Can I retire at age 50 with 329,000?

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 $329,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$27,169$26,927$26,690$26,460$26,235$25,790
2 years$13,450$13,199$12,957$12,721$12,493$12,046
3 years$8,877$8,626$8,384$8,151$7,926$7,491
4 years$6,592$6,341$6,101$5,872$5,653$5,233
5 years$5,221$4,971$4,735$4,510$4,297$3,894
6 years$4,307$4,059$3,826$3,607$3,400$3,014
7 years$3,654$3,409$3,180$2,965$2,765$2,396
8 years$3,165$2,922$2,697$2,488$2,294$1,942
9 years$2,785$2,544$2,323$2,119$1,932$1,596
10 years$2,481$2,243$2,025$1,827$1,646$1,327
11 years$2,233$1,997$1,783$1,590$1,416$1,113
12 years$2,026$1,792$1,582$1,394$1,227$940
13 years$1,851$1,619$1,414$1,231$1,070$798
14 years$1,701$1,472$1,270$1,093$938$681
15 years$1,571$1,345$1,147$975$826$583
16 years$1,458$1,234$1,040$873$730$501
17 years$1,358$1,136$946$784$647$432
18 years$1,269$1,050$864$707$575$373
19 years$1,189$973$791$638$513$323
20 years$1,118$904$726$578$458$280
21 years$1,054$842$667$525$410$243
22 years$995$786$615$477$367$211
23 years$942$735$568$435$330$184
24 years$893$689$525$396$296$160
25 years$848$647$486$362$267$140
26 years$807$608$451$331$240$122
27 years$769$572$419$303$217$106
28 years$733$539$389$278$195$93
29 years$700$508$362$255$177$81
30 years$670$480$338$234$159$71
31 years$641$454$315$215$144$62
32 years$614$429$294$197$130$54
33 years$589$407$274$181$118$47
34 years$566$385$256$167$107$41
35 years$543$366$240$154$97$36
36 years$523$347$224$141$88$32
37 years$503$330$210$130$79$28
38 years$484$313$196$120$72$24
39 years$467$298$184$111$65$21
40 years$450$283$172$102$59$19
41 years$434$270$162$94$54$16
42 years$419$257$152$87$49$14
43 years$405$245$142$80$44$13
44 years$391$233$134$74$40$11
45 years$378$222$125$68$36$10
46 years$366$212$118$63$33$8
47 years$354$203$111$58$30$7
48 years$342$193$104$54$27$6
49 years$332$185$98$50$25$6
50 years$321$176$92$46$23$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $329,000, adding $3,728 every year, while hoping to spend $21,488 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: 54/27/19 Blend
49$329,000$329,000$329,000$329,000
50$366,403$348,966$343,867$384,113
51$380,914$343,203$332,523$390,883
52$396,183$336,436$320,080$395,663
53$412,268$328,596$306,476$400,398
54$429,227$319,604$291,651$405,090
55$447,125$309,382$275,538$409,741
56$466,034$297,844$258,071$414,356
57$486,030$284,899$239,177$418,941
58$507,199$270,453$218,783$423,507
59$529,632$254,403$196,811$428,063
60$553,430$236,645$173,179$432,623
61$578,703$217,064$147,804$437,205
62$605,572$195,541$120,597$441,830
63$634,169$171,952$91,466$446,521
64$664,638$146,161$60,314$451,309
65$697,137$118,028$27,040$456,227
66$731,839$87,406$0$461,316
67$768,934$54,136$0$468,340
68$808,629$18,053$0$481,598
69$851,154$0$0$495,689
70$896,757$0$0$516,953
71$945,713$0$0$545,561
72$998,324$0$0$576,326
73$1,054,920$0$0$609,446
74$1,115,864$0$0$645,135
75$1,181,554$0$0$683,631
76$1,252,428$0$0$725,193
77$1,328,969$0$0$770,108
78$1,411,703$0$0$818,688
79$1,501,212$0$0$871,279
80$1,598,135$0$0$928,261
81$1,703,173$0$0$990,051
82$1,817,100$0$0$1,057,107
83$1,940,763$0$0$1,129,934
84$2,075,098$0$0$1,209,087
85$2,221,130$0$0$1,295,176
86$2,379,990$0$0$1,388,873
87$2,552,921$0$0$1,490,918
88$2,741,292$0$0$1,602,123
89$2,946,608$0$0$1,723,383
90$3,170,525$0$0$1,855,685
91$3,414,869$0$0$2,000,111
92$3,681,645$0$0$2,157,856
93$3,973,064$0$0$2,330,233
94$4,291,558$0$0$2,518,690
95$4,639,805$0$0$2,724,819
96$5,020,755$0$0$2,950,373
97$5,437,654$0$0$3,197,284
98$5,894,077$0$0$3,467,677
99$6,393,962$0$0$3,763,896
100$6,941,644$0$0$4,088,518