Can I retire at age 51 with 425,000?

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 $425,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$35,096$34,783$34,478$34,181$33,890$32,714
2 years$17,374$17,051$16,737$16,433$16,138$14,965
3 years$11,468$11,143$10,830$10,529$10,239$9,106
4 years$8,515$8,191$7,881$7,585$7,302$6,218
5 years$6,744$6,422$6,116$5,826$5,551$4,519
6 years$5,564$5,244$4,943$4,659$4,392$3,413
7 years$4,721$4,404$4,108$3,831$3,572$2,645
8 years$4,089$3,775$3,484$3,213$2,963$2,088
9 years$3,598$3,287$3,000$2,737$2,496$1,670
10 years$3,205$2,897$2,616$2,359$2,126$1,350
11 years$2,884$2,579$2,303$2,053$1,829$1,100
12 years$2,617$2,315$2,044$1,801$1,585$902
13 years$2,391$2,092$1,826$1,590$1,382$743
14 years$2,197$1,902$1,641$1,412$1,211$615
15 years$2,029$1,737$1,481$1,259$1,067$510
16 years$1,883$1,594$1,343$1,127$943$425
17 years$1,754$1,468$1,222$1,013$836$354
18 years$1,639$1,356$1,116$913$743$296
19 years$1,537$1,257$1,021$825$662$248
20 years$1,444$1,168$937$747$592$208
21 years$1,361$1,088$862$678$530$174
22 years$1,286$1,016$795$616$475$146
23 years$1,217$950$734$561$426$123
24 years$1,154$890$679$512$383$103
25 years$1,096$835$628$468$345$87
26 years$1,042$785$583$428$310$73
27 years$993$739$541$391$280$61
28 years$947$696$503$359$253$52
29 years$905$657$468$329$228$44
30 years$865$620$436$302$206$37
31 years$828$586$407$277$186$31
32 years$794$555$379$255$168$26
33 years$761$525$354$234$152$22
34 years$731$498$331$215$138$18
35 years$702$472$309$198$125$16
36 years$675$448$289$183$113$13
37 years$650$426$271$168$103$11
38 years$625$405$254$155$93$9
39 years$603$385$238$143$84$8
40 years$581$366$223$132$77$7
41 years$561$348$209$122$69$6
42 years$541$332$196$112$63$5
43 years$523$316$184$104$57$4
44 years$505$301$173$96$52$3
45 years$488$287$162$88$47$3
46 years$472$274$152$82$43$2
47 years$457$262$143$75$39$2
48 years$442$250$134$70$35$2
49 years$428$239$126$64$32$1
50 years$415$228$119$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $425,000, adding $5,721 every year, while hoping to spend $25,896 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: 58/18/24 Blend
50$425,000$425,000$425,000$425,000
51$474,251$451,726$445,139$498,381
52$495,072$446,308$432,498$510,073
53$517,148$439,756$418,565$519,556
54$540,581$431,987$403,271$529,341
55$565,480$422,915$386,541$539,463
56$591,967$412,445$368,297$549,963
57$620,172$400,480$348,461$560,886
58$650,242$386,915$326,946$572,284
59$682,332$371,640$303,664$584,216
60$716,618$354,539$278,525$596,747
61$753,289$335,486$251,431$609,952
62$792,552$314,353$222,282$623,915
63$834,637$291,001$190,973$638,729
64$879,794$265,284$157,394$654,499
65$928,297$237,048$121,432$671,344
66$980,449$206,128$82,965$689,397
67$1,036,581$172,354$41,870$708,806
68$1,097,056$135,544$0$729,736
69$1,162,273$95,503$0$752,881
70$1,232,673$52,031$0$789,417
71$1,308,736$4,911$0$828,875
72$1,390,994$0$0$871,553
73$1,480,028$0$0$926,905
74$1,576,478$0$0$987,952
75$1,681,050$0$0$1,054,170
76$1,794,516$0$0$1,126,054
77$1,917,729$0$0$1,204,147
78$2,051,625$0$0$1,289,049
79$2,197,235$0$0$1,381,415
80$2,355,691$0$0$1,481,971
81$2,528,242$0$0$1,591,512
82$2,716,260$0$0$1,710,915
83$2,921,255$0$0$1,841,146
84$3,144,889$0$0$1,983,264
85$3,388,992$0$0$2,138,441
86$3,655,579$0$0$2,307,961
87$3,946,866$0$0$2,493,241
88$4,265,294$0$0$2,695,840
89$4,613,551$0$0$2,917,476
90$4,994,597$0$0$3,160,038
91$5,411,688$0$0$3,425,609
92$5,868,414$0$0$3,716,479
93$6,368,725$0$0$4,035,175
94$6,916,972$0$0$4,384,476
95$7,517,947$0$0$4,767,443
96$8,176,928$0$0$5,187,449
97$8,899,729$0$0$5,648,208
98$9,692,750$0$0$6,153,811
99$10,563,045$0$0$6,708,765
100$11,518,382$0$0$7,318,032