Can I retire at age 50 with 909,000?

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 $909,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$75,064$74,396$73,743$73,107$72,485$69,582
2 years$37,161$36,468$35,798$35,147$34,517$31,628
3 years$24,528$23,833$23,164$22,519$21,899$19,116
4 years$18,212$17,519$16,857$16,224$15,618$12,962
5 years$14,424$13,735$13,082$12,462$11,873$9,350
6 years$11,900$11,216$10,572$9,966$9,395$7,007
7 years$10,097$9,419$8,785$8,193$7,640$5,387
8 years$8,746$8,074$7,451$6,873$6,338$4,217
9 years$7,695$7,030$6,417$5,854$5,338$3,345
10 years$6,855$6,196$5,595$5,047$4,548$2,680
11 years$6,169$5,516$4,926$4,392$3,912$2,164
12 years$5,597$4,951$4,371$3,852$3,390$1,758
13 years$5,113$4,474$3,905$3,401$2,956$1,435
14 years$4,699$4,067$3,509$3,019$2,591$1,175
15 years$4,341$3,715$3,168$2,692$2,281$966
16 years$4,027$3,409$2,872$2,411$2,016$796
17 years$3,751$3,139$2,614$2,166$1,788$657
18 years$3,506$2,901$2,386$1,952$1,590$543
19 years$3,286$2,689$2,184$1,764$1,417$450
20 years$3,089$2,498$2,005$1,598$1,266$373
21 years$2,911$2,327$1,844$1,450$1,133$309
22 years$2,750$2,172$1,699$1,318$1,015$257
23 years$2,602$2,032$1,569$1,201$911$213
24 years$2,467$1,904$1,451$1,095$819$177
25 years$2,344$1,786$1,344$1,000$737$147
26 years$2,229$1,679$1,247$914$664$123
27 years$2,124$1,580$1,158$837$599$102
28 years$2,026$1,489$1,076$767$540$85
29 years$1,935$1,405$1,001$703$488$71
30 years$1,850$1,326$933$645$441$59
31 years$1,771$1,254$870$593$398$49
32 years$1,697$1,187$811$545$360$41
33 years$1,628$1,124$758$501$326$34
34 years$1,563$1,065$708$461$295$28
35 years$1,501$1,010$662$424$267$24
36 years$1,444$959$619$391$242$20
37 years$1,389$911$579$360$220$16
38 years$1,338$865$543$332$199$14
39 years$1,289$823$508$306$181$11
40 years$1,243$783$476$282$164$9
41 years$1,199$745$447$260$149$8
42 years$1,157$710$419$240$135$7
43 years$1,118$676$393$222$122$5
44 years$1,080$645$369$205$111$5
45 years$1,044$615$347$189$101$4
46 years$1,010$586$326$175$92$3
47 years$977$560$306$161$83$3
48 years$946$534$287$149$75$2
49 years$916$510$270$138$69$2
50 years$888$487$254$127$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $909,000, adding $5,769 every year, while hoping to spend $56,205 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: 44/32/24 Blend
49$909,000$909,000$909,000$909,000
50$1,007,669$959,492$945,402$1,044,770
51$1,050,649$946,705$917,272$1,058,851
52$1,096,130$931,408$886,315$1,068,220
53$1,144,307$913,419$852,378$1,077,257
54$1,195,393$892,543$815,300$1,085,961
55$1,249,623$868,578$774,912$1,094,335
56$1,307,252$841,305$731,039$1,102,387
57$1,368,559$810,497$683,496$1,110,130
58$1,433,850$775,909$632,091$1,117,584
59$1,503,461$737,287$576,624$1,124,774
60$1,577,758$694,358$516,885$1,131,737
61$1,657,142$646,835$452,654$1,138,515
62$1,742,056$594,414$383,703$1,145,165
63$1,832,980$536,776$309,792$1,151,753
64$1,930,446$473,580$230,672$1,158,361
65$2,035,035$404,468$146,082$1,165,087
66$2,147,383$329,061$55,750$1,172,043
67$2,268,191$246,961$0$1,179,367
68$2,398,228$157,743$0$1,197,623
69$2,538,337$60,962$0$1,232,499
70$2,689,445$0$0$1,269,993
71$2,852,570$0$0$1,325,874
72$3,028,831$0$0$1,409,535
73$3,219,458$0$0$1,500,105
74$3,425,801$0$0$1,598,237
75$3,649,348$0$0$1,704,650
76$3,891,731$0$0$1,820,134
77$4,154,746$0$0$1,945,558
78$4,440,370$0$0$2,081,878
79$4,750,776$0$0$2,230,145
80$5,088,353$0$0$2,391,518
81$5,455,734$0$0$2,567,268
82$5,855,810$0$0$2,758,796
83$6,291,768$0$0$2,967,645
84$6,767,111$0$0$3,195,512
85$7,285,697$0$0$3,444,264
86$7,851,772$0$0$3,715,956
87$8,470,008$0$0$4,012,854
88$9,145,551$0$0$4,337,448
89$9,884,066$0$0$4,692,482
90$10,691,787$0$0$5,080,976
91$11,575,582$0$0$5,506,258
92$12,543,010$0$0$5,971,989
93$13,602,398$0$0$6,482,205
94$14,762,913$0$0$7,041,346
95$16,034,653$0$0$7,654,304
96$17,428,736$0$0$8,326,470
97$18,957,411$0$0$9,063,775
98$20,634,165$0$0$9,872,759
99$22,473,855$0$0$10,760,619
100$24,492,847$0$0$11,735,288