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%14.1%
1 years$76,386$75,705$75,041$74,393$73,761$72,509
2 years$37,815$37,110$36,428$35,766$35,124$33,867
3 years$24,959$24,252$23,571$22,916$22,284$21,061
4 years$18,533$17,828$17,154$16,509$15,893$14,713
5 years$14,678$13,977$13,312$12,681$12,082$10,948
6 years$12,109$11,413$10,758$10,141$9,560$8,474
7 years$10,275$9,585$8,940$8,337$7,775$6,736
8 years$8,900$8,216$7,582$6,994$6,450$5,459
9 years$7,831$7,154$6,530$5,957$5,432$4,489
10 years$6,976$6,306$5,693$5,135$4,628$3,731
11 years$6,277$5,613$5,012$4,469$3,980$3,129
12 years$5,695$5,038$4,448$3,920$3,449$2,643
13 years$5,203$4,553$3,974$3,461$3,008$2,244
14 years$4,782$4,139$3,571$3,072$2,637$1,915
15 years$4,417$3,781$3,224$2,740$2,322$1,640
16 years$4,098$3,469$2,923$2,453$2,052$1,410
17 years$3,817$3,195$2,660$2,204$1,819$1,215
18 years$3,567$2,952$2,428$1,986$1,618$1,049
19 years$3,344$2,736$2,223$1,795$1,442$908
20 years$3,144$2,542$2,040$1,626$1,288$787
21 years$2,963$2,368$1,876$1,475$1,152$683
22 years$2,798$2,211$1,729$1,341$1,033$594
23 years$2,648$2,067$1,597$1,222$927$517
24 years$2,511$1,937$1,477$1,114$833$450
25 years$2,385$1,818$1,368$1,018$750$392
26 years$2,269$1,708$1,269$930$676$342
27 years$2,161$1,608$1,178$852$609$299
28 years$2,062$1,515$1,095$780$550$261
29 years$1,969$1,429$1,019$716$496$228
30 years$1,883$1,350$949$657$448$199
31 years$1,802$1,276$885$603$405$174
32 years$1,727$1,207$826$554$367$152
33 years$1,657$1,143$771$510$332$133
34 years$1,590$1,084$720$469$300$117
35 years$1,528$1,028$673$432$272$102
36 years$1,469$976$630$398$247$89
37 years$1,414$927$590$366$223$78
38 years$1,361$881$552$338$203$68
39 years$1,312$837$517$311$184$60
40 years$1,265$797$485$287$167$53
41 years$1,220$758$455$265$151$46
42 years$1,178$722$426$245$137$40
43 years$1,137$688$400$226$125$35
44 years$1,099$656$376$208$113$31
45 years$1,062$626$353$192$103$27
46 years$1,028$597$331$178$93$24
47 years$994$569$311$164$85$21
48 years$963$544$292$152$77$18
49 years$932$519$275$140$70$16
50 years$903$496$258$130$63$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $925,000, adding $6,157 every year, while hoping to spend $28,100 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: 42/33/25 Blend
49$925,000$925,000$925,000$925,000
50$1,025,701$976,676$962,338$1,061,048
51$1,100,424$994,635$964,679$1,104,897
52$1,181,828$1,012,532$966,155$1,149,214
53$1,270,563$1,030,335$966,710$1,196,655
54$1,367,346$1,048,008$966,281$1,247,525
55$1,472,969$1,065,513$964,805$1,302,160
56$1,588,298$1,082,810$962,212$1,360,928
57$1,714,291$1,099,854$958,433$1,424,241
58$1,852,002$1,116,600$953,393$1,492,550
59$2,002,588$1,132,995$947,015$1,566,354
60$2,167,328$1,148,987$939,215$1,646,204
61$2,347,625$1,164,518$929,909$1,732,709
62$2,545,029$1,179,526$919,007$1,826,540
63$2,761,244$1,193,944$906,415$1,928,440
64$2,998,145$1,207,702$892,035$2,039,227
65$3,257,802$1,220,725$875,764$2,159,805
66$3,542,489$1,232,932$857,493$2,291,173
67$3,854,715$1,244,238$837,111$2,434,432
68$4,197,241$1,254,551$814,500$2,590,799
69$4,573,109$1,263,773$789,535$2,761,615
70$4,985,670$1,271,801$762,088$2,948,363
71$5,438,614$1,278,525$732,024$3,152,678
72$5,936,007$1,283,828$699,201$3,376,364
73$6,482,328$1,287,584$663,472$3,621,414
74$7,082,510$1,289,660$624,684$3,890,025
75$7,741,990$1,289,916$582,673$4,184,622
76$8,466,753$1,288,203$537,273$4,507,882
77$9,263,397$1,284,360$488,308$4,862,757
78$10,139,190$1,278,220$435,592$5,252,505
79$11,102,137$1,269,603$378,935$5,680,720
80$12,161,061$1,258,319$318,135$6,151,368
81$13,325,680$1,244,168$252,983$6,668,824
82$14,606,703$1,226,935$183,261$7,237,914
83$16,015,926$1,206,394$108,740$7,863,960
84$17,566,349$1,182,306$29,181$8,552,834
85$19,272,295$1,154,417$0$9,311,015
86$21,149,543$1,122,458$0$10,160,509
87$23,215,483$1,086,145$0$11,103,605
88$25,489,272$1,045,176$0$12,141,274
89$27,992,020$999,232$0$13,283,175
90$30,746,988$947,977$0$14,539,957
91$33,779,807$891,053$0$15,923,358
92$37,118,716$828,083$0$17,446,319
93$40,794,835$758,670$0$19,123,103
94$44,842,454$682,390$0$20,969,436
95$49,299,356$598,799$0$23,002,649
96$54,207,175$507,425$0$25,241,849
97$59,611,790$407,772$0$27,708,098
98$65,563,753$299,313$0$30,424,610
99$72,118,770$181,494$0$33,416,976
100$79,338,226$53,728$0$36,713,403