Can I retire at age 50 with 445,000?

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 $445,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$36,748$36,420$36,101$35,789$35,485$34,969
2 years$18,192$17,853$17,525$17,206$16,898$16,379
3 years$12,007$11,667$11,340$11,024$10,721$10,215
4 years$8,916$8,577$8,252$7,942$7,646$7,158
5 years$7,061$6,724$6,404$6,101$5,812$5,343
6 years$5,825$5,491$5,176$4,879$4,599$4,149
7 years$4,943$4,611$4,301$4,011$3,740$3,309
8 years$4,281$3,953$3,647$3,365$3,103$2,691
9 years$3,767$3,441$3,142$2,866$2,613$2,221
10 years$3,356$3,033$2,739$2,471$2,227$1,853
11 years$3,020$2,701$2,411$2,150$1,915$1,560
12 years$2,740$2,424$2,140$1,886$1,659$1,322
13 years$2,503$2,190$1,912$1,665$1,447$1,127
14 years$2,300$1,991$1,718$1,478$1,268$966
15 years$2,125$1,819$1,551$1,318$1,117$831
16 years$1,972$1,669$1,406$1,180$987$717
17 years$1,836$1,537$1,280$1,060$875$620
18 years$1,716$1,420$1,168$956$778$538
19 years$1,609$1,316$1,069$864$694$468
20 years$1,512$1,223$981$782$620$407
21 years$1,425$1,139$903$710$554$355
22 years$1,346$1,063$832$645$497$310
23 years$1,274$995$768$588$446$271
24 years$1,208$932$710$536$401$237
25 years$1,147$875$658$490$361$208
26 years$1,091$822$610$448$325$182
27 years$1,040$774$567$410$293$160
28 years$992$729$527$375$264$140
29 years$947$688$490$344$239$123
30 years$906$649$457$316$216$108
31 years$867$614$426$290$195$95
32 years$831$581$397$267$176$84
33 years$797$550$371$245$160$73
34 years$765$521$347$226$145$65
35 years$735$494$324$208$131$57
36 years$707$469$303$191$119$50
37 years$680$446$284$176$108$44
38 years$655$424$266$162$97$39
39 years$631$403$249$150$88$34
40 years$608$383$233$138$80$30
41 years$587$365$219$127$73$26
42 years$567$347$205$118$66$23
43 years$547$331$193$109$60$20
44 years$529$316$181$100$54$18
45 years$511$301$170$93$49$16
46 years$494$287$159$86$45$14
47 years$478$274$150$79$41$12
48 years$463$262$141$73$37$11
49 years$448$250$132$67$34$10
50 years$434$239$124$62$30$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $445,000, adding $3,323 every year, while hoping to spend $38,866 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: 48/25/27 Blend
49$445,000$445,000$445,000$445,000
50$493,818$470,233$463,335$513,579
51$502,834$451,921$437,504$509,484
52$511,467$431,409$409,504$500,950
53$519,638$408,549$379,223$490,921
54$527,255$383,183$346,542$479,276
55$534,220$355,143$311,336$465,883
56$540,421$324,256$273,476$450,602
57$545,733$290,333$232,827$433,280
58$550,018$253,180$189,247$413,752
59$553,121$212,587$142,588$391,842
60$554,872$168,336$92,697$367,359
61$555,079$120,195$39,413$340,095
62$553,531$67,919$0$309,829
63$549,993$11,248$0$281,347
64$544,204$0$0$261,805
65$535,875$0$0$253,386
66$524,686$0$0$246,520
67$510,281$0$0$237,924
68$492,267$0$0$227,387
69$470,209$0$0$214,680
70$443,624$0$0$199,545
71$411,980$0$0$181,701
72$374,686$0$0$160,833
73$331,089$0$0$136,595
74$280,468$0$0$108,604
75$222,026$0$0$76,439
76$154,880$0$0$39,630
77$78,057$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0