Can I retire at age 50 with 931,000?

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 $931,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$76,881$76,196$75,528$74,876$74,239$73,190
2 years$38,060$37,351$36,664$35,998$35,352$34,297
3 years$25,121$24,409$23,724$23,064$22,429$21,401
4 years$18,653$17,943$17,265$16,617$15,996$15,003
5 years$14,773$14,068$13,398$12,763$12,160$11,205
6 years$12,188$11,487$10,828$10,207$9,622$8,706
7 years$10,341$9,647$8,998$8,392$7,825$6,948
8 years$8,957$8,269$7,631$7,039$6,492$5,654
9 years$7,882$7,200$6,573$5,996$5,467$4,668
10 years$7,021$6,346$5,730$5,169$4,658$3,897
11 years$6,318$5,650$5,045$4,498$4,006$3,282
12 years$5,732$5,071$4,477$3,946$3,472$2,784
13 years$5,237$4,583$4,000$3,483$3,027$2,376
14 years$4,813$4,166$3,594$3,092$2,654$2,037
15 years$4,446$3,805$3,245$2,758$2,337$1,753
16 years$4,125$3,491$2,942$2,469$2,065$1,514
17 years$3,842$3,215$2,677$2,219$1,831$1,311
18 years$3,591$2,971$2,444$1,999$1,628$1,138
19 years$3,366$2,754$2,237$1,807$1,451$990
20 years$3,164$2,559$2,053$1,636$1,296$863
21 years$2,982$2,383$1,889$1,485$1,160$753
22 years$2,816$2,225$1,741$1,350$1,040$658
23 years$2,665$2,081$1,607$1,230$933$576
24 years$2,527$1,950$1,486$1,121$839$504
25 years$2,400$1,830$1,377$1,024$755$442
26 years$2,283$1,720$1,277$936$680$388
27 years$2,175$1,618$1,186$857$613$340
28 years$2,075$1,525$1,102$785$553$299
29 years$1,982$1,439$1,026$720$499$263
30 years$1,895$1,359$955$661$451$231
31 years$1,814$1,284$891$607$408$203
32 years$1,738$1,215$831$558$369$179
33 years$1,667$1,151$776$513$334$157
34 years$1,601$1,091$725$472$302$138
35 years$1,538$1,035$678$435$274$122
36 years$1,479$982$634$400$248$107
37 years$1,423$933$593$369$225$94
38 years$1,370$886$556$340$204$83
39 years$1,320$843$521$313$185$73
40 years$1,273$802$488$289$168$65
41 years$1,228$763$458$267$152$57
42 years$1,185$727$429$246$138$50
43 years$1,145$693$403$227$125$44
44 years$1,106$660$378$210$114$39
45 years$1,069$630$355$194$103$34
46 years$1,034$601$333$179$94$30
47 years$1,001$573$313$165$85$27
48 years$969$547$294$153$77$24
49 years$938$522$277$141$70$21
50 years$909$499$260$130$64$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $931,000, adding $6,376 every year, while hoping to spend $21,802 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: 41/49/10 Blend
49$931,000$931,000$931,000$931,000
50$1,032,539$983,196$968,765$1,071,561
51$1,114,661$1,008,175$978,022$1,124,521
52$1,204,428$1,033,648$986,858$1,179,137
53$1,302,598$1,059,615$995,236$1,237,758
54$1,410,004$1,086,077$1,003,117$1,300,756
55$1,527,564$1,113,034$1,010,461$1,368,542
56$1,656,287$1,140,484$1,017,223$1,441,568
57$1,797,287$1,168,427$1,023,358$1,520,330
58$1,951,788$1,196,858$1,028,819$1,605,376
59$2,121,141$1,225,774$1,033,555$1,697,309
60$2,306,831$1,255,171$1,037,513$1,796,791
61$2,510,496$1,285,043$1,040,638$1,904,555
62$2,733,938$1,315,381$1,042,870$2,021,405
63$2,979,144$1,346,179$1,044,150$2,148,227
64$3,248,300$1,377,425$1,044,413$2,285,999
65$3,543,816$1,409,109$1,043,591$2,435,796
66$3,868,348$1,441,217$1,041,613$2,598,803
67$4,224,818$1,473,735$1,038,406$2,776,327
68$4,616,447$1,506,647$1,033,890$2,969,806
69$5,046,785$1,539,932$1,027,986$3,180,826
70$5,519,740$1,573,572$1,020,607$3,411,134
71$6,039,620$1,607,543$1,011,663$3,662,654
72$6,611,169$1,641,820$1,001,061$3,937,508
73$7,239,614$1,676,375$988,703$4,238,033
74$7,930,714$1,711,178$974,484$4,566,806
75$8,690,816$1,746,195$958,298$4,926,664
76$9,526,910$1,781,389$940,032$5,320,737
77$10,446,699$1,816,721$919,567$5,752,472
78$11,458,670$1,852,148$896,780$6,225,668
79$12,572,173$1,887,622$871,542$6,744,514
80$13,797,513$1,923,094$843,716$7,313,625
81$15,146,041$1,958,507$813,163$7,938,086
82$16,630,266$1,993,803$779,733$8,623,504
83$18,263,971$2,028,917$743,272$9,376,058
84$20,062,343$2,063,781$703,618$10,202,557
85$22,042,115$2,098,319$660,602$11,110,505
86$24,221,727$2,132,452$614,048$12,108,176
87$26,621,495$2,166,095$563,771$13,204,685
88$29,263,808$2,199,154$509,577$14,410,081
89$32,173,334$2,231,531$451,266$15,735,438
90$35,377,258$2,263,119$388,628$17,192,963
91$38,905,533$2,293,807$321,441$18,796,107
92$42,791,166$2,323,471$249,477$20,559,699
93$47,070,526$2,351,983$172,497$22,500,080
94$51,783,694$2,379,204$90,249$24,635,260
95$56,974,832$2,404,987$2,474$26,985,093
96$62,692,605$2,429,172$0$29,571,455
97$68,990,642$2,451,592$0$32,428,193
98$75,928,035$2,472,067$0$35,573,067
99$83,569,902$2,490,407$0$39,035,135
100$91,988,003$2,506,407$0$42,846,715