Can I retire at age 51 with 455,000?

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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$37,573$37,239$36,912$36,594$36,282$35,681
2 years$18,601$18,254$17,919$17,593$17,277$16,673
3 years$12,277$11,929$11,595$11,272$10,961$10,374
4 years$9,116$8,769$8,438$8,121$7,818$7,251
5 years$7,220$6,875$6,548$6,238$5,943$5,398
6 years$5,956$5,614$5,292$4,988$4,702$4,180
7 years$5,054$4,715$4,398$4,101$3,824$3,325
8 years$4,378$4,041$3,729$3,440$3,173$2,696
9 years$3,852$3,519$3,212$2,930$2,672$2,218
10 years$3,431$3,102$2,800$2,526$2,277$1,845
11 years$3,088$2,761$2,465$2,198$1,958$1,548
12 years$2,801$2,478$2,188$1,928$1,697$1,308
13 years$2,559$2,240$1,955$1,702$1,480$1,112
14 years$2,352$2,036$1,756$1,511$1,297$949
15 years$2,173$1,860$1,586$1,348$1,142$814
16 years$2,016$1,706$1,438$1,207$1,009$700
17 years$1,878$1,571$1,308$1,084$895$604
18 years$1,755$1,452$1,194$977$796$522
19 years$1,645$1,346$1,093$883$709$452
20 years$1,546$1,251$1,003$800$633$392
21 years$1,457$1,165$923$726$567$341
22 years$1,376$1,087$851$660$508$296
23 years$1,303$1,017$785$601$456$258
24 years$1,235$953$726$548$410$225
25 years$1,173$894$673$501$369$196
26 years$1,116$840$624$458$332$171
27 years$1,063$791$579$419$300$150
28 years$1,014$745$539$384$270$131
29 years$969$703$501$352$244$114
30 years$926$664$467$323$221$100
31 years$887$628$435$297$199$88
32 years$850$594$406$273$180$77
33 years$815$562$379$251$163$67
34 years$782$533$354$231$148$59
35 years$752$506$331$212$134$51
36 years$723$480$310$196$121$45
37 years$695$456$290$180$110$39
38 years$670$433$272$166$100$35
39 years$645$412$254$153$90$30
40 years$622$392$239$141$82$27
41 years$600$373$224$130$74$23
42 years$579$355$210$120$67$20
43 years$559$338$197$111$61$18
44 years$541$323$185$103$56$16
45 years$523$308$174$95$50$14
46 years$505$294$163$87$46$12
47 years$489$280$153$81$42$11
48 years$473$267$144$75$38$9
49 years$459$255$135$69$34$8
50 years$444$244$127$64$31$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $455,000, adding $2,955 every year, while hoping to spend $21,078 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: 52/33/15 Blend
50$455,000$455,000$455,000$455,000
51$504,458$480,343$473,291$528,501
52$533,486$481,453$466,719$546,391
53$564,768$481,911$459,221$563,366
54$598,513$481,663$450,743$581,357
55$634,947$480,651$441,229$600,466
56$674,323$478,813$430,621$620,807
57$716,915$476,087$418,858$642,506
58$763,027$472,401$405,876$665,702
59$812,991$467,684$391,609$690,552
60$867,174$461,858$375,985$717,228
61$925,978$454,842$358,933$745,919
62$989,846$446,547$340,376$776,840
63$1,059,265$436,883$320,233$810,223
64$1,134,772$425,752$298,423$846,331
65$1,216,955$413,050$274,856$885,451
66$1,306,464$398,669$249,443$927,903
67$1,404,012$382,492$222,088$974,043
68$1,510,385$364,398$192,692$1,024,261
69$1,626,447$344,257$161,150$1,078,994
70$1,753,151$321,932$127,355$1,138,722
71$1,891,545$297,279$91,194$1,203,978
72$2,042,781$270,144$52,547$1,275,353
73$2,208,129$240,366$11,292$1,353,498
74$2,388,988$207,774$0$1,439,135
75$2,586,897$172,187$0$1,538,304
76$2,803,551$133,414$0$1,648,917
77$3,040,817$91,255$0$1,770,165
78$3,300,750$45,496$0$1,903,153
79$3,585,613$0$0$2,049,099
80$3,897,901$0$0$2,210,834
81$4,240,358$0$0$2,406,357
82$4,616,010$0$0$2,620,879
83$5,028,187$0$0$2,856,308
84$5,480,558$0$0$3,114,746
85$5,977,165$0$0$3,398,508
86$6,522,460$0$0$3,710,145
87$7,121,348$0$0$4,052,466
88$7,779,230$0$0$4,428,565
89$8,502,059$0$0$4,841,854
90$9,296,390$0$0$5,296,087
91$10,169,448$0$0$5,795,404
92$11,129,190$0$0$6,344,364
93$12,184,383$0$0$6,947,988
94$13,344,685$0$0$7,611,813
95$14,620,740$0$0$8,341,933
96$16,024,272$0$0$9,145,069
97$17,568,199$0$0$10,028,620
98$19,266,754$0$0$11,000,742
99$21,135,620$0$0$12,070,421
100$23,192,075$0$0$13,247,556