Can I retire at age 50 with 465,000?

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 $465,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$38,399$38,057$37,724$37,398$37,080$36,892
2 years$19,010$18,656$18,312$17,980$17,657$17,468
3 years$12,547$12,192$11,849$11,520$11,202$11,017
4 years$9,317$8,962$8,623$8,299$7,990$7,810
5 years$7,379$7,026$6,692$6,375$6,074$5,900
6 years$6,087$5,738$5,408$5,098$4,806$4,639
7 years$5,165$4,818$4,494$4,191$3,908$3,748
8 years$4,474$4,130$3,811$3,516$3,242$3,088
9 years$3,937$3,596$3,283$2,995$2,731$2,583
10 years$3,507$3,170$2,862$2,582$2,327$2,185
11 years$3,156$2,822$2,520$2,247$2,001$1,866
12 years$2,863$2,533$2,236$1,971$1,734$1,605
13 years$2,616$2,289$1,998$1,740$1,512$1,389
14 years$2,404$2,081$1,795$1,544$1,325$1,208
15 years$2,220$1,901$1,621$1,377$1,167$1,055
16 years$2,060$1,744$1,469$1,233$1,031$925
17 years$1,919$1,606$1,337$1,108$915$814
18 years$1,793$1,484$1,221$999$813$717
19 years$1,681$1,375$1,117$902$725$634
20 years$1,580$1,278$1,025$817$647$562
21 years$1,489$1,190$943$742$579$498
22 years$1,407$1,111$869$674$519$443
23 years$1,331$1,039$803$614$466$394
24 years$1,262$974$742$560$419$351
25 years$1,199$914$688$512$377$313
26 years$1,140$859$638$468$340$279
27 years$1,086$808$592$428$306$249
28 years$1,036$762$550$392$276$223
29 years$990$719$512$360$249$199
30 years$947$679$477$330$225$178
31 years$906$641$445$303$204$160
32 years$868$607$415$279$184$143
33 years$833$575$388$256$167$128
34 years$799$545$362$236$151$115
35 years$768$517$339$217$137$103
36 years$739$490$317$200$124$92
37 years$711$466$296$184$112$83
38 years$684$443$278$170$102$74
39 years$659$421$260$157$92$67
40 years$636$400$244$144$84$60
41 years$613$381$229$133$76$54
42 years$592$363$214$123$69$48
43 years$572$346$201$113$63$43
44 years$552$330$189$105$57$39
45 years$534$314$177$97$52$35
46 years$517$300$167$89$47$32
47 years$500$286$156$83$43$28
48 years$484$273$147$76$39$25
49 years$469$261$138$71$35$23
50 years$454$249$130$65$32$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $465,000, adding $5,317 every year, while hoping to spend $20,295 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: 39/31/30 Blend
49$465,000$465,000$465,000$465,000
50$517,914$493,269$486,062$533,343
51$549,148$495,846$480,751$547,718
52$582,887$497,868$474,583$561,008
53$619,366$499,288$467,506$574,999
54$658,842$500,054$459,468$589,769
55$701,598$500,111$450,414$605,404
56$747,945$499,401$440,287$622,003
57$798,226$497,861$429,027$639,672
58$852,815$495,427$416,569$658,533
59$912,128$492,028$402,850$678,720
60$976,619$487,591$387,799$700,384
61$1,046,788$482,038$371,345$723,692
62$1,123,187$475,285$353,412$748,831
63$1,206,423$467,244$333,921$776,009
64$1,297,161$457,822$312,791$805,455
65$1,396,137$446,920$289,935$837,427
66$1,504,158$434,435$265,263$872,211
67$1,622,114$420,254$238,681$910,124
68$1,750,985$404,261$210,092$951,518
69$1,891,848$386,333$179,392$996,784
70$2,045,890$366,337$146,476$1,046,357
71$2,214,418$344,135$111,230$1,100,719
72$2,398,871$319,580$73,539$1,160,405
73$2,600,834$292,518$33,281$1,226,007
74$2,822,052$262,783$0$1,298,182
75$3,064,445$230,204$0$1,380,759
76$3,330,131$194,596$0$1,483,016
77$3,621,440$155,767$0$1,595,226
78$3,940,939$113,511$0$1,718,425
79$4,291,455$67,614$0$1,853,760
80$4,676,103$17,847$0$2,002,493
81$5,098,313$0$0$2,166,020
82$5,561,863$0$0$2,358,173
83$6,070,917$0$0$2,575,940
84$6,630,059$0$0$2,815,202
85$7,244,341$0$0$3,078,128
86$7,919,327$0$0$3,367,110
87$8,661,148$0$0$3,684,782
88$9,476,557$0$0$4,034,044
89$10,372,994$0$0$4,418,093
90$11,358,658$0$0$4,840,451
91$12,442,580$0$0$5,304,999
92$13,634,710$0$0$5,816,011
93$14,946,011$0$0$6,378,199
94$16,388,562$0$0$6,996,752
95$17,975,673$0$0$7,677,388
96$19,722,006$0$0$8,426,409
97$21,643,719$0$0$9,250,757
98$23,758,614$0$0$10,158,081
99$26,086,307$0$0$11,156,810
100$28,648,409$0$0$12,256,232