Can I retire at age 50 with 467,000?

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 $467,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$38,564$38,221$37,886$37,559$37,239$36,607
2 years$19,091$18,736$18,391$18,057$17,733$17,098
3 years$12,601$12,244$11,900$11,569$11,251$10,633
4 years$9,357$9,001$8,660$8,335$8,024$7,428
5 years$7,410$7,057$6,721$6,402$6,100$5,527
6 years$6,113$5,762$5,431$5,120$4,826$4,278
7 years$5,187$4,839$4,514$4,209$3,925$3,401
8 years$4,493$4,148$3,828$3,531$3,256$2,756
9 years$3,953$3,612$3,297$3,008$2,742$2,266
10 years$3,522$3,183$2,874$2,593$2,337$1,884
11 years$3,169$2,834$2,531$2,256$2,010$1,580
12 years$2,875$2,544$2,246$1,979$1,741$1,334
13 years$2,627$2,299$2,006$1,747$1,519$1,133
14 years$2,414$2,089$1,803$1,551$1,331$967
15 years$2,230$1,909$1,628$1,383$1,172$828
16 years$2,069$1,751$1,476$1,239$1,036$712
17 years$1,927$1,613$1,343$1,113$918$613
18 years$1,801$1,490$1,226$1,003$817$530
19 years$1,688$1,381$1,122$906$728$458
20 years$1,587$1,284$1,030$821$650$397
21 years$1,496$1,196$947$745$582$345
22 years$1,413$1,116$873$677$522$300
23 years$1,337$1,044$806$617$468$261
24 years$1,268$978$746$563$421$227
25 years$1,204$918$691$514$379$198
26 years$1,145$863$640$470$341$173
27 years$1,091$812$595$430$308$151
28 years$1,041$765$553$394$277$132
29 years$994$722$514$361$251$115
30 years$951$681$479$332$226$101
31 years$910$644$447$304$205$88
32 years$872$610$417$280$185$77
33 years$836$577$389$257$168$67
34 years$803$547$364$237$152$59
35 years$771$519$340$218$137$52
36 years$742$493$318$201$124$45
37 years$714$468$298$185$113$39
38 years$687$445$279$170$102$35
39 years$662$423$261$157$93$30
40 years$638$402$245$145$84$27
41 years$616$383$230$134$76$23
42 years$595$365$215$123$69$20
43 years$574$347$202$114$63$18
44 years$555$331$190$105$57$16
45 years$536$316$178$97$52$14
46 years$519$301$167$90$47$12
47 years$502$287$157$83$43$11
48 years$486$274$148$77$39$9
49 years$471$262$139$71$35$8
50 years$456$250$130$65$32$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $467,000, adding $5,661 every year, while hoping to spend $24,281 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: 37/48/15 Blend
49$467,000$467,000$467,000$467,000
50$520,473$495,722$488,484$537,164
51$547,727$494,178$479,013$548,130
52$576,946$491,744$468,412$557,229
53$608,307$488,351$456,615$566,535
54$642,000$483,927$443,558$576,078
55$678,237$478,392$429,170$585,895
56$717,249$471,665$413,379$596,028
57$759,290$463,658$396,109$606,523
58$804,639$454,278$377,279$617,437
59$853,602$443,428$356,808$628,831
60$906,516$431,003$334,608$640,778
61$963,752$416,894$310,589$653,359
62$1,025,716$400,983$284,655$666,666
63$1,092,856$383,148$256,708$680,805
64$1,165,664$363,258$226,644$695,894
65$1,244,680$341,176$194,355$712,068
66$1,330,499$316,756$159,728$729,479
67$1,423,776$289,843$122,645$748,298
68$1,525,231$260,275$82,983$768,717
69$1,635,655$227,879$40,613$790,952
70$1,755,920$192,473$0$815,247
71$1,886,985$153,866$0$842,611
72$2,029,906$111,854$0$879,597
73$2,185,844$66,222$0$920,064
74$2,356,077$16,744$0$964,419
75$2,542,014$0$0$1,013,116
76$2,745,203$0$0$1,086,105
77$2,967,350$0$0$1,175,637
78$3,210,333$0$0$1,273,632
79$3,476,221$0$0$1,380,931
80$3,767,290$0$0$1,498,463
81$4,086,047$0$0$1,627,248
82$4,435,255$0$0$1,768,412
83$4,817,953$0$0$1,923,193
84$5,237,490$0$0$2,092,955
85$5,697,556$0$0$2,279,201
86$6,202,213$0$0$2,483,586
87$6,755,935$0$0$2,707,933
88$7,363,651$0$0$2,954,251
89$8,030,790$0$0$3,224,752
90$8,763,333$0$0$3,521,873
91$9,567,868$0$0$3,848,299
92$10,451,652$0$0$4,206,986
93$11,422,679$0$0$4,601,194
94$12,489,757$0$0$5,034,511
95$13,662,588$0$0$5,510,893
96$14,951,864$0$0$6,034,695
97$16,369,359$0$0$6,610,719
98$17,928,051$0$0$7,244,252
99$19,642,232$0$0$7,941,122
100$21,527,654$0$0$8,707,748