Can I retire at age 50 with 925,000?

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 $925,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$76,386$75,705$75,041$74,393$73,761$72,960
2 years$37,815$37,110$36,428$35,766$35,124$34,318
3 years$24,959$24,252$23,571$22,916$22,284$21,498
4 years$18,533$17,828$17,154$16,509$15,893$15,132
5 years$14,678$13,977$13,312$12,681$12,082$11,349
6 years$12,109$11,413$10,758$10,141$9,560$8,855
7 years$10,275$9,585$8,940$8,337$7,775$7,099
8 years$8,900$8,216$7,582$6,994$6,450$5,803
9 years$7,831$7,154$6,530$5,957$5,432$4,814
10 years$6,976$6,306$5,693$5,135$4,628$4,039
11 years$6,277$5,613$5,012$4,469$3,980$3,419
12 years$5,695$5,038$4,448$3,920$3,449$2,915
13 years$5,203$4,553$3,974$3,461$3,008$2,500
14 years$4,782$4,139$3,571$3,072$2,637$2,155
15 years$4,417$3,781$3,224$2,740$2,322$1,865
16 years$4,098$3,469$2,923$2,453$2,052$1,619
17 years$3,817$3,195$2,660$2,204$1,819$1,410
18 years$3,567$2,952$2,428$1,986$1,618$1,231
19 years$3,344$2,736$2,223$1,795$1,442$1,077
20 years$3,144$2,542$2,040$1,626$1,288$944
21 years$2,963$2,368$1,876$1,475$1,152$829
22 years$2,798$2,211$1,729$1,341$1,033$729
23 years$2,648$2,067$1,597$1,222$927$642
24 years$2,511$1,937$1,477$1,114$833$566
25 years$2,385$1,818$1,368$1,018$750$499
26 years$2,269$1,708$1,269$930$676$440
27 years$2,161$1,608$1,178$852$609$389
28 years$2,062$1,515$1,095$780$550$344
29 years$1,969$1,429$1,019$716$496$304
30 years$1,883$1,350$949$657$448$269
31 years$1,802$1,276$885$603$405$238
32 years$1,727$1,207$826$554$367$211
33 years$1,657$1,143$771$510$332$187
34 years$1,590$1,084$720$469$300$166
35 years$1,528$1,028$673$432$272$147
36 years$1,469$976$630$398$247$130
37 years$1,414$927$590$366$223$115
38 years$1,361$881$552$338$203$102
39 years$1,312$837$517$311$184$91
40 years$1,265$797$485$287$167$80
41 years$1,220$758$455$265$151$71
42 years$1,178$722$426$245$137$63
43 years$1,137$688$400$226$125$56
44 years$1,099$656$376$208$113$50
45 years$1,062$626$353$192$103$44
46 years$1,028$597$331$178$93$39
47 years$994$569$311$164$85$35
48 years$963$544$292$152$77$31
49 years$932$519$275$140$70$28
50 years$903$496$258$130$63$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $925,000, adding $3,627 every year, while hoping to spend $40,269 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: 39/39/22 Blend
49$925,000$925,000$925,000$925,000
50$1,023,091$974,066$959,729$1,056,170
51$1,084,601$978,950$949,034$1,085,259
52$1,151,034$982,723$936,631$1,112,623
53$1,222,852$985,288$922,420$1,141,400
54$1,300,559$986,544$906,298$1,171,740
55$1,384,711$986,379$888,154$1,203,812
56$1,475,919$984,679$867,874$1,237,806
57$1,574,854$981,319$845,339$1,273,933
58$1,682,254$976,169$820,423$1,312,427
59$1,798,933$969,090$792,996$1,353,552
60$1,925,783$959,935$762,920$1,397,600
61$2,063,787$948,546$730,052$1,444,897
62$2,214,028$934,759$694,243$1,495,807
63$2,377,695$918,398$655,336$1,550,734
64$2,556,097$899,277$613,168$1,610,127
65$2,750,677$877,199$567,567$1,674,487
66$2,963,020$851,957$518,354$1,744,370
67$3,194,874$823,328$465,344$1,820,393
68$3,448,159$791,079$408,342$1,903,243
69$3,724,993$754,964$347,143$1,993,682
70$4,027,705$714,720$281,536$2,092,557
71$4,358,862$670,072$211,297$2,200,806
72$4,721,286$620,726$136,196$2,319,472
73$5,118,089$566,373$55,991$2,449,709
74$5,552,696$506,687$0$2,592,798
75$6,028,878$441,322$0$2,757,110
76$6,550,790$369,913$0$2,951,745
77$7,123,007$292,075$0$3,165,356
78$7,750,566$207,399$0$3,399,940
79$8,439,019$115,457$0$3,657,706
80$9,194,477$15,793$0$3,941,095
81$10,023,675$0$0$4,252,804
82$10,934,028$0$0$4,635,327
83$11,933,708$0$0$5,062,957
84$13,031,714$0$0$5,532,781
85$14,237,960$0$0$6,049,060
86$15,563,370$0$0$6,616,486
87$17,019,975$0$0$7,240,227
88$18,621,032$0$0$7,925,979
89$20,381,145$0$0$8,680,016
90$22,316,404$0$0$9,509,250
91$24,444,535$0$0$10,421,299
92$26,785,069$0$0$11,424,552
93$29,359,524$0$0$12,528,257
94$32,191,608$0$0$13,742,599
95$35,307,444$0$0$15,078,802
96$38,735,812$0$0$16,549,234
97$42,508,424$0$0$18,167,520
98$46,660,221$0$0$19,948,674
99$51,229,704$0$0$21,909,241
100$56,259,294$0$0$24,067,447