Can I retire at age 50 with 411,000?

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 $411,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$33,940$33,638$33,343$33,055$32,774$31,548
2 years$16,802$16,489$16,186$15,892$15,607$14,386
3 years$11,090$10,776$10,473$10,182$9,901$8,724
4 years$8,235$7,921$7,622$7,336$7,062$5,937
5 years$6,522$6,210$5,915$5,634$5,368$4,298
6 years$5,380$5,071$4,780$4,506$4,248$3,234
7 years$4,565$4,259$3,972$3,705$3,455$2,496
8 years$3,954$3,651$3,369$3,108$2,866$1,962
9 years$3,479$3,179$2,902$2,647$2,413$1,563
10 years$3,100$2,802$2,530$2,282$2,056$1,258
11 years$2,789$2,494$2,227$1,986$1,769$1,020
12 years$2,531$2,239$1,976$1,742$1,533$833
13 years$2,312$2,023$1,766$1,538$1,336$683
14 years$2,125$1,839$1,587$1,365$1,172$562
15 years$1,963$1,680$1,432$1,217$1,032$464
16 years$1,821$1,541$1,299$1,090$912$384
17 years$1,696$1,419$1,182$979$808$319
18 years$1,585$1,312$1,079$883$719$265
19 years$1,486$1,216$988$798$641$221
20 years$1,397$1,130$906$722$572$184
21 years$1,316$1,052$834$656$512$153
22 years$1,243$982$768$596$459$128
23 years$1,177$919$709$543$412$107
24 years$1,116$861$656$495$370$89
25 years$1,060$808$608$452$333$75
26 years$1,008$759$564$413$300$63
27 years$960$714$523$378$271$52
28 years$916$673$487$347$244$44
29 years$875$635$453$318$221$37
30 years$837$600$422$292$199$31
31 years$801$567$393$268$180$26
32 years$767$536$367$246$163$22
33 years$736$508$343$226$147$18
34 years$707$482$320$208$134$15
35 years$679$457$299$192$121$13
36 years$653$433$280$177$110$11
37 years$628$412$262$163$99$9
38 years$605$391$245$150$90$7
39 years$583$372$230$138$82$6
40 years$562$354$215$128$74$5
41 years$542$337$202$118$67$4
42 years$523$321$190$109$61$4
43 years$505$306$178$100$55$3
44 years$488$291$167$93$50$3
45 years$472$278$157$86$46$2
46 years$457$265$147$79$41$2
47 years$442$253$138$73$38$2
48 years$428$242$130$67$34$1
49 years$414$231$122$62$31$1
50 years$401$220$115$58$28$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $411,000, adding $2,299 every year, while hoping to spend $21,300 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: 55/32/13 Blend
49$411,000$411,000$411,000$411,000
50$455,293$433,510$427,140$478,682
51$479,070$432,089$418,786$493,400
52$504,559$429,885$409,438$506,907
53$531,910$426,836$399,041$521,120
54$561,292$422,878$387,536$536,112
55$592,888$417,943$374,863$551,962
56$626,898$411,957$360,956$568,760
57$663,543$404,845$345,750$586,603
58$703,066$396,524$329,174$605,604
59$745,734$386,909$311,157$625,884
60$791,839$375,908$291,620$647,580
61$841,703$363,423$270,486$670,844
62$895,680$349,354$247,670$695,845
63$954,158$333,591$223,086$722,771
64$1,017,565$316,020$196,642$751,830
65$1,086,371$296,520$168,244$783,253
66$1,161,093$274,962$137,793$817,298
67$1,242,300$251,210$105,185$854,251
68$1,330,618$225,123$70,312$894,427
69$1,426,735$196,548$33,061$938,178
70$1,531,408$165,325$0$985,895
71$1,645,471$131,285$0$1,038,936
72$1,769,841$94,249$0$1,101,807
73$1,905,527$54,030$0$1,170,466
74$2,053,641$10,428$0$1,245,519
75$2,215,405$0$0$1,327,637
76$2,392,167$0$0$1,430,509
77$2,585,409$0$0$1,547,022
78$2,796,762$0$0$1,674,493
79$3,028,024$0$0$1,814,011
80$3,281,173$0$0$1,966,775
81$3,558,389$0$0$2,134,104
82$3,862,070$0$0$2,317,453
83$4,194,860$0$0$2,518,421
84$4,559,669$0$0$2,738,773
85$4,959,702$0$0$2,980,451
86$5,398,488$0$0$3,245,592
87$5,879,918$0$0$3,536,554
88$6,408,272$0$0$3,855,931
89$6,988,270$0$0$4,206,581
90$7,625,108$0$0$4,591,655
91$8,324,510$0$0$5,014,620
92$9,092,783$0$0$5,479,298
93$9,936,874$0$0$5,989,899
94$10,864,436$0$0$6,551,059
95$11,883,900$0$0$7,167,890
96$13,004,555$0$0$7,846,018
97$14,236,635$0$0$8,591,646
98$15,591,413$0$0$9,411,606
99$17,081,313$0$0$10,313,426
100$18,720,018$0$0$11,305,400