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%11.4%
1 years$44,180$43,786$43,402$43,028$42,662$42,411
2 years$21,871$21,464$21,069$20,686$20,315$20,062
3 years$14,436$14,027$13,633$13,254$12,889$12,641
4 years$10,719$10,311$9,921$9,549$9,192$8,952
5 years$8,490$8,084$7,699$7,334$6,988$6,756
6 years$7,004$6,601$6,222$5,865$5,529$5,306
7 years$5,943$5,544$5,171$4,822$4,497$4,282
8 years$5,147$4,752$4,385$4,045$3,731$3,524
9 years$4,529$4,137$3,777$3,446$3,142$2,944
10 years$4,035$3,647$3,293$2,970$2,677$2,488
11 years$3,631$3,247$2,899$2,585$2,302$2,121
12 years$3,294$2,914$2,573$2,267$1,995$1,823
13 years$3,009$2,633$2,299$2,002$1,740$1,575
14 years$2,766$2,394$2,065$1,777$1,525$1,368
15 years$2,555$2,187$1,865$1,585$1,343$1,194
16 years$2,370$2,006$1,691$1,419$1,187$1,045
17 years$2,208$1,848$1,538$1,275$1,052$918
18 years$2,063$1,707$1,404$1,149$936$808
19 years$1,934$1,582$1,286$1,038$834$713
20 years$1,818$1,470$1,180$940$745$631
21 years$1,714$1,370$1,085$853$667$559
22 years$1,618$1,279$1,000$776$597$496
23 years$1,532$1,196$924$707$536$440
24 years$1,452$1,120$854$644$482$392
25 years$1,379$1,051$791$589$434$349
26 years$1,312$988$734$538$391$311
27 years$1,250$930$681$493$352$277
28 years$1,192$876$633$451$318$247
29 years$1,139$827$589$414$287$221
30 years$1,089$781$549$380$259$197
31 years$1,042$738$512$349$234$176
32 years$999$698$478$321$212$158
33 years$958$661$446$295$192$141
34 years$920$627$417$271$174$126
35 years$884$595$389$250$157$113
36 years$850$564$364$230$143$101
37 years$818$536$341$212$129$91
38 years$787$509$319$195$117$81
39 years$759$484$299$180$106$73
40 years$731$461$280$166$96$65
41 years$706$439$263$153$87$59
42 years$681$418$247$141$79$52
43 years$658$398$231$131$72$47
44 years$636$379$217$121$65$42
45 years$615$362$204$111$59$38
46 years$594$345$192$103$54$34
47 years$575$329$180$95$49$30
48 years$557$314$169$88$44$27
49 years$539$300$159$81$40$25
50 years$522$287$149$75$37$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $535,000, adding $5,552 every year, while hoping to spend $22,677 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: 25/45/30 Blend
50$535,000$535,000$535,000$535,000
51$595,297$566,942$558,649$604,509
52$631,889$570,594$553,236$616,355
53$671,454$573,665$546,881$626,778
54$714,270$576,102$539,530$637,490
55$760,644$577,850$531,123$648,532
56$810,915$578,850$521,601$659,949
57$865,453$579,038$510,899$671,794
58$924,666$578,348$498,951$684,129
59$989,004$576,709$485,687$697,020
60$1,058,959$574,045$471,035$710,547
61$1,135,076$570,276$454,918$724,797
62$1,217,953$565,318$437,256$739,871
63$1,308,246$559,081$417,966$755,881
64$1,406,680$551,469$396,961$772,955
65$1,514,052$542,381$374,150$791,237
66$1,631,238$531,711$349,437$810,888
67$1,759,203$519,344$322,722$832,090
68$1,899,011$505,161$293,903$855,046
69$2,051,832$489,035$262,869$879,986
70$2,218,952$470,831$229,509$907,165
71$2,401,790$450,407$193,702$936,870
72$2,601,907$427,611$155,326$969,423
73$2,821,023$402,286$114,251$1,005,180
74$3,061,032$374,262$70,343$1,044,544
75$3,324,017$343,361$23,459$1,087,960
76$3,612,276$309,395$0$1,135,927
77$3,928,337$272,164$0$1,197,506
78$4,274,986$231,459$0$1,273,376
79$4,655,292$187,057$0$1,356,761
80$5,072,632$138,724$0$1,448,479
81$5,530,730$86,211$0$1,549,439
82$6,033,686$29,256$0$1,660,646
83$6,586,016$0$0$1,783,214
84$7,192,696$0$0$1,934,427
85$7,859,206$0$0$2,116,565
86$8,591,586$0$0$2,316,804
87$9,396,487$0$0$2,536,973
88$10,281,237$0$0$2,779,091
89$11,253,911$0$0$3,045,381
90$12,323,403$0$0$3,338,292
91$13,499,513$0$0$3,660,521
92$14,793,039$0$0$4,015,041
93$16,215,876$0$0$4,405,129
94$17,781,133$0$0$4,834,393
95$19,503,249$0$0$5,306,811
96$21,398,138$0$0$5,826,763
97$23,483,330$0$0$6,399,078
98$25,778,143$0$0$7,029,076
99$28,303,861$0$0$7,722,618
100$31,083,938$0$0$8,486,163