Can I retire at age 50 with 458,000?

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 $458,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$37,821$37,484$37,156$36,835$36,522$35,296
2 years$18,723$18,375$18,037$17,709$17,391$16,169
3 years$12,358$12,008$11,671$11,346$11,034$9,852
4 years$9,176$8,827$8,493$8,174$7,869$6,738
5 years$7,268$6,921$6,591$6,279$5,982$4,905
6 years$5,996$5,651$5,327$5,021$4,733$3,710
7 years$5,087$4,746$4,427$4,128$3,850$2,880
8 years$4,407$4,068$3,754$3,463$3,194$2,278
9 years$3,877$3,542$3,233$2,950$2,689$1,826
10 years$3,454$3,122$2,819$2,543$2,292$1,479
11 years$3,108$2,779$2,482$2,213$1,971$1,207
12 years$2,820$2,495$2,202$1,941$1,708$992
13 years$2,576$2,254$1,968$1,714$1,489$819
14 years$2,368$2,049$1,768$1,521$1,306$679
15 years$2,187$1,872$1,596$1,357$1,149$565
16 years$2,029$1,718$1,447$1,215$1,016$471
17 years$1,890$1,582$1,317$1,091$901$394
18 years$1,766$1,462$1,202$984$801$330
19 years$1,656$1,355$1,101$889$714$276
20 years$1,557$1,259$1,010$805$638$232
21 years$1,467$1,173$929$731$571$195
22 years$1,385$1,094$856$664$511$164
23 years$1,311$1,024$791$605$459$138
24 years$1,243$959$731$552$413$116
25 years$1,181$900$677$504$371$98
26 years$1,123$846$628$461$335$83
27 years$1,070$796$583$422$302$70
28 years$1,021$750$542$386$272$59
29 years$975$708$505$354$246$50
30 years$932$668$470$325$222$42
31 years$892$632$438$299$201$35
32 years$855$598$409$274$182$30
33 years$820$566$382$252$164$25
34 years$787$537$357$232$149$21
35 years$757$509$333$214$135$18
36 years$727$483$312$197$122$15
37 years$700$459$292$181$111$13
38 years$674$436$273$167$100$11
39 years$649$415$256$154$91$9
40 years$626$394$240$142$83$8
41 years$604$375$225$131$75$7
42 years$583$358$211$121$68$6
43 years$563$341$198$112$62$5
44 years$544$325$186$103$56$4
45 years$526$310$175$95$51$3
46 years$509$295$164$88$46$3
47 years$492$282$154$81$42$2
48 years$477$269$145$75$38$2
49 years$462$257$136$69$35$2
50 years$447$246$128$64$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $458,000, adding $4,448 every year, while hoping to spend $25,952 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: 73/14/13 Blend
49$458,000$458,000$458,000$458,000
50$509,304$485,030$477,931$544,766
51$533,640$481,184$466,329$564,978
52$559,589$476,279$453,469$583,480
53$587,288$470,237$439,280$603,045
54$616,886$462,974$423,691$623,774
55$648,548$454,400$406,625$645,774
56$682,456$444,421$388,002$669,168
57$718,806$432,937$367,740$694,089
58$757,816$419,843$345,751$720,684
59$799,725$405,027$321,945$749,116
60$844,794$388,370$296,227$779,566
61$893,309$369,747$268,498$812,233
62$945,588$349,025$238,653$847,337
63$1,001,975$326,065$206,585$885,123
64$1,062,852$300,717$172,181$925,859
65$1,128,636$272,826$135,323$969,843
66$1,199,788$242,225$95,887$1,017,405
67$1,276,812$208,740$53,745$1,068,907
68$1,360,264$172,186$8,763$1,124,751
69$1,450,755$132,366$0$1,185,381
70$1,548,955$89,076$0$1,256,731
71$1,655,604$42,096$0$1,335,550
72$1,771,514$0$0$1,421,241
73$1,897,578$0$0$1,515,843
74$2,034,780$0$0$1,625,880
75$2,184,202$0$0$1,745,737
76$2,347,033$0$0$1,876,370
77$2,524,585$0$0$2,018,834
78$2,718,299$0$0$2,174,288
79$2,929,762$0$0$2,344,009
80$3,160,721$0$0$2,529,402
81$3,413,101$0$0$2,732,013
82$3,689,017$0$0$2,953,545
83$3,990,803$0$0$3,195,874
84$4,321,023$0$0$3,461,065
85$4,682,506$0$0$3,751,390
86$5,078,363$0$0$4,069,353
87$5,512,023$0$0$4,417,711
88$5,987,259$0$0$4,799,500
89$6,508,228$0$0$5,218,064
90$7,079,511$0$0$5,677,085
91$7,706,148$0$0$6,180,619
92$8,393,695$0$0$6,733,135
93$9,148,270$0$0$7,339,554
94$9,976,612$0$0$8,005,296
95$10,886,144$0$0$8,736,333
96$11,885,043$0$0$9,539,242
97$12,982,319$0$0$10,421,269
98$14,187,894$0$0$11,390,398
99$15,512,701$0$0$12,455,422
100$16,968,784$0$0$13,626,029