Can I retire at age 50 with 382,000?

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 $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%19.3%
1 years$31,545$31,264$30,990$30,722$30,461$29,322
2 years$15,616$15,326$15,044$14,770$14,505$13,371
3 years$10,308$10,015$9,734$9,464$9,203$8,108
4 years$7,654$7,362$7,084$6,818$6,564$5,518
5 years$6,062$5,772$5,498$5,237$4,989$3,995
6 years$5,001$4,713$4,443$4,188$3,948$3,005
7 years$4,243$3,958$3,692$3,443$3,211$2,320
8 years$3,675$3,393$3,131$2,888$2,664$1,824
9 years$3,234$2,954$2,697$2,460$2,243$1,453
10 years$2,881$2,604$2,351$2,121$1,911$1,169
11 years$2,592$2,318$2,070$1,846$1,644$948
12 years$2,352$2,081$1,837$1,619$1,424$774
13 years$2,149$1,880$1,641$1,429$1,242$635
14 years$1,975$1,709$1,475$1,269$1,089$523
15 years$1,824$1,561$1,331$1,131$959$432
16 years$1,692$1,433$1,207$1,013$847$357
17 years$1,576$1,319$1,098$910$751$297
18 years$1,473$1,219$1,003$820$668$246
19 years$1,381$1,130$918$741$595$205
20 years$1,298$1,050$842$671$532$171
21 years$1,223$978$775$609$476$143
22 years$1,156$913$714$554$427$119
23 years$1,094$854$659$505$383$99
24 years$1,037$800$610$460$344$83
25 years$985$751$565$420$310$70
26 years$937$706$524$384$279$58
27 years$893$664$486$352$252$49
28 years$851$626$452$322$227$41
29 years$813$590$421$296$205$34
30 years$778$557$392$271$185$29
31 years$744$527$365$249$167$24
32 years$713$499$341$229$151$20
33 years$684$472$318$210$137$17
34 years$657$448$297$194$124$14
35 years$631$424$278$178$112$12
36 years$607$403$260$164$102$10
37 years$584$383$244$151$92$8
38 years$562$364$228$139$84$7
39 years$542$346$214$129$76$6
40 years$522$329$200$119$69$5
41 years$504$313$188$109$62$4
42 years$486$298$176$101$57$3
43 years$470$284$165$93$51$3
44 years$454$271$155$86$47$2
45 years$439$258$146$79$42$2
46 years$424$246$137$73$38$2
47 years$411$235$129$68$35$1
48 years$398$224$121$63$32$1
49 years$385$214$114$58$29$1
50 years$373$205$107$54$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $382,000, adding $2,042 every year, while hoping to spend $23,270 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: 58/31/11 Blend
49$382,000$382,000$382,000$382,000
50$423,070$402,824$396,903$446,362
51$441,464$397,804$385,440$457,279
52$460,955$391,757$372,814$466,396
53$481,629$384,610$358,959$475,773
54$503,581$376,282$343,811$485,439
55$526,917$366,691$327,300$495,425
56$551,751$355,746$309,352$505,767
57$578,207$343,355$289,892$516,506
58$606,421$329,417$268,842$527,687
59$636,545$313,827$246,116$539,363
60$668,742$296,474$221,630$551,593
61$703,191$277,239$195,293$564,444
62$740,091$255,998$167,010$577,989
63$779,658$232,620$136,682$592,314
64$822,129$206,964$104,207$607,513
65$867,765$178,884$69,477$623,693
66$916,852$148,224$32,379$640,974
67$969,704$114,820$0$659,489
68$1,026,666$78,499$0$680,235
69$1,088,117$39,076$0$706,645
70$1,154,472$0$0$735,117
71$1,226,190$0$0$767,119
72$1,303,773$0$0$816,184
73$1,387,773$0$0$869,334
74$1,478,799$0$0$926,957
75$1,577,517$0$0$989,479
76$1,684,663$0$0$1,057,370
77$1,801,044$0$0$1,131,145
78$1,927,550$0$0$1,211,372
79$2,065,157$0$0$1,298,675
80$2,214,941$0$0$1,393,741
81$2,378,087$0$0$1,497,325
82$2,555,896$0$0$1,610,260
83$2,749,801$0$0$1,733,460
84$2,961,381$0$0$1,867,934
85$3,192,371$0$0$2,014,791
86$3,444,684$0$0$2,175,251
87$3,720,423$0$0$2,350,660
88$4,021,906$0$0$2,542,496
89$4,351,683$0$0$2,752,390
90$4,712,563$0$0$2,982,135
91$5,107,638$0$0$3,233,708
92$5,540,315$0$0$3,509,285
93$6,014,343$0$0$3,811,261
94$6,533,853$0$0$4,142,275
95$7,103,393$0$0$4,505,235
96$7,727,973$0$0$4,903,340
97$8,413,112$0$0$5,340,117
98$9,164,887$0$0$5,819,449
99$9,989,993$0$0$6,345,615
100$10,895,803$0$0$6,923,326