Can I retire at age 50 with 465,000?

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 $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%18.1%
1 years$38,399$38,057$37,724$37,398$37,080$35,864
2 years$19,010$18,656$18,312$17,980$17,657$16,444
3 years$12,547$12,192$11,849$11,520$11,202$10,030
4 years$9,317$8,962$8,623$8,299$7,990$6,867
5 years$7,379$7,026$6,692$6,375$6,074$5,003
6 years$6,087$5,738$5,408$5,098$4,806$3,789
7 years$5,165$4,818$4,494$4,191$3,908$2,945
8 years$4,474$4,130$3,811$3,516$3,242$2,331
9 years$3,937$3,596$3,283$2,995$2,731$1,871
10 years$3,507$3,170$2,862$2,582$2,327$1,517
11 years$3,156$2,822$2,520$2,247$2,001$1,240
12 years$2,863$2,533$2,236$1,971$1,734$1,020
13 years$2,616$2,289$1,998$1,740$1,512$844
14 years$2,404$2,081$1,795$1,544$1,325$700
15 years$2,220$1,901$1,621$1,377$1,167$583
16 years$2,060$1,744$1,469$1,233$1,031$487
17 years$1,919$1,606$1,337$1,108$915$408
18 years$1,793$1,484$1,221$999$813$342
19 years$1,681$1,375$1,117$902$725$287
20 years$1,580$1,278$1,025$817$647$242
21 years$1,489$1,190$943$742$579$203
22 years$1,407$1,111$869$674$519$171
23 years$1,331$1,039$803$614$466$145
24 years$1,262$974$742$560$419$122
25 years$1,199$914$688$512$377$103
26 years$1,140$859$638$468$340$87
27 years$1,086$808$592$428$306$74
28 years$1,036$762$550$392$276$62
29 years$990$719$512$360$249$53
30 years$947$679$477$330$225$44
31 years$906$641$445$303$204$38
32 years$868$607$415$279$184$32
33 years$833$575$388$256$167$27
34 years$799$545$362$236$151$23
35 years$768$517$339$217$137$19
36 years$739$490$317$200$124$16
37 years$711$466$296$184$112$14
38 years$684$443$278$170$102$12
39 years$659$421$260$157$92$10
40 years$636$400$244$144$84$8
41 years$613$381$229$133$76$7
42 years$592$363$214$123$69$6
43 years$572$346$201$113$63$5
44 years$552$330$189$105$57$4
45 years$534$314$177$97$52$4
46 years$517$300$167$89$47$3
47 years$500$286$156$83$43$3
48 years$484$273$147$76$39$2
49 years$469$261$138$71$35$2
50 years$454$249$130$65$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $465,000, adding $4,546 every year, while hoping to spend $39,472 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: 61/33/6 Blend
49$465,000$465,000$465,000$465,000
50$517,119$492,474$485,267$547,812
51$527,867$474,608$459,525$551,010
52$538,389$454,542$431,598$549,511
53$548,619$432,130$401,372$546,865
54$558,485$407,211$368,725$542,960
55$567,906$379,619$333,532$537,676
56$576,790$349,178$295,663$530,882
57$585,035$315,700$254,980$522,437
58$592,527$278,989$211,341$512,187
59$599,141$238,834$164,596$499,966
60$604,733$195,017$114,590$485,592
61$609,147$147,304$61,159$468,870
62$612,206$95,449$4,135$449,585
63$613,718$39,192$0$427,506
64$613,464$0$0$406,012
65$611,204$0$0$389,612
66$606,671$0$0$385,896
67$599,570$0$0$380,432
68$589,571$0$0$372,998
69$576,311$0$0$363,350
70$559,387$0$0$351,215
71$538,351$0$0$336,293
72$512,710$0$0$318,250
73$481,916$0$0$296,718
74$445,364$0$0$271,289
75$402,383$0$0$241,512
76$352,234$0$0$206,888
77$294,097$0$0$166,865
78$227,067$0$0$120,835
79$150,143$0$0$68,124
80$62,221$0$0$7,987
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$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