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%11.8%
1 years$30,472$30,200$29,935$29,677$29,425$29,202
2 years$15,085$14,804$14,532$14,268$14,012$13,788
3 years$9,957$9,675$9,403$9,141$8,890$8,671
4 years$7,393$7,112$6,843$6,586$6,340$6,128
5 years$5,855$5,576$5,310$5,059$4,820$4,615
6 years$4,831$4,553$4,292$4,045$3,814$3,617
7 years$4,099$3,824$3,566$3,326$3,102$2,912
8 years$3,550$3,278$3,025$2,790$2,573$2,392
9 years$3,124$2,854$2,605$2,377$2,167$1,993
10 years$2,783$2,515$2,271$2,049$1,846$1,680
11 years$2,504$2,239$1,999$1,783$1,588$1,429
12 years$2,272$2,010$1,774$1,564$1,376$1,225
13 years$2,076$1,816$1,585$1,381$1,200$1,056
14 years$1,908$1,651$1,424$1,226$1,052$915
15 years$1,762$1,508$1,286$1,093$926$796
16 years$1,635$1,384$1,166$979$818$695
17 years$1,523$1,274$1,061$879$726$609
18 years$1,423$1,178$969$792$645$535
19 years$1,334$1,091$887$716$575$470
20 years$1,254$1,014$814$649$514$415
21 years$1,182$945$749$589$460$366
22 years$1,116$882$690$535$412$324
23 years$1,056$825$637$487$370$287
24 years$1,002$773$589$445$332$254
25 years$951$725$546$406$299$226
26 years$905$682$506$371$270$201
27 years$862$641$470$340$243$178
28 years$822$604$437$311$219$159
29 years$786$570$407$285$198$141
30 years$751$538$379$262$179$126
31 years$719$509$353$241$162$112
32 years$689$482$329$221$146$100
33 years$661$456$308$203$132$89
34 years$634$432$287$187$120$79
35 years$610$410$269$172$109$71
36 years$586$389$251$159$98$63
37 years$564$370$235$146$89$56
38 years$543$351$220$135$81$50
39 years$523$334$206$124$73$45
40 years$504$318$193$115$66$40
41 years$487$303$181$106$60$36
42 years$470$288$170$98$55$32
43 years$454$275$160$90$50$29
44 years$438$262$150$83$45$26
45 years$424$250$141$77$41$23
46 years$410$238$132$71$37$20
47 years$397$227$124$66$34$18
48 years$384$217$117$61$31$16
49 years$372$207$110$56$28$15
50 years$360$198$103$52$25$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 51 starting with $369,000, adding $3,516 every year, while hoping to spend $26,668 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: 31/44/25 Blend
50$369,000$369,000$369,000$369,000
51$410,265$390,708$384,988$419,738
52$423,737$381,478$369,511$418,051
53$437,690$370,902$352,621$413,627
54$452,144$358,886$334,244$408,327
55$467,122$345,330$314,299$402,093
56$482,646$330,129$292,706$394,861
57$498,742$313,171$269,378$386,567
58$515,435$294,339$244,224$377,143
59$532,755$273,507$217,151$366,516
60$550,731$250,544$188,061$354,611
61$569,396$225,310$156,851$341,346
62$588,782$197,658$123,413$326,639
63$608,927$167,433$87,637$310,402
64$629,869$134,469$49,404$292,540
65$651,651$98,593$8,595$272,958
66$674,317$59,622$0$251,553
67$697,916$17,361$0$237,542
68$722,497$0$0$224,541
69$748,119$0$0$223,922
70$774,839$0$0$232,053
71$802,723$0$0$240,550
72$831,839$0$0$249,436
73$862,264$0$0$258,736
74$894,077$0$0$268,475
75$927,368$0$0$278,683
76$962,229$0$0$289,392
77$998,766$0$0$300,635
78$1,037,088$0$0$312,449
79$1,077,317$0$0$324,874
80$1,119,584$0$0$337,954
81$1,164,033$0$0$351,736
82$1,210,819$0$0$366,272
83$1,260,110$0$0$381,619
84$1,312,092$0$0$397,838
85$1,366,964$0$0$414,996
86$1,424,946$0$0$433,166
87$1,486,276$0$0$452,428
88$1,551,216$0$0$472,871
89$1,620,049$0$0$494,588
90$1,693,088$0$0$517,686
91$1,770,672$0$0$542,278
92$1,853,174$0$0$568,490
93$1,941,001$0$0$596,459
94$2,034,599$0$0$626,335
95$2,134,455$0$0$658,283
96$2,241,105$0$0$692,484
97$2,355,135$0$0$729,135
98$2,477,187$0$0$768,455
99$2,607,966$0$0$810,681
100$2,748,244$0$0$856,075