Can I retire at age 50 with 418,000?

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 $418,000?

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$34,518$34,211$33,911$33,618$33,332$32,861
2 years$17,088$16,770$16,461$16,162$15,872$15,399
3 years$11,279$10,959$10,652$10,355$10,070$9,609
4 years$8,375$8,056$7,752$7,460$7,182$6,736
5 years$6,633$6,316$6,016$5,730$5,460$5,031
6 years$5,472$5,158$4,862$4,583$4,320$3,909
7 years$4,643$4,331$4,040$3,768$3,513$3,120
8 years$4,022$3,713$3,426$3,161$2,915$2,538
9 years$3,539$3,233$2,951$2,692$2,455$2,096
10 years$3,152$2,849$2,573$2,321$2,091$1,750
11 years$2,837$2,537$2,265$2,020$1,799$1,474
12 years$2,574$2,277$2,010$1,771$1,559$1,250
13 years$2,351$2,058$1,796$1,564$1,359$1,067
14 years$2,161$1,870$1,614$1,388$1,191$914
15 years$1,996$1,709$1,457$1,238$1,049$787
16 years$1,852$1,568$1,321$1,109$927$680
17 years$1,725$1,444$1,202$996$822$589
18 years$1,612$1,334$1,097$898$731$511
19 years$1,511$1,236$1,004$811$652$445
20 years$1,421$1,149$922$735$582$387
21 years$1,339$1,070$848$667$521$338
22 years$1,264$999$781$606$467$295
23 years$1,197$934$722$552$419$258
24 years$1,135$875$667$504$377$226
25 years$1,078$821$618$460$339$198
26 years$1,025$772$573$420$305$174
27 years$977$727$532$385$275$153
28 years$932$685$495$353$248$134
29 years$890$646$460$323$224$118
30 years$851$610$429$297$203$104
31 years$814$577$400$273$183$91
32 years$780$546$373$250$166$80
33 years$749$517$348$230$150$71
34 years$719$490$325$212$136$62
35 years$690$464$304$195$123$55
36 years$664$441$285$180$111$48
37 years$639$419$266$166$101$42
38 years$615$398$250$153$92$37
39 years$593$378$234$141$83$33
40 years$571$360$219$130$75$29
41 years$551$343$205$120$68$26
42 years$532$326$193$110$62$23
43 years$514$311$181$102$56$20
44 years$497$296$170$94$51$17
45 years$480$283$159$87$46$15
46 years$464$270$150$80$42$14
47 years$449$257$141$74$38$12
48 years$435$246$132$69$35$11
49 years$421$235$124$63$32$9
50 years$408$224$117$59$29$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $418,000, adding $5,646 every year, while hoping to spend $32,073 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: 52/19/29 Blend
49$418,000$418,000$418,000$418,000
50$466,460$444,306$437,827$486,658
51$479,913$431,951$418,369$488,952
52$493,664$417,917$397,184$487,763
53$507,709$402,085$374,180$485,841
54$522,042$384,335$349,262$483,131
55$536,658$364,534$322,330$479,573
56$551,547$342,547$293,278$475,103
57$566,700$318,227$261,998$469,655
58$582,104$291,420$228,375$463,155
59$597,743$261,965$192,291$455,527
60$613,600$229,688$153,619$446,689
61$629,653$194,409$112,232$436,555
62$645,878$155,935$67,992$425,030
63$662,246$114,064$20,758$412,017
64$678,723$68,581$0$397,408
65$695,273$19,262$0$390,266
66$711,851$0$0$388,745
67$728,408$0$0$393,475
68$744,889$0$0$402,166
69$761,230$0$0$410,752
70$777,358$0$0$419,192
71$793,194$0$0$427,440
72$808,647$0$0$435,441
73$823,614$0$0$443,137
74$837,980$0$0$450,462
75$851,619$0$0$457,341
76$864,386$0$0$463,690
77$876,120$0$0$469,418
78$886,645$0$0$474,421
79$895,759$0$0$478,584
80$903,241$0$0$481,777
81$908,844$0$0$483,860
82$912,292$0$0$484,672
83$913,281$0$0$484,039
84$911,471$0$0$481,763
85$906,485$0$0$477,629
86$897,905$0$0$471,395
87$885,267$0$0$462,793
88$868,056$0$0$451,529
89$845,704$0$0$437,275
90$817,578$0$0$419,666
91$782,980$0$0$398,302
92$741,137$0$0$372,737
93$691,192$0$0$342,480
94$632,198$0$0$306,985
95$563,107$0$0$265,652
96$482,762$0$0$217,814
97$389,881$0$0$162,737
98$283,050$0$0$99,607
99$160,704$0$0$27,526
100$21,115$0$0$0