Can I retire at age 50 with 321,000?

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 $321,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$26,508$26,272$26,041$25,817$25,597$24,827
2 years$13,123$12,878$12,641$12,412$12,189$11,420
3 years$8,662$8,416$8,180$7,952$7,733$6,989
4 years$6,431$6,187$5,953$5,729$5,515$4,802
5 years$5,094$4,850$4,620$4,401$4,193$3,512
6 years$4,202$3,961$3,733$3,519$3,318$2,670
7 years$3,566$3,326$3,102$2,893$2,698$2,083
8 years$3,088$2,851$2,631$2,427$2,238$1,656
9 years$2,717$2,482$2,266$2,067$1,885$1,335
10 years$2,421$2,188$1,976$1,782$1,606$1,087
11 years$2,178$1,948$1,739$1,551$1,381$893
12 years$1,976$1,748$1,544$1,360$1,197$738
13 years$1,806$1,580$1,379$1,201$1,044$613
14 years$1,659$1,436$1,239$1,066$915$511
15 years$1,533$1,312$1,119$951$806$428
16 years$1,422$1,204$1,014$851$712$359
17 years$1,325$1,109$923$765$631$302
18 years$1,238$1,024$843$689$561$255
19 years$1,161$949$771$623$500$215
20 years$1,091$882$708$564$447$182
21 years$1,028$822$651$512$400$154
22 years$971$767$600$466$358$131
23 years$919$717$554$424$322$111
24 years$871$672$512$387$289$94
25 years$828$631$475$353$260$80
26 years$787$593$440$323$234$68
27 years$750$558$409$296$211$58
28 years$715$526$380$271$191$49
29 years$683$496$354$248$172$42
30 years$653$468$329$228$156$35
31 years$625$443$307$209$141$30
32 years$599$419$287$192$127$26
33 years$575$397$268$177$115$22
34 years$552$376$250$163$104$19
35 years$530$357$234$150$94$16
36 years$510$339$219$138$86$13
37 years$491$322$205$127$78$11
38 years$472$306$192$117$70$10
39 years$455$291$180$108$64$8
40 years$439$276$168$100$58$7
41 years$423$263$158$92$52$6
42 years$409$251$148$85$48$5
43 years$395$239$139$78$43$4
44 years$381$228$130$72$39$4
45 years$369$217$122$67$36$3
46 years$357$207$115$62$32$3
47 years$345$198$108$57$29$2
48 years$334$189$102$53$27$2
49 years$324$180$95$49$24$2
50 years$313$172$90$45$22$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $321,000, adding $4,161 every year, while hoping to spend $25,086 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: 54/39/7 Blend
49$321,000$321,000$321,000$321,000
50$358,034$341,021$336,046$376,557
51$367,862$331,040$320,612$379,577
52$377,852$319,729$303,820$379,743
53$387,994$306,996$285,599$379,318
54$398,275$292,745$265,872$378,247
55$408,682$276,873$244,563$376,476
56$419,200$259,271$221,587$373,944
57$429,808$239,825$196,860$370,587
58$440,485$218,413$170,291$366,337
59$451,207$194,908$141,788$361,119
60$461,945$169,173$111,253$354,854
61$472,666$141,066$78,583$347,456
62$483,335$110,435$43,673$338,836
63$493,909$77,120$6,410$328,894
64$504,342$40,954$0$317,525
65$514,581$1,756$0$307,108
66$524,567$0$0$295,703
67$534,232$0$0$300,159
68$543,502$0$0$305,116
69$552,293$0$0$309,770
70$560,511$0$0$314,066
71$568,052$0$0$317,940
72$574,799$0$0$321,322
73$580,621$0$0$324,133
74$585,374$0$0$326,288
75$588,895$0$0$327,689
76$591,006$0$0$328,228
77$591,507$0$0$327,787
78$590,176$0$0$326,232
79$586,766$0$0$323,417
80$581,005$0$0$319,177
81$572,590$0$0$313,333
82$561,184$0$0$305,682
83$546,416$0$0$296,004
84$527,874$0$0$284,051
85$505,100$0$0$269,551
86$477,590$0$0$252,203
87$444,785$0$0$231,674
88$406,065$0$0$207,593
89$360,748$0$0$179,552
90$308,075$0$0$147,102
91$247,212$0$0$109,742
92$177,234$0$0$66,923
93$97,120$0$0$18,034
94$5,741$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