Can I retire at age 51 with 485,000?

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 $485,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$40,051$39,694$39,346$39,006$38,675$38,128
2 years$19,827$19,458$19,100$18,753$18,416$17,867
3 years$13,087$12,716$12,359$12,015$11,684$11,149
4 years$9,717$9,348$8,994$8,656$8,333$7,816
5 years$7,696$7,329$6,980$6,649$6,335$5,837
6 years$6,349$5,984$5,641$5,317$5,013$4,535
7 years$5,387$5,026$4,687$4,372$4,077$3,620
8 years$4,666$4,308$3,975$3,667$3,382$2,945
9 years$4,106$3,751$3,424$3,124$2,848$2,432
10 years$3,658$3,306$2,985$2,693$2,427$2,030
11 years$3,291$2,943$2,628$2,343$2,087$1,710
12 years$2,986$2,642$2,332$2,055$1,809$1,451
13 years$2,728$2,387$2,084$1,815$1,577$1,238
14 years$2,507$2,170$1,872$1,611$1,382$1,061
15 years$2,316$1,982$1,690$1,437$1,217$913
16 years$2,149$1,819$1,533$1,286$1,076$789
17 years$2,001$1,675$1,395$1,156$954$683
18 years$1,870$1,548$1,273$1,042$848$593
19 years$1,753$1,434$1,165$941$756$516
20 years$1,648$1,333$1,070$852$675$449
21 years$1,553$1,242$984$774$604$392
22 years$1,467$1,159$907$703$542$343
23 years$1,388$1,084$837$641$486$300
24 years$1,317$1,016$774$584$437$263
25 years$1,250$953$717$534$393$230
26 years$1,189$896$665$488$354$202
27 years$1,133$843$618$447$319$177
28 years$1,081$794$574$409$288$156
29 years$1,032$749$534$375$260$137
30 years$987$708$498$344$235$120
31 years$945$669$464$316$213$106
32 years$906$633$433$291$192$93
33 years$869$600$404$267$174$82
34 years$834$568$378$246$158$72
35 years$801$539$353$226$143$63
36 years$770$512$330$208$129$56
37 years$741$486$309$192$117$49
38 years$714$462$290$177$106$43
39 years$688$439$271$163$96$38
40 years$663$418$254$151$87$34
41 years$640$398$238$139$79$30
42 years$617$379$224$128$72$26
43 years$596$361$210$118$65$23
44 years$576$344$197$109$59$20
45 years$557$328$185$101$54$18
46 years$539$313$174$93$49$16
47 years$521$299$163$86$44$14
48 years$505$285$153$80$40$12
49 years$489$272$144$74$37$11
50 years$474$260$136$68$33$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $485,000, adding $3,275 every year, while hoping to spend $32,943 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: 57/35/8 Blend
50$485,000$485,000$485,000$485,000
51$537,848$512,143$504,626$567,336
52$557,658$502,187$486,480$577,620
53$578,383$490,639$466,621$584,843
54$600,084$477,386$444,959$591,906
55$622,824$462,309$421,396$598,798
56$646,672$445,282$395,833$605,507
57$671,702$426,170$368,162$612,022
58$697,995$404,833$338,276$618,334
59$725,641$381,120$306,058$624,433
60$754,735$354,873$271,390$630,312
61$785,381$325,925$234,145$635,965
62$817,694$294,099$194,192$641,387
63$851,797$259,208$151,396$646,577
64$887,825$221,054$105,613$651,536
65$925,926$179,429$56,694$656,266
66$966,262$134,112$4,484$660,776
67$1,009,007$84,870$0$665,078
68$1,054,354$31,457$0$673,560
69$1,102,512$0$0$682,564
70$1,153,713$0$0$701,915
71$1,208,206$0$0$735,426
72$1,266,267$0$0$771,157
73$1,328,198$0$0$809,294
74$1,394,327$0$0$850,046
75$1,465,018$0$0$893,637
76$1,540,666$0$0$940,316
77$1,621,705$0$0$990,356
78$1,708,613$0$0$1,044,055
79$1,801,913$0$0$1,101,741
80$1,902,179$0$0$1,163,773
81$2,010,040$0$0$1,230,547
82$2,126,189$0$0$1,302,496
83$2,251,386$0$0$1,380,096
84$2,386,466$0$0$1,463,871
85$2,532,345$0$0$1,554,395
86$2,690,030$0$0$1,652,302
87$2,860,631$0$0$1,758,284
88$3,045,363$0$0$1,873,106
89$3,245,566$0$0$1,997,608
90$3,462,712$0$0$2,132,712
91$3,698,418$0$0$2,279,435
92$3,954,466$0$0$2,438,892
93$4,232,813$0$0$2,612,313
94$4,535,613$0$0$2,801,050
95$4,865,237$0$0$3,006,590
96$5,224,294$0$0$3,230,569
97$5,615,652$0$0$3,474,790
98$6,042,471$0$0$3,741,234
99$6,508,227$0$0$4,032,084
100$7,016,747$0$0$4,349,742