Can I retire at age 50 with 927,000?

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 $927,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$76,551$75,869$75,204$74,554$73,920$72,251
2 years$37,896$37,191$36,507$35,843$35,200$33,527
3 years$25,013$24,304$23,622$22,965$22,332$20,708
4 years$18,573$17,866$17,191$16,545$15,928$14,364
5 years$14,710$14,007$13,341$12,708$12,108$10,610
6 years$12,135$11,438$10,781$10,163$9,581$8,150
7 years$10,297$9,606$8,959$8,355$7,792$6,429
8 years$8,919$8,234$7,598$7,009$6,464$5,168
9 years$7,848$7,169$6,544$5,970$5,444$4,213
10 years$6,991$6,319$5,706$5,146$4,638$3,473
11 years$6,291$5,626$5,023$4,479$3,989$2,886
12 years$5,708$5,049$4,458$3,929$3,457$2,416
13 years$5,215$4,563$3,983$3,468$3,014$2,033
14 years$4,792$4,148$3,579$3,079$2,642$1,718
15 years$4,427$3,789$3,231$2,746$2,327$1,457
16 years$4,107$3,476$2,929$2,459$2,056$1,240
17 years$3,825$3,202$2,666$2,209$1,823$1,058
18 years$3,575$2,958$2,433$1,991$1,621$905
19 years$3,352$2,742$2,228$1,799$1,445$775
20 years$3,151$2,548$2,044$1,629$1,291$665
21 years$2,969$2,373$1,880$1,479$1,155$571
22 years$2,804$2,215$1,733$1,344$1,035$491
23 years$2,654$2,072$1,600$1,224$929$423
24 years$2,516$1,941$1,480$1,117$835$364
25 years$2,390$1,822$1,371$1,020$752$314
26 years$2,273$1,712$1,271$932$677$271
27 years$2,166$1,611$1,180$854$610$234
28 years$2,066$1,518$1,097$782$551$202
29 years$1,973$1,432$1,021$717$497$174
30 years$1,887$1,353$951$658$449$150
31 years$1,806$1,279$887$604$406$130
32 years$1,731$1,210$827$555$368$112
33 years$1,660$1,146$773$511$333$97
34 years$1,594$1,086$722$470$301$84
35 years$1,531$1,030$675$433$273$73
36 years$1,472$978$631$398$247$63
37 years$1,417$929$591$367$224$54
38 years$1,364$883$553$338$203$47
39 years$1,314$839$518$312$184$41
40 years$1,267$798$486$288$167$35
41 years$1,223$760$456$266$152$31
42 years$1,180$724$427$245$137$26
43 years$1,140$690$401$226$125$23
44 years$1,101$657$376$209$113$20
45 years$1,065$627$353$193$103$17
46 years$1,030$598$332$178$93$15
47 years$997$571$312$165$85$13
48 years$965$545$293$152$77$11
49 years$934$520$276$141$70$10
50 years$905$497$259$130$64$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $927,000, adding $5,016 every year, while hoping to spend $40,400 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: 60/21/19 Blend
49$927,000$927,000$927,000$927,000
50$1,026,728$977,597$963,229$1,082,969
51$1,088,469$982,514$952,511$1,126,520
52$1,155,153$986,318$940,081$1,169,115
53$1,227,243$988,911$925,838$1,214,663
54$1,305,245$990,191$909,677$1,263,459
55$1,389,717$990,048$891,488$1,315,825
56$1,481,273$988,365$871,157$1,372,117
57$1,580,586$985,018$848,564$1,432,732
58$1,688,398$979,876$823,583$1,498,107
59$1,805,525$972,800$796,083$1,568,723
60$1,932,863$963,641$765,927$1,645,115
61$2,071,399$952,244$732,970$1,727,872
62$2,222,220$938,442$697,062$1,817,647
63$2,386,520$922,060$658,048$1,915,161
64$2,565,614$902,910$615,761$2,021,209
65$2,760,949$880,795$570,032$2,136,671
66$2,974,119$855,506$520,680$2,262,519
67$3,206,875$826,822$467,520$2,399,828
68$3,461,149$794,509$410,354$2,549,783
69$3,739,064$758,318$348,979$2,713,695
70$4,042,960$717,988$283,181$2,893,011
71$4,375,413$673,240$212,739$3,089,329
72$4,739,259$623,782$137,419$3,304,414
73$5,137,619$569,303$56,979$3,540,215
74$5,573,934$509,476$0$3,798,885
75$6,051,989$443,955$0$4,088,650
76$6,575,955$372,372$0$4,418,990
77$7,150,426$294,342$0$4,781,293
78$7,780,461$209,456$0$5,178,813
79$8,471,631$117,282$0$5,615,138
80$9,230,073$17,364$0$6,094,227
81$10,062,548$0$0$6,620,442
82$10,976,502$0$0$7,219,573
83$11,980,138$0$0$7,881,977
84$13,082,491$0$0$8,609,616
85$14,293,517$0$0$9,409,070
86$15,624,181$0$0$10,287,588
87$17,086,563$0$0$11,253,157
88$18,693,973$0$0$12,314,575
89$20,461,073$0$0$13,481,536
90$22,404,017$0$0$14,764,720
91$24,540,603$0$0$16,175,893
92$26,890,439$0$0$17,728,018
93$29,475,129$0$0$19,435,379
94$32,318,476$0$0$21,313,713
95$35,446,706$0$0$23,380,358
96$38,888,716$0$0$25,654,419
97$42,676,344$0$0$28,156,946
98$46,844,671$0$0$30,911,133
99$51,432,350$0$0$33,942,536
100$56,481,972$0$0$37,279,314