Can I retire at age 51 with 266,000?

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 $266,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$21,966$21,770$21,579$21,393$21,211$20,426
2 years$10,874$10,672$10,475$10,285$10,101$9,318
3 years$7,178$6,974$6,778$6,590$6,408$5,654
4 years$5,329$5,127$4,933$4,748$4,570$3,849
5 years$4,221$4,019$3,828$3,647$3,474$2,788
6 years$3,482$3,282$3,094$2,916$2,749$2,099
7 years$2,955$2,756$2,571$2,398$2,236$1,621
8 years$2,559$2,363$2,180$2,011$1,855$1,275
9 years$2,252$2,057$1,878$1,713$1,562$1,016
10 years$2,006$1,813$1,637$1,477$1,331$819
11 years$1,805$1,614$1,441$1,285$1,145$664
12 years$1,638$1,449$1,279$1,127$992$543
13 years$1,496$1,309$1,143$995$865$445
14 years$1,375$1,190$1,027$883$758$367
15 years$1,270$1,087$927$788$668$303
16 years$1,178$998$841$705$590$251
17 years$1,098$919$765$634$523$209
18 years$1,026$849$698$571$465$174
19 years$962$787$639$516$415$145
20 years$904$731$587$467$370$121
21 years$852$681$540$424$331$101
22 years$805$636$497$386$297$84
23 years$762$595$459$351$267$70
24 years$722$557$425$320$240$59
25 years$686$523$393$293$216$49
26 years$652$491$365$268$194$41
27 years$621$462$339$245$175$35
28 years$593$436$315$224$158$29
29 years$566$411$293$206$143$24
30 years$541$388$273$189$129$20
31 years$518$367$254$173$117$17
32 years$497$347$237$159$105$14
33 years$476$329$222$147$95$12
34 years$457$312$207$135$86$10
35 years$439$296$194$124$78$8
36 years$422$281$181$114$71$7
37 years$407$266$170$105$64$6
38 years$391$253$159$97$58$5
39 years$377$241$149$90$53$4
40 years$364$229$139$83$48$3
41 years$351$218$131$76$43$3
42 years$339$208$123$70$39$2
43 years$327$198$115$65$36$2
44 years$316$189$108$60$33$2
45 years$306$180$101$55$30$1
46 years$296$172$95$51$27$1
47 years$286$164$90$47$24$1
48 years$277$156$84$44$22$1
49 years$268$149$79$40$20$1
50 years$260$143$74$37$18$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $266,000, adding $2,075 every year, while hoping to spend $20,773 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: 54/27/19 Blend
50$266,000$266,000$266,000$266,000
51$295,272$281,174$277,051$309,591
52$303,288$272,850$264,230$311,296
53$311,425$263,421$250,283$310,781
54$319,673$252,812$235,151$309,767
55$328,022$240,942$218,771$308,212
56$336,459$227,727$201,079$306,072
57$344,968$213,075$182,005$303,300
58$353,532$196,893$161,479$299,843
59$362,131$179,080$139,428$295,647
60$370,742$159,528$115,772$290,653
61$379,339$138,126$90,432$284,798
62$387,893$114,755$63,322$278,014
63$396,369$89,290$34,355$270,229
64$404,731$61,597$3,438$261,364
65$412,936$31,538$0$251,335
66$420,936$0$0$246,045
67$428,676$0$0$240,846
68$436,098$0$0$244,813
69$443,133$0$0$248,537
70$449,707$0$0$251,971
71$455,734$0$0$255,065
72$461,120$0$0$257,762
73$465,762$0$0$260,000
74$469,541$0$0$261,708
75$472,329$0$0$262,809
76$473,980$0$0$263,217
77$474,334$0$0$262,834
78$473,213$0$0$261,554
79$470,417$0$0$259,259
80$465,728$0$0$255,818
81$458,902$0$0$251,084
82$449,668$0$0$244,896
83$437,726$0$0$237,075
84$422,746$0$0$227,423
85$404,359$0$0$215,721
86$382,160$0$0$201,726
87$355,698$0$0$185,169
88$324,475$0$0$165,755
89$287,941$0$0$143,153
90$245,487$0$0$117,001
91$196,440$0$0$86,899
92$140,057$0$0$52,401
93$75,516$0$0$13,019
94$1,908$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