Can I retire at age 50 with 448,000?

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 $448,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$36,995$36,666$36,344$36,031$35,724$35,046
2 years$18,315$17,973$17,643$17,322$17,011$16,331
3 years$12,088$11,746$11,416$11,099$10,793$10,131
4 years$8,976$8,634$8,308$7,996$7,698$7,059
5 years$7,109$6,770$6,447$6,142$5,852$5,239
6 years$5,865$5,528$5,210$4,912$4,630$4,044
7 years$4,976$4,642$4,330$4,038$3,766$3,206
8 years$4,310$3,979$3,672$3,387$3,124$2,591
9 years$3,793$3,465$3,163$2,885$2,631$2,124
10 years$3,379$3,054$2,757$2,487$2,242$1,760
11 years$3,040$2,719$2,428$2,165$1,928$1,471
12 years$2,758$2,440$2,154$1,899$1,671$1,239
13 years$2,520$2,205$1,925$1,676$1,457$1,048
14 years$2,316$2,004$1,729$1,488$1,277$892
15 years$2,139$1,831$1,561$1,327$1,124$761
16 years$1,985$1,680$1,416$1,188$994$652
17 years$1,849$1,547$1,288$1,068$881$560
18 years$1,728$1,430$1,176$962$783$482
19 years$1,620$1,325$1,077$869$698$415
20 years$1,523$1,231$988$787$624$359
21 years$1,435$1,147$909$715$558$310
22 years$1,355$1,071$838$650$500$269
23 years$1,283$1,001$773$592$449$233
24 years$1,216$938$715$540$404$202
25 years$1,155$880$662$493$363$175
26 years$1,099$827$614$451$327$152
27 years$1,047$779$571$412$295$132
28 years$998$734$530$378$266$115
29 years$954$692$494$347$240$100
30 years$912$654$460$318$217$87
31 years$873$618$429$292$196$76
32 years$836$585$400$268$178$66
33 years$802$554$373$247$161$58
34 years$770$525$349$227$146$50
35 years$740$498$326$209$132$44
36 years$712$473$305$193$119$38
37 years$685$449$286$177$108$33
38 years$659$426$267$164$98$29
39 years$635$406$251$151$89$25
40 years$612$386$235$139$81$22
41 years$591$367$220$128$73$19
42 years$570$350$207$118$66$17
43 years$551$333$194$109$60$15
44 years$532$318$182$101$55$13
45 years$515$303$171$93$50$11
46 years$498$289$160$86$45$10
47 years$482$276$151$80$41$8
48 years$466$263$142$74$37$7
49 years$451$251$133$68$34$6
50 years$437$240$125$63$31$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $448,000, adding $5,719 every year, while hoping to spend $34,382 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: 50/21/29 Blend
49$448,000$448,000$448,000$448,000
50$499,595$475,851$468,907$520,222
51$513,972$462,586$448,033$521,981
52$528,662$447,518$425,308$520,027
53$543,663$430,523$400,633$517,237
54$558,967$411,469$373,905$513,549
55$574,568$390,218$345,016$508,895
56$590,455$366,620$313,856$503,204
57$606,617$340,520$280,306$496,400
58$623,040$311,753$244,244$488,402
59$639,707$280,145$205,543$479,125
60$656,596$245,512$164,067$468,475
61$673,685$207,658$119,680$456,357
62$690,945$166,378$72,233$442,665
63$708,345$121,454$21,577$427,289
64$725,848$72,657$0$410,110
65$743,412$19,744$0$401,054
66$760,988$0$0$397,712
67$778,523$0$0$401,987
68$795,953$0$0$410,741
69$813,208$0$0$419,372
70$830,210$0$0$427,836
71$846,869$0$0$436,082
72$863,084$0$0$444,055
73$878,742$0$0$451,690
74$893,719$0$0$458,919
75$907,871$0$0$465,661
76$921,041$0$0$471,828
77$933,052$0$0$477,323
78$943,707$0$0$482,035
79$952,787$0$0$485,843
80$960,047$0$0$488,610
81$965,215$0$0$490,185
82$967,988$0$0$490,402
83$968,030$0$0$489,071
84$964,968$0$0$485,988
85$958,386$0$0$480,922
86$947,825$0$0$473,618
87$932,775$0$0$463,793
88$912,671$0$0$451,136
89$886,886$0$0$435,298
90$854,726$0$0$415,897
91$815,423$0$0$392,506
92$768,127$0$0$364,657
93$711,897$0$0$331,829
94$645,692$0$0$293,447
95$568,362$0$0$248,874
96$478,633$0$0$197,409
97$375,099$0$0$138,273
98$256,206$0$0$70,608
99$120,235$0$0$0
100$0$0$0$0