Can I retire at age 50 with 464,000?

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 $464,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$38,317$37,975$37,642$37,317$37,000$35,602
2 years$18,969$18,615$18,273$17,941$17,619$16,227
3 years$12,520$12,165$11,824$11,495$11,178$9,836
4 years$9,297$8,943$8,605$8,282$7,972$6,690
5 years$7,363$7,011$6,678$6,361$6,061$4,841
6 years$6,074$5,725$5,397$5,087$4,795$3,640
7 years$5,154$4,808$4,485$4,182$3,900$2,808
8 years$4,464$4,121$3,803$3,508$3,235$2,206
9 years$3,928$3,588$3,276$2,988$2,725$1,756
10 years$3,499$3,163$2,856$2,576$2,322$1,413
11 years$3,149$2,816$2,514$2,242$1,997$1,145
12 years$2,857$2,527$2,231$1,966$1,730$934
13 years$2,610$2,284$1,994$1,736$1,509$765
14 years$2,399$2,076$1,791$1,541$1,323$630
15 years$2,216$1,897$1,617$1,374$1,165$520
16 years$2,056$1,740$1,466$1,231$1,029$430
17 years$1,915$1,603$1,334$1,106$913$357
18 years$1,789$1,481$1,218$996$811$296
19 years$1,678$1,372$1,115$900$723$246
20 years$1,577$1,275$1,023$815$646$205
21 years$1,486$1,188$941$740$578$171
22 years$1,404$1,109$867$673$518$143
23 years$1,328$1,037$801$613$465$119
24 years$1,260$972$741$559$418$99
25 years$1,196$912$686$510$376$83
26 years$1,138$857$636$467$339$69
27 years$1,084$807$591$427$306$58
28 years$1,034$760$549$391$276$49
29 years$988$717$511$359$249$41
30 years$945$677$476$329$225$34
31 years$904$640$444$303$203$28
32 years$866$606$414$278$184$24
33 years$831$574$387$256$166$20
34 years$798$544$361$235$151$17
35 years$766$516$338$217$137$14
36 years$737$489$316$199$124$12
37 years$709$465$296$184$112$10
38 years$683$442$277$169$102$8
39 years$658$420$259$156$92$7
40 years$634$400$243$144$84$6
41 years$612$380$228$133$76$5
42 years$591$362$214$123$69$4
43 years$571$345$201$113$62$3
44 years$551$329$188$105$57$3
45 years$533$314$177$97$51$2
46 years$515$299$166$89$47$2
47 years$499$286$156$82$42$2
48 years$483$273$147$76$39$1
49 years$468$260$138$70$35$1
50 years$453$249$130$65$32$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $464,000, adding $2,981 every year, while hoping to spend $22,335 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: 34/44/22 Blend
49$464,000$464,000$464,000$464,000
50$514,403$489,811$482,619$528,351
51$543,108$490,047$475,022$539,195
52$573,992$489,547$466,423$548,628
53$607,254$488,250$456,763$558,345
54$643,112$486,092$445,983$568,384
55$681,807$483,008$434,020$578,791
56$723,601$478,925$420,810$589,616
57$768,783$473,767$406,282$600,917
58$817,673$467,456$390,366$612,760
59$870,619$459,905$372,987$625,221
60$928,007$451,024$354,066$638,383
61$990,258$440,719$333,522$652,342
62$1,057,838$428,888$311,269$667,208
63$1,131,259$415,425$287,218$683,101
64$1,211,082$400,215$261,274$700,160
65$1,297,927$383,141$233,342$718,538
66$1,392,474$364,073$203,318$738,409
67$1,495,474$342,880$171,096$759,969
68$1,607,749$319,419$136,565$783,434
69$1,730,209$293,539$99,609$809,051
70$1,863,851$265,084$60,107$837,091
71$2,009,776$233,884$17,932$867,862
72$2,169,192$199,764$0$901,706
73$2,343,434$162,536$0$945,359
74$2,533,967$122,003$0$997,797
75$2,742,407$77,957$0$1,055,315
76$2,970,531$30,176$0$1,118,477
77$3,220,300$0$0$1,187,909
78$3,493,867$0$0$1,274,751
79$3,793,610$0$0$1,385,977
80$4,122,142$0$0$1,507,955
81$4,482,344$0$0$1,641,765
82$4,877,389$0$0$1,788,594
83$5,310,771$0$0$1,949,749
84$5,786,338$0$0$2,126,672
85$6,308,330$0$0$2,320,949
86$6,881,416$0$0$2,534,329
87$7,510,740$0$0$2,768,738
88$8,201,969$0$0$3,026,298
89$8,961,346$0$0$3,309,347
90$9,795,746$0$0$3,620,459
91$10,712,746$0$0$3,962,471
92$11,720,691$0$0$4,338,510
93$12,828,777$0$0$4,752,018
94$14,047,134$0$0$5,206,790
95$15,386,923$0$0$5,707,006
96$16,860,441$0$0$6,257,271
97$18,481,234$0$0$6,862,660
98$20,264,231$0$0$7,528,764
99$22,225,878$0$0$8,261,743
100$24,384,296$0$0$9,068,385