Can I retire at age 50 with 367,000?

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 $367,000?

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$30,307$30,037$29,773$29,516$29,265$28,283
2 years$15,003$14,724$14,453$14,190$13,936$12,956
3 years$9,903$9,622$9,352$9,092$8,841$7,895
4 years$7,353$7,073$6,806$6,550$6,306$5,400
5 years$5,824$5,546$5,282$5,031$4,794$3,930
6 years$4,804$4,528$4,268$4,024$3,793$2,973
7 years$4,077$3,803$3,547$3,308$3,085$2,308
8 years$3,531$3,260$3,008$2,775$2,559$1,825
9 years$3,107$2,838$2,591$2,364$2,155$1,463
10 years$2,768$2,502$2,259$2,037$1,836$1,185
11 years$2,491$2,227$1,989$1,773$1,579$967
12 years$2,260$1,999$1,765$1,555$1,369$795
13 years$2,064$1,807$1,577$1,373$1,193$656
14 years$1,897$1,642$1,417$1,219$1,046$544
15 years$1,752$1,500$1,279$1,087$921$452
16 years$1,626$1,376$1,160$973$814$377
17 years$1,514$1,267$1,055$875$722$315
18 years$1,415$1,171$963$788$642$264
19 years$1,327$1,085$882$712$572$222
20 years$1,247$1,009$809$645$511$186
21 years$1,175$940$744$585$457$156
22 years$1,110$877$686$532$410$132
23 years$1,051$820$634$485$368$111
24 years$996$769$586$442$331$93
25 years$946$721$543$404$298$79
26 years$900$678$503$369$268$66
27 years$857$638$467$338$242$56
28 years$818$601$434$310$218$47
29 years$781$567$404$284$197$40
30 years$747$536$377$261$178$34
31 years$715$506$351$239$161$28
32 years$685$479$328$220$145$24
33 years$657$454$306$202$132$20
34 years$631$430$286$186$119$17
35 years$606$408$267$171$108$14
36 years$583$387$250$158$98$12
37 years$561$368$234$145$89$10
38 years$540$349$219$134$80$9
39 years$520$332$205$124$73$7
40 years$502$316$192$114$66$6
41 years$484$301$180$105$60$5
42 years$467$287$169$97$54$4
43 years$451$273$159$90$49$4
44 years$436$260$149$83$45$3
45 years$422$248$140$76$41$3
46 years$408$237$131$71$37$2
47 years$395$226$123$65$34$2
48 years$382$216$116$60$30$2
49 years$370$206$109$56$28$1
50 years$358$197$103$51$25$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $367,000, adding $4,756 every year, while hoping to spend $20,388 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: 57/15/28 Blend
49$367,000$367,000$367,000$367,000
50$409,340$389,889$384,200$429,284
51$429,400$387,301$375,378$440,916
52$450,823$383,902$365,578$451,053
53$473,726$379,633$354,744$461,685
54$498,238$374,427$342,820$472,867
55$524,500$368,216$329,746$484,659
56$552,668$360,927$315,461$497,129
57$582,911$352,483$299,900$510,354
58$615,415$342,803$282,994$524,418
59$650,386$331,798$264,673$539,415
60$688,048$319,379$244,862$555,450
61$728,649$305,449$223,485$572,642
62$772,458$289,903$200,459$591,122
63$819,776$272,635$175,701$611,034
64$870,928$253,529$149,122$632,541
65$926,275$232,465$120,631$655,824
66$986,213$209,313$90,129$681,083
67$1,051,176$183,939$57,518$708,541
68$1,121,644$156,199$22,692$738,446
69$1,198,141$125,943$0$771,072
70$1,281,247$93,009$0$811,049
71$1,371,597$57,230$0$861,908
72$1,469,893$18,428$0$917,273
73$1,576,905$0$0$977,599
74$1,693,479$0$0$1,047,280
75$1,820,550$0$0$1,126,580
76$1,959,144$0$0$1,213,101
77$2,110,390$0$0$1,307,553
78$2,275,533$0$0$1,410,717
79$2,455,942$0$0$1,523,452
80$2,653,125$0$0$1,646,705
81$2,868,740$0$0$1,781,517
82$3,104,615$0$0$1,929,035
83$3,362,763$0$0$2,090,523
84$3,645,398$0$0$2,267,372
85$3,954,960$0$0$2,461,113
86$4,294,136$0$0$2,673,434
87$4,665,885$0$0$2,906,192
88$5,073,465$0$0$3,161,434
89$5,520,466$0$0$3,441,412
90$6,010,841$0$0$3,748,610
91$6,548,943$0$0$4,085,762
92$7,139,568$0$0$4,455,879
93$7,788,001$0$0$4,862,279
94$8,500,060$0$0$5,308,617
95$9,282,156$0$0$5,798,919
96$10,141,351$0$0$6,337,619
97$11,085,426$0$0$6,929,604
98$12,122,949$0$0$7,580,256
99$13,263,365$0$0$8,295,505
100$14,517,076$0$0$9,081,885