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%19.4%
1 years$35,592$35,275$34,965$34,663$34,369$33,070
2 years$17,620$17,291$16,973$16,665$16,366$15,073
3 years$11,630$11,300$10,983$10,677$10,383$9,136
4 years$8,635$8,307$7,993$7,693$7,405$6,214
5 years$6,839$6,513$6,203$5,909$5,629$4,497
6 years$5,642$5,318$5,013$4,725$4,454$3,381
7 years$4,787$4,466$4,166$3,885$3,623$2,608
8 years$4,147$3,828$3,533$3,259$3,005$2,049
9 years$3,649$3,333$3,043$2,776$2,531$1,632
10 years$3,250$2,938$2,653$2,393$2,156$1,312
11 years$2,925$2,616$2,335$2,082$1,855$1,064
12 years$2,654$2,348$2,073$1,827$1,607$867
13 years$2,424$2,122$1,852$1,613$1,401$711
14 years$2,228$1,928$1,664$1,431$1,229$585
15 years$2,058$1,762$1,502$1,277$1,082$483
16 years$1,909$1,616$1,362$1,143$956$399
17 years$1,779$1,489$1,239$1,027$848$331
18 years$1,662$1,375$1,131$926$754$275
19 years$1,558$1,275$1,036$836$672$229
20 years$1,465$1,185$951$757$600$190
21 years$1,380$1,103$874$687$537$159
22 years$1,304$1,030$806$625$481$132
23 years$1,234$963$744$569$432$111
24 years$1,170$903$688$519$388$92
25 years$1,111$847$637$474$349$77
26 years$1,057$796$591$434$315$64
27 years$1,007$749$549$397$284$54
28 years$961$706$510$364$256$45
29 years$917$666$475$333$231$38
30 years$877$629$442$306$209$32
31 years$840$595$412$281$189$26
32 years$805$563$385$258$171$22
33 years$772$533$359$238$155$19
34 years$741$505$336$219$140$15
35 years$712$479$314$201$127$13
36 years$685$455$294$185$115$11
37 years$659$432$275$171$104$9
38 years$634$410$257$157$94$8
39 years$611$390$241$145$86$6
40 years$589$371$226$134$78$5
41 years$568$353$212$123$70$4
42 years$549$337$199$114$64$4
43 years$530$321$186$105$58$3
44 years$512$306$175$97$53$3
45 years$495$291$164$90$48$2
46 years$479$278$154$83$43$2
47 years$463$265$145$77$39$2
48 years$449$253$136$71$36$1
49 years$434$242$128$65$33$1
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 $6,542 every year, while hoping to spend $31,117 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: 36/45/19 Blend
49$431,000$431,000$431,000$431,000
50$481,710$458,867$452,187$496,066
51$497,736$448,243$434,227$496,479
52$514,354$436,056$414,622$493,537
53$531,591$422,196$393,285$489,712
54$549,477$406,547$370,123$484,945
55$568,043$388,987$345,041$479,170
56$587,321$369,385$317,938$472,321
57$607,348$347,605$288,710$464,324
58$628,162$323,502$257,246$455,107
59$649,803$296,922$223,432$444,590
60$672,314$267,703$187,148$432,690
61$695,744$235,673$148,271$419,321
62$720,140$200,652$106,669$404,391
63$745,559$162,448$62,206$387,806
64$772,056$120,859$14,741$369,464
65$799,696$75,671$0$349,261
66$828,545$26,659$0$334,367
67$858,676$0$0$321,048
68$890,168$0$0$319,307
69$923,104$0$0$331,308
70$957,578$0$0$343,885
71$993,688$0$0$357,076
72$1,031,541$0$0$370,923
73$1,071,256$0$0$385,472
74$1,112,958$0$0$400,771
75$1,156,785$0$0$416,875
76$1,202,888$0$0$433,840
77$1,251,428$0$0$451,731
78$1,302,583$0$0$470,616
79$1,356,547$0$0$490,571
80$1,413,530$0$0$511,678
81$1,473,762$0$0$534,026
82$1,537,492$0$0$557,714
83$1,604,996$0$0$582,849
84$1,676,571$0$0$609,547
85$1,752,545$0$0$637,936
86$1,833,275$0$0$668,157
87$1,919,151$0$0$700,363
88$2,010,601$0$0$734,722
89$2,108,094$0$0$771,417
90$2,212,141$0$0$810,650
91$2,323,306$0$0$852,642
92$2,442,204$0$0$897,636
93$2,569,509$0$0$945,897
94$2,705,964$0$0$997,716
95$2,852,379$0$0$1,053,415
96$3,009,646$0$0$1,113,343
97$3,178,743$0$0$1,177,887
98$3,360,746$0$0$1,247,471
99$3,556,832$0$0$1,322,559
100$3,768,297$0$0$1,403,664