Can I retire at age 51 with 466,000?

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 $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%17.9%
1 years$38,482$38,139$37,805$37,478$37,159$35,970
2 years$19,050$18,696$18,352$18,018$17,695$16,508
3 years$12,574$12,218$11,875$11,545$11,226$10,078
4 years$9,337$8,981$8,642$8,317$8,007$6,907
5 years$7,395$7,042$6,706$6,388$6,087$5,038
6 years$6,100$5,750$5,420$5,109$4,816$3,819
7 years$5,176$4,829$4,504$4,200$3,917$2,972
8 years$4,484$4,139$3,820$3,524$3,249$2,355
9 years$3,945$3,604$3,290$3,001$2,736$1,893
10 years$3,514$3,177$2,868$2,587$2,332$1,537
11 years$3,162$2,828$2,525$2,252$2,005$1,258
12 years$2,869$2,538$2,241$1,975$1,738$1,036
13 years$2,621$2,294$2,002$1,744$1,515$858
14 years$2,409$2,085$1,799$1,548$1,328$713
15 years$2,225$1,905$1,624$1,380$1,170$595
16 years$2,065$1,748$1,473$1,236$1,034$498
17 years$1,923$1,609$1,340$1,110$917$417
18 years$1,797$1,487$1,223$1,001$815$350
19 years$1,685$1,378$1,120$904$726$295
20 years$1,584$1,281$1,028$819$649$248
21 years$1,493$1,193$945$743$581$209
22 years$1,410$1,114$871$676$520$177
23 years$1,334$1,042$804$615$467$149
24 years$1,265$976$744$561$420$126
25 years$1,201$916$689$513$378$107
26 years$1,143$861$639$469$340$90
27 years$1,089$810$593$429$307$76
28 years$1,039$763$552$393$277$65
29 years$992$720$513$360$250$55
30 years$949$680$478$331$226$46
31 years$908$643$446$304$204$39
32 years$870$608$416$279$185$33
33 years$835$576$388$257$167$28
34 years$801$546$363$236$151$24
35 years$770$518$339$217$137$20
36 years$740$491$317$200$124$17
37 years$712$467$297$185$113$15
38 years$686$444$278$170$102$12
39 years$661$422$261$157$93$10
40 years$637$401$244$145$84$9
41 years$615$382$229$133$76$8
42 years$593$364$215$123$69$6
43 years$573$347$202$114$63$5
44 years$554$330$189$105$57$5
45 years$535$315$178$97$52$4
46 years$518$301$167$90$47$3
47 years$501$287$157$83$43$3
48 years$485$274$147$76$39$2
49 years$470$262$138$71$35$2
50 years$455$250$130$65$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $466,000, adding $5,140 every year, while hoping to spend $35,076 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: 68/11/21 Blend
50$466,000$466,000$466,000$466,000
51$518,834$494,136$486,913$551,055
52$534,434$481,028$465,904$560,159
53$550,450$466,102$443,015$565,567
54$566,888$449,232$418,148$570,640
55$583,751$430,285$391,196$575,343
56$601,043$409,119$362,051$579,639
57$618,769$385,585$330,599$583,489
58$636,930$359,525$296,721$586,851
59$655,527$330,773$260,291$589,678
60$674,561$299,150$221,181$591,923
61$694,029$264,472$179,253$593,534
62$713,929$226,540$134,367$594,455
63$734,255$185,146$86,375$594,625
64$755,002$140,071$35,121$593,982
65$776,159$91,081$0$592,456
66$797,714$37,931$0$594,360
67$819,654$0$0$603,912
68$841,959$0$0$615,566
69$864,609$0$0$632,055
70$887,577$0$0$648,767
71$910,833$0$0$665,679
72$934,342$0$0$682,765
73$958,063$0$0$699,993
74$981,949$0$0$717,327
75$1,005,945$0$0$734,726
76$1,029,990$0$0$752,143
77$1,054,013$0$0$769,524
78$1,077,933$0$0$786,809
79$1,101,660$0$0$803,930
80$1,125,092$0$0$820,807
81$1,148,112$0$0$837,355
82$1,170,590$0$0$853,475
83$1,192,380$0$0$869,057
84$1,213,318$0$0$883,976
85$1,233,220$0$0$898,095
86$1,251,881$0$0$911,259
87$1,269,070$0$0$923,294
88$1,284,532$0$0$934,008
89$1,297,981$0$0$943,186
90$1,309,097$0$0$950,588
91$1,317,528$0$0$955,948
92$1,322,878$0$0$958,969
93$1,324,708$0$0$959,323
94$1,322,533$0$0$956,642
95$1,315,811$0$0$950,520
96$1,303,942$0$0$940,509
97$1,286,262$0$0$926,106
98$1,262,031$0$0$906,759
99$1,230,433$0$0$881,853
100$1,190,561$0$0$850,709