Can I retire at age 50 with 433,000?

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 $433,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$35,757$35,438$35,127$34,824$34,528$33,316
2 years$17,701$17,372$17,052$16,742$16,442$15,234
3 years$11,684$11,353$11,034$10,727$10,431$9,265
4 years$8,675$8,345$8,030$7,728$7,440$6,324
5 years$6,871$6,543$6,231$5,936$5,656$4,593
6 years$5,668$5,343$5,036$4,747$4,475$3,467
7 years$4,810$4,487$4,185$3,903$3,639$2,685
8 years$4,166$3,846$3,549$3,274$3,019$2,118
9 years$3,666$3,349$3,057$2,789$2,543$1,694
10 years$3,266$2,952$2,665$2,404$2,166$1,368
11 years$2,938$2,628$2,346$2,092$1,863$1,114
12 years$2,666$2,358$2,082$1,835$1,615$913
13 years$2,436$2,131$1,860$1,620$1,408$752
14 years$2,238$1,937$1,672$1,438$1,234$622
15 years$2,068$1,770$1,509$1,283$1,087$516
16 years$1,918$1,624$1,368$1,148$960$429
17 years$1,787$1,495$1,245$1,032$852$357
18 years$1,670$1,382$1,137$930$757$298
19 years$1,565$1,281$1,041$840$675$249
20 years$1,472$1,190$955$761$603$209
21 years$1,387$1,109$878$691$539$175
22 years$1,310$1,035$810$628$484$147
23 years$1,240$968$747$572$434$123
24 years$1,175$907$691$522$390$103
25 years$1,116$851$640$476$351$87
26 years$1,062$800$594$436$316$73
27 years$1,012$753$551$399$285$61
28 years$965$709$513$365$257$52
29 years$922$669$477$335$232$43
30 years$881$632$444$307$210$37
31 years$844$597$414$282$190$31
32 years$808$565$386$259$172$26
33 years$775$535$361$239$155$22
34 years$744$507$337$220$141$18
35 years$715$481$315$202$127$15
36 years$688$457$295$186$115$13
37 years$662$434$276$171$105$11
38 years$637$412$258$158$95$9
39 years$614$392$242$146$86$8
40 years$592$373$227$134$78$7
41 years$571$355$213$124$71$6
42 years$551$338$200$114$64$5
43 years$532$322$187$106$58$4
44 years$514$307$176$98$53$3
45 years$497$293$165$90$48$3
46 years$481$279$155$83$44$2
47 years$465$267$146$77$40$2
48 years$451$254$137$71$36$2
49 years$436$243$129$66$33$1
50 years$423$232$121$61$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $433,000, adding $5,388 every year, while hoping to spend $20,267 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: 68/7/25 Blend
49$433,000$433,000$433,000$433,000
50$482,724$459,775$453,063$512,104
51$510,398$460,740$446,677$533,464
52$540,215$461,073$439,397$554,007
53$572,373$460,722$431,173$576,011
54$607,089$459,630$421,951$599,621
55$644,599$457,740$411,674$624,997
56$685,168$454,988$400,284$652,314
57$729,080$451,308$387,720$681,768
58$776,654$446,630$373,916$713,575
59$828,236$440,879$358,806$747,970
60$884,210$433,975$342,319$785,218
61$944,994$425,834$324,381$825,608
62$1,011,052$416,369$304,917$869,461
63$1,082,893$405,485$283,845$917,129
64$1,161,076$393,081$261,082$969,004
65$1,246,217$379,053$236,539$1,025,517
66$1,338,994$363,290$210,126$1,087,143
67$1,440,152$345,672$181,746$1,154,408
68$1,550,513$326,075$151,300$1,227,893
69$1,670,980$304,367$118,683$1,308,238
70$1,802,547$280,409$83,786$1,396,150
71$1,946,310$254,052$46,496$1,492,410
72$2,103,473$225,140$6,694$1,597,877
73$2,275,364$193,509$0$1,713,504
74$2,463,445$158,984$0$1,849,883
75$2,669,323$121,381$0$2,001,153
76$2,894,771$80,506$0$2,166,840
77$3,141,740$36,153$0$2,348,390
78$3,412,378$0$0$2,547,398
79$3,709,052$0$0$2,766,535
80$4,034,368$0$0$3,009,908
81$4,391,197$0$0$3,276,883
82$4,782,699$0$0$3,569,828
83$5,212,359$0$0$3,891,352
84$5,684,011$0$0$4,244,330
85$6,201,881$0$0$4,631,927
86$6,770,625$0$0$5,057,632
87$7,395,368$0$0$5,525,286
88$8,081,762$0$0$6,039,122
89$8,836,027$0$0$6,603,802
90$9,665,020$0$0$7,224,463
91$10,576,294$0$0$7,906,764
92$11,578,169$0$0$8,656,940
93$12,679,812$0$0$9,481,861
94$13,891,324$0$0$10,389,093
95$15,223,833$0$0$11,386,976
96$16,689,599$0$0$12,484,696
97$18,302,131$0$0$13,692,376
98$20,076,312$0$0$15,021,167
99$22,028,541$0$0$16,483,358
100$24,176,888$0$0$18,092,489