Can I retire at age 50 with 932,000?

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 $932,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$76,964$76,278$75,609$74,956$74,319$72,230
2 years$38,101$37,391$36,704$36,037$35,390$33,301
3 years$25,148$24,436$23,750$23,089$22,453$20,429
4 years$18,673$17,963$17,284$16,634$16,014$14,071
5 years$14,789$14,083$13,413$12,777$12,173$10,318
6 years$12,201$11,500$10,840$10,218$9,632$7,865
7 years$10,353$9,658$9,008$8,401$7,834$6,155
8 years$8,967$8,278$7,639$7,047$6,499$4,907
9 years$7,890$7,208$6,580$6,002$5,473$3,967
10 years$7,029$6,353$5,736$5,174$4,663$3,241
11 years$6,325$5,656$5,050$4,503$4,010$2,670
12 years$5,738$5,076$4,482$3,950$3,475$2,214
13 years$5,243$4,588$4,004$3,487$3,031$1,846
14 years$4,818$4,170$3,598$3,095$2,657$1,545
15 years$4,450$3,809$3,248$2,761$2,339$1,298
16 years$4,129$3,495$2,945$2,472$2,067$1,094
17 years$3,846$3,219$2,680$2,221$1,833$923
18 years$3,594$2,974$2,446$2,001$1,630$781
19 years$3,370$2,757$2,240$1,809$1,453$662
20 years$3,168$2,562$2,055$1,638$1,298$562
21 years$2,985$2,386$1,891$1,487$1,161$478
22 years$2,819$2,227$1,742$1,352$1,041$406
23 years$2,668$2,083$1,609$1,231$934$346
24 years$2,530$1,952$1,488$1,123$840$295
25 years$2,403$1,832$1,378$1,025$756$251
26 years$2,286$1,721$1,278$937$681$214
27 years$2,178$1,620$1,187$858$614$183
28 years$2,077$1,527$1,103$786$554$156
29 years$1,984$1,440$1,027$721$500$133
30 years$1,897$1,360$956$662$452$114
31 years$1,816$1,286$892$608$408$97
32 years$1,740$1,217$832$558$369$83
33 years$1,669$1,152$777$514$334$71
34 years$1,602$1,092$726$473$303$61
35 years$1,539$1,036$679$435$274$52
36 years$1,480$983$635$401$248$44
37 years$1,424$934$594$369$225$38
38 years$1,372$887$556$340$204$32
39 years$1,322$844$521$314$185$28
40 years$1,274$803$489$289$168$24
41 years$1,229$764$458$267$152$20
42 years$1,187$728$430$246$138$17
43 years$1,146$693$403$227$125$15
44 years$1,107$661$379$210$114$13
45 years$1,071$630$355$194$103$11
46 years$1,035$601$334$179$94$9
47 years$1,002$574$314$166$85$8
48 years$970$548$295$153$77$7
49 years$939$523$277$141$70$6
50 years$910$500$260$131$64$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $932,000, adding $4,484 every year, while hoping to spend $58,720 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: 34/47/19 Blend
49$932,000$932,000$932,000$932,000
50$1,031,689$982,293$967,847$1,060,608
51$1,074,444$967,948$937,793$1,067,953
52$1,119,592$950,932$904,763$1,070,120
53$1,167,314$931,052$868,597$1,071,227
54$1,217,811$908,104$829,125$1,071,216
55$1,271,298$881,871$786,171$1,070,027
56$1,328,012$852,125$739,550$1,067,599
57$1,388,214$818,623$689,069$1,063,873
58$1,452,185$781,110$634,527$1,058,788
59$1,520,237$739,312$575,712$1,052,286
60$1,592,707$692,945$512,404$1,044,308
61$1,669,967$641,704$444,374$1,034,801
62$1,752,425$585,268$371,382$1,023,710
63$1,840,525$523,299$293,176$1,010,987
64$1,934,756$455,438$209,494$996,587
65$2,035,652$381,306$120,064$980,470
66$2,143,803$300,504$24,600$962,602
67$2,259,851$212,608$0$942,960
68$2,384,503$117,173$0$937,192
69$2,518,535$13,728$0$935,969
70$2,662,799$0$0$934,370
71$2,818,231$0$0$983,289
72$2,985,857$0$0$1,043,807
73$3,166,806$0$0$1,109,244
74$3,362,318$0$0$1,180,064
75$3,573,756$0$0$1,256,774
76$3,802,619$0$0$1,339,934
77$4,050,551$0$0$1,430,157
78$4,319,365$0$0$1,528,120
79$4,611,051$0$0$1,634,565
80$4,927,799$0$0$1,750,312
81$5,272,018$0$0$1,876,258
82$5,646,357$0$0$2,013,395
83$6,053,731$0$0$2,162,811
84$6,497,347$0$0$2,325,706
85$6,980,736$0$0$2,503,397
86$7,507,782$0$0$2,697,338
87$8,082,759$0$0$2,909,126
88$8,710,372$0$0$3,140,522
89$9,395,803$0$0$3,393,462
90$10,144,751$0$0$3,670,079
91$10,963,496$0$0$3,972,721
92$11,858,948$0$0$4,303,974
93$12,838,717$0$0$4,666,685
94$13,911,183$0$0$5,063,989
95$15,085,572$0$0$5,499,339
96$16,372,045$0$0$5,976,538
97$17,781,792$0$0$6,499,773
98$19,327,138$0$0$7,073,658
99$21,021,654$0$0$7,703,272
100$22,880,290$0$0$8,394,212