Can I retire at age 50 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$35,509$35,193$34,884$34,583$34,289$33,555
2 years$17,579$17,251$16,934$16,626$16,328$15,593
3 years$11,603$11,274$10,957$10,653$10,359$9,645
4 years$8,615$8,288$7,974$7,675$7,388$6,700
5 years$6,823$6,498$6,188$5,895$5,616$4,957
6 years$5,629$5,306$5,001$4,714$4,444$3,814
7 years$4,776$4,456$4,156$3,876$3,614$3,013
8 years$4,137$3,819$3,525$3,251$2,998$2,427
9 years$3,640$3,325$3,036$2,769$2,525$1,982
10 years$3,243$2,931$2,647$2,387$2,151$1,637
11 years$2,918$2,610$2,330$2,078$1,850$1,363
12 years$2,648$2,342$2,068$1,822$1,603$1,143
13 years$2,419$2,117$1,847$1,609$1,398$964
14 years$2,223$1,924$1,660$1,428$1,226$816
15 years$2,053$1,758$1,499$1,274$1,079$694
16 years$1,905$1,613$1,359$1,140$954$592
17 years$1,774$1,485$1,236$1,025$846$506
18 years$1,658$1,372$1,129$923$752$433
19 years$1,555$1,272$1,033$834$670$372
20 years$1,461$1,182$948$756$599$320
21 years$1,377$1,101$872$686$536$275
22 years$1,301$1,028$804$624$480$237
23 years$1,231$961$742$568$431$205
24 years$1,167$900$686$518$387$177
25 years$1,109$845$636$473$349$153
26 years$1,055$794$590$433$314$132
27 years$1,005$747$548$396$283$114
28 years$958$704$509$363$255$99
29 years$915$664$474$333$231$86
30 years$875$627$441$305$208$74
31 years$838$593$411$280$188$64
32 years$803$561$384$258$170$56
33 years$770$532$358$237$154$48
34 years$739$504$335$218$140$42
35 years$710$478$313$201$127$36
36 years$683$454$293$185$115$31
37 years$657$431$274$170$104$27
38 years$633$409$257$157$94$24
39 years$610$389$240$145$85$21
40 years$588$370$225$133$77$18
41 years$567$353$211$123$70$15
42 years$547$336$198$114$64$13
43 years$529$320$186$105$58$12
44 years$511$305$175$97$53$10
45 years$494$291$164$89$48$9
46 years$478$277$154$83$43$8
47 years$462$265$145$76$39$7
48 years$447$253$136$71$36$6
49 years$433$241$128$65$32$5
50 years$420$231$120$60$29$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $430,000, adding $5,596 every year, while hoping to spend $34,407 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: 47/43/10 Blend
49$430,000$430,000$430,000$430,000
50$479,632$456,842$450,177$500,597
51$491,946$442,619$428,649$501,400
52$504,363$426,545$405,247$498,246
53$516,856$408,494$379,872$494,038
54$529,397$388,332$352,419$488,691
55$541,951$365,916$322,781$482,110
56$554,481$341,097$290,844$474,198
57$566,942$313,714$256,492$464,848
58$579,285$283,601$219,599$453,946
59$591,454$250,580$180,037$441,368
60$603,386$214,462$137,673$426,986
61$615,011$175,051$92,365$410,657
62$626,249$132,135$43,966$392,232
63$637,012$85,495$0$371,548
64$647,199$34,896$0$349,253
65$656,700$0$0$329,400
66$665,389$0$0$316,530
67$673,129$0$0$319,654
68$679,763$0$0$322,177
69$685,121$0$0$324,010
70$689,010$0$0$325,053
71$691,217$0$0$325,194
72$691,505$0$0$324,309
73$689,610$0$0$322,262
74$685,240$0$0$318,899
75$678,071$0$0$314,051
76$667,744$0$0$307,532
77$653,859$0$0$299,134
78$635,975$0$0$288,626
79$613,603$0$0$275,754
80$586,201$0$0$260,237
81$553,169$0$0$241,762
82$513,844$0$0$219,984
83$467,492$0$0$194,522
84$413,300$0$0$164,955
85$350,372$0$0$130,815
86$277,716$0$0$91,587
87$194,233$0$0$46,702
88$98,714$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