Can I retire at age 51 with 461,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.8%
1 years$38,069$37,730$37,399$37,076$36,761$36,332
2 years$18,846$18,495$18,155$17,825$17,505$17,073
3 years$12,439$12,087$11,747$11,421$11,106$10,685
4 years$9,236$8,885$8,549$8,228$7,921$7,513
5 years$7,315$6,966$6,634$6,320$6,021$5,629
6 years$6,035$5,688$5,362$5,054$4,764$4,387
7 years$5,121$4,777$4,456$4,155$3,875$3,513
8 years$4,435$4,095$3,779$3,486$3,215$2,869
9 years$3,903$3,565$3,255$2,969$2,707$2,377
10 years$3,477$3,143$2,837$2,559$2,307$1,992
11 years$3,128$2,798$2,498$2,227$1,984$1,684
12 years$2,838$2,511$2,217$1,954$1,719$1,434
13 years$2,593$2,269$1,981$1,725$1,499$1,228
14 years$2,383$2,063$1,780$1,531$1,314$1,057
15 years$2,201$1,884$1,607$1,365$1,157$914
16 years$2,042$1,729$1,457$1,223$1,023$792
17 years$1,902$1,592$1,326$1,099$907$689
18 years$1,778$1,471$1,210$990$806$601
19 years$1,667$1,364$1,108$895$719$525
20 years$1,567$1,267$1,017$810$642$459
21 years$1,476$1,180$935$735$574$403
22 years$1,395$1,102$862$669$515$354
23 years$1,320$1,030$796$609$462$311
24 years$1,251$965$736$555$415$273
25 years$1,189$906$682$507$374$241
26 years$1,131$851$632$464$337$212
27 years$1,077$801$587$424$304$187
28 years$1,027$755$546$389$274$165
29 years$981$712$508$357$247$146
30 years$938$673$473$327$223$129
31 years$898$636$441$301$202$114
32 years$861$602$411$276$183$101
33 years$826$570$384$254$165$89
34 years$793$540$359$234$150$79
35 years$761$512$336$215$136$70
36 years$732$486$314$198$123$62
37 years$705$462$294$183$111$55
38 years$678$439$275$168$101$48
39 years$654$417$258$155$92$43
40 years$630$397$242$143$83$38
41 years$608$378$227$132$75$34
42 years$587$360$213$122$68$30
43 years$567$343$199$112$62$26
44 years$548$327$187$104$56$23
45 years$530$312$176$96$51$21
46 years$512$297$165$89$46$18
47 years$496$284$155$82$42$16
48 years$480$271$146$76$38$14
49 years$465$259$137$70$35$13
50 years$450$247$129$65$32$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $461,000, adding $3,533 every year, while hoping to spend $34,973 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: 83/9/8 Blend
50$461,000$461,000$461,000$461,000
51$511,666$487,233$480,088$553,360
52$526,645$473,897$458,960$567,803
53$541,980$458,735$435,952$578,603
54$557,670$441,620$410,964$589,383
55$573,713$422,420$383,892$600,120
56$590,105$400,993$354,626$610,789
57$606,843$377,189$323,054$621,363
58$623,920$350,850$289,054$631,810
59$641,326$321,808$252,504$642,096
60$659,052$289,887$213,273$652,186
61$677,083$254,899$171,226$662,036
62$695,404$216,648$126,221$671,603
63$713,995$174,924$78,109$680,838
64$732,834$129,506$26,737$689,685
65$751,894$80,163$0$698,085
66$771,144$26,647$0$708,371
67$790,548$0$0$720,665
68$810,064$0$0$735,717
69$829,646$0$0$753,464
70$849,239$0$0$771,216
71$868,783$0$0$788,916
72$888,207$0$0$806,502
73$907,432$0$0$823,901
74$926,370$0$0$841,031
75$944,921$0$0$857,801
76$962,973$0$0$874,108
77$980,397$0$0$889,835
78$997,055$0$0$904,853
79$1,012,785$0$0$919,018
80$1,027,413$0$0$932,166
81$1,040,739$0$0$944,116
82$1,052,543$0$0$954,667
83$1,062,578$0$0$963,592
84$1,070,572$0$0$970,642
85$1,076,219$0$0$975,538
86$1,079,180$0$0$977,968
87$1,079,079$0$0$977,588
88$1,075,496$0$0$974,015
89$1,067,969$0$0$966,824
90$1,055,980$0$0$955,544
91$1,038,960$0$0$939,651
92$1,016,275$0$0$918,566
93$987,223$0$0$891,648
94$951,028$0$0$858,184
95$906,828$0$0$817,389
96$853,672$0$0$768,390
97$790,506$0$0$710,223
98$716,165$0$0$641,822
99$629,359$0$0$562,007
100$528,663$0$0$469,476