Can I retire at age 50 with 268,000?

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 $268,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$22,131$21,934$21,742$21,554$21,371$20,931
2 years$10,956$10,752$10,554$10,363$10,177$9,735
3 years$7,231$7,027$6,829$6,639$6,456$6,028
4 years$5,370$5,165$4,970$4,783$4,605$4,192
5 years$4,253$4,050$3,857$3,674$3,500$3,104
6 years$3,508$3,307$3,117$2,938$2,770$2,391
7 years$2,977$2,777$2,590$2,416$2,253$1,891
8 years$2,579$2,380$2,197$2,026$1,869$1,525
9 years$2,269$2,073$1,892$1,726$1,574$1,247
10 years$2,021$1,827$1,650$1,488$1,341$1,031
11 years$1,819$1,626$1,452$1,295$1,153$860
12 years$1,650$1,460$1,289$1,136$999$722
13 years$1,508$1,319$1,151$1,003$871$609
14 years$1,385$1,199$1,035$890$764$517
15 years$1,280$1,095$934$794$673$440
16 years$1,187$1,005$847$711$594$376
17 years$1,106$926$771$639$527$322
18 years$1,034$855$703$576$469$276
19 years$969$793$644$520$418$237
20 years$911$737$591$471$373$204
21 years$858$686$544$427$334$176
22 years$811$640$501$389$299$152
23 years$767$599$463$354$269$131
24 years$727$561$428$323$241$114
25 years$691$527$396$295$217$98
26 years$657$495$368$270$196$85
27 years$626$466$341$247$176$74
28 years$597$439$317$226$159$64
29 years$571$414$295$207$144$55
30 years$546$391$275$190$130$48
31 years$522$370$256$175$117$42
32 years$500$350$239$161$106$36
33 years$480$331$223$148$96$31
34 years$461$314$209$136$87$27
35 years$443$298$195$125$79$24
36 years$426$283$183$115$71$21
37 years$410$268$171$106$65$18
38 years$394$255$160$98$59$16
39 years$380$243$150$90$53$14
40 years$366$231$140$83$48$12
41 years$353$220$132$77$44$10
42 years$341$209$124$71$40$9
43 years$330$199$116$65$36$8
44 years$318$190$109$60$33$7
45 years$308$181$102$56$30$6
46 years$298$173$96$52$27$5
47 years$288$165$90$48$25$4
48 years$279$158$85$44$22$4
49 years$270$150$80$41$20$3
50 years$262$144$75$38$18$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $268,000, adding $4,889 every year, while hoping to spend $21,224 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: 45/36/19 Blend
49$268,000$268,000$268,000$268,000
50$300,379$286,175$282,021$312,056
51$308,435$277,615$268,887$312,170
52$316,602$267,925$254,601$309,805
53$324,869$257,026$239,103$306,797
54$333,221$244,836$222,328$303,094
55$341,645$231,268$204,212$298,645
56$350,122$216,231$184,683$293,392
57$358,634$199,625$163,669$287,273
58$367,157$181,349$141,094$280,225
59$375,666$161,294$116,879$272,178
60$384,131$139,344$90,942$263,057
61$392,519$115,379$63,195$252,783
62$400,792$89,269$33,548$241,272
63$408,909$60,879$1,908$228,433
64$416,822$30,066$0$214,169
65$424,477$0$0$204,835
66$431,815$0$0$196,010
67$438,769$0$0$198,888
68$445,263$0$0$201,519
69$451,215$0$0$203,863
70$456,531$0$0$205,873
71$461,107$0$0$207,495
72$464,826$0$0$208,673
73$467,561$0$0$209,342
74$469,168$0$0$209,429
75$469,486$0$0$208,855
76$468,340$0$0$207,532
77$465,532$0$0$205,361
78$460,845$0$0$202,233
79$454,036$0$0$198,028
80$444,837$0$0$192,612
81$432,951$0$0$185,836
82$418,050$0$0$177,538
83$399,768$0$0$167,534
84$377,702$0$0$155,624
85$351,406$0$0$141,586
86$320,386$0$0$125,174
87$284,096$0$0$106,116
88$241,932$0$0$84,111
89$193,226$0$0$58,828
90$137,240$0$0$29,900
91$73,159$0$0$0
92$83$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0