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%14.7%
1 years$38,399$38,057$37,724$37,398$37,080$36,361
2 years$19,010$18,656$18,312$17,980$17,657$16,936
3 years$12,547$12,192$11,849$11,520$11,202$10,501
4 years$9,317$8,962$8,623$8,299$7,990$7,314
5 years$7,379$7,026$6,692$6,375$6,074$5,425
6 years$6,087$5,738$5,408$5,098$4,806$4,185
7 years$5,165$4,818$4,494$4,191$3,908$3,316
8 years$4,474$4,130$3,811$3,516$3,242$2,678
9 years$3,937$3,596$3,283$2,995$2,731$2,194
10 years$3,507$3,170$2,862$2,582$2,327$1,817
11 years$3,156$2,822$2,520$2,247$2,001$1,518
12 years$2,863$2,533$2,236$1,971$1,734$1,277
13 years$2,616$2,289$1,998$1,740$1,512$1,080
14 years$2,404$2,081$1,795$1,544$1,325$918
15 years$2,220$1,901$1,621$1,377$1,167$783
16 years$2,060$1,744$1,469$1,233$1,031$670
17 years$1,919$1,606$1,337$1,108$915$575
18 years$1,793$1,484$1,221$999$813$495
19 years$1,681$1,375$1,117$902$725$426
20 years$1,580$1,278$1,025$817$647$368
21 years$1,489$1,190$943$742$579$318
22 years$1,407$1,111$869$674$519$275
23 years$1,331$1,039$803$614$466$238
24 years$1,262$974$742$560$419$206
25 years$1,199$914$688$512$377$179
26 years$1,140$859$638$468$340$156
27 years$1,086$808$592$428$306$135
28 years$1,036$762$550$392$276$117
29 years$990$719$512$360$249$102
30 years$947$679$477$330$225$89
31 years$906$641$445$303$204$77
32 years$868$607$415$279$184$67
33 years$833$575$388$256$167$58
34 years$799$545$362$236$151$51
35 years$768$517$339$217$137$44
36 years$739$490$317$200$124$39
37 years$711$466$296$184$112$34
38 years$684$443$278$170$102$29
39 years$659$421$260$157$92$26
40 years$636$400$244$144$84$22
41 years$613$381$229$133$76$19
42 years$592$363$214$123$69$17
43 years$572$346$201$113$63$15
44 years$552$330$189$105$57$13
45 years$534$314$177$97$52$11
46 years$517$300$167$89$47$10
47 years$500$286$156$83$43$8
48 years$484$273$147$76$39$7
49 years$469$261$138$71$35$6
50 years$454$249$130$65$32$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $465,000, adding $6,516 every year, while hoping to spend $32,175 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: 57/19/24 Blend
49$465,000$465,000$465,000$465,000
50$519,151$494,506$487,299$545,022
51$537,871$484,503$469,389$553,436
52$557,421$472,931$449,802$558,633
53$577,854$459,680$428,445$563,613
54$599,223$444,633$405,226$568,364
55$621,588$427,664$380,046$572,874
56$645,013$408,643$352,801$577,132
57$669,569$387,431$323,384$581,127
58$695,331$363,881$291,683$584,850
59$722,380$337,837$257,580$588,292
60$750,806$309,134$220,952$591,446
61$780,706$277,600$181,672$594,307
62$812,186$243,050$139,606$596,872
63$845,360$205,290$94,613$599,138
64$880,353$164,115$46,549$601,108
65$917,301$119,309$0$602,787
66$956,353$70,643$0$605,397
67$997,672$17,875$0$620,538
68$1,041,433$0$0$636,335
69$1,087,832$0$0$661,063
70$1,137,078$0$0$691,296
71$1,189,404$0$0$723,441
72$1,245,061$0$0$757,656
73$1,304,328$0$0$794,114
74$1,367,506$0$0$833,006
75$1,434,927$0$0$874,538
76$1,506,956$0$0$918,937
77$1,583,990$0$0$966,455
78$1,666,466$0$0$1,017,363
79$1,754,863$0$0$1,071,963
80$1,849,707$0$0$1,130,582
81$1,951,575$0$0$1,193,584
82$2,061,098$0$0$1,261,363
83$2,178,973$0$0$1,334,356
84$2,305,961$0$0$1,413,040
85$2,442,901$0$0$1,497,942
86$2,590,714$0$0$1,589,638
87$2,750,411$0$0$1,688,763
88$2,923,103$0$0$1,796,013
89$3,110,013$0$0$1,912,155
90$3,312,483$0$0$2,038,032
91$3,531,990$0$0$2,174,569
92$3,770,159$0$0$2,322,786
93$4,028,775$0$0$2,483,802
94$4,309,802$0$0$2,658,852
95$4,615,403$0$0$2,849,290
96$4,947,953$0$0$3,056,609
97$5,310,070$0$0$3,282,450
98$5,704,632$0$0$3,528,620
99$6,134,806$0$0$3,797,107
100$6,604,080$0$0$4,090,099