Can I retire at age 51 with 444,000?

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 $444,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$36,665$36,339$36,020$35,709$35,405$34,493
2 years$18,151$17,813$17,485$17,168$16,860$15,947
3 years$11,980$11,641$11,314$11,000$10,696$9,812
4 years$8,896$8,557$8,234$7,925$7,629$6,779
5 years$7,046$6,709$6,390$6,087$5,799$4,986
6 years$5,812$5,478$5,164$4,868$4,589$3,813
7 years$4,932$4,601$4,291$4,002$3,732$2,994
8 years$4,272$3,944$3,639$3,357$3,096$2,396
9 years$3,759$3,434$3,135$2,860$2,607$1,944
10 years$3,348$3,027$2,733$2,465$2,222$1,594
11 years$3,013$2,694$2,406$2,145$1,911$1,318
12 years$2,734$2,418$2,135$1,882$1,656$1,098
13 years$2,498$2,186$1,908$1,661$1,444$919
14 years$2,295$1,987$1,714$1,475$1,266$772
15 years$2,120$1,815$1,548$1,315$1,114$651
16 years$1,967$1,665$1,403$1,178$985$551
17 years$1,832$1,533$1,277$1,058$873$467
18 years$1,712$1,417$1,165$954$776$397
19 years$1,605$1,313$1,067$862$692$338
20 years$1,509$1,220$979$780$618$288
21 years$1,422$1,137$901$708$553$246
22 years$1,343$1,061$830$644$496$210
23 years$1,271$992$766$586$445$180
24 years$1,205$930$709$535$400$154
25 years$1,145$873$657$488$360$132
26 years$1,089$820$609$447$324$113
27 years$1,037$772$565$409$292$97
28 years$990$727$526$375$264$83
29 years$945$686$489$343$238$71
30 years$904$648$456$315$215$61
31 years$865$612$425$290$195$53
32 years$829$580$396$266$176$45
33 years$795$549$370$245$159$39
34 years$763$520$346$225$144$33
35 years$733$493$323$207$131$29
36 years$705$468$302$191$118$25
37 years$679$445$283$176$107$21
38 years$653$423$265$162$97$18
39 years$630$402$248$149$88$16
40 years$607$382$233$138$80$13
41 years$586$364$218$127$73$12
42 years$565$347$205$117$66$10
43 years$546$330$192$108$60$9
44 years$528$315$180$100$54$7
45 years$510$300$169$92$49$6
46 years$493$286$159$85$45$5
47 years$477$273$149$79$41$5
48 years$462$261$140$73$37$4
49 years$447$249$132$67$33$3
50 years$433$238$124$62$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $444,000, adding $3,362 every year, while hoping to spend $22,068 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: 55/25/20 Blend
50$444,000$444,000$444,000$444,000
51$492,756$469,224$462,342$517,019
52$519,537$468,736$454,350$533,494
53$548,310$467,484$445,351$548,800
54$579,255$465,408$435,288$564,988
55$612,569$462,443$424,100$582,149
56$648,470$458,522$411,726$600,383
57$687,195$453,570$398,100$619,803
58$729,006$447,513$383,154$640,531
59$774,191$440,268$366,816$662,708
60$823,067$431,748$349,012$686,486
61$875,979$421,864$329,664$712,036
62$933,311$410,517$308,690$739,547
63$995,482$397,606$286,004$769,230
64$1,062,955$383,022$261,519$801,317
65$1,136,236$366,650$235,140$836,067
66$1,215,885$348,369$206,770$873,767
67$1,302,517$328,050$176,308$914,736
68$1,396,807$305,558$143,648$959,324
69$1,499,500$280,750$108,679$1,007,923
70$1,611,415$253,472$71,285$1,060,966
71$1,733,452$223,565$31,346$1,118,931
72$1,866,604$190,860$0$1,182,350
73$2,011,962$155,176$0$1,254,216
74$2,170,728$116,326$0$1,340,069
75$2,344,225$74,108$0$1,433,961
76$2,533,909$28,313$0$1,536,720
77$2,741,384$0$0$1,649,259
78$2,968,416$0$0$1,778,442
79$3,216,948$0$0$1,928,424
80$3,489,121$0$0$2,092,716
81$3,787,294$0$0$2,272,744
82$4,114,062$0$0$2,470,082
83$4,472,285$0$0$2,686,462
84$4,865,112$0$0$2,923,793
85$5,296,013$0$0$3,184,175
86$5,768,807$0$0$3,469,925
87$6,287,703$0$0$3,783,592
88$6,857,336$0$0$4,127,984
89$7,482,813$0$0$4,506,196
90$8,169,759$0$0$4,921,636
91$8,924,369$0$0$5,378,058
92$9,753,471$0$0$5,879,600
93$10,664,583$0$0$6,430,818
94$11,665,992$0$0$7,036,733
95$12,766,823$0$0$7,702,875
96$13,977,132$0$0$8,435,337
97$15,307,997$0$0$9,240,835
98$16,771,625$0$0$10,126,763
99$18,381,462$0$0$11,101,272
100$20,152,325$0$0$12,173,341