Can I retire at age 51 with 451,000?

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 $451,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$37,243$36,911$36,588$36,272$35,963$35,397
2 years$18,437$18,094$17,761$17,438$17,125$16,556
3 years$12,169$11,825$11,493$11,173$10,865$10,311
4 years$9,036$8,692$8,364$8,049$7,749$7,214
5 years$7,157$6,815$6,491$6,183$5,891$5,376
6 years$5,904$5,565$5,245$4,944$4,661$4,168
7 years$5,010$4,673$4,359$4,065$3,791$3,319
8 years$4,339$4,006$3,697$3,410$3,145$2,695
9 years$3,818$3,488$3,184$2,905$2,648$2,219
10 years$3,401$3,074$2,776$2,504$2,257$1,848
11 years$3,061$2,737$2,444$2,179$1,941$1,553
12 years$2,777$2,457$2,169$1,911$1,682$1,314
13 years$2,537$2,220$1,938$1,687$1,467$1,118
14 years$2,331$2,018$1,741$1,498$1,286$956
15 years$2,154$1,843$1,572$1,336$1,132$821
16 years$1,998$1,691$1,425$1,196$1,000$707
17 years$1,861$1,558$1,297$1,075$887$610
18 years$1,739$1,439$1,184$969$789$528
19 years$1,631$1,334$1,084$875$703$458
20 years$1,533$1,240$995$793$628$398
21 years$1,444$1,155$915$719$562$346
22 years$1,364$1,078$843$654$504$302
23 years$1,291$1,008$779$596$452$263
24 years$1,224$944$720$543$406$230
25 years$1,163$886$667$496$366$201
26 years$1,106$833$618$454$329$176
27 years$1,054$784$574$415$297$154
28 years$1,005$739$534$380$268$134
29 years$960$697$497$349$242$118
30 years$918$658$463$320$219$103
31 years$879$622$431$294$198$90
32 years$842$589$403$270$179$79
33 years$808$557$376$249$162$70
34 years$775$528$351$229$147$61
35 years$745$501$328$210$133$54
36 years$716$476$307$194$120$47
37 years$689$452$287$179$109$41
38 years$664$429$269$165$99$36
39 years$640$408$252$152$90$32
40 years$617$388$236$140$81$28
41 years$595$370$222$129$74$25
42 years$574$352$208$119$67$22
43 years$555$336$195$110$61$19
44 years$536$320$183$102$55$17
45 years$518$305$172$94$50$15
46 years$501$291$162$87$45$13
47 years$485$278$152$80$41$11
48 years$469$265$143$74$37$10
49 years$455$253$134$68$34$9
50 years$440$242$126$63$31$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $451,000, adding $3,212 every year, while hoping to spend $42,083 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: 61/25/14 Blend
50$451,000$451,000$451,000$451,000
51$500,315$476,412$469,422$528,919
52$506,571$454,980$440,371$527,108
53$512,055$431,088$408,937$520,092
54$516,644$404,570$374,995$511,426
55$520,199$375,252$338,416$500,954
56$522,569$342,949$299,063$488,504
57$523,585$307,467$256,795$473,892
58$523,057$268,599$211,463$456,915
59$520,776$226,128$162,915$437,354
60$516,510$179,823$110,987$414,968
61$510,001$129,442$55,513$389,497
62$500,964$74,727$0$360,655
63$489,082$15,408$0$328,684
64$474,004$0$0$301,580
65$455,341$0$0$284,125
66$432,664$0$0$268,189
67$405,497$0$0$249,213
68$373,313$0$0$226,842
69$335,529$0$0$200,684
70$291,502$0$0$170,304
71$240,519$0$0$135,224
72$181,793$0$0$94,914
73$114,455$0$0$48,788
74$37,542$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$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