Can I retire at age 51 with 484,000?

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 $484,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$39,968$39,612$39,265$38,926$38,595$37,662
2 years$19,786$19,418$19,061$18,714$18,378$17,444
3 years$13,060$12,690$12,333$11,990$11,660$10,754
4 years$9,697$9,328$8,976$8,638$8,316$7,444
5 years$7,680$7,313$6,965$6,635$6,322$5,487
6 years$6,336$5,972$5,629$5,306$5,002$4,206
7 years$5,376$5,015$4,678$4,363$4,068$3,310
8 years$4,657$4,299$3,967$3,660$3,375$2,655
9 years$4,097$3,743$3,417$3,117$2,842$2,159
10 years$3,650$3,299$2,979$2,687$2,422$1,775
11 years$3,285$2,937$2,623$2,339$2,083$1,472
12 years$2,980$2,636$2,328$2,051$1,805$1,228
13 years$2,723$2,382$2,079$1,811$1,574$1,031
14 years$2,502$2,166$1,868$1,608$1,380$869
15 years$2,311$1,978$1,687$1,434$1,215$735
16 years$2,144$1,815$1,529$1,284$1,074$624
17 years$1,997$1,672$1,392$1,153$952$531
18 years$1,867$1,545$1,270$1,039$846$452
19 years$1,750$1,432$1,163$939$754$386
20 years$1,645$1,330$1,067$851$674$330
21 years$1,550$1,239$982$772$603$283
22 years$1,464$1,157$905$702$541$242
23 years$1,386$1,082$835$639$485$208
24 years$1,314$1,014$773$583$436$179
25 years$1,248$951$716$532$392$154
26 years$1,187$894$664$487$353$132
27 years$1,131$841$616$446$319$114
28 years$1,079$793$573$408$288$98
29 years$1,030$748$533$374$260$84
30 years$985$706$497$344$235$72
31 years$943$668$463$316$212$62
32 years$904$632$432$290$192$54
33 years$867$598$403$267$174$46
34 years$832$567$377$245$157$40
35 years$799$538$352$226$142$34
36 years$769$510$330$208$129$30
37 years$740$485$309$192$117$26
38 years$712$461$289$177$106$22
39 years$686$438$271$163$96$19
40 years$662$417$254$150$87$16
41 years$638$397$238$139$79$14
42 years$616$378$223$128$72$12
43 years$595$360$209$118$65$11
44 years$575$343$197$109$59$9
45 years$556$327$185$101$54$8
46 years$538$312$173$93$49$7
47 years$520$298$163$86$44$6
48 years$504$284$153$79$40$5
49 years$488$272$144$73$37$4
50 years$473$259$135$68$33$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $484,000, adding $6,916 every year, while hoping to spend $36,675 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: 73/13/14 Blend
50$484,000$484,000$484,000$484,000
51$540,502$514,850$507,348$577,820
52$556,611$501,056$485,322$589,659
53$573,134$485,356$461,329$597,444
54$590,075$467,620$435,265$604,990
55$607,436$447,706$407,019$612,266
56$625,218$425,468$376,479$619,235
57$643,423$400,748$343,523$625,860
58$662,050$373,382$308,028$632,099
59$681,095$343,194$269,864$637,908
60$700,556$310,000$228,894$643,240
61$720,427$273,604$184,976$648,042
62$740,700$233,800$137,961$652,259
63$761,364$190,369$87,696$655,830
64$782,407$143,081$34,018$658,691
65$803,813$91,693$0$660,771
66$825,563$35,947$0$665,470
67$847,634$0$0$674,880
68$869,999$0$0$687,346
69$892,626$0$0$705,154
70$915,478$0$0$723,131
71$938,514$0$0$741,242
72$961,683$0$0$759,447
73$984,929$0$0$777,701
74$1,008,189$0$0$795,952
75$1,031,390$0$0$814,141
76$1,054,449$0$0$832,200
77$1,077,273$0$0$850,055
78$1,099,755$0$0$867,619
79$1,121,777$0$0$884,797
80$1,143,206$0$0$901,480
81$1,163,892$0$0$917,548
82$1,183,666$0$0$932,864
83$1,202,340$0$0$947,278
84$1,219,704$0$0$960,618
85$1,235,523$0$0$972,695
86$1,249,535$0$0$983,298
87$1,261,447$0$0$992,191
88$1,270,936$0$0$999,113
89$1,277,638$0$0$1,003,770
90$1,281,151$0$0$1,005,839
91$1,281,028$0$0$1,004,959
92$1,276,772$0$0$1,000,730
93$1,267,833$0$0$992,707
94$1,253,597$0$0$980,398
95$1,233,388$0$0$963,256
96$1,206,453$0$0$940,676
97$1,171,959$0$0$911,986
98$1,128,984$0$0$876,444
99$1,076,506$0$0$833,227
100$1,013,395$0$0$781,424