Can I retire at age 50 with 484,000?

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 $484,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$39,968$39,612$39,265$38,926$38,595$38,050
2 years$19,786$19,418$19,061$18,714$18,378$17,830
3 years$13,060$12,690$12,333$11,990$11,660$11,126
4 years$9,697$9,328$8,976$8,638$8,316$7,800
5 years$7,680$7,313$6,965$6,635$6,322$5,825
6 years$6,336$5,972$5,629$5,306$5,002$4,526
7 years$5,376$5,015$4,678$4,363$4,068$3,612
8 years$4,657$4,299$3,967$3,660$3,375$2,939
9 years$4,097$3,743$3,417$3,117$2,842$2,427
10 years$3,650$3,299$2,979$2,687$2,422$2,026
11 years$3,285$2,937$2,623$2,339$2,083$1,706
12 years$2,980$2,636$2,328$2,051$1,805$1,448
13 years$2,723$2,382$2,079$1,811$1,574$1,235
14 years$2,502$2,166$1,868$1,608$1,380$1,059
15 years$2,311$1,978$1,687$1,434$1,215$911
16 years$2,144$1,815$1,529$1,284$1,074$787
17 years$1,997$1,672$1,392$1,153$952$682
18 years$1,867$1,545$1,270$1,039$846$592
19 years$1,750$1,432$1,163$939$754$515
20 years$1,645$1,330$1,067$851$674$449
21 years$1,550$1,239$982$772$603$391
22 years$1,464$1,157$905$702$541$342
23 years$1,386$1,082$835$639$485$299
24 years$1,314$1,014$773$583$436$262
25 years$1,248$951$716$532$392$230
26 years$1,187$894$664$487$353$202
27 years$1,131$841$616$446$319$177
28 years$1,079$793$573$408$288$155
29 years$1,030$748$533$374$260$137
30 years$985$706$497$344$235$120
31 years$943$668$463$316$212$106
32 years$904$632$432$290$192$93
33 years$867$598$403$267$174$82
34 years$832$567$377$245$157$72
35 years$799$538$352$226$142$63
36 years$769$510$330$208$129$56
37 years$740$485$309$192$117$49
38 years$712$461$289$177$106$43
39 years$686$438$271$163$96$38
40 years$662$417$254$150$87$34
41 years$638$397$238$139$79$30
42 years$616$378$223$128$72$26
43 years$595$360$209$118$65$23
44 years$575$343$197$109$59$20
45 years$556$327$185$101$54$18
46 years$538$312$173$93$49$16
47 years$520$298$163$86$44$14
48 years$504$284$153$79$40$12
49 years$488$272$144$73$37$11
50 years$473$259$135$68$33$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $484,000, adding $4,913 every year, while hoping to spend $25,089 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: 43/30/27 Blend
49$484,000$484,000$484,000$484,000
50$538,436$512,784$505,282$557,170
51$566,662$511,216$495,514$569,473
52$596,926$508,730$484,579$580,037
53$629,410$505,255$472,409$590,999
54$664,312$500,715$458,937$602,411
55$701,851$495,030$444,092$614,330
56$742,268$488,114$427,796$626,822
57$785,825$479,877$409,973$639,963
58$832,812$470,224$390,541$653,837
59$883,547$459,053$369,412$668,537
60$938,380$446,258$346,498$684,172
61$997,693$431,723$321,704$700,861
62$1,061,910$415,330$294,934$718,739
63$1,131,495$396,951$266,083$737,958
64$1,206,957$376,451$235,047$758,687
65$1,288,858$353,688$201,712$781,116
66$1,377,814$328,512$165,962$805,458
67$1,474,505$300,763$127,676$831,951
68$1,579,677$270,273$86,726$860,859
69$1,694,153$236,865$42,980$892,480
70$1,818,835$200,350$0$927,144
71$1,954,719$160,530$0$966,287
72$2,102,900$117,195$0$1,022,536
73$2,264,582$70,124$0$1,083,996
74$2,441,092$19,083$0$1,151,223
75$2,633,891$0$0$1,224,830
76$2,844,584$0$0$1,317,438
77$3,074,943$0$0$1,425,635
78$3,326,915$0$0$1,544,043
79$3,602,645$0$0$1,673,679
80$3,904,496$0$0$1,815,660
81$4,235,068$0$0$1,971,217
82$4,597,227$0$0$2,141,708
83$4,994,127$0$0$2,328,626
84$5,429,242$0$0$2,533,616
85$5,906,399$0$0$2,758,490
86$6,429,812$0$0$3,005,245
87$7,004,123$0$0$3,276,078
88$7,634,446$0$0$3,573,411
89$8,326,413$0$0$3,899,913
90$9,086,228$0$0$4,258,521
91$9,920,725$0$0$4,652,473
92$10,837,434$0$0$5,085,335
93$11,844,648$0$0$5,561,036
94$12,951,505$0$0$6,083,903
95$14,168,070$0$0$6,658,706
96$15,505,433$0$0$7,290,697
97$16,975,813$0$0$7,985,665
98$18,592,669$0$0$8,749,986
99$20,370,832$0$0$9,590,686
100$22,326,641$0$0$10,515,505