Can I retire at age 51 with 465,000?

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 $465,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$38,399$38,057$37,724$37,398$37,080$36,632
2 years$19,010$18,656$18,312$17,980$17,657$17,206
3 years$12,547$12,192$11,849$11,520$11,202$10,762
4 years$9,317$8,962$8,623$8,299$7,990$7,564
5 years$7,379$7,026$6,692$6,375$6,074$5,664
6 years$6,087$5,738$5,408$5,098$4,806$4,413
7 years$5,165$4,818$4,494$4,191$3,908$3,532
8 years$4,474$4,130$3,811$3,516$3,242$2,882
9 years$3,937$3,596$3,283$2,995$2,731$2,386
10 years$3,507$3,170$2,862$2,582$2,327$1,998
11 years$3,156$2,822$2,520$2,247$2,001$1,688
12 years$2,863$2,533$2,236$1,971$1,734$1,437
13 years$2,616$2,289$1,998$1,740$1,512$1,230
14 years$2,404$2,081$1,795$1,544$1,325$1,058
15 years$2,220$1,901$1,621$1,377$1,167$914
16 years$2,060$1,744$1,469$1,233$1,031$792
17 years$1,919$1,606$1,337$1,108$915$688
18 years$1,793$1,484$1,221$999$813$600
19 years$1,681$1,375$1,117$902$725$523
20 years$1,580$1,278$1,025$817$647$458
21 years$1,489$1,190$943$742$579$401
22 years$1,407$1,111$869$674$519$352
23 years$1,331$1,039$803$614$466$309
24 years$1,262$974$742$560$419$272
25 years$1,199$914$688$512$377$239
26 years$1,140$859$638$468$340$211
27 years$1,086$808$592$428$306$186
28 years$1,036$762$550$392$276$164
29 years$990$719$512$360$249$144
30 years$947$679$477$330$225$127
31 years$906$641$445$303$204$112
32 years$868$607$415$279$184$99
33 years$833$575$388$256$167$88
34 years$799$545$362$236$151$78
35 years$768$517$339$217$137$69
36 years$739$490$317$200$124$61
37 years$711$466$296$184$112$54
38 years$684$443$278$170$102$47
39 years$659$421$260$157$92$42
40 years$636$400$244$144$84$37
41 years$613$381$229$133$76$33
42 years$592$363$214$123$69$29
43 years$572$346$201$113$63$26
44 years$552$330$189$105$57$23
45 years$534$314$177$97$52$20
46 years$517$300$167$89$47$18
47 years$500$286$156$83$43$16
48 years$484$273$147$76$39$14
49 years$469$261$138$71$35$12
50 years$454$249$130$65$32$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $465,000, adding $5,175 every year, while hoping to spend $42,532 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: 58/31/11 Blend
50$465,000$465,000$465,000$465,000
51$517,768$493,123$485,916$546,120
52$525,327$472,032$456,940$544,747
53$532,231$448,483$425,568$538,046
54$538,369$422,309$391,675$529,719
55$543,616$393,336$355,130$519,615
56$547,834$361,378$315,796$507,569
57$550,868$326,241$273,531$493,403
58$552,548$287,718$228,185$476,924
59$552,682$245,590$179,603$457,921
60$551,058$199,626$127,622$436,165
61$547,441$149,584$72,073$411,408
62$541,572$95,205$12,779$383,379
63$533,159$36,217$0$351,784
64$521,884$0$0$322,230
65$507,390$0$0$299,865
66$489,285$0$0$287,523
67$467,132$0$0$272,570
68$440,450$0$0$254,697
69$408,705$0$0$233,562
70$371,307$0$0$208,787
71$327,603$0$0$179,954
72$276,871$0$0$146,601
73$218,314$0$0$108,218
74$151,051$0$0$64,239
75$74,106$0$0$14,041
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