Can I retire at age 50 with 931,000?

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 $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%18%
1 years$76,881$76,196$75,528$74,876$74,239$71,834
2 years$38,060$37,351$36,664$35,998$35,352$32,951
3 years$25,121$24,409$23,724$23,064$22,429$20,108
4 years$18,653$17,943$17,265$16,617$15,996$13,773
5 years$14,773$14,068$13,398$12,763$12,160$10,041
6 years$12,188$11,487$10,828$10,207$9,622$7,608
7 years$10,341$9,647$8,998$8,392$7,825$5,916
8 years$8,957$8,269$7,631$7,039$6,492$4,687
9 years$7,882$7,200$6,573$5,996$5,467$3,764
10 years$7,021$6,346$5,730$5,169$4,658$3,054
11 years$6,318$5,650$5,045$4,498$4,006$2,498
12 years$5,732$5,071$4,477$3,946$3,472$2,056
13 years$5,237$4,583$4,000$3,483$3,027$1,701
14 years$4,813$4,166$3,594$3,092$2,654$1,414
15 years$4,446$3,805$3,245$2,758$2,337$1,178
16 years$4,125$3,491$2,942$2,469$2,065$985
17 years$3,842$3,215$2,677$2,219$1,831$825
18 years$3,591$2,971$2,444$1,999$1,628$692
19 years$3,366$2,754$2,237$1,807$1,451$582
20 years$3,164$2,559$2,053$1,636$1,296$490
21 years$2,982$2,383$1,889$1,485$1,160$413
22 years$2,816$2,225$1,741$1,350$1,040$348
23 years$2,665$2,081$1,607$1,230$933$294
24 years$2,527$1,950$1,486$1,121$839$248
25 years$2,400$1,830$1,377$1,024$755$210
26 years$2,283$1,720$1,277$936$680$177
27 years$2,175$1,618$1,186$857$613$150
28 years$2,075$1,525$1,102$785$553$127
29 years$1,982$1,439$1,026$720$499$107
30 years$1,895$1,359$955$661$451$91
31 years$1,814$1,284$891$607$408$77
32 years$1,738$1,215$831$558$369$65
33 years$1,667$1,151$776$513$334$55
34 years$1,601$1,091$725$472$302$47
35 years$1,538$1,035$678$435$274$40
36 years$1,479$982$634$400$248$33
37 years$1,423$933$593$369$225$28
38 years$1,370$886$556$340$204$24
39 years$1,320$843$521$313$185$20
40 years$1,273$802$488$289$168$17
41 years$1,228$763$458$267$152$15
42 years$1,185$727$429$246$138$12
43 years$1,145$693$403$227$125$10
44 years$1,106$660$378$210$114$9
45 years$1,069$630$355$194$103$8
46 years$1,034$601$333$179$94$6
47 years$1,001$573$313$165$85$5
48 years$969$547$294$153$77$5
49 years$938$522$277$141$70$4
50 years$909$499$260$130$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $931,000, adding $4,960 every year, while hoping to spend $27,696 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: 71/14/15 Blend
49$931,000$931,000$931,000$931,000
50$1,031,078$981,735$967,305$1,100,439
51$1,106,780$1,000,372$970,241$1,165,777
52$1,189,275$1,018,994$972,348$1,233,463
53$1,279,227$1,037,570$973,567$1,306,841
54$1,377,366$1,056,069$973,840$1,386,469
55$1,484,497$1,074,456$973,103$1,472,963
56$1,601,504$1,092,693$971,291$1,566,997
57$1,729,363$1,110,740$968,334$1,669,320
58$1,869,144$1,128,553$964,159$1,780,751
59$2,022,030$1,146,085$958,692$1,902,196
60$2,189,321$1,163,287$951,852$2,034,654
61$2,372,448$1,180,105$943,555$2,179,223
62$2,572,988$1,196,480$933,715$2,337,116
63$2,792,678$1,212,353$922,240$2,509,668
64$3,033,430$1,227,657$909,033$2,698,351
65$3,297,349$1,242,321$893,995$2,904,785
66$3,586,754$1,256,271$877,020$3,130,760
67$3,904,201$1,269,426$857,998$3,378,245
68$4,252,503$1,281,701$836,814$3,649,410
69$4,634,759$1,293,005$813,348$3,946,650
70$5,054,383$1,303,241$787,474$4,272,601
71$5,515,135$1,312,305$759,059$4,630,170
72$6,021,158$1,320,087$727,967$5,022,561
73$6,577,015$1,326,470$694,052$5,453,304
74$7,187,733$1,331,329$657,165$5,926,292
75$7,858,849$1,334,532$617,148$6,445,813
76$8,596,466$1,335,938$573,836$7,016,596
77$9,407,303$1,335,397$527,058$7,643,850
78$10,298,767$1,332,750$476,633$8,333,319
79$11,279,016$1,327,830$422,375$9,091,332
80$12,357,039$1,320,456$364,087$9,924,866
81$13,542,737$1,310,439$301,565$10,841,609
82$14,847,024$1,297,578$234,595$11,850,036
83$16,281,919$1,281,658$162,953$12,959,488
84$17,860,670$1,262,455$86,407$14,180,258
85$19,597,870$1,239,727$4,713$15,523,694
86$21,509,600$1,213,221$0$17,002,300
87$23,613,579$1,182,667$0$18,643,058
88$25,929,327$1,147,782$0$20,449,622
89$28,478,358$1,108,263$0$22,438,024
90$31,284,374$1,063,791$0$24,626,763
91$34,373,492$1,014,028$0$27,036,222
92$37,774,490$958,617$0$29,688,866
93$41,519,079$897,181$0$32,609,451
94$45,642,202$829,320$0$35,825,258
95$50,182,361$754,611$0$39,366,348
96$55,181,983$672,607$0$43,265,852
97$60,687,818$582,838$0$47,560,279
98$66,751,382$484,804$0$52,289,862
99$73,429,443$377,979$0$57,498,940
100$80,784,552$261,806$0$63,236,372