Can I retire at age 50 with 485,000?

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 $485,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$40,051$39,694$39,346$39,006$38,675$38,081
2 years$19,827$19,458$19,100$18,753$18,416$17,820
3 years$13,087$12,716$12,359$12,015$11,684$11,103
4 years$9,717$9,348$8,994$8,656$8,333$7,772
5 years$7,696$7,329$6,980$6,649$6,335$5,795
6 years$6,349$5,984$5,641$5,317$5,013$4,495
7 years$5,387$5,026$4,687$4,372$4,077$3,582
8 years$4,666$4,308$3,975$3,667$3,382$2,910
9 years$4,106$3,751$3,424$3,124$2,848$2,398
10 years$3,658$3,306$2,985$2,693$2,427$1,998
11 years$3,291$2,943$2,628$2,343$2,087$1,680
12 years$2,986$2,642$2,332$2,055$1,809$1,422
13 years$2,728$2,387$2,084$1,815$1,577$1,211
14 years$2,507$2,170$1,872$1,611$1,382$1,036
15 years$2,316$1,982$1,690$1,437$1,217$890
16 years$2,149$1,819$1,533$1,286$1,076$767
17 years$2,001$1,675$1,395$1,156$954$663
18 years$1,870$1,548$1,273$1,042$848$574
19 years$1,753$1,434$1,165$941$756$498
20 years$1,648$1,333$1,070$852$675$433
21 years$1,553$1,242$984$774$604$377
22 years$1,467$1,159$907$703$542$329
23 years$1,388$1,084$837$641$486$287
24 years$1,317$1,016$774$584$437$251
25 years$1,250$953$717$534$393$219
26 years$1,189$896$665$488$354$192
27 years$1,133$843$618$447$319$168
28 years$1,081$794$574$409$288$147
29 years$1,032$749$534$375$260$129
30 years$987$708$498$344$235$113
31 years$945$669$464$316$213$99
32 years$906$633$433$291$192$87
33 years$869$600$404$267$174$76
34 years$834$568$378$246$158$67
35 years$801$539$353$226$143$59
36 years$770$512$330$208$129$52
37 years$741$486$309$192$117$46
38 years$714$462$290$177$106$40
39 years$688$439$271$163$96$35
40 years$663$418$254$151$87$31
41 years$640$398$238$139$79$27
42 years$617$379$224$128$72$24
43 years$596$361$210$118$65$21
44 years$576$344$197$109$59$18
45 years$557$328$185$101$54$16
46 years$539$313$174$93$49$14
47 years$521$299$163$86$44$13
48 years$505$285$153$80$40$11
49 years$489$272$144$74$37$10
50 years$474$260$136$68$33$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $485,000, adding $3,608 every year, while hoping to spend $35,187 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: 47/24/29 Blend
49$485,000$485,000$485,000$485,000
50$538,192$512,487$504,969$558,863
51$555,649$500,160$484,447$561,508
52$573,707$486,050$462,058$560,680
53$592,390$470,032$437,702$559,109
54$611,725$451,974$411,276$556,743
55$631,737$431,737$382,670$553,530
56$652,456$409,173$351,771$549,412
57$673,910$384,127$318,460$544,330
58$696,133$356,433$282,612$538,223
59$719,157$325,917$244,098$531,023
60$743,018$292,394$202,782$522,664
61$767,754$255,669$158,523$513,073
62$793,404$215,536$111,173$502,175
63$820,013$171,779$60,579$489,891
64$847,624$124,166$6,578$476,139
65$876,287$72,455$0$460,833
66$906,052$16,390$0$459,678
67$936,976$0$0$459,982
68$969,117$0$0$471,367
69$1,002,539$0$0$487,714
70$1,037,308$0$0$504,729
71$1,073,498$0$0$522,449
72$1,111,187$0$0$540,912
73$1,150,458$0$0$560,162
74$1,191,401$0$0$580,243
75$1,234,114$0$0$601,206
76$1,278,700$0$0$623,102
77$1,325,274$0$0$645,990
78$1,373,958$0$0$669,932
79$1,424,882$0$0$694,994
80$1,478,190$0$0$721,250
81$1,534,037$0$0$748,778
82$1,592,590$0$0$777,663
83$1,654,030$0$0$807,999
84$1,718,556$0$0$839,886
85$1,786,382$0$0$873,433
86$1,857,741$0$0$908,761
87$1,932,887$0$0$945,999
88$2,012,096$0$0$985,288
89$2,095,668$0$0$1,026,782
90$2,183,933$0$0$1,070,651
91$2,277,248$0$0$1,117,077
92$2,376,003$0$0$1,166,260
93$2,480,625$0$0$1,218,421
94$2,591,581$0$0$1,273,798
95$2,709,378$0$0$1,332,653
96$2,834,575$0$0$1,395,272
97$2,967,781$0$0$1,461,969
98$3,109,661$0$0$1,533,087
99$3,260,948$0$0$1,609,002
100$3,422,440$0$0$1,690,126