Can I retire at age 50 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$74,321$73,659$73,013$72,383$71,767$69,414
2 years$36,793$36,107$35,443$34,799$34,175$31,827
3 years$24,285$23,597$22,934$22,296$21,682$19,412
4 years$18,032$17,346$16,690$16,063$15,464$13,290
5 years$14,281$13,599$12,952$12,338$11,755$9,683
6 years$11,782$11,105$10,467$9,867$9,302$7,333
7 years$9,997$9,326$8,698$8,112$7,565$5,699
8 years$8,659$7,994$7,377$6,805$6,276$4,512
9 years$7,619$6,960$6,354$5,796$5,285$3,621
10 years$6,787$6,135$5,539$4,997$4,503$2,937
11 years$6,108$5,462$4,877$4,348$3,873$2,401
12 years$5,541$4,902$4,328$3,814$3,356$1,975
13 years$5,063$4,430$3,867$3,367$2,927$1,633
14 years$4,653$4,027$3,474$2,989$2,565$1,356
15 years$4,298$3,679$3,137$2,666$2,259$1,129
16 years$3,987$3,375$2,844$2,387$1,996$943
17 years$3,714$3,108$2,588$2,145$1,770$789
18 years$3,471$2,872$2,362$1,933$1,574$662
19 years$3,254$2,662$2,163$1,746$1,403$556
20 years$3,059$2,474$1,985$1,582$1,253$468
21 years$2,883$2,304$1,826$1,436$1,121$394
22 years$2,722$2,151$1,683$1,305$1,005$332
23 years$2,577$2,012$1,554$1,189$902$280
24 years$2,443$1,885$1,437$1,084$811$236
25 years$2,320$1,769$1,331$990$730$199
26 years$2,207$1,662$1,234$905$657$168
27 years$2,103$1,564$1,146$829$593$142
28 years$2,006$1,474$1,065$759$535$120
29 years$1,916$1,391$991$696$483$102
30 years$1,832$1,313$924$639$436$86
31 years$1,754$1,242$861$587$394$73
32 years$1,680$1,175$803$539$357$62
33 years$1,612$1,113$750$496$323$52
34 years$1,547$1,054$701$456$292$44
35 years$1,487$1,000$655$420$265$37
36 years$1,429$949$613$387$240$32
37 years$1,375$902$574$356$217$27
38 years$1,324$857$537$329$197$23
39 years$1,276$815$503$303$179$19
40 years$1,230$775$472$279$162$16
41 years$1,187$738$442$258$147$14
42 years$1,146$703$415$238$133$12
43 years$1,107$670$389$220$121$10
44 years$1,069$638$366$203$110$8
45 years$1,034$609$343$187$100$7
46 years$1,000$581$322$173$91$6
47 years$968$554$303$160$82$5
48 years$937$529$285$148$75$4
49 years$907$505$267$136$68$4
50 years$879$482$251$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $900,000, adding $4,787 every year, while hoping to spend $23,741 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: 61/17/22 Blend
49$900,000$900,000$900,000$900,000
50$996,738$949,038$935,088$1,051,495
51$1,073,145$970,280$941,153$1,110,378
52$1,156,550$991,768$946,626$1,171,582
53$1,247,641$1,013,488$951,461$1,237,852
54$1,347,177$1,035,426$955,612$1,309,684
55$1,455,993$1,057,565$959,028$1,387,625
56$1,575,006$1,079,888$961,658$1,472,278
57$1,705,230$1,102,376$963,447$1,564,307
58$1,847,779$1,125,008$964,337$1,664,444
59$2,003,879$1,147,759$964,269$1,773,496
60$2,174,881$1,170,606$963,179$1,892,353
61$2,362,274$1,193,521$961,000$2,021,995
62$2,567,695$1,216,473$957,663$2,163,502
63$2,792,951$1,239,431$953,095$2,318,066
64$3,040,028$1,262,359$947,220$2,486,999
65$3,311,116$1,285,219$939,957$2,671,748
66$3,608,626$1,307,972$931,223$2,873,908
67$3,935,216$1,330,573$920,928$3,095,236
68$4,293,811$1,352,973$908,982$3,337,671
69$4,687,634$1,375,124$895,288$3,603,349
70$5,120,237$1,396,969$879,744$3,894,623
71$5,595,531$1,418,451$862,246$4,214,089
72$6,117,826$1,439,505$842,681$4,564,607
73$6,691,868$1,460,065$820,935$4,949,331
74$7,322,889$1,480,058$796,886$5,371,736
75$8,016,649$1,499,407$770,408$5,835,652
76$8,779,499$1,518,029$741,368$6,345,303
77$9,618,431$1,535,835$709,627$6,905,343
78$10,541,152$1,552,732$675,040$7,520,903
79$11,556,152$1,568,619$637,457$8,197,638
80$12,672,786$1,583,388$596,719$8,941,780
81$13,901,361$1,596,925$552,659$9,760,201
82$15,253,233$1,609,107$505,107$10,660,474
83$16,740,915$1,619,806$453,880$11,650,946
84$18,378,194$1,628,881$398,790$12,740,818
85$20,180,260$1,636,188$339,641$13,940,230
86$22,163,854$1,641,568$276,226$15,260,360
87$24,347,418$1,644,856$208,330$16,713,528
88$26,751,276$1,645,875$135,730$18,313,313
89$29,397,820$1,644,437$58,191$20,074,682
90$32,311,726$1,640,343$0$22,014,131
91$35,520,184$1,633,381$0$24,155,606
92$39,053,152$1,623,326$0$26,528,334
93$42,943,646$1,609,942$0$29,140,791
94$47,228,043$1,592,974$0$32,017,385
95$51,946,429$1,572,155$0$35,185,014
96$57,142,976$1,547,202$0$38,673,322
97$62,866,358$1,517,813$0$42,514,973
98$69,170,211$1,483,671$0$46,745,965
99$76,113,639$1,444,437$0$51,405,969
100$83,761,771$1,399,755$0$56,538,701