Can I retire at age 50 with 444,000?

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 $444,000?

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 years$36,665$36,339$36,020$35,709$35,405$34,676
2 years$18,151$17,813$17,485$17,168$16,860$16,128
3 years$11,980$11,641$11,314$11,000$10,696$9,986
4 years$8,896$8,557$8,234$7,925$7,629$6,944
5 years$7,046$6,709$6,390$6,087$5,799$5,143
6 years$5,812$5,478$5,164$4,868$4,589$3,961
7 years$4,932$4,601$4,291$4,002$3,732$3,133
8 years$4,272$3,944$3,639$3,357$3,096$2,526
9 years$3,759$3,434$3,135$2,860$2,607$2,066
10 years$3,348$3,027$2,733$2,465$2,222$1,708
11 years$3,013$2,694$2,406$2,145$1,911$1,424
12 years$2,734$2,418$2,135$1,882$1,656$1,196
13 years$2,498$2,186$1,908$1,661$1,444$1,009
14 years$2,295$1,987$1,714$1,475$1,266$856
15 years$2,120$1,815$1,548$1,315$1,114$729
16 years$1,967$1,665$1,403$1,178$985$622
17 years$1,832$1,533$1,277$1,058$873$533
18 years$1,712$1,417$1,165$954$776$457
19 years$1,605$1,313$1,067$862$692$393
20 years$1,509$1,220$979$780$618$338
21 years$1,422$1,137$901$708$553$292
22 years$1,343$1,061$830$644$496$252
23 years$1,271$992$766$586$445$218
24 years$1,205$930$709$535$400$188
25 years$1,145$873$657$488$360$163
26 years$1,089$820$609$447$324$141
27 years$1,037$772$565$409$292$122
28 years$990$727$526$375$264$106
29 years$945$686$489$343$238$92
30 years$904$648$456$315$215$80
31 years$865$612$425$290$195$69
32 years$829$580$396$266$176$60
33 years$795$549$370$245$159$52
34 years$763$520$346$225$144$45
35 years$733$493$323$207$131$39
36 years$705$468$302$191$118$34
37 years$679$445$283$176$107$30
38 years$653$423$265$162$97$26
39 years$630$402$248$149$88$22
40 years$607$382$233$138$80$19
41 years$586$364$218$127$73$17
42 years$565$347$205$117$66$15
43 years$546$330$192$108$60$13
44 years$528$315$180$100$54$11
45 years$510$300$169$92$49$10
46 years$493$286$159$85$45$8
47 years$477$273$149$79$41$7
48 years$462$261$140$73$37$6
49 years$447$249$132$67$33$6
50 years$433$238$124$62$30$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $444,000, adding $5,537 every year, while hoping to spend $28,573 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: 22/50/28 Blend
49$444,000$444,000$444,000$444,000
50$494,999$471,467$464,585$501,412
51$515,088$464,168$449,748$500,194
52$536,268$455,553$433,455$496,150
53$558,620$445,528$415,629$491,208
54$582,234$433,993$396,187$485,314
55$607,205$420,842$375,042$478,410
56$633,638$405,962$352,105$470,438
57$661,650$389,235$327,281$461,335
58$691,366$370,535$300,472$451,038
59$722,923$349,729$271,575$439,481
60$756,471$326,675$240,483$426,595
61$792,175$301,226$207,084$412,309
62$830,215$273,225$171,259$396,551
63$870,788$242,504$132,887$379,246
64$914,110$208,888$91,841$360,318
65$960,418$172,193$47,986$339,688
66$1,009,971$132,220$1,184$317,276
67$1,063,053$88,764$0$293,000
68$1,119,977$41,606$0$281,345
69$1,181,085$0$0$268,985
70$1,246,752$0$0$260,745
71$1,317,390$0$0$276,563
72$1,393,453$0$0$293,655
73$1,475,438$0$0$312,140
74$1,563,891$0$0$332,149
75$1,659,411$0$0$353,826
76$1,762,659$0$0$377,331
77$1,874,358$0$0$402,836
78$1,995,306$0$0$430,534
79$2,126,378$0$0$460,635
80$2,268,538$0$0$493,371
81$2,422,843$0$0$528,997
82$2,590,460$0$0$567,795
83$2,772,668$0$0$610,072
84$2,970,879$0$0$656,169
85$3,186,642$0$0$706,460
86$3,421,664$0$0$761,356
87$3,677,823$0$0$821,311
88$3,957,185$0$0$886,824
89$4,262,025$0$0$958,444
90$4,594,847$0$0$1,036,776
91$4,958,406$0$0$1,122,485
92$5,355,738$0$0$1,216,306
93$5,790,182$0$0$1,319,045
94$6,265,416$0$0$1,431,592
95$6,785,490$0$0$1,554,926
96$7,354,864$0$0$1,690,125
97$7,978,446$0$0$1,838,377
98$8,661,646$0$0$2,000,991
99$9,410,419$0$0$2,179,407
100$10,231,323$0$0$2,375,212