Can I retire at age 50 with 404,000?

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 $404,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$33,362$33,065$32,775$32,492$32,216$31,259
2 years$16,516$16,208$15,910$15,621$15,341$14,385
3 years$10,901$10,592$10,295$10,009$9,733$8,808
4 years$8,094$7,786$7,492$7,211$6,942$6,055
5 years$6,411$6,105$5,814$5,538$5,277$4,430
6 years$5,289$4,985$4,699$4,429$4,175$3,370
7 years$4,488$4,186$3,905$3,641$3,396$2,631
8 years$3,887$3,588$3,311$3,055$2,817$2,093
9 years$3,420$3,124$2,852$2,602$2,372$1,688
10 years$3,047$2,754$2,487$2,243$2,021$1,376
11 years$2,742$2,452$2,189$1,952$1,738$1,130
12 years$2,487$2,201$1,943$1,712$1,507$935
13 years$2,273$1,989$1,736$1,512$1,314$777
14 years$2,089$1,808$1,560$1,342$1,152$649
15 years$1,929$1,651$1,408$1,197$1,014$543
16 years$1,790$1,515$1,277$1,071$896$457
17 years$1,667$1,395$1,162$963$795$384
18 years$1,558$1,289$1,060$868$706$324
19 years$1,461$1,195$971$784$630$274
20 years$1,373$1,110$891$710$562$232
21 years$1,294$1,034$820$644$503$196
22 years$1,222$965$755$586$451$167
23 years$1,157$903$697$534$405$141
24 years$1,097$846$645$487$364$120
25 years$1,042$794$597$444$328$102
26 years$991$746$554$406$295$87
27 years$944$702$514$372$266$74
28 years$900$662$478$341$240$63
29 years$860$624$445$313$217$53
30 years$822$590$415$287$196$45
31 years$787$557$386$263$177$39
32 years$754$527$361$242$160$33
33 years$724$499$337$223$145$28
34 years$695$473$315$205$131$24
35 years$667$449$294$189$119$20
36 years$642$426$275$174$108$17
37 years$617$405$258$160$98$15
38 years$595$385$241$147$88$13
39 years$573$366$226$136$80$11
40 years$552$348$212$125$73$9
41 years$533$331$199$116$66$8
42 years$514$315$186$107$60$7
43 years$497$301$175$99$54$6
44 years$480$286$164$91$49$5
45 years$464$273$154$84$45$4
46 years$449$261$145$78$41$4
47 years$434$249$136$72$37$3
48 years$420$237$128$66$34$3
49 years$407$227$120$61$30$2
50 years$394$217$113$57$28$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $404,000, adding $5,791 every year, while hoping to spend $32,901 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: 75/9/16 Blend
49$404,000$404,000$404,000$404,000
50$451,181$429,769$423,507$482,992
51$462,196$415,822$402,689$490,871
52$473,230$400,088$380,069$494,861
53$484,253$382,446$355,555$498,350
54$495,227$362,766$329,047$501,280
55$506,110$340,911$300,440$503,585
56$516,855$316,737$269,626$505,196
57$527,409$290,091$236,492$506,035
58$537,710$260,812$200,921$506,017
59$547,692$228,727$162,787$505,050
60$557,279$193,657$121,963$503,034
61$566,386$155,411$78,313$499,858
62$574,919$113,787$31,698$495,402
63$582,770$68,573$0$489,534
64$589,823$19,543$0$485,190
65$595,945$0$0$485,108
66$600,988$0$0$487,046
67$604,791$0$0$489,884
68$607,170$0$0$491,536
69$607,924$0$0$491,835
70$606,827$0$0$490,594
71$603,631$0$0$487,607
72$598,058$0$0$482,646
73$589,802$0$0$475,455
74$578,522$0$0$465,753
75$563,841$0$0$453,229
76$545,341$0$0$437,537
77$522,560$0$0$418,293
78$494,986$0$0$395,074
79$462,052$0$0$367,412
80$423,130$0$0$334,787
81$377,528$0$0$296,627
82$324,478$0$0$252,296
83$263,133$0$0$201,094
84$192,556$0$0$142,246
85$111,712$0$0$74,896
86$19,456$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