Can I retire at age 51 with 426,000?

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 $426,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$35,179$34,865$34,560$34,261$33,970$32,622
2 years$17,415$17,091$16,777$16,472$16,176$14,835
3 years$11,495$11,169$10,856$10,554$10,263$8,970
4 years$8,535$8,210$7,900$7,603$7,320$6,086
5 years$6,760$6,437$6,131$5,840$5,564$4,392
6 years$5,577$5,256$4,955$4,670$4,403$3,294
7 years$4,732$4,414$4,117$3,840$3,581$2,534
8 years$4,099$3,784$3,492$3,221$2,970$1,985
9 years$3,606$3,295$3,007$2,744$2,502$1,575
10 years$3,213$2,904$2,622$2,365$2,131$1,263
11 years$2,891$2,585$2,308$2,058$1,833$1,020
12 years$2,623$2,320$2,049$1,805$1,589$829
13 years$2,396$2,097$1,830$1,594$1,385$677
14 years$2,202$1,906$1,645$1,415$1,214$555
15 years$2,034$1,741$1,485$1,262$1,069$457
16 years$1,887$1,598$1,346$1,130$945$376
17 years$1,758$1,471$1,225$1,015$838$311
18 years$1,643$1,360$1,118$915$745$257
19 years$1,540$1,260$1,024$827$664$213
20 years$1,448$1,171$939$749$593$177
21 years$1,364$1,091$864$679$531$147
22 years$1,289$1,018$796$618$476$122
23 years$1,220$952$735$563$427$101
24 years$1,156$892$680$513$384$84
25 years$1,098$837$630$469$345$70
26 years$1,045$787$584$429$311$58
27 years$995$740$542$392$281$49
28 years$949$698$504$359$253$41
29 years$907$658$469$330$229$34
30 years$867$622$437$302$207$28
31 years$830$588$408$278$187$23
32 years$795$556$380$255$169$20
33 years$763$527$355$235$153$16
34 years$732$499$332$216$138$14
35 years$704$473$310$199$125$11
36 years$677$449$290$183$114$9
37 years$651$427$272$169$103$8
38 years$627$406$254$156$93$7
39 years$604$386$238$143$85$5
40 years$582$367$223$132$77$5
41 years$562$349$209$122$70$4
42 years$542$333$196$113$63$3
43 years$524$317$184$104$57$3
44 years$506$302$173$96$52$2
45 years$489$288$162$89$47$2
46 years$473$275$153$82$43$2
47 years$458$262$143$76$39$1
48 years$443$250$135$70$35$1
49 years$429$239$127$65$32$1
50 years$416$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 $426,000, adding $4,494 every year, while hoping to spend $26,204 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: 40/44/16 Blend
50$426,000$426,000$426,000$426,000
51$474,088$451,510$444,907$490,632
52$494,564$445,753$431,930$497,057
53$516,250$438,835$417,641$501,121
54$539,243$430,673$401,967$504,958
55$563,646$421,177$384,833$508,562
56$589,574$410,251$366,162$511,926
57$617,153$397,796$345,870$515,046
58$646,520$383,705$323,874$517,919
59$677,824$367,865$300,083$520,544
60$711,230$350,159$274,403$522,924
61$746,917$330,459$246,738$525,064
62$785,084$308,632$216,985$526,973
63$825,946$284,539$185,037$528,662
64$869,741$258,029$150,785$530,151
65$916,729$228,947$114,110$531,462
66$967,195$197,125$74,892$532,623
67$1,021,452$162,388$33,005$533,672
68$1,079,846$124,551$0$534,653
69$1,142,753$83,417$0$537,615
70$1,210,589$38,779$0$546,769
71$1,283,809$0$0$556,574
72$1,362,915$0$0$571,782
73$1,448,456$0$0$608,576
74$1,541,038$0$0$648,444
75$1,641,326$0$0$691,679
76$1,750,050$0$0$738,602
77$1,868,016$0$0$789,568
78$1,996,108$0$0$844,964
79$2,135,297$0$0$905,219
80$2,286,655$0$0$970,803
81$2,451,359$0$0$1,042,234
82$2,630,704$0$0$1,120,082
83$2,826,114$0$0$1,204,974
84$3,039,160$0$0$1,297,600
85$3,271,567$0$0$1,398,720
86$3,525,236$0$0$1,509,170
87$3,802,257$0$0$1,629,872
88$4,104,935$0$0$1,761,838
89$4,435,803$0$0$1,906,185
90$4,797,653$0$0$2,064,141
91$5,193,558$0$0$2,237,060
92$5,626,902$0$0$2,426,432
93$6,101,409$0$0$2,633,897
94$6,621,185$0$0$2,861,262
95$7,190,746$0$0$3,110,518
96$7,815,070$0$0$3,383,856
97$8,499,638$0$0$3,683,691
98$9,250,485$0$0$4,012,682
99$10,074,261$0$0$4,373,757
100$10,978,290$0$0$4,770,143