Can I retire at age 50 with 381,000?

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 $381,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$31,463$31,182$30,909$30,642$30,381$29,829
2 years$15,576$15,285$15,004$14,732$14,467$13,913
3 years$10,281$9,989$9,709$9,439$9,179$8,639
4 years$7,634$7,343$7,066$6,800$6,546$6,026
5 years$6,046$5,757$5,483$5,223$4,976$4,477
6 years$4,988$4,701$4,431$4,177$3,938$3,460
7 years$4,232$3,948$3,682$3,434$3,202$2,746
8 years$3,666$3,384$3,123$2,881$2,657$2,221
9 years$3,225$2,947$2,690$2,454$2,237$1,823
10 years$2,873$2,597$2,345$2,115$1,906$1,513
11 years$2,586$2,312$2,064$1,841$1,639$1,266
12 years$2,346$2,075$1,832$1,615$1,421$1,067
13 years$2,143$1,875$1,637$1,426$1,239$905
14 years$1,970$1,705$1,471$1,265$1,086$770
15 years$1,819$1,557$1,328$1,129$956$659
16 years$1,688$1,429$1,204$1,010$845$565
17 years$1,572$1,316$1,096$908$749$486
18 years$1,469$1,216$1,000$818$666$419
19 years$1,377$1,127$916$739$594$361
20 years$1,295$1,047$840$670$530$313
21 years$1,220$975$773$608$475$271
22 years$1,153$910$712$553$425$235
23 years$1,091$852$658$503$382$204
24 years$1,034$798$608$459$343$177
25 years$982$749$563$419$309$154
26 years$934$704$522$383$278$134
27 years$890$662$485$351$251$117
28 years$849$624$451$321$226$102
29 years$811$589$420$295$204$89
30 years$776$556$391$270$185$77
31 years$742$526$364$248$167$67
32 years$711$497$340$228$151$59
33 years$682$471$318$210$137$51
34 years$655$446$297$193$124$45
35 years$629$423$277$178$112$39
36 years$605$402$259$164$102$34
37 years$582$382$243$151$92$30
38 years$561$363$227$139$83$26
39 years$540$345$213$128$76$23
40 years$521$328$200$118$69$20
41 years$503$312$187$109$62$17
42 years$485$297$176$101$57$15
43 years$468$283$165$93$51$13
44 years$453$270$155$86$47$12
45 years$438$258$145$79$42$10
46 years$423$246$136$73$38$9
47 years$410$235$128$68$35$8
48 years$396$224$120$63$32$7
49 years$384$214$113$58$29$6
50 years$372$204$106$53$26$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $381,000, adding $3,410 every year, while hoping to spend $27,092 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: 52/32/16 Blend
49$381,000$381,000$381,000$381,000
50$423,379$403,186$397,281$443,389
51$437,738$394,117$381,764$448,403
52$452,654$383,695$364,820$450,717
53$468,154$371,826$346,371$452,634
54$484,270$358,409$326,338$454,123
55$501,032$343,338$304,637$455,155
56$518,477$326,500$281,182$455,697
57$536,640$307,778$255,880$455,716
58$555,563$287,044$228,637$455,175
59$575,287$264,166$199,353$454,039
60$595,859$239,003$167,925$452,271
61$617,330$211,407$134,243$449,830
62$639,752$181,221$98,195$446,677
63$663,184$148,278$59,662$442,769
64$687,689$112,404$18,520$438,063
65$713,335$73,413$0$432,516
66$740,194$31,109$0$430,414
67$768,347$0$0$431,033
68$797,881$0$0$436,366
69$828,889$0$0$453,478
70$861,472$0$0$471,472
71$895,743$0$0$490,411
72$931,820$0$0$510,364
73$969,836$0$0$531,405
74$1,009,933$0$0$553,615
75$1,052,266$0$0$577,083
76$1,097,007$0$0$601,905
77$1,144,339$0$0$628,186
78$1,194,465$0$0$656,043
79$1,247,607$0$0$685,599
80$1,304,005$0$0$716,994
81$1,363,924$0$0$750,377
82$1,427,652$0$0$785,912
83$1,495,506$0$0$823,781
84$1,567,831$0$0$864,180
85$1,645,006$0$0$907,326
86$1,727,447$0$0$953,455
87$1,815,608$0$0$1,002,827
88$1,909,989$0$0$1,055,727
89$2,011,135$0$0$1,112,467
90$2,119,648$0$0$1,173,389
91$2,236,186$0$0$1,238,870
92$2,361,471$0$0$1,309,323
93$2,496,297$0$0$1,385,201
94$2,641,534$0$0$1,467,002
95$2,798,141$0$0$1,555,273
96$2,967,167$0$0$1,650,614
97$3,149,767$0$0$1,753,686
98$3,347,211$0$0$1,865,214
99$3,560,894$0$0$1,985,998
100$3,792,348$0$0$2,116,913