Can I retire at age 51 with 336,000?

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 $336,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$27,747$27,499$27,258$27,023$26,793$26,349
2 years$13,736$13,480$13,232$12,992$12,759$12,313
3 years$9,066$8,809$8,562$8,324$8,095$7,661
4 years$6,732$6,476$6,231$5,997$5,773$5,354
5 years$5,332$5,077$4,836$4,606$4,389$3,986
6 years$4,399$4,146$3,908$3,684$3,473$3,087
7 years$3,732$3,482$3,247$3,029$2,824$2,456
8 years$3,233$2,984$2,754$2,541$2,343$1,991
9 years$2,844$2,599$2,372$2,164$1,973$1,638
10 years$2,534$2,290$2,068$1,865$1,681$1,363
11 years$2,280$2,039$1,821$1,623$1,446$1,143
12 years$2,069$1,830$1,616$1,424$1,253$966
13 years$1,890$1,654$1,444$1,257$1,093$821
14 years$1,737$1,503$1,297$1,116$958$701
15 years$1,604$1,373$1,171$995$843$601
16 years$1,489$1,260$1,062$891$745$517
17 years$1,386$1,160$966$801$661$446
18 years$1,296$1,072$882$722$588$385
19 years$1,215$994$807$652$524$334
20 years$1,142$923$741$591$468$289
21 years$1,076$860$682$536$419$251
22 years$1,016$803$628$487$375$219
23 years$962$751$580$444$337$191
24 years$912$704$536$405$303$166
25 years$866$660$497$370$272$145
26 years$824$621$461$338$245$126
27 years$785$584$428$309$221$110
28 years$749$550$398$283$200$97
29 years$715$519$370$260$180$84
30 years$684$490$345$239$163$74
31 years$655$464$321$219$147$65
32 years$627$439$300$201$133$57
33 years$602$415$280$185$121$50
34 years$578$394$262$170$109$43
35 years$555$373$245$157$99$38
36 years$534$354$229$144$90$33
37 years$513$337$214$133$81$29
38 years$494$320$201$123$74$26
39 years$476$304$188$113$67$22
40 years$459$289$176$104$61$20
41 years$443$275$165$96$55$17
42 years$428$262$155$89$50$15
43 years$413$250$145$82$45$13
44 years$399$238$136$76$41$12
45 years$386$227$128$70$37$10
46 years$373$217$120$65$34$9
47 years$361$207$113$60$31$8
48 years$350$197$106$55$28$7
49 years$339$189$100$51$25$6
50 years$328$180$94$47$23$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $336,000, adding $3,608 every year, while hoping to spend $28,837 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: 60/18/22 Blend
50$336,000$336,000$336,000$336,000
51$373,994$356,186$350,978$394,053
52$381,459$342,956$332,053$394,851
53$388,719$328,112$311,528$392,256
54$395,722$311,544$289,318$388,786
55$402,412$293,136$265,336$384,360
56$408,723$272,765$239,490$378,892
57$414,584$250,301$211,684$372,288
58$419,913$225,608$181,818$364,446
59$424,623$198,541$149,787$355,257
60$428,612$168,947$115,482$344,599
61$431,769$136,664$78,790$332,344
62$433,970$101,522$39,590$318,350
63$435,078$63,339$0$302,464
64$434,940$21,927$0$285,046
65$433,385$0$0$275,340
66$430,226$0$0$268,418
67$425,252$0$0$264,624
68$418,231$0$0$259,460
69$408,907$0$0$252,758
70$396,995$0$0$244,326
71$382,178$0$0$233,957
72$364,108$0$0$221,419
73$342,398$0$0$206,455
74$316,619$0$0$188,782
75$286,299$0$0$168,087
76$250,914$0$0$144,022
77$209,885$0$0$116,204
78$162,572$0$0$84,210
79$108,269$0$0$47,571
80$46,194$0$0$5,771
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
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