Can I retire at age 50 with 432,000?

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 $432,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$35,674$35,356$35,046$34,744$34,448$33,933
2 years$17,660$17,332$17,013$16,704$16,404$15,886
3 years$11,657$11,326$11,008$10,702$10,407$9,903
4 years$8,655$8,326$8,011$7,710$7,423$6,936
5 years$6,855$6,528$6,217$5,922$5,643$5,174
6 years$5,655$5,330$5,024$4,736$4,465$4,016
7 years$4,799$4,476$4,175$3,894$3,631$3,202
8 years$4,156$3,837$3,541$3,266$3,012$2,602
9 years$3,657$3,341$3,050$2,782$2,537$2,146
10 years$3,258$2,945$2,659$2,398$2,161$1,789
11 years$2,932$2,622$2,341$2,087$1,859$1,505
12 years$2,660$2,353$2,077$1,831$1,611$1,275
13 years$2,430$2,126$1,856$1,616$1,405$1,087
14 years$2,233$1,933$1,668$1,435$1,231$930
15 years$2,063$1,766$1,506$1,280$1,084$800
16 years$1,914$1,620$1,365$1,146$958$690
17 years$1,783$1,492$1,242$1,029$850$596
18 years$1,666$1,379$1,134$928$755$517
19 years$1,562$1,278$1,038$838$673$449
20 years$1,468$1,187$953$759$601$391
21 years$1,384$1,106$876$689$538$341
22 years$1,307$1,032$808$627$482$297
23 years$1,237$966$746$571$433$260
24 years$1,173$905$690$520$389$227
25 years$1,114$849$639$475$350$199
26 years$1,059$798$592$435$316$174
27 years$1,009$751$550$398$284$152
28 years$963$708$511$364$257$134
29 years$920$668$476$334$232$117
30 years$879$630$443$307$209$103
31 years$842$596$413$282$189$90
32 years$807$564$386$259$171$79
33 years$774$534$360$238$155$70
34 years$743$506$336$219$140$61
35 years$714$480$315$202$127$54
36 years$686$456$294$186$115$47
37 years$660$433$275$171$104$42
38 years$636$411$258$158$95$37
39 years$613$391$242$145$86$32
40 years$591$372$226$134$78$28
41 years$570$354$212$124$71$25
42 years$550$337$199$114$64$22
43 years$531$321$187$105$58$19
44 years$513$306$175$97$53$17
45 years$496$292$165$90$48$15
46 years$480$279$155$83$44$13
47 years$464$266$145$77$40$12
48 years$450$254$137$71$36$10
49 years$435$242$128$66$33$9
50 years$422$232$121$61$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $432,000, adding $3,958 every year, while hoping to spend $29,909 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: 72/22/6 Blend
49$432,000$432,000$432,000$432,000
50$480,147$457,251$450,555$514,079
51$497,299$447,833$433,825$527,573
52$515,198$436,951$415,533$538,216
53$533,889$424,503$395,594$549,026
54$553,419$410,377$373,921$560,010
55$573,842$394,460$350,421$571,179
56$595,213$376,627$324,999$582,541
57$617,593$356,751$297,555$594,111
58$641,049$334,693$267,984$605,901
59$665,651$310,308$236,177$617,929
60$691,479$283,444$202,020$630,215
61$718,615$253,938$165,393$642,780
62$747,153$221,620$126,173$655,650
63$777,191$186,308$84,228$668,855
64$808,839$147,812$39,424$682,429
65$842,215$105,929$0$696,409
66$877,447$60,446$0$711,379
67$914,677$11,139$0$729,578
68$954,059$0$0$748,548
69$995,758$0$0$778,587
70$1,039,959$0$0$813,296
71$1,086,862$0$0$850,137
72$1,136,685$0$0$889,283
73$1,189,667$0$0$930,924
74$1,246,070$0$0$975,267
75$1,306,180$0$0$1,022,538
76$1,370,312$0$0$1,072,987
77$1,438,808$0$0$1,126,885
78$1,512,046$0$0$1,184,531
79$1,590,438$0$0$1,246,252
80$1,674,437$0$0$1,312,407
81$1,764,540$0$0$1,383,389
82$1,861,292$0$0$1,459,631
83$1,965,290$0$0$1,541,606
84$2,077,193$0$0$1,629,835
85$2,197,719$0$0$1,724,890
86$2,327,662$0$0$1,827,397
87$2,467,891$0$0$1,938,048
88$2,619,362$0$0$2,057,598
89$2,783,125$0$0$2,186,882
90$2,960,334$0$0$2,326,814
91$3,152,259$0$0$2,478,401
92$3,360,294$0$0$2,642,748
93$3,585,973$0$0$2,821,072
94$3,830,984$0$0$3,014,712
95$4,097,182$0$0$3,225,138
96$4,386,608$0$0$3,453,970
97$4,701,509$0$0$3,702,989
98$5,044,355$0$0$3,974,155
99$5,417,865$0$0$4,269,623
100$5,825,031$0$0$4,591,767