Can I retire at age 51 with 431,000?

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 $431,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$35,592$35,275$34,965$34,663$34,369$33,031
2 years$17,620$17,291$16,973$16,665$16,366$15,035
3 years$11,630$11,300$10,983$10,677$10,383$9,100
4 years$8,635$8,307$7,993$7,693$7,405$6,180
5 years$6,839$6,513$6,203$5,909$5,629$4,465
6 years$5,642$5,318$5,013$4,725$4,454$3,352
7 years$4,787$4,466$4,166$3,885$3,623$2,581
8 years$4,147$3,828$3,533$3,259$3,005$2,024
9 years$3,649$3,333$3,043$2,776$2,531$1,609
10 years$3,250$2,938$2,653$2,393$2,156$1,291
11 years$2,925$2,616$2,335$2,082$1,855$1,045
12 years$2,654$2,348$2,073$1,827$1,607$850
13 years$2,424$2,122$1,852$1,613$1,401$695
14 years$2,228$1,928$1,664$1,431$1,229$571
15 years$2,058$1,762$1,502$1,277$1,082$470
16 years$1,909$1,616$1,362$1,143$956$388
17 years$1,779$1,489$1,239$1,027$848$321
18 years$1,662$1,375$1,131$926$754$266
19 years$1,558$1,275$1,036$836$672$221
20 years$1,465$1,185$951$757$600$183
21 years$1,380$1,103$874$687$537$153
22 years$1,304$1,030$806$625$481$127
23 years$1,234$963$744$569$432$106
24 years$1,170$903$688$519$388$88
25 years$1,111$847$637$474$349$73
26 years$1,057$796$591$434$315$61
27 years$1,007$749$549$397$284$51
28 years$961$706$510$364$256$43
29 years$917$666$475$333$231$36
30 years$877$629$442$306$209$30
31 years$840$595$412$281$189$25
32 years$805$563$385$258$171$21
33 years$772$533$359$238$155$17
34 years$741$505$336$219$140$14
35 years$712$479$314$201$127$12
36 years$685$455$294$185$115$10
37 years$659$432$275$171$104$8
38 years$634$410$257$157$94$7
39 years$611$390$241$145$86$6
40 years$589$371$226$134$78$5
41 years$568$353$212$123$70$4
42 years$549$337$199$114$64$3
43 years$530$321$186$105$58$3
44 years$512$306$175$97$53$2
45 years$495$291$164$90$48$2
46 years$479$278$154$83$43$2
47 years$463$265$145$77$39$1
48 years$449$253$136$71$36$1
49 years$434$242$128$65$33$1
50 years$421$231$120$60$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $431,000, adding $6,168 every year, while hoping to spend $21,537 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: 76/15/9 Blend
50$431,000$431,000$431,000$431,000
51$481,324$458,481$451,801$516,726
52$507,504$458,032$444,021$540,431
53$535,633$456,838$435,259$563,049
54$565,885$454,842$425,458$587,227
55$598,456$451,979$414,561$613,109
56$633,557$448,184$402,507$640,858
57$671,421$443,386$389,232$670,651
58$712,304$437,511$374,670$702,687
59$756,487$430,477$358,750$737,180
60$804,281$422,202$341,400$774,371
61$856,024$412,597$322,543$814,523
62$912,091$401,567$302,101$857,927
63$972,892$389,012$279,989$904,904
64$1,038,880$374,826$256,122$955,807
65$1,110,552$358,898$230,408$1,011,027
66$1,188,453$341,109$202,752$1,070,995
67$1,273,187$321,335$173,055$1,136,185
68$1,365,413$299,442$141,214$1,207,121
69$1,465,861$275,290$107,120$1,284,381
70$1,575,332$248,732$70,662$1,368,602
71$1,694,707$219,612$31,721$1,460,488
72$1,824,958$187,763$0$1,560,814
73$1,967,152$153,012$0$1,671,380
74$2,122,465$115,173$0$1,795,497
75$2,292,192$74,052$0$1,931,169
76$2,477,758$29,443$0$2,079,557
77$2,680,732$0$0$2,241,942
78$2,902,842$0$0$2,422,849
79$3,145,991$0$0$2,626,229
80$3,412,274$0$0$2,848,975
81$3,703,997$0$0$3,093,019
82$4,023,701$0$0$3,360,489
83$4,374,185$0$0$3,653,729
84$4,758,530$0$0$3,975,320
85$5,180,132$0$0$4,328,103
86$5,642,728$0$0$4,715,210
87$6,150,436$0$0$5,140,089
88$6,707,794$0$0$5,606,540
89$7,319,798$0$0$6,118,747
90$7,991,952$0$0$6,681,320
91$8,730,320$0$0$7,299,337
92$9,541,582$0$0$7,978,392
93$10,433,097$0$0$8,724,648
94$11,412,972$0$0$9,544,895
95$12,490,138$0$0$10,446,612
96$13,674,437$0$0$11,438,041
97$14,976,709$0$0$12,528,261
98$16,408,898$0$0$13,727,274
99$17,984,165$0$0$15,046,103
100$19,717,007$0$0$16,496,889