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%16.9%
1 years$76,386$75,705$75,041$74,393$73,761$71,687
2 years$37,815$37,110$36,428$35,766$35,124$33,051
3 years$24,959$24,252$23,571$22,916$22,284$20,276
4 years$18,533$17,828$17,154$16,509$15,893$13,966
5 years$14,678$13,977$13,312$12,681$12,082$10,240
6 years$12,109$11,413$10,758$10,141$9,560$7,806
7 years$10,275$9,585$8,940$8,337$7,775$6,108
8 years$8,900$8,216$7,582$6,994$6,450$4,870
9 years$7,831$7,154$6,530$5,957$5,432$3,937
10 years$6,976$6,306$5,693$5,135$4,628$3,217
11 years$6,277$5,613$5,012$4,469$3,980$2,650
12 years$5,695$5,038$4,448$3,920$3,449$2,198
13 years$5,203$4,553$3,974$3,461$3,008$1,832
14 years$4,782$4,139$3,571$3,072$2,637$1,534
15 years$4,417$3,781$3,224$2,740$2,322$1,288
16 years$4,098$3,469$2,923$2,453$2,052$1,085
17 years$3,817$3,195$2,660$2,204$1,819$917
18 years$3,567$2,952$2,428$1,986$1,618$776
19 years$3,344$2,736$2,223$1,795$1,442$657
20 years$3,144$2,542$2,040$1,626$1,288$558
21 years$2,963$2,368$1,876$1,475$1,152$474
22 years$2,798$2,211$1,729$1,341$1,033$403
23 years$2,648$2,067$1,597$1,222$927$343
24 years$2,511$1,937$1,477$1,114$833$293
25 years$2,385$1,818$1,368$1,018$750$249
26 years$2,269$1,708$1,269$930$676$213
27 years$2,161$1,608$1,178$852$609$181
28 years$2,062$1,515$1,095$780$550$155
29 years$1,969$1,429$1,019$716$496$132
30 years$1,883$1,350$949$657$448$113
31 years$1,802$1,276$885$603$405$96
32 years$1,727$1,207$826$554$367$82
33 years$1,657$1,143$771$510$332$70
34 years$1,590$1,084$720$469$300$60
35 years$1,528$1,028$673$432$272$51
36 years$1,469$976$630$398$247$44
37 years$1,414$927$590$366$223$38
38 years$1,361$881$552$338$203$32
39 years$1,312$837$517$311$184$28
40 years$1,265$797$485$287$167$24
41 years$1,220$758$455$265$151$20
42 years$1,178$722$426$245$137$17
43 years$1,137$688$400$226$125$15
44 years$1,099$656$376$208$113$13
45 years$1,062$626$353$192$103$11
46 years$1,028$597$331$178$93$9
47 years$994$569$311$164$85$8
48 years$963$544$292$152$77$7
49 years$932$519$275$140$70$6
50 years$903$496$258$130$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $925,000, adding $5,220 every year, while hoping to spend $41,627 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: 63/7/30 Blend
49$925,000$925,000$925,000$925,000
50$1,024,734$975,709$961,372$1,080,733
51$1,084,967$979,228$949,287$1,122,923
52$1,149,947$981,525$935,402$1,164,009
53$1,220,117$982,494$919,613$1,208,012
54$1,295,959$982,027$901,811$1,255,228
55$1,378,006$980,006$881,881$1,305,981
56$1,466,843$976,306$859,703$1,360,632
57$1,563,111$970,795$835,154$1,419,578
58$1,667,519$963,334$808,102$1,483,259
59$1,780,842$953,775$778,410$1,552,162
60$1,903,937$941,958$745,936$1,626,824
61$2,037,743$927,718$710,529$1,707,840
62$2,183,295$910,879$672,033$1,795,867
63$2,341,730$891,251$630,286$1,891,630
64$2,514,302$868,638$585,116$1,995,931
65$2,702,388$842,828$536,344$2,109,658
66$2,907,505$813,600$483,785$2,233,788
67$3,131,323$780,719$427,244$2,369,403
68$3,375,678$743,934$366,517$2,517,697
69$3,642,594$702,984$301,392$2,679,991
70$3,934,297$657,588$231,647$2,857,741
71$4,253,238$607,454$157,051$3,052,555
72$4,602,118$552,268$77,361$3,266,209
73$4,983,907$491,702$0$3,500,666
74$5,401,879$425,409$0$3,760,548
75$5,859,636$353,020$0$4,072,374
76$6,361,148$274,147$0$4,414,080
77$6,910,784$188,379$0$4,788,669
78$7,513,359$95,285$0$5,199,450
79$8,174,173$0$0$5,650,071
80$8,899,066$0$0$6,144,979
81$9,694,468$0$0$6,696,146
82$10,567,463$0$0$7,301,150
83$11,525,855$0$0$7,965,407
84$12,578,239$0$0$8,694,885
85$13,734,084$0$0$9,496,155
86$15,003,820$0$0$10,376,457
87$16,398,938$0$0$11,343,769
88$17,932,097$0$0$12,406,877
89$19,617,243$0$0$13,575,463
90$21,469,741$0$0$14,860,192
91$23,506,517$0$0$16,272,814
92$25,746,219$0$0$17,826,275
93$28,209,396$0$0$19,534,839
94$30,918,684$0$0$21,414,220
95$33,899,026$0$0$23,481,733
96$37,177,901$0$0$25,756,456
97$40,785,589$0$0$28,259,407
98$44,755,450$0$0$31,013,746
99$49,124,244$0$0$34,044,992
100$53,932,472$0$0$37,381,263