Can I retire at age 51 with 479,000?

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 $479,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$39,555$39,203$38,859$38,524$38,196$37,410
2 years$19,582$19,217$18,864$18,521$18,189$17,400
3 years$12,925$12,559$12,206$11,867$11,540$10,773
4 years$9,597$9,232$8,883$8,549$8,230$7,492
5 years$7,601$7,238$6,893$6,567$6,256$5,548
6 years$6,271$5,910$5,571$5,251$4,951$4,274
7 years$5,321$4,963$4,630$4,317$4,026$3,380
8 years$4,609$4,255$3,926$3,622$3,340$2,725
9 years$4,055$3,704$3,382$3,085$2,813$2,229
10 years$3,612$3,265$2,948$2,659$2,397$1,843
11 years$3,251$2,907$2,596$2,314$2,061$1,536
12 years$2,949$2,609$2,303$2,030$1,786$1,290
13 years$2,694$2,358$2,058$1,792$1,558$1,089
14 years$2,476$2,143$1,849$1,591$1,365$924
15 years$2,287$1,958$1,670$1,419$1,202$786
16 years$2,122$1,796$1,514$1,270$1,062$671
17 years$1,977$1,654$1,377$1,141$942$575
18 years$1,847$1,529$1,257$1,029$838$493
19 years$1,732$1,417$1,151$929$747$424
20 years$1,628$1,317$1,056$842$667$365
21 years$1,534$1,226$972$764$597$315
22 years$1,449$1,145$896$695$535$272
23 years$1,371$1,071$827$633$480$235
24 years$1,300$1,003$765$577$432$203
25 years$1,235$941$708$527$388$176
26 years$1,175$885$657$482$350$152
27 years$1,119$833$610$441$315$132
28 years$1,068$785$567$404$285$114
29 years$1,020$740$528$371$257$99
30 years$975$699$492$340$232$86
31 years$933$661$458$312$210$75
32 years$894$625$428$287$190$65
33 years$858$592$399$264$172$56
34 years$823$561$373$243$156$49
35 years$791$532$349$224$141$42
36 years$761$505$326$206$128$37
37 years$732$480$305$190$116$32
38 years$705$456$286$175$105$28
39 years$679$434$268$161$95$24
40 years$655$413$251$149$86$21
41 years$632$393$235$137$78$18
42 years$610$374$221$127$71$16
43 years$589$356$207$117$64$14
44 years$569$340$195$108$59$12
45 years$550$324$183$100$53$10
46 years$532$309$172$92$48$9
47 years$515$295$161$85$44$8
48 years$498$282$151$79$40$7
49 years$483$269$142$73$36$6
50 years$468$257$134$67$33$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $479,000, adding $3,769 every year, while hoping to spend $22,416 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: 54/22/24 Blend
50$479,000$479,000$479,000$479,000
51$531,746$506,359$498,934$556,757
52$562,133$507,320$491,798$575,342
53$594,869$507,577$483,672$592,921
54$630,169$507,071$474,498$611,593
55$668,270$505,742$464,217$631,468
56$709,433$503,523$452,768$652,672
57$753,944$500,344$440,085$675,343
58$802,118$496,132$426,099$699,635
59$854,301$490,810$410,740$725,716
60$910,873$484,292$393,933$753,777
61$972,252$476,493$375,600$784,027
62$1,038,899$467,318$355,660$816,697
63$1,111,319$456,670$334,027$852,045
64$1,190,070$444,442$310,613$890,357
65$1,275,763$430,526$285,324$931,947
66$1,369,072$414,803$258,064$977,167
67$1,470,739$397,150$228,731$1,026,403
68$1,581,580$377,436$197,219$1,080,085
69$1,702,493$355,522$163,417$1,138,687
70$1,834,466$331,261$127,210$1,202,736
71$1,978,587$304,498$88,478$1,272,813
72$2,136,054$275,070$47,093$1,349,562
73$2,308,186$242,803$2,925$1,433,695
74$2,496,434$207,513$0$1,526,000
75$2,702,397$169,008$0$1,638,670
76$2,927,835$127,083$0$1,762,882
77$3,174,687$81,523$0$1,898,988
78$3,445,085$32,098$0$2,048,207
79$3,741,382$0$0$2,211,881
80$4,066,166$0$0$2,396,679
81$4,422,287$0$0$2,607,875
82$4,812,885$0$0$2,839,564
83$5,241,420$0$0$3,093,806
84$5,711,700$0$0$3,372,864
85$6,227,922$0$0$3,679,237
86$6,794,708$0$0$4,015,673
87$7,417,150$0$0$4,385,203
88$8,100,856$0$0$4,791,162
89$8,852,006$0$0$5,237,227
90$9,677,406$0$0$5,727,447
91$10,584,555$0$0$6,266,285
92$11,581,715$0$0$6,858,656
93$12,677,988$0$0$7,509,974
94$13,883,402$0$0$8,226,207
95$15,209,004$0$0$9,013,926
96$16,666,966$0$0$9,880,376
97$18,270,699$0$0$10,833,535
98$20,034,981$0$0$11,882,195
99$21,976,090$0$0$13,036,044
100$24,111,964$0$0$14,305,753