Can I retire at age 50 with 430,000?

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 $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%14.4%
1 years$35,509$35,193$34,884$34,583$34,289$33,665
2 years$17,579$17,251$16,934$16,626$16,328$15,702
3 years$11,603$11,274$10,957$10,653$10,359$9,750
4 years$8,615$8,288$7,974$7,675$7,388$6,801
5 years$6,823$6,498$6,188$5,895$5,616$5,053
6 years$5,629$5,306$5,001$4,714$4,444$3,905
7 years$4,776$4,456$4,156$3,876$3,614$3,099
8 years$4,137$3,819$3,525$3,251$2,998$2,507
9 years$3,640$3,325$3,036$2,769$2,525$2,058
10 years$3,243$2,931$2,647$2,387$2,151$1,707
11 years$2,918$2,610$2,330$2,078$1,850$1,429
12 years$2,648$2,342$2,068$1,822$1,603$1,205
13 years$2,419$2,117$1,847$1,609$1,398$1,021
14 years$2,223$1,924$1,660$1,428$1,226$869
15 years$2,053$1,758$1,499$1,274$1,079$743
16 years$1,905$1,613$1,359$1,140$954$637
17 years$1,774$1,485$1,236$1,025$846$548
18 years$1,658$1,372$1,129$923$752$472
19 years$1,555$1,272$1,033$834$670$408
20 years$1,461$1,182$948$756$599$353
21 years$1,377$1,101$872$686$536$306
22 years$1,301$1,028$804$624$480$265
23 years$1,231$961$742$568$431$230
24 years$1,167$900$686$518$387$200
25 years$1,109$845$636$473$349$174
26 years$1,055$794$590$433$314$151
27 years$1,005$747$548$396$283$132
28 years$958$704$509$363$255$115
29 years$915$664$474$333$231$100
30 years$875$627$441$305$208$87
31 years$838$593$411$280$188$76
32 years$803$561$384$258$170$66
33 years$770$532$358$237$154$58
34 years$739$504$335$218$140$51
35 years$710$478$313$201$127$44
36 years$683$454$293$185$115$39
37 years$657$431$274$170$104$34
38 years$633$409$257$157$94$29
39 years$610$389$240$145$85$26
40 years$588$370$225$133$77$22
41 years$567$353$211$123$70$20
42 years$547$336$198$114$64$17
43 years$529$320$186$105$58$15
44 years$511$305$175$97$53$13
45 years$494$291$164$89$48$11
46 years$478$277$154$83$43$10
47 years$462$265$145$76$39$9
48 years$447$253$136$71$36$8
49 years$433$241$128$65$32$7
50 years$420$231$120$60$29$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $430,000, adding $4,870 every year, while hoping to spend $30,100 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: 55/39/6 Blend
49$430,000$430,000$430,000$430,000
50$478,883$456,093$449,428$504,325
51$495,703$446,416$432,458$512,369
52$513,230$435,255$413,910$517,354
53$531,504$422,507$393,701$522,041
54$550,568$408,061$371,741$526,407
55$570,470$391,800$347,938$530,427
56$591,260$373,600$322,196$534,073
57$612,992$353,330$294,413$537,321
58$635,726$330,852$264,484$540,142
59$659,525$306,018$232,300$542,508
60$684,459$278,676$197,744$544,391
61$710,602$248,659$160,697$545,762
62$738,037$215,797$121,033$546,592
63$766,850$179,904$78,622$546,852
64$797,139$140,790$33,326$546,512
65$829,008$98,249$0$545,544
66$862,570$52,067$0$544,880
67$897,949$2,015$0$545,871
68$935,279$0$0$546,364
69$974,708$0$0$568,724
70$1,016,396$0$0$593,297
71$1,060,518$0$0$619,323
72$1,107,263$0$0$646,916
73$1,156,842$0$0$676,204
74$1,209,483$0$0$707,323
75$1,265,433$0$0$740,424
76$1,324,967$0$0$775,671
77$1,388,383$0$0$813,244
78$1,456,008$0$0$853,342
79$1,528,200$0$0$896,179
80$1,605,351$0$0$941,994
81$1,687,892$0$0$991,045
82$1,776,295$0$0$1,043,618
83$1,871,075$0$0$1,100,025
84$1,972,802$0$0$1,160,610
85$2,082,098$0$0$1,225,748
86$2,199,645$0$0$1,295,853
87$2,326,196$0$0$1,371,379
88$2,462,574$0$0$1,452,824
89$2,609,684$0$0$1,540,735
90$2,768,521$0$0$1,635,715
91$2,940,178$0$0$1,738,424
92$3,125,855$0$0$1,849,590
93$3,326,874$0$0$1,970,010
94$3,544,686$0$0$2,100,564
95$3,780,886$0$0$2,242,217
96$4,037,230$0$0$2,396,031
97$4,315,648$0$0$2,563,176
98$4,618,263$0$0$2,744,936
99$4,947,411$0$0$2,942,725
100$5,305,662$0$0$3,158,100