Can I retire at age 51 with 469,000?

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 $469,000?

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$38,730$38,385$38,048$37,720$37,399$35,915
2 years$19,173$18,816$18,470$18,134$17,809$16,332
3 years$12,655$12,296$11,951$11,619$11,299$9,876
4 years$9,397$9,039$8,697$8,371$8,058$6,700
5 years$7,442$7,087$6,750$6,430$6,126$4,836
6 years$6,140$5,787$5,455$5,142$4,847$3,626
7 years$5,210$4,860$4,533$4,227$3,942$2,789
8 years$4,512$4,166$3,844$3,546$3,270$2,185
9 years$3,970$3,627$3,311$3,021$2,754$1,734
10 years$3,537$3,197$2,887$2,604$2,347$1,390
11 years$3,183$2,846$2,541$2,266$2,018$1,123
12 years$2,888$2,555$2,255$1,988$1,749$913
13 years$2,638$2,309$2,015$1,755$1,525$746
14 years$2,425$2,098$1,811$1,558$1,337$611
15 years$2,240$1,917$1,635$1,389$1,177$503
16 years$2,078$1,759$1,482$1,244$1,040$414
17 years$1,935$1,620$1,349$1,118$922$342
18 years$1,809$1,497$1,231$1,007$820$283
19 years$1,696$1,387$1,127$910$731$235
20 years$1,594$1,289$1,034$824$653$195
21 years$1,502$1,201$951$748$584$162
22 years$1,419$1,121$877$680$524$134
23 years$1,343$1,048$810$619$470$112
24 years$1,273$982$749$565$423$93
25 years$1,209$922$693$516$380$77
26 years$1,150$866$643$472$343$64
27 years$1,096$815$597$432$309$54
28 years$1,045$768$555$396$279$45
29 years$998$725$517$363$252$37
30 years$955$684$481$333$227$31
31 years$914$647$449$306$206$26
32 years$876$612$419$281$186$22
33 years$840$580$391$258$168$18
34 years$806$549$365$238$152$15
35 years$775$521$341$219$138$12
36 years$745$495$319$202$125$10
37 years$717$470$299$186$113$9
38 years$690$446$280$171$103$7
39 years$665$425$262$158$93$6
40 years$641$404$246$146$84$5
41 years$619$385$231$134$77$4
42 years$597$366$216$124$70$3
43 years$577$349$203$114$63$3
44 years$557$333$190$106$57$2
45 years$539$317$179$98$52$2
46 years$521$303$168$90$47$2
47 years$504$289$158$83$43$1
48 years$488$276$148$77$39$1
49 years$473$263$139$71$35$1
50 years$458$251$131$66$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $469,000, adding $3,123 every year, while hoping to spend $37,120 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: 51/42/7 Blend
50$469,000$469,000$469,000$469,000
51$520,059$495,202$487,933$545,518
52$533,610$479,972$464,783$547,950
53$547,299$462,751$439,614$546,329
54$561,100$443,403$412,318$543,683
55$574,986$421,783$382,784$539,924
56$588,923$397,739$350,896$534,959
57$602,873$371,108$316,530$528,685
58$616,792$341,719$279,561$520,994
59$630,634$309,391$239,855$511,770
60$644,341$273,934$197,272$500,887
61$657,852$235,145$151,669$488,211
62$671,096$192,810$102,893$473,598
63$683,995$146,705$50,787$456,892
64$696,459$96,591$0$437,926
65$708,390$42,215$0$416,882
66$719,676$0$0$397,279
67$730,192$0$0$382,838
68$739,800$0$0$387,370
69$748,345$0$0$391,277
70$755,653$0$0$394,462
71$761,533$0$0$396,814
72$765,770$0$0$398,213
73$768,125$0$0$398,523
74$768,335$0$0$397,596
75$766,104$0$0$395,264
76$761,107$0$0$391,344
77$752,981$0$0$385,630
78$741,326$0$0$377,896
79$725,694$0$0$367,891
80$705,595$0$0$355,335
81$680,480$0$0$339,922
82$649,745$0$0$321,309
83$612,721$0$0$299,119
84$568,666$0$0$272,934
85$516,762$0$0$242,293
86$456,101$0$0$206,684
87$385,682$0$0$165,543
88$304,396$0$0$118,245
89$211,019$0$0$64,101
90$104,198$0$0$2,349
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0