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%17.7%
1 years$44,510$44,114$43,727$43,349$42,981$41,638
2 years$22,035$21,624$21,227$20,841$20,467$19,126
3 years$14,544$14,132$13,735$13,353$12,985$11,688
4 years$10,799$10,388$9,996$9,620$9,261$8,018
5 years$8,553$8,145$7,757$7,389$7,040$5,855
6 years$7,056$6,651$6,269$5,909$5,571$4,443
7 years$5,987$5,585$5,209$4,858$4,530$3,461
8 years$5,186$4,788$4,418$4,075$3,758$2,747
9 years$4,563$4,168$3,805$3,471$3,165$2,210
10 years$4,065$3,674$3,317$2,992$2,697$1,797
11 years$3,658$3,271$2,921$2,604$2,319$1,472
12 years$3,319$2,936$2,592$2,284$2,010$1,214
13 years$3,032$2,653$2,316$2,017$1,753$1,007
14 years$2,786$2,412$2,081$1,790$1,536$838
15 years$2,574$2,203$1,879$1,597$1,353$700
16 years$2,388$2,021$1,703$1,430$1,196$587
17 years$2,224$1,862$1,550$1,284$1,060$492
18 years$2,079$1,720$1,415$1,158$943$414
19 years$1,949$1,594$1,295$1,046$840$349
20 years$1,832$1,481$1,189$947$750$294
21 years$1,726$1,380$1,093$860$672$249
22 years$1,630$1,288$1,008$782$602$210
23 years$1,543$1,205$930$712$540$178
24 years$1,463$1,129$861$649$486$151
25 years$1,390$1,059$797$593$437$127
26 years$1,322$996$739$542$394$108
27 years$1,259$937$686$496$355$92
28 years$1,201$883$638$455$320$78
29 years$1,147$833$594$417$289$66
30 years$1,097$787$553$383$261$56
31 years$1,050$744$516$351$236$47
32 years$1,006$704$481$323$214$40
33 years$965$666$449$297$193$34
34 years$927$631$420$273$175$29
35 years$890$599$392$252$159$25
36 years$856$568$367$232$144$21
37 years$824$540$344$213$130$18
38 years$793$513$322$197$118$15
39 years$764$488$301$181$107$13
40 years$737$464$283$167$97$11
41 years$711$442$265$154$88$9
42 years$686$421$249$142$80$8
43 years$663$401$233$132$73$7
44 years$640$382$219$121$66$6
45 years$619$364$206$112$60$5
46 years$599$348$193$104$54$4
47 years$579$332$181$96$49$3
48 years$561$317$170$88$45$3
49 years$543$302$160$82$41$3
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 $2,168 every year, while hoping to spend $21,340 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: 69/25/6 Blend
50$539,000$539,000$539,000$539,000
51$596,214$567,647$559,293$636,707
52$634,323$572,756$555,324$668,889
53$675,603$577,401$550,506$701,257
54$720,356$581,535$544,789$736,079
55$768,912$585,110$538,120$773,589
56$821,637$588,076$530,443$814,048
57$878,929$590,378$521,698$857,742
58$941,231$591,957$511,826$904,987
59$1,009,025$592,752$500,761$956,132
60$1,082,846$592,697$488,437$1,011,561
61$1,163,281$591,723$474,783$1,071,696
62$1,250,973$589,756$459,727$1,137,007
63$1,346,636$586,717$443,191$1,208,007
64$1,451,050$582,523$425,095$1,285,264
65$1,565,076$577,086$405,355$1,369,405
66$1,689,662$570,312$383,883$1,461,121
67$1,825,853$562,102$360,588$1,561,173
68$1,974,796$552,350$335,373$1,670,402
69$2,137,756$540,947$308,139$1,789,734
70$2,316,126$527,772$278,781$1,920,190
71$2,511,440$512,703$247,190$2,062,898
72$2,725,387$495,605$213,251$2,219,100
73$2,959,827$476,340$176,845$2,390,166
74$3,216,808$454,759$137,847$2,577,607
75$3,498,586$430,705$96,128$2,783,090
76$3,807,645$404,014$51,552$3,008,452
77$4,146,723$374,508$3,978$3,255,719
78$4,518,834$342,004$0$3,527,127
79$4,927,298$306,306$0$3,828,134
80$5,375,773$267,206$0$4,158,929
81$5,868,288$224,485$0$4,522,263
82$6,409,282$177,913$0$4,921,450
83$7,003,643$127,245$0$5,360,144
84$7,656,759$72,224$0$5,842,373
85$8,374,563$12,578$0$6,372,578
86$9,163,592$0$0$6,955,655
87$10,031,050$0$0$7,611,300
88$10,984,870$0$0$8,336,059
89$12,033,796$0$0$9,133,117
90$13,187,459$0$0$10,009,800
91$14,456,471$0$0$10,974,174
92$15,852,525$0$0$12,035,132
93$17,388,504$0$0$13,202,466
94$19,078,602$0$0$14,486,972
95$20,938,458$0$0$15,900,539
96$22,985,306$0$0$17,456,271
97$25,238,133$0$0$19,168,604
98$27,717,860$0$0$21,053,448
99$30,447,541$0$0$23,128,328
100$33,452,577$0$0$25,412,561