Can I retire at age 50 with 479,000?

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 $479,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$39,555$39,203$38,859$38,524$38,196$37,532
2 years$19,582$19,217$18,864$18,521$18,189$17,522
3 years$12,925$12,559$12,206$11,867$11,540$10,891
4 years$9,597$9,232$8,883$8,549$8,230$7,605
5 years$7,601$7,238$6,893$6,567$6,256$5,656
6 years$6,271$5,910$5,571$5,251$4,951$4,375
7 years$5,321$4,963$4,630$4,317$4,026$3,476
8 years$4,609$4,255$3,926$3,622$3,340$2,816
9 years$4,055$3,704$3,382$3,085$2,813$2,314
10 years$3,612$3,265$2,948$2,659$2,397$1,922
11 years$3,251$2,907$2,596$2,314$2,061$1,611
12 years$2,949$2,609$2,303$2,030$1,786$1,359
13 years$2,694$2,358$2,058$1,792$1,558$1,154
14 years$2,476$2,143$1,849$1,591$1,365$984
15 years$2,287$1,958$1,670$1,419$1,202$842
16 years$2,122$1,796$1,514$1,270$1,062$723
17 years$1,977$1,654$1,377$1,141$942$623
18 years$1,847$1,529$1,257$1,029$838$538
19 years$1,732$1,417$1,151$929$747$465
20 years$1,628$1,317$1,056$842$667$403
21 years$1,534$1,226$972$764$597$349
22 years$1,449$1,145$896$695$535$303
23 years$1,371$1,071$827$633$480$264
24 years$1,300$1,003$765$577$432$230
25 years$1,235$941$708$527$388$200
26 years$1,175$885$657$482$350$174
27 years$1,119$833$610$441$315$152
28 years$1,068$785$567$404$285$133
29 years$1,020$740$528$371$257$116
30 years$975$699$492$340$232$101
31 years$933$661$458$312$210$88
32 years$894$625$428$287$190$77
33 years$858$592$399$264$172$67
34 years$823$561$373$243$156$59
35 years$791$532$349$224$141$52
36 years$761$505$326$206$128$45
37 years$732$480$305$190$116$39
38 years$705$456$286$175$105$35
39 years$679$434$268$161$95$30
40 years$655$413$251$149$86$26
41 years$632$393$235$137$78$23
42 years$610$374$221$127$71$20
43 years$589$356$207$117$64$18
44 years$569$340$195$108$59$16
45 years$550$324$183$100$53$14
46 years$532$309$172$92$48$12
47 years$515$295$161$85$44$10
48 years$498$282$151$79$40$9
49 years$483$269$142$73$36$8
50 years$468$257$134$67$33$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $479,000, adding $5,823 every year, while hoping to spend $23,286 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: 60/10/30 Blend
49$479,000$479,000$479,000$479,000
50$533,864$508,477$501,053$561,225
51$563,542$508,617$493,062$580,729
52$595,467$507,982$484,023$599,028
53$629,843$506,512$473,876$618,518
54$666,895$504,139$462,559$639,322
55$706,870$500,793$450,006$661,576
56$750,039$496,400$436,149$685,429
57$796,699$490,880$420,917$711,049
58$847,179$484,150$404,234$738,619
59$901,838$476,120$386,023$768,345
60$961,072$466,696$366,201$800,452
61$1,025,317$455,779$344,684$835,193
62$1,095,049$443,263$321,381$872,843
63$1,170,797$429,036$296,201$913,711
64$1,253,139$412,979$269,044$958,138
65$1,342,712$394,968$239,809$1,006,499
66$1,440,216$374,869$208,391$1,059,211
67$1,546,423$352,543$174,677$1,116,734
68$1,662,182$327,840$138,552$1,179,579
69$1,788,425$300,605$99,894$1,248,310
70$1,926,181$270,672$58,577$1,323,548
71$2,076,582$237,865$14,470$1,405,982
72$2,240,872$201,999$0$1,496,376
73$2,420,423$162,879$0$1,606,004
74$2,616,744$120,298$0$1,730,984
75$2,831,497$74,038$0$1,867,753
76$3,066,512$23,868$0$2,017,498
77$3,323,804$0$0$2,181,525
78$3,605,591$0$0$2,364,624
79$3,914,318$0$0$2,568,143
80$4,252,675$0$0$2,791,235
81$4,623,626$0$0$3,035,858
82$5,030,435$0$0$3,304,169
83$5,476,698$0$0$3,598,547
84$5,966,374$0$0$3,921,607
85$6,503,825$0$0$4,276,234
86$7,093,855$0$0$4,665,603
87$7,741,758$0$0$5,093,213
88$8,453,363$0$0$5,562,919
89$9,235,094$0$0$6,078,966
90$10,094,024$0$0$6,646,032
91$11,037,950$0$0$7,269,269
92$12,075,458$0$0$7,954,355
93$13,216,008$0$0$8,707,544
94$14,470,023$0$0$9,535,726
95$15,848,985$0$0$10,446,493
96$17,365,548$0$0$11,448,209
97$19,033,648$0$0$12,550,089
98$20,868,645$0$0$13,762,287
99$22,887,458$0$0$15,095,991
100$25,108,732$0$0$16,563,526