Can I retire at age 51 with 403,000?

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 $403,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$33,279$32,983$32,694$32,411$32,136$31,397
2 years$16,475$16,168$15,871$15,582$15,303$14,563
3 years$10,874$10,566$10,269$9,984$9,709$8,990
4 years$8,074$7,767$7,474$7,193$6,924$6,233
5 years$6,395$6,090$5,800$5,525$5,264$4,602
6 years$5,276$4,973$4,687$4,418$4,165$3,533
7 years$4,476$4,176$3,895$3,632$3,387$2,785
8 years$3,877$3,580$3,303$3,047$2,810$2,237
9 years$3,412$3,117$2,845$2,595$2,366$1,823
10 years$3,039$2,747$2,480$2,237$2,016$1,502
11 years$2,735$2,446$2,184$1,947$1,734$1,247
12 years$2,481$2,195$1,938$1,708$1,503$1,043
13 years$2,267$1,984$1,731$1,508$1,310$877
14 years$2,083$1,803$1,556$1,338$1,149$741
15 years$1,924$1,647$1,405$1,194$1,011$628
16 years$1,785$1,511$1,273$1,069$894$534
17 years$1,663$1,392$1,159$960$793$455
18 years$1,554$1,286$1,058$865$705$389
19 years$1,457$1,192$968$782$628$333
20 years$1,370$1,108$889$708$561$285
21 years$1,291$1,032$817$643$502$245
22 years$1,219$963$753$584$450$210
23 years$1,154$901$696$532$404$181
24 years$1,094$844$643$485$363$156
25 years$1,039$792$596$443$327$134
26 years$988$744$553$405$294$116
27 years$942$701$513$371$265$100
28 years$898$660$477$340$239$86
29 years$858$623$444$312$216$74
30 years$820$588$414$286$195$64
31 years$785$556$386$263$177$55
32 years$752$526$360$241$160$48
33 years$722$498$336$222$145$41
34 years$693$472$314$204$131$36
35 years$666$448$293$188$119$31
36 years$640$425$274$173$107$27
37 years$616$404$257$160$97$23
38 years$593$384$241$147$88$20
39 years$571$365$225$136$80$17
40 years$551$347$211$125$73$15
41 years$532$330$198$115$66$13
42 years$513$315$186$107$60$11
43 years$496$300$174$98$54$10
44 years$479$286$164$91$49$8
45 years$463$273$154$84$45$7
46 years$448$260$144$77$41$6
47 years$433$248$136$72$37$5
48 years$419$237$127$66$33$5
49 years$406$226$120$61$30$4
50 years$393$216$113$56$28$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $403,000, adding $3,633 every year, while hoping to spend $25,782 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$403,000$403,000$403,000$403,000
51$447,853$426,494$420,248$454,792
52$466,103$419,961$406,894$454,391
53$485,349$412,243$392,229$451,554
54$505,668$403,256$376,182$447,985
55$527,139$392,908$358,677$443,641
56$549,852$381,106$339,638$438,479
57$573,904$367,747$318,982$432,451
58$599,400$352,724$296,626$425,510
59$626,455$335,924$272,480$417,607
60$655,197$317,228$246,451$408,691
61$685,763$296,508$218,443$398,711
62$718,304$273,630$188,354$387,614
63$752,986$248,453$156,080$375,345
64$789,990$220,827$121,508$361,850
65$829,516$190,594$84,524$347,073
66$871,779$157,586$45,009$330,958
67$917,019$121,626$2,836$313,448
68$965,498$82,529$0$294,487
69$1,017,503$40,097$0$287,517
70$1,073,348$0$0$280,830
71$1,133,379$0$0$276,419
72$1,197,975$0$0$293,087
73$1,267,554$0$0$311,091
74$1,342,572$0$0$330,558
75$1,423,532$0$0$351,624
76$1,510,987$0$0$374,440
77$1,605,544$0$0$399,173
78$1,707,868$0$0$426,004
79$1,818,695$0$0$455,135
80$1,938,830$0$0$486,785
81$2,069,159$0$0$521,199
82$2,210,657$0$0$558,643
83$2,364,398$0$0$599,411
84$2,531,560$0$0$643,827
85$2,713,441$0$0$692,246
86$2,911,470$0$0$745,061
87$3,127,217$0$0$802,702
88$3,362,412$0$0$865,645
89$3,618,957$0$0$934,411
90$3,898,948$0$0$1,009,576
91$4,204,690$0$0$1,091,774
92$4,538,721$0$0$1,181,701
93$4,903,836$0$0$1,280,125
94$5,303,110$0$0$1,387,893
95$5,739,932$0$0$1,505,934
96$6,218,031$0$0$1,635,275
97$6,741,513$0$0$1,777,044
98$7,314,902$0$0$1,932,484
99$7,943,177$0$0$2,102,967
100$8,631,825$0$0$2,290,000