Can I retire at age 50 with 333,000?

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 $333,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$27,499$27,254$27,015$26,782$26,554$25,965
2 years$13,613$13,360$13,114$12,876$12,645$12,054
3 years$8,985$8,731$8,486$8,250$8,022$7,449
4 years$6,672$6,418$6,175$5,943$5,722$5,170
5 years$5,284$5,032$4,792$4,565$4,349$3,821
6 years$4,359$4,109$3,873$3,651$3,442$2,936
7 years$3,699$3,451$3,218$3,001$2,799$2,317
8 years$3,204$2,958$2,729$2,518$2,322$1,864
9 years$2,819$2,575$2,351$2,145$1,955$1,521
10 years$2,511$2,270$2,050$1,849$1,666$1,254
11 years$2,260$2,021$1,804$1,609$1,433$1,043
12 years$2,050$1,814$1,601$1,411$1,242$873
13 years$1,873$1,639$1,431$1,246$1,083$735
14 years$1,721$1,490$1,286$1,106$949$622
15 years$1,590$1,361$1,161$986$836$528
16 years$1,475$1,249$1,052$883$739$450
17 years$1,374$1,150$958$794$655$384
18 years$1,284$1,063$874$715$582$328
19 years$1,204$985$800$646$519$282
20 years$1,132$915$734$585$464$242
21 years$1,067$853$675$531$415$208
22 years$1,007$796$623$483$372$179
23 years$953$744$575$440$334$154
24 years$904$697$532$401$300$133
25 years$859$654$492$366$270$115
26 years$817$615$457$335$243$99
27 years$778$579$424$307$219$85
28 years$742$545$394$281$198$74
29 years$709$515$367$258$179$64
30 years$678$486$342$236$161$55
31 years$649$459$319$217$146$48
32 years$622$435$297$200$132$41
33 years$596$412$278$183$119$36
34 years$572$390$259$169$108$31
35 years$550$370$242$155$98$27
36 years$529$351$227$143$89$23
37 years$509$334$212$132$80$20
38 years$490$317$199$122$73$17
39 years$472$301$186$112$66$15
40 years$455$287$175$103$60$13
41 years$439$273$164$95$54$11
42 years$424$260$154$88$49$10
43 years$409$248$144$81$45$8
44 years$396$236$135$75$41$7
45 years$382$225$127$69$37$6
46 years$370$215$119$64$34$6
47 years$358$205$112$59$30$5
48 years$347$196$105$55$28$4
49 years$336$187$99$50$25$4
50 years$325$179$93$47$23$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $333,000, adding $5,449 every year, while hoping to spend $20,772 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: 73/19/8 Blend
49$333,000$333,000$333,000$333,000
50$372,587$354,938$349,776$398,907
51$388,489$350,228$339,392$412,300
52$405,318$344,592$327,965$423,829
53$423,145$337,962$315,436$435,875
54$442,049$330,265$301,747$448,481
55$462,118$321,428$286,835$461,697
56$483,445$311,369$270,635$475,579
57$506,135$300,005$253,080$490,185
58$530,301$287,245$234,098$505,586
59$556,066$272,995$213,615$521,854
60$583,568$257,155$191,554$539,074
61$612,954$239,618$167,834$557,337
62$644,389$220,272$142,369$576,746
63$678,050$198,999$115,072$597,413
64$714,135$175,674$85,851$619,464
65$752,858$150,164$54,609$643,038
66$794,457$122,329$21,245$668,289
67$839,190$92,021$0$695,388
68$887,342$59,085$0$725,749
69$939,227$23,356$0$760,371
70$995,187$0$0$797,681
71$1,055,600$0$0$841,152
72$1,120,880$0$0$893,414
73$1,191,484$0$0$949,951
74$1,267,912$0$0$1,011,165
75$1,350,715$0$0$1,077,499
76$1,440,498$0$0$1,149,439
77$1,537,928$0$0$1,227,522
78$1,643,735$0$0$1,312,335
79$1,758,727$0$0$1,404,527
80$1,883,790$0$0$1,504,810
81$2,019,897$0$0$1,613,968
82$2,168,121$0$0$1,732,864
83$2,329,644$0$0$1,862,447
84$2,505,764$0$0$2,003,761
85$2,697,911$0$0$2,157,956
86$2,907,659$0$0$2,326,299
87$3,136,739$0$0$2,510,182
88$3,387,059$0$0$2,711,139
89$3,660,719$0$0$2,930,858
90$3,960,030$0$0$3,171,199
91$4,287,536$0$0$3,434,209
92$4,646,042$0$0$3,722,141
93$5,038,631$0$0$4,037,479
94$5,468,704$0$0$4,382,954
95$5,940,003$0$0$4,761,579
96$6,456,649$0$0$5,176,667
97$7,023,182$0$0$5,631,870
98$7,644,602$0$0$6,131,211
99$8,326,415$0$0$6,679,118
100$9,074,689$0$0$7,280,471