Can I retire at age 51 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$43,519$43,132$42,753$42,384$42,024$40,533
2 years$21,544$21,143$20,754$20,377$20,011$18,525
3 years$14,220$13,817$13,429$13,056$12,696$11,261
4 years$10,559$10,157$9,773$9,406$9,055$7,682
5 years$8,363$7,963$7,584$7,225$6,883$5,577
6 years$6,899$6,503$6,129$5,778$5,447$4,207
7 years$5,854$5,461$5,093$4,750$4,430$3,257
8 years$5,070$4,681$4,320$3,985$3,675$2,568
9 years$4,461$4,076$3,720$3,394$3,095$2,052
10 years$3,974$3,592$3,244$2,926$2,637$1,657
11 years$3,576$3,198$2,856$2,546$2,268$1,348
12 years$3,245$2,870$2,534$2,233$1,965$1,104
13 years$2,964$2,594$2,264$1,972$1,714$908
14 years$2,724$2,358$2,034$1,750$1,502$750
15 years$2,517$2,154$1,837$1,561$1,323$622
16 years$2,335$1,976$1,665$1,398$1,169$517
17 years$2,175$1,820$1,515$1,256$1,036$430
18 years$2,032$1,682$1,383$1,132$922$359
19 years$1,905$1,559$1,266$1,023$821$300
20 years$1,791$1,448$1,162$926$734$251
21 years$1,688$1,349$1,069$841$657$210
22 years$1,594$1,259$985$764$589$176
23 years$1,509$1,178$910$696$528$148
24 years$1,431$1,104$841$635$475$124
25 years$1,359$1,036$779$580$427$104
26 years$1,292$973$723$530$385$87
27 years$1,231$916$671$485$347$73
28 years$1,175$863$624$445$313$62
29 years$1,122$814$581$408$283$52
30 years$1,073$769$541$374$255$44
31 years$1,027$727$504$344$231$37
32 years$984$688$470$316$209$31
33 years$944$651$439$290$189$26
34 years$906$617$410$267$171$22
35 years$870$586$384$246$155$18
36 years$837$556$359$227$140$15
37 years$805$528$336$209$127$13
38 years$776$502$315$192$115$11
39 years$747$477$295$177$105$9
40 years$720$454$276$164$95$8
41 years$695$432$259$151$86$7
42 years$671$411$243$139$78$5
43 years$648$392$228$129$71$5
44 years$626$374$214$119$64$4
45 years$605$356$201$110$58$3
46 years$585$340$189$101$53$3
47 years$567$324$177$94$48$2
48 years$548$310$167$86$44$2
49 years$531$296$157$80$40$2
50 years$515$283$147$74$36$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $527,000, adding $4,225 every year, while hoping to spend $22,873 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: 55/31/14 Blend
50$527,000$527,000$527,000$527,000
51$585,112$557,181$549,013$614,932
52$620,457$560,146$543,068$638,638
53$658,640$562,490$536,157$661,602
54$699,927$564,158$528,225$686,081
55$744,610$565,092$519,210$712,225
56$793,009$565,231$509,053$740,199
57$845,477$564,508$497,687$770,186
58$902,402$562,855$485,046$802,389
59$964,209$560,197$471,057$837,033
60$1,031,369$556,457$455,647$874,364
61$1,104,396$551,551$438,739$914,659
62$1,183,858$545,391$420,251$958,220
63$1,270,381$537,883$400,098$1,005,383
64$1,364,650$528,930$378,192$1,056,521
65$1,467,422$518,426$354,439$1,112,043
66$1,579,530$506,260$328,744$1,172,404
67$1,701,890$492,314$301,004$1,238,108
68$1,835,510$476,464$271,115$1,309,708
69$1,981,499$458,578$238,965$1,387,820
70$2,141,081$438,518$204,439$1,473,122
71$2,315,600$416,134$167,417$1,566,365
72$2,506,538$391,272$127,772$1,668,376
73$2,715,527$363,766$85,374$1,780,073
74$2,944,362$333,441$40,086$1,902,468
75$3,195,022$300,115$0$2,036,679
76$3,469,684$263,590$0$2,185,172
77$3,770,748$223,663$0$2,354,552
78$4,100,856$180,114$0$2,540,355
79$4,462,918$132,714$0$2,744,269
80$4,860,140$81,221$0$2,968,158
81$5,296,051$25,378$0$3,214,079
82$5,774,541$0$0$3,484,299
83$6,299,892$0$0$3,793,292
84$6,876,825$0$0$4,142,182
85$7,510,537$0$0$4,525,459
86$8,206,753$0$0$4,946,596
87$8,971,784$0$0$5,409,414
88$9,812,578$0$0$5,918,125
89$10,736,791$0$0$6,477,369
90$11,752,859$0$0$7,092,256
91$12,870,075$0$0$7,768,419
92$14,098,677$0$0$8,512,063
93$15,449,946$0$0$9,330,023
94$16,936,310$0$0$10,229,831
95$18,571,463$0$0$11,219,787
96$20,370,493$0$0$12,309,033
97$22,350,023$0$0$13,507,644
98$24,528,370$0$0$14,826,721
99$26,925,716$0$0$16,278,495
100$29,564,298$0$0$17,876,442