Can I retire at age 51 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$36,335$36,011$35,695$35,387$35,086$33,990
2 years$17,988$17,653$17,328$17,013$16,708$15,613
3 years$11,873$11,536$11,212$10,900$10,600$9,542
4 years$8,816$8,480$8,160$7,853$7,560$6,546
5 years$6,982$6,649$6,332$6,032$5,747$4,779
6 years$5,760$5,429$5,117$4,824$4,547$3,627
7 years$4,887$4,559$4,253$3,966$3,698$2,826
8 years$4,233$3,908$3,607$3,327$3,068$2,242
9 years$3,725$3,403$3,106$2,834$2,584$1,804
10 years$3,318$2,999$2,708$2,443$2,201$1,467
11 years$2,986$2,670$2,384$2,126$1,893$1,202
12 years$2,709$2,397$2,116$1,865$1,641$991
13 years$2,475$2,166$1,890$1,646$1,431$822
14 years$2,275$1,969$1,699$1,461$1,254$684
15 years$2,101$1,798$1,534$1,303$1,104$572
16 years$1,949$1,650$1,390$1,167$976$479
17 years$1,816$1,520$1,265$1,049$865$402
18 years$1,697$1,404$1,155$945$769$338
19 years$1,591$1,301$1,057$854$686$285
20 years$1,495$1,209$970$773$613$240
21 years$1,409$1,126$893$702$548$203
22 years$1,331$1,051$823$638$491$172
23 years$1,260$983$760$581$441$145
24 years$1,194$921$702$530$396$123
25 years$1,134$865$651$484$357$104
26 years$1,079$813$603$443$321$88
27 years$1,028$765$560$405$290$75
28 years$981$721$521$371$261$63
29 years$937$680$485$340$236$54
30 years$896$642$452$312$213$46
31 years$857$607$421$287$193$39
32 years$822$574$393$264$174$33
33 years$788$544$367$242$158$28
34 years$756$515$343$223$143$24
35 years$727$489$320$205$129$20
36 years$699$464$300$189$117$17
37 years$672$441$280$174$106$15
38 years$648$419$263$161$96$12
39 years$624$398$246$148$87$10
40 years$602$379$231$137$79$9
41 years$580$361$216$126$72$8
42 years$560$344$203$116$65$6
43 years$541$327$190$107$59$5
44 years$523$312$179$99$54$5
45 years$505$298$168$92$49$4
46 years$489$284$158$85$44$3
47 years$473$271$148$78$40$3
48 years$458$259$139$72$37$2
49 years$443$247$131$67$33$2
50 years$430$236$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 $440,000, adding $2,447 every year, while hoping to spend $33,370 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: 54/24/22 Blend
50$440,000$440,000$440,000$440,000
51$487,404$464,084$457,264$510,663
52$501,614$451,319$437,077$514,137
53$516,155$436,810$415,095$514,223
54$531,025$420,436$391,223$513,607
55$546,222$402,070$365,362$512,235
56$561,742$381,576$337,407$510,046
57$577,578$358,812$307,249$506,976
58$593,724$333,627$274,774$502,956
59$610,170$305,860$239,865$497,915
60$626,903$275,344$202,397$491,774
61$643,910$241,898$162,240$484,450
62$661,173$205,335$119,259$475,855
63$678,672$165,456$73,313$465,894
64$696,382$122,049$24,255$454,468
65$714,276$74,893$0$441,468
66$732,322$23,752$0$433,375
67$750,482$0$0$429,977
68$768,713$0$0$433,832
69$786,967$0$0$443,950
70$805,188$0$0$454,026
71$823,312$0$0$464,020
72$841,270$0$0$473,890
73$858,979$0$0$483,586
74$876,349$0$0$493,054
75$893,279$0$0$502,233
76$909,653$0$0$511,052
77$925,342$0$0$519,436
78$940,204$0$0$527,296
79$954,076$0$0$534,537
80$966,780$0$0$541,050
81$978,114$0$0$546,716
82$987,855$0$0$551,399
83$995,754$0$0$554,951
84$1,001,533$0$0$557,206
85$1,004,884$0$0$557,978
86$1,005,465$0$0$557,063
87$1,002,894$0$0$554,234
88$996,750$0$0$549,237
89$986,563$0$0$541,792
90$971,814$0$0$531,588
91$951,926$0$0$518,281
92$926,260$0$0$501,490
93$894,110$0$0$480,792
94$854,691$0$0$455,720
95$807,137$0$0$425,756
96$750,489$0$0$390,327
97$683,685$0$0$348,800
98$605,551$0$0$300,476
99$514,790$0$0$244,579
100$409,966$0$0$180,255