,269,637$309,472$160,408$873,146
68$1,359,813$285,310$126,455$912,529
69$1,457,949$258,725$90,126$955,383
70$1,564,816$229,559$51,302$1,002,086
71$1,681,266$197,646$9,859$1,053,062
72$1,808,234$162,810$0$1,108,776
73$1,946,751$124,864$0$1,175,248
74$2,097,950$83,613$0$1,249,594
75$2,263,079$38,848$0$1,330,893
76$2,443,512$0$0$1,419,873
77$2,640,761$0$0$1,520,739
78$2,856,492$0$0$1,646,057
79$3,092,539$0$0$1,783,220
80$3,350,920$0$0$1,933,405
81$3,633,858$0$0$2,097,911
82$3,943,802$0$0$2,278,166
83$4,283,448$0$0$2,475,744
84$4,655,766$0$0$2,692,379
85$5,064,025$0$0$2,929,981
86$5,511,827$0$0$3,190,651
87$6,003,141$0$0$3,476,707
88$6,542,335$0$0$3,790,700
89$7,134,224$0$0$4,135,441
90$7,784,110$0$0$4,514,025
91$8,497,833$0$0$4,929,862
92$9,281,827$0$0$5,386,711
93$10,143,182$0$0$5,888,709
94$11,089,704$0$0$6,440,416
95$12,129,998$0$0$7,046,856
96$13,273,539$0$0$7,713,562
97$14,530,769$0$0$8,446,632
98$15,913,192$0$0$9,252,783
99$17,433,481$0$0$10,139,417
100$19,105,599$0$0$11,114,686