Can I retire at age 50 with 491,000?

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 $491,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$40,546$40,185$39,833$39,489$39,153$37,809
2 years$20,072$19,699$19,336$18,985$18,644$17,304
3 years$13,249$12,873$12,512$12,164$11,829$10,534
4 years$9,838$9,463$9,105$8,763$8,436$7,197
5 years$7,791$7,419$7,066$6,731$6,413$5,233
6 years$6,428$6,058$5,711$5,383$5,075$3,954
7 years$5,454$5,088$4,745$4,426$4,127$3,066
8 years$4,724$4,361$4,025$3,713$3,424$2,422
9 years$4,157$3,797$3,466$3,162$2,883$1,939
10 years$3,703$3,347$3,022$2,726$2,457$1,568
11 years$3,332$2,980$2,661$2,372$2,113$1,279
12 years$3,023$2,674$2,361$2,081$1,831$1,049
13 years$2,762$2,417$2,110$1,837$1,597$865
14 years$2,538$2,197$1,895$1,631$1,400$716
15 years$2,345$2,007$1,711$1,454$1,232$595
16 years$2,175$1,841$1,552$1,302$1,089$495
17 years$2,026$1,696$1,412$1,170$966$414
18 years$1,894$1,567$1,289$1,054$859$346
19 years$1,775$1,452$1,180$953$765$290
20 years$1,669$1,349$1,083$863$684$243
21 years$1,573$1,257$996$783$612$204
22 years$1,485$1,173$918$712$548$171
23 years$1,406$1,097$848$648$492$144
24 years$1,333$1,028$784$591$442$121
25 years$1,266$965$726$540$398$102
26 years$1,204$907$673$494$359$86
27 years$1,147$853$625$452$323$72
28 years$1,094$804$581$414$292$61
29 years$1,045$759$541$380$263$51
30 years$999$717$504$349$238$43
31 years$957$677$470$320$215$36
32 years$917$641$438$294$195$31
33 years$879$607$409$271$176$26
34 years$844$575$382$249$159$22
35 years$811$546$357$229$144$18
36 years$780$518$334$211$131$16
37 years$750$492$313$194$119$13
38 years$723$467$293$179$108$11
39 years$696$444$275$165$98$9
40 years$671$423$257$152$88$8
41 years$648$403$241$141$80$7
42 years$625$383$226$130$73$6
43 years$604$365$212$120$66$5
44 years$583$348$199$111$60$4
45 years$564$332$187$102$54$3
46 years$545$317$176$94$49$3
47 years$528$302$165$87$45$2
48 years$511$289$155$81$41$2
49 years$495$276$146$74$37$2
50 years$479$263$137$69$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $491,000, adding $3,072 every year, while hoping to spend $30,981 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: 69/21/10 Blend
49$491,000$491,000$491,000$491,000
50$544,251$518,228$510,617$580,504
51$566,801$510,657$494,759$597,380
52$590,613$501,678$477,332$611,794
53$615,782$491,187$458,250$626,739
54$642,414$479,077$437,423$642,262
55$670,623$465,235$414,760$658,416
56$700,534$449,538$390,161$675,258
57$732,283$431,860$363,526$692,854
58$766,020$412,066$334,748$711,277
59$801,907$390,011$303,716$730,608
60$840,125$365,544$270,314$750,938
61$880,868$338,506$234,419$772,368
62$924,351$308,727$195,907$795,010
63$970,809$276,029$154,644$818,991
64$1,020,499$240,222$110,492$844,449
65$1,073,703$201,106$63,307$871,542
66$1,130,731$158,471$12,938$900,442
67$1,191,923$112,093$0$931,343
68$1,257,651$61,737$0$968,813
69$1,328,323$7,155$0$1,010,493
70$1,404,390$0$0$1,055,285
71$1,486,344$0$0$1,115,499
72$1,574,726$0$0$1,182,240
73$1,670,131$0$0$1,254,307
74$1,773,214$0$0$1,332,197
75$1,884,692$0$0$1,416,455
76$2,005,355$0$0$1,507,681
77$2,136,071$0$0$1,606,535
78$2,277,795$0$0$1,713,741
79$2,431,575$0$0$1,830,098
80$2,598,566$0$0$1,956,482
81$2,780,039$0$0$2,093,858
82$2,977,388$0$0$2,243,288
83$3,192,151$0$0$2,405,939
84$3,426,019$0$0$2,583,096
85$3,680,852$0$0$2,776,173
86$3,958,697$0$0$2,986,727
87$4,261,809$0$0$3,216,470
88$4,592,666$0$0$3,467,287
89$4,953,999$0$0$3,741,254
90$5,348,814$0$0$4,040,655
91$5,780,420$0$0$4,368,005
92$6,252,459$0$0$4,726,074
93$6,768,943$0$0$5,117,911
94$7,334,289$0$0$5,546,873
95$7,953,359$0$0$6,016,658
96$8,631,511$0$0$6,531,337
97$9,374,641$0$0$7,095,394
98$10,189,247$0$0$7,713,767
99$11,082,481$0$0$8,391,896
100$12,062,225$0$0$9,135,771