Can I retire at age 50 with 336,000?

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 $336,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$27,747$27,499$27,258$27,023$26,793$25,894
2 years$13,736$13,480$13,232$12,992$12,759$11,862
3 years$9,066$8,809$8,562$8,324$8,095$7,228
4 years$6,732$6,476$6,231$5,997$5,773$4,943
5 years$5,332$5,077$4,836$4,606$4,389$3,598
6 years$4,399$4,146$3,908$3,684$3,473$2,722
7 years$3,732$3,482$3,247$3,029$2,824$2,113
8 years$3,233$2,984$2,754$2,541$2,343$1,671
9 years$2,844$2,599$2,372$2,164$1,973$1,339
10 years$2,534$2,290$2,068$1,865$1,681$1,085
11 years$2,280$2,039$1,821$1,623$1,446$886
12 years$2,069$1,830$1,616$1,424$1,253$728
13 years$1,890$1,654$1,444$1,257$1,093$601
14 years$1,737$1,503$1,297$1,116$958$498
15 years$1,604$1,373$1,171$995$843$414
16 years$1,489$1,260$1,062$891$745$346
17 years$1,386$1,160$966$801$661$289
18 years$1,296$1,072$882$722$588$242
19 years$1,215$994$807$652$524$203
20 years$1,142$923$741$591$468$170
21 years$1,076$860$682$536$419$143
22 years$1,016$803$628$487$375$120
23 years$962$751$580$444$337$101
24 years$912$704$536$405$303$85
25 years$866$660$497$370$272$72
26 years$824$621$461$338$245$61
27 years$785$584$428$309$221$51
28 years$749$550$398$283$200$43
29 years$715$519$370$260$180$37
30 years$684$490$345$239$163$31
31 years$655$464$321$219$147$26
32 years$627$439$300$201$133$22
33 years$602$415$280$185$121$19
34 years$578$394$262$170$109$16
35 years$555$373$245$157$99$13
36 years$534$354$229$144$90$11
37 years$513$337$214$133$81$9
38 years$494$320$201$123$74$8
39 years$476$304$188$113$67$7
40 years$459$289$176$104$61$6
41 years$443$275$165$96$55$5
42 years$428$262$155$89$50$4
43 years$413$250$145$82$45$3
44 years$399$238$136$76$41$3
45 years$386$227$128$70$37$2
46 years$373$217$120$65$34$2
47 years$361$207$113$60$31$2
48 years$350$197$106$55$28$1
49 years$339$189$100$51$25$1
50 years$328$180$94$47$23$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $336,000, adding $3,292 every year, while hoping to spend $25,119 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: 61/30/9 Blend
49$336,000$336,000$336,000$336,000
50$373,668$355,860$350,652$395,520
51$385,055$346,570$335,672$401,267
52$396,763$335,984$319,349$404,354
53$408,796$324,011$301,610$407,094
54$421,161$310,555$282,382$409,455
55$433,862$295,515$261,585$411,400
56$446,907$278,786$239,139$412,892
57$460,299$260,254$214,957$413,892
58$474,043$239,800$188,952$414,356
59$488,142$217,297$161,029$414,239
60$502,601$192,613$131,092$413,492
61$517,422$165,607$99,039$412,063
62$532,606$136,129$64,764$409,897
63$548,155$104,022$28,157$406,935
64$564,069$69,121$0$403,114
65$580,346$31,250$0$399,415
66$596,983$0$0$397,671
67$613,977$0$0$398,339
68$631,322$0$0$409,545
69$649,009$0$0$420,967
70$667,029$0$0$432,598
71$685,370$0$0$444,430
72$704,015$0$0$456,451
73$722,948$0$0$468,648
74$742,147$0$0$481,008
75$761,585$0$0$493,512
76$781,235$0$0$506,140
77$801,060$0$0$518,867
78$821,022$0$0$531,668
79$841,075$0$0$544,511
80$861,167$0$0$557,359
81$881,239$0$0$570,174
82$901,224$0$0$582,909
83$921,045$0$0$595,511
84$940,617$0$0$607,923
85$959,843$0$0$620,079
86$978,613$0$0$631,904
87$996,804$0$0$643,316
88$1,014,280$0$0$654,221
89$1,030,886$0$0$664,515
90$1,046,451$0$0$674,080
91$1,060,780$0$0$682,788
92$1,073,661$0$0$690,493
93$1,084,853$0$0$697,032
94$1,094,089$0$0$702,226
95$1,101,073$0$0$705,873
96$1,105,474$0$0$707,751
97$1,106,925$0$0$707,612
98$1,105,017$0$0$705,181
99$1,099,298$0$0$700,151
100$1,089,265$0$0$692,184