Can I retire at age 51 with 528,000?

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 $528,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$43,602$43,213$42,834$42,465$42,103$41,891
2 years$21,585$21,183$20,793$20,416$20,049$19,835
3 years$14,247$13,843$13,455$13,081$12,720$12,510
4 years$10,579$10,176$9,792$9,424$9,072$8,868
5 years$8,378$7,978$7,599$7,238$6,896$6,700
6 years$6,912$6,515$6,141$5,789$5,457$5,267
7 years$5,865$5,471$5,103$4,759$4,438$4,256
8 years$5,080$4,690$4,328$3,992$3,682$3,507
9 years$4,470$4,083$3,728$3,401$3,101$2,933
10 years$3,982$3,599$3,250$2,931$2,642$2,481
11 years$3,583$3,204$2,861$2,551$2,272$2,118
12 years$3,251$2,876$2,539$2,238$1,969$1,822
13 years$2,970$2,599$2,269$1,976$1,717$1,577
14 years$2,730$2,362$2,038$1,754$1,505$1,372
15 years$2,521$2,158$1,840$1,564$1,325$1,198
16 years$2,339$1,980$1,668$1,400$1,171$1,051
17 years$2,179$1,824$1,518$1,258$1,038$924
18 years$2,036$1,685$1,386$1,134$923$815
19 years$1,909$1,562$1,269$1,025$823$720
20 years$1,795$1,451$1,164$928$735$638
21 years$1,691$1,352$1,071$842$658$566
22 years$1,597$1,262$987$766$590$503
23 years$1,512$1,180$911$697$529$447
24 years$1,433$1,106$843$636$476$398
25 years$1,361$1,038$781$581$428$355
26 years$1,295$975$724$531$386$317
27 years$1,234$918$672$486$348$283
28 years$1,177$865$625$445$314$253
29 years$1,124$816$582$408$283$226
30 years$1,075$770$542$375$256$203
31 years$1,029$728$505$344$231$181
32 years$986$689$471$316$209$162
33 years$946$653$440$291$189$146
34 years$908$619$411$268$172$131
35 years$872$587$384$246$155$117
36 years$839$557$360$227$141$105
37 years$807$529$337$209$128$94
38 years$777$503$315$193$116$85
39 years$749$478$295$178$105$76
40 years$722$455$277$164$95$68
41 years$696$433$260$151$86$61
42 years$672$412$243$140$78$55
43 years$649$393$228$129$71$49
44 years$627$374$214$119$65$44
45 years$606$357$201$110$59$40
46 years$587$341$189$101$53$36
47 years$568$325$178$94$48$32
48 years$549$310$167$87$44$29
49 years$532$296$157$80$40$26
50 years$516$283$148$74$36$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $528,000, adding $2,806 every year, while hoping to spend $34,657 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: 56/33/11 Blend
50$528,000$528,000$528,000$528,000
51$584,750$556,766$548,582$615,740
52$607,520$547,173$530,085$627,429
53$631,451$535,948$509,807$636,095
54$656,624$522,975$487,651$644,713
55$683,130$508,131$463,517$653,283
56$711,064$491,284$437,299$661,807
57$740,532$472,297$408,889$670,291
58$771,650$451,023$378,170$678,742
59$804,542$427,307$345,023$687,171
60$839,347$400,986$309,322$695,590
61$876,213$371,887$270,937$704,018
62$915,303$339,827$229,730$712,477
63$956,797$304,611$185,559$720,994
64$1,000,890$266,036$138,275$729,601
65$1,047,795$223,886$87,721$738,338
66$1,097,745$177,932$33,735$747,252
67$1,150,998$127,933$0$756,398
68$1,207,832$73,635$0$768,644
69$1,268,556$14,768$0$785,670
70$1,333,506$0$0$803,622
71$1,403,051$0$0$840,399
72$1,477,595$0$0$885,600
73$1,557,583$0$0$934,136
74$1,643,502$0$0$986,305
75$1,735,886$0$0$1,042,437
76$1,835,324$0$0$1,102,895
77$1,942,458$0$0$1,168,073
78$2,057,999$0$0$1,238,410
79$2,182,723$0$0$1,314,383
80$2,317,485$0$0$1,396,520
81$2,463,225$0$0$1,485,400
82$2,620,975$0$0$1,581,657
83$2,791,870$0$0$1,685,992
84$2,977,159$0$0$1,799,174
85$3,178,213$0$0$1,922,049
86$3,396,543$0$0$2,055,547
87$3,633,808$0$0$2,200,692
88$3,891,834$0$0$2,358,608
89$4,172,632$0$0$2,530,536
90$4,478,412$0$0$2,717,838
91$4,811,607$0$0$2,922,014
92$5,174,895$0$0$3,144,715
93$5,571,221$0$0$3,387,758
94$6,003,830$0$0$3,653,144
95$6,476,292$0$0$3,943,074
96$6,992,538$0$0$4,259,971
97$7,556,894$0$0$4,606,506
98$8,174,124$0$0$4,985,615
99$8,849,474$0$0$5,400,535
100$9,588,721$0$0$5,854,829