Can I retire at age 51 with 381,000?

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 $381,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$31,463$31,182$30,909$30,642$30,381$29,915
2 years$15,576$15,285$15,004$14,732$14,467$13,999
3 years$10,281$9,989$9,709$9,439$9,179$8,722
4 years$7,634$7,343$7,066$6,800$6,546$6,106
5 years$6,046$5,757$5,483$5,223$4,976$4,553
6 years$4,988$4,701$4,431$4,177$3,938$3,531
7 years$4,232$3,948$3,682$3,434$3,202$2,814
8 years$3,666$3,384$3,123$2,881$2,657$2,286
9 years$3,225$2,947$2,690$2,454$2,237$1,884
10 years$2,873$2,597$2,345$2,115$1,906$1,570
11 years$2,586$2,312$2,064$1,841$1,639$1,320
12 years$2,346$2,075$1,832$1,615$1,421$1,117
13 years$2,143$1,875$1,637$1,426$1,239$951
14 years$1,970$1,705$1,471$1,265$1,086$814
15 years$1,819$1,557$1,328$1,129$956$699
16 years$1,688$1,429$1,204$1,010$845$603
17 years$1,572$1,316$1,096$908$749$521
18 years$1,469$1,216$1,000$818$666$451
19 years$1,377$1,127$916$739$594$392
20 years$1,295$1,047$840$670$530$340
21 years$1,220$975$773$608$475$296
22 years$1,153$910$712$553$425$258
23 years$1,091$852$658$503$382$226
24 years$1,034$798$608$459$343$197
25 years$982$749$563$419$309$172
26 years$934$704$522$383$278$151
27 years$890$662$485$351$251$132
28 years$849$624$451$321$226$116
29 years$811$589$420$295$204$101
30 years$776$556$391$270$185$89
31 years$742$526$364$248$167$78
32 years$711$497$340$228$151$68
33 years$682$471$318$210$137$60
34 years$655$446$297$193$124$53
35 years$629$423$277$178$112$46
36 years$605$402$259$164$102$41
37 years$582$382$243$151$92$36
38 years$561$363$227$139$83$31
39 years$540$345$213$128$76$28
40 years$521$328$200$118$69$24
41 years$503$312$187$109$62$21
42 years$485$297$176$101$57$19
43 years$468$283$165$93$51$16
44 years$453$270$155$86$47$14
45 years$438$258$145$79$42$13
46 years$423$246$136$73$38$11
47 years$410$235$128$68$35$10
48 years$396$224$120$63$32$9
49 years$384$214$113$58$29$8
50 years$372$204$106$53$26$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $381,000, adding $5,847 every year, while hoping to spend $27,322 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: 55/20/25 Blend
50$381,000$381,000$381,000$381,000
51$425,893$405,700$399,795$446,099
52$440,264$396,509$384,117$451,437
53$455,185$385,952$366,999$453,911
54$470,683$373,933$348,363$456,038
55$486,788$360,351$328,128$457,793
56$503,530$345,098$306,210$459,152
57$520,943$328,061$282,522$460,089
58$539,063$309,120$256,970$460,575
59$557,929$288,148$229,460$460,584
60$577,581$265,010$199,890$460,085
61$598,064$239,565$168,156$459,049
62$619,426$211,663$134,148$457,446
63$641,717$181,145$97,753$455,243
64$664,995$147,844$58,850$452,409
65$689,318$111,582$17,315$448,911
66$714,752$72,173$0$444,715
67$741,367$29,419$0$446,992
68$769,238$0$0$453,901
69$798,447$0$0$464,538
70$829,085$0$0$482,497
71$861,247$0$0$501,360
72$895,040$0$0$521,191
73$930,576$0$0$542,059
74$967,981$0$0$564,038
75$1,007,389$0$0$587,210
76$1,048,948$0$0$611,663
77$1,092,819$0$0$637,494
78$1,139,176$0$0$664,807
79$1,188,210$0$0$693,719
80$1,240,131$0$0$724,355
81$1,295,165$0$0$756,852
82$1,353,561$0$0$791,359
83$1,415,592$0$0$828,041
84$1,481,556$0$0$867,078
85$1,551,777$0$0$908,666
86$1,626,612$0$0$953,020
87$1,706,452$0$0$1,000,376
88$1,791,724$0$0$1,050,991
89$1,882,898$0$0$1,105,150
90$1,980,486$0$0$1,163,162
91$2,085,052$0$0$1,225,367
92$2,197,215$0$0$1,292,140
93$2,317,653$0$0$1,363,890
94$2,447,109$0$0$1,441,067
95$2,586,400$0$0$1,524,165
96$2,736,425$0$0$1,613,726
97$2,898,168$0$0$1,710,346
98$3,072,711$0$0$1,814,681
99$3,261,244$0$0$1,927,449
100$3,465,074$0$0$2,049,440