Can I retire at age 51 with 286,000?

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 $286,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$23,618$23,407$23,202$23,002$22,806$22,401
2 years$11,692$11,474$11,263$11,058$10,860$10,453
3 years$7,717$7,498$7,288$7,085$6,890$6,494
4 years$5,730$5,512$5,304$5,105$4,914$4,532
5 years$4,538$4,322$4,116$3,921$3,736$3,369
6 years$3,744$3,529$3,326$3,135$2,956$2,605
7 years$3,177$2,964$2,764$2,578$2,404$2,068
8 years$2,752$2,540$2,344$2,162$1,994$1,674
9 years$2,421$2,212$2,019$1,842$1,679$1,375
10 years$2,157$1,950$1,760$1,588$1,431$1,142
11 years$1,941$1,736$1,550$1,382$1,231$956
12 years$1,761$1,558$1,375$1,212$1,066$806
13 years$1,609$1,408$1,229$1,070$930$684
14 years$1,479$1,280$1,104$950$815$583
15 years$1,366$1,169$997$847$718$499
16 years$1,267$1,073$904$759$634$428
17 years$1,180$988$822$682$562$368
18 years$1,103$913$751$614$500$318
19 years$1,034$846$687$555$446$274
20 years$972$786$631$503$398$238
21 years$916$732$580$456$356$206
22 years$865$683$535$415$319$179
23 years$819$639$494$378$287$155
24 years$776$599$457$345$258$135
25 years$737$562$423$315$232$118
26 years$701$528$392$288$209$102
27 years$668$497$364$263$188$89
28 years$637$468$339$241$170$78
29 years$609$442$315$221$153$68
30 years$582$417$293$203$139$59
31 years$557$395$274$186$125$52
32 years$534$373$255$171$113$45
33 years$512$354$238$158$103$39
34 years$492$335$223$145$93$34
35 years$472$318$208$133$84$30
36 years$454$302$195$123$76$26
37 years$437$286$182$113$69$23
38 years$421$272$171$104$63$20
39 years$406$259$160$96$57$18
40 years$391$246$150$89$52$15
41 years$377$234$141$82$47$13
42 years$364$223$132$76$42$12
43 years$352$213$124$70$38$10
44 years$340$203$116$64$35$9
45 years$329$193$109$60$32$8
46 years$318$184$102$55$29$7
47 years$307$176$96$51$26$6
48 years$298$168$90$47$24$5
49 years$288$161$85$43$22$5
50 years$279$153$80$40$20$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $286,000, adding $6,341 every year, while hoping to spend $23,699 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: 75/10/15 Blend
50$286,000$286,000$286,000$286,000
51$321,713$306,555$302,122$344,324
52$329,312$296,360$287,027$349,940
53$336,892$284,872$270,633$352,527
54$344,426$272,002$252,870$354,721
55$351,883$257,656$233,667$356,475
56$359,229$241,735$212,949$357,740
57$366,425$224,134$190,637$358,460
58$373,428$204,744$166,651$358,576
59$380,188$183,447$140,904$358,020
60$386,651$160,120$113,308$356,722
61$392,755$134,631$83,770$354,602
62$398,431$106,844$52,191$351,574
63$403,604$76,612$18,472$347,544
64$408,187$43,781$0$342,409
65$412,085$8,189$0$338,858
66$415,191$0$0$337,303
67$417,389$0$0$338,006
68$418,546$0$0$338,742
69$418,516$0$0$338,491
70$417,138$0$0$337,119
71$414,230$0$0$334,475
72$409,595$0$0$330,395
73$403,010$0$0$324,696
74$394,229$0$0$317,175
75$382,981$0$0$307,606
76$368,966$0$0$295,741
77$351,848$0$0$281,303
78$331,260$0$0$263,988
79$306,793$0$0$243,457
80$277,995$0$0$219,337
81$244,367$0$0$191,215
82$205,357$0$0$158,634
83$160,353$0$0$121,090
84$108,682$0$0$78,023
85$49,597$0$0$28,817
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
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