Can I retire at age 50 with 403,000?

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 $403,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$33,279$32,983$32,694$32,411$32,136$31,800
2 years$16,475$16,168$15,871$15,582$15,303$14,965
3 years$10,874$10,566$10,269$9,984$9,709$9,379
4 years$8,074$7,767$7,474$7,193$6,924$6,605
5 years$6,395$6,090$5,800$5,525$5,264$4,956
6 years$5,276$4,973$4,687$4,418$4,165$3,869
7 years$4,476$4,176$3,895$3,632$3,387$3,104
8 years$3,877$3,580$3,303$3,047$2,810$2,539
9 years$3,412$3,117$2,845$2,595$2,366$2,107
10 years$3,039$2,747$2,480$2,237$2,016$1,769
11 years$2,735$2,446$2,184$1,947$1,734$1,498
12 years$2,481$2,195$1,938$1,708$1,503$1,278
13 years$2,267$1,984$1,731$1,508$1,310$1,097
14 years$2,083$1,803$1,556$1,338$1,149$946
15 years$1,924$1,647$1,405$1,194$1,011$819
16 years$1,785$1,511$1,273$1,069$894$712
17 years$1,663$1,392$1,159$960$793$621
18 years$1,554$1,286$1,058$865$705$542
19 years$1,457$1,192$968$782$628$475
20 years$1,370$1,108$889$708$561$416
21 years$1,291$1,032$817$643$502$366
22 years$1,219$963$753$584$450$322
23 years$1,154$901$696$532$404$284
24 years$1,094$844$643$485$363$250
25 years$1,039$792$596$443$327$221
26 years$988$744$553$405$294$195
27 years$942$701$513$371$265$172
28 years$898$660$477$340$239$153
29 years$858$623$444$312$216$135
30 years$820$588$414$286$195$120
31 years$785$556$386$263$177$106
32 years$752$526$360$241$160$94
33 years$722$498$336$222$145$83
34 years$693$472$314$204$131$74
35 years$666$448$293$188$119$65
36 years$640$425$274$173$107$58
37 years$616$404$257$160$97$52
38 years$593$384$241$147$88$46
39 years$571$365$225$136$80$41
40 years$551$347$211$125$73$36
41 years$532$330$198$115$66$32
42 years$513$315$186$107$60$28
43 years$496$300$174$98$54$25
44 years$479$286$164$91$49$22
45 years$463$273$154$84$45$20
46 years$448$260$144$77$41$18
47 years$433$248$136$72$37$16
48 years$419$237$127$66$33$14
49 years$406$226$120$61$30$12
50 years$393$216$113$56$28$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $403,000, adding $3,451 every year, while hoping to spend $32,810 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: 49/43/8 Blend
49$403,000$403,000$403,000$403,000
50$447,666$426,307$420,060$468,493
51$458,418$412,286$399,223$469,088
52$469,167$396,479$376,587$465,972
53$479,879$378,763$352,060$461,820
54$490,513$359,009$325,540$456,546
55$501,025$337,080$296,925$450,054
56$511,364$312,831$266,107$442,243
57$521,474$286,111$232,972$433,004
58$531,290$256,756$197,403$422,220
59$540,742$224,597$159,275$409,766
60$549,748$189,452$118,461$395,506
61$558,219$151,132$74,827$379,295
62$566,054$109,435$28,230$360,975
63$573,142$64,148$0$340,379
64$579,358$15,046$0$319,161
65$584,561$0$0$297,980
66$588,598$0$0$292,260
67$591,296$0$0$292,911
68$592,463$0$0$292,710
69$591,886$0$0$291,541
70$589,327$0$0$289,276
71$584,526$0$0$285,771
72$577,191$0$0$280,870
73$566,997$0$0$274,395
74$553,589$0$0$266,154
75$536,569$0$0$255,931
76$515,498$0$0$243,488
77$489,890$0$0$228,562
78$459,207$0$0$210,861
79$422,853$0$0$190,062
80$380,172$0$0$165,809
81$330,433$0$0$137,708
82$272,833$0$0$105,323
83$206,482$0$0$68,171
84$130,396$0$0$25,722
85$43,489$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
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