Can I retire at age 50 with 382,000?

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 $382,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$31,545$31,264$30,990$30,722$30,461$29,981
2 years$15,616$15,326$15,044$14,770$14,505$14,023
3 years$10,308$10,015$9,734$9,464$9,203$8,733
4 years$7,654$7,362$7,084$6,818$6,564$6,110
5 years$6,062$5,772$5,498$5,237$4,989$4,554
6 years$5,001$4,713$4,443$4,188$3,948$3,530
7 years$4,243$3,958$3,692$3,443$3,211$2,811
8 years$3,675$3,393$3,131$2,888$2,664$2,282
9 years$3,234$2,954$2,697$2,460$2,243$1,880
10 years$2,881$2,604$2,351$2,121$1,911$1,566
11 years$2,592$2,318$2,070$1,846$1,644$1,315
12 years$2,352$2,081$1,837$1,619$1,424$1,113
13 years$2,149$1,880$1,641$1,429$1,242$947
14 years$1,975$1,709$1,475$1,269$1,089$810
15 years$1,824$1,561$1,331$1,131$959$695
16 years$1,692$1,433$1,207$1,013$847$599
17 years$1,576$1,319$1,098$910$751$517
18 years$1,473$1,219$1,003$820$668$447
19 years$1,381$1,130$918$741$595$388
20 years$1,298$1,050$842$671$532$337
21 years$1,223$978$775$609$476$293
22 years$1,156$913$714$554$427$256
23 years$1,094$854$659$505$383$223
24 years$1,037$800$610$460$344$195
25 years$985$751$565$420$310$170
26 years$937$706$524$384$279$149
27 years$893$664$486$352$252$130
28 years$851$626$452$322$227$114
29 years$813$590$421$296$205$100
30 years$778$557$392$271$185$87
31 years$744$527$365$249$167$77
32 years$713$499$341$229$151$67
33 years$684$472$318$210$137$59
34 years$657$448$297$194$124$52
35 years$631$424$278$178$112$45
36 years$607$403$260$164$102$40
37 years$584$383$244$151$92$35
38 years$562$364$228$139$84$31
39 years$542$346$214$129$76$27
40 years$522$329$200$119$69$24
41 years$504$313$188$109$62$21
42 years$486$298$176$101$57$18
43 years$470$284$165$93$51$16
44 years$454$271$155$86$47$14
45 years$439$258$146$79$42$12
46 years$424$246$137$73$38$11
47 years$411$235$129$68$35$10
48 years$398$224$121$63$32$8
49 years$385$214$114$58$29$7
50 years$373$205$107$54$26$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $382,000, adding $4,270 every year, while hoping to spend $23,067 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: 45/30/25 Blend
49$382,000$382,000$382,000$382,000
50$425,369$405,123$399,202$441,272
51$444,213$400,430$388,032$448,251
52$464,206$394,735$375,714$453,245
53$485,442$387,964$362,187$458,204
54$508,021$380,038$347,384$463,139
55$532,054$370,875$331,237$468,060
56$557,664$360,388$313,673$472,982
57$584,983$348,484$294,619$477,922
58$614,157$335,066$273,994$482,902
59$645,346$320,029$251,719$487,948
60$678,726$303,265$227,706$493,089
61$714,489$284,658$201,867$498,363
62$752,845$264,084$174,108$503,809
63$794,026$241,416$144,331$509,479
64$838,286$216,514$112,435$515,427
65$885,904$189,236$78,314$521,720
66$937,185$159,427$41,857$528,432
67$992,465$126,927$2,947$535,649
68$1,052,114$91,564$0$543,470
69$1,116,538$53,159$0$562,297
70$1,186,182$11,520$0$583,473
71$1,261,536$0$0$606,393
72$1,343,138$0$0$642,332
73$1,431,581$0$0$685,443
74$1,527,516$0$0$732,246
75$1,631,658$0$0$783,095
76$1,744,795$0$0$838,380
77$1,867,794$0$0$898,528
78$2,001,607$0$0$964,013
79$2,147,283$0$0$1,035,354
80$2,305,975$0$0$1,113,120
81$2,478,953$0$0$1,197,942
82$2,667,615$0$0$1,290,512
83$2,873,499$0$0$1,391,590
84$3,098,297$0$0$1,502,016
85$3,343,873$0$0$1,622,712
86$3,612,278$0$0$1,754,696
87$3,905,772$0$0$1,899,086
88$4,226,841$0$0$2,057,113
89$4,578,223$0$0$2,230,136
90$4,962,934$0$0$2,419,648
91$5,384,294$0$0$2,627,294
92$5,845,960$0$0$2,854,886
93$6,351,958$0$0$3,104,421
94$6,906,724$0$0$3,378,096
95$7,515,143$0$0$3,678,332
96$8,182,594$0$0$4,007,795
97$8,915,004$0$0$4,369,424
98$9,718,899$0$0$4,766,453
99$10,601,471$0$0$5,202,446
100$11,570,640$0$0$5,681,329