Can I retire at age 50 with 478,000?

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 $478,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$39,473$39,121$38,778$38,443$38,116$37,956
2 years$19,541$19,177$18,824$18,482$18,151$17,989
3 years$12,898$12,532$12,181$11,842$11,516$11,357
4 years$9,577$9,213$8,864$8,531$8,213$8,059
5 years$7,585$7,223$6,879$6,553$6,243$6,095
6 years$6,257$5,898$5,559$5,240$4,940$4,797
7 years$5,310$4,953$4,620$4,308$4,018$3,880
8 years$4,599$4,246$3,918$3,614$3,333$3,200
9 years$4,047$3,697$3,375$3,079$2,807$2,680
10 years$3,605$3,258$2,942$2,654$2,392$2,270
11 years$3,244$2,901$2,590$2,310$2,057$1,940
12 years$2,943$2,604$2,299$2,026$1,782$1,671
13 years$2,689$2,353$2,054$1,788$1,554$1,448
14 years$2,471$2,139$1,845$1,588$1,363$1,261
15 years$2,283$1,954$1,666$1,416$1,200$1,103
16 years$2,118$1,793$1,510$1,268$1,060$969
17 years$1,972$1,651$1,374$1,139$940$853
18 years$1,843$1,525$1,255$1,027$836$753
19 years$1,728$1,414$1,149$928$745$667
20 years$1,625$1,314$1,054$840$665$591
21 years$1,531$1,224$970$762$596$525
22 years$1,446$1,142$894$693$534$467
23 years$1,368$1,068$825$631$479$416
24 years$1,298$1,001$763$576$431$371
25 years$1,232$939$707$526$388$332
26 years$1,172$883$656$481$349$297
27 years$1,117$831$609$440$315$265
28 years$1,065$783$566$403$284$237
29 years$1,018$739$527$370$256$213
30 years$973$698$491$339$232$191
31 years$931$659$457$312$209$171
32 years$893$624$427$286$190$153
33 years$856$591$398$263$172$138
34 years$822$560$372$242$155$124
35 years$790$531$348$223$141$111
36 years$759$504$326$205$127$100
37 years$731$479$305$189$115$90
38 years$703$455$285$174$105$81
39 years$678$433$267$161$95$73
40 years$654$412$251$148$86$65
41 years$630$392$235$137$78$59
42 years$609$373$220$126$71$53
43 years$588$356$207$117$64$48
44 years$568$339$194$108$58$43
45 years$549$323$182$99$53$38
46 years$531$308$171$92$48$35
47 years$514$294$161$85$44$31
48 years$497$281$151$78$40$28
49 years$482$268$142$72$36$25
50 years$467$256$134$67$33$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $478,000, adding $3,375 every year, while hoping to spend $41,772 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: 35/35/30 Blend
49$478,000$478,000$478,000$478,000
50$530,237$504,903$497,494$543,917
51$539,876$485,198$469,715$534,802
52$549,099$463,128$439,606$521,008
53$557,818$438,532$407,043$505,336
54$565,936$411,241$371,900$487,645
55$573,346$381,077$334,044$467,787
56$579,927$347,849$293,334$445,603
57$585,545$311,359$249,625$420,924
58$590,049$271,394$202,766$393,565
59$593,273$227,731$152,598$363,333
60$595,031$180,135$98,955$330,017
61$595,118$128,355$41,664$293,393
62$593,305$72,129$0$253,220
63$589,338$11,179$0$215,475
64$582,935$0$0$188,283
65$573,783$0$0$179,161
66$561,537$0$0$173,110
67$545,812$0$0$165,675
68$526,184$0$0$156,692
69$502,182$0$0$145,977
70$473,285$0$0$133,329
71$438,917$0$0$118,522
72$398,440$0$0$101,311
73$351,148$0$0$81,421
74$296,264$0$0$58,551
75$232,924$0$0$32,365
76$160,176$0$0$2,496
77$76,968$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
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