Can I retire at age 51 with 377,000?

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 $377,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$31,132$30,855$30,584$30,320$30,063$29,407
2 years$15,412$15,125$14,847$14,577$14,315$13,659
3 years$10,173$9,884$9,607$9,340$9,082$8,445
4 years$7,553$7,266$6,991$6,729$6,478$5,864
5 years$5,982$5,697$5,426$5,168$4,924$4,336
6 years$4,935$4,652$4,385$4,133$3,896$3,334
7 years$4,188$3,907$3,644$3,398$3,169$2,633
8 years$3,627$3,349$3,090$2,851$2,629$2,119
9 years$3,192$2,916$2,662$2,428$2,214$1,730
10 years$2,843$2,570$2,320$2,093$1,886$1,427
11 years$2,558$2,288$2,043$1,822$1,622$1,188
12 years$2,321$2,053$1,813$1,598$1,406$995
13 years$2,121$1,856$1,620$1,411$1,226$839
14 years$1,949$1,687$1,455$1,252$1,075$710
15 years$1,800$1,541$1,314$1,117$946$603
16 years$1,670$1,414$1,191$1,000$836$514
17 years$1,556$1,302$1,084$898$741$439
18 years$1,454$1,203$990$810$659$376
19 years$1,363$1,115$906$732$588$322
20 years$1,281$1,036$831$663$525$277
21 years$1,207$965$765$601$470$238
22 years$1,140$901$705$547$421$205
23 years$1,079$843$651$498$378$177
24 years$1,023$789$602$454$340$153
25 years$972$741$557$415$306$132
26 years$925$696$517$379$275$114
27 years$881$655$480$347$248$98
28 years$840$618$446$318$224$85
29 years$803$583$415$292$202$74
30 years$767$550$387$268$183$64
31 years$735$520$361$246$165$55
32 years$704$492$337$226$149$48
33 years$675$466$314$208$135$41
34 years$648$442$294$191$122$36
35 years$623$419$274$176$111$31
36 years$599$398$257$162$101$27
37 years$576$378$240$149$91$23
38 years$555$359$225$138$83$20
39 years$535$341$211$127$75$18
40 years$515$325$198$117$68$15
41 years$497$309$185$108$62$13
42 years$480$294$174$100$56$11
43 years$464$280$163$92$51$10
44 years$448$267$153$85$46$9
45 years$433$255$144$78$42$7
46 years$419$243$135$72$38$6
47 years$405$232$127$67$34$6
48 years$392$222$119$62$31$5
49 years$380$212$112$57$28$4
50 years$368$202$105$53$26$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $377,000, adding $5,150 every year, while hoping to spend $25,623 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: 41/47/12 Blend
50$377,000$377,000$377,000$377,000
51$420,766$400,785$394,942$436,325
52$436,422$393,161$380,910$440,142
53$452,815$384,304$365,549$441,337
54$469,995$374,128$348,787$442,064
55$488,014$362,539$330,551$442,293
56$506,928$349,440$310,761$441,991
57$526,798$334,727$289,335$441,124
58$547,693$318,290$266,189$439,660
59$569,685$300,014$241,234$437,561
60$592,853$279,774$214,375$434,793
61$617,283$257,443$185,516$431,318
62$643,071$232,881$154,555$427,098
63$670,317$205,946$121,386$422,095
64$699,134$176,482$85,898$416,271
65$729,645$144,329$47,974$409,587
66$761,983$109,315$7,496$402,003
67$796,294$71,260$0$393,481
68$832,736$29,973$0$388,555
69$871,486$0$0$383,936
70$912,733$0$0$386,273
71$956,686$0$0$405,309
72$1,003,574$0$0$425,646
73$1,053,648$0$0$447,395
74$1,107,183$0$0$470,680
75$1,164,479$0$0$495,636
76$1,225,867$0$0$522,412
77$1,291,708$0$0$551,169
78$1,362,401$0$0$582,087
79$1,438,381$0$0$615,362
80$1,520,126$0$0$651,209
81$1,608,164$0$0$689,864
82$1,703,070$0$0$731,587
83$1,805,479$0$0$776,664
84$1,916,087$0$0$825,408
85$2,035,661$0$0$878,164
86$2,165,042$0$0$935,310
87$2,305,154$0$0$997,265
88$2,457,015$0$0$1,064,485
89$2,621,743$0$0$1,137,474
90$2,800,568$0$0$1,216,788
91$2,994,842$0$0$1,303,035
92$3,206,054$0$0$1,396,887
93$3,435,840$0$0$1,499,081
94$3,686,001$0$0$1,610,430
95$3,958,520$0$0$1,731,827
96$4,255,576$0$0$1,864,257
97$4,579,571$0$0$2,008,802
98$4,933,147$0$0$2,166,653
99$5,319,210$0$0$2,339,124
100$5,740,962$0$0$2,527,658