Can I retire at age 51 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$43,437$43,050$42,672$42,304$41,944$41,471
2 years$21,503$21,103$20,715$20,338$19,973$19,498
3 years$14,193$13,791$13,404$13,031$12,672$12,208
4 years$10,539$10,138$9,755$9,388$9,038$8,589
5 years$8,347$7,948$7,570$7,211$6,870$6,438
6 years$6,886$6,490$6,118$5,767$5,436$5,021
7 years$5,843$5,451$5,084$4,741$4,421$4,023
8 years$5,061$4,672$4,311$3,977$3,668$3,287
9 years$4,453$4,068$3,713$3,388$3,089$2,725
10 years$3,967$3,586$3,237$2,920$2,632$2,284
11 years$3,570$3,192$2,850$2,541$2,263$1,933
12 years$3,239$2,865$2,529$2,229$1,961$1,647
13 years$2,959$2,589$2,260$1,968$1,710$1,411
14 years$2,719$2,353$2,031$1,747$1,499$1,216
15 years$2,512$2,150$1,833$1,558$1,320$1,051
16 years$2,330$1,973$1,662$1,395$1,167$912
17 years$2,171$1,817$1,513$1,253$1,035$794
18 years$2,029$1,679$1,381$1,130$920$693
19 years$1,902$1,556$1,264$1,021$820$606
20 years$1,788$1,446$1,160$924$732$531
21 years$1,685$1,347$1,067$839$655$466
22 years$1,591$1,257$983$763$587$409
23 years$1,506$1,176$908$695$527$360
24 years$1,428$1,102$840$634$474$317
25 years$1,356$1,034$778$579$426$279
26 years$1,290$972$721$529$384$246
27 years$1,229$914$670$484$346$217
28 years$1,172$862$623$444$313$192
29 years$1,120$813$579$407$282$170
30 years$1,071$768$540$373$255$150
31 years$1,025$726$503$343$231$133
32 years$982$687$469$315$209$117
33 years$942$650$438$290$189$104
34 years$904$616$410$267$171$92
35 years$869$584$383$245$155$81
36 years$835$555$358$226$140$72
37 years$804$527$335$208$127$64
38 years$774$501$314$192$115$57
39 years$746$476$294$177$104$50
40 years$719$453$276$163$95$44
41 years$694$431$259$151$86$39
42 years$670$411$243$139$78$35
43 years$647$391$228$128$71$31
44 years$625$373$214$119$64$27
45 years$604$356$201$109$58$24
46 years$584$339$188$101$53$22
47 years$565$324$177$93$48$19
48 years$547$309$166$86$44$17
49 years$530$295$156$80$40$15
50 years$514$282$147$74$36$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $526,000, adding $2,732 every year, while hoping to spend $37,569 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: 71/11/18 Blend
50$526,000$526,000$526,000$526,000
51$582,470$554,592$546,439$621,148
52$601,909$541,794$524,772$634,438
53$622,071$527,110$501,119$644,224
54$642,991$510,407$475,376$653,985
55$664,706$491,546$447,430$663,712
56$687,253$470,379$417,166$673,397
57$710,675$446,749$384,463$683,032
58$735,015$420,491$349,194$692,608
59$760,321$391,430$311,227$702,119
60$786,644$359,381$270,423$711,557
61$814,038$324,147$226,639$720,915
62$842,562$285,522$179,723$730,188
63$872,279$243,288$129,519$739,369
64$903,255$197,213$75,861$748,456
65$935,564$147,053$18,580$757,444
66$969,284$92,551$0$766,333
67$1,004,500$33,435$0$783,294
68$1,041,303$0$0$804,498
69$1,079,791$0$0$830,115
70$1,120,072$0$0$861,167
71$1,162,261$0$0$893,698
72$1,206,484$0$0$927,805
73$1,252,876$0$0$963,593
74$1,301,585$0$0$1,001,179
75$1,352,771$0$0$1,040,686
76$1,406,608$0$0$1,082,250
77$1,463,286$0$0$1,126,019
78$1,523,011$0$0$1,172,155
79$1,586,008$0$0$1,220,831
80$1,652,522$0$0$1,272,240
81$1,722,820$0$0$1,326,589
82$1,797,192$0$0$1,384,106
83$1,875,958$0$0$1,445,040
84$1,959,465$0$0$1,509,661
85$2,048,092$0$0$1,578,265
86$2,142,256$0$0$1,651,178
87$2,242,410$0$0$1,728,754
88$2,349,051$0$0$1,811,382
89$2,462,724$0$0$1,899,485
90$2,584,025$0$0$1,993,530
91$2,713,607$0$0$2,094,027
92$2,852,186$0$0$2,201,536
93$3,000,546$0$0$2,316,668
94$3,159,548$0$0$2,440,097
95$3,330,136$0$0$2,572,561
96$3,513,346$0$0$2,714,868
97$3,710,314$0$0$2,867,908
98$3,922,290$0$0$3,032,656
99$4,150,643$0$0$3,210,183
100$4,396,879$0$0$3,401,666