Can I retire at age 51 with 432,000?

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 $432,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$35,674$35,356$35,046$34,744$34,448$33,213
2 years$17,660$17,332$17,013$16,704$16,404$15,173
3 years$11,657$11,326$11,008$10,702$10,407$9,219
4 years$8,655$8,326$8,011$7,710$7,423$6,286
5 years$6,855$6,528$6,217$5,922$5,643$4,561
6 years$5,655$5,330$5,024$4,736$4,465$3,439
7 years$4,799$4,476$4,175$3,894$3,631$2,660
8 years$4,156$3,837$3,541$3,266$3,012$2,096
9 years$3,657$3,341$3,050$2,782$2,537$1,674
10 years$3,258$2,945$2,659$2,398$2,161$1,351
11 years$2,932$2,622$2,341$2,087$1,859$1,099
12 years$2,660$2,353$2,077$1,831$1,611$899
13 years$2,430$2,126$1,856$1,616$1,405$739
14 years$2,233$1,933$1,668$1,435$1,231$610
15 years$2,063$1,766$1,506$1,280$1,084$505
16 years$1,914$1,620$1,365$1,146$958$420
17 years$1,783$1,492$1,242$1,029$850$349
18 years$1,666$1,379$1,134$928$755$291
19 years$1,562$1,278$1,038$838$673$243
20 years$1,468$1,187$953$759$601$203
21 years$1,384$1,106$876$689$538$170
22 years$1,307$1,032$808$627$482$142
23 years$1,237$966$746$571$433$119
24 years$1,173$905$690$520$389$100
25 years$1,114$849$639$475$350$84
26 years$1,059$798$592$435$316$70
27 years$1,009$751$550$398$284$59
28 years$963$708$511$364$257$50
29 years$920$668$476$334$232$42
30 years$879$630$443$307$209$35
31 years$842$596$413$282$189$29
32 years$807$564$386$259$171$25
33 years$774$534$360$238$155$21
34 years$743$506$336$219$140$17
35 years$714$480$315$202$127$15
36 years$686$456$294$186$115$12
37 years$660$433$275$171$104$10
38 years$636$411$258$158$95$9
39 years$613$391$242$145$86$7
40 years$591$372$226$134$78$6
41 years$570$354$212$124$71$5
42 years$550$337$199$114$64$4
43 years$531$321$187$105$58$4
44 years$513$306$175$97$53$3
45 years$496$292$165$90$48$3
46 years$480$279$155$83$44$2
47 years$464$266$145$77$40$2
48 years$450$254$137$71$36$2
49 years$435$242$128$66$33$1
50 years$422$232$121$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $432,000, adding $4,226 every year, while hoping to spend $25,318 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: 37/33/30 Blend
50$432,000$432,000$432,000$432,000
51$480,423$457,527$450,831$493,771
52$502,488$453,008$438,996$499,536
53$525,955$447,418$425,915$503,168
54$550,941$440,680$411,522$506,616
55$577,572$432,708$395,743$509,881
56$605,988$423,415$378,504$512,965
57$636,342$412,706$359,727$515,874
58$668,801$400,481$339,330$518,616
59$703,549$386,634$317,228$521,204
60$740,787$371,055$293,331$523,652
61$780,736$353,626$267,546$525,982
62$823,638$334,220$239,776$528,219
63$869,758$312,706$209,918$530,393
64$919,390$288,945$177,866$532,543
65$972,852$262,788$143,510$534,714
66$1,030,498$234,080$106,732$536,959
67$1,092,714$202,655$67,413$539,341
68$1,159,925$168,338$25,425$541,934
69$1,232,597$130,947$0$544,825
70$1,311,244$90,286$0$554,316
71$1,396,431$46,149$0$573,406
72$1,488,776$0$0$594,126
73$1,588,964$0$0$617,283
74$1,697,742$0$0$660,673
75$1,815,938$0$0$707,871
76$1,944,457$0$0$759,248
77$2,084,300$0$0$815,210
78$2,236,563$0$0$876,202
79$2,402,457$0$0$942,718
80$2,583,312$0$0$1,015,299
81$2,780,592$0$0$1,094,540
82$2,995,909$0$0$1,181,098
83$3,231,036$0$0$1,275,695
84$3,487,927$0$0$1,379,125
85$3,768,732$0$0$1,492,265
86$4,075,817$0$0$1,616,077
87$4,411,789$0$0$1,751,624
88$4,779,518$0$0$1,900,073
89$5,182,164$0$0$2,062,713
90$5,623,206$0$0$2,240,961
91$6,106,478$0$0$2,436,377
92$6,636,198$0$0$2,650,680
93$7,217,016$0$0$2,885,765
94$7,854,051$0$0$3,143,718
95$8,552,942$0$0$3,426,835
96$9,319,900$0$0$3,737,647
97$10,161,767$0$0$4,078,943
98$11,086,077$0$0$4,453,792
99$12,101,134$0$0$4,865,578
100$13,216,081$0$0$5,318,027