Can I retire at age 50 with 410,000?

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 $410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$33,857$33,556$33,262$32,974$32,694$32,232
2 years$16,761$16,449$16,146$15,853$15,569$15,104
3 years$11,063$10,750$10,448$10,157$9,877$9,425
4 years$8,215$7,902$7,603$7,318$7,045$6,607
5 years$6,506$6,195$5,900$5,621$5,355$4,935
6 years$5,367$5,059$4,768$4,495$4,237$3,834
7 years$4,554$4,248$3,963$3,696$3,446$3,060
8 years$3,945$3,642$3,361$3,100$2,859$2,490
9 years$3,471$3,171$2,894$2,641$2,408$2,056
10 years$3,092$2,795$2,523$2,276$2,051$1,716
11 years$2,782$2,488$2,222$1,981$1,764$1,446
12 years$2,524$2,233$1,972$1,738$1,529$1,226
13 years$2,306$2,018$1,762$1,534$1,333$1,046
14 years$2,120$1,834$1,583$1,362$1,169$897
15 years$1,958$1,676$1,429$1,214$1,029$772
16 years$1,816$1,538$1,296$1,087$909$667
17 years$1,692$1,416$1,179$977$806$577
18 years$1,581$1,308$1,076$880$717$501
19 years$1,482$1,213$985$796$639$436
20 years$1,393$1,127$904$721$571$380
21 years$1,313$1,050$832$654$511$332
22 years$1,240$980$767$595$458$290
23 years$1,174$916$708$542$411$254
24 years$1,113$859$655$494$369$222
25 years$1,057$806$606$451$332$195
26 years$1,006$757$562$412$299$171
27 years$958$713$522$377$270$150
28 years$914$672$485$346$244$132
29 years$873$634$452$317$220$116
30 years$835$598$421$291$199$102
31 years$799$566$392$267$180$89
32 years$766$535$366$246$163$79
33 years$734$507$342$226$147$69
34 years$705$480$319$208$133$61
35 years$677$456$298$191$121$54
36 years$651$432$279$176$109$47
37 years$627$411$261$162$99$42
38 years$603$390$245$150$90$37
39 years$581$371$229$138$81$32
40 years$561$353$215$127$74$28
41 years$541$336$202$117$67$25
42 years$522$320$189$108$61$22
43 years$504$305$177$100$55$19
44 years$487$291$167$92$50$17
45 years$471$277$156$85$45$15
46 years$455$264$147$79$41$13
47 years$441$252$138$73$37$12
48 years$427$241$130$67$34$10
49 years$413$230$122$62$31$9
50 years$400$220$115$57$28$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $410,000, adding $6,423 every year, while hoping to spend $35,346 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: 45/30/25 Blend
49$410,000$410,000$410,000$410,000
50$458,445$436,715$430,360$475,515
51$467,599$420,507$407,170$472,012
52$476,501$402,319$382,017$464,286
53$485,090$382,018$354,800$455,209
54$493,294$359,462$325,411$444,672
55$501,035$334,500$293,737$432,562
56$508,225$306,975$259,661$418,753
57$514,764$276,717$223,060$403,112
58$520,543$243,550$183,806$385,496
59$525,440$207,285$141,766$365,752
60$529,319$167,725$96,798$343,712
61$532,027$124,661$48,758$319,198
62$533,395$77,871$0$292,018
63$533,237$27,123$0$262,633
64$531,344$0$0$244,075
65$527,485$0$0$232,314
66$521,404$0$0$228,376
67$512,815$0$0$223,166
68$501,406$0$0$216,527
69$486,825$0$0$208,285
70$468,686$0$0$198,246
71$446,562$0$0$186,199
72$419,979$0$0$171,906
73$388,412$0$0$155,106
74$351,281$0$0$135,511
75$307,946$0$0$112,803
76$257,696$0$0$86,627
77$199,749$0$0$56,594
78$133,238$0$0$22,273
79$57,205$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$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