Can I retire at age 51 with 373,000?

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 $373,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$30,802$30,528$30,260$29,999$29,744$28,563
2 years$15,249$14,965$14,689$14,422$14,164$12,989
3 years$10,065$9,779$9,505$9,241$8,986$7,854
4 years$7,473$7,189$6,917$6,657$6,409$5,329
5 years$5,919$5,636$5,368$5,113$4,872$3,846
6 years$4,883$4,602$4,338$4,089$3,855$2,884
7 years$4,143$3,865$3,605$3,362$3,135$2,218
8 years$3,589$3,313$3,057$2,820$2,601$1,738
9 years$3,158$2,885$2,633$2,402$2,190$1,379
10 years$2,813$2,543$2,296$2,071$1,866$1,106
11 years$2,531$2,264$2,021$1,802$1,605$893
12 years$2,297$2,032$1,794$1,581$1,391$726
13 years$2,098$1,836$1,603$1,396$1,213$593
14 years$1,928$1,669$1,440$1,239$1,063$486
15 years$1,781$1,525$1,300$1,105$936$400
16 years$1,653$1,399$1,179$989$827$330
17 years$1,539$1,288$1,073$889$734$272
18 years$1,439$1,190$979$801$652$225
19 years$1,349$1,103$896$724$581$187
20 years$1,268$1,025$823$656$519$155
21 years$1,195$955$757$595$465$129
22 years$1,128$891$697$541$417$107
23 years$1,068$834$644$493$374$89
24 years$1,012$781$595$449$336$74
25 years$962$733$552$410$302$61
26 years$915$689$512$375$272$51
27 years$871$648$475$343$246$43
28 years$831$611$442$315$222$36
29 years$794$576$411$289$200$30
30 years$759$544$383$265$181$25
31 years$727$515$357$243$163$21
32 years$696$487$333$224$148$17
33 years$668$461$311$206$134$14
34 years$641$437$290$189$121$12
35 years$616$414$272$174$110$10
36 years$592$393$254$160$99$8
37 years$570$374$238$148$90$7
38 years$549$355$223$136$82$6
39 years$529$338$209$126$74$5
40 years$510$321$196$116$67$4
41 years$492$306$183$107$61$3
42 years$475$291$172$99$55$3
43 years$459$277$161$91$50$2
44 years$443$265$151$84$46$2
45 years$428$252$142$78$41$2
46 years$414$241$134$72$38$1
47 years$401$230$126$66$34$1
48 years$388$219$118$61$31$1
49 years$376$209$111$57$28$1
50 years$364$200$104$52$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $373,000, adding $3,344 every year, while hoping to spend $21,110 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: 80/5/15 Blend
50$373,000$373,000$373,000$373,000
51$414,495$394,726$388,945$446,111
52$434,313$391,607$379,514$464,265
53$455,445$387,627$369,059$481,128
54$478,002$382,723$357,524$499,034
55$502,107$376,825$344,850$518,078
56$527,894$369,862$330,975$538,365
57$555,511$361,757$315,834$560,011
58$585,118$352,429$299,360$583,144
59$616,894$341,791$281,482$607,903
60$651,031$329,752$262,126$634,444
61$687,743$316,218$241,214$662,939
62$727,265$301,084$218,667$693,576
63$769,853$284,245$194,399$726,562
64$815,790$265,585$168,324$762,128
65$865,386$244,984$140,348$800,526
66$918,983$222,315$110,376$842,035
67$976,953$197,442$78,308$886,963
68$1,039,710$170,225$44,040$935,650
69$1,107,706$140,512$7,461$988,470
70$1,181,439$108,144$0$1,045,836
71$1,261,457$72,953$0$1,113,256
72$1,348,360$34,763$0$1,187,783
73$1,442,813$0$0$1,268,796
74$1,545,542$0$0$1,357,288
75$1,657,350$0$0$1,455,693
76$1,779,119$0$0$1,562,873
77$1,911,818$0$0$1,679,684
78$2,056,517$0$0$1,807,069
79$2,214,390$0$0$1,946,062
80$2,386,732$0$0$2,097,805
81$2,574,966$0$0$2,263,553
82$2,780,662$0$0$2,444,688
83$3,005,544$0$0$2,642,732
84$3,251,514$0$0$2,859,360
85$3,520,663$0$0$3,096,416
86$3,815,298$0$0$3,355,933
87$4,137,954$0$0$3,640,146
88$4,491,426$0$0$3,951,519
89$4,878,791$0$0$4,292,764
90$5,303,439$0$0$4,666,870
91$5,769,101$0$0$5,077,126
92$6,279,890$0$0$5,527,156
93$6,840,333$0$0$6,020,953
94$7,455,417$0$0$6,562,913
95$8,130,638$0$0$7,157,879
96$8,872,046$0$0$7,811,186
97$9,686,308$0$0$8,528,712
98$10,580,768$0$0$9,316,930
99$11,563,517$0$0$10,182,972
100$12,643,467$0$0$11,134,696