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%
1 years$43,602$43,213$42,834$42,465$42,103$41,926
2 years$21,585$21,183$20,793$20,416$20,049$19,870
3 years$14,247$13,843$13,455$13,081$12,720$12,545
4 years$10,579$10,176$9,792$9,424$9,072$8,902
5 years$8,378$7,978$7,599$7,238$6,896$6,732
6 years$6,912$6,515$6,141$5,789$5,457$5,298
7 years$5,865$5,471$5,103$4,759$4,438$4,285
8 years$5,080$4,690$4,328$3,992$3,682$3,535
9 years$4,470$4,083$3,728$3,401$3,101$2,960
10 years$3,982$3,599$3,250$2,931$2,642$2,507
11 years$3,583$3,204$2,861$2,551$2,272$2,143
12 years$3,251$2,876$2,539$2,238$1,969$1,846
13 years$2,970$2,599$2,269$1,976$1,717$1,600
14 years$2,730$2,362$2,038$1,754$1,505$1,393
15 years$2,521$2,158$1,840$1,564$1,325$1,219
16 years$2,339$1,980$1,668$1,400$1,171$1,070
17 years$2,179$1,824$1,518$1,258$1,038$942
18 years$2,036$1,685$1,386$1,134$923$832
19 years$1,909$1,562$1,269$1,025$823$736
20 years$1,795$1,451$1,164$928$735$653
21 years$1,691$1,352$1,071$842$658$580
22 years$1,597$1,262$987$766$590$516
23 years$1,512$1,180$911$697$529$460
24 years$1,433$1,106$843$636$476$410
25 years$1,361$1,038$781$581$428$366
26 years$1,295$975$724$531$386$328
27 years$1,234$918$672$486$348$293
28 years$1,177$865$625$445$314$262
29 years$1,124$816$582$408$283$235
30 years$1,075$770$542$375$256$211
31 years$1,029$728$505$344$231$189
32 years$986$689$471$316$209$170
33 years$946$653$440$291$189$152
34 years$908$619$411$268$172$137
35 years$872$587$384$246$155$123
36 years$839$557$360$227$141$110
37 years$807$529$337$209$128$99
38 years$777$503$315$193$116$89
39 years$749$478$295$178$105$80
40 years$722$455$277$164$95$72
41 years$696$433$260$151$86$65
42 years$672$412$243$140$78$58
43 years$649$393$228$129$71$52
44 years$627$374$214$119$65$47
45 years$606$357$201$110$59$42
46 years$587$341$189$101$53$38
47 years$568$325$178$94$48$34
48 years$549$310$167$87$44$31
49 years$532$296$157$80$40$28
50 years$516$283$148$74$36$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $528,000, adding $2,442 every year, while hoping to spend $31,799 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: 36/35/29 Blend
50$528,000$528,000$528,000$528,000
51$584,375$556,391$548,207$600,258
52$610,147$549,820$532,738$605,745
53$637,483$541,862$515,685$608,624
54$666,507$532,414$496,961$611,128
55$697,358$521,369$476,477$613,245
56$730,185$508,614$454,136$614,964
57$765,155$494,027$429,840$616,276
58$802,447$477,480$403,486$617,176
59$842,259$458,839$374,966$617,660
60$884,808$437,961$344,165$617,727
61$930,331$414,693$310,967$617,381
62$979,088$388,877$275,248$616,630
63$1,031,366$360,342$236,879$615,485
64$1,087,476$328,910$195,726$613,966
65$1,147,764$294,391$151,648$612,097
66$1,212,605$256,586$104,498$609,911
67$1,282,416$215,284$54,123$607,449
68$1,357,650$170,260$364$604,760
69$1,438,807$121,280$0$601,908
70$1,526,437$68,094$0$616,607
71$1,621,142$10,439$0$632,570
72$1,723,586$0$0$649,848
73$1,834,497$0$0$688,632
74$1,954,678$0$0$735,077
75$2,085,008$0$0$785,510
76$2,226,457$0$0$840,313
77$2,380,090$0$0$899,909
78$2,547,080$0$0$964,761
79$2,728,715$0$0$1,035,380
80$2,926,416$0$0$1,112,326
81$3,141,741$0$0$1,196,218
82$3,376,410$0$0$1,287,735
83$3,632,314$0$0$1,387,627
84$3,911,531$0$0$1,496,716
85$4,216,354$0$0$1,615,911
86$4,549,303$0$0$1,746,209
87$4,913,153$0$0$1,888,710
88$5,310,960$0$0$2,044,625
89$5,746,089$0$0$2,215,285
90$6,222,243$0$0$2,402,160
91$6,743,502$0$0$2,606,864
92$7,314,356$0$0$2,831,178
93$7,939,753$0$0$3,077,063
94$8,625,140$0$0$3,346,676
95$9,376,514$0$0$3,642,396
96$10,200,485$0$0$3,966,842
97$11,104,330$0$0$4,322,898
98$12,096,063$0$0$4,713,743
99$13,184,514$0$0$5,142,876
100$14,379,409$0$0$5,614,152