Can I retire at age 51 with 472,000?

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 $472,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$38,977$38,630$38,291$37,961$37,638$37,075
2 years$19,296$18,936$18,588$18,250$17,923$17,357
3 years$12,736$12,375$12,028$11,693$11,371$10,820
4 years$9,457$9,097$8,753$8,424$8,110$7,578
5 years$7,490$7,132$6,793$6,471$6,165$5,654
6 years$6,179$5,824$5,490$5,175$4,878$4,388
7 years$5,243$4,891$4,562$4,254$3,967$3,498
8 years$4,541$4,192$3,869$3,569$3,291$2,843
9 years$3,996$3,650$3,332$3,040$2,772$2,344
10 years$3,560$3,218$2,905$2,620$2,362$1,955
11 years$3,203$2,864$2,558$2,281$2,031$1,645
12 years$2,906$2,571$2,270$2,000$1,760$1,393
13 years$2,655$2,323$2,028$1,766$1,535$1,187
14 years$2,440$2,112$1,822$1,568$1,345$1,016
15 years$2,254$1,929$1,645$1,398$1,185$874
16 years$2,091$1,770$1,492$1,252$1,047$753
17 years$1,948$1,630$1,357$1,125$928$652
18 years$1,820$1,506$1,239$1,014$825$565
19 years$1,706$1,396$1,134$916$736$491
20 years$1,604$1,297$1,041$830$657$427
21 years$1,512$1,208$957$753$588$372
22 years$1,428$1,128$882$685$527$325
23 years$1,351$1,055$815$623$473$284
24 years$1,281$988$754$569$425$248
25 years$1,217$928$698$519$383$217
26 years$1,158$872$647$475$345$190
27 years$1,103$820$601$435$311$167
28 years$1,052$773$559$398$280$146
29 years$1,005$729$520$365$253$128
30 years$961$689$484$335$229$112
31 years$920$651$452$308$207$99
32 years$881$616$421$283$187$87
33 years$845$583$393$260$169$76
34 years$811$553$368$239$153$67
35 years$780$524$344$220$139$59
36 years$750$498$321$203$126$52
37 years$721$473$301$187$114$45
38 years$695$449$282$172$103$40
39 years$669$427$264$159$94$35
40 years$645$407$247$147$85$31
41 years$623$387$232$135$77$27
42 years$601$369$218$125$70$24
43 years$580$351$204$115$64$21
44 years$561$335$192$106$58$19
45 years$542$319$180$98$52$16
46 years$524$304$169$91$48$14
47 years$507$291$159$84$43$13
48 years$491$277$149$77$39$11
49 years$476$265$140$72$36$10
50 years$461$253$132$66$32$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $472,000, adding $2,378 every year, while hoping to spend $21,078 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: 49/44/7 Blend
50$472,000$472,000$472,000$472,000
51$522,597$497,581$490,265$547,142
52$553,475$499,536$484,262$566,122
53$586,796$500,880$477,351$584,287
54$622,787$501,561$469,481$603,521
55$661,698$501,523$460,595$623,927
56$703,802$500,709$450,636$645,624
57$749,401$499,055$439,543$668,739
58$798,827$496,495$427,254$693,418
59$852,442$492,959$413,703$719,820
60$910,649$488,372$398,820$748,121
61$973,888$482,654$382,532$778,519
62$1,042,643$475,723$364,766$811,229
63$1,117,447$467,488$345,440$846,495
64$1,198,888$457,856$324,474$884,582
65$1,287,612$446,728$301,780$925,788
66$1,384,327$433,997$277,269$970,441
67$1,489,817$419,551$250,846$1,018,906
68$1,604,942$403,273$222,413$1,071,584
69$1,730,650$385,037$191,868$1,128,922
70$1,867,983$364,710$159,102$1,191,415
71$2,018,089$342,153$124,003$1,259,610
72$2,182,232$317,217$86,456$1,334,112
73$2,361,805$289,745$46,337$1,415,592
74$2,558,339$259,572$3,519$1,504,793
75$2,773,521$226,524$0$1,602,534
76$3,009,211$190,414$0$1,712,874
77$3,267,454$151,047$0$1,834,152
78$3,550,504$108,218$0$1,967,227
79$3,860,842$61,708$0$2,113,339
80$4,201,203$11,287$0$2,273,858
81$4,574,597$0$0$2,450,296
82$4,984,341$0$0$2,665,286
83$5,434,088$0$0$2,907,316
84$5,927,861$0$0$3,173,093
85$6,470,093$0$0$3,465,011
86$7,065,667$0$0$3,785,705
87$7,719,961$0$0$4,138,078
88$8,438,902$0$0$4,525,329
89$9,229,017$0$0$4,950,983
90$10,097,499$0$0$5,418,922
91$11,052,270$0$0$5,933,423
92$12,102,059$0$0$6,499,199
93$13,256,485$0$0$7,121,442
94$14,526,142$0$0$7,805,873
95$15,922,705$0$0$8,558,793
96$17,459,038$0$0$9,387,149
97$19,149,310$0$0$10,298,590
98$21,009,139$0$0$11,301,548
99$23,055,728$0$0$12,405,312
100$25,308,034$0$0$13,620,116