Can I retire at age 50 with 392,000?

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 $392,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$32,371$32,083$31,801$31,527$31,259$30,615
2 years$16,025$15,727$15,438$15,157$14,885$14,240
3 years$10,577$10,278$9,989$9,711$9,444$8,816
4 years$7,854$7,555$7,270$6,996$6,735$6,131
5 years$6,220$5,923$5,641$5,374$5,120$4,541
6 years$5,132$4,837$4,559$4,298$4,051$3,497
7 years$4,354$4,062$3,789$3,533$3,295$2,766
8 years$3,772$3,482$3,213$2,964$2,733$2,230
9 years$3,319$3,032$2,767$2,525$2,302$1,824
10 years$2,956$2,672$2,413$2,176$1,961$1,508
11 years$2,660$2,379$2,124$1,894$1,687$1,257
12 years$2,414$2,135$1,885$1,661$1,462$1,056
13 years$2,205$1,930$1,684$1,467$1,275$891
14 years$2,026$1,754$1,513$1,302$1,117$756
15 years$1,872$1,602$1,366$1,161$984$643
16 years$1,737$1,470$1,239$1,040$870$549
17 years$1,618$1,354$1,127$934$771$470
18 years$1,512$1,251$1,029$842$686$404
19 years$1,417$1,159$942$761$611$347
20 years$1,332$1,077$865$689$546$299
21 years$1,256$1,004$795$625$488$258
22 years$1,186$937$733$568$438$222
23 years$1,122$876$677$518$393$192
24 years$1,064$821$626$472$353$166
25 years$1,011$770$580$431$318$144
26 years$961$724$538$394$286$125
27 years$916$681$499$361$258$108
28 years$874$642$464$331$233$94
29 years$834$606$432$303$210$81
30 years$798$572$402$278$190$70
31 years$764$541$375$256$172$61
32 years$732$512$350$235$155$53
33 years$702$485$327$216$141$46
34 years$674$459$305$199$127$40
35 years$647$436$285$183$115$35
36 years$623$413$267$169$104$30
37 years$599$393$250$155$95$26
38 years$577$373$234$143$86$23
39 years$556$355$219$132$78$20
40 years$536$338$205$122$71$17
41 years$517$321$193$112$64$15
42 years$499$306$181$104$58$13
43 years$482$292$170$96$53$11
44 years$466$278$159$88$48$10
45 years$450$265$149$82$43$9
46 years$436$253$140$75$39$7
47 years$421$241$132$70$36$6
48 years$408$230$124$64$33$6
49 years$395$220$117$59$30$5
50 years$383$210$110$55$27$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $392,000, adding $3,885 every year, while hoping to spend $26,989 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: 31/44/25 Blend
49$392,000$392,000$392,000$392,000
50$435,991$415,215$409,139$446,055
51$451,746$406,845$394,129$445,710
52$468,204$397,160$377,712$442,675
53$485,407$386,067$359,812$438,865
54$503,402$373,468$340,349$434,228
55$522,241$359,259$319,242$428,713
56$541,976$343,330$296,404$422,265
57$562,669$325,564$271,744$414,827
58$584,382$305,837$245,169$406,341
59$607,186$284,021$216,579$396,744
60$631,157$259,976$185,873$385,972
61$656,378$233,557$152,942$373,959
62$682,937$204,610$117,674$360,635
63$710,933$172,972$79,953$345,928
64$740,472$138,472$39,655$329,765
65$771,671$100,928$0$312,066
66$804,655$60,147$0$293,648
67$839,563$15,928$0$284,880
68$876,547$0$0$275,126
69$915,770$0$0$279,805
70$957,413$0$0$292,990
71$1,001,673$0$0$307,036
72$1,048,765$0$0$322,017
73$1,098,926$0$0$338,011
74$1,152,414$0$0$355,105
75$1,209,511$0$0$373,395
76$1,270,529$0$0$392,986
77$1,335,806$0$0$413,993
78$1,405,715$0$0$436,542
79$1,480,665$0$0$460,770
80$1,561,105$0$0$486,831
81$1,647,526$0$0$514,890
82$1,740,468$0$0$545,131
83$1,840,524$0$0$577,754
84$1,948,346$0$0$612,982
85$2,064,648$0$0$651,056
86$2,190,217$0$0$692,243
87$2,325,916$0$0$736,837
88$2,472,693$0$0$785,160
89$2,631,592$0$0$837,567
90$2,803,758$0$0$894,447
91$2,990,454$0$0$956,230
92$3,193,066$0$0$1,023,387
93$3,413,117$0$0$1,096,437
94$3,652,286$0$0$1,175,951
95$3,912,418$0$0$1,262,558
96$4,195,543$0$0$1,356,947
97$4,503,894$0$0$1,459,882
98$4,839,930$0$0$1,572,198
99$5,206,356$0$0$1,694,818
100$5,606,148$0$0$1,828,756