Can I retire at age 50 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$75,147$74,478$73,825$73,187$72,565$69,962
2 years$37,201$36,509$35,837$35,186$34,555$31,961
3 years$24,555$23,859$23,189$22,544$21,923$19,419
4 years$18,232$17,539$16,876$16,242$15,636$13,241
5 years$14,440$13,751$13,096$12,475$11,886$9,607
6 years$11,913$11,228$10,584$9,977$9,405$7,244
7 years$10,108$9,430$8,795$8,202$7,649$5,604
8 years$8,755$8,083$7,459$6,881$6,345$4,416
9 years$7,704$7,038$6,424$5,861$5,344$3,527
10 years$6,863$6,203$5,601$5,052$4,553$2,845
11 years$6,175$5,522$4,931$4,397$3,916$2,314
12 years$5,603$4,957$4,376$3,857$3,393$1,893
13 years$5,119$4,479$3,910$3,405$2,959$1,557
14 years$4,704$4,072$3,513$3,022$2,594$1,286
15 years$4,345$3,719$3,172$2,695$2,284$1,065
16 years$4,032$3,413$2,876$2,413$2,019$884
17 years$3,755$3,143$2,617$2,168$1,790$736
18 years$3,510$2,904$2,389$1,954$1,591$613
19 years$3,290$2,692$2,187$1,766$1,418$512
20 years$3,093$2,501$2,007$1,599$1,267$428
21 years$2,915$2,330$1,846$1,451$1,134$358
22 years$2,753$2,175$1,701$1,320$1,016$300
23 years$2,605$2,034$1,571$1,202$912$251
24 years$2,470$1,906$1,453$1,096$820$211
25 years$2,346$1,788$1,346$1,001$738$177
26 years$2,232$1,681$1,248$915$665$148
27 years$2,126$1,582$1,159$838$599$125
28 years$2,028$1,491$1,077$768$541$105
29 years$1,937$1,406$1,003$704$488$88
30 years$1,852$1,328$934$646$441$74
31 years$1,773$1,255$871$593$399$62
32 years$1,699$1,188$812$545$361$52
33 years$1,630$1,125$758$501$326$44
34 years$1,564$1,066$709$461$296$37
35 years$1,503$1,011$662$425$268$31
36 years$1,445$960$620$391$243$26
37 years$1,391$912$580$360$220$22
38 years$1,339$866$543$332$199$18
39 years$1,290$824$509$306$181$15
40 years$1,244$784$477$283$164$13
41 years$1,200$746$447$261$149$11
42 years$1,159$711$420$241$135$9
43 years$1,119$677$394$222$122$8
44 years$1,081$645$370$205$111$7
45 years$1,045$615$347$189$101$5
46 years$1,011$587$326$175$92$5
47 years$978$560$306$162$83$4
48 years$947$535$288$149$76$3
49 years$917$511$270$138$69$3
50 years$888$488$254$128$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $910,000, adding $3,409 every year, while hoping to spend $39,690 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: 52/37/11 Blend
49$910,000$910,000$910,000$910,000
50$1,006,336$958,106$944,001$1,055,596
51$1,066,753$962,824$933,396$1,094,267
52$1,132,002$966,442$921,104$1,131,764
53$1,202,533$968,865$907,029$1,171,625
54$1,278,844$969,992$891,067$1,214,082
55$1,361,479$969,714$873,110$1,259,395
56$1,451,036$967,917$853,046$1,307,849
57$1,548,175$964,478$830,756$1,359,761
58$1,653,620$959,268$806,117$1,415,482
59$1,768,167$952,150$779,000$1,475,400
60$1,892,693$942,979$749,270$1,539,947
61$2,028,163$931,600$716,785$1,609,598
62$2,175,636$917,849$681,398$1,684,882
63$2,336,280$901,553$642,954$1,766,383
64$2,511,381$882,529$601,293$1,854,746
65$2,702,350$860,581$556,245$1,950,689
66$2,910,745$835,505$507,635$2,055,002
67$3,138,278$807,082$455,278$2,168,562
68$3,386,835$775,081$398,982$2,292,338
69$3,658,491$739,259$338,546$2,427,402
70$3,955,530$699,356$273,761$2,574,939
71$4,280,470$655,100$204,407$2,736,260
72$4,636,080$606,202$130,257$2,912,816
73$5,025,411$552,357$51,072$3,106,208
74$5,451,822$493,241$0$3,318,208
75$5,919,012$428,514$0$3,554,698
76$6,431,055$357,815$0$3,820,570
77$6,992,438$280,764$0$4,112,247
78$7,608,103$196,957$0$4,432,404
79$8,283,493$105,971$0$4,783,996
80$9,024,602$7,357$0$5,170,282
81$9,838,034$0$0$5,594,865
82$10,731,064$0$0$6,102,171
83$11,711,703$0$0$6,662,631
84$12,788,779$0$0$7,278,306
85$13,972,014$0$0$7,954,767
86$15,272,121$0$0$8,698,150
87$16,700,901$0$0$9,515,216
88$18,271,353$0$0$10,413,414
89$19,997,801$0$0$11,400,948
90$21,896,023$0$0$12,486,860
91$23,983,406$0$0$13,681,109
92$26,279,101$0$0$14,994,671
93$28,804,214$0$0$16,439,636
94$31,581,994$0$0$18,029,326
95$34,638,061$0$0$19,778,419
96$38,000,639$0$0$21,703,087
97$41,700,829$0$0$23,821,151
98$45,772,898$0$0$26,152,244
99$50,254,604$0$0$28,718,001
100$55,187,549$0$0$31,542,260