Can I retire at age 50 with 329,000?

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 $329,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$27,169$26,927$26,690$26,460$26,235$26,070
2 years$13,450$13,199$12,957$12,721$12,493$12,326
3 years$8,877$8,626$8,384$8,151$7,926$7,763
4 years$6,592$6,341$6,101$5,872$5,653$5,495
5 years$5,221$4,971$4,735$4,510$4,297$4,145
6 years$4,307$4,059$3,826$3,607$3,400$3,253
7 years$3,654$3,409$3,180$2,965$2,765$2,624
8 years$3,165$2,922$2,697$2,488$2,294$2,159
9 years$2,785$2,544$2,323$2,119$1,932$1,802
10 years$2,481$2,243$2,025$1,827$1,646$1,522
11 years$2,233$1,997$1,783$1,590$1,416$1,297
12 years$2,026$1,792$1,582$1,394$1,227$1,114
13 years$1,851$1,619$1,414$1,231$1,070$962
14 years$1,701$1,472$1,270$1,093$938$835
15 years$1,571$1,345$1,147$975$826$728
16 years$1,458$1,234$1,040$873$730$637
17 years$1,358$1,136$946$784$647$559
18 years$1,269$1,050$864$707$575$492
19 years$1,189$973$791$638$513$434
20 years$1,118$904$726$578$458$383
21 years$1,054$842$667$525$410$339
22 years$995$786$615$477$367$301
23 years$942$735$568$435$330$267
24 years$893$689$525$396$296$237
25 years$848$647$486$362$267$211
26 years$807$608$451$331$240$188
27 years$769$572$419$303$217$168
28 years$733$539$389$278$195$149
29 years$700$508$362$255$177$133
30 years$670$480$338$234$159$119
31 years$641$454$315$215$144$106
32 years$614$429$294$197$130$95
33 years$589$407$274$181$118$85
34 years$566$385$256$167$107$76
35 years$543$366$240$154$97$68
36 years$523$347$224$141$88$61
37 years$503$330$210$130$79$54
38 years$484$313$196$120$72$49
39 years$467$298$184$111$65$44
40 years$450$283$172$102$59$39
41 years$434$270$162$94$54$35
42 years$419$257$152$87$49$31
43 years$405$245$142$80$44$28
44 years$391$233$134$74$40$25
45 years$378$222$125$68$36$23
46 years$366$212$118$63$33$20
47 years$354$203$111$58$30$18
48 years$342$193$104$54$27$16
49 years$332$185$98$50$25$15
50 years$321$176$92$46$23$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $329,000, adding $3,258 every year, while hoping to spend $21,686 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: 56/35/9 Blend
49$329,000$329,000$329,000$329,000
50$365,919$348,482$343,382$385,441
51$380,169$342,483$331,812$392,999
52$395,145$335,465$319,127$398,541
53$410,900$327,352$305,267$404,054
54$427,488$318,069$290,170$409,538
55$444,970$307,533$273,770$414,994
56$463,413$295,658$255,997$420,426
57$482,889$282,352$236,780$425,838
58$503,475$267,519$216,043$431,235
59$525,258$251,056$193,710$436,626
60$548,331$232,855$169,696$442,021
61$572,797$212,801$143,917$447,433
62$598,768$190,774$116,283$452,878
63$626,365$166,644$86,702$458,378
64$655,723$140,278$55,075$463,954
65$686,987$111,532$21,300$469,636
66$720,318$80,256$0$475,458
67$755,892$46,290$0$482,875
68$793,900$9,465$0$492,792
69$834,554$0$0$503,226
70$878,084$0$0$525,957
71$924,744$0$0$554,251
72$974,812$0$0$584,631
73$1,028,593$0$0$617,287
74$1,086,421$0$0$652,423
75$1,148,665$0$0$690,267
76$1,215,727$0$0$731,067
77$1,288,052$0$0$775,096
78$1,366,126$0$0$822,653
79$1,450,484$0$0$874,070
80$1,541,715$0$0$929,707
81$1,640,465$0$0$989,963
82$1,747,444$0$0$1,055,276
83$1,863,434$0$0$1,126,128
84$1,989,294$0$0$1,203,049
85$2,125,970$0$0$1,286,619
86$2,274,500$0$0$1,377,481
87$2,436,028$0$0$1,476,340
88$2,611,812$0$0$1,583,969
89$2,803,236$0$0$1,701,224
90$3,011,824$0$0$1,829,044
91$3,239,251$0$0$1,968,461
92$3,487,363$0$0$2,120,613
93$3,758,190$0$0$2,286,754
94$4,053,967$0$0$2,468,260
95$4,377,156$0$0$2,666,650
96$4,730,465$0$0$2,883,595
97$5,116,877$0$0$3,120,934
98$5,539,676$0$0$3,380,693
99$6,002,478$0$0$3,665,102
100$6,509,266$0$0$3,976,617