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%13.1%
1 years$76,551$75,869$75,204$74,554$73,920$72,966
2 years$37,896$37,191$36,507$35,843$35,200$34,240
3 years$25,013$24,304$23,622$22,965$22,332$21,397
4 years$18,573$17,866$17,191$16,545$15,928$15,023
5 years$14,710$14,007$13,341$12,708$12,108$11,237
6 years$12,135$11,438$10,781$10,163$9,581$8,745
7 years$10,297$9,606$8,959$8,355$7,792$6,991
8 years$8,919$8,234$7,598$7,009$6,464$5,699
9 years$7,848$7,169$6,544$5,970$5,444$4,713
10 years$6,991$6,319$5,706$5,146$4,638$3,942
11 years$6,291$5,626$5,023$4,479$3,989$3,327
12 years$5,708$5,049$4,458$3,929$3,457$2,827
13 years$5,215$4,563$3,983$3,468$3,014$2,417
14 years$4,792$4,148$3,579$3,079$2,642$2,076
15 years$4,427$3,789$3,231$2,746$2,327$1,791
16 years$4,107$3,476$2,929$2,459$2,056$1,550
17 years$3,825$3,202$2,666$2,209$1,823$1,345
18 years$3,575$2,958$2,433$1,991$1,621$1,170
19 years$3,352$2,742$2,228$1,799$1,445$1,020
20 years$3,151$2,548$2,044$1,629$1,291$891
21 years$2,969$2,373$1,880$1,479$1,155$779
22 years$2,804$2,215$1,733$1,344$1,035$683
23 years$2,654$2,072$1,600$1,224$929$599
24 years$2,516$1,941$1,480$1,117$835$525
25 years$2,390$1,822$1,371$1,020$752$462
26 years$2,273$1,712$1,271$932$677$406
27 years$2,166$1,611$1,180$854$610$357
28 years$2,066$1,518$1,097$782$551$314
29 years$1,973$1,432$1,021$717$497$277
30 years$1,887$1,353$951$658$449$244
31 years$1,806$1,279$887$604$406$215
32 years$1,731$1,210$827$555$368$190
33 years$1,660$1,146$773$511$333$167
34 years$1,594$1,086$722$470$301$148
35 years$1,531$1,030$675$433$273$130
36 years$1,472$978$631$398$247$115
37 years$1,417$929$591$367$224$102
38 years$1,364$883$553$338$203$90
39 years$1,314$839$518$312$184$79
40 years$1,267$798$486$288$167$70
41 years$1,223$760$456$266$152$62
42 years$1,180$724$427$245$137$55
43 years$1,140$690$401$226$125$48
44 years$1,101$657$376$209$113$43
45 years$1,065$627$353$193$103$38
46 years$1,030$598$332$178$93$33
47 years$997$571$312$165$85$29
48 years$965$545$293$152$77$26
49 years$934$520$276$141$70$23
50 years$905$497$259$130$64$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $927,000, adding $3,121 every year, while hoping to spend $37,007 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: 59/11/30 Blend
49$927,000$927,000$927,000$927,000
50$1,024,773$975,642$961,274$1,076,666
51$1,089,925$984,074$954,101$1,120,996
52$1,160,482$991,678$945,448$1,165,159
53$1,236,956$998,375$935,226$1,212,582
54$1,319,911$1,004,081$923,341$1,263,591
55$1,409,966$1,008,705$909,698$1,318,549
56$1,507,803$1,012,152$894,192$1,377,857
57$1,614,170$1,014,319$876,720$1,441,957
58$1,729,894$1,015,098$857,167$1,511,339
59$1,855,879$1,014,375$835,419$1,586,542
60$1,993,126$1,012,026$811,353$1,668,165
61$2,142,732$1,007,923$784,840$1,756,866
62$2,305,907$1,001,927$755,749$1,853,375
63$2,483,981$993,893$723,938$1,958,497
64$2,678,419$983,665$689,261$2,073,121
65$2,890,833$971,081$651,567$2,198,230
66$3,122,999$955,965$610,696$2,334,908
67$3,376,871$938,133$566,480$2,484,353
68$3,654,601$917,390$518,746$2,647,888
69$3,958,557$893,529$467,311$2,826,973
70$4,291,350$866,332$411,986$3,023,220
71$4,655,852$835,566$352,571$3,238,409
72$5,055,226$800,986$288,860$3,474,505
73$5,492,958$762,333$220,635$3,733,676
74$5,972,884$719,332$147,671$4,018,315
75$6,499,232$671,693$69,732$4,331,065
76$7,076,656$619,109$0$4,674,840
77$7,710,284$561,254$0$5,057,161
78$8,405,764$497,787$0$5,501,374
79$9,169,318$428,345$0$5,989,136
80$10,007,799$352,544$0$6,524,860
81$10,928,755$269,979$0$7,113,406
82$11,940,505$180,225$0$7,760,131
83$13,052,208$82,828$0$8,470,939
84$14,273,960$0$0$9,252,338
85$15,616,878$0$0$10,114,243
86$17,093,214$0$0$11,072,882
87$18,716,464$0$0$12,127,002
88$20,501,497$0$0$13,286,269
89$22,464,696$0$0$14,561,335
90$24,624,110$0$0$15,963,933
91$26,999,628$0$0$17,506,993
92$29,613,159$0$0$19,204,759
93$32,488,848$0$0$21,072,926
94$35,653,293$0$0$23,128,789
95$39,135,806$0$0$25,391,403
96$42,968,680$0$0$27,881,763
97$47,187,499$0$0$30,623,003
98$51,831,472$0$0$33,640,614
99$56,943,803$0$0$36,962,685
100$62,572,094$0$0$40,620,165