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%14.4%
1 years$37,573$37,239$36,912$36,594$36,282$35,623
2 years$18,601$18,254$17,919$17,593$17,277$16,615
3 years$12,277$11,929$11,595$11,272$10,961$10,317
4 years$9,116$8,769$8,438$8,121$7,818$7,197
5 years$7,220$6,875$6,548$6,238$5,943$5,347
6 years$5,956$5,614$5,292$4,988$4,702$4,132
7 years$5,054$4,715$4,398$4,101$3,824$3,279
8 years$4,378$4,041$3,729$3,440$3,173$2,653
9 years$3,852$3,519$3,212$2,930$2,672$2,177
10 years$3,431$3,102$2,800$2,526$2,277$1,807
11 years$3,088$2,761$2,465$2,198$1,958$1,512
12 years$2,801$2,478$2,188$1,928$1,697$1,275
13 years$2,559$2,240$1,955$1,702$1,480$1,080
14 years$2,352$2,036$1,756$1,511$1,297$920
15 years$2,173$1,860$1,586$1,348$1,142$786
16 years$2,016$1,706$1,438$1,207$1,009$674
17 years$1,878$1,571$1,308$1,084$895$580
18 years$1,755$1,452$1,194$977$796$500
19 years$1,645$1,346$1,093$883$709$432
20 years$1,546$1,251$1,003$800$633$373
21 years$1,457$1,165$923$726$567$323
22 years$1,376$1,087$851$660$508$280
23 years$1,303$1,017$785$601$456$243
24 years$1,235$953$726$548$410$212
25 years$1,173$894$673$501$369$184
26 years$1,116$840$624$458$332$160
27 years$1,063$791$579$419$300$139
28 years$1,014$745$539$384$270$121
29 years$969$703$501$352$244$106
30 years$926$664$467$323$221$92
31 years$887$628$435$297$199$80
32 years$850$594$406$273$180$70
33 years$815$562$379$251$163$61
34 years$782$533$354$231$148$53
35 years$752$506$331$212$134$47
36 years$723$480$310$196$121$41
37 years$695$456$290$180$110$36
38 years$670$433$272$166$100$31
39 years$645$412$254$153$90$27
40 years$622$392$239$141$82$24
41 years$600$373$224$130$74$21
42 years$579$355$210$120$67$18
43 years$559$338$197$111$61$16
44 years$541$323$185$103$56$14
45 years$523$308$174$95$50$12
46 years$505$294$163$87$46$11
47 years$489$280$153$81$42$9
48 years$473$267$144$75$38$8
49 years$459$255$135$69$34$7
50 years$444$244$127$64$31$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $455,000, adding $5,508 every year, while hoping to spend $30,655 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: 29/47/24 Blend
49$455,000$455,000$455,000$455,000
50$507,092$482,977$475,924$517,882
51$526,198$474,026$459,251$517,762
52$546,226$463,609$440,992$514,560
53$567,237$451,622$421,061$510,486
54$589,299$437,954$399,369$505,483
55$612,482$422,489$375,824$499,496
56$636,868$405,103$350,326$492,463
57$662,541$385,666$322,774$484,323
58$689,595$364,038$293,062$475,011
59$718,132$340,075$261,078$464,461
60$748,263$313,620$226,706$452,601
61$780,109$284,511$189,824$439,361
62$813,802$252,574$150,305$424,666
63$849,487$217,627$108,017$408,439
64$887,322$179,477$62,822$390,601
65$927,477$137,921$14,576$371,071
66$970,143$92,742$0$349,767
67$1,015,524$43,713$0$336,054
68$1,063,847$0$0$324,991
69$1,115,358$0$0$317,661
70$1,170,327$0$0$334,007
71$1,229,052$0$0$351,513
72$1,291,855$0$0$370,284
73$1,359,094$0$0$390,432
74$1,431,159$0$0$412,079
75$1,508,478$0$0$435,362
76$1,591,520$0$0$460,429
77$1,680,802$0$0$487,444
78$1,776,889$0$0$516,585
79$1,880,403$0$0$548,052
80$1,992,028$0$0$582,059
81$2,112,513$0$0$618,845
82$2,242,682$0$0$658,671
83$2,383,441$0$0$701,827
84$2,535,786$0$0$748,627
85$2,700,810$0$0$799,420
86$2,879,718$0$0$854,589
87$3,073,833$0$0$914,554
88$3,284,609$0$0$979,779
89$3,513,648$0$0$1,050,773
90$3,762,710$0$0$1,128,096
91$4,033,732$0$0$1,212,366
92$4,328,847$0$0$1,304,262
93$4,650,398$0$0$1,404,530
94$5,000,969$0$0$1,513,994
95$5,383,398$0$0$1,633,558
96$5,800,814$0$0$1,764,219
97$6,256,658$0$0$1,907,075
98$6,754,719$0$0$2,063,334
99$7,299,169$0$0$2,234,326
100$7,894,600$0$0$2,421,516