Can I retire at age 50 with 355,000?

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 $355,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$29,316$29,054$28,800$28,551$28,308$28,142
2 years$14,513$14,242$13,980$13,726$13,480$13,312
3 years$9,579$9,308$9,046$8,795$8,552$8,388
4 years$7,113$6,842$6,583$6,336$6,100$5,940
5 years$5,633$5,364$5,109$4,867$4,637$4,483
6 years$4,647$4,380$4,129$3,892$3,669$3,521
7 years$3,943$3,679$3,431$3,200$2,984$2,841
8 years$3,416$3,153$2,910$2,684$2,475$2,339
9 years$3,005$2,745$2,506$2,286$2,085$1,954
10 years$2,677$2,420$2,185$1,971$1,776$1,651
11 years$2,409$2,154$1,924$1,715$1,528$1,408
12 years$2,186$1,934$1,707$1,504$1,324$1,209
13 years$1,997$1,747$1,525$1,328$1,154$1,045
14 years$1,835$1,588$1,370$1,179$1,012$908
15 years$1,695$1,451$1,237$1,052$891$792
16 years$1,573$1,331$1,122$942$787$694
17 years$1,465$1,226$1,021$846$698$609
18 years$1,369$1,133$932$762$621$536
19 years$1,283$1,050$853$689$553$473
20 years$1,207$976$783$624$494$419
21 years$1,137$909$720$566$442$371
22 years$1,074$848$664$515$396$329
23 years$1,016$793$613$469$356$292
24 years$964$743$567$428$320$260
25 years$915$698$525$391$288$231
26 years$871$656$487$357$259$206
27 years$829$617$452$327$234$184
28 years$791$581$420$299$211$164
29 years$756$549$391$275$190$147
30 years$723$518$364$252$172$131
31 years$692$490$340$231$156$117
32 years$663$463$317$213$141$105
33 years$636$439$296$196$127$94
34 years$610$416$276$180$115$84
35 years$586$394$258$166$104$75
36 years$564$374$242$153$95$67
37 years$543$356$226$141$86$60
38 years$522$338$212$130$78$54
39 years$503$321$199$119$71$48
40 years$485$306$186$110$64$43
41 years$468$291$174$102$58$39
42 years$452$277$164$94$53$35
43 years$437$264$154$87$48$31
44 years$422$252$144$80$43$28
45 years$408$240$135$74$39$25
46 years$394$229$127$68$36$23
47 years$382$219$119$63$32$20
48 years$369$209$112$58$29$18
49 years$358$199$106$54$27$16
50 years$347$190$99$50$24$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $355,000, adding $3,646 every year, while hoping to spend $26,460 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: 50/33/17 Blend
49$355,000$355,000$355,000$355,000
50$394,971$376,156$370,653$412,691
51$407,105$366,434$354,917$415,572
52$419,589$355,349$337,767$415,665
53$432,433$342,807$319,127$415,191
54$445,642$328,706$298,919$414,107
55$459,226$312,941$277,061$412,365
56$473,191$295,399$253,467$409,915
57$487,546$275,963$228,047$406,705
58$502,296$254,505$200,707$402,679
59$517,449$230,895$171,350$397,778
60$533,011$204,991$139,872$391,937
61$548,988$176,645$106,168$385,092
62$565,385$145,701$70,125$377,170
63$582,207$111,994$31,627$368,098
64$599,459$75,348$0$357,795
65$617,143$35,579$0$347,893
66$635,262$0$0$342,820
67$653,816$0$0$339,490
68$672,807$0$0$349,300
69$692,232$0$0$359,329
70$712,089$0$0$369,574
71$732,373$0$0$380,032
72$753,076$0$0$390,700
73$774,190$0$0$401,570
74$795,704$0$0$412,636
75$817,602$0$0$423,889
76$839,866$0$0$435,319
77$862,476$0$0$446,912
78$885,406$0$0$458,655
79$908,626$0$0$470,529
80$932,102$0$0$482,515
81$955,791$0$0$494,589
82$979,649$0$0$506,725
83$1,003,620$0$0$518,892
84$1,027,644$0$0$531,055
85$1,051,650$0$0$543,174
86$1,075,560$0$0$555,205
87$1,099,282$0$0$567,098
88$1,122,716$0$0$578,793
89$1,145,746$0$0$590,229
90$1,168,244$0$0$601,331
91$1,190,063$0$0$612,018
92$1,211,042$0$0$622,201
93$1,230,998$0$0$631,777
94$1,249,726$0$0$640,631
95$1,267,000$0$0$648,638
96$1,282,565$0$0$655,656
97$1,296,136$0$0$661,526
98$1,307,399$0$0$666,073
99$1,316,000$0$0$669,102
100$1,321,550$0$0$670,395