Can I retire at age 51 with 535,000?

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 $535,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$44,180$43,786$43,402$43,028$42,662$42,340
2 years$21,871$21,464$21,069$20,686$20,315$19,990
3 years$14,436$14,027$13,633$13,254$12,889$12,571
4 years$10,719$10,311$9,921$9,549$9,192$8,885
5 years$8,490$8,084$7,699$7,334$6,988$6,691
6 years$7,004$6,601$6,222$5,865$5,529$5,244
7 years$5,943$5,544$5,171$4,822$4,497$4,223
8 years$5,147$4,752$4,385$4,045$3,731$3,468
9 years$4,529$4,137$3,777$3,446$3,142$2,890
10 years$4,035$3,647$3,293$2,970$2,677$2,436
11 years$3,631$3,247$2,899$2,585$2,302$2,072
12 years$3,294$2,914$2,573$2,267$1,995$1,776
13 years$3,009$2,633$2,299$2,002$1,740$1,531
14 years$2,766$2,394$2,065$1,777$1,525$1,327
15 years$2,555$2,187$1,865$1,585$1,343$1,154
16 years$2,370$2,006$1,691$1,419$1,187$1,008
17 years$2,208$1,848$1,538$1,275$1,052$883
18 years$2,063$1,707$1,404$1,149$936$775
19 years$1,934$1,582$1,286$1,038$834$682
20 years$1,818$1,470$1,180$940$745$601
21 years$1,714$1,370$1,085$853$667$531
22 years$1,618$1,279$1,000$776$597$470
23 years$1,532$1,196$924$707$536$416
24 years$1,452$1,120$854$644$482$369
25 years$1,379$1,051$791$589$434$327
26 years$1,312$988$734$538$391$291
27 years$1,250$930$681$493$352$259
28 years$1,192$876$633$451$318$230
29 years$1,139$827$589$414$287$205
30 years$1,089$781$549$380$259$182
31 years$1,042$738$512$349$234$162
32 years$999$698$478$321$212$145
33 years$958$661$446$295$192$129
34 years$920$627$417$271$174$115
35 years$884$595$389$250$157$103
36 years$850$564$364$230$143$92
37 years$818$536$341$212$129$82
38 years$787$509$319$195$117$73
39 years$759$484$299$180$106$65
40 years$731$461$280$166$96$58
41 years$706$439$263$153$87$52
42 years$681$418$247$141$79$47
43 years$658$398$231$131$72$42
44 years$636$379$217$121$65$37
45 years$615$362$204$111$59$33
46 years$594$345$192$103$54$30
47 years$575$329$180$95$49$27
48 years$557$314$169$88$44$24
49 years$539$300$159$81$40$21
50 years$522$287$149$75$37$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $535,000, adding $5,801 every year, while hoping to spend $24,711 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: 44/28/28 Blend
50$535,000$535,000$535,000$535,000
51$595,554$567,199$558,906$616,699
52$630,008$568,699$551,337$633,850
53$667,148$569,445$542,687$649,630
54$707,222$569,373$532,892$666,264
55$750,503$568,416$521,888$683,845
56$797,289$566,504$509,606$702,476
57$847,910$563,560$495,975$722,276
58$902,728$559,504$480,920$743,374
59$962,138$554,253$464,364$765,915
60$1,026,580$547,715$446,224$790,062
61$1,096,534$539,795$426,415$815,995
62$1,172,527$530,392$404,847$843,914
63$1,255,143$519,400$381,427$874,043
64$1,345,021$506,703$356,058$906,632
65$1,442,865$492,183$328,638$941,956
66$1,549,449$475,712$299,059$980,324
67$1,665,626$457,155$267,211$1,022,076
68$1,792,334$436,371$232,977$1,067,593
69$1,930,607$413,207$196,236$1,117,295
70$2,081,580$387,505$156,861$1,171,651
71$2,246,505$359,097$114,720$1,231,179
72$2,426,759$327,803$69,673$1,296,455
73$2,623,859$293,436$21,578$1,368,117
74$2,839,475$255,797$0$1,446,874
75$3,075,445$214,675$0$1,542,397
76$3,333,794$169,847$0$1,654,124
77$3,616,751$121,080$0$1,776,614
78$3,926,771$68,125$0$1,910,984
79$4,266,559$10,719$0$2,058,469
80$4,639,091$0$0$2,220,429
81$5,047,648$0$0$2,414,211
82$5,495,842$0$0$2,630,483
83$5,987,651$0$0$2,867,870
84$6,527,460$0$0$3,128,496
85$7,120,094$0$0$3,414,701
86$7,770,872$0$0$3,729,063
87$8,485,652$0$0$4,074,421
88$9,270,887$0$0$4,453,903
89$10,133,687$0$0$4,870,955
90$11,081,884$0$0$5,329,372
91$12,124,105$0$0$5,833,338
92$13,269,856$0$0$6,387,460
93$14,529,611$0$0$6,996,815
94$15,914,907$0$0$7,666,995
95$17,438,456$0$0$8,404,164
96$19,114,265$0$0$9,215,111
97$20,957,764$0$0$10,107,317
98$22,985,956$0$0$11,089,025
99$25,217,574$0$0$12,169,315
100$27,673,260$0$0$13,358,195