Can I retire at age 50 with 328,000?

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 $328,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$27,086$26,845$26,609$26,380$26,155$25,596
2 years$13,409$13,159$12,917$12,682$12,455$11,894
3 years$8,850$8,600$8,358$8,126$7,902$7,357
4 years$6,572$6,322$6,083$5,854$5,636$5,111
5 years$5,205$4,956$4,720$4,497$4,284$3,781
6 years$4,294$4,047$3,815$3,596$3,390$2,909
7 years$3,643$3,399$3,170$2,956$2,757$2,299
8 years$3,156$2,913$2,688$2,480$2,287$1,851
9 years$2,777$2,537$2,316$2,112$1,926$1,512
10 years$2,474$2,236$2,019$1,821$1,641$1,248
11 years$2,226$1,991$1,777$1,585$1,411$1,040
12 years$2,020$1,787$1,577$1,390$1,223$872
13 years$1,845$1,615$1,409$1,227$1,067$735
14 years$1,696$1,468$1,266$1,089$935$622
15 years$1,566$1,341$1,143$972$823$529
16 years$1,453$1,230$1,036$870$728$451
17 years$1,353$1,133$943$782$645$386
18 years$1,265$1,047$861$704$574$331
19 years$1,186$970$788$636$511$284
20 years$1,115$901$723$576$457$244
21 years$1,051$840$665$523$409$210
22 years$992$784$613$476$366$181
23 years$939$733$566$433$329$156
24 years$890$687$524$395$296$135
25 years$846$645$485$361$266$117
26 years$804$606$450$330$240$101
27 years$766$570$418$302$216$87
28 years$731$537$388$277$195$75
29 years$698$507$361$254$176$65
30 years$668$479$337$233$159$57
31 years$639$452$314$214$144$49
32 years$612$428$293$197$130$42
33 years$587$405$273$181$118$37
34 years$564$384$255$166$107$32
35 years$542$364$239$153$97$28
36 years$521$346$223$141$87$24
37 years$501$329$209$130$79$21
38 years$483$312$196$120$72$18
39 years$465$297$183$110$65$16
40 years$448$282$172$102$59$14
41 years$433$269$161$94$54$12
42 years$418$256$151$87$49$10
43 years$403$244$142$80$44$9
44 years$390$233$133$74$40$8
45 years$377$222$125$68$36$7
46 years$364$212$117$63$33$6
47 years$353$202$110$58$30$5
48 years$341$193$104$54$27$4
49 years$331$184$97$50$25$4
50 years$320$176$92$46$22$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $328,000, adding $4,576 every year, while hoping to spend $21,758 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: 89/6/5 Blend
49$328,000$328,000$328,000$328,000
50$366,176$348,792$343,708$398,402
51$380,376$342,733$332,072$414,005
52$395,295$335,647$319,317$427,601
53$410,983$327,462$305,382$441,825
54$427,495$318,100$290,205$456,720
55$444,892$307,479$273,719$472,338
56$463,237$295,512$255,855$488,733
57$482,602$282,106$236,541$505,966
58$503,064$267,166$215,701$524,101
59$524,707$250,588$193,258$543,211
60$547,623$232,262$169,128$563,376
61$571,912$212,075$143,225$584,681
62$597,685$189,904$115,461$607,223
63$625,060$165,621$85,740$631,106
64$654,170$139,090$53,966$656,445
65$685,158$110,168$20,036$683,368
66$718,181$78,703$0$712,012
67$753,410$44,534$0$743,395
68$791,036$7,494$0$778,019
69$831,264$0$0$815,004
70$874,320$0$0$856,714
71$920,454$0$0$901,935
72$969,937$0$0$950,442
73$1,023,069$0$0$1,002,526
74$1,080,178$0$0$1,058,509
75$1,141,624$0$0$1,118,745
76$1,207,802$0$0$1,183,622
77$1,279,146$0$0$1,253,565
78$1,356,135$0$0$1,329,042
79$1,439,292$0$0$1,410,568
80$1,529,192$0$0$1,498,708
81$1,626,471$0$0$1,594,082
82$1,731,822$0$0$1,697,373
83$1,846,012$0$0$1,809,331
84$1,969,882$0$0$1,930,783
85$2,104,358$0$0$2,062,635
86$2,250,456$0$0$2,205,885
87$2,409,298$0$0$2,361,632
88$2,582,114$0$0$2,531,084
89$2,770,260$0$0$2,715,570
90$2,975,227$0$0$2,916,552
91$3,198,657$0$0$3,135,640
92$3,442,355$0$0$3,374,606
93$3,708,310$0$0$3,635,399
94$3,998,709$0$0$3,920,165
95$4,315,961$0$0$4,231,267
96$4,662,719$0$0$4,571,305
97$5,041,902$0$0$4,943,143
98$5,456,724$0$0$5,349,935
99$5,910,726$0$0$5,795,150
100$6,407,804$0$0$6,282,613