Can I retire at age 51 with 482,000?

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 $482,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$39,803$39,449$39,103$38,765$38,435$37,250
2 years$19,705$19,338$18,982$18,637$18,303$17,118
3 years$13,006$12,637$12,283$11,941$11,612$10,466
4 years$9,657$9,290$8,939$8,603$8,282$7,184
5 years$7,649$7,283$6,937$6,608$6,296$5,248
6 years$6,310$5,947$5,606$5,284$4,982$3,985
7 years$5,354$4,995$4,658$4,344$4,051$3,106
8 years$4,637$4,281$3,951$3,644$3,361$2,466
9 years$4,080$3,728$3,403$3,104$2,830$1,985
10 years$3,635$3,286$2,967$2,676$2,412$1,615
11 years$3,271$2,925$2,612$2,329$2,074$1,325
12 years$2,968$2,625$2,318$2,043$1,797$1,093
13 years$2,711$2,373$2,071$1,803$1,567$907
14 years$2,492$2,157$1,861$1,601$1,374$756
15 years$2,302$1,970$1,680$1,428$1,210$632
16 years$2,135$1,808$1,523$1,278$1,069$529
17 years$1,989$1,665$1,386$1,149$948$445
18 years$1,859$1,538$1,265$1,035$843$374
19 years$1,743$1,426$1,158$935$751$316
20 years$1,638$1,325$1,063$847$671$267
21 years$1,544$1,234$978$769$601$225
22 years$1,458$1,152$901$699$538$191
23 years$1,380$1,077$832$637$483$161
24 years$1,308$1,009$770$581$434$137
25 years$1,243$947$713$530$391$116
26 years$1,182$890$661$485$352$98
27 years$1,126$838$614$444$317$83
28 years$1,074$789$571$407$286$71
29 years$1,026$745$531$373$259$60
30 years$981$703$495$342$234$51
31 years$939$665$461$314$211$43
32 years$900$629$430$289$191$37
33 years$863$596$402$266$173$31
34 years$829$565$375$244$157$27
35 years$796$536$351$225$142$23
36 years$766$508$328$207$128$19
37 years$737$483$307$191$116$16
38 years$709$459$288$176$106$14
39 years$683$436$270$162$96$12
40 years$659$415$253$150$87$10
41 years$636$395$237$138$79$9
42 years$614$376$222$127$71$7
43 years$593$359$209$118$65$6
44 years$573$342$196$109$59$5
45 years$554$326$184$100$53$4
46 years$535$311$173$93$49$4
47 years$518$297$162$86$44$3
48 years$502$283$152$79$40$3
49 years$486$271$143$73$36$2
50 years$471$258$135$68$33$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $482,000, adding $5,404 every year, while hoping to spend $36,698 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: 40/39/21 Blend
50$482,000$482,000$482,000$482,000
51$536,738$511,192$503,721$554,680
52$552,439$497,194$481,549$554,049
53$568,512$481,280$457,405$549,466
54$584,955$463,318$431,183$543,759
55$601,766$443,167$402,774$536,848
56$618,943$420,679$372,063$528,644
57$636,479$395,696$338,931$519,055
58$654,368$368,053$303,253$507,984
59$672,599$337,573$264,898$495,326
60$691,162$304,072$223,731$480,971
61$710,043$267,354$179,607$464,800
62$729,223$227,210$132,380$446,691
63$748,682$183,421$81,893$426,509
64$768,396$135,758$27,985$404,115
65$788,336$83,974$0$379,360
66$808,470$27,811$0$358,705
67$828,758$0$0$342,484
68$849,158$0$0$338,445
69$869,617$0$0$346,334
70$890,080$0$0$354,189
71$910,481$0$0$361,979
72$930,745$0$0$369,672
73$950,789$0$0$377,228
74$970,519$0$0$384,606
75$989,827$0$0$391,756
76$1,008,595$0$0$398,626
77$1,026,688$0$0$405,153
78$1,043,956$0$0$411,271
79$1,060,230$0$0$416,905
80$1,075,323$0$0$421,969
81$1,089,025$0$0$426,369
82$1,101,100$0$0$430,001
83$1,111,288$0$0$432,748
84$1,119,299$0$0$434,480
85$1,124,809$0$0$435,053
86$1,127,457$0$0$434,307
87$1,126,846$0$0$432,063
88$1,122,530$0$0$428,124
89$1,114,017$0$0$422,271
90$1,100,762$0$0$414,261
91$1,082,157$0$0$403,825
92$1,057,532$0$0$390,665
93$1,026,142$0$0$374,451
94$987,165$0$0$354,816
95$939,686$0$0$331,357
96$882,698$0$0$303,627
97$815,082$0$0$271,130
98$735,603$0$0$233,319
99$642,896$0$0$189,589
100$535,448$0$0$139,271