Can I retire at age 50 with 317,000?

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 $317,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$26,178$25,944$25,717$25,495$25,278$24,993
2 years$12,959$12,718$12,484$12,257$12,037$11,750
3 years$8,554$8,311$8,078$7,853$7,637$7,357
4 years$6,351$6,110$5,879$5,658$5,447$5,176
5 years$5,030$4,790$4,562$4,346$4,140$3,880
6 years$4,150$3,911$3,687$3,475$3,276$3,026
7 years$3,521$3,285$3,064$2,857$2,664$2,424
8 years$3,050$2,816$2,598$2,397$2,210$1,981
9 years$2,684$2,452$2,238$2,042$1,861$1,642
10 years$2,391$2,161$1,951$1,760$1,586$1,377
11 years$2,151$1,924$1,718$1,532$1,364$1,165
12 years$1,952$1,727$1,524$1,343$1,182$992
13 years$1,783$1,560$1,362$1,186$1,031$851
14 years$1,639$1,418$1,224$1,053$904$733
15 years$1,514$1,296$1,105$939$796$634
16 years$1,404$1,189$1,002$841$703$550
17 years$1,308$1,095$912$755$623$479
18 years$1,223$1,012$832$681$554$418
19 years$1,146$938$762$615$494$365
20 years$1,077$871$699$557$441$320
21 years$1,015$812$643$506$395$281
22 years$959$758$593$460$354$246
23 years$908$709$547$419$318$217
24 years$860$664$506$382$286$191
25 years$817$623$469$349$257$168
26 years$777$585$435$319$232$148
27 years$741$551$404$292$209$131
28 years$707$519$375$267$188$116
29 years$675$490$349$245$170$102
30 years$645$463$325$225$154$90
31 years$618$437$303$207$139$80
32 years$592$414$283$190$126$71
33 years$568$392$264$175$114$63
34 years$545$371$247$161$103$55
35 years$524$352$231$148$93$49
36 years$503$334$216$136$85$43
37 years$484$318$202$126$77$39
38 years$466$302$189$116$69$34
39 years$449$287$177$107$63$30
40 years$433$273$166$98$57$27
41 years$418$260$156$91$52$24
42 years$404$248$146$84$47$21
43 years$390$236$137$77$43$19
44 years$377$225$129$71$39$17
45 years$364$214$121$66$35$15
46 years$352$204$114$61$32$13
47 years$341$195$107$56$29$12
48 years$330$186$100$52$26$10
49 years$319$178$94$48$24$9
50 years$310$170$89$44$22$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $317,000, adding $4,454 every year, while hoping to spend $22,258 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
49$317,000$317,000$317,000$317,000
50$353,928$337,127$332,214$380,798
51$366,347$329,964$319,661$391,943
52$379,286$321,704$305,941$400,856
53$392,775$312,270$290,992$410,005
54$406,846$301,579$274,749$419,402
55$421,535$289,547$257,143$429,063
56$436,876$276,080$238,102$439,006
57$452,912$261,081$217,553$449,248
58$469,684$244,450$195,416$459,810
59$487,241$226,077$171,611$470,717
60$505,632$205,847$146,053$481,992
61$524,912$183,640$118,652$493,665
62$545,143$159,327$89,316$505,768
63$566,387$132,774$57,948$518,335
64$588,716$103,838$24,446$531,405
65$612,206$72,367$0$545,022
66$636,940$38,202$0$561,043
67$663,010$1,175$0$582,006
68$690,513$0$0$604,070
69$719,558$0$0$629,462
70$750,261$0$0$656,376
71$782,752$0$0$684,860
72$817,169$0$0$715,038
73$853,666$0$0$747,045
74$892,410$0$0$781,027
75$933,584$0$0$817,145
76$977,387$0$0$855,576
77$1,024,038$0$0$896,511
78$1,073,776$0$0$940,163
79$1,126,864$0$0$986,761
80$1,183,590$0$0$1,036,560
81$1,244,267$0$0$1,089,836
82$1,309,243$0$0$1,146,895
83$1,378,895$0$0$1,208,069
84$1,453,638$0$0$1,273,724
85$1,533,930$0$0$1,344,264
86$1,620,270$0$0$1,420,127
87$1,713,207$0$0$1,501,800
88$1,813,346$0$0$1,589,812
89$1,921,349$0$0$1,684,750
90$2,037,944$0$0$1,787,253
91$2,163,932$0$0$1,898,027
92$2,300,190$0$0$2,017,848
93$2,447,687$0$0$2,147,566
94$2,607,484$0$0$2,288,117
95$2,780,749$0$0$2,440,533
96$2,968,767$0$0$2,605,944
97$3,172,952$0$0$2,785,596
98$3,394,856$0$0$2,980,859
99$3,636,189$0$0$3,193,239
100$3,898,833$0$0$3,424,395