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%16.6%
1 years$74,321$73,659$73,013$72,383$71,767$69,834
2 years$36,793$36,107$35,443$34,799$34,175$32,241
3 years$24,285$23,597$22,934$22,296$21,682$19,808
4 years$18,032$17,346$16,690$16,063$15,464$13,664
5 years$14,281$13,599$12,952$12,338$11,755$10,035
6 years$11,782$11,105$10,467$9,867$9,302$7,662
7 years$9,997$9,326$8,698$8,112$7,565$6,006
8 years$8,659$7,994$7,377$6,805$6,276$4,797
9 years$7,619$6,960$6,354$5,796$5,285$3,885
10 years$6,787$6,135$5,539$4,997$4,503$3,180
11 years$6,108$5,462$4,877$4,348$3,873$2,625
12 years$5,541$4,902$4,328$3,814$3,356$2,181
13 years$5,063$4,430$3,867$3,367$2,927$1,822
14 years$4,653$4,027$3,474$2,989$2,565$1,528
15 years$4,298$3,679$3,137$2,666$2,259$1,286
16 years$3,987$3,375$2,844$2,387$1,996$1,086
17 years$3,714$3,108$2,588$2,145$1,770$919
18 years$3,471$2,872$2,362$1,933$1,574$780
19 years$3,254$2,662$2,163$1,746$1,403$662
20 years$3,059$2,474$1,985$1,582$1,253$563
21 years$2,883$2,304$1,826$1,436$1,121$480
22 years$2,722$2,151$1,683$1,305$1,005$409
23 years$2,577$2,012$1,554$1,189$902$349
24 years$2,443$1,885$1,437$1,084$811$298
25 years$2,320$1,769$1,331$990$730$255
26 years$2,207$1,662$1,234$905$657$218
27 years$2,103$1,564$1,146$829$593$186
28 years$2,006$1,474$1,065$759$535$159
29 years$1,916$1,391$991$696$483$136
30 years$1,832$1,313$924$639$436$117
31 years$1,754$1,242$861$587$394$100
32 years$1,680$1,175$803$539$357$86
33 years$1,612$1,113$750$496$323$73
34 years$1,547$1,054$701$456$292$63
35 years$1,487$1,000$655$420$265$54
36 years$1,429$949$613$387$240$46
37 years$1,375$902$574$356$217$40
38 years$1,324$857$537$329$197$34
39 years$1,276$815$503$303$179$29
40 years$1,230$775$472$279$162$25
41 years$1,187$738$442$258$147$21
42 years$1,146$703$415$238$133$18
43 years$1,107$670$389$220$121$16
44 years$1,069$638$366$203$110$13
45 years$1,034$609$343$187$100$12
46 years$1,000$581$322$173$91$10
47 years$968$554$303$160$82$9
48 years$937$529$285$148$75$7
49 years$907$505$267$136$68$6
50 years$879$482$251$126$62$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $900,000, adding $4,614 every year, while hoping to spend $56,477 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: 71/11/18 Blend
49$900,000$900,000$900,000$900,000
50$996,559$948,859$934,909$1,062,739
51$1,038,117$935,262$906,138$1,093,771
52$1,082,021$919,106$874,509$1,120,532
53$1,128,451$900,206$839,869$1,148,399
54$1,177,603$878,366$802,054$1,177,470
55$1,229,690$853,378$760,895$1,207,858
56$1,284,948$825,022$716,214$1,239,689
57$1,343,631$793,067$667,826$1,273,100
58$1,406,021$757,267$615,537$1,308,248
59$1,472,422$717,360$559,145$1,345,303
60$1,543,170$673,071$498,437$1,384,457
61$1,618,632$624,111$433,194$1,425,923
62$1,699,210$570,170$363,183$1,469,937
63$1,785,345$510,923$288,165$1,516,762
64$1,877,519$446,027$207,888$1,566,688
65$1,976,261$375,119$122,088$1,620,041
66$2,082,154$297,813$30,492$1,677,178
67$2,195,834$213,706$0$1,738,500
68$2,318,000$122,368$0$1,817,365
69$2,449,419$23,348$0$1,908,437
70$2,590,936$0$0$2,006,457
71$2,743,475$0$0$2,122,238
72$2,908,053$0$0$2,250,242
73$3,085,788$0$0$2,388,515
74$3,277,907$0$0$2,538,018
75$3,485,759$0$0$2,699,805
76$3,710,827$0$0$2,875,036
77$3,954,742$0$0$3,064,985
78$4,219,297$0$0$3,271,056
79$4,506,464$0$0$3,494,789
80$4,818,410$0$0$3,737,881
81$5,157,522$0$0$4,002,197
82$5,526,424$0$0$4,289,789
83$5,928,004$0$0$4,602,916
84$6,365,438$0$0$4,944,062
85$6,842,222$0$0$5,315,961
86$7,362,206$0$0$5,721,624
87$7,929,623$0$0$6,164,363
88$8,549,135$0$0$6,647,824
89$9,225,874$0$0$7,176,021
90$9,965,490$0$0$7,753,373
91$10,774,202$0$0$8,384,745
92$11,658,857$0$0$9,075,493
93$12,626,997$0$0$9,831,516
94$13,686,923$0$0$10,659,308
95$14,847,779$0$0$11,566,022
96$16,119,633$0$0$12,559,534
97$17,513,573$0$0$13,648,518
98$19,041,813$0$0$14,842,528
99$20,717,801$0$0$16,152,085
100$22,556,352$0$0$17,588,779