Can I retire at age 50 with 412,000?

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 $412,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$34,023$33,720$33,424$33,135$32,853$32,216
2 years$16,843$16,529$16,225$15,930$15,645$15,005
3 years$11,117$10,802$10,499$10,207$9,926$9,304
4 years$8,255$7,941$7,640$7,353$7,079$6,480
5 years$6,538$6,226$5,929$5,648$5,381$4,807
6 years$5,393$5,084$4,792$4,517$4,258$3,708
7 years$4,576$4,269$3,982$3,714$3,463$2,938
8 years$3,964$3,660$3,377$3,115$2,873$2,373
9 years$3,488$3,186$2,909$2,653$2,419$1,944
10 years$3,107$2,809$2,536$2,287$2,061$1,610
11 years$2,796$2,500$2,232$1,991$1,773$1,345
12 years$2,537$2,244$1,981$1,746$1,536$1,132
13 years$2,318$2,028$1,770$1,542$1,340$957
14 years$2,130$1,843$1,590$1,368$1,174$813
15 years$1,967$1,684$1,436$1,220$1,034$694
16 years$1,825$1,545$1,302$1,093$914$594
17 years$1,700$1,423$1,185$982$810$510
18 years$1,589$1,315$1,081$885$720$438
19 years$1,490$1,219$990$799$642$378
20 years$1,400$1,132$909$724$574$326
21 years$1,320$1,055$836$657$513$282
22 years$1,246$985$770$597$460$244
23 years$1,179$921$711$544$413$211
24 years$1,118$863$658$496$371$183
25 years$1,062$810$609$453$334$159
26 years$1,010$761$565$414$301$138
27 years$963$716$525$379$271$120
28 years$918$675$488$348$245$104
29 years$877$637$454$319$221$90
30 years$839$601$423$292$200$79
31 years$803$568$394$269$181$68
32 years$769$538$368$247$163$60
33 years$738$509$343$227$148$52
34 years$708$483$321$209$134$45
35 years$681$458$300$192$121$39
36 years$654$435$281$177$110$34
37 years$630$413$263$163$100$30
38 years$606$392$246$150$90$26
39 years$584$373$230$139$82$23
40 years$563$355$216$128$74$20
41 years$543$338$203$118$67$17
42 years$525$322$190$109$61$15
43 years$507$307$178$101$55$13
44 years$490$292$167$93$50$11
45 years$473$279$157$86$46$10
46 years$458$266$148$79$41$9
47 years$443$254$139$73$38$8
48 years$429$242$130$68$34$7
49 years$415$231$122$62$31$6
50 years$402$221$115$58$28$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $412,000, adding $2,387 every year, while hoping to spend $38,901 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: 38/42/20 Blend
49$412,000$412,000$412,000$412,000
50$456,486$434,650$428,264$471,016
51$461,657$414,558$401,221$461,635
52$466,052$392,177$371,967$447,655
53$469,551$367,354$340,389$431,745
54$472,019$339,929$306,366$413,754
55$473,307$309,728$269,772$393,518
56$473,251$276,571$230,476$370,862
57$471,667$240,268$188,342$345,595
58$468,351$200,615$143,225$317,514
59$463,077$157,399$94,977$286,400
60$455,594$110,394$43,442$252,015
61$445,624$59,363$0$214,105
62$432,859$4,053$0$174,861
63$416,958$0$0$141,574
64$397,544$0$0$130,471
65$374,198$0$0$119,561
66$346,459$0$0$106,775
67$313,813$0$0$91,897
68$275,697$0$0$74,691
69$231,484$0$0$54,892
70$180,482$0$0$32,210
71$121,928$0$0$6,324
72$54,977$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$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