Can I retire at age 50 with 460,000?

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 $460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$37,986$37,648$37,318$36,996$36,681$35,394
2 years$18,805$18,455$18,115$17,786$17,467$16,184
3 years$12,412$12,060$11,722$11,396$11,082$9,843
4 years$9,216$8,866$8,531$8,210$7,904$6,718
5 years$7,299$6,951$6,620$6,306$6,008$4,879
6 years$6,022$5,676$5,350$5,043$4,754$3,683
7 years$5,110$4,767$4,446$4,146$3,866$2,853
8 years$4,426$4,086$3,770$3,478$3,208$2,250
9 years$3,894$3,557$3,247$2,963$2,701$1,800
10 years$3,469$3,136$2,831$2,554$2,302$1,454
11 years$3,122$2,792$2,493$2,223$1,979$1,184
12 years$2,832$2,506$2,212$1,949$1,715$970
13 years$2,588$2,264$1,976$1,721$1,496$799
14 years$2,378$2,058$1,776$1,528$1,311$660
15 years$2,197$1,880$1,603$1,363$1,154$548
16 years$2,038$1,725$1,454$1,220$1,020$455
17 years$1,898$1,589$1,323$1,096$905$380
18 years$1,774$1,468$1,207$988$804$317
19 years$1,663$1,361$1,105$893$717$265
20 years$1,563$1,264$1,014$808$640$222
21 years$1,473$1,178$933$734$573$186
22 years$1,391$1,099$860$667$514$156
23 years$1,317$1,028$794$608$461$131
24 years$1,249$963$734$554$414$110
25 years$1,186$904$680$506$373$92
26 years$1,128$850$631$463$336$78
27 years$1,075$800$586$424$303$65
28 years$1,025$753$545$388$273$55
29 years$979$711$507$356$247$46
30 years$936$671$472$327$223$39
31 years$896$635$440$300$202$33
32 years$859$600$411$276$182$28
33 years$824$569$383$253$165$23
34 years$791$539$358$233$149$20
35 years$760$511$335$215$135$16
36 years$731$485$313$198$123$14
37 years$703$461$293$182$111$12
38 years$677$438$275$168$101$10
39 years$652$416$257$155$91$8
40 years$629$396$241$143$83$7
41 years$607$377$226$132$75$6
42 years$586$359$212$122$68$5
43 years$566$342$199$112$62$4
44 years$547$326$187$104$56$4
45 years$528$311$175$96$51$3
46 years$511$297$165$88$46$2
47 years$495$283$155$82$42$2
48 years$479$270$145$75$38$2
49 years$464$258$137$70$35$1
50 years$449$247$129$64$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $460,000, adding $5,308 every year, while hoping to spend $34,600 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: 70/14/16 Blend
49$460,000$460,000$460,000$460,000
50$512,395$488,015$480,885$545,993
51$527,845$475,114$460,181$556,129
52$543,712$460,421$437,623$562,577
53$560,000$443,811$413,113$568,750
54$576,717$425,154$386,549$574,616
55$593,865$404,310$357,822$580,139
56$611,450$381,132$326,819$585,283
57$629,475$355,464$293,424$590,009
58$647,941$327,142$257,514$594,273
59$666,850$295,990$218,959$598,029
60$686,201$261,826$177,627$601,229
61$705,993$224,456$133,377$603,820
62$726,223$183,672$86,064$605,744
63$746,885$139,259$35,534$606,941
64$767,971$90,988$0$607,345
65$789,474$38,615$0$610,026
66$811,379$0$0$618,446
67$833,672$0$0$629,272
68$856,335$0$0$646,318
69$879,344$0$0$663,618
70$902,673$0$0$681,151
71$926,292$0$0$698,893
72$950,163$0$0$716,814
73$974,245$0$0$734,883
74$998,489$0$0$753,060
75$1,022,840$0$0$771,303
76$1,047,233$0$0$789,562
77$1,071,596$0$0$807,780
78$1,095,847$0$0$825,893
79$1,119,892$0$0$843,830
80$1,143,627$0$0$861,507
81$1,166,932$0$0$878,832
82$1,189,673$0$0$895,703
83$1,211,701$0$0$912,002
84$1,232,848$0$0$927,600
85$1,252,924$0$0$942,349
86$1,271,720$0$0$956,087
87$1,288,999$0$0$968,631
88$1,304,499$0$0$979,778
89$1,317,926$0$0$989,300
90$1,328,955$0$0$996,946
91$1,337,221$0$0$1,002,435
92$1,342,321$0$0$1,005,452
93$1,343,806$0$0$1,005,652
94$1,341,175$0$0$1,002,648
95$1,333,876$0$0$996,011
96$1,321,294$0$0$985,267
97$1,302,746$0$0$969,889
98$1,277,476$0$0$949,292
99$1,244,647$0$0$922,829
100$1,203,331$0$0$889,783