Can I retire at age 50 with 464,000?

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 $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%13.2%
1 years$38,317$37,975$37,642$37,317$37,000$36,507
2 years$18,969$18,615$18,273$17,941$17,619$17,124
3 years$12,520$12,165$11,824$11,495$11,178$10,695
4 years$9,297$8,943$8,605$8,282$7,972$7,506
5 years$7,363$7,011$6,678$6,361$6,061$5,611
6 years$6,074$5,725$5,397$5,087$4,795$4,364
7 years$5,154$4,808$4,485$4,182$3,900$3,487
8 years$4,464$4,121$3,803$3,508$3,235$2,841
9 years$3,928$3,588$3,276$2,988$2,725$2,348
10 years$3,499$3,163$2,856$2,576$2,322$1,963
11 years$3,149$2,816$2,514$2,242$1,997$1,655
12 years$2,857$2,527$2,231$1,966$1,730$1,406
13 years$2,610$2,284$1,994$1,736$1,509$1,201
14 years$2,399$2,076$1,791$1,541$1,323$1,031
15 years$2,216$1,897$1,617$1,374$1,165$889
16 years$2,056$1,740$1,466$1,231$1,029$769
17 years$1,915$1,603$1,334$1,106$913$667
18 years$1,789$1,481$1,218$996$811$579
19 years$1,678$1,372$1,115$900$723$505
20 years$1,577$1,275$1,023$815$646$441
21 years$1,486$1,188$941$740$578$385
22 years$1,404$1,109$867$673$518$337
23 years$1,328$1,037$801$613$465$295
24 years$1,260$972$741$559$418$259
25 years$1,196$912$686$510$376$227
26 years$1,138$857$636$467$339$200
27 years$1,084$807$591$427$306$176
28 years$1,034$760$549$391$276$155
29 years$988$717$511$359$249$136
30 years$945$677$476$329$225$120
31 years$904$640$444$303$203$105
32 years$866$606$414$278$184$93
33 years$831$574$387$256$166$82
34 years$798$544$361$235$151$72
35 years$766$516$338$217$137$64
36 years$737$489$316$199$124$56
37 years$709$465$296$184$112$50
38 years$683$442$277$169$102$44
39 years$658$420$259$156$92$39
40 years$634$400$243$144$84$34
41 years$612$380$228$133$76$30
42 years$591$362$214$123$69$27
43 years$571$345$201$113$62$23
44 years$551$329$188$105$57$21
45 years$533$314$177$97$51$18
46 years$515$299$166$89$47$16
47 years$499$286$156$82$42$14
48 years$483$273$147$76$39$13
49 years$468$260$138$70$35$11
50 years$453$249$130$65$32$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $464,000, adding $3,996 every year, while hoping to spend $36,177 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: 56/23/21 Blend
49$464,000$464,000$464,000$464,000
50$515,450$490,858$483,666$541,185
51$529,534$476,418$461,377$544,769
52$543,842$460,058$437,128$544,481
53$558,358$441,645$410,817$543,380
54$573,065$421,041$382,334$541,401
55$587,942$398,096$351,566$538,468
56$602,963$372,654$318,395$534,504
57$618,101$344,549$282,696$529,424
58$633,322$313,607$244,342$523,138
59$648,590$279,642$203,195$515,548
60$663,860$242,459$159,117$506,552
61$679,086$201,851$111,959$496,036
62$694,211$157,600$61,568$483,881
63$709,173$109,475$7,783$469,959
64$723,902$57,233$0$454,131
65$738,319$616$0$447,365
66$752,335$0$0$440,969
67$765,849$0$0$448,414
68$778,751$0$0$455,613
69$790,914$0$0$462,333
70$802,199$0$0$468,486
71$812,449$0$0$473,974
72$821,490$0$0$478,691
73$829,128$0$0$482,514
74$835,146$0$0$485,309
75$839,304$0$0$486,927
76$841,333$0$0$487,202
77$840,936$0$0$485,949
78$837,783$0$0$482,964
79$831,507$0$0$478,018
80$821,702$0$0$470,861
81$807,916$0$0$461,212
82$789,649$0$0$448,762
83$766,348$0$0$433,169
84$737,400$0$0$414,051
85$702,124$0$0$390,990
86$659,770$0$0$363,520
87$609,505$0$0$331,126
88$550,410$0$0$293,240
89$481,468$0$0$249,231
90$401,554$0$0$198,406
91$309,424$0$0$139,995
92$203,704$0$0$73,148
93$82,877$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0