Can I retire at age 50 with 476,000?

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 $476,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$39,308$38,958$38,616$38,282$37,957$36,596
2 years$19,459$19,097$18,746$18,405$18,075$16,718
3 years$12,844$12,480$12,130$11,792$11,467$10,158
4 years$9,537$9,174$8,827$8,496$8,179$6,926
5 years$7,553$7,193$6,850$6,525$6,217$5,025
6 years$6,231$5,873$5,536$5,218$4,919$3,789
7 years$5,287$4,932$4,601$4,290$4,001$2,931
8 years$4,580$4,228$3,902$3,599$3,319$2,310
9 years$4,030$3,681$3,360$3,066$2,795$1,845
10 years$3,590$3,245$2,930$2,643$2,382$1,488
11 years$3,230$2,889$2,579$2,300$2,048$1,210
12 years$2,931$2,593$2,289$2,017$1,775$990
13 years$2,678$2,343$2,045$1,781$1,548$814
14 years$2,461$2,130$1,838$1,581$1,357$672
15 years$2,273$1,946$1,659$1,410$1,195$557
16 years$2,109$1,785$1,504$1,262$1,056$462
17 years$1,964$1,644$1,369$1,134$936$385
18 years$1,836$1,519$1,249$1,022$832$321
19 years$1,721$1,408$1,144$924$742$268
20 years$1,618$1,308$1,050$837$663$224
21 years$1,525$1,219$966$759$593$187
22 years$1,440$1,138$890$690$532$157
23 years$1,363$1,064$822$629$477$131
24 years$1,292$997$760$573$429$110
25 years$1,227$935$704$524$386$92
26 years$1,167$879$653$479$348$78
27 years$1,112$827$606$438$313$65
28 years$1,061$780$564$402$283$55
29 years$1,013$736$524$368$255$46
30 years$969$695$488$338$231$39
31 years$928$657$455$310$209$32
32 years$889$621$425$285$189$27
33 years$852$588$397$262$171$23
34 years$818$558$371$241$155$19
35 years$786$529$347$222$140$16
36 years$756$502$324$205$127$14
37 years$727$477$303$189$115$11
38 years$700$453$284$174$104$10
39 years$675$431$266$160$95$8
40 years$651$410$250$148$86$7
41 years$628$390$234$136$78$6
42 years$606$372$219$126$71$5
43 years$585$354$206$116$64$4
44 years$566$338$193$107$58$3
45 years$547$322$182$99$53$3
46 years$529$307$170$91$48$2
47 years$512$293$160$85$44$2
48 years$495$280$151$78$40$2
49 years$480$267$141$72$36$1
50 years$465$255$133$67$33$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $476,000, adding $5,932 every year, while hoping to spend $34,687 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: 47/23/30 Blend
49$476,000$476,000$476,000$476,000
50$530,671$505,443$498,065$550,805
51$547,893$493,303$477,843$553,506
52$565,708$479,405$455,782$552,621
53$584,142$463,628$431,782$551,004
54$603,219$445,840$405,741$548,605
55$622,966$425,905$377,552$545,371
56$643,411$403,677$347,103$541,248
57$664,584$379,002$314,276$536,177
58$686,517$351,718$278,949$530,097
59$709,242$321,652$240,994$522,946
60$732,795$288,624$200,277$514,655
61$757,213$252,440$156,660$505,155
62$782,537$212,897$109,996$494,373
63$808,809$169,782$60,134$482,231
64$836,073$122,868$6,915$468,649
65$864,379$71,914$0$453,544
66$893,777$16,670$0$452,794
67$924,323$0$0$453,741
68$956,075$0$0$465,047
69$989,096$0$0$481,200
70$1,023,453$0$0$498,016
71$1,059,219$0$0$515,530
72$1,096,471$0$0$533,782
73$1,135,294$0$0$552,815
74$1,175,776$0$0$572,674
75$1,218,015$0$0$593,407
76$1,262,115$0$0$615,069
77$1,308,188$0$0$637,715
78$1,356,358$0$0$661,409
79$1,406,755$0$0$686,217
80$1,459,522$0$0$712,211
81$1,514,813$0$0$739,471
82$1,572,797$0$0$768,082
83$1,633,654$0$0$798,137
84$1,697,582$0$0$829,736
85$1,764,795$0$0$862,989
86$1,835,528$0$0$898,015
87$1,910,032$0$0$934,945
88$1,988,586$0$0$973,919
89$2,071,489$0$0$1,015,093
90$2,159,071$0$0$1,058,634
91$2,251,689$0$0$1,104,726
92$2,349,735$0$0$1,153,570
93$2,453,635$0$0$1,205,385
94$2,563,856$0$0$1,260,411
95$2,680,908$0$0$1,318,911
96$2,805,349$0$0$1,381,170
97$2,937,789$0$0$1,447,503
98$3,078,896$0$0$1,518,254
99$3,229,402$0$0$1,593,800
100$3,390,108$0$0$1,674,552