Can I retire at age 51 with 267,000?

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 $267,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$22,049$21,852$21,661$21,474$21,291$20,726
2 years$10,915$10,712$10,515$10,324$10,139$9,573
3 years$7,204$7,000$6,804$6,615$6,432$5,884
4 years$5,350$5,146$4,951$4,765$4,588$4,061
5 years$4,237$4,035$3,843$3,660$3,487$2,984
6 years$3,495$3,294$3,105$2,927$2,759$2,280
7 years$2,966$2,767$2,581$2,407$2,244$1,788
8 years$2,569$2,372$2,188$2,019$1,862$1,429
9 years$2,260$2,065$1,885$1,720$1,568$1,158
10 years$2,014$1,820$1,643$1,482$1,336$949
11 years$1,812$1,620$1,447$1,290$1,149$783
12 years$1,644$1,454$1,284$1,132$996$651
13 years$1,502$1,314$1,147$999$868$544
14 years$1,380$1,195$1,031$887$761$457
15 years$1,275$1,091$931$791$670$385
16 years$1,183$1,001$844$708$592$325
17 years$1,102$922$768$636$525$275
18 years$1,030$852$701$573$467$234
19 years$965$790$642$518$416$199
20 years$907$734$589$469$372$169
21 years$855$684$542$426$333$144
22 years$808$638$499$387$298$123
23 years$764$597$461$353$268$105
24 years$725$559$426$322$241$90
25 years$688$525$395$294$216$77
26 years$655$493$366$269$195$66
27 years$624$464$340$246$176$56
28 years$595$437$316$225$159$48
29 years$568$413$294$207$143$41
30 years$543$390$274$190$129$35
31 years$520$368$255$174$117$30
32 years$499$349$238$160$106$26
33 years$478$330$223$147$96$22
34 years$459$313$208$135$87$19
35 years$441$297$194$125$79$16
36 years$424$282$182$115$71$14
37 years$408$267$170$106$65$12
38 years$393$254$159$97$58$10
39 years$379$242$149$90$53$9
40 years$365$230$140$83$48$8
41 years$352$219$131$76$44$7
42 years$340$208$123$71$40$6
43 years$328$199$116$65$36$5
44 years$317$189$108$60$33$4
45 years$307$181$102$56$30$4
46 years$297$172$96$51$27$3
47 years$287$164$90$47$24$3
48 years$278$157$84$44$22$2
49 years$269$150$79$40$20$2
50 years$261$143$75$37$18$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $267,000, adding $4,524 every year, while hoping to spend $20,918 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: 63/26/11 Blend
50$267,000$267,000$267,000$267,000
51$298,901$284,750$280,611$316,702
52$307,132$276,446$267,755$320,863
53$315,502$267,034$253,767$322,573
54$324,002$256,438$238,587$323,917
55$332,623$244,576$222,153$324,859
56$341,355$231,364$204,399$325,361
57$350,183$216,711$185,257$325,382
58$359,093$200,521$164,654$324,876
59$368,067$182,694$142,517$323,796
60$377,086$163,122$118,767$322,089
61$386,126$141,692$93,323$319,701
62$395,162$118,286$66,100$316,569
63$404,163$92,776$37,009$312,631
64$413,096$65,031$5,957$307,815
65$421,923$34,908$0$302,046
66$430,601$2,261$0$298,432
67$439,082$0$0$294,648
68$447,311$0$0$299,374
69$455,229$0$0$304,518
70$462,766$0$0$309,388
71$469,847$0$0$313,930
72$476,387$0$0$318,083
73$482,289$0$0$321,783
74$487,450$0$0$324,954
75$491,749$0$0$327,515
76$495,056$0$0$329,374
77$497,225$0$0$330,428
78$498,093$0$0$330,565
79$497,479$0$0$329,659
80$495,183$0$0$327,569
81$490,981$0$0$324,142
82$484,628$0$0$319,204
83$475,849$0$0$312,566
84$464,341$0$0$304,015
85$449,768$0$0$293,319
86$431,757$0$0$280,219
87$409,897$0$0$264,427
88$383,731$0$0$245,626
89$352,755$0$0$223,466
90$316,411$0$0$197,559
91$274,081$0$0$167,475
92$225,084$0$0$132,739
93$168,666$0$0$92,829
94$103,992$0$0$47,164
95$30,142$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