Can I retire at age 51 with 492,000?

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 $492,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$40,629$40,267$39,914$39,569$39,233$38,053
2 years$20,113$19,739$19,376$19,024$18,682$17,504
3 years$13,276$12,899$12,537$12,189$11,853$10,712
4 years$9,858$9,482$9,124$8,781$8,454$7,360
5 years$7,807$7,434$7,081$6,745$6,426$5,382
6 years$6,441$6,071$5,722$5,394$5,085$4,092
7 years$5,465$5,098$4,755$4,435$4,135$3,193
8 years$4,734$4,370$4,033$3,720$3,431$2,538
9 years$4,165$3,805$3,473$3,169$2,889$2,046
10 years$3,710$3,354$3,028$2,731$2,462$1,666
11 years$3,339$2,986$2,666$2,377$2,117$1,368
12 years$3,029$2,680$2,366$2,085$1,835$1,131
13 years$2,768$2,422$2,114$1,841$1,600$939
14 years$2,543$2,201$1,899$1,634$1,402$784
15 years$2,349$2,011$1,715$1,457$1,235$656
16 years$2,180$1,845$1,555$1,305$1,091$551
17 years$2,030$1,699$1,415$1,172$968$463
18 years$1,897$1,570$1,291$1,057$860$391
19 years$1,779$1,455$1,182$955$767$330
20 years$1,672$1,352$1,085$865$685$279
21 years$1,576$1,260$998$785$613$236
22 years$1,488$1,176$920$714$549$200
23 years$1,409$1,100$849$650$493$170
24 years$1,336$1,030$785$593$443$144
25 years$1,268$967$727$541$399$122
26 years$1,207$909$675$495$359$104
27 years$1,150$855$627$453$324$88
28 years$1,097$806$582$415$292$75
29 years$1,047$760$542$381$264$64
30 years$1,001$718$505$349$239$54
31 years$959$679$471$321$216$46
32 years$919$642$439$295$195$39
33 years$881$608$410$271$177$33
34 years$846$576$383$249$160$28
35 years$813$547$358$230$145$24
36 years$781$519$335$211$131$21
37 years$752$493$314$195$119$18
38 years$724$468$294$180$108$15
39 years$698$445$275$166$98$13
40 years$673$424$258$153$89$11
41 years$649$403$242$141$80$9
42 years$626$384$227$130$73$8
43 years$605$366$213$120$66$7
44 years$585$349$200$111$60$6
45 years$565$333$188$102$55$5
46 years$547$317$176$95$50$4
47 years$529$303$166$87$45$4
48 years$512$289$156$81$41$3
49 years$496$276$146$75$37$3
50 years$480$264$137$69$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $492,000, adding $4,431 every year, while hoping to spend $24,398 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: 50/21/29 Blend
50$492,000$492,000$492,000$492,000
51$546,755$520,679$513,053$569,407
52$576,564$520,233$504,281$585,273
53$608,597$518,947$494,397$599,735
54$643,053$516,755$483,339$614,983
55$680,154$513,585$471,040$631,103
56$720,142$509,363$457,432$648,192
57$763,283$504,008$442,442$666,356
58$809,869$497,436$425,995$685,715
59$860,222$489,557$408,013$706,405
60$914,695$480,276$388,412$728,572
61$973,677$469,492$367,106$752,384
62$1,037,593$457,098$344,006$778,025
63$1,106,914$442,982$319,016$805,701
64$1,182,155$427,025$292,039$835,640
65$1,263,885$409,099$262,973$868,096
66$1,352,727$389,071$231,708$903,353
67$1,449,369$366,799$198,134$941,724
68$1,554,567$342,134$162,133$983,556
69$1,669,151$314,917$123,583$1,029,238
70$1,794,038$284,981$82,357$1,079,198
71$1,930,233$252,149$38,320$1,133,912
72$2,078,847$216,234$0$1,193,909
73$2,241,099$177,039$0$1,262,458
74$2,418,332$134,355$0$1,350,352
75$2,612,026$87,962$0$1,446,487
76$2,823,807$37,627$0$1,551,708
77$3,055,468$0$0$1,666,949
78$3,308,984$0$0$1,797,144
79$3,586,526$0$0$1,949,248
80$3,890,489$0$0$2,115,883
81$4,223,507$0$0$2,298,501
82$4,588,483$0$0$2,498,700
83$4,988,613$0$0$2,718,241
84$5,427,417$0$0$2,959,062
85$5,908,774$0$0$3,223,299
86$6,436,954$0$0$3,513,304
87$7,016,660$0$0$3,831,668
88$7,653,076$0$0$4,181,246
89$8,351,908$0$0$4,565,181
90$9,119,445$0$0$4,986,938
91$9,962,614$0$0$5,450,331
92$10,889,045$0$0$5,959,563
93$11,907,144$0$0$6,519,267
94$13,026,173$0$0$7,134,542
95$14,256,336$0$0$7,811,011
96$15,608,871$0$0$8,554,865
97$17,096,165$0$0$9,372,927
98$18,731,861$0$0$10,272,713
99$20,530,992$0$0$11,262,505
100$22,510,122$0$0$12,351,428