Can I retire at age 50 with 406,000?

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 $406,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$33,527$33,228$32,937$32,653$32,375$31,389
2 years$16,598$16,288$15,989$15,698$15,417$14,432
3 years$10,955$10,645$10,346$10,058$9,781$8,828
4 years$8,134$7,825$7,529$7,246$6,976$6,062
5 years$6,443$6,135$5,843$5,566$5,303$4,431
6 years$5,315$5,010$4,722$4,451$4,196$3,367
7 years$4,510$4,207$3,924$3,659$3,413$2,626
8 years$3,906$3,606$3,328$3,070$2,831$2,086
9 years$3,437$3,140$2,866$2,615$2,384$1,680
10 years$3,062$2,768$2,499$2,254$2,031$1,368
11 years$2,755$2,464$2,200$1,962$1,747$1,122
12 years$2,500$2,211$1,952$1,721$1,514$927
13 years$2,284$1,998$1,744$1,519$1,320$770
14 years$2,099$1,817$1,567$1,348$1,157$642
15 years$1,939$1,659$1,415$1,203$1,019$537
16 years$1,799$1,523$1,283$1,077$901$450
17 years$1,675$1,402$1,167$967$799$379
18 years$1,566$1,296$1,066$872$710$319
19 years$1,468$1,201$976$788$633$269
20 years$1,380$1,116$895$714$565$227
21 years$1,300$1,039$824$648$506$192
22 years$1,228$970$759$589$453$163
23 years$1,162$907$701$536$407$138
24 years$1,102$850$648$489$366$117
25 years$1,047$798$600$447$329$99
26 years$996$750$557$408$297$84
27 years$949$706$517$374$267$72
28 years$905$665$481$342$241$61
29 years$864$627$447$314$218$52
30 years$826$592$417$288$197$44
31 years$791$560$388$265$178$37
32 years$758$530$362$243$161$32
33 years$727$502$338$224$146$27
34 years$698$476$316$206$132$23
35 years$671$451$296$189$119$19
36 years$645$428$277$175$108$17
37 years$620$407$259$161$98$14
38 years$597$387$242$148$89$12
39 years$576$368$227$137$81$10
40 years$555$350$213$126$73$9
41 years$535$333$200$116$66$7
42 years$517$317$187$107$60$6
43 years$499$302$176$99$55$5
44 years$482$288$165$91$50$5
45 years$466$275$155$84$45$4
46 years$451$262$145$78$41$3
47 years$436$250$137$72$37$3
48 years$423$239$128$67$34$2
49 years$409$228$121$62$31$2
50 years$396$218$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 $406,000, adding $3,523 every year, while hoping to spend $21,986 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: 47/39/14 Blend
49$406,000$406,000$406,000$406,000
50$451,046$429,528$423,235$470,316
51$473,660$427,182$414,020$481,675
52$497,843$423,984$403,760$491,460
53$523,733$419,869$392,396$501,597
54$551,480$414,769$379,868$512,125
55$581,249$408,610$366,111$523,091
56$613,219$401,315$351,058$534,547
57$647,590$392,802$334,642$546,553
58$684,579$382,985$316,787$559,175
59$724,426$371,770$297,419$572,488
60$767,392$359,062$276,458$586,578
61$813,767$344,757$253,820$601,540
62$863,868$328,746$229,419$617,480
63$918,042$310,915$203,164$634,520
64$976,673$291,140$174,961$652,793
65$1,040,181$269,294$144,710$672,451
66$1,109,030$245,240$112,308$693,663
67$1,183,728$218,833$77,647$716,618
68$1,264,835$189,923$40,615$741,528
69$1,352,966$158,347$1,094$768,628
70$1,448,799$123,936$0$798,182
71$1,553,079$86,511$0$836,621
72$1,666,625$45,882$0$878,709
73$1,790,339$1,849$0$924,668
74$1,925,214$0$0$974,925
75$2,072,343$0$0$1,049,611
76$2,232,927$0$0$1,132,036
77$2,408,291$0$0$1,222,093
78$2,599,892$0$0$1,320,535
79$2,809,334$0$0$1,428,193
80$3,038,383$0$0$1,545,980
81$3,288,983$0$0$1,674,903
82$3,563,277$0$0$1,816,070
83$3,863,621$0$0$1,970,701
84$4,192,612$0$0$2,140,140
85$4,553,109$0$0$2,325,868
86$4,948,262$0$0$2,529,514
87$5,381,539$0$0$2,752,873
88$5,856,760$0$0$2,997,924
89$6,378,131$0$0$3,266,844
90$6,950,289$0$0$3,562,033
91$7,578,336$0$0$3,886,133
92$8,267,896$0$0$4,242,055
93$9,025,163$0$0$4,633,008
94$9,856,960$0$0$5,062,522
95$10,770,805$0$0$5,534,491
96$11,774,977$0$0$6,053,201
97$12,878,600$0$0$6,623,378
98$14,091,724$0$0$7,250,223
99$15,425,420$0$0$7,939,472
100$16,891,889$0$0$8,697,441