Can I retire at age 50 with 914,000?

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 $914,000?

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$75,477$74,805$74,149$73,509$72,884$69,964
2 years$37,365$36,669$35,995$35,341$34,706$31,802
3 years$24,663$23,964$23,291$22,643$22,019$19,221
4 years$18,313$17,616$16,950$16,313$15,704$13,034
5 years$14,504$13,811$13,154$12,530$11,938$9,402
6 years$11,965$11,278$10,630$10,020$9,446$7,046
7 years$10,153$9,471$8,834$8,238$7,682$5,417
8 years$8,794$8,118$7,492$6,911$6,373$4,240
9 years$7,738$7,069$6,453$5,887$5,367$3,364
10 years$6,893$6,231$5,626$5,074$4,573$2,695
11 years$6,203$5,547$4,953$4,416$3,933$2,176
12 years$5,628$4,978$4,395$3,874$3,408$1,768
13 years$5,141$4,499$3,927$3,420$2,972$1,443
14 years$4,725$4,090$3,528$3,036$2,605$1,182
15 years$4,365$3,736$3,186$2,707$2,294$971
16 years$4,049$3,428$2,888$2,424$2,027$800
17 years$3,772$3,157$2,628$2,178$1,798$660
18 years$3,525$2,917$2,399$1,963$1,598$546
19 years$3,305$2,703$2,196$1,774$1,425$452
20 years$3,106$2,512$2,016$1,606$1,273$375
21 years$2,927$2,340$1,854$1,458$1,139$311
22 years$2,765$2,184$1,709$1,326$1,021$258
23 years$2,617$2,043$1,578$1,207$916$214
24 years$2,481$1,914$1,459$1,101$824$178
25 years$2,356$1,796$1,351$1,006$741$148
26 years$2,242$1,688$1,253$919$668$123
27 years$2,135$1,589$1,164$842$602$103
28 years$2,037$1,497$1,082$771$543$85
29 years$1,946$1,412$1,007$707$490$71
30 years$1,861$1,334$938$649$443$59
31 years$1,781$1,261$874$596$401$49
32 years$1,707$1,193$816$548$362$41
33 years$1,637$1,130$762$504$328$34
34 years$1,571$1,071$712$463$297$28
35 years$1,510$1,016$665$427$269$24
36 years$1,452$964$622$393$244$20
37 years$1,397$916$583$362$221$16
38 years$1,345$870$546$334$200$14
39 years$1,296$827$511$308$182$11
40 years$1,250$787$479$284$165$10
41 years$1,206$749$449$262$149$8
42 years$1,164$714$421$242$136$7
43 years$1,124$680$395$223$123$6
44 years$1,086$648$371$206$112$5
45 years$1,050$618$349$190$101$4
46 years$1,015$590$327$176$92$3
47 years$983$563$308$162$84$3
48 years$951$537$289$150$76$2
49 years$921$513$272$139$69$2
50 years$892$490$255$128$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $914,000, adding $3,587 every year, while hoping to spend $52,461 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: 41/48/11 Blend
49$914,000$914,000$914,000$914,000
50$1,010,928$962,486$948,319$1,048,943
51$1,058,225$953,830$924,270$1,067,328
52$1,108,587$942,991$897,656$1,081,721
53$1,162,273$929,808$868,338$1,096,131
54$1,219,564$914,107$836,166$1,110,583
55$1,280,769$895,708$800,987$1,125,106
56$1,346,226$874,417$762,639$1,139,738
57$1,416,307$850,029$720,953$1,154,525
58$1,491,418$822,328$675,753$1,169,521
59$1,572,006$791,086$626,854$1,184,793
60$1,658,561$756,059$574,064$1,200,418
61$1,751,620$716,991$517,181$1,216,486
62$1,851,773$673,612$455,994$1,233,104
63$1,959,668$625,633$390,285$1,250,396
64$2,076,018$572,753$319,823$1,268,504
65$2,201,605$514,650$244,369$1,287,595
66$2,337,286$450,986$163,674$1,307,856
67$2,484,008$381,403$77,475$1,329,504
68$2,642,807$305,522$0$1,352,789
69$2,814,825$222,944$0$1,379,694
70$3,001,315$133,247$0$1,418,653
71$3,203,658$35,985$0$1,460,961
72$3,423,371$0$0$1,507,066
73$3,662,122$0$0$1,594,083
74$3,921,747$0$0$1,709,480
75$4,204,266$0$0$1,835,160
76$4,511,900$0$0$1,972,127
77$4,847,095$0$0$2,121,482
78$5,212,542$0$0$2,284,439
79$5,611,202$0$0$2,462,335
80$6,046,336$0$0$2,656,640
81$6,521,531$0$0$2,868,974
82$7,040,738$0$0$3,101,118
83$7,608,305$0$0$3,355,035
84$8,229,021$0$0$3,632,887
85$8,908,156$0$0$3,937,051
86$9,651,517$0$0$4,270,150
87$10,465,494$0$0$4,635,067
88$11,357,127$0$0$5,034,981
89$12,334,167$0$0$5,473,390
90$13,405,151$0$0$5,954,151
91$14,579,482$0$0$6,481,506
92$15,867,516$0$0$7,060,133
93$17,280,658$0$0$7,695,181
94$18,831,472$0$0$8,392,324
95$20,533,798$0$0$9,157,812
96$22,402,878$0$0$9,998,527
97$24,455,506$0$0$10,922,053
98$26,710,178$0$0$11,936,745
99$29,187,274$0$0$13,051,806
100$31,909,243$0$0$14,277,375