Can I retire at age 51 with 466,000?

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 $466,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$38,482$38,139$37,805$37,478$37,159$36,559
2 years$19,050$18,696$18,352$18,018$17,695$17,092
3 years$12,574$12,218$11,875$11,545$11,226$10,639
4 years$9,337$8,981$8,642$8,317$8,007$7,440
5 years$7,395$7,042$6,706$6,388$6,087$5,542
6 years$6,100$5,750$5,420$5,109$4,816$4,294
7 years$5,176$4,829$4,504$4,200$3,917$3,418
8 years$4,484$4,139$3,820$3,524$3,249$2,773
9 years$3,945$3,604$3,290$3,001$2,736$2,283
10 years$3,514$3,177$2,868$2,587$2,332$1,900
11 years$3,162$2,828$2,525$2,252$2,005$1,595
12 years$2,869$2,538$2,241$1,975$1,738$1,349
13 years$2,621$2,294$2,002$1,744$1,515$1,147
14 years$2,409$2,085$1,799$1,548$1,328$980
15 years$2,225$1,905$1,624$1,380$1,170$841
16 years$2,065$1,748$1,473$1,236$1,034$723
17 years$1,923$1,609$1,340$1,110$917$624
18 years$1,797$1,487$1,223$1,001$815$540
19 years$1,685$1,378$1,120$904$726$468
20 years$1,584$1,281$1,028$819$649$406
21 years$1,493$1,193$945$743$581$353
22 years$1,410$1,114$871$676$520$308
23 years$1,334$1,042$804$615$467$268
24 years$1,265$976$744$561$420$234
25 years$1,201$916$689$513$378$204
26 years$1,143$861$639$469$340$178
27 years$1,089$810$593$429$307$156
28 years$1,039$763$552$393$277$136
29 years$992$720$513$360$250$119
30 years$949$680$478$331$226$105
31 years$908$643$446$304$204$92
32 years$870$608$416$279$185$80
33 years$835$576$388$257$167$70
34 years$801$546$363$236$151$62
35 years$770$518$339$217$137$54
36 years$740$491$317$200$124$47
37 years$712$467$297$185$113$42
38 years$686$444$278$170$102$36
39 years$661$422$261$157$93$32
40 years$637$401$244$145$84$28
41 years$615$382$229$133$76$25
42 years$593$364$215$123$69$22
43 years$573$347$202$114$63$19
44 years$554$330$189$105$57$17
45 years$535$315$178$97$52$15
46 years$518$301$167$90$47$13
47 years$501$287$157$83$43$11
48 years$485$274$147$76$39$10
49 years$470$262$138$71$35$9
50 years$455$250$130$65$32$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $466,000, adding $5,098 every year, while hoping to spend $38,167 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: 31/48/21 Blend
50$466,000$466,000$466,000$466,000
51$518,791$494,093$486,870$531,356
52$531,098$477,694$462,570$524,881
53$543,381$459,212$436,178$514,123
54$555,598$438,505$407,582$501,746
55$567,700$415,423$376,667$487,632
56$579,632$389,806$343,312$471,658
57$591,334$361,485$307,392$453,689
58$602,735$330,283$268,774$433,585
59$613,758$296,011$227,322$411,193
60$624,316$258,470$182,892$386,354
61$634,311$217,451$135,335$358,894
62$643,636$172,730$84,493$328,633
63$652,166$124,074$30,203$295,373
64$659,768$71,234$0$258,908
65$666,289$13,950$0$225,230
66$671,561$0$0$195,513
67$675,396$0$0$188,155
68$677,585$0$0$187,562
69$677,896$0$0$186,285
70$676,072$0$0$184,235
71$671,826$0$0$181,312
72$664,841$0$0$177,408
73$654,765$0$0$172,400
74$641,208$0$0$166,153
75$623,737$0$0$158,519
76$601,874$0$0$149,331
77$575,088$0$0$138,407
78$542,792$0$0$125,546
79$504,336$0$0$110,522
80$459,003$0$0$93,090
81$405,998$0$0$72,975
82$344,441$0$0$49,876
83$273,362$0$0$23,458
84$191,688$0$0$0
85$98,232$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