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%16.6%
1 years$75,064$74,396$73,743$73,107$72,485$70,532
2 years$37,161$36,468$35,798$35,147$34,517$32,563
3 years$24,528$23,833$23,164$22,519$21,899$20,006
4 years$18,212$17,519$16,857$16,224$15,618$13,801
5 years$14,424$13,735$13,082$12,462$11,873$10,135
6 years$11,900$11,216$10,572$9,966$9,395$7,739
7 years$10,097$9,419$8,785$8,193$7,640$6,066
8 years$8,746$8,074$7,451$6,873$6,338$4,845
9 years$7,695$7,030$6,417$5,854$5,338$3,924
10 years$6,855$6,196$5,595$5,047$4,548$3,212
11 years$6,169$5,516$4,926$4,392$3,912$2,651
12 years$5,597$4,951$4,371$3,852$3,390$2,203
13 years$5,113$4,474$3,905$3,401$2,956$1,840
14 years$4,699$4,067$3,509$3,019$2,591$1,543
15 years$4,341$3,715$3,168$2,692$2,281$1,299
16 years$4,027$3,409$2,872$2,411$2,016$1,097
17 years$3,751$3,139$2,614$2,166$1,788$928
18 years$3,506$2,901$2,386$1,952$1,590$787
19 years$3,286$2,689$2,184$1,764$1,417$669
20 years$3,089$2,498$2,005$1,598$1,266$569
21 years$2,911$2,327$1,844$1,450$1,133$485
22 years$2,750$2,172$1,699$1,318$1,015$413
23 years$2,602$2,032$1,569$1,201$911$353
24 years$2,467$1,904$1,451$1,095$819$301
25 years$2,344$1,786$1,344$1,000$737$257
26 years$2,229$1,679$1,247$914$664$220
27 years$2,124$1,580$1,158$837$599$188
28 years$2,026$1,489$1,076$767$540$161
29 years$1,935$1,405$1,001$703$488$138
30 years$1,850$1,326$933$645$441$118
31 years$1,771$1,254$870$593$398$101
32 years$1,697$1,187$811$545$360$87
33 years$1,628$1,124$758$501$326$74
34 years$1,563$1,065$708$461$295$64
35 years$1,501$1,010$662$424$267$54
36 years$1,444$959$619$391$242$47
37 years$1,389$911$579$360$220$40
38 years$1,338$865$543$332$199$34
39 years$1,289$823$508$306$181$29
40 years$1,243$783$476$282$164$25
41 years$1,199$745$447$260$149$22
42 years$1,157$710$419$240$135$19
43 years$1,118$676$393$222$122$16
44 years$1,080$645$369$205$111$14
45 years$1,044$615$347$189$101$12
46 years$1,010$586$326$175$92$10
47 years$977$560$306$161$83$9
48 years$946$534$287$149$75$7
49 years$916$510$270$138$69$6
50 years$888$487$254$127$62$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $909,000, adding $4,020 every year, while hoping to spend $24,945 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: 85/5/10 Blend
49$909,000$909,000$909,000$909,000
50$1,005,865$957,688$943,598$1,089,561
51$1,081,922$978,073$948,667$1,165,236
52$1,164,900$998,621$953,070$1,244,572
53$1,255,480$1,019,314$956,759$1,330,965
54$1,354,410$1,040,131$959,681$1,425,108
55$1,462,513$1,061,051$961,783$1,527,768
56$1,580,696$1,082,049$963,010$1,639,785
57$1,709,957$1,103,100$963,301$1,762,089
58$1,851,396$1,124,175$962,595$1,895,700
59$2,006,223$1,145,244$960,826$2,041,745
60$2,175,771$1,166,274$957,927$2,201,463
61$2,361,508$1,187,229$953,825$2,376,220
62$2,565,049$1,208,071$948,446$2,567,520
63$2,788,176$1,228,759$941,711$2,777,021
64$3,032,849$1,249,247$933,537$3,006,548
65$3,301,227$1,269,487$923,838$3,258,113
66$3,595,689$1,289,429$912,524$3,533,932
67$3,918,855$1,309,017$899,499$3,836,446
68$4,273,611$1,328,191$884,665$4,168,345
69$4,663,136$1,346,889$867,917$4,532,593
70$5,090,930$1,365,041$849,147$4,932,456
71$5,560,853$1,382,576$828,242$5,371,531
72$6,077,153$1,399,415$805,081$5,853,783
73$6,644,512$1,415,476$779,541$6,383,579
74$7,268,088$1,430,670$751,491$6,965,734
75$7,953,563$1,444,903$720,795$7,605,549
76$8,707,195$1,458,072$687,311$8,308,870
77$9,535,883$1,470,072$650,890$9,082,136
78$10,447,225$1,480,787$611,377$9,932,441
79$11,449,592$1,490,095$568,608$10,867,605
80$12,552,208$1,497,868$522,414$11,896,243
81$13,765,236$1,503,966$472,617$13,027,849
82$15,099,872$1,508,243$419,032$14,272,886
83$16,568,455$1,510,543$361,466$15,642,881
84$18,184,578$1,510,700$299,715$17,150,538
85$19,963,219$1,508,538$233,570$18,809,857
86$21,920,882$1,503,870$162,808$20,636,263
87$24,075,750$1,496,498$87,201$22,646,757
88$26,447,862$1,486,212$6,507$24,860,071
89$29,059,295$1,472,788$0$27,296,849
90$31,934,377$1,455,989$0$29,988,333
91$35,099,916$1,435,564$0$32,952,391
92$38,585,449$1,411,248$0$36,215,983
93$42,423,524$1,382,759$0$39,809,581
94$46,650,007$1,349,798$0$43,766,766
95$51,304,419$1,312,049$0$48,124,539
96$56,430,309$1,269,178$0$52,923,676
97$62,075,664$1,220,831$0$58,209,107
98$68,293,363$1,166,633$0$64,030,346
99$75,141,676$1,106,188$0$70,441,951
100$82,684,811$1,039,077$0$77,504,046