Can I retire at age 50 with 461,000?

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 $461,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$38,069$37,730$37,399$37,076$36,761$35,771
2 years$18,846$18,495$18,155$17,825$17,505$16,515
3 years$12,439$12,087$11,747$11,421$11,106$10,146
4 years$9,236$8,885$8,549$8,228$7,921$6,999
5 years$7,315$6,966$6,634$6,320$6,021$5,140
6 years$6,035$5,688$5,362$5,054$4,764$3,925
7 years$5,121$4,777$4,456$4,155$3,875$3,076
8 years$4,435$4,095$3,779$3,486$3,215$2,457
9 years$3,903$3,565$3,255$2,969$2,707$1,990
10 years$3,477$3,143$2,837$2,559$2,307$1,629
11 years$3,128$2,798$2,498$2,227$1,984$1,345
12 years$2,838$2,511$2,217$1,954$1,719$1,117
13 years$2,593$2,269$1,981$1,725$1,499$933
14 years$2,383$2,063$1,780$1,531$1,314$783
15 years$2,201$1,884$1,607$1,365$1,157$659
16 years$2,042$1,729$1,457$1,223$1,023$556
17 years$1,902$1,592$1,326$1,099$907$471
18 years$1,778$1,471$1,210$990$806$399
19 years$1,667$1,364$1,108$895$719$339
20 years$1,567$1,267$1,017$810$642$289
21 years$1,476$1,180$935$735$574$246
22 years$1,395$1,102$862$669$515$210
23 years$1,320$1,030$796$609$462$179
24 years$1,251$965$736$555$415$153
25 years$1,189$906$682$507$374$131
26 years$1,131$851$632$464$337$112
27 years$1,077$801$587$424$304$95
28 years$1,027$755$546$389$274$82
29 years$981$712$508$357$247$70
30 years$938$673$473$327$223$60
31 years$898$636$441$301$202$51
32 years$861$602$411$276$183$44
33 years$826$570$384$254$165$38
34 years$793$540$359$234$150$32
35 years$761$512$336$215$136$28
36 years$732$486$314$198$123$24
37 years$705$462$294$183$111$20
38 years$678$439$275$168$101$17
39 years$654$417$258$155$92$15
40 years$630$397$242$143$83$13
41 years$608$378$227$132$75$11
42 years$587$360$213$122$68$9
43 years$567$343$199$112$62$8
44 years$548$327$187$104$56$7
45 years$530$312$176$96$51$6
46 years$512$297$165$89$46$5
47 years$496$284$155$82$42$4
48 years$480$271$146$76$38$4
49 years$465$259$137$70$35$3
50 years$450$247$129$65$32$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $461,000, adding $3,872 every year, while hoping to spend $23,576 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: 65/13/22 Blend
49$461,000$461,000$461,000$461,000
50$512,016$487,583$480,437$542,166
51$539,157$486,390$471,447$561,728
52$568,276$484,348$461,366$580,079
53$599,550$481,391$450,132$599,588
54$633,174$477,449$437,681$620,371
55$669,360$472,446$423,945$642,555
56$708,342$466,303$408,855$666,281
57$750,378$458,937$392,336$691,705
58$795,749$450,258$374,313$718,999
59$844,767$440,172$354,704$748,355
60$897,772$428,579$333,425$779,985
61$955,139$415,374$310,389$814,122
62$1,017,280$400,444$285,504$851,025
63$1,084,648$383,671$258,673$890,982
64$1,157,740$364,929$229,797$934,309
65$1,237,106$344,087$198,772$981,357
66$1,323,347$321,004$165,487$1,032,513
67$1,417,127$295,531$129,829$1,088,207
68$1,519,174$267,513$91,679$1,148,912
69$1,630,292$236,782$50,912$1,215,153
70$1,751,362$203,165$7,398$1,287,508
71$1,883,357$166,477$0$1,366,618
72$2,027,347$126,521$0$1,462,354
73$2,184,508$83,092$0$1,568,782
74$2,356,136$35,972$0$1,685,063
75$2,543,657$0$0$1,812,187
76$2,748,642$0$0$1,953,400
77$2,972,820$0$0$2,113,492
78$3,218,095$0$0$2,288,680
79$3,486,562$0$0$2,480,465
80$3,780,529$0$0$2,690,500
81$4,102,539$0$0$2,920,604
82$4,455,390$0$0$3,172,783
83$4,842,166$0$0$3,449,244
84$5,266,260$0$0$3,752,418
85$5,731,414$0$0$4,084,984
86$6,241,745$0$0$4,449,891
87$6,801,790$0$0$4,850,387
88$7,416,547$0$0$5,290,053
89$8,091,519$0$0$5,772,829
90$8,832,771$0$0$6,303,060
91$9,646,982$0$0$6,885,528
92$10,541,511$0$0$7,525,503
93$11,524,463$0$0$8,228,792
94$12,604,769$0$0$9,001,791
95$13,792,269$0$0$9,851,546
96$15,097,800$0$0$10,785,821
97$16,533,305$0$0$11,813,168
98$18,111,941$0$0$12,943,012
99$19,848,204$0$0$14,185,733
100$21,758,063$0$0$15,552,772