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%20%
1 years$34,023$33,720$33,424$33,135$32,853$31,538
2 years$16,843$16,529$16,225$15,930$15,645$14,335
3 years$11,117$10,802$10,499$10,207$9,926$8,664
4 years$8,255$7,941$7,640$7,353$7,079$5,875
5 years$6,538$6,226$5,929$5,648$5,381$4,238
6 years$5,393$5,084$4,792$4,517$4,258$3,176
7 years$4,576$4,269$3,982$3,714$3,463$2,442
8 years$3,964$3,660$3,377$3,115$2,873$1,911
9 years$3,488$3,186$2,909$2,653$2,419$1,516
10 years$3,107$2,809$2,536$2,287$2,061$1,215
11 years$2,796$2,500$2,232$1,991$1,773$981
12 years$2,537$2,244$1,981$1,746$1,536$797
13 years$2,318$2,028$1,770$1,542$1,340$650
14 years$2,130$1,843$1,590$1,368$1,174$533
15 years$1,967$1,684$1,436$1,220$1,034$438
16 years$1,825$1,545$1,302$1,093$914$361
17 years$1,700$1,423$1,185$982$810$298
18 years$1,589$1,315$1,081$885$720$246
19 years$1,490$1,219$990$799$642$204
20 years$1,400$1,132$909$724$574$169
21 years$1,320$1,055$836$657$513$140
22 years$1,246$985$770$597$460$116
23 years$1,179$921$711$544$413$97
24 years$1,118$863$658$496$371$80
25 years$1,062$810$609$453$334$67
26 years$1,010$761$565$414$301$56
27 years$963$716$525$379$271$46
28 years$918$675$488$348$245$38
29 years$877$637$454$319$221$32
30 years$839$601$423$292$200$27
31 years$803$568$394$269$181$22
32 years$769$538$368$247$163$19
33 years$738$509$343$227$148$15
34 years$708$483$321$209$134$13
35 years$681$458$300$192$121$11
36 years$654$435$281$177$110$9
37 years$630$413$263$163$100$7
38 years$606$392$246$150$90$6
39 years$584$373$230$139$82$5
40 years$563$355$216$128$74$4
41 years$543$338$203$118$67$4
42 years$525$322$190$109$61$3
43 years$507$307$178$101$55$2
44 years$490$292$167$93$50$2
45 years$473$279$157$86$46$2
46 years$458$266$148$79$41$1
47 years$443$254$139$73$38$1
48 years$429$242$130$68$34$1
49 years$415$231$122$62$31$1
50 years$402$221$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 $412,000, adding $6,040 every year, while hoping to spend $20,679 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: 76/14/10 Blend
49$412,000$412,000$412,000$412,000
50$460,254$438,418$432,032$493,962
51$485,198$437,898$424,503$516,475
52$511,993$436,660$416,029$537,920
53$540,806$434,646$406,555$560,839
54$571,820$431,796$396,027$585,372
55$605,237$428,046$384,386$611,673
56$641,279$423,327$371,570$639,909
57$680,187$417,568$357,515$670,268
58$722,229$410,692$342,155$702,955
59$767,698$402,617$325,419$738,197
60$816,917$393,259$307,234$776,242
61$870,239$382,526$287,523$817,368
62$928,056$370,322$266,207$861,879
63$990,795$356,545$243,203$910,109
64$1,058,928$341,088$218,422$962,428
65$1,132,973$323,835$191,774$1,019,246
66$1,213,501$304,668$163,163$1,081,012
67$1,301,139$283,458$132,490$1,148,222
68$1,396,578$260,070$99,651$1,221,425
69$1,500,578$234,362$64,537$1,301,226
70$1,613,974$206,183$27,037$1,388,289
71$1,737,687$175,373$0$1,483,352
72$1,872,730$141,766$0$1,588,610
73$2,020,218$105,182$0$1,706,740
74$2,181,379$65,435$0$1,835,857
75$2,357,564$22,325$0$1,977,062
76$2,550,261$0$0$2,131,571
77$2,761,108$0$0$2,304,476
78$2,991,909$0$0$2,497,524
79$3,244,650$0$0$2,708,940
80$3,521,520$0$0$2,940,555
81$3,824,926$0$0$3,194,388
82$4,157,523$0$0$3,472,658
83$4,522,232$0$0$3,777,815
84$4,922,271$0$0$4,112,552
85$5,361,185$0$0$4,479,838
86$5,842,880$0$0$4,882,944
87$6,371,655$0$0$5,325,470
88$6,952,248$0$0$5,811,385
89$7,589,879$0$0$6,345,058
90$8,290,295$0$0$6,931,305
91$9,059,831$0$0$7,575,429
92$9,905,464$0$0$8,283,274
93$10,834,879$0$0$9,061,276
94$11,856,544$0$0$9,916,527
95$12,979,790$0$0$10,856,840
96$14,214,893$0$0$11,890,824
97$15,573,179$0$0$13,027,961
98$17,067,124$0$0$14,278,700
99$18,710,474$0$0$15,654,555
100$20,518,374$0$0$17,168,208