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%15.7%
1 years$35,592$35,275$34,965$34,663$34,369$33,565
2 years$17,620$17,291$16,973$16,665$16,366$15,561
3 years$11,630$11,300$10,983$10,677$10,383$9,602
4 years$8,635$8,307$7,993$7,693$7,405$6,654
5 years$6,839$6,513$6,203$5,909$5,629$4,910
6 years$5,642$5,318$5,013$4,725$4,454$3,767
7 years$4,787$4,466$4,166$3,885$3,623$2,968
8 years$4,147$3,828$3,533$3,259$3,005$2,383
9 years$3,649$3,333$3,043$2,776$2,531$1,941
10 years$3,250$2,938$2,653$2,393$2,156$1,598
11 years$2,925$2,616$2,335$2,082$1,855$1,326
12 years$2,654$2,348$2,073$1,827$1,607$1,108
13 years$2,424$2,122$1,852$1,613$1,401$931
14 years$2,228$1,928$1,664$1,431$1,229$786
15 years$2,058$1,762$1,502$1,277$1,082$666
16 years$1,909$1,616$1,362$1,143$956$566
17 years$1,779$1,489$1,239$1,027$848$482
18 years$1,662$1,375$1,131$926$754$412
19 years$1,558$1,275$1,036$836$672$352
20 years$1,465$1,185$951$757$600$301
21 years$1,380$1,103$874$687$537$259
22 years$1,304$1,030$806$625$481$222
23 years$1,234$963$744$569$432$191
24 years$1,170$903$688$519$388$164
25 years$1,111$847$637$474$349$141
26 years$1,057$796$591$434$315$122
27 years$1,007$749$549$397$284$105
28 years$961$706$510$364$256$90
29 years$917$666$475$333$231$78
30 years$877$629$442$306$209$67
31 years$840$595$412$281$189$58
32 years$805$563$385$258$171$50
33 years$772$533$359$238$155$43
34 years$741$505$336$219$140$37
35 years$712$479$314$201$127$32
36 years$685$455$294$185$115$28
37 years$659$432$275$171$104$24
38 years$634$410$257$157$94$21
39 years$611$390$241$145$86$18
40 years$589$371$226$134$78$15
41 years$568$353$212$123$70$13
42 years$549$337$199$114$64$12
43 years$530$321$186$105$58$10
44 years$512$306$175$97$53$9
45 years$495$291$164$90$48$7
46 years$479$278$154$83$43$6
47 years$463$265$145$77$39$6
48 years$449$253$136$71$36$5
49 years$434$242$128$65$33$4
50 years$421$231$120$60$30$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $431,000, adding $6,225 every year, while hoping to spend $37,016 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: 71/17/12 Blend
49$431,000$431,000$431,000$431,000
50$481,383$458,540$451,860$513,911
51$491,099$441,624$427,612$519,372
52$500,566$422,638$401,312$520,237
53$509,719$401,442$372,851$520,197
54$518,485$377,888$342,116$519,155
55$526,784$351,818$308,990$517,007
56$534,525$323,066$273,350$513,635
57$541,607$291,456$235,068$508,914
58$547,916$256,803$194,008$502,705
59$553,328$218,911$150,032$494,859
60$557,702$177,572$102,992$485,210
61$560,882$132,567$52,737$473,579
62$562,694$83,666$0$459,769
63$562,947$30,623$0$443,679
64$561,425$0$0$432,174
65$557,891$0$0$423,276
66$552,082$0$0$418,314
67$543,704$0$0$411,330
68$532,434$0$0$402,069
69$517,913$0$0$390,250
70$499,743$0$0$375,561
71$477,483$0$0$357,658
72$450,645$0$0$336,158
73$418,691$0$0$310,638
74$381,022$0$0$280,631
75$336,980$0$0$245,621
76$285,833$0$0$205,035
77$226,776$0$0$158,241
78$158,917$0$0$104,542
79$81,269$0$0$43,165
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$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