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%12.6%
1 years$44,180$43,786$43,402$43,028$42,662$42,199
2 years$21,871$21,464$21,069$20,686$20,315$19,849
3 years$14,436$14,027$13,633$13,254$12,889$12,434
4 years$10,719$10,311$9,921$9,549$9,192$8,752
5 years$8,490$8,084$7,699$7,334$6,988$6,564
6 years$7,004$6,601$6,222$5,865$5,529$5,122
7 years$5,943$5,544$5,171$4,822$4,497$4,106
8 years$5,147$4,752$4,385$4,045$3,731$3,357
9 years$4,529$4,137$3,777$3,446$3,142$2,784
10 years$4,035$3,647$3,293$2,970$2,677$2,336
11 years$3,631$3,247$2,899$2,585$2,302$1,977
12 years$3,294$2,914$2,573$2,267$1,995$1,686
13 years$3,009$2,633$2,299$2,002$1,740$1,446
14 years$2,766$2,394$2,065$1,777$1,525$1,246
15 years$2,555$2,187$1,865$1,585$1,343$1,078
16 years$2,370$2,006$1,691$1,419$1,187$937
17 years$2,208$1,848$1,538$1,275$1,052$816
18 years$2,063$1,707$1,404$1,149$936$712
19 years$1,934$1,582$1,286$1,038$834$623
20 years$1,818$1,470$1,180$940$745$546
21 years$1,714$1,370$1,085$853$667$480
22 years$1,618$1,279$1,000$776$597$422
23 years$1,532$1,196$924$707$536$371
24 years$1,452$1,120$854$644$482$327
25 years$1,379$1,051$791$589$434$289
26 years$1,312$988$734$538$391$255
27 years$1,250$930$681$493$352$225
28 years$1,192$876$633$451$318$199
29 years$1,139$827$589$414$287$176
30 years$1,089$781$549$380$259$156
31 years$1,042$738$512$349$234$138
32 years$999$698$478$321$212$122
33 years$958$661$446$295$192$108
34 years$920$627$417$271$174$96
35 years$884$595$389$250$157$85
36 years$850$564$364$230$143$75
37 years$818$536$341$212$129$67
38 years$787$509$319$195$117$59
39 years$759$484$299$180$106$52
40 years$731$461$280$166$96$47
41 years$706$439$263$153$87$41
42 years$681$418$247$141$79$37
43 years$658$398$231$131$72$33
44 years$636$379$217$121$65$29
45 years$615$362$204$111$59$26
46 years$594$345$192$103$54$23
47 years$575$329$180$95$49$20
48 years$557$314$169$88$44$18
49 years$539$300$159$81$40$16
50 years$522$287$149$75$37$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $535,000, adding $3,731 every year, while hoping to spend $40,387 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: 70/5/25 Blend
50$535,000$535,000$535,000$535,000
51$593,419$565,064$556,771$630,940
52$610,976$549,780$532,451$641,248
53$628,970$532,394$505,963$647,485
54$647,404$512,760$477,192$653,356
55$666,278$490,724$446,016$658,822
56$685,591$466,123$412,311$663,844
57$705,342$438,783$375,944$668,375
58$725,526$408,523$336,778$672,369
59$746,139$375,150$294,669$675,774
60$767,173$338,460$249,468$678,534
61$788,618$298,238$201,018$680,591
62$810,460$254,255$149,156$681,881
63$832,685$206,271$93,710$682,334
64$855,272$154,032$34,503$681,877
65$878,200$97,269$0$680,430
66$901,440$35,699$0$685,558
67$924,961$0$0$699,837
68$948,726$0$0$715,713
69$972,692$0$0$733,692
70$996,809$0$0$751,771
71$1,021,020$0$0$769,907
72$1,045,261$0$0$788,049
73$1,069,458$0$0$806,138
74$1,093,526$0$0$824,111
75$1,117,371$0$0$841,893
76$1,140,886$0$0$859,401
77$1,163,950$0$0$876,541
78$1,186,427$0$0$893,208
79$1,208,166$0$0$909,284
80$1,228,994$0$0$924,637
81$1,248,722$0$0$939,117
82$1,267,134$0$0$952,559
83$1,283,992$0$0$964,779
84$1,299,029$0$0$975,570
85$1,311,949$0$0$984,701
86$1,322,419$0$0$991,916
87$1,330,071$0$0$996,931
88$1,334,497$0$0$999,429
89$1,335,240$0$0$999,057
90$1,331,794$0$0$995,424
91$1,323,598$0$0$988,096
92$1,310,028$0$0$976,591
93$1,290,395$0$0$960,376
94$1,263,931$0$0$938,858
95$1,229,788$0$0$911,382
96$1,187,027$0$0$877,222
97$1,134,605$0$0$835,573
98$1,071,371$0$0$785,545
99$996,050$0$0$726,153
100$907,231$0$0$656,309