Can I retire at age 51 with 442,000?

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 $442,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$36,500$36,175$35,858$35,548$35,246$34,478
2 years$18,069$17,733$17,407$17,090$16,784$16,014
3 years$11,927$11,589$11,263$10,950$10,648$9,901
4 years$8,856$8,519$8,197$7,889$7,594$6,875
5 years$7,014$6,679$6,361$6,059$5,773$5,083
6 years$5,786$5,454$5,141$4,846$4,568$3,909
7 years$4,910$4,580$4,272$3,984$3,715$3,087
8 years$4,253$3,926$3,623$3,342$3,082$2,484
9 years$3,742$3,418$3,120$2,847$2,596$2,028
10 years$3,333$3,013$2,720$2,454$2,212$1,673
11 years$2,999$2,682$2,395$2,136$1,902$1,393
12 years$2,721$2,408$2,126$1,873$1,648$1,167
13 years$2,486$2,176$1,899$1,654$1,437$983
14 years$2,285$1,978$1,706$1,468$1,260$832
15 years$2,111$1,807$1,541$1,309$1,109$707
16 years$1,958$1,658$1,397$1,172$980$602
17 years$1,824$1,527$1,271$1,053$869$515
18 years$1,705$1,411$1,160$949$773$441
19 years$1,598$1,307$1,062$858$689$378
20 years$1,502$1,215$975$777$615$325
21 years$1,416$1,132$897$705$551$279
22 years$1,337$1,056$826$641$494$241
23 years$1,265$988$763$584$443$207
24 years$1,200$926$706$532$398$179
25 years$1,140$869$654$486$358$155
26 years$1,084$816$606$445$323$134
27 years$1,033$768$563$407$291$115
28 years$985$724$523$373$263$100
29 years$941$683$487$342$237$86
30 years$900$645$454$314$214$75
31 years$861$610$423$288$194$65
32 years$825$577$395$265$175$56
33 years$792$546$368$244$159$49
34 years$760$518$344$224$144$42
35 years$730$491$322$206$130$36
36 years$702$466$301$190$118$32
37 years$675$443$282$175$107$27
38 years$650$421$264$161$97$24
39 years$627$400$247$149$88$21
40 years$604$381$232$137$80$18
41 years$583$362$217$127$72$15
42 years$563$345$204$117$66$13
43 years$543$329$191$108$59$12
44 years$525$313$180$100$54$10
45 years$508$299$169$92$49$9
46 years$491$285$158$85$45$8
47 years$475$272$149$78$40$7
48 years$460$260$140$73$37$6
49 years$445$248$131$67$33$5
50 years$432$237$124$62$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $442,000, adding $4,724 every year, while hoping to spend $35,403 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: 37/45/18 Blend
50$442,000$442,000$442,000$442,000
51$491,957$468,531$461,680$507,326
52$504,468$453,820$439,478$504,153
53$517,069$437,202$415,345$497,035
54$529,731$418,546$389,180$488,604
55$542,422$397,714$360,876$478,763
56$555,105$374,558$330,322$467,405
57$567,738$348,924$297,400$454,420
58$580,275$320,649$261,991$439,688
59$592,661$289,559$223,966$423,083
60$604,837$255,471$183,192$404,468
61$616,733$218,192$139,532$383,699
62$628,275$177,518$92,841$360,622
63$639,375$133,233$42,968$335,072
64$649,939$85,109$0$306,873
65$659,859$32,906$0$277,807
66$669,015$0$0$254,638
67$677,273$0$0$240,627
68$684,484$0$0$242,448
69$690,481$0$0$243,739
70$695,080$0$0$244,423
71$698,074$0$0$244,416
72$699,235$0$0$243,623
73$698,308$0$0$241,938
74$695,011$0$0$239,245
75$689,029$0$0$235,416
76$680,016$0$0$230,307
77$667,586$0$0$223,760
78$651,312$0$0$215,598
79$630,720$0$0$205,628
80$605,286$0$0$193,634
81$574,431$0$0$179,378
82$537,511$0$0$162,597
83$493,817$0$0$143,000
84$442,563$0$0$120,263
85$382,880$0$0$94,032
86$313,807$0$0$63,913
87$234,283$0$0$29,470
88$143,134$0$0$0
89$39,064$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0