Can I retire at age 50 with 378,000?

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 $378,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$31,215$30,937$30,666$30,401$30,142$29,582
2 years$15,453$15,165$14,886$14,616$14,353$13,791
3 years$10,200$9,911$9,632$9,364$9,106$8,560
4 years$7,573$7,285$7,010$6,747$6,495$5,968
5 years$5,998$5,712$5,440$5,182$4,937$4,431
6 years$4,948$4,664$4,396$4,144$3,907$3,422
7 years$4,199$3,917$3,653$3,407$3,177$2,715
8 years$3,637$3,358$3,098$2,858$2,636$2,195
9 years$3,200$2,923$2,669$2,434$2,220$1,800
10 years$2,851$2,577$2,327$2,099$1,891$1,493
11 years$2,565$2,294$2,048$1,826$1,627$1,249
12 years$2,327$2,059$1,818$1,602$1,410$1,052
13 years$2,126$1,861$1,624$1,414$1,229$891
14 years$1,954$1,691$1,459$1,255$1,077$758
15 years$1,805$1,545$1,317$1,120$949$648
16 years$1,675$1,418$1,194$1,003$838$555
17 years$1,560$1,305$1,087$901$743$477
18 years$1,458$1,206$992$812$661$411
19 years$1,367$1,118$908$733$589$354
20 years$1,285$1,039$834$664$526$306
21 years$1,211$968$767$603$471$265
22 years$1,143$903$707$548$422$230
23 years$1,082$845$653$499$379$199
24 years$1,026$792$603$455$341$173
25 years$975$743$559$416$306$150
26 years$927$698$518$380$276$131
27 years$883$657$481$348$249$114
28 years$842$619$447$319$225$99
29 years$805$584$416$292$203$86
30 years$769$552$388$268$183$75
31 years$737$521$362$246$166$65
32 years$706$493$337$227$150$57
33 years$677$467$315$208$136$50
34 years$650$443$294$192$123$43
35 years$624$420$275$176$111$38
36 years$600$399$257$162$101$33
37 years$578$379$241$150$91$29
38 years$556$360$226$138$83$25
39 years$536$342$211$127$75$22
40 years$517$326$198$117$68$19
41 years$499$310$186$108$62$17
42 years$481$295$174$100$56$15
43 years$465$281$164$92$51$13
44 years$449$268$154$85$46$11
45 years$434$256$144$79$42$10
46 years$420$244$135$73$38$8
47 years$406$233$127$67$35$7
48 years$393$222$120$62$31$6
49 years$381$212$112$57$29$6
50 years$369$203$106$53$26$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $378,000, adding $6,164 every year, while hoping to spend $21,927 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: 65/18/17 Blend
49$378,000$378,000$378,000$378,000
50$422,914$402,880$397,021$448,246
51$442,721$399,291$386,991$462,393
52$463,814$394,791$375,890$474,761
53$486,300$389,313$363,660$487,746
54$510,297$382,784$350,237$501,407
55$535,936$375,129$335,558$515,813
56$563,358$366,267$319,556$531,038
57$592,719$356,112$302,160$547,164
58$624,189$344,575$283,295$564,285
59$657,956$331,559$262,885$582,503
60$694,226$316,963$240,850$601,932
61$733,223$300,681$217,105$622,698
62$775,197$282,599$191,563$644,942
63$820,418$262,597$164,131$668,821
64$869,185$240,549$134,714$694,508
65$921,826$216,321$103,211$722,194
66$978,703$189,771$69,519$752,094
67$1,040,211$160,749$33,528$784,443
68$1,106,785$129,099$0$819,504
69$1,178,905$94,653$0$858,453
70$1,257,097$57,234$0$907,275
71$1,341,939$16,658$0$960,260
72$1,434,069$0$0$1,017,828
73$1,534,187$0$0$1,085,843
74$1,643,063$0$0$1,163,418
75$1,761,544$0$0$1,247,861
76$1,890,563$0$0$1,339,839
77$2,031,147$0$0$1,440,086
78$2,184,424$0$0$1,549,412
79$2,351,638$0$0$1,668,705
80$2,534,156$0$0$1,798,946
81$2,733,485$0$0$1,941,213
82$2,951,281$0$0$2,096,692
83$3,189,371$0$0$2,266,690
84$3,449,763$0$0$2,452,647
85$3,734,671$0$0$2,656,146
86$4,046,529$0$0$2,878,931
87$4,388,021$0$0$3,122,924
88$4,762,100$0$0$3,390,241
89$5,172,021$0$0$3,683,210
90$5,621,365$0$0$4,004,398
91$6,114,078$0$0$4,356,630
92$6,654,508$0$0$4,743,019
93$7,247,441$0$0$5,166,993
94$7,898,149$0$0$5,632,328
95$8,612,440$0$0$6,143,184
96$9,396,713$0$0$6,704,142
97$10,258,015$0$0$7,320,251
98$11,204,108$0$0$7,997,069
99$12,243,546$0$0$8,740,723
100$13,385,750$0$0$9,557,960