Can I retire at age 51 with 459,000?

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 $459,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$37,904$37,566$37,237$36,915$36,601$35,163
2 years$18,764$18,415$18,076$17,748$17,429$15,998
3 years$12,385$12,034$11,696$11,371$11,058$9,678
4 years$9,196$8,846$8,512$8,192$7,887$6,569
5 years$7,284$6,936$6,606$6,292$5,995$4,744
6 years$6,009$5,664$5,338$5,032$4,744$3,559
7 years$5,099$4,756$4,436$4,137$3,858$2,739
8 years$4,416$4,077$3,762$3,471$3,201$2,147
9 years$3,886$3,550$3,240$2,956$2,695$1,705
10 years$3,462$3,129$2,825$2,548$2,297$1,368
11 years$3,115$2,785$2,487$2,218$1,975$1,106
12 years$2,826$2,500$2,207$1,945$1,712$900
13 years$2,582$2,259$1,972$1,717$1,493$735
14 years$2,373$2,054$1,772$1,524$1,308$603
15 years$2,192$1,876$1,600$1,360$1,152$496
16 years$2,034$1,721$1,450$1,217$1,018$410
17 years$1,894$1,585$1,320$1,094$903$339
18 years$1,770$1,465$1,205$986$803$280
19 years$1,659$1,358$1,103$891$715$232
20 years$1,560$1,262$1,012$807$639$193
21 years$1,470$1,175$931$732$572$160
22 years$1,388$1,097$858$666$513$133
23 years$1,314$1,026$792$606$460$111
24 years$1,246$961$733$553$414$92
25 years$1,183$902$679$505$372$77
26 years$1,126$848$629$462$335$64
27 years$1,072$798$585$423$302$53
28 years$1,023$752$543$387$273$45
29 years$977$709$506$355$246$37
30 years$934$670$471$326$223$31
31 years$894$633$439$299$201$26
32 years$857$599$410$275$182$22
33 years$822$567$383$253$165$18
34 years$789$538$357$233$149$15
35 years$758$510$334$214$135$13
36 years$729$484$313$197$122$10
37 years$701$460$293$182$111$9
38 years$675$437$274$168$101$7
39 years$651$416$257$154$91$6
40 years$628$395$241$142$83$5
41 years$605$376$226$131$75$4
42 years$584$358$212$121$68$4
43 years$564$341$199$112$62$3
44 years$545$325$186$103$56$2
45 years$527$310$175$96$51$2
46 years$510$296$164$88$46$2
47 years$493$283$154$82$42$1
48 years$478$270$145$75$38$1
49 years$463$258$136$70$35$1
50 years$448$246$128$64$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $459,000, adding $5,527 every year, while hoping to spend $27,984 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: 51/37/12 Blend
50$459,000$459,000$459,000$459,000
51$511,519$487,192$480,078$535,694
52$533,919$481,290$466,385$546,926
53$557,666$474,160$451,297$555,703
54$582,868$465,714$434,735$564,607
55$609,643$455,856$416,621$573,656
56$638,119$444,486$396,870$582,874
57$668,438$431,496$375,396$592,288
58$700,754$416,775$352,107$601,929
59$735,237$400,203$326,909$611,836
60$772,072$381,653$299,701$622,050
61$811,462$360,993$270,379$632,622
62$853,629$338,080$238,836$643,608
63$898,819$312,766$204,956$655,073
64$947,299$284,892$168,623$667,093
65$999,363$254,291$129,711$679,752
66$1,055,334$220,788$88,093$693,148
67$1,115,567$184,194$43,632$707,390
68$1,180,449$144,314$0$722,603
69$1,250,409$100,940$0$739,418
70$1,325,916$53,851$0$763,499
71$1,407,485$2,816$0$789,452
72$1,495,684$0$0$817,502
73$1,591,135$0$0$869,237
74$1,694,524$0$0$926,556
75$1,806,602$0$0$988,733
76$1,928,198$0$0$1,056,234
77$2,060,223$0$0$1,129,570
78$2,203,677$0$0$1,209,303
79$2,359,664$0$0$1,296,050
80$2,529,394$0$0$1,390,493
81$2,714,201$0$0$1,493,379
82$2,915,553$0$0$1,605,533
83$3,135,065$0$0$1,727,862
84$3,374,515$0$0$1,861,363
85$3,635,858$0$0$2,007,135
86$3,921,247$0$0$2,166,386
87$4,233,055$0$0$2,340,449
88$4,573,889$0$0$2,530,789
89$4,946,624$0$0$2,739,019
90$5,354,424$0$0$2,966,916
91$5,800,771$0$0$3,216,437
92$6,289,502$0$0$3,489,737
93$6,824,840$0$0$3,789,187
94$7,411,438$0$0$4,117,402
95$8,054,418$0$0$4,477,258
96$8,759,424$0$0$4,871,927
97$9,532,669$0$0$5,304,898
98$10,380,998$0$0$5,780,017
99$11,311,950$0$0$6,301,520
100$12,333,830$0$0$6,874,073