Can I retire at age 50 with 455,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.3%
1 years$37,573$37,239$36,912$36,594$36,282$35,933
2 years$18,601$18,254$17,919$17,593$17,277$16,926
3 years$12,277$11,929$11,595$11,272$10,961$10,618
4 years$9,116$8,769$8,438$8,121$7,818$7,486
5 years$7,220$6,875$6,548$6,238$5,943$5,623
6 years$5,956$5,614$5,292$4,988$4,702$4,394
7 years$5,054$4,715$4,398$4,101$3,824$3,529
8 years$4,378$4,041$3,729$3,440$3,173$2,890
9 years$3,852$3,519$3,212$2,930$2,672$2,401
10 years$3,431$3,102$2,800$2,526$2,277$2,018
11 years$3,088$2,761$2,465$2,198$1,958$1,711
12 years$2,801$2,478$2,188$1,928$1,697$1,462
13 years$2,559$2,240$1,955$1,702$1,480$1,256
14 years$2,352$2,036$1,756$1,511$1,297$1,085
15 years$2,173$1,860$1,586$1,348$1,142$941
16 years$2,016$1,706$1,438$1,207$1,009$819
17 years$1,878$1,571$1,308$1,084$895$715
18 years$1,755$1,452$1,194$977$796$625
19 years$1,645$1,346$1,093$883$709$548
20 years$1,546$1,251$1,003$800$633$482
21 years$1,457$1,165$923$726$567$424
22 years$1,376$1,087$851$660$508$373
23 years$1,303$1,017$785$601$456$330
24 years$1,235$953$726$548$410$291
25 years$1,173$894$673$501$369$257
26 years$1,116$840$624$458$332$228
27 years$1,063$791$579$419$300$202
28 years$1,014$745$539$384$270$179
29 years$969$703$501$352$244$158
30 years$926$664$467$323$221$140
31 years$887$628$435$297$199$125
32 years$850$594$406$273$180$111
33 years$815$562$379$251$163$98
34 years$782$533$354$231$148$87
35 years$752$506$331$212$134$78
36 years$723$480$310$196$121$69
37 years$695$456$290$180$110$61
38 years$670$433$272$166$100$54
39 years$645$412$254$153$90$48
40 years$622$392$239$141$82$43
41 years$600$373$224$130$74$38
42 years$579$355$210$120$67$34
43 years$559$338$197$111$61$30
44 years$541$323$185$103$56$27
45 years$523$308$174$95$50$24
46 years$505$294$163$87$46$21
47 years$489$280$153$81$42$19
48 years$473$267$144$75$38$17
49 years$459$255$135$69$34$15
50 years$444$244$127$64$31$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $455,000, adding $3,386 every year, while hoping to spend $35,565 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: 48/40/12 Blend
49$455,000$455,000$455,000$455,000
50$504,903$480,788$473,735$527,311
51$518,562$466,505$451,764$528,818
52$532,422$450,331$427,866$526,486
53$546,467$432,135$401,937$523,153
54$560,676$411,779$373,871$518,739
55$575,026$389,117$343,557$513,157
56$589,490$363,996$310,878$506,312
57$604,038$336,251$275,712$498,105
58$618,634$305,712$237,932$488,430
59$633,238$272,194$197,406$477,172
60$647,803$235,507$153,994$464,210
61$662,279$195,447$107,552$449,412
62$676,605$151,798$57,930$432,639
63$690,716$104,333$4,968$413,740
64$704,537$52,814$0$392,556
65$717,984$0$0$375,515
66$730,963$0$0$358,267
67$743,367$0$0$363,934
68$755,079$0$0$369,207
69$765,965$0$0$374,015
70$775,879$0$0$378,277
71$784,656$0$0$381,908
72$792,111$0$0$384,807
73$798,040$0$0$386,867
74$802,216$0$0$387,965
75$804,386$0$0$387,966
76$804,267$0$0$386,722
77$801,548$0$0$384,064
78$795,882$0$0$379,809
79$786,884$0$0$373,753
80$774,128$0$0$365,667
81$757,140$0$0$355,301
82$735,397$0$0$342,377
83$708,320$0$0$326,585
84$675,264$0$0$307,585
85$635,519$0$0$284,999
86$588,300$0$0$258,410
87$532,734$0$0$227,356
88$467,860$0$0$191,325
89$392,614$0$0$149,754
90$305,819$0$0$102,018
91$206,175$0$0$47,429
92$92,247$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