Can I retire at age 51 with 335,000?

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 $335,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$27,664$27,418$27,177$26,943$26,713$25,994
2 years$13,695$13,440$13,193$12,953$12,721$12,001
3 years$9,039$8,783$8,537$8,299$8,071$7,373
4 years$6,712$6,457$6,212$5,979$5,756$5,086
5 years$5,316$5,062$4,821$4,593$4,376$3,735
6 years$4,385$4,134$3,896$3,673$3,462$2,852
7 years$3,721$3,471$3,238$3,020$2,816$2,236
8 years$3,223$2,976$2,746$2,533$2,336$1,786
9 years$2,836$2,591$2,365$2,158$1,967$1,446
10 years$2,526$2,284$2,062$1,860$1,676$1,184
11 years$2,273$2,033$1,815$1,619$1,442$977
12 years$2,063$1,825$1,611$1,420$1,249$812
13 years$1,884$1,649$1,439$1,253$1,089$678
14 years$1,732$1,499$1,293$1,113$955$569
15 years$1,600$1,369$1,168$992$841$479
16 years$1,484$1,256$1,059$888$743$404
17 years$1,382$1,157$963$798$659$342
18 years$1,292$1,069$879$719$586$290
19 years$1,211$991$805$650$522$247
20 years$1,139$921$739$589$466$210
21 years$1,073$858$680$534$417$179
22 years$1,013$801$626$486$374$152
23 years$959$749$578$442$336$130
24 years$909$702$535$404$302$111
25 years$864$658$495$369$272$95
26 years$822$619$459$337$245$81
27 years$783$582$427$308$221$69
28 years$747$549$397$283$199$59
29 years$713$518$369$259$180$51
30 years$682$489$344$238$162$43
31 years$653$462$320$218$147$37
32 years$625$437$299$201$133$32
33 years$600$414$279$185$120$27
34 years$576$392$261$170$109$23
35 years$553$372$244$156$99$20
36 years$532$353$228$144$89$17
37 years$512$336$214$133$81$15
38 years$493$319$200$122$73$13
39 years$475$303$187$113$67$11
40 years$458$289$176$104$60$9
41 years$442$275$165$96$55$8
42 years$427$262$154$89$50$7
43 years$412$249$145$82$45$6
44 years$398$238$136$75$41$5
45 years$385$227$128$70$37$4
46 years$372$216$120$64$34$4
47 years$360$206$113$59$31$3
48 years$349$197$106$55$28$3
49 years$338$188$100$51$25$2
50 years$327$180$94$47$23$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $335,000, adding $5,485 every year, while hoping to spend $22,554 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: 60/32/8 Blend
50$335,000$335,000$335,000$335,000
51$374,828$357,073$351,880$396,342
52$389,063$350,572$339,671$404,922
53$403,994$342,997$326,297$411,206
54$419,669$334,271$311,695$417,495
55$436,138$324,313$295,799$423,792
56$453,457$313,037$278,542$430,097
57$471,687$300,354$259,850$436,416
58$490,894$286,166$239,650$442,753
59$511,149$270,372$217,863$449,115
60$532,531$252,865$194,406$455,512
61$555,126$233,532$169,195$461,954
62$579,025$212,252$142,140$468,456
63$604,332$188,898$113,147$475,034
64$631,157$163,337$82,121$481,710
65$659,621$135,427$48,958$488,506
66$689,857$105,018$13,553$495,454
67$722,010$71,951$0$502,585
68$756,240$36,061$0$512,008
69$792,719$0$0$523,069
70$831,638$0$0$535,670
71$873,206$0$0$562,708
72$917,651$0$0$591,633
73$965,224$0$0$622,612
74$1,016,200$0$0$655,826
75$1,070,880$0$0$691,474
76$1,129,594$0$0$729,773
77$1,192,706$0$0$770,963
78$1,260,614$0$0$815,308
79$1,333,755$0$0$863,096
80$1,412,611$0$0$914,643
81$1,497,709$0$0$970,299
82$1,589,628$0$0$1,030,447
83$1,689,006$0$0$1,095,507
84$1,796,544$0$0$1,165,941
85$1,913,012$0$0$1,242,258
86$2,039,255$0$0$1,325,018
87$2,176,206$0$0$1,414,834
88$2,324,887$0$0$1,512,384
89$2,486,425$0$0$1,618,411
90$2,662,059$0$0$1,733,733
91$2,853,151$0$0$1,859,251
92$3,061,200$0$0$1,995,955
93$3,287,857$0$0$2,144,935
94$3,534,937$0$0$2,307,391
95$3,804,438$0$0$2,484,643
96$4,098,560$0$0$2,678,144
97$4,419,723$0$0$2,889,495
98$4,770,594$0$0$3,120,456
99$5,154,104$0$0$3,372,967
100$5,573,486$0$0$3,649,162