Can I retire at age 50 with 925,000?

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 $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%15%
1 years$76,386$75,705$75,041$74,393$73,761$72,242
2 years$37,815$37,110$36,428$35,766$35,124$33,601
3 years$24,959$24,252$23,571$22,916$22,284$20,804
4 years$18,533$17,828$17,154$16,509$15,893$14,468
5 years$14,678$13,977$13,312$12,681$12,082$10,715
6 years$12,109$11,413$10,758$10,141$9,560$8,253
7 years$10,275$9,585$8,940$8,337$7,775$6,528
8 years$8,900$8,216$7,582$6,994$6,450$5,263
9 years$7,831$7,154$6,530$5,957$5,432$4,304
10 years$6,976$6,306$5,693$5,135$4,628$3,558
11 years$6,277$5,613$5,012$4,469$3,980$2,967
12 years$5,695$5,038$4,448$3,920$3,449$2,491
13 years$5,203$4,553$3,974$3,461$3,008$2,103
14 years$4,782$4,139$3,571$3,072$2,637$1,784
15 years$4,417$3,781$3,224$2,740$2,322$1,518
16 years$4,098$3,469$2,923$2,453$2,052$1,297
17 years$3,817$3,195$2,660$2,204$1,819$1,110
18 years$3,567$2,952$2,428$1,986$1,618$953
19 years$3,344$2,736$2,223$1,795$1,442$819
20 years$3,144$2,542$2,040$1,626$1,288$705
21 years$2,963$2,368$1,876$1,475$1,152$608
22 years$2,798$2,211$1,729$1,341$1,033$525
23 years$2,648$2,067$1,597$1,222$927$454
24 years$2,511$1,937$1,477$1,114$833$392
25 years$2,385$1,818$1,368$1,018$750$339
26 years$2,269$1,708$1,269$930$676$294
27 years$2,161$1,608$1,178$852$609$255
28 years$2,062$1,515$1,095$780$550$221
29 years$1,969$1,429$1,019$716$496$192
30 years$1,883$1,350$949$657$448$166
31 years$1,802$1,276$885$603$405$144
32 years$1,727$1,207$826$554$367$125
33 years$1,657$1,143$771$510$332$109
34 years$1,590$1,084$720$469$300$94
35 years$1,528$1,028$673$432$272$82
36 years$1,469$976$630$398$247$71
37 years$1,414$927$590$366$223$62
38 years$1,361$881$552$338$203$54
39 years$1,312$837$517$311$184$47
40 years$1,265$797$485$287$167$41
41 years$1,220$758$455$265$151$35
42 years$1,178$722$426$245$137$31
43 years$1,137$688$400$226$125$27
44 years$1,099$656$376$208$113$23
45 years$1,062$626$353$192$103$20
46 years$1,028$597$331$178$93$18
47 years$994$569$311$164$85$15
48 years$963$544$292$152$77$13
49 years$932$519$275$140$70$12
50 years$903$496$258$130$63$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $925,000, adding $4,881 every year, while hoping to spend $58,456 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: 40/33/27 Blend
49$925,000$925,000$925,000$925,000
50$1,024,385$975,360$961,022$1,057,025
51$1,066,675$960,956$931,020$1,066,747
52$1,111,320$943,887$898,053$1,071,448
53$1,158,498$923,960$861,961$1,075,408
54$1,208,403$900,973$822,575$1,078,596
55$1,261,249$874,709$779,720$1,080,982
56$1,317,267$844,940$733,211$1,082,537
57$1,376,710$811,425$682,856$1,083,238
58$1,439,858$773,907$628,454$1,083,061
59$1,507,011$732,117$569,796$1,081,988
60$1,578,504$685,768$506,662$1,080,006
61$1,654,699$634,558$438,822$1,077,106
62$1,735,994$578,167$366,039$1,073,287
63$1,822,826$516,258$288,061$1,068,554
64$1,915,672$448,472$204,629$1,062,921
65$2,015,056$374,433$115,469$1,056,413
66$2,121,552$293,741$20,299$1,049,067
67$2,235,792$205,976$0$1,040,931
68$2,358,466$110,692$0$1,055,482
69$2,490,334$7,420$0$1,077,152
70$2,632,228$0$0$1,100,283
71$2,785,063$0$0$1,162,983
72$2,949,845$0$0$1,233,582
73$3,127,677$0$0$1,309,869
74$3,319,771$0$0$1,392,376
75$3,527,461$0$0$1,481,690
76$3,752,210$0$0$1,578,454
77$3,995,631$0$0$1,683,374
78$4,259,491$0$0$1,797,230
79$4,545,740$0$0$1,920,878
80$4,856,517$0$0$2,055,257
81$5,194,177$0$0$2,201,405
82$5,561,310$0$0$2,360,459
83$5,960,767$0$0$2,533,674
84$6,395,684$0$0$2,722,430
85$6,869,509$0$0$2,928,243
86$7,386,041$0$0$3,152,786
87$7,949,458$0$0$3,397,896
88$8,564,360$0$0$3,665,599
89$9,235,810$0$0$3,958,122
90$9,969,381$0$0$4,277,920
91$10,771,209$0$0$4,627,694
92$11,648,050$0$0$5,010,417
93$12,607,341$0$0$5,429,365
94$13,657,272$0$0$5,888,144
95$14,806,861$0$0$6,390,726
96$16,066,040$0$0$6,941,484
97$17,445,745$0$0$7,545,234
98$18,958,020$0$0$8,207,282
99$20,616,131$0$0$8,933,471
100$22,434,687$0$0$9,730,236