Can I retire at age 50 with 441,000?

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 $441,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$36,417$36,093$35,776$35,468$35,166$33,945
2 years$18,028$17,693$17,367$17,052$16,746$15,528
3 years$11,900$11,562$11,238$10,925$10,624$9,449
4 years$8,836$8,500$8,178$7,871$7,577$6,452
5 years$6,998$6,664$6,347$6,046$5,760$4,689
6 years$5,773$5,441$5,129$4,835$4,558$3,541
7 years$4,899$4,570$4,262$3,975$3,707$2,744
8 years$4,243$3,917$3,615$3,334$3,075$2,166
9 years$3,733$3,411$3,113$2,840$2,590$1,733
10 years$3,326$3,006$2,714$2,448$2,207$1,401
11 years$2,993$2,676$2,390$2,131$1,898$1,142
12 years$2,715$2,402$2,121$1,869$1,644$936
13 years$2,481$2,171$1,895$1,650$1,434$771
14 years$2,280$1,973$1,702$1,465$1,257$638
15 years$2,106$1,803$1,537$1,306$1,107$530
16 years$1,954$1,654$1,394$1,170$978$441
17 years$1,820$1,523$1,268$1,051$867$368
18 years$1,701$1,407$1,158$947$771$307
19 years$1,594$1,304$1,060$856$687$257
20 years$1,499$1,212$973$775$614$215
21 years$1,412$1,129$895$703$549$181
22 years$1,334$1,054$824$640$493$152
23 years$1,263$986$761$582$442$127
24 years$1,197$924$704$531$397$107
25 years$1,137$867$652$485$358$90
26 years$1,082$815$605$444$322$76
27 years$1,030$767$562$406$290$64
28 years$983$722$522$372$262$54
29 years$939$681$486$341$237$45
30 years$898$644$453$313$214$38
31 years$859$608$422$288$193$32
32 years$823$576$394$264$175$27
33 years$790$545$368$243$158$23
34 years$758$517$343$224$143$19
35 years$728$490$321$206$130$16
36 years$700$465$300$190$118$14
37 years$674$442$281$175$107$11
38 years$649$420$263$161$97$10
39 years$625$399$247$148$88$8
40 years$603$380$231$137$79$7
41 years$582$362$217$126$72$6
42 years$561$344$203$117$65$5
43 years$542$328$191$108$59$4
44 years$524$313$179$99$54$3
45 years$507$298$168$92$49$3
46 years$490$284$158$85$44$2
47 years$474$271$148$78$40$2
48 years$459$259$139$72$37$2
49 years$444$247$131$67$33$1
50 years$431$236$123$62$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $441,000, adding $6,385 every year, while hoping to spend $30,958 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: 54/40/6 Blend
49$441,000$441,000$441,000$441,000
50$492,568$469,195$462,360$518,158
51$509,871$459,247$444,910$526,229
52$527,901$447,773$425,837$531,041
53$546,700$434,667$405,056$535,522
54$566,313$419,815$382,475$539,645
55$586,787$403,096$357,998$543,383
56$608,175$384,384$331,526$546,708
57$630,533$363,542$302,957$549,589
58$653,922$340,430$272,180$551,997
59$678,407$314,897$239,083$553,900
60$704,060$286,782$203,548$555,267
61$730,957$255,918$165,450$556,066
62$759,184$222,127$124,662$556,263
63$788,830$185,220$81,048$555,826
64$819,995$145,000$34,467$554,722
65$852,786$101,256$0$552,918
66$887,319$53,767$0$551,357
67$923,723$2,299$0$551,448
68$962,136$0$0$550,963
69$1,002,709$0$0$573,383
70$1,045,607$0$0$598,176
71$1,091,010$0$0$624,438
72$1,139,115$0$0$652,283
73$1,190,137$0$0$681,839
74$1,244,310$0$0$713,245
75$1,301,892$0$0$746,653
76$1,363,162$0$0$782,230
77$1,428,429$0$0$820,157
78$1,498,030$0$0$860,634
79$1,572,333$0$0$903,879
80$1,651,741$0$0$950,132
81$1,736,699$0$0$999,656
82$1,827,692$0$0$1,052,739
83$1,925,253$0$0$1,109,697
84$2,029,965$0$0$1,170,875
85$2,142,471$0$0$1,236,656
86$2,263,474$0$0$1,307,456
87$2,393,747$0$0$1,383,735
88$2,534,138$0$0$1,465,996
89$2,685,581$0$0$1,554,794
90$2,849,100$0$0$1,650,735
91$3,025,820$0$0$1,754,489
92$3,216,977$0$0$1,866,790
93$3,423,932$0$0$1,988,447
94$3,648,179$0$0$2,120,346
95$3,891,362$0$0$2,263,465
96$4,155,289$0$0$2,418,878
97$4,441,947$0$0$2,587,766
98$4,753,522$0$0$2,771,429
99$5,092,422$0$0$2,971,296
100$5,461,291$0$0$3,188,941