Can I retire at age 50 with 360,000?

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 $360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$29,728$29,464$29,205$28,953$28,707$28,081
2 years$14,717$14,443$14,177$13,920$13,670$13,043
3 years$9,714$9,439$9,174$8,919$8,673$8,064
4 years$7,213$6,938$6,676$6,425$6,186$5,599
5 years$5,713$5,440$5,181$4,935$4,702$4,140
6 years$4,713$4,442$4,187$3,947$3,721$3,184
7 years$3,999$3,730$3,479$3,245$3,026$2,514
8 years$3,464$3,198$2,951$2,722$2,510$2,023
9 years$3,048$2,784$2,542$2,319$2,114$1,652
10 years$2,715$2,454$2,216$1,999$1,801$1,363
11 years$2,443$2,185$1,951$1,739$1,549$1,134
12 years$2,217$1,961$1,731$1,526$1,342$951
13 years$2,025$1,772$1,547$1,347$1,171$801
14 years$1,861$1,611$1,390$1,196$1,026$678
15 years$1,719$1,471$1,255$1,066$904$576
16 years$1,595$1,350$1,138$955$799$491
17 years$1,486$1,243$1,035$858$708$419
18 years$1,388$1,149$945$773$630$359
19 years$1,302$1,065$865$699$561$308
20 years$1,224$989$794$633$501$265
21 years$1,153$922$730$574$449$228
22 years$1,089$860$673$522$402$196
23 years$1,031$805$621$475$361$169
24 years$977$754$575$434$324$146
25 years$928$707$532$396$292$126
26 years$883$665$494$362$263$109
27 years$841$626$458$331$237$94
28 years$802$590$426$304$214$81
29 years$766$556$397$278$193$70
30 years$733$525$369$256$175$61
31 years$701$497$344$235$158$53
32 years$672$470$321$216$143$46
33 years$645$445$300$198$129$40
34 years$619$422$280$183$117$34
35 years$595$400$262$168$106$30
36 years$572$380$245$155$96$26
37 years$550$361$229$143$87$22
38 years$530$343$215$131$79$19
39 years$510$326$201$121$72$17
40 years$492$310$189$112$65$15
41 years$475$295$177$103$59$13
42 years$458$281$166$95$53$11
43 years$443$268$156$88$48$9
44 years$428$255$146$81$44$8
45 years$414$243$137$75$40$7
46 years$400$232$129$69$36$6
47 years$387$222$121$64$33$5
48 years$375$212$114$59$30$5
49 years$363$202$107$55$27$4
50 years$351$193$101$50$25$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $360,000, adding $2,805 every year, while hoping to spend $25,726 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$360,000$360,000$360,000$360,000
50$399,613$380,533$374,953$434,983
51$413,002$371,807$360,142$449,687
52$426,893$361,791$343,972$461,928
53$441,313$350,395$326,371$474,528
54$456,285$337,523$307,264$487,503
55$471,839$323,074$286,569$500,869
56$488,003$306,941$264,206$514,644
57$504,808$289,011$240,086$528,848
58$522,290$269,163$214,120$543,501
59$540,483$247,272$186,213$558,627
60$559,427$223,203$156,265$574,250
61$579,163$196,814$124,175$590,396
62$599,736$167,957$89,834$607,096
63$621,196$136,473$53,129$624,380
64$643,593$102,196$13,944$642,284
65$666,984$64,948$0$660,845
66$691,430$24,544$0$681,591
67$716,997$0$0$703,973
68$743,755$0$0$728,569
69$771,782$0$0$756,029
70$801,161$0$0$784,814
71$831,982$0$0$815,013
72$864,343$0$0$846,721
73$898,352$0$0$880,045
74$934,123$0$0$915,096
75$971,784$0$0$951,999
76$1,011,471$0$0$990,888
77$1,053,334$0$0$1,031,911
78$1,097,536$0$0$1,075,226
79$1,144,254$0$0$1,121,008
80$1,193,683$0$0$1,169,447
81$1,246,034$0$0$1,220,752
82$1,301,539$0$0$1,275,148
83$1,360,450$0$0$1,332,883
84$1,423,044$0$0$1,394,229
85$1,489,623$0$0$1,459,483
86$1,560,519$0$0$1,528,968
87$1,636,092$0$0$1,603,040
88$1,716,741$0$0$1,682,088
89$1,802,899$0$0$1,766,538
90$1,895,044$0$0$1,856,858
91$1,993,697$0$0$1,953,559
92$2,099,432$0$0$2,057,205
93$2,212,877$0$0$2,168,410
94$2,334,721$0$0$2,287,851
95$2,465,721$0$0$2,416,270
96$2,606,708$0$0$2,554,483
97$2,758,595$0$0$2,703,383
98$2,922,383$0$0$2,863,955
99$3,099,173$0$0$3,037,276
100$3,290,176$0$0$3,224,534