Can I retire at age 51 with 369,000?

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 $369,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$30,472$30,200$29,935$29,677$29,425$28,369
2 years$15,085$14,804$14,532$14,268$14,012$12,960
3 years$9,957$9,675$9,403$9,141$8,890$7,874
4 years$7,393$7,112$6,843$6,586$6,340$5,369
5 years$5,855$5,576$5,310$5,059$4,820$3,896
6 years$4,831$4,553$4,292$4,045$3,814$2,937
7 years$4,099$3,824$3,566$3,326$3,102$2,272
8 years$3,550$3,278$3,025$2,790$2,573$1,791
9 years$3,124$2,854$2,605$2,377$2,167$1,430
10 years$2,783$2,515$2,271$2,049$1,846$1,154
11 years$2,504$2,239$1,999$1,783$1,588$938
12 years$2,272$2,010$1,774$1,564$1,376$768
13 years$2,076$1,816$1,585$1,381$1,200$631
14 years$1,908$1,651$1,424$1,226$1,052$521
15 years$1,762$1,508$1,286$1,093$926$432
16 years$1,635$1,384$1,166$979$818$359
17 years$1,523$1,274$1,061$879$726$298
18 years$1,423$1,178$969$792$645$249
19 years$1,334$1,091$887$716$575$208
20 years$1,254$1,014$814$649$514$174
21 years$1,182$945$749$589$460$145
22 years$1,116$882$690$535$412$122
23 years$1,056$825$637$487$370$102
24 years$1,002$773$589$445$332$85
25 years$951$725$546$406$299$72
26 years$905$682$506$371$270$60
27 years$862$641$470$340$243$51
28 years$822$604$437$311$219$42
29 years$786$570$407$285$198$36
30 years$751$538$379$262$179$30
31 years$719$509$353$241$162$25
32 years$689$482$329$221$146$21
33 years$661$456$308$203$132$18
34 years$634$432$287$187$120$15
35 years$610$410$269$172$109$13
36 years$586$389$251$159$98$11
37 years$564$370$235$146$89$9
38 years$543$351$220$135$81$7
39 years$523$334$206$124$73$6
40 years$504$318$193$115$66$5
41 years$487$303$181$106$60$4
42 years$470$288$170$98$55$4
43 years$454$275$160$90$50$3
44 years$438$262$150$83$45$3
45 years$424$250$141$77$41$2
46 years$410$238$132$71$37$2
47 years$397$227$124$66$34$2
48 years$384$217$117$61$31$1
49 years$372$207$110$56$28$1
50 years$360$198$103$52$25$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $369,000, adding $2,975 every year, while hoping to spend $24,800 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: 58/19/23 Blend
50$369,000$369,000$369,000$369,000
51$409,707$390,150$384,430$430,776
52$425,110$382,880$370,922$438,205
53$441,253$374,423$356,129$443,384
54$458,185$364,694$339,984$448,495
55$475,960$353,604$322,414$453,537
56$494,636$341,059$303,342$458,509
57$514,275$326,957$282,691$463,414
58$534,948$311,194$260,377$468,255
59$556,727$293,658$236,315$473,037
60$579,696$274,230$210,414$477,768
61$603,942$252,784$182,580$482,455
62$629,562$229,188$152,715$487,112
63$656,662$203,304$120,715$491,755
64$685,357$174,981$86,475$496,400
65$715,774$144,065$49,882$501,073
66$748,048$110,390$10,818$505,799
67$782,332$73,782$0$510,611
68$818,789$34,056$0$523,124
69$857,599$0$0$539,132
70$898,960$0$0$557,939
71$943,087$0$0$585,619
72$990,216$0$0$615,202
73$1,040,608$0$0$646,852
74$1,094,545$0$0$680,751
75$1,152,338$0$0$717,098
76$1,214,331$0$0$756,109
77$1,280,897$0$0$798,024
78$1,352,448$0$0$843,105
79$1,429,436$0$0$891,641
80$1,512,356$0$0$943,947
81$1,601,754$0$0$1,000,372
82$1,698,226$0$0$1,061,296
83$1,802,431$0$0$1,127,139
84$1,915,092$0$0$1,198,362
85$2,037,001$0$0$1,275,473
86$2,169,031$0$0$1,359,027
87$2,312,143$0$0$1,449,637
88$2,467,392$0$0$1,547,978
89$2,635,937$0$0$1,654,789
90$2,819,055$0$0$1,770,886
91$3,018,150$0$0$1,897,165
92$3,234,767$0$0$2,034,613
93$3,470,605$0$0$2,184,314
94$3,727,534$0$0$2,347,463
95$4,007,611$0$0$2,525,374
96$4,313,103$0$0$2,719,494
97$4,646,501$0$0$2,931,414
98$5,010,550$0$0$3,162,889
99$5,408,270$0$0$3,415,847
100$5,842,987$0$0$3,692,412