Can I retire at age 50 with 437,000?

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 $437,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$36,087$35,766$35,452$35,146$34,847$34,116
2 years$17,865$17,532$17,210$16,897$16,594$15,860
3 years$11,792$11,457$11,136$10,826$10,528$9,815
4 years$8,756$8,422$8,104$7,800$7,509$6,822
5 years$6,934$6,603$6,289$5,991$5,708$5,050
6 years$5,721$5,392$5,082$4,791$4,516$3,887
7 years$4,854$4,528$4,224$3,939$3,673$3,073
8 years$4,204$3,882$3,582$3,304$3,047$2,476
9 years$3,699$3,380$3,085$2,814$2,566$2,024
10 years$3,296$2,979$2,690$2,426$2,186$1,672
11 years$2,966$2,652$2,368$2,111$1,880$1,393
12 years$2,691$2,380$2,101$1,852$1,630$1,169
13 years$2,458$2,151$1,878$1,635$1,421$986
14 years$2,259$1,955$1,687$1,451$1,246$836
15 years$2,087$1,786$1,523$1,294$1,097$711
16 years$1,936$1,639$1,381$1,159$969$607
17 years$1,803$1,509$1,257$1,041$859$519
18 years$1,685$1,395$1,147$938$764$445
19 years$1,580$1,293$1,050$848$681$382
20 years$1,485$1,201$964$768$608$329
21 years$1,400$1,119$886$697$544$284
22 years$1,322$1,044$817$634$488$245
23 years$1,251$977$754$577$438$211
24 years$1,186$915$698$526$394$182
25 years$1,127$859$646$481$354$158
26 years$1,072$807$599$440$319$137
27 years$1,021$760$556$402$288$118
28 years$974$716$517$369$260$102
29 years$930$675$481$338$234$89
30 years$890$638$448$310$212$77
31 years$852$603$418$285$192$67
32 years$816$570$390$262$173$58
33 years$783$540$364$241$157$50
34 years$751$512$340$222$142$44
35 years$722$486$318$204$129$38
36 years$694$461$298$188$116$33
37 years$668$438$279$173$106$28
38 years$643$416$261$160$96$25
39 years$620$396$244$147$87$21
40 years$597$376$229$136$79$19
41 years$576$358$215$125$71$16
42 years$556$341$201$116$65$14
43 years$537$325$189$107$59$12
44 years$519$310$177$98$53$11
45 years$502$296$167$91$48$9
46 years$485$282$157$84$44$8
47 years$470$269$147$78$40$7
48 years$455$257$138$72$36$6
49 years$440$245$130$66$33$5
50 years$427$234$122$61$30$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $437,000, adding $3,434 every year, while hoping to spend $24,093 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: 60/13/27 Blend
49$437,000$437,000$437,000$437,000
50$485,116$461,955$455,182$510,500
51$508,963$458,956$444,795$525,196
52$534,435$455,003$433,254$538,341
53$561,672$450,023$420,493$552,173
54$590,829$443,940$406,445$566,768
55$622,073$436,672$391,040$582,205
56$655,589$428,134$374,205$598,574
57$691,582$418,235$355,863$615,976
58$730,273$406,878$335,935$634,523
59$771,907$393,962$314,335$654,340
60$816,753$379,377$290,976$675,565
61$865,106$363,011$265,768$698,351
62$917,289$344,741$238,614$722,871
63$973,660$324,441$209,415$749,314
64$1,034,609$301,974$178,066$777,891
65$1,100,566$277,197$144,458$808,838
66$1,172,004$249,961$108,478$842,414
67$1,249,443$220,103$70,007$878,908
68$1,333,455$187,457$28,920$918,641
69$1,424,667$151,842$0$961,968
70$1,523,773$113,072$0$1,013,584
71$1,631,531$70,946$0$1,078,794
72$1,748,779$25,254$0$1,149,783
73$1,876,437$0$0$1,227,130
74$2,015,520$0$0$1,314,937
75$2,167,140$0$0$1,414,631
76$2,332,526$0$0$1,523,408
77$2,513,029$0$0$1,642,162
78$2,710,133$0$0$1,771,875
79$2,925,477$0$0$1,913,628
80$3,160,862$0$0$2,068,613
81$3,418,271$0$0$2,238,139
82$3,699,888$0$0$2,423,651
83$4,008,118$0$0$2,626,737
84$4,345,610$0$0$2,849,148
85$4,715,278$0$0$3,092,811
86$5,120,334$0$0$3,359,849
87$5,564,316$0$0$3,652,600
88$6,051,117$0$0$3,973,637
89$6,585,028$0$0$4,325,797
90$7,170,774$0$0$4,712,204
91$7,813,559$0$0$5,136,296
92$8,519,116$0$0$5,601,865
93$9,293,761$0$0$6,113,084
94$10,144,448$0$0$6,674,552
95$11,078,842$0$0$7,291,335
96$12,105,382$0$0$7,969,013
97$13,233,370$0$0$8,713,733
98$14,473,049$0$0$9,532,270
99$15,835,707$0$0$10,432,084
100$17,333,778$0$0$11,421,396