Can I retire at age 50 with 926,000?

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 $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%15.9%
1 years$76,468$75,787$75,123$74,474$73,841$72,055
2 years$37,856$37,151$36,467$35,805$35,162$33,374
3 years$24,986$24,278$23,597$22,940$22,308$20,574
4 years$18,553$17,847$17,172$16,527$15,910$14,243
5 years$14,694$13,992$13,326$12,695$12,095$10,498
6 years$12,122$11,426$10,770$10,152$9,570$8,047
7 years$10,286$9,595$8,950$8,346$7,783$6,333
8 years$8,909$8,225$7,590$7,002$6,457$5,079
9 years$7,839$7,161$6,537$5,964$5,438$4,131
10 years$6,984$6,312$5,699$5,141$4,633$3,396
11 years$6,284$5,620$5,018$4,474$3,985$2,816
12 years$5,701$5,044$4,453$3,924$3,453$2,350
13 years$5,209$4,558$3,978$3,465$3,011$1,972
14 years$4,787$4,143$3,575$3,076$2,640$1,662
15 years$4,422$3,785$3,227$2,743$2,324$1,406
16 years$4,103$3,473$2,926$2,456$2,054$1,193
17 years$3,821$3,198$2,663$2,207$1,821$1,015
18 years$3,571$2,955$2,431$1,989$1,619$865
19 years$3,348$2,739$2,225$1,797$1,443$739
20 years$3,147$2,545$2,042$1,627$1,289$632
21 years$2,966$2,371$1,878$1,477$1,154$541
22 years$2,801$2,213$1,731$1,343$1,034$464
23 years$2,651$2,070$1,598$1,223$928$398
24 years$2,514$1,939$1,478$1,115$834$342
25 years$2,387$1,820$1,369$1,019$751$294
26 years$2,271$1,710$1,270$931$676$253
27 years$2,164$1,610$1,179$853$610$217
28 years$2,064$1,517$1,096$781$550$187
29 years$1,971$1,431$1,020$716$497$161
30 years$1,885$1,351$950$657$449$139
31 years$1,804$1,277$886$604$406$119
32 years$1,729$1,209$827$555$367$103
33 years$1,658$1,145$772$510$332$89
34 years$1,592$1,085$721$469$301$76
35 years$1,530$1,029$674$432$272$66
36 years$1,471$977$631$398$247$57
37 years$1,415$928$590$367$224$49
38 years$1,363$882$553$338$203$42
39 years$1,313$838$518$312$184$36
40 years$1,266$798$485$287$167$31
41 years$1,221$759$455$265$151$27
42 years$1,179$723$427$245$137$23
43 years$1,139$689$401$226$125$20
44 years$1,100$657$376$209$113$17
45 years$1,064$626$353$193$103$15
46 years$1,029$597$332$178$93$13
47 years$995$570$312$164$85$11
48 years$964$544$293$152$77$10
49 years$933$520$275$140$70$8
50 years$904$496$259$130$63$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $926,000, adding $5,316 every year, while hoping to spend $53,686 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: 60/33/7 Blend
49$926,000$926,000$926,000$926,000
50$1,025,935$976,857$962,504$1,085,703
51$1,073,459$967,602$937,627$1,117,112
52$1,124,031$956,094$910,117$1,144,720
53$1,177,906$942,165$879,829$1,173,477
54$1,235,361$925,640$846,612$1,203,495
55$1,296,702$906,331$810,307$1,234,900
56$1,362,262$884,038$770,749$1,267,832
57$1,432,409$858,551$727,765$1,302,448
58$1,507,543$829,649$681,174$1,338,924
59$1,588,105$797,095$630,786$1,377,455
60$1,674,579$760,639$576,404$1,418,261
61$1,767,494$720,018$517,822$1,461,587
62$1,867,433$674,954$454,823$1,507,704
63$1,975,035$625,150$387,184$1,556,919
64$2,091,001$570,296$314,668$1,609,569
65$2,216,104$510,061$237,029$1,666,033
66$2,351,189$444,096$154,012$1,726,732
67$2,497,188$372,034$65,349$1,792,134
68$2,655,123$293,486$0$1,862,763
69$2,826,119$208,041$0$1,941,383
70$3,011,412$115,264$0$2,031,805
71$3,212,362$14,697$0$2,129,884
72$3,430,462$0$0$2,236,439
73$3,667,358$0$0$2,386,569
74$3,924,857$0$0$2,555,621
75$4,204,949$0$0$2,739,574
76$4,509,823$0$0$2,939,873
77$4,841,887$0$0$3,158,110
78$5,203,791$0$0$3,396,036
79$5,598,453$0$0$3,655,578
80$6,029,082$0$0$3,938,857
81$6,499,212$0$0$4,248,209
82$7,012,734$0$0$4,586,203
83$7,573,928$0$0$4,955,671
84$8,187,510$0$0$5,359,727
85$8,858,670$0$0$5,801,801
86$9,593,124$0$0$6,285,672
87$10,397,164$0$0$6,815,498
88$11,277,721$0$0$7,395,861
89$12,242,426$0$0$8,031,803
90$13,299,684$0$0$8,728,881
91$14,458,751$0$0$9,493,213
92$15,729,822$0$0$10,331,537
93$17,124,124$0$0$11,251,276
94$18,654,026$0$0$12,260,604
95$20,333,151$0$0$13,368,528
96$22,176,502$0$0$14,584,966
97$24,200,611$0$0$15,920,846
98$26,423,686$0$0$17,388,203
99$28,865,784$0$0$19,000,300
100$31,549,003$0$0$20,771,743