Can I retire at age 50 with 419,000?

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 $419,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$34,601$34,292$33,992$33,698$33,412$32,459
2 years$17,129$16,810$16,501$16,201$15,910$14,958
3 years$11,306$10,986$10,677$10,380$10,094$9,172
4 years$8,395$8,076$7,770$7,478$7,199$6,314
5 years$6,649$6,331$6,030$5,744$5,473$4,628
6 years$5,485$5,170$4,873$4,594$4,330$3,526
7 years$4,654$4,342$4,050$3,777$3,522$2,757
8 years$4,031$3,722$3,434$3,168$2,922$2,197
9 years$3,547$3,240$2,958$2,699$2,460$1,775
10 years$3,160$2,856$2,579$2,326$2,096$1,450
11 years$2,843$2,543$2,270$2,024$1,803$1,193
12 years$2,580$2,282$2,015$1,776$1,562$989
13 years$2,357$2,062$1,800$1,568$1,362$824
14 years$2,166$1,875$1,617$1,392$1,194$689
15 years$2,001$1,713$1,460$1,241$1,052$578
16 years$1,856$1,571$1,324$1,111$929$487
17 years$1,729$1,447$1,205$998$824$411
18 years$1,616$1,337$1,100$900$733$348
19 years$1,515$1,239$1,007$813$653$294
20 years$1,424$1,152$924$736$583$250
21 years$1,342$1,073$850$668$522$212
22 years$1,267$1,001$783$608$468$180
23 years$1,200$936$723$553$420$153
24 years$1,137$877$669$505$378$130
25 years$1,080$823$620$461$340$111
26 years$1,028$774$575$421$306$95
27 years$979$728$534$386$276$81
28 years$934$686$496$353$249$69
29 years$892$647$462$324$225$59
30 years$853$611$430$297$203$50
31 years$816$578$401$273$184$43
32 years$782$547$374$251$166$37
33 years$750$518$349$231$150$31
34 years$720$491$326$212$136$27
35 years$692$466$305$196$123$23
36 years$665$442$285$180$112$19
37 years$640$420$267$166$101$17
38 years$617$399$250$153$92$14
39 years$594$379$234$141$83$12
40 years$573$361$220$130$75$10
41 years$553$344$206$120$68$9
42 years$533$327$193$111$62$8
43 years$515$312$181$102$56$6
44 years$498$297$170$94$51$6
45 years$481$283$160$87$46$5
46 years$465$270$150$81$42$4
47 years$450$258$141$74$38$3
48 years$436$246$132$69$35$3
49 years$422$235$125$64$32$3
50 years$409$225$117$59$29$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $419,000, adding $5,838 every year, while hoping to spend $23,548 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: 51/20/29 Blend
49$419,000$419,000$419,000$419,000
50$467,760$445,553$439,058$487,529
51$490,417$442,330$428,712$498,708
52$514,595$438,160$417,230$508,037
53$540,425$432,972$404,549$517,724
54$568,051$426,689$390,603$527,812
55$597,628$419,233$375,324$538,353
56$629,328$410,518$358,640$549,404
57$663,341$400,454$340,475$561,030
58$699,871$388,947$320,751$573,304
59$739,148$375,894$299,386$586,306
60$781,419$361,191$276,293$600,130
61$826,959$344,724$251,384$614,878
62$876,067$326,374$224,564$630,667
63$929,074$306,015$195,735$647,625
64$986,343$283,513$164,796$665,900
65$1,048,272$258,728$131,639$685,652
66$1,115,300$231,509$96,152$707,064
67$1,187,907$201,700$58,221$730,338
68$1,266,625$169,134$17,722$755,701
69$1,352,034$133,636$0$783,405
70$1,444,776$95,018$0$821,622
71$1,545,555$53,086$0$869,140
72$1,655,146$7,631$0$920,861
73$1,774,401$0$0$977,218
74$1,904,259$0$0$1,047,837
75$2,045,751$0$0$1,126,653
76$2,200,015$0$0$1,212,625
77$2,368,300$0$0$1,306,454
78$2,551,982$0$0$1,408,913
79$2,752,576$0$0$1,520,852
80$2,971,751$0$0$1,643,209
81$3,211,340$0$0$1,777,013
82$3,473,367$0$0$1,923,401
83$3,760,057$0$0$2,083,622
84$4,073,860$0$0$2,259,053
85$4,417,474$0$0$2,451,209
86$4,793,871$0$0$2,661,760
87$5,206,324$0$0$2,892,543
88$5,658,437$0$0$3,145,584
89$6,154,179$0$0$3,423,112
90$6,697,922$0$0$3,727,583
91$7,294,482$0$0$4,061,703
92$7,949,161$0$0$4,428,451
93$8,667,803$0$0$4,831,109
94$9,456,844$0$0$5,273,294
95$10,323,371$0$0$5,758,988
96$11,275,195$0$0$6,292,579
97$12,320,919$0$0$6,878,901
98$13,470,019$0$0$7,523,279
99$14,732,938$0$0$8,231,579
100$16,121,176$0$0$9,010,266