Can I retire at age 50 with 366,000?

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 $366,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$30,224$29,955$29,692$29,436$29,185$28,857
2 years$14,962$14,684$14,414$14,152$13,898$13,567
3 years$9,876$9,596$9,327$9,067$8,817$8,494
4 years$7,333$7,054$6,787$6,532$6,289$5,976
5 years$5,808$5,530$5,267$5,018$4,780$4,480
6 years$4,791$4,516$4,257$4,013$3,783$3,494
7 years$4,065$3,793$3,537$3,299$3,076$2,799
8 years$3,521$3,251$3,000$2,767$2,552$2,287
9 years$3,098$2,831$2,584$2,357$2,149$1,896
10 years$2,760$2,495$2,253$2,032$1,831$1,590
11 years$2,484$2,221$1,983$1,768$1,575$1,345
12 years$2,253$1,994$1,760$1,551$1,365$1,146
13 years$2,059$1,802$1,572$1,369$1,190$982
14 years$1,892$1,638$1,413$1,216$1,043$846
15 years$1,748$1,496$1,276$1,084$919$732
16 years$1,622$1,373$1,157$971$812$635
17 years$1,510$1,264$1,052$872$720$552
18 years$1,412$1,168$961$786$640$482
19 years$1,323$1,083$880$710$570$421
20 years$1,244$1,006$807$643$510$369
21 years$1,172$937$742$584$456$324
22 years$1,107$875$684$531$409$285
23 years$1,048$818$632$483$367$250
24 years$993$766$584$441$330$220
25 years$944$719$541$403$297$194
26 years$898$676$502$368$267$171
27 years$855$636$466$337$241$151
28 years$816$599$433$309$217$134
29 years$779$566$403$283$196$118
30 years$745$534$376$260$177$104
31 years$713$505$350$239$160$92
32 years$683$478$327$219$145$82
33 years$655$452$305$202$131$72
34 years$629$429$285$186$119$64
35 years$605$407$266$171$108$57
36 years$581$386$249$157$98$50
37 years$559$367$233$145$88$44
38 years$539$348$218$134$80$39
39 years$519$331$205$123$73$35
40 years$500$315$192$114$66$31
41 years$483$300$180$105$60$27
42 years$466$286$169$97$54$24
43 years$450$272$158$89$49$22
44 years$435$260$149$82$45$19
45 years$420$247$140$76$41$17
46 years$407$236$131$70$37$15
47 years$393$225$123$65$33$13
48 years$381$215$116$60$30$12
49 years$369$205$109$56$28$10
50 years$357$196$102$51$25$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $366,000, adding $5,647 every year, while hoping to spend $27,727 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: 84/8/8 Blend
49$366,000$366,000$366,000$366,000
50$409,157$389,759$384,086$442,676
51$421,390$379,356$367,451$455,011
52$433,941$367,514$349,330$464,223
53$446,813$354,133$329,644$473,477
54$460,011$339,107$308,309$482,759
55$473,534$322,326$285,240$492,056
56$487,384$303,670$260,345$501,350
57$501,563$283,014$233,532$510,625
58$516,068$260,228$204,701$519,859
59$530,897$235,170$173,749$529,031
60$546,049$207,693$140,570$538,117
61$561,517$177,642$105,050$547,091
62$577,297$144,850$67,074$555,923
63$593,378$109,145$26,518$564,580
64$609,751$70,342$0$573,028
65$626,404$28,247$0$582,658
66$643,321$0$0$594,505
67$660,484$0$0$607,795
68$677,871$0$0$623,776
69$695,456$0$0$639,938
70$713,212$0$0$656,254
71$731,103$0$0$672,691
72$749,092$0$0$689,214
73$767,132$0$0$705,781
74$785,175$0$0$722,346
75$803,161$0$0$738,854
76$821,025$0$0$755,246
77$838,694$0$0$771,452
78$856,084$0$0$787,394
79$873,101$0$0$802,987
80$889,638$0$0$818,131
81$905,579$0$0$832,717
82$920,788$0$0$846,621
83$935,119$0$0$859,706
84$948,405$0$0$871,818
85$960,459$0$0$882,784
86$971,076$0$0$892,413
87$980,023$0$0$900,492
88$987,046$0$0$906,781
89$991,857$0$0$911,017
90$994,139$0$0$912,905
91$993,538$0$0$912,118
92$989,664$0$0$908,292
93$982,080$0$0$901,026
94$970,303$0$0$889,870
95$953,799$0$0$874,331
96$931,974$0$0$853,858
97$904,171$0$0$827,842
98$869,662$0$0$795,610
99$827,641$0$0$756,415
100$777,216$0$0$709,432