Can I retire at age 50 with 454,000?

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 $454,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$37,491$37,157$36,831$36,513$36,203$35,959
2 years$18,560$18,214$17,879$17,554$17,239$16,994
3 years$12,250$11,903$11,569$11,247$10,937$10,698
4 years$9,096$8,750$8,419$8,103$7,801$7,568
5 years$7,204$6,860$6,534$6,224$5,930$5,706
6 years$5,943$5,602$5,280$4,977$4,692$4,476
7 years$5,043$4,704$4,388$4,092$3,816$3,608
8 years$4,368$4,033$3,721$3,433$3,166$2,967
9 years$3,843$3,511$3,205$2,924$2,666$2,475
10 years$3,424$3,095$2,794$2,520$2,272$2,089
11 years$3,081$2,755$2,460$2,194$1,954$1,779
12 years$2,795$2,473$2,183$1,924$1,693$1,527
13 years$2,554$2,235$1,951$1,699$1,476$1,318
14 years$2,347$2,031$1,753$1,508$1,294$1,143
15 years$2,168$1,856$1,582$1,345$1,139$996
16 years$2,011$1,703$1,435$1,204$1,007$871
17 years$1,873$1,568$1,305$1,082$893$764
18 years$1,751$1,449$1,192$975$794$672
19 years$1,641$1,343$1,091$881$708$592
20 years$1,543$1,248$1,001$798$632$523
21 years$1,454$1,162$921$724$566$462
22 years$1,373$1,085$849$658$507$410
23 years$1,300$1,015$784$600$455$363
24 years$1,232$951$725$547$409$323
25 years$1,170$892$671$499$368$287
26 years$1,113$839$623$457$332$255
27 years$1,061$789$578$418$299$227
28 years$1,012$744$537$383$270$202
29 years$966$702$500$351$244$180
30 years$924$663$466$322$220$161
31 years$885$626$434$296$199$144
32 years$848$593$405$272$180$128
33 years$813$561$378$250$163$115
34 years$781$532$354$230$147$102
35 years$750$504$331$212$134$92
36 years$721$479$309$195$121$82
37 years$694$455$289$180$110$73
38 years$668$432$271$166$99$65
39 years$644$411$254$153$90$59
40 years$621$391$238$141$82$52
41 years$599$372$223$130$74$47
42 years$578$354$209$120$67$42
43 years$558$338$196$111$61$38
44 years$539$322$184$102$55$34
45 years$521$307$173$94$50$30
46 years$504$293$163$87$46$27
47 years$488$279$153$81$42$24
48 years$472$267$144$74$38$22
49 years$458$255$135$69$34$19
50 years$443$243$127$64$31$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $454,000, adding $5,345 every year, while hoping to spend $35,014 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: 88/5/7 Blend
49$454,000$454,000$454,000$454,000
50$505,821$481,759$474,722$549,616
51$520,161$468,111$453,371$565,305
52$534,789$452,620$430,131$577,108
53$549,699$435,160$404,901$588,940
54$564,881$415,596$377,578$600,779
55$580,323$393,785$348,052$612,596
56$596,012$369,576$316,208$624,363
57$611,932$342,811$281,927$636,046
58$628,061$313,322$245,084$647,610
59$644,378$280,929$205,549$659,011
60$660,854$245,445$163,185$670,206
61$677,461$206,670$117,850$681,143
62$694,160$164,396$69,397$691,767
63$710,913$118,399$17,670$702,014
64$727,671$68,446$0$711,816
65$744,383$14,289$0$723,900
66$760,988$0$0$736,968
67$777,417$0$0$752,058
68$793,595$0$0$767,688
69$809,435$0$0$782,989
70$824,840$0$0$797,866
71$839,700$0$0$812,213
72$853,895$0$0$825,912
73$867,286$0$0$838,830
74$879,721$0$0$850,819
75$891,030$0$0$861,714
76$901,022$0$0$871,329
77$909,485$0$0$879,459
78$916,183$0$0$885,875
79$920,853$0$0$890,322
80$923,203$0$0$892,516
81$922,908$0$0$892,142
82$919,607$0$0$888,851
83$912,900$0$0$882,254
84$902,343$0$0$871,921
85$887,443$0$0$857,373
86$867,655$0$0$838,082
87$842,374$0$0$813,460
88$810,931$0$0$782,859
89$772,583$0$0$745,559
90$726,510$0$0$700,764
91$671,804$0$0$647,593
92$607,460$0$0$585,073
93$532,368$0$0$512,125
94$445,300$0$0$427,559
95$344,897$0$0$330,058
96$229,660$0$0$218,167
97$97,931$0$0$90,278
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0