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%19%
1 years$30,472$30,200$29,935$29,677$29,425$28,358
2 years$15,085$14,804$14,532$14,268$14,012$12,949
3 years$9,957$9,675$9,403$9,141$8,890$7,864
4 years$7,393$7,112$6,843$6,586$6,340$5,359
5 years$5,855$5,576$5,310$5,059$4,820$3,886
6 years$4,831$4,553$4,292$4,045$3,814$2,929
7 years$4,099$3,824$3,566$3,326$3,102$2,265
8 years$3,550$3,278$3,025$2,790$2,573$1,783
9 years$3,124$2,854$2,605$2,377$2,167$1,423
10 years$2,783$2,515$2,271$2,049$1,846$1,148
11 years$2,504$2,239$1,999$1,783$1,588$933
12 years$2,272$2,010$1,774$1,564$1,376$763
13 years$2,076$1,816$1,585$1,381$1,200$627
14 years$1,908$1,651$1,424$1,226$1,052$517
15 years$1,762$1,508$1,286$1,093$926$428
16 years$1,635$1,384$1,166$979$818$355
17 years$1,523$1,274$1,061$879$726$295
18 years$1,423$1,178$969$792$645$246
19 years$1,334$1,091$887$716$575$205
20 years$1,254$1,014$814$649$514$171
21 years$1,182$945$749$589$460$143
22 years$1,116$882$690$535$412$120
23 years$1,056$825$637$487$370$100
24 years$1,002$773$589$445$332$84
25 years$951$725$546$406$299$71
26 years$905$682$506$371$270$59
27 years$862$641$470$340$243$50
28 years$822$604$437$311$219$42
29 years$786$570$407$285$198$35
30 years$751$538$379$262$179$29
31 years$719$509$353$241$162$25
32 years$689$482$329$221$146$21
33 years$661$456$308$203$132$17
34 years$634$432$287$187$120$15
35 years$610$410$269$172$109$12
36 years$586$389$251$159$98$10
37 years$564$370$235$146$89$9
38 years$543$351$220$135$81$7
39 years$523$334$206$124$73$6
40 years$504$318$193$115$66$5
41 years$487$303$181$106$60$4
42 years$470$288$170$98$55$4
43 years$454$275$160$90$50$3
44 years$438$262$150$83$45$3
45 years$424$250$141$77$41$2
46 years$410$238$132$71$37$2
47 years$397$227$124$66$34$2
48 years$384$217$117$61$31$1
49 years$372$207$110$56$28$1
50 years$360$198$103$52$25$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $369,000, adding $6,532 every year, while hoping to spend $24,848 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: 61/16/23 Blend
49$369,000$369,000$369,000$369,000
50$413,376$393,819$388,099$435,707
51$429,102$386,678$374,663$444,466
52$445,600$378,354$359,943$450,725
53$462,921$368,764$343,871$457,005
54$481,123$357,817$326,375$463,314
55$500,267$345,420$307,378$469,658
56$520,422$331,473$286,803$476,047
57$541,659$315,870$264,565$482,495
58$564,060$298,499$240,580$489,014
59$587,711$279,242$214,756$495,623
60$612,707$257,975$187,000$502,341
61$639,152$234,564$157,213$509,194
62$667,158$208,870$125,292$516,209
63$696,850$180,747$91,131$523,418
64$728,362$150,037$54,618$530,862
65$761,842$116,575$15,634$538,582
66$797,451$80,189$0$546,629
67$835,367$40,693$0$561,435
68$875,781$0$0$581,200
69$918,907$0$0$602,563
70$964,977$0$0$633,055
71$1,014,244$0$0$665,681
72$1,066,988$0$0$700,630
73$1,123,515$0$0$738,104
74$1,184,160$0$0$778,331
75$1,249,290$0$0$821,556
76$1,319,312$0$0$868,051
77$1,394,667$0$0$918,113
78$1,475,843$0$0$972,070
79$1,563,375$0$0$1,030,280
80$1,657,850$0$0$1,093,138
81$1,759,915$0$0$1,161,077
82$1,870,279$0$0$1,234,574
83$1,989,722$0$0$1,314,152
84$2,119,101$0$0$1,400,387
85$2,259,360$0$0$1,493,911
86$2,411,534$0$0$1,595,423
87$2,576,764$0$0$1,705,685
88$2,756,304$0$0$1,825,542
89$2,951,534$0$0$1,955,919
90$3,163,971$0$0$2,097,837
91$3,395,285$0$0$2,252,415
92$3,647,313$0$0$2,420,890
93$3,922,078$0$0$2,604,619
94$4,221,806$0$0$2,805,098
95$4,548,945$0$0$3,023,972
96$4,906,193$0$0$3,263,052
97$5,296,518$0$0$3,524,334
98$5,723,187$0$0$3,810,013
99$6,189,800$0$0$4,122,507
100$6,700,316$0$0$4,464,476