Can I retire at age 50 with 376,000?

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 $376,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$31,050$30,773$30,503$30,240$29,983$29,199
2 years$15,371$15,085$14,807$14,538$14,278$13,493
3 years$10,146$9,858$9,581$9,315$9,058$8,298
4 years$7,533$7,247$6,973$6,711$6,460$5,730
5 years$5,966$5,682$5,411$5,155$4,911$4,212
6 years$4,922$4,639$4,373$4,122$3,886$3,220
7 years$4,177$3,896$3,634$3,389$3,160$2,527
8 years$3,618$3,340$3,082$2,843$2,622$2,021
9 years$3,183$2,908$2,654$2,422$2,208$1,638
10 years$2,836$2,563$2,314$2,087$1,881$1,343
11 years$2,552$2,282$2,037$1,817$1,618$1,110
12 years$2,315$2,048$1,808$1,593$1,402$923
13 years$2,115$1,851$1,615$1,407$1,223$772
14 years$1,944$1,682$1,451$1,249$1,072$649
15 years$1,795$1,537$1,311$1,114$944$547
16 years$1,666$1,410$1,188$997$834$462
17 years$1,552$1,299$1,081$896$739$392
18 years$1,450$1,200$987$807$658$333
19 years$1,359$1,112$904$730$586$283
20 years$1,278$1,033$829$661$523$241
21 years$1,204$963$763$600$468$206
22 years$1,137$899$703$545$420$176
23 years$1,076$840$649$497$377$150
24 years$1,021$787$600$453$339$128
25 years$969$739$556$414$305$110
26 years$922$694$516$378$275$94
27 years$878$654$479$346$248$81
28 years$838$616$445$317$223$69
29 years$800$581$414$291$202$59
30 years$765$549$386$267$182$51
31 years$733$519$360$245$165$44
32 years$702$491$336$225$149$37
33 years$673$465$313$207$135$32
34 years$646$441$293$191$122$28
35 years$621$418$274$175$111$24
36 years$597$397$256$162$100$20
37 years$575$377$240$149$91$17
38 years$553$358$224$137$82$15
39 years$533$340$210$127$75$13
40 years$514$324$197$117$68$11
41 years$496$308$185$108$61$9
42 years$479$294$173$99$56$8
43 years$462$280$163$92$51$7
44 years$447$267$153$85$46$6
45 years$432$254$143$78$42$5
46 years$418$243$135$72$38$4
47 years$404$231$127$67$34$4
48 years$391$221$119$62$31$3
49 years$379$211$112$57$28$3
50 years$367$202$105$53$26$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $376,000, adding $5,966 every year, while hoping to spend $30,175 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: 62/14/24 Blend
49$376,000$376,000$376,000$376,000
50$420,506$400,578$394,750$443,568
51$431,292$388,100$375,868$447,411
52$442,166$374,000$355,342$447,758
53$453,106$358,165$333,086$447,469
54$464,087$340,479$309,008$446,485
55$475,077$320,816$283,013$444,745
56$486,044$299,044$255,002$442,182
57$496,948$275,025$224,873$438,724
58$507,746$248,611$192,515$434,292
59$518,389$219,646$157,817$428,801
60$528,821$187,965$120,661$422,161
61$538,980$153,395$80,923$414,274
62$548,797$115,752$38,474$405,031
63$558,193$74,842$0$394,319
64$567,079$30,460$0$383,761
65$575,358$0$0$382,101
66$582,921$0$0$382,081
67$589,645$0$0$386,165
68$595,393$0$0$389,566
69$600,014$0$0$392,181
70$603,339$0$0$393,893
71$605,180$0$0$394,573
72$605,329$0$0$394,079
73$603,553$0$0$392,251
74$599,594$0$0$388,912
75$593,168$0$0$383,868
76$583,958$0$0$376,901
77$571,612$0$0$367,770
78$555,742$0$0$356,210
79$535,917$0$0$341,924
80$511,659$0$0$324,587
81$482,441$0$0$303,837
82$447,679$0$0$279,273
83$406,725$0$0$250,454
84$358,866$0$0$216,891
85$303,311$0$0$178,042
86$239,187$0$0$133,310
87$165,527$0$0$82,034
88$81,265$0$0$23,485
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0