Can I retire at age 50 with 352,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $352,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$29,068$28,809$28,556$28,310$28,069$27,811
2 years$14,390$14,122$13,862$13,610$13,366$13,106
3 years$9,498$9,229$8,970$8,720$8,480$8,226
4 years$7,053$6,784$6,528$6,283$6,048$5,802
5 years$5,586$5,319$5,066$4,826$4,598$4,360
6 years$4,608$4,343$4,094$3,859$3,638$3,410
7 years$3,910$3,647$3,402$3,173$2,959$2,740
8 years$3,387$3,127$2,885$2,662$2,454$2,245
9 years$2,980$2,722$2,485$2,267$2,067$1,866
10 years$2,655$2,400$2,167$1,954$1,761$1,570
11 years$2,389$2,136$1,907$1,701$1,515$1,332
12 years$2,167$1,917$1,693$1,492$1,313$1,138
13 years$1,980$1,733$1,512$1,317$1,145$979
14 years$1,820$1,575$1,359$1,169$1,003$846
15 years$1,681$1,439$1,227$1,043$883$734
16 years$1,559$1,320$1,112$934$781$639
17 years$1,453$1,216$1,012$839$692$558
18 years$1,358$1,123$924$756$616$489
19 years$1,273$1,041$846$683$549$429
20 years$1,196$967$776$619$490$377
21 years$1,127$901$714$561$439$332
22 years$1,065$841$658$510$393$293
23 years$1,008$787$608$465$353$259
24 years$955$737$562$424$317$229
25 years$908$692$520$387$285$202
26 years$863$650$483$354$257$179
27 years$822$612$448$324$232$159
28 years$785$577$417$297$209$141
29 years$749$544$388$272$189$125
30 years$717$514$361$250$171$111
31 years$686$486$337$230$154$98
32 years$657$459$314$211$140$87
33 years$630$435$293$194$126$78
34 years$605$412$274$178$114$69
35 years$581$391$256$164$104$61
36 years$559$371$240$151$94$55
37 years$538$353$224$139$85$49
38 years$518$335$210$128$77$43
39 years$499$319$197$118$70$39
40 years$481$303$185$109$63$34
41 years$464$289$173$101$58$31
42 years$448$275$162$93$52$27
43 years$433$262$152$86$47$24
44 years$418$250$143$79$43$22
45 years$404$238$134$73$39$19
46 years$391$227$126$68$35$17
47 years$378$217$118$63$32$15
48 years$366$207$111$58$29$14
49 years$355$198$105$53$27$12
50 years$344$189$98$49$24$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $352,000, adding $5,387 every year, while hoping to spend $21,219 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: 63/18/19 Blend
49$352,000$352,000$352,000$352,000
50$393,461$374,805$369,349$416,020
51$411,017$370,593$359,145$427,645
52$429,653$365,464$347,888$437,461
53$449,455$359,350$335,521$447,685
54$470,522$352,180$321,983$458,358
55$492,956$343,878$307,210$469,527
56$516,874$334,365$291,138$481,243
57$542,400$323,554$273,697$493,565
58$569,674$311,357$254,815$506,558
59$598,847$297,679$234,416$520,293
60$630,083$282,419$212,423$534,851
61$663,565$265,472$188,753$550,323
62$699,493$246,724$163,321$566,810
63$738,085$226,057$136,036$584,422
64$779,581$203,346$106,805$603,285
65$824,246$178,458$75,530$623,538
66$872,369$151,252$42,110$645,335
67$924,268$121,580$6,438$668,850
68$980,293$89,287$0$694,272
69$1,040,827$54,206$0$728,227
70$1,106,293$16,164$0$766,348
71$1,177,154$0$0$807,618
72$1,253,921$0$0$857,308
73$1,337,154$0$0$914,676
74$1,427,470$0$0$976,948
75$1,525,546$0$0$1,044,595
76$1,632,130$0$0$1,118,134
77$1,748,040$0$0$1,198,134
78$1,874,181$0$0$1,285,222
79$2,011,545$0$0$1,380,086
80$2,161,225$0$0$1,483,485
81$2,324,425$0$0$1,596,253
82$2,502,468$0$0$1,719,310
83$2,696,811$0$0$1,853,666
84$2,909,058$0$0$2,000,434
85$3,140,976$0$0$2,160,840
86$3,394,508$0$0$2,336,233
87$3,671,794$0$0$2,528,098
88$3,975,192$0$0$2,738,071
89$4,307,296$0$0$2,967,952
90$4,670,963$0$0$3,219,725
91$5,069,340$0$0$3,495,574
92$5,505,893$0$0$3,797,903
93$5,984,438$0$0$4,129,363
94$6,509,179$0$0$4,492,869
95$7,084,744$0$0$4,891,636
96$7,716,233$0$0$5,329,203
97$8,409,263$0$0$5,809,468
98$9,170,020$0$0$6,336,725
99$10,005,319$0$0$6,915,706
100$10,922,667$0$0$7,551,620