Can I retire at age 51 with 322,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $322,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$26,590$26,354$26,123$25,897$25,677$25,419
2 years$13,164$12,918$12,681$12,450$12,227$11,968
3 years$8,689$8,442$8,205$7,977$7,757$7,504
4 years$6,451$6,206$5,971$5,747$5,533$5,287
5 years$5,110$4,866$4,634$4,414$4,206$3,970
6 years$4,215$3,973$3,745$3,530$3,328$3,101
7 years$3,577$3,337$3,112$2,902$2,706$2,489
8 years$3,098$2,860$2,639$2,435$2,245$2,037
9 years$2,726$2,490$2,273$2,074$1,891$1,691
10 years$2,428$2,195$1,982$1,788$1,611$1,421
11 years$2,185$1,954$1,745$1,556$1,386$1,204
12 years$1,983$1,754$1,548$1,365$1,201$1,028
13 years$1,811$1,585$1,383$1,205$1,047$883
14 years$1,665$1,441$1,243$1,069$918$762
15 years$1,538$1,316$1,122$954$808$660
16 years$1,427$1,208$1,018$854$714$574
17 years$1,329$1,112$926$767$633$501
18 years$1,242$1,028$845$692$563$438
19 years$1,164$952$774$625$502$384
20 years$1,094$885$710$566$448$337
21 years$1,031$824$653$514$401$296
22 years$974$769$602$467$360$261
23 years$922$720$556$425$323$230
24 years$874$674$514$388$290$203
25 years$830$633$476$354$261$179
26 years$790$595$442$324$235$158
27 years$752$560$410$296$212$140
28 years$718$527$381$272$191$124
29 years$685$498$355$249$173$110
30 years$655$470$330$229$156$97
31 years$627$444$308$210$141$86
32 years$601$420$287$193$128$77
33 years$577$398$268$177$116$68
34 years$554$377$251$163$105$60
35 years$532$358$234$150$95$54
36 years$511$340$219$138$86$48
37 years$492$323$205$128$78$42
38 years$474$307$192$118$71$38
39 years$457$291$180$108$64$33
40 years$440$277$169$100$58$30
41 years$425$264$158$92$53$26
42 years$410$251$148$85$48$23
43 years$396$240$139$79$43$21
44 years$383$228$131$73$39$19
45 years$370$218$123$67$36$16
46 years$358$208$115$62$32$15
47 years$346$198$108$57$29$13
48 years$335$189$102$53$27$12
49 years$325$181$96$49$24$10
50 years$314$173$90$45$22$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $322,000, adding $4,831 every year, while hoping to spend $21,602 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: 79/6/15 Blend
50$322,000$322,000$322,000$322,000
51$359,827$342,761$337,770$386,753
52$373,545$336,572$326,101$398,974
53$387,938$329,356$313,317$409,132
54$403,053$321,039$299,358$419,669
55$418,939$311,544$284,161$430,614
56$435,650$300,790$267,660$441,998
57$453,247$288,689$249,787$453,858
58$471,793$275,149$230,470$466,231
59$491,359$260,075$209,633$479,163
60$512,020$243,361$187,199$492,701
61$533,862$224,901$163,086$506,897
62$556,974$204,580$137,207$521,812
63$581,456$182,275$109,474$537,510
64$607,417$157,859$79,794$554,064
65$634,976$131,196$48,069$571,552
66$664,262$102,143$14,198$590,065
67$695,417$70,549$0$609,698
68$728,598$36,254$0$634,075
69$763,973$0$0$662,454
70$801,731$0$0$692,772
71$842,074$0$0$727,731
72$885,228$0$0$765,130
73$931,436$0$0$805,184
74$980,970$0$0$848,127
75$1,034,123$0$0$894,216
76$1,091,220$0$0$943,733
77$1,152,618$0$0$996,987
78$1,218,705$0$0$1,054,318
79$1,289,912$0$0$1,116,100
80$1,366,710$0$0$1,182,741
81$1,449,615$0$0$1,254,694
82$1,539,197$0$0$1,332,452
83$1,636,081$0$0$1,416,560
84$1,740,953$0$0$1,507,614
85$1,854,569$0$0$1,606,273
86$1,977,759$0$0$1,713,259
87$2,111,437$0$0$1,829,367
88$2,256,605$0$0$1,955,470
89$2,414,370$0$0$2,092,531
90$2,585,945$0$0$2,241,606
91$2,772,669$0$0$2,403,859
92$2,976,011$0$0$2,580,571
93$3,197,591$0$0$2,773,150
94$3,439,191$0$0$2,983,147
95$3,702,769$0$0$3,212,269
96$3,990,486$0$0$3,462,394
97$4,304,715$0$0$3,735,589
98$4,648,073$0$0$4,034,131
99$5,023,438$0$0$4,360,526
100$5,433,980$0$0$4,717,533