Can I retire at age 51 with 539,000?

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 $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$44,510$44,114$43,727$43,349$42,981$41,522
2 years$22,035$21,624$21,227$20,841$20,467$19,012
3 years$14,544$14,132$13,735$13,353$12,985$11,579
4 years$10,799$10,388$9,996$9,620$9,261$7,915
5 years$8,553$8,145$7,757$7,389$7,040$5,758
6 years$7,056$6,651$6,269$5,909$5,571$4,353
7 years$5,987$5,585$5,209$4,858$4,530$3,378
8 years$5,186$4,788$4,418$4,075$3,758$2,669
9 years$4,563$4,168$3,805$3,471$3,165$2,138
10 years$4,065$3,674$3,317$2,992$2,697$1,731
11 years$3,658$3,271$2,921$2,604$2,319$1,412
12 years$3,319$2,936$2,592$2,284$2,010$1,159
13 years$3,032$2,653$2,316$2,017$1,753$957
14 years$2,786$2,412$2,081$1,790$1,536$793
15 years$2,574$2,203$1,879$1,597$1,353$659
16 years$2,388$2,021$1,703$1,430$1,196$549
17 years$2,224$1,862$1,550$1,284$1,060$459
18 years$2,079$1,720$1,415$1,158$943$384
19 years$1,949$1,594$1,295$1,046$840$322
20 years$1,832$1,481$1,189$947$750$270
21 years$1,726$1,380$1,093$860$672$227
22 years$1,630$1,288$1,008$782$602$191
23 years$1,543$1,205$930$712$540$160
24 years$1,463$1,129$861$649$486$135
25 years$1,390$1,059$797$593$437$114
26 years$1,322$996$739$542$394$96
27 years$1,259$937$686$496$355$81
28 years$1,201$883$638$455$320$68
29 years$1,147$833$594$417$289$57
30 years$1,097$787$553$383$261$48
31 years$1,050$744$516$351$236$41
32 years$1,006$704$481$323$214$34
33 years$965$666$449$297$193$29
34 years$927$631$420$273$175$25
35 years$890$599$392$252$159$21
36 years$856$568$367$232$144$18
37 years$824$540$344$213$130$15
38 years$793$513$322$197$118$12
39 years$764$488$301$181$107$11
40 years$737$464$283$167$97$9
41 years$711$442$265$154$88$8
42 years$686$421$249$142$80$6
43 years$663$401$233$132$73$5
44 years$640$382$219$121$66$5
45 years$619$364$206$112$60$4
46 years$599$348$193$104$54$3
47 years$579$332$181$96$49$3
48 years$561$317$170$88$45$2
49 years$543$302$160$82$41$2
50 years$526$289$151$76$37$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $539,000, adding $5,590 every year, while hoping to spend $45,452 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: 68/16/16 Blend
50$539,000$539,000$539,000$539,000
51$599,744$571,177$562,823$637,883
52$612,557$550,804$533,317$643,655
53$625,154$527,910$501,299$644,083
54$637,465$502,322$466,637$643,412
55$649,410$473,860$429,193$641,528
56$660,902$442,331$388,823$638,310
57$671,841$407,532$345,376$633,625
58$682,118$369,250$298,695$627,328
59$691,607$327,257$248,615$619,261
60$700,172$281,313$194,964$609,253
61$707,658$231,166$137,564$597,115
62$713,894$176,548$76,227$582,645
63$718,689$117,176$10,758$565,618
64$721,830$52,753$0$545,793
65$723,081$0$0$532,995
66$722,180$0$0$522,461
67$718,835$0$0$519,365
68$712,724$0$0$514,178
69$703,487$0$0$506,629
70$690,726$0$0$496,420
71$674,003$0$0$483,220
72$652,827$0$0$466,664
73$626,658$0$0$446,344
74$594,899$0$0$421,813
75$556,886$0$0$392,572
76$511,887$0$0$358,072
77$459,092$0$0$317,706
78$397,604$0$0$270,800
79$326,432$0$0$216,611
80$244,480$0$0$154,318
81$150,540$0$0$83,013
82$43,273$0$0$1,693
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0