Can I retire at age 51 with 364,000?

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 $364,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$30,059$29,791$29,530$29,275$29,026$28,879
2 years$14,881$14,603$14,335$14,074$13,822$13,674
3 years$9,822$9,544$9,276$9,018$8,769$8,624
4 years$7,293$7,015$6,750$6,497$6,254$6,114
5 years$5,776$5,500$5,238$4,990$4,754$4,619
6 years$4,765$4,491$4,233$3,991$3,762$3,631
7 years$4,043$3,772$3,518$3,281$3,059$2,934
8 years$3,502$3,233$2,984$2,752$2,538$2,417
9 years$3,081$2,815$2,570$2,344$2,137$2,022
10 years$2,745$2,481$2,240$2,021$1,821$1,710
11 years$2,470$2,209$1,972$1,759$1,566$1,460
12 years$2,241$1,983$1,750$1,543$1,357$1,256
13 years$2,048$1,792$1,564$1,362$1,184$1,087
14 years$1,882$1,629$1,405$1,209$1,038$946
15 years$1,738$1,488$1,269$1,078$914$826
16 years$1,613$1,365$1,150$965$807$724
17 years$1,502$1,257$1,047$867$716$637
18 years$1,404$1,162$955$782$637$562
19 years$1,316$1,077$875$706$567$496
20 years$1,237$1,000$803$640$507$440
21 years$1,166$932$738$581$454$390
22 years$1,101$870$681$528$407$346
23 years$1,042$814$628$481$365$308
24 years$988$762$581$438$328$275
25 years$938$715$538$400$295$245
26 years$893$672$499$366$266$219
27 years$850$633$464$335$240$195
28 years$811$596$431$307$216$174
29 years$775$562$401$282$195$156
30 years$741$531$374$258$176$140
31 years$709$502$348$237$160$125
32 years$680$475$325$218$144$112
33 years$652$450$303$201$131$100
34 years$626$426$283$185$118$90
35 years$601$404$265$170$107$81
36 years$578$384$248$156$97$72
37 years$556$365$232$144$88$65
38 years$536$347$217$133$80$58
39 years$516$330$204$123$72$52
40 years$498$314$191$113$66$47
41 years$480$298$179$104$59$42
42 years$463$284$168$96$54$38
43 years$448$271$157$89$49$34
44 years$432$258$148$82$44$31
45 years$418$246$139$76$40$27
46 years$404$235$130$70$37$25
47 years$391$224$122$65$33$22
48 years$379$214$115$60$30$20
49 years$367$204$108$55$27$18
50 years$355$195$102$51$25$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $364,000, adding $6,167 every year, while hoping to spend $29,037 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: 46/46/8 Blend
50$364,000$364,000$364,000$364,000
51$407,489$388,197$382,555$425,056
52$418,158$376,324$364,476$425,928
53$428,942$362,895$344,817$423,359
54$439,822$347,805$323,497$419,902
55$450,776$330,940$300,426$415,484
56$461,779$312,180$275,514$410,027
57$472,803$291,399$248,667$403,448
58$483,815$268,464$219,783$395,656
59$494,778$243,233$188,760$386,558
60$505,650$215,556$155,488$376,051
61$516,384$185,275$119,854$364,024
62$526,926$152,225$81,740$350,361
63$537,216$116,227$41,022$334,937
64$547,187$77,097$0$317,616
65$556,763$34,638$0$298,461
66$565,859$0$0$280,862
67$574,381$0$0$266,908
68$582,223$0$0$270,119
69$589,265$0$0$272,901
70$595,377$0$0$275,186
71$600,412$0$0$276,900
72$604,206$0$0$277,958
73$606,578$0$0$278,268
74$607,325$0$0$277,726
75$606,222$0$0$276,218
76$603,021$0$0$273,616
77$597,445$0$0$269,779
78$589,187$0$0$264,551
79$577,907$0$0$257,758
80$563,227$0$0$249,208
81$544,732$0$0$238,689
82$521,957$0$0$225,964
83$494,392$0$0$210,774
84$461,470$0$0$192,830
85$422,565$0$0$171,814
86$376,983$0$0$147,372
87$323,958$0$0$119,115
88$262,643$0$0$86,612
89$192,101$0$0$49,388
90$111,298$0$0$6,915
91$19,091$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