Can I retire at age 50 with 455,000?

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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$37,573$37,239$36,912$36,594$36,282$35,492
2 years$18,601$18,254$17,919$17,593$17,277$16,485
3 years$12,277$11,929$11,595$11,272$10,961$10,192
4 years$9,116$8,769$8,438$8,121$7,818$7,077
5 years$7,220$6,875$6,548$6,238$5,943$5,233
6 years$5,956$5,614$5,292$4,988$4,702$4,024
7 years$5,054$4,715$4,398$4,101$3,824$3,177
8 years$4,378$4,041$3,729$3,440$3,173$2,557
9 years$3,852$3,519$3,212$2,930$2,672$2,087
10 years$3,431$3,102$2,800$2,526$2,277$1,723
11 years$3,088$2,761$2,465$2,198$1,958$1,434
12 years$2,801$2,478$2,188$1,928$1,697$1,201
13 years$2,559$2,240$1,955$1,702$1,480$1,012
14 years$2,352$2,036$1,756$1,511$1,297$857
15 years$2,173$1,860$1,586$1,348$1,142$728
16 years$2,016$1,706$1,438$1,207$1,009$620
17 years$1,878$1,571$1,308$1,084$895$530
18 years$1,755$1,452$1,194$977$796$454
19 years$1,645$1,346$1,093$883$709$389
20 years$1,546$1,251$1,003$800$633$334
21 years$1,457$1,165$923$726$567$288
22 years$1,376$1,087$851$660$508$248
23 years$1,303$1,017$785$601$456$214
24 years$1,235$953$726$548$410$184
25 years$1,173$894$673$501$369$159
26 years$1,116$840$624$458$332$137
27 years$1,063$791$579$419$300$119
28 years$1,014$745$539$384$270$103
29 years$969$703$501$352$244$89
30 years$926$664$467$323$221$77
31 years$887$628$435$297$199$67
32 years$850$594$406$273$180$58
33 years$815$562$379$251$163$50
34 years$782$533$354$231$148$43
35 years$752$506$331$212$134$37
36 years$723$480$310$196$121$32
37 years$695$456$290$180$110$28
38 years$670$433$272$166$100$24
39 years$645$412$254$153$90$21
40 years$622$392$239$141$82$18
41 years$600$373$224$130$74$16
42 years$579$355$210$120$67$14
43 years$559$338$197$111$61$12
44 years$541$323$185$103$56$10
45 years$523$308$174$95$50$9
46 years$505$294$163$87$46$8
47 years$489$280$153$81$42$7
48 years$473$267$144$75$38$6
49 years$459$255$135$69$34$5
50 years$444$244$127$64$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $455,000, adding $2,563 every year, while hoping to spend $27,917 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: 52/38/10 Blend
49$455,000$455,000$455,000$455,000
50$504,054$479,939$472,886$528,831
51$525,764$473,752$459,024$539,799
52$548,753$466,327$443,763$548,506
53$573,121$457,573$427,024$557,323
54$598,980$447,394$408,730$566,267
55$626,449$435,690$388,796$575,359
56$655,661$422,352$367,134$584,623
57$686,759$407,269$343,655$594,087
58$719,903$390,320$318,262$603,783
59$755,265$371,377$290,855$613,751
60$793,035$350,308$261,332$624,035
61$833,421$326,969$229,582$634,685
62$876,650$301,210$195,493$645,762
63$922,972$272,873$158,946$657,332
64$972,661$241,790$119,817$669,474
65$1,026,019$207,784$77,977$682,275
66$1,083,374$170,667$33,291$695,837
67$1,145,090$130,242$0$710,273
68$1,211,564$86,299$0$727,249
69$1,283,234$38,617$0$749,267
70$1,360,578$0$0$772,952
71$1,444,125$0$0$803,959
72$1,534,454$0$0$854,979
73$1,632,202$0$0$910,226
74$1,738,068$0$0$970,101
75$1,852,824$0$0$1,035,046
76$1,977,315$0$0$1,105,543
77$2,112,473$0$0$1,182,127
78$2,259,321$0$0$1,265,382
79$2,418,986$0$0$1,355,953
80$2,592,708$0$0$1,454,550
81$2,781,848$0$0$1,561,954
82$2,987,909$0$0$1,679,022
83$3,212,541$0$0$1,806,700
84$3,457,560$0$0$1,946,028
85$3,724,968$0$0$2,098,152
86$4,016,966$0$0$2,264,332
87$4,335,978$0$0$2,445,955
88$4,684,670$0$0$2,644,550
89$5,065,982$0$0$2,861,798
90$5,483,147$0$0$3,099,552
91$5,939,727$0$0$3,359,852
92$6,439,642$0$0$3,644,942
93$6,987,212$0$0$3,957,297
94$7,587,192$0$0$4,299,640
95$8,244,820$0$0$4,674,971
96$8,965,863$0$0$5,086,593
97$9,756,675$0$0$5,538,147
98$10,624,252$0$0$6,033,640
99$11,576,303$0$0$6,577,487
100$12,621,318$0$0$7,174,552