Can I retire at age 51 with 455,000?

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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$37,573$37,239$36,912$36,594$36,282$35,963
2 years$18,601$18,254$17,919$17,593$17,277$16,956
3 years$12,277$11,929$11,595$11,272$10,961$10,647
4 years$9,116$8,769$8,438$8,121$7,818$7,514
5 years$7,220$6,875$6,548$6,238$5,943$5,650
6 years$5,956$5,614$5,292$4,988$4,702$4,420
7 years$5,054$4,715$4,398$4,101$3,824$3,554
8 years$4,378$4,041$3,729$3,440$3,173$2,913
9 years$3,852$3,519$3,212$2,930$2,672$2,424
10 years$3,431$3,102$2,800$2,526$2,277$2,039
11 years$3,088$2,761$2,465$2,198$1,958$1,732
12 years$2,801$2,478$2,188$1,928$1,697$1,481
13 years$2,559$2,240$1,955$1,702$1,480$1,274
14 years$2,352$2,036$1,756$1,511$1,297$1,102
15 years$2,173$1,860$1,586$1,348$1,142$957
16 years$2,016$1,706$1,438$1,207$1,009$834
17 years$1,878$1,571$1,308$1,084$895$729
18 years$1,755$1,452$1,194$977$796$639
19 years$1,645$1,346$1,093$883$709$561
20 years$1,546$1,251$1,003$800$633$493
21 years$1,457$1,165$923$726$567$435
22 years$1,376$1,087$851$660$508$384
23 years$1,303$1,017$785$601$456$339
24 years$1,235$953$726$548$410$300
25 years$1,173$894$673$501$369$266
26 years$1,116$840$624$458$332$235
27 years$1,063$791$579$419$300$209
28 years$1,014$745$539$384$270$185
29 years$969$703$501$352$244$165
30 years$926$664$467$323$221$146
31 years$887$628$435$297$199$130
32 years$850$594$406$273$180$116
33 years$815$562$379$251$163$103
34 years$782$533$354$231$148$91
35 years$752$506$331$212$134$81
36 years$723$480$310$196$121$72
37 years$695$456$290$180$110$65
38 years$670$433$272$166$100$57
39 years$645$412$254$153$90$51
40 years$622$392$239$141$82$46
41 years$600$373$224$130$74$41
42 years$579$355$210$120$67$36
43 years$559$338$197$111$61$32
44 years$541$323$185$103$56$29
45 years$523$308$174$95$50$26
46 years$505$294$163$87$46$23
47 years$489$280$153$81$42$20
48 years$473$267$144$75$38$18
49 years$459$255$135$69$34$16
50 years$444$244$127$64$31$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $455,000, adding $4,559 every year, while hoping to spend $24,563 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: 47/45/8 Blend
50$455,000$455,000$455,000$455,000
51$506,113$481,998$474,945$528,590
52$531,601$479,481$464,721$541,999
53$558,866$476,017$453,331$553,604
54$588,064$471,535$440,710$565,628
55$619,363$465,957$426,791$578,119
56$652,951$459,202$411,502$591,129
57$689,034$451,184$394,768$604,717
58$727,835$441,812$376,513$618,950
59$769,602$430,989$356,655$633,904
60$814,607$418,613$335,108$649,665
61$863,148$404,576$311,784$666,328
62$915,551$388,762$286,591$684,001
63$972,177$371,051$259,432$702,805
64$1,033,420$351,314$230,204$722,876
65$1,099,716$329,415$198,803$744,367
66$1,171,542$305,212$165,118$767,447
67$1,249,424$278,551$129,034$792,309
68$1,333,938$249,273$90,430$819,166
69$1,425,721$217,209$49,180$848,255
70$1,525,471$182,178$5,154$879,845
71$1,633,956$143,993$0$914,232
72$1,752,023$102,452$0$955,319
73$1,880,603$57,345$0$1,000,607
74$2,020,718$8,449$0$1,050,081
75$2,173,496$0$0$1,104,213
76$2,340,178$0$0$1,185,551
77$2,522,128$0$0$1,278,955
78$2,720,849$0$0$1,381,019
79$2,937,996$0$0$1,492,599
80$3,175,390$0$0$1,614,638
81$3,435,037$0$0$1,748,174
82$3,719,144$0$0$1,894,349
83$4,030,142$0$0$2,054,421
84$4,370,709$0$0$2,229,776
85$4,743,793$0$0$2,421,941
86$5,152,640$0$0$2,632,595
87$5,600,827$0$0$2,863,589
88$6,092,292$0$0$3,116,963
89$6,631,371$0$0$3,394,962
90$7,222,843$0$0$3,700,059
91$7,871,970$0$0$4,034,978
92$8,584,548$0$0$4,402,720
93$9,366,962$0$0$4,806,592
94$10,226,247$0$0$5,250,235
95$11,170,151$0$0$5,737,660
96$12,207,209$0$0$6,273,288
97$13,346,824$0$0$6,861,987
98$14,599,356$0$0$7,509,121
99$15,976,217$0$0$8,220,600
100$17,489,982$0$0$9,002,934