Can I retire at age 51 with 367,000?

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 $367,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$30,307$30,037$29,773$29,516$29,265$28,887
2 years$15,003$14,724$14,453$14,190$13,936$13,556
3 years$9,903$9,622$9,352$9,092$8,841$8,471
4 years$7,353$7,073$6,806$6,550$6,306$5,948
5 years$5,824$5,546$5,282$5,031$4,794$4,449
6 years$4,804$4,528$4,268$4,024$3,793$3,462
7 years$4,077$3,803$3,547$3,308$3,085$2,768
8 years$3,531$3,260$3,008$2,775$2,559$2,256
9 years$3,107$2,838$2,591$2,364$2,155$1,866
10 years$2,768$2,502$2,259$2,037$1,836$1,561
11 years$2,491$2,227$1,989$1,773$1,579$1,317
12 years$2,260$1,999$1,765$1,555$1,369$1,119
13 years$2,064$1,807$1,577$1,373$1,193$957
14 years$1,897$1,642$1,417$1,219$1,046$822
15 years$1,752$1,500$1,279$1,087$921$709
16 years$1,626$1,376$1,160$973$814$614
17 years$1,514$1,267$1,055$875$722$532
18 years$1,415$1,171$963$788$642$463
19 years$1,327$1,085$882$712$572$404
20 years$1,247$1,009$809$645$511$353
21 years$1,175$940$744$585$457$309
22 years$1,110$877$686$532$410$270
23 years$1,051$820$634$485$368$237
24 years$996$769$586$442$331$208
25 years$946$721$543$404$298$183
26 years$900$678$503$369$268$161
27 years$857$638$467$338$242$141
28 years$818$601$434$310$218$124
29 years$781$567$404$284$197$110
30 years$747$536$377$261$178$97
31 years$715$506$351$239$161$85
32 years$685$479$328$220$145$75
33 years$657$454$306$202$132$66
34 years$631$430$286$186$119$58
35 years$606$408$267$171$108$52
36 years$583$387$250$158$98$46
37 years$561$368$234$145$89$40
38 years$540$349$219$134$80$36
39 years$520$332$205$124$73$31
40 years$502$316$192$114$66$28
41 years$484$301$180$105$60$24
42 years$467$287$169$97$54$22
43 years$451$273$159$90$49$19
44 years$436$260$149$83$45$17
45 years$422$248$140$76$41$15
46 years$408$237$131$71$37$13
47 years$395$226$123$65$34$12
48 years$382$216$116$60$30$10
49 years$370$206$109$56$28$9
50 years$358$197$103$51$25$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $367,000, adding $2,438 every year, while hoping to spend $30,850 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: 58/28/14 Blend
50$367,000$367,000$367,000$367,000
51$406,949$387,498$381,809$428,970
52$415,633$373,661$361,776$430,299
53$424,170$358,112$340,037$428,124
54$432,511$340,735$316,504$425,028
55$440,602$321,406$291,082$420,930
56$448,384$299,996$263,673$415,737
57$455,789$276,365$234,176$409,352
58$462,742$250,370$202,484$401,669
59$469,158$221,855$168,484$392,572
60$474,945$190,658$132,061$381,937
61$479,997$156,608$93,092$369,629
62$484,197$119,522$51,451$355,502
63$487,415$79,209$7,005$339,397
64$489,508$35,467$0$321,142
65$490,314$0$0$306,591
66$489,654$0$0$294,683
67$487,332$0$0$292,623
68$483,125$0$0$289,340
69$476,792$0$0$284,679
70$468,061$0$0$278,466
71$456,632$0$0$270,510
72$442,173$0$0$260,596
73$424,318$0$0$248,489
74$402,657$0$0$233,929
75$376,742$0$0$216,627
76$346,073$0$0$196,264
77$310,100$0$0$172,485
78$268,212$0$0$144,902
79$219,736$0$0$113,083
80$163,926$0$0$76,549
81$99,960$0$0$34,776
82$26,928$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