Can I retire at age 50 with 405,000?

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 $405,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$33,445$33,147$32,856$32,572$32,295$31,760
2 years$16,557$16,248$15,949$15,660$15,379$14,841
3 years$10,928$10,618$10,320$10,033$9,757$9,234
4 years$8,114$7,806$7,511$7,228$6,959$6,454
5 years$6,427$6,120$5,829$5,552$5,290$4,805
6 years$5,302$4,997$4,710$4,440$4,186$3,721
7 years$4,499$4,197$3,914$3,650$3,404$2,960
8 years$3,897$3,597$3,320$3,062$2,824$2,400
9 years$3,429$3,132$2,859$2,608$2,378$1,974
10 years$3,054$2,761$2,493$2,248$2,026$1,642
11 years$2,748$2,458$2,195$1,957$1,743$1,378
12 years$2,494$2,206$1,948$1,716$1,510$1,165
13 years$2,278$1,994$1,740$1,515$1,317$990
14 years$2,094$1,812$1,563$1,345$1,154$845
15 years$1,934$1,655$1,412$1,200$1,016$724
16 years$1,794$1,519$1,280$1,074$898$623
17 years$1,671$1,399$1,165$965$797$537
18 years$1,562$1,292$1,063$870$708$464
19 years$1,464$1,198$973$786$631$402
20 years$1,376$1,113$893$712$564$349
21 years$1,297$1,037$822$646$505$303
22 years$1,225$968$757$587$452$264
23 years$1,159$905$699$535$406$230
24 years$1,099$848$647$488$365$200
25 years$1,044$796$599$446$328$175
26 years$993$748$555$407$296$152
27 years$946$704$516$373$267$133
28 years$903$663$479$342$241$116
29 years$862$626$446$313$217$102
30 years$824$591$416$288$196$89
31 years$789$559$387$264$178$78
32 years$756$529$361$243$161$68
33 years$725$501$338$223$145$60
34 years$696$474$315$205$132$52
35 years$669$450$295$189$119$46
36 years$643$427$276$174$108$40
37 years$619$406$258$160$98$35
38 years$596$386$242$148$89$31
39 years$574$367$227$136$80$27
40 years$554$349$212$126$73$24
41 years$534$332$199$116$66$21
42 years$516$316$187$107$60$18
43 years$498$301$175$99$55$16
44 years$481$287$164$91$49$14
45 years$465$274$154$84$45$12
46 years$450$261$145$78$41$11
47 years$435$249$136$72$37$9
48 years$421$238$128$66$34$8
49 years$408$227$120$61$31$7
50 years$395$217$113$57$28$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $405,000, adding $3,732 every year, while hoping to spend $31,178 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: 61/25/14 Blend
49$405,000$405,000$405,000$405,000
50$450,160$428,695$422,417$475,846
51$462,903$416,527$403,395$481,400
52$475,901$402,719$382,691$483,603
53$489,147$387,156$360,215$485,259
54$502,632$369,719$335,874$486,318
55$516,345$350,281$309,571$486,724
56$530,275$328,707$281,204$486,419
57$544,405$304,856$250,667$485,341
58$558,718$278,577$217,848$483,421
59$573,193$249,713$182,631$480,589
60$587,804$218,095$144,895$476,765
61$602,525$183,546$104,513$471,867
62$617,322$145,879$61,354$465,804
63$632,158$104,897$15,279$458,480
64$646,992$60,391$0$449,790
65$661,775$12,140$0$444,687
66$676,453$0$0$440,751
67$690,964$0$0$446,620
68$705,239$0$0$455,653
69$719,200$0$0$464,458
70$732,758$0$0$472,973
71$745,815$0$0$481,133
72$758,262$0$0$488,863
73$769,973$0$0$496,079
74$780,812$0$0$502,687
75$790,624$0$0$508,584
76$799,237$0$0$513,653
77$806,459$0$0$517,764
78$812,078$0$0$520,774
79$815,855$0$0$522,522
80$817,528$0$0$522,830
81$816,803$0$0$521,501
82$813,354$0$0$518,314
83$806,821$0$0$513,026
84$796,802$0$0$505,367
85$782,853$0$0$495,037
86$764,481$0$0$481,704
87$741,142$0$0$465,001
88$712,231$0$0$444,520
89$677,079$0$0$419,811
90$634,945$0$0$390,375
91$585,012$0$0$355,661
92$526,372$0$0$315,058
93$458,024$0$0$267,891
94$378,861$0$0$213,416
95$287,657$0$0$150,807
96$183,061$0$0$79,155
97$63,576$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0