Can I retire at age 50 with 431,000?

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 $431,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$35,592$35,275$34,965$34,663$34,369$33,242
2 years$17,620$17,291$16,973$16,665$16,366$15,242
3 years$11,630$11,300$10,983$10,677$10,383$9,296
4 years$8,635$8,307$7,993$7,693$7,405$6,365
5 years$6,839$6,513$6,203$5,909$5,629$4,637
6 years$5,642$5,318$5,013$4,725$4,454$3,512
7 years$4,787$4,466$4,166$3,885$3,623$2,729
8 years$4,147$3,828$3,533$3,259$3,005$2,161
9 years$3,649$3,333$3,043$2,776$2,531$1,734
10 years$3,250$2,938$2,653$2,393$2,156$1,406
11 years$2,925$2,616$2,335$2,082$1,855$1,150
12 years$2,654$2,348$2,073$1,827$1,607$946
13 years$2,424$2,122$1,852$1,613$1,401$782
14 years$2,228$1,928$1,664$1,431$1,229$649
15 years$2,058$1,762$1,502$1,277$1,082$541
16 years$1,909$1,616$1,362$1,143$956$452
17 years$1,779$1,489$1,239$1,027$848$378
18 years$1,662$1,375$1,131$926$754$317
19 years$1,558$1,275$1,036$836$672$266
20 years$1,465$1,185$951$757$600$224
21 years$1,380$1,103$874$687$537$189
22 years$1,304$1,030$806$625$481$159
23 years$1,234$963$744$569$432$134
24 years$1,170$903$688$519$388$113
25 years$1,111$847$637$474$349$95
26 years$1,057$796$591$434$315$81
27 years$1,007$749$549$397$284$68
28 years$961$706$510$364$256$58
29 years$917$666$475$333$231$49
30 years$877$629$442$306$209$41
31 years$840$595$412$281$189$35
32 years$805$563$385$258$171$29
33 years$772$533$359$238$155$25
34 years$741$505$336$219$140$21
35 years$712$479$314$201$127$18
36 years$685$455$294$185$115$15
37 years$659$432$275$171$104$13
38 years$634$410$257$157$94$11
39 years$611$390$241$145$86$9
40 years$589$371$226$134$78$8
41 years$568$353$212$123$70$7
42 years$549$337$199$114$64$6
43 years$530$321$186$105$58$5
44 years$512$306$175$97$53$4
45 years$495$291$164$90$48$3
46 years$479$278$154$83$43$3
47 years$463$265$145$77$39$2
48 years$449$253$136$71$36$2
49 years$434$242$128$65$33$2
50 years$421$231$120$60$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $431,000, adding $6,084 every year, while hoping to spend $33,409 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: 29/42/29 Blend
49$431,000$431,000$431,000$431,000
50$481,238$458,395$451,714$490,763
51$494,777$445,309$431,300$485,710
52$508,578$430,463$409,082$476,988
53$522,631$413,734$384,964$466,949
54$536,926$394,994$358,847$455,505
55$551,451$374,106$330,627$442,560
56$566,189$350,928$300,193$428,012
57$581,123$325,306$267,433$411,756
58$596,232$297,080$232,226$393,678
59$611,491$266,080$194,448$373,657
60$626,871$232,126$153,970$351,566
61$642,339$195,028$110,656$327,272
62$657,858$154,585$64,364$300,630
63$673,386$110,585$14,946$271,490
64$688,872$62,805$0$239,691
65$704,262$11,008$0$216,757
66$719,494$0$0$196,510
67$734,496$0$0$195,003
68$749,190$0$0$198,448
69$763,485$0$0$201,725
70$777,281$0$0$204,803
71$790,466$0$0$207,643
72$802,914$0$0$210,204
73$814,483$0$0$212,440
74$825,018$0$0$214,300
75$834,342$0$0$215,725
76$842,260$0$0$216,651
77$848,554$0$0$217,008
78$852,982$0$0$216,717
79$855,275$0$0$215,690
80$855,134$0$0$213,829
81$852,225$0$0$211,027
82$846,181$0$0$207,163
83$836,592$0$0$202,106
84$823,004$0$0$195,708
85$804,913$0$0$187,806
86$781,764$0$0$178,221
87$752,938$0$0$166,753
88$717,751$0$0$153,181
89$675,448$0$0$137,262
90$625,192$0$0$118,725
91$566,056$0$0$97,273
92$497,017$0$0$72,575
93$416,942$0$0$44,267
94$324,580$0$0$11,948
95$218,549$0$0$0
96$97,319$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0