Can I retire at age 51 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$38,069$37,730$37,399$37,076$36,761$36,590
2 years$18,846$18,495$18,155$17,825$17,505$17,333
3 years$12,439$12,087$11,747$11,421$11,106$10,938
4 years$9,236$8,885$8,549$8,228$7,921$7,758
5 years$7,315$6,966$6,634$6,320$6,021$5,864
6 years$6,035$5,688$5,362$5,054$4,764$4,613
7 years$5,121$4,777$4,456$4,155$3,875$3,729
8 years$4,435$4,095$3,779$3,486$3,215$3,074
9 years$3,903$3,565$3,255$2,969$2,707$2,572
10 years$3,477$3,143$2,837$2,559$2,307$2,178
11 years$3,128$2,798$2,498$2,227$1,984$1,860
12 years$2,838$2,511$2,217$1,954$1,719$1,601
13 years$2,593$2,269$1,981$1,725$1,499$1,387
14 years$2,383$2,063$1,780$1,531$1,314$1,207
15 years$2,201$1,884$1,607$1,365$1,157$1,055
16 years$2,042$1,729$1,457$1,223$1,023$926
17 years$1,902$1,592$1,326$1,099$907$815
18 years$1,778$1,471$1,210$990$806$719
19 years$1,667$1,364$1,108$895$719$636
20 years$1,567$1,267$1,017$810$642$563
21 years$1,476$1,180$935$735$574$500
22 years$1,395$1,102$862$669$515$445
23 years$1,320$1,030$796$609$462$396
24 years$1,251$965$736$555$415$353
25 years$1,189$906$682$507$374$315
26 years$1,131$851$632$464$337$281
27 years$1,077$801$587$424$304$251
28 years$1,027$755$546$389$274$225
29 years$981$712$508$357$247$201
30 years$938$673$473$327$223$180
31 years$898$636$441$301$202$162
32 years$861$602$411$276$183$145
33 years$826$570$384$254$165$130
34 years$793$540$359$234$150$117
35 years$761$512$336$215$136$105
36 years$732$486$314$198$123$94
37 years$705$462$294$183$111$84
38 years$678$439$275$168$101$76
39 years$654$417$258$155$92$68
40 years$630$397$242$143$83$61
41 years$608$378$227$132$75$55
42 years$587$360$213$122$68$49
43 years$567$343$199$112$62$44
44 years$548$327$187$104$56$40
45 years$530$312$176$96$51$36
46 years$512$297$165$89$46$32
47 years$496$284$155$82$42$29
48 years$480$271$146$76$38$26
49 years$465$259$137$70$35$24
50 years$450$247$129$65$32$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $461,000, adding $5,457 every year, while hoping to spend $43,276 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: 57/32/11 Blend
50$461,000$461,000$461,000$461,000
51$513,651$489,218$482,072$541,233
52$519,998$467,144$452,176$538,417
53$525,542$442,539$419,829$530,075
54$530,155$415,231$384,901$519,951
55$533,696$385,042$347,260$507,882
56$536,006$351,782$306,766$493,688
57$536,910$315,251$263,274$477,176
58$536,212$275,235$216,631$458,133
59$533,696$231,512$166,678$436,333
60$529,121$183,844$113,250$411,523
61$522,220$131,982$56,173$383,435
62$512,699$75,661$0$351,773
63$500,228$14,602$0$316,772
64$484,445$0$0$284,599
65$464,948$0$0$266,427
66$441,292$0$0$250,761
67$412,983$0$0$232,146
68$379,477$0$0$210,241
69$340,172$0$0$184,666
70$294,400$0$0$155,001
71$241,424$0$0$120,782
72$180,430$0$0$81,497
73$110,518$0$0$36,580
74$30,693$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