Can I retire at age 50 with 473,000?

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 $473,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$39,060$38,712$38,373$38,041$37,718$36,941
2 years$19,337$18,976$18,627$18,289$17,961$17,182
3 years$12,763$12,401$12,053$11,718$11,395$10,638
4 years$9,477$9,116$8,772$8,442$8,127$7,398
5 years$7,506$7,147$6,807$6,484$6,178$5,479
6 years$6,192$5,836$5,501$5,186$4,888$4,220
7 years$5,254$4,901$4,572$4,263$3,976$3,338
8 years$4,551$4,201$3,877$3,576$3,298$2,691
9 years$4,004$3,658$3,339$3,046$2,778$2,201
10 years$3,567$3,224$2,911$2,626$2,367$1,819
11 years$3,210$2,870$2,563$2,285$2,035$1,517
12 years$2,912$2,576$2,275$2,005$1,764$1,274
13 years$2,661$2,328$2,032$1,770$1,538$1,075
14 years$2,445$2,116$1,826$1,571$1,348$912
15 years$2,259$1,933$1,649$1,401$1,187$776
16 years$2,096$1,774$1,495$1,254$1,049$663
17 years$1,952$1,634$1,360$1,127$930$568
18 years$1,824$1,510$1,242$1,016$827$487
19 years$1,710$1,399$1,137$918$737$419
20 years$1,608$1,300$1,043$831$659$361
21 years$1,515$1,211$959$754$589$311
22 years$1,431$1,130$884$686$528$268
23 years$1,354$1,057$817$625$474$232
24 years$1,284$991$755$570$426$201
25 years$1,219$930$699$520$384$174
26 years$1,160$874$649$476$345$150
27 years$1,105$822$602$435$311$130
28 years$1,054$775$560$399$281$113
29 years$1,007$731$521$366$254$98
30 years$963$690$485$336$229$85
31 years$922$653$452$308$207$74
32 years$883$617$422$283$188$64
33 years$847$585$394$261$170$56
34 years$813$554$368$240$154$48
35 years$781$526$344$221$139$42
36 years$751$499$322$203$126$36
37 years$723$474$302$187$114$32
38 years$696$450$282$173$104$27
39 years$671$428$265$159$94$24
40 years$647$407$248$147$85$21
41 years$624$388$232$135$77$18
42 years$602$369$218$125$70$16
43 years$582$352$205$115$64$14
44 years$562$335$192$107$58$12
45 years$543$320$180$98$52$10
46 years$525$305$169$91$48$9
47 years$508$291$159$84$43$8
48 years$492$278$150$78$39$7
49 years$477$265$141$72$36$6
50 years$462$254$132$66$32$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $473,000, adding $6,429 every year, while hoping to spend $27,741 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: 40/49/11 Blend
49$473,000$473,000$473,000$473,000
50$527,878$502,809$495,477$547,011
51$552,205$497,930$482,559$556,234
52$578,084$491,883$468,279$562,974
53$605,643$484,580$452,561$569,647
54$635,025$475,930$435,328$576,261
55$666,382$465,836$416,497$582,824
56$699,886$454,194$395,982$589,348
57$735,722$440,897$373,695$595,850
58$774,092$425,828$349,540$602,349
59$815,222$408,866$323,422$608,870
60$859,355$389,880$295,237$615,442
61$906,760$368,736$264,878$622,103
62$957,733$345,287$232,235$628,895
63$1,012,597$319,382$197,191$635,869
64$1,071,709$290,858$159,623$643,085
65$1,135,458$259,545$119,406$650,614
66$1,204,275$225,263$76,406$658,537
67$1,278,630$187,820$30,485$666,948
68$1,359,042$147,015$0$675,955
69$1,446,082$102,636$0$687,858
70$1,540,374$54,457$0$704,584
71$1,642,609$2,242$0$722,734
72$1,753,542$0$0$742,512
73$1,874,007$0$0$793,407
74$2,004,920$0$0$850,085
75$2,147,289$0$0$911,780
76$2,302,222$0$0$978,980
77$2,470,940$0$0$1,052,222
78$2,654,784$0$0$1,132,096
79$2,855,233$0$0$1,219,253
80$3,073,912$0$0$1,314,407
81$3,312,610$0$0$1,418,348
82$3,573,298$0$0$1,531,941
83$3,858,145$0$0$1,656,141
84$4,169,537$0$0$1,792,000
85$4,510,104$0$0$1,940,675
86$4,882,741$0$0$2,103,441
87$5,290,633$0$0$2,281,701
88$5,737,290$0$0$2,476,999
89$6,226,578$0$0$2,691,039
90$6,762,751$0$0$2,925,695
91$7,350,498$0$0$3,183,031
92$7,994,980$0$0$3,465,321
93$8,701,884$0$0$3,775,070
94$9,477,471$0$0$4,115,036
95$10,328,639$0$0$4,488,258
96$11,262,988$0$0$4,898,084
97$12,288,886$0$0$5,348,201
98$13,415,554$0$0$5,842,671
99$14,653,148$0$0$6,385,968
100$16,012,856$0$0$6,983,024