Can I retire at age 50 with 415,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $415,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$34,270$33,965$33,667$33,377$33,093$32,774
2 years$16,966$16,650$16,343$16,046$15,758$15,438
3 years$11,198$10,881$10,575$10,281$9,998$9,685
4 years$8,315$7,998$7,696$7,407$7,131$6,827
5 years$6,585$6,271$5,972$5,689$5,420$5,128
6 years$5,433$5,121$4,827$4,550$4,289$4,008
7 years$4,610$4,300$4,011$3,741$3,488$3,219
8 years$3,993$3,686$3,402$3,138$2,894$2,636
9 years$3,513$3,209$2,930$2,673$2,437$2,190
10 years$3,130$2,829$2,554$2,304$2,076$1,841
11 years$2,816$2,518$2,249$2,005$1,786$1,561
12 years$2,555$2,260$1,996$1,759$1,548$1,333
13 years$2,334$2,043$1,783$1,553$1,349$1,146
14 years$2,145$1,857$1,602$1,378$1,183$990
15 years$1,982$1,696$1,446$1,229$1,042$858
16 years$1,839$1,556$1,311$1,101$921$747
17 years$1,712$1,433$1,193$989$816$652
18 years$1,600$1,324$1,089$891$726$570
19 years$1,500$1,227$997$805$647$500
20 years$1,410$1,141$915$729$578$439
21 years$1,329$1,062$842$662$517$387
22 years$1,255$992$776$602$463$341
23 years$1,188$928$716$548$416$301
24 years$1,127$869$663$500$374$265
25 years$1,070$816$614$457$336$235
26 years$1,018$767$569$417$303$208
27 years$970$721$528$382$273$184
28 years$925$680$491$350$247$163
29 years$883$641$457$321$223$144
30 years$845$606$426$295$201$128
31 years$809$572$397$271$182$114
32 years$775$542$370$249$165$101
33 years$743$513$346$229$149$90
34 years$713$486$323$210$135$80
35 years$685$461$302$194$122$71
36 years$659$438$283$178$111$63
37 years$634$416$265$164$100$56
38 years$611$395$248$151$91$50
39 years$588$376$232$140$82$44
40 years$567$357$218$129$75$39
41 years$547$340$204$119$68$35
42 years$528$324$191$110$62$31
43 years$510$309$180$101$56$28
44 years$493$294$169$94$51$25
45 years$477$281$158$86$46$22
46 years$461$268$149$80$42$20
47 years$446$255$140$74$38$17
48 years$432$244$131$68$34$15
49 years$418$233$123$63$31$14
50 years$405$222$116$58$28$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $415,000, adding $4,817 every year, while hoping to spend $28,748 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: 45/28/27 Blend
49$415,000$415,000$415,000$415,000
50$462,299$440,304$433,871$479,308
51$478,866$431,291$417,818$482,839
52$496,159$420,873$400,264$483,522
53$514,222$408,951$381,128$483,706
54$533,102$395,419$360,325$483,360
55$552,851$380,167$337,769$482,452
56$573,523$363,077$313,366$480,949
57$595,179$344,024$287,020$478,817
58$617,883$322,877$258,631$476,023
59$641,706$299,497$228,094$472,531
60$666,724$273,736$195,299$468,304
61$693,020$245,439$160,131$463,307
62$720,685$214,442$122,472$457,503
63$749,816$180,571$82,196$450,854
64$780,520$143,642$39,173$443,325
65$812,914$103,462$0$434,876
66$847,125$59,825$0$427,414
67$883,291$12,516$0$431,131
68$921,564$0$0$434,736
69$962,108$0$0$450,162
70$1,005,104$0$0$470,635
71$1,050,748$0$0$492,395
72$1,099,257$0$0$515,547
73$1,150,865$0$0$540,208
74$1,205,831$0$0$566,505
75$1,264,437$0$0$594,576
76$1,326,993$0$0$624,575
77$1,393,838$0$0$656,669
78$1,465,343$0$0$691,040
79$1,541,915$0$0$727,890
80$1,624,001$0$0$767,439
81$1,712,092$0$0$809,930
82$1,806,725$0$0$855,627
83$1,908,490$0$0$904,822
84$2,018,037$0$0$957,835
85$2,136,075$0$0$1,015,019
86$2,263,388$0$0$1,076,759
87$2,400,834$0$0$1,143,481
88$2,549,357$0$0$1,215,650
89$2,709,993$0$0$1,293,779
90$2,883,884$0$0$1,378,433
91$3,072,281$0$0$1,470,231
92$3,276,564$0$0$1,569,856
93$3,498,247$0$0$1,678,056
94$3,738,998$0$0$1,795,658
95$4,000,648$0$0$1,923,567
96$4,285,216$0$0$2,062,783
97$4,594,919$0$0$2,214,404
98$4,932,200$0$0$2,379,638
99$5,299,743$0$0$2,559,817
100$5,700,507$0$0$2,756,403