Can I retire at age 50 with 926,000?

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 $926,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$76,468$75,787$75,123$74,474$73,841$72,350
2 years$37,856$37,151$36,467$35,805$35,162$33,667
3 years$24,986$24,278$23,597$22,940$22,308$20,855
4 years$18,553$17,847$17,172$16,527$15,910$14,510
5 years$14,694$13,992$13,326$12,695$12,095$10,752
6 years$12,122$11,426$10,770$10,152$9,570$8,286
7 years$10,286$9,595$8,950$8,346$7,783$6,558
8 years$8,909$8,225$7,590$7,002$6,457$5,290
9 years$7,839$7,161$6,537$5,964$5,438$4,329
10 years$6,984$6,312$5,699$5,141$4,633$3,581
11 years$6,284$5,620$5,018$4,474$3,985$2,988
12 years$5,701$5,044$4,453$3,924$3,453$2,510
13 years$5,209$4,558$3,978$3,465$3,011$2,121
14 years$4,787$4,143$3,575$3,076$2,640$1,800
15 years$4,422$3,785$3,227$2,743$2,324$1,533
16 years$4,103$3,473$2,926$2,456$2,054$1,310
17 years$3,821$3,198$2,663$2,207$1,821$1,123
18 years$3,571$2,955$2,431$1,989$1,619$964
19 years$3,348$2,739$2,225$1,797$1,443$829
20 years$3,147$2,545$2,042$1,627$1,289$715
21 years$2,966$2,371$1,878$1,477$1,154$617
22 years$2,801$2,213$1,731$1,343$1,034$533
23 years$2,651$2,070$1,598$1,223$928$461
24 years$2,514$1,939$1,478$1,115$834$399
25 years$2,387$1,820$1,369$1,019$751$345
26 years$2,271$1,710$1,270$931$676$299
27 years$2,164$1,610$1,179$853$610$260
28 years$2,064$1,517$1,096$781$550$225
29 years$1,971$1,431$1,020$716$497$196
30 years$1,885$1,351$950$657$449$170
31 years$1,804$1,277$886$604$406$147
32 years$1,729$1,209$827$555$367$128
33 years$1,658$1,145$772$510$332$111
34 years$1,592$1,085$721$469$301$97
35 years$1,530$1,029$674$432$272$84
36 years$1,471$977$631$398$247$73
37 years$1,415$928$590$367$224$64
38 years$1,363$882$553$338$203$55
39 years$1,313$838$518$312$184$48
40 years$1,266$798$485$287$167$42
41 years$1,221$759$455$265$151$36
42 years$1,179$723$427$245$137$32
43 years$1,139$689$401$226$125$28
44 years$1,100$657$376$209$113$24
45 years$1,064$626$353$193$103$21
46 years$1,029$597$332$178$93$18
47 years$995$570$312$164$85$16
48 years$964$544$293$152$77$14
49 years$933$520$275$140$70$12
50 years$904$496$259$130$63$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $926,000, adding $2,161 every year, while hoping to spend $48,912 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: 71/8/21 Blend
49$926,000$926,000$926,000$926,000
50$1,022,681$973,603$959,250$1,089,876
51$1,074,953$969,268$939,343$1,130,615
52$1,130,916$963,080$917,130$1,169,198
53$1,190,898$954,899$892,481$1,210,234
54$1,255,253$944,573$865,263$1,253,958
55$1,324,373$931,941$835,333$1,300,633
56$1,398,687$916,835$802,546$1,350,549
57$1,478,668$899,074$766,745$1,404,026
58$1,564,831$878,468$727,771$1,461,419
59$1,657,747$854,816$685,454$1,523,119
60$1,758,039$827,903$639,618$1,589,558
61$1,866,393$797,505$590,080$1,661,215
62$1,983,565$763,382$536,647$1,738,618
63$2,110,382$725,282$479,118$1,822,351
64$2,247,756$682,935$417,284$1,913,060
65$2,396,688$636,061$350,924$2,011,456
66$2,558,282$584,359$279,811$2,118,328
67$2,733,747$527,513$203,705$2,234,545
68$2,924,417$465,189$122,357$2,361,068
69$3,131,758$397,034$35,507$2,498,959
70$3,357,383$322,674$0$2,649,388
71$3,603,067$241,716$0$2,826,462
72$3,870,762$153,742$0$3,028,122
73$4,162,618$58,313$0$3,248,047
74$4,480,999$0$0$3,488,049
75$4,828,510$0$0$3,754,087
76$5,208,017$0$0$4,050,270
77$5,622,673$0$0$4,373,931
78$6,075,953$0$0$4,727,787
79$6,571,680$0$0$5,114,830
80$7,114,065$0$0$5,538,352
81$7,707,743$0$0$6,001,981
82$8,357,819$0$0$6,509,710
83$9,069,916$0$0$7,065,936
84$9,850,224$0$0$7,675,502
85$10,705,562$0$0$8,343,743
86$11,643,438$0$0$9,076,532
87$12,672,124$0$0$9,880,340
88$13,800,730$0$0$10,762,294
89$15,039,288$0$0$11,730,243
90$16,398,852$0$0$12,792,835
91$17,891,597$0$0$13,959,592
92$19,530,934$0$0$15,241,009
93$21,331,636$0$0$16,648,642
94$23,309,979$0$0$18,195,226
95$25,483,893$0$0$19,894,786
96$27,873,129$0$0$21,762,776
97$30,499,449$0$0$23,816,220
98$33,386,825$0$0$26,073,876
99$36,561,672$0$0$28,556,408
100$40,053,089$0$0$31,286,582