Can I retire at age 50 with 369,000?

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 $369,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$30,472$30,200$29,935$29,677$29,425$28,632
2 years$15,085$14,804$14,532$14,268$14,012$13,219
3 years$9,957$9,675$9,403$9,141$8,890$8,121
4 years$7,393$7,112$6,843$6,586$6,340$5,602
5 years$5,855$5,576$5,310$5,059$4,820$4,114
6 years$4,831$4,553$4,292$4,045$3,814$3,141
7 years$4,099$3,824$3,566$3,326$3,102$2,462
8 years$3,550$3,278$3,025$2,790$2,573$1,967
9 years$3,124$2,854$2,605$2,377$2,167$1,593
10 years$2,783$2,515$2,271$2,049$1,846$1,304
11 years$2,504$2,239$1,999$1,783$1,588$1,076
12 years$2,272$2,010$1,774$1,564$1,376$894
13 years$2,076$1,816$1,585$1,381$1,200$747
14 years$1,908$1,651$1,424$1,226$1,052$627
15 years$1,762$1,508$1,286$1,093$926$527
16 years$1,635$1,384$1,166$979$818$445
17 years$1,523$1,274$1,061$879$726$377
18 years$1,423$1,178$969$792$645$320
19 years$1,334$1,091$887$716$575$272
20 years$1,254$1,014$814$649$514$231
21 years$1,182$945$749$589$460$197
22 years$1,116$882$690$535$412$168
23 years$1,056$825$637$487$370$143
24 years$1,002$773$589$445$332$122
25 years$951$725$546$406$299$104
26 years$905$682$506$371$270$89
27 years$862$641$470$340$243$76
28 years$822$604$437$311$219$65
29 years$786$570$407$285$198$56
30 years$751$538$379$262$179$48
31 years$719$509$353$241$162$41
32 years$689$482$329$221$146$35
33 years$661$456$308$203$132$30
34 years$634$432$287$187$120$26
35 years$610$410$269$172$109$22
36 years$586$389$251$159$98$19
37 years$564$370$235$146$89$16
38 years$543$351$220$135$81$14
39 years$523$334$206$124$73$12
40 years$504$318$193$115$66$10
41 years$487$303$181$106$60$9
42 years$470$288$170$98$55$8
43 years$454$275$160$90$50$6
44 years$438$262$150$83$45$6
45 years$424$250$141$77$41$5
46 years$410$238$132$71$37$4
47 years$397$227$124$66$34$3
48 years$384$217$117$61$31$3
49 years$372$207$110$56$28$3
50 years$360$198$103$52$25$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $369,000, adding $4,764 every year, while hoping to spend $26,785 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: 29/44/27 Blend
49$369,000$369,000$369,000$369,000
50$411,552$391,995$386,276$419,946
51$425,031$382,704$370,717$417,634
52$438,988$372,060$353,739$412,498
53$453,442$359,968$335,267$406,437
54$468,415$346,328$315,220$399,390
55$483,930$331,035$293,517$391,293
56$500,012$313,976$270,070$382,077
57$516,685$295,033$244,790$371,671
58$533,978$274,081$217,581$359,999
59$551,919$250,986$188,346$346,983
60$570,540$225,610$156,980$332,538
61$589,873$197,803$123,377$316,576
62$609,954$167,409$87,424$299,007
63$630,821$134,264$49,005$279,732
64$652,513$98,192$7,995$258,650
65$675,075$59,008$0$235,654
66$698,552$16,519$0$220,936
67$722,995$0$0$207,203
68$748,456$0$0$206,338
69$774,993$0$0$213,784
70$802,668$0$0$221,561
71$831,548$0$0$229,689
72$861,704$0$0$238,190
73$893,214$0$0$247,089
74$926,162$0$0$256,410
75$960,639$0$0$266,181
76$996,742$0$0$276,434
77$1,034,579$0$0$287,199
78$1,074,265$0$0$298,514
79$1,115,925$0$0$310,416
80$1,159,694$0$0$322,948
81$1,205,721$0$0$336,156
82$1,254,167$0$0$350,090
83$1,305,206$0$0$364,803
84$1,359,030$0$0$380,356
85$1,415,845$0$0$396,814
86$1,475,879$0$0$414,246
87$1,539,378$0$0$432,730
88$1,606,612$0$0$452,351
89$1,677,875$0$0$473,201
90$1,753,491$0$0$495,382
91$1,833,810$0$0$519,002
92$1,919,218$0$0$544,185
93$2,010,135$0$0$571,062
94$2,107,024$0$0$599,779
95$2,210,388$0$0$630,494
96$2,320,782$0$0$663,383
97$2,438,812$0$0$698,636
98$2,565,142$0$0$736,465
99$2,700,501$0$0$777,099
100$2,845,689$0$0$820,791