Can I retire at age 50 with 909,000?

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 $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%13%
1 years$75,064$74,396$73,743$73,107$72,485$71,579
2 years$37,161$36,468$35,798$35,147$34,517$33,605
3 years$24,528$23,833$23,164$22,519$21,899$21,010
4 years$18,212$17,519$16,857$16,224$15,618$14,759
5 years$14,424$13,735$13,082$12,462$11,873$11,046
6 years$11,900$11,216$10,572$9,966$9,395$8,600
7 years$10,097$9,419$8,785$8,193$7,640$6,880
8 years$8,746$8,074$7,451$6,873$6,338$5,611
9 years$7,695$7,030$6,417$5,854$5,338$4,643
10 years$6,855$6,196$5,595$5,047$4,548$3,886
11 years$6,169$5,516$4,926$4,392$3,912$3,281
12 years$5,597$4,951$4,371$3,852$3,390$2,791
13 years$5,113$4,474$3,905$3,401$2,956$2,387
14 years$4,699$4,067$3,509$3,019$2,591$2,052
15 years$4,341$3,715$3,168$2,692$2,281$1,771
16 years$4,027$3,409$2,872$2,411$2,016$1,534
17 years$3,751$3,139$2,614$2,166$1,788$1,332
18 years$3,506$2,901$2,386$1,952$1,590$1,160
19 years$3,286$2,689$2,184$1,764$1,417$1,012
20 years$3,089$2,498$2,005$1,598$1,266$884
21 years$2,911$2,327$1,844$1,450$1,133$774
22 years$2,750$2,172$1,699$1,318$1,015$679
23 years$2,602$2,032$1,569$1,201$911$595
24 years$2,467$1,904$1,451$1,095$819$523
25 years$2,344$1,786$1,344$1,000$737$460
26 years$2,229$1,679$1,247$914$664$405
27 years$2,124$1,580$1,158$837$599$356
28 years$2,026$1,489$1,076$767$540$314
29 years$1,935$1,405$1,001$703$488$277
30 years$1,850$1,326$933$645$441$244
31 years$1,771$1,254$870$593$398$215
32 years$1,697$1,187$811$545$360$190
33 years$1,628$1,124$758$501$326$168
34 years$1,563$1,065$708$461$295$148
35 years$1,501$1,010$662$424$267$131
36 years$1,444$959$619$391$242$116
37 years$1,389$911$579$360$220$102
38 years$1,338$865$543$332$199$90
39 years$1,289$823$508$306$181$80
40 years$1,243$783$476$282$164$71
41 years$1,199$745$447$260$149$62
42 years$1,157$710$419$240$135$55
43 years$1,118$676$393$222$122$49
44 years$1,080$645$369$205$111$43
45 years$1,044$615$347$189$101$38
46 years$1,010$586$326$175$92$34
47 years$977$560$306$161$83$30
48 years$946$534$287$149$75$26
49 years$916$510$270$138$69$23
50 years$888$487$254$127$62$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $909,000, adding $4,864 every year, while hoping to spend $59,296 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: 45/38/17 Blend
49$909,000$909,000$909,000$909,000
50$1,006,735$958,558$944,469$1,046,927
51$1,046,332$942,437$913,018$1,059,393
52$1,087,980$923,539$878,526$1,066,592
53$1,131,826$901,664$840,829$1,073,137
54$1,178,030$876,604$799,755$1,078,991
55$1,226,765$848,134$755,123$1,084,122
56$1,278,222$816,019$706,746$1,088,497
57$1,332,607$780,010$654,428$1,092,083
58$1,390,145$739,843$597,964$1,094,852
59$1,451,083$695,238$537,138$1,096,778
60$1,515,689$645,900$471,729$1,097,836
61$1,584,258$591,518$401,500$1,098,007
62$1,657,111$531,761$326,209$1,097,277
63$1,734,600$466,281$245,601$1,095,635
64$1,817,109$394,709$159,408$1,093,080
65$1,905,060$316,656$67,354$1,089,617
66$1,998,914$231,710$0$1,085,259
67$2,099,177$139,437$0$1,085,633
68$2,206,402$39,378$0$1,098,577
69$2,321,197$0$0$1,111,967
70$2,444,228$0$0$1,154,761
71$2,576,226$0$0$1,218,412
72$2,717,992$0$0$1,286,851
73$2,870,406$0$0$1,360,512
74$3,034,435$0$0$1,439,872
75$3,211,139$0$0$1,525,455
76$3,401,683$0$0$1,617,837
77$3,607,348$0$0$1,717,651
78$3,829,539$0$0$1,825,592
79$4,069,802$0$0$1,942,424
80$4,329,836$0$0$2,068,987
81$4,611,509$0$0$2,206,206
82$4,916,873$0$0$2,355,096
83$5,248,186$0$0$2,516,774
84$5,607,932$0$0$2,692,469
85$5,998,841$0$0$2,883,533
86$6,423,918$0$0$3,091,453
87$6,886,469$0$0$3,317,866
88$7,390,131$0$0$3,564,572
89$7,938,905$0$0$3,833,553
90$8,537,196$0$0$4,126,990
91$9,189,851$0$0$4,447,283
92$9,902,205$0$0$4,797,076
93$10,680,132$0$0$5,179,277
94$11,530,096$0$0$5,597,089
95$12,459,216$0$0$6,054,037
96$13,475,326$0$0$6,554,005
97$14,587,056$0$0$7,101,267
98$15,803,905$0$0$7,700,530
99$17,136,336$0$0$8,356,979
100$18,595,868$0$0$9,076,322