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%18.2%
1 years$74,321$73,659$73,013$72,383$71,767$69,387
2 years$36,793$36,107$35,443$34,799$34,175$31,800
3 years$24,285$23,597$22,934$22,296$21,682$19,386
4 years$18,032$17,346$16,690$16,063$15,464$13,266
5 years$14,281$13,599$12,952$12,338$11,755$9,661
6 years$11,782$11,105$10,467$9,867$9,302$7,312
7 years$9,997$9,326$8,698$8,112$7,565$5,680
8 years$8,659$7,994$7,377$6,805$6,276$4,494
9 years$7,619$6,960$6,354$5,796$5,285$3,604
10 years$6,787$6,135$5,539$4,997$4,503$2,921
11 years$6,108$5,462$4,877$4,348$3,873$2,386
12 years$5,541$4,902$4,328$3,814$3,356$1,962
13 years$5,063$4,430$3,867$3,367$2,927$1,621
14 years$4,653$4,027$3,474$2,989$2,565$1,345
15 years$4,298$3,679$3,137$2,666$2,259$1,119
16 years$3,987$3,375$2,844$2,387$1,996$934
17 years$3,714$3,108$2,588$2,145$1,770$781
18 years$3,471$2,872$2,362$1,933$1,574$655
19 years$3,254$2,662$2,163$1,746$1,403$550
20 years$3,059$2,474$1,985$1,582$1,253$462
21 years$2,883$2,304$1,826$1,436$1,121$389
22 years$2,722$2,151$1,683$1,305$1,005$327
23 years$2,577$2,012$1,554$1,189$902$276
24 years$2,443$1,885$1,437$1,084$811$233
25 years$2,320$1,769$1,331$990$730$196
26 years$2,207$1,662$1,234$905$657$166
27 years$2,103$1,564$1,146$829$593$140
28 years$2,006$1,474$1,065$759$535$118
29 years$1,916$1,391$991$696$483$100
30 years$1,832$1,313$924$639$436$84
31 years$1,754$1,242$861$587$394$71
32 years$1,680$1,175$803$539$357$60
33 years$1,612$1,113$750$496$323$51
34 years$1,547$1,054$701$456$292$43
35 years$1,487$1,000$655$420$265$36
36 years$1,429$949$613$387$240$31
37 years$1,375$902$574$356$217$26
38 years$1,324$857$537$329$197$22
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$13
42 years$1,146$703$415$238$133$11
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$3
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 $3,582 every year, while hoping to spend $45,073 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: 86/6/8 Blend
49$900,000$900,000$900,000$900,000
50$995,495$947,795$933,845$1,079,970
51$1,049,078$946,279$917,171$1,134,099
52$1,106,616$943,179$898,429$1,187,025
53$1,168,465$938,369$877,500$1,243,753
54$1,235,014$931,715$854,262$1,304,633
55$1,306,694$923,078$828,589$1,370,054
56$1,383,976$912,307$800,345$1,440,442
57$1,467,375$899,244$769,391$1,516,264
58$1,557,462$883,722$735,580$1,598,039
59$1,654,861$865,562$698,759$1,686,334
60$1,760,259$844,576$658,769$1,781,774
61$1,874,409$820,565$615,443$1,885,051
62$1,998,144$793,317$568,605$1,996,921
63$2,132,374$762,610$518,073$2,118,221
64$2,278,105$728,205$463,656$2,249,873
65$2,436,438$689,855$405,156$2,392,889
66$2,608,590$647,293$342,364$2,548,388
67$2,795,896$600,240$275,063$2,717,600
68$2,999,826$548,400$203,026$2,901,882
69$3,221,997$491,461$126,016$3,102,726
70$3,464,190$429,091$43,787$3,321,779
71$3,728,363$360,942$0$3,560,854
72$4,016,673$286,645$0$3,825,703
73$4,331,493$205,810$0$4,119,007
74$4,675,435$118,025$0$4,439,475
75$5,051,377$22,856$0$4,789,806
76$5,462,486$0$0$5,172,972
77$5,912,247$0$0$5,597,539
78$6,404,500$0$0$6,063,880
79$6,943,473$0$0$6,574,493
80$7,533,821$0$0$7,133,789
81$8,180,671$0$0$7,746,628
82$8,889,669$0$0$8,418,360
83$9,667,035$0$0$9,154,878
84$10,519,616$0$0$9,962,673
85$11,454,956$0$0$10,848,894
86$12,481,365$0$0$11,821,416
87$13,607,995$0$0$12,888,911
88$14,844,927$0$0$14,060,935
89$16,203,267$0$0$15,348,013
90$17,695,249$0$0$16,761,737
91$19,334,349$0$0$18,314,880
92$21,135,414$0$0$20,021,513
93$23,114,800$0$0$21,897,135
94$25,290,527$0$0$23,958,824
95$27,682,444$0$0$26,225,392
96$30,312,425$0$0$28,717,568
97$33,204,564$0$0$31,458,187
98$36,385,410$0$0$34,472,410
99$39,884,212$0$0$37,787,955
100$43,733,198$0$0$41,435,367